Thrivent Financial for Lutherans Acquires 162,213 Shares of Advanced Micro Devices, Inc. $AMD

Thrivent Financial for Lutherans grew its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 127.3% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 289,601 shares of the semiconductor manufacturer’s stock after buying an additional 162,213 shares during the quarter. Thrivent Financial for Lutherans’ holdings in Advanced Micro Devices were worth $46,856,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. ORG Wealth Partners LLC grew its stake in shares of Advanced Micro Devices by 39.7% in the 3rd quarter. ORG Wealth Partners LLC now owns 162 shares of the semiconductor manufacturer’s stock worth $26,000 after buying an additional 46 shares during the last quarter. Pinney & Scofield Inc. raised its position in shares of Advanced Micro Devices by 81.0% in the 2nd quarter. Pinney & Scofield Inc. now owns 190 shares of the semiconductor manufacturer’s stock worth $27,000 after purchasing an additional 85 shares during the last quarter. Avion Wealth boosted its stake in Advanced Micro Devices by 49.3% in the 2nd quarter. Avion Wealth now owns 218 shares of the semiconductor manufacturer’s stock worth $30,000 after purchasing an additional 72 shares in the last quarter. Evolution Wealth Management Inc. purchased a new stake in Advanced Micro Devices during the 2nd quarter valued at about $34,000. Finally, Signature Resources Capital Management LLC grew its holdings in shares of Advanced Micro Devices by 170.4% during the third quarter. Signature Resources Capital Management LLC now owns 219 shares of the semiconductor manufacturer’s stock valued at $35,000 after buying an additional 138 shares during the last quarter. Hedge funds and other institutional investors own 71.34% of the company’s stock.

Insiders Place Their Bets

In related news, EVP Mark D. Papermaster sold 17,108 shares of Advanced Micro Devices stock in a transaction that occurred on Friday, November 14th. The shares were sold at an average price of $240.12, for a total value of $4,107,972.96. Following the completion of the sale, the executive vice president directly owned 1,714,505 shares in the company, valued at $411,686,940.60. This trade represents a 0.99% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Lisa T. Su sold 125,000 shares of the business’s stock in a transaction dated Thursday, December 11th. The shares were sold at an average price of $215.14, for a total value of $26,892,500.00. Following the sale, the chief executive officer owned 3,277,476 shares in the company, valued at approximately $705,116,186.64. The trade was a 3.67% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 164,000 shares of company stock valued at $36,034,173. 0.06% of the stock is currently owned by corporate insiders.

Advanced Micro Devices Price Performance

Shares of AMD opened at $246.27 on Tuesday. 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 company has a 50 day moving average price of $222.10 and a 200-day moving average price of $203.37. Advanced Micro Devices, Inc. has a fifty-two week low of $76.48 and a fifty-two week high of $267.08. The stock has a market capitalization of $400.94 billion, a PE ratio of 121.92, a PEG ratio of 0.99 and a beta of 1.94.

Advanced Micro Devices (NASDAQ:AMD) last released its quarterly earnings results on Tuesday, November 4th. The semiconductor manufacturer reported $1.20 earnings per share for the quarter, beating analysts’ consensus estimates of $1.17 by $0.03. The business had revenue of $9.25 billion for the quarter, compared to analysts’ expectations of $8.76 billion. Advanced Micro Devices had a net margin of 10.32% and a return on equity of 8.04%. The company’s revenue was up 35.6% compared to the same quarter last year. During the same period last year, the business earned $0.92 EPS. Equities analysts predict that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current fiscal year.

Key Stories Impacting Advanced Micro Devices

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

• Positive Sentiment: Street expects an earnings beat driven by CPU, PC and server strength — Wedbush and other firms are bullish on AMD’s Q4 setup and some firms have raised price targets, supporting upside into the report. AMD seen delivering modest Q4 beat on PC and server strength
• Positive Sentiment: Data-center and AI tailwinds: hyperscaler spending and broader AI server growth are lifting demand for EPYC/Instinct and MI350 deployments, which investors view as a durable revenue driver versus legacy CPU markets. Nvidia Is Igniting A 28% Server Boom — With Broadcom And AMD Riding Shotgun
• Positive Sentiment: Options and positioning suggest investors expect upside: call activity and options flow are heavily skewed toward bullish bets ahead of earnings, implying market participants are pricing in a positive surprise. Here’s What Options Traders Expect from Advanced Micro Devices Stock After Earnings
• Positive Sentiment: Analyst conviction and price?target momentum: multiple firms are reiterating Outperform/Overweight ratings and higher targets (median near $290), bolstering investor confidence. Quiver Quant — Analyst ratings & targets summary
• Neutral Sentiment: Macro/market tailwinds: broader market bounce and improved manufacturing data are helping tech stocks generally, which supports AMD alongside peers during earnings week. Market Indexes Bounce Back to Start a New Trading Week
• Neutral Sentiment: Odd short?interest data: recent reports show negligible short interest (data anomalies reported), so short-covering is unlikely to be a major driver — treat this as ambiguous.
• Negative Sentiment: Product timing risk: rumors about MI450-series delays introduce execution uncertainty for future GPU ramps; while analysts remain broadly bullish, missed timing could temper forward guidance. Analysts Remain Bullish Despite MI450 Rumors
• Negative Sentiment: Elevated earnings volatility priced in: the options market is implying a sizable post?earnings move (~8–9%), meaning upside comes with meaningful short?term risk if AMD disappoints. Options Market Braces for an 8.87% Swing

Analysts Set New Price Targets

AMD has been the subject of several research reports. Jefferies Financial Group set a $300.00 price target on shares of Advanced Micro Devices and gave the company a “positive” rating in a research report on Monday, October 6th. Royal Bank Of Canada reissued a “sector perform” rating on shares of Advanced Micro Devices in a report on Monday. KGI Securities set a $260.00 price objective on shares of Advanced Micro Devices and gave the company an “outperform” rating in a research report on Monday, October 13th. China Renaissance started coverage on shares of Advanced Micro Devices in a report on Tuesday, January 13th. They issued a “buy” rating and a $291.00 price target on the stock. Finally, Robert W. Baird set a $300.00 price objective on shares of Advanced Micro Devices in a report on Wednesday, November 5th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and ten have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $281.06.

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.