Merit Financial Group LLC Boosts Holdings in Advanced Micro Devices, Inc. $AMD

Merit Financial Group LLC lifted its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 16.3% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 44,132 shares of the semiconductor manufacturer’s stock after buying an additional 6,173 shares during the period. Merit Financial Group LLC’s holdings in Advanced Micro Devices were worth $7,140,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently added to or reduced their stakes in the company. 3Chopt Investment Partners LLC purchased a new position in Advanced Micro Devices in the third quarter worth approximately $253,000. MFA Wealth Advisors LLC acquired a new position in shares of Advanced Micro Devices in the 3rd quarter valued at $974,000. Consilium Wealth Advisory LLC grew its holdings in shares of Advanced Micro Devices by 8.8% during the 3rd quarter. Consilium Wealth Advisory LLC now owns 3,592 shares of the semiconductor manufacturer’s stock worth $581,000 after purchasing an additional 291 shares during the period. Lee Johnson Capital Management LLC acquired a new position in Advanced Micro Devices in the third quarter valued at about $1,537,000. Finally, Calamos Wealth Management LLC increased its position in shares of Advanced Micro Devices by 5.0% during the third quarter. Calamos Wealth Management LLC now owns 5,612 shares of the semiconductor manufacturer’s stock valued at $908,000 after acquiring an additional 268 shares during the last quarter. 71.34% of the stock is currently owned by institutional investors and hedge funds.

Advanced Micro Devices Stock Up 0.7%

Shares of Advanced Micro Devices stock opened at $207.32 on Tuesday. The company has a quick ratio of 2.01, a current ratio of 2.85 and a debt-to-equity ratio of 0.04. Advanced Micro Devices, Inc. has a 52-week low of $76.48 and a 52-week high of $267.08. The company has a market capitalization of $338.02 billion, a P/E ratio of 78.23, a P/E/G ratio of 0.78 and a beta of 1.94. The company has a 50 day moving average of $221.05 and a 200 day moving average of $206.50.

Advanced Micro Devices (NASDAQ:AMD) last announced its quarterly earnings data on Tuesday, February 3rd. The semiconductor manufacturer reported $1.53 earnings per share for the quarter, beating analysts’ consensus estimates of $1.32 by $0.21. The business had revenue of $10.27 billion for the quarter, compared to analyst estimates of $9.65 billion. Advanced Micro Devices had a net margin of 12.52% and a return on equity of 8.84%. The company’s revenue was up 34.1% on a year-over-year basis. During the same period last year, the business earned $1.09 EPS. As a group, research analysts forecast that Advanced Micro Devices, Inc. will post 3.87 EPS for the current fiscal year.

Insider Buying and Selling at Advanced Micro Devices

In related news, EVP Forrest Eugene Norrod sold 19,450 shares of the company’s stock in a transaction that occurred on Wednesday, February 11th. The stock was sold at an average price of $216.81, for a total value of $4,216,954.50. Following the completion of the transaction, the executive vice president directly owned 289,098 shares of the company’s stock, valued at $62,679,337.38. This represents a 6.30% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Lisa T. Su sold 125,000 shares of the firm’s stock in a transaction that occurred on Wednesday, February 11th. The stock was sold at an average price of $214.36, for a total transaction of $26,795,000.00. Following the sale, the chief executive officer directly owned 3,152,476 shares in the company, valued at approximately $675,764,755.36. The trade was a 3.81% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 291,342 shares of company stock worth $62,938,155 over the last ninety days. Corporate insiders own 0.06% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently weighed in on AMD. Piper Sandler increased their price objective on shares of Advanced Micro Devices from $280.00 to $300.00 and gave the stock an “overweight” rating in a research report on Monday, January 26th. Bank of America restated a “buy” rating and set a $300.00 price target on shares of Advanced Micro Devices in a research report on Wednesday, November 12th. TD Cowen reiterated a “buy” rating on shares of Advanced Micro Devices in a report on Tuesday, December 2nd. Wells Fargo & Company restated an “overweight” rating and set a $345.00 target price on shares of Advanced Micro Devices in a report on Friday, January 30th. Finally, Susquehanna reiterated a “positive” rating and set a $300.00 price target on shares of Advanced Micro Devices in a research note on Friday, October 31st. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and ten have given a Hold rating to the company’s stock. According to data from MarketBeat, Advanced Micro Devices has an average rating of “Moderate Buy” and an average target price of $288.17.

Advanced Micro Devices News Roundup

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

• Positive Sentiment: Wall Street bullish — several analyst notes argue AMD has roughly 40% upside thanks to accelerating data-center and PC demand, underpinning renewed buy-side conviction. Read More.
• Positive Sentiment: Strategic India expansion — AMD and Tata Consultancy Services (TCS) will deploy a 200MW Helios rack-scale AI architecture in India to support large-scale AI training/inference for enterprises and sovereign AI initiatives, broadening AMD’s addressable AI market outside the U.S. Read More.
• Positive Sentiment: Deepening Tata alliance — coverage highlights AMD’s push to challenge NVIDIA in India via a deeper AI alliance with Tata, which could accelerate adoption of AMD inference/training platforms in a fast-growing market. Read More.
• Positive Sentiment: Analyst upgrades / consensus — AMD received a DA Davidson upgrade and an overall “moderate buy” consensus from analysts, supporting momentum in the stock. Upgrades can attract flows and lift short-term sentiment. Read More.
• Positive Sentiment: Institutional & thematic interest — inclusion in AI stock roundups and ownership by sustainability-focused funds highlights demand from thematic and ESG investors who favor AMD for digital infrastructure exposure. Read More.
• Neutral Sentiment: Comparative analysis — industry write-ups compare AMD vs. peers (e.g., Navitas, NVIDIA), noting AMD’s strong data-center growth and valuation dynamics; useful context but not an immediate catalyst. Read More.
• Neutral Sentiment: Short-interest data appears to be an anomaly — a reported “increase” showed zero shares and NaN changes, indicating a likely reporting error; no clear short-squeeze signal from this data. (data item)
• Negative Sentiment: Insider selling — CEO insider sales totaling roughly $26.8M were reported; while insider sales don’t always indicate long-term trouble, they can weigh on near-term sentiment and be used by bears as a caution. Read More.

Advanced Micro Devices Company Profile

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.