Advanced Micro Devices, Inc. $AMD Shares Bought by Teacher Retirement System of Texas

Teacher Retirement System of Texas increased its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 20.0% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 341,649 shares of the semiconductor manufacturer’s stock after purchasing an additional 56,980 shares during the period. Teacher Retirement System of Texas’ holdings in Advanced Micro Devices were worth $55,275,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. HHM Wealth Advisors LLC lifted its holdings in shares of Advanced Micro Devices by 2.4% in the 3rd quarter. HHM Wealth Advisors LLC now owns 1,742 shares of the semiconductor manufacturer’s stock valued at $282,000 after buying an additional 40 shares during the period. HBK Sorce Advisory LLC lifted its holdings in Advanced Micro Devices by 0.3% in the third quarter. HBK Sorce Advisory LLC now owns 13,404 shares of the semiconductor manufacturer’s stock valued at $2,169,000 after acquiring an additional 43 shares during the period. Wilmington Savings Fund Society FSB boosted its position in shares of Advanced Micro Devices by 0.5% during the 3rd quarter. Wilmington Savings Fund Society FSB now owns 8,706 shares of the semiconductor manufacturer’s stock worth $1,409,000 after purchasing an additional 43 shares in the last quarter. Moseley Investment Management Inc. grew its stake in shares of Advanced Micro Devices by 0.5% during the 3rd quarter. Moseley Investment Management Inc. now owns 8,883 shares of the semiconductor manufacturer’s stock worth $1,437,000 after purchasing an additional 44 shares during the period. Finally, ORG Wealth Partners LLC grew its stake in shares of Advanced Micro Devices by 39.7% during the 3rd quarter. ORG Wealth Partners LLC now owns 162 shares of the semiconductor manufacturer’s stock worth $26,000 after purchasing an additional 46 shares during the period. Hedge funds and other institutional investors own 71.34% of the company’s stock.

Key Headlines Impacting Advanced Micro Devices

Here are the key news stories impacting Advanced Micro Devices this week:

• Positive Sentiment: Large customer commitment for HPC capacity — Riot Platforms signed a multi?year arrangement with AMD to host high?performance computing workloads at Riot’s Rockdale site (initial 25 MW, optional expansion to 200 MW), validating AMD demand for edge/HPC capacity and signaling concrete enterprise deployments. Riot Platforms: A $311M AMD Deal Changes the HPC Game
• Positive Sentiment: Analysts flag improving chip demand into earnings — Susquehanna’s research and other street commentary point to steadying/strengthening chip orders ahead of earnings, supporting upside to AMD’s data?center and AI revenue outlook. NVDA, AAPL, AVGO, AMD: Top Analyst Sees Improving Chip Demand Ahead of Earnings
• Positive Sentiment: Product/software tailwind — AMD rolled out an Adrenalin driver bundle that simplifies AI setup for users, which can accelerate GPU adoption in gaming and edge AI use cases and supports near?term revenue and ecosystem stickiness. AMD Stock Gains on Adrenalin AI Bundle Update
• Positive Sentiment: Corporate/governance move — Appointment of former Accenture CFO KC McClure to AMD’s board has been cited by markets as strengthening financial oversight and credibility ahead of an important earnings cycle. AMD Stock Rallies on a New Addition to Its Board of Directors
• Positive Sentiment: Expanding enterprise partnerships and AI roadmap — Coverage notes AMD targeting aggressive AI revenue growth (Helios racks, Instinct GPUs, partner deals) that underpins bullish street estimates for data?center expansion. AMD Rides on Expanding Enterprise Partner Base: More Upside to Come?
• Neutral Sentiment: Mixed analyst/market commentary — Some outlets note conflicting analyst views and price?target dispersion even as many maintain buy/overweight ratings; investors should watch upcoming earnings and guidance for clarity. Analysts Have Conflicting Sentiments on These Technology Companies: Advanced Micro Devices (AMD)
• Negative Sentiment: Risk of momentum fade and valuation concerns — some analysts warn that tech momentum could slow and AMD’s rally has elevated valuation metrics, increasing downside risk if data?center orders or guidance disappoint. AMDY: Risk Of Underperformance As Tech Momentum Fades (Rating Downgrade)

Insider Activity at Advanced Micro Devices

In related news, EVP Forrest Eugene Norrod sold 19,450 shares of the business’s stock in a transaction that occurred on Wednesday, November 19th. The stock was sold at an average price of $229.37, for a total transaction of $4,461,246.50. Following the transaction, the executive vice president directly owned 300,348 shares of the company’s stock, valued at approximately $68,890,820.76. The trade was a 6.08% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, CEO Lisa T. Su sold 125,000 shares of the business’s stock in a transaction on Thursday, December 11th. The stock was sold at an average price of $215.14, for a total transaction of $26,892,500.00. Following the completion of the transaction, the chief executive officer owned 3,277,476 shares in the company, valued at $705,116,186.64. This represents a 3.67% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 164,000 shares of company stock valued at $36,034,173. Insiders own 0.06% of the company’s stock.

Analysts Set New Price Targets

A number of analysts recently commented on AMD shares. China Renaissance started coverage on shares of Advanced Micro Devices in a report on Tuesday, January 13th. They set a “buy” rating and a $291.00 price objective on the stock. DZ Bank raised Advanced Micro Devices from a “hold” rating to a “buy” rating and set a $250.00 price target on the stock in a research note on Wednesday, October 8th. Wolfe Research set a $300.00 price objective on Advanced Micro Devices and gave the company an “outperform” rating in a research note on Tuesday, October 14th. Sanford C. Bernstein lifted their price objective on Advanced Micro Devices from $200.00 to $225.00 and gave the stock a “market perform” rating in a report on Wednesday. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of Advanced Micro Devices in a report on Monday, December 29th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and ten have given a Hold rating to the company. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $279.67.

Advanced Micro Devices Stock Up 1.6%

AMD stock opened at $253.73 on Friday. The company has a 50 day moving average price of $218.40 and a two-hundred day moving average price of $197.58. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.68 and a current ratio of 2.31. The stock has a market capitalization of $413.08 billion, a P/E ratio of 125.61, a PEG ratio of 1.04 and a beta of 1.95. Advanced Micro Devices, Inc. has a one year low of $76.48 and a one year high of $267.08.

Advanced Micro Devices (NASDAQ:AMD) last released its earnings results on Tuesday, November 4th. The semiconductor manufacturer reported $1.20 EPS for the quarter, beating the consensus estimate of $1.17 by $0.03. Advanced Micro Devices had a return on equity of 8.04% and a net margin of 10.32%.The firm had revenue of $9.25 billion during the quarter, compared to analyst estimates of $8.76 billion. During the same period in the prior year, the firm posted $0.92 earnings per share. The business’s quarterly revenue was up 35.6% compared to the same quarter last year. As a group, sell-side analysts expect that Advanced Micro Devices, Inc. will post 3.87 EPS for the current year.

About Advanced Micro Devices

Advanced Micro Devices, Inc (NASDAQ: AMD) is a global semiconductor company that designs and sells microprocessors, graphics processors, chipsets and adaptive computing solutions for a broad set of markets. The company’s product portfolio includes consumer and commercial CPUs under the Ryzen and Threadripper brands, data center processors under the EPYC brand, and Radeon graphics processing units for gaming and professional visualization. AMD also offers semi-custom system-on-chip (SoC) products for gaming consoles and other specialized applications, and provides supporting software and platform technologies for OEMs, cloud service providers and end users.

Founded in 1969, AMD has evolved from a supplier of logic chips into a diversified, fabless semiconductor designer.