AE Wealth Management LLC grew its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD – Free Report) by 6.3% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 322,423 shares of the semiconductor manufacturer’s stock after buying an additional 19,157 shares during the quarter. AE Wealth Management LLC’s holdings in Advanced Micro Devices were worth $52,165,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Norges Bank bought a new stake in Advanced Micro Devices during the second quarter valued at $3,094,662,000. Jennison Associates LLC bought a new position in Advanced Micro Devices in the 3rd quarter worth about $626,826,000. Nordea Investment Management AB raised its holdings in shares of Advanced Micro Devices by 203.7% in the 3rd quarter. Nordea Investment Management AB now owns 3,905,148 shares of the semiconductor manufacturer’s stock valued at $631,892,000 after acquiring an additional 2,619,294 shares in the last quarter. Rafferty Asset Management LLC boosted its position in shares of Advanced Micro Devices by 56.0% during the 2nd quarter. Rafferty Asset Management LLC now owns 6,772,923 shares of the semiconductor manufacturer’s stock valued at $961,078,000 after acquiring an additional 2,430,533 shares during the last quarter. Finally, Vanguard Group Inc. grew its holdings in shares of Advanced Micro Devices by 1.5% during the second quarter. Vanguard Group Inc. now owns 154,648,859 shares of the semiconductor manufacturer’s stock worth $21,944,673,000 after purchasing an additional 2,281,508 shares in the last quarter. Hedge funds and other institutional investors own 71.34% of the company’s stock.
Insider Activity
In related news, EVP Mark D. Papermaster sold 17,108 shares of the stock in a transaction on Friday, November 14th. The stock was sold at an average price of $240.12, for a total transaction of $4,107,972.96. Following the sale, the executive vice president directly owned 1,714,505 shares of the company’s stock, valued at $411,686,940.60. This trade represents a 0.99% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Lisa T. Su sold 125,000 shares of the company’s stock in a transaction dated Thursday, December 11th. The shares were sold at an average price of $215.14, for a total transaction of $26,892,500.00. Following 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. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 164,000 shares of company stock worth $36,034,173. Corporate insiders own 0.06% of the company’s stock.
Advanced Micro Devices News Summary
- Positive Sentiment: OpenAI chip deal highlights growing AI revenue stream and validates AMD’s datacenter roadmap — a major fundamental catalyst that helps justify recent multiple expansion and investor optimism. AMD Lands OpenAI Chip Deal, Highlighting Growing AI Revenue Story
- Positive Sentiment: Strong reviews for the Ryzen 7 9850X3D are boosting confidence in AMD’s consumer CPU cycle and could lift client revenue and ASPs. Positive product momentum often feeds the headline reaction ahead of broader earnings. AMD Stock Jumps Alongside Positive Ryzen 7 9850X3D Reviews
- Positive Sentiment: Piper Sandler raised its price target (to $300) and kept an Overweight stance, citing Helios ramp and OpenAI as upside — an institutional upgrade that can attract investor flows. Piper Sandler Sees Helios Ramp and OpenAI Driving AMD Upside
- Positive Sentiment: High-profile bullish commentary (Jim Cramer saying he regrets selling AMD and noting unmet demand) amplifies retail/institutional interest and adds to momentum. Jim Cramer Says “Wish We Had Not Sold AMD for the Charitable Trust”
- Neutral Sentiment: Market chatter and leaks about a Ryzen 7 9850X3D + RAM bundle have lifted sentiment, but impact on near-term revenue is uncertain until broader channel data appears. AMD Stock Gains on Leaked Ryzen 7 9850X3D CPUs & RAM Bundle
- Neutral Sentiment: Speculative pieces predicting a post‑earnings rally on Feb. 3 and broader “buy” lists (MarketBeat, The Motley Fool) are momentum drivers but rely on AMD delivering a clean beat/guidance; they are worth watching but not guaranteed. Prediction: AMD Stock Will Soar on Feb. 3
- Neutral Sentiment: Upcoming Q4/earnings season (reports expected Feb. 3) is the immediate event risk: consensus expects continued revenue/EPS growth driven by AI/datacenter — good execution could sustain the rally; a miss would reverse sentiment. AMD Stock Flirts With Buy Point Ahead Of Q4 Report
- Negative Sentiment: Competitive/industry risk: Intel’s recent results and strategic positioning were highlighted as a reminder that AMD faces strong incumbents in data center CPU/GPU markets — continued pressure or better Intel execution could cap upside. Intel’s 21% Sell-Off Looks Ugly—But the Numbers Tell Another Story (AMD)
Advanced Micro Devices Trading Up 0.3%
Shares of AMD opened at $252.74 on Thursday. Advanced Micro Devices, Inc. has a 1-year low of $76.48 and a 1-year high of $267.08. The company has a current ratio of 2.31, a quick ratio of 1.68 and a debt-to-equity ratio of 0.04. The firm’s 50-day moving average price is $219.90 and its 200-day moving average price is $201.16. The firm has a market capitalization of $411.47 billion, a price-to-earnings ratio of 125.12, a PEG ratio of 1.05 and a beta of 1.95.
Advanced Micro Devices (NASDAQ:AMD – Get Free Report) last issued its quarterly earnings results on Tuesday, November 4th. The semiconductor manufacturer reported $1.20 earnings per share for the quarter, topping the consensus estimate of $1.17 by $0.03. The company had revenue of $9.25 billion for the quarter, compared to analysts’ expectations of $8.76 billion. Advanced Micro Devices had a return on equity of 8.04% and a net margin of 10.32%.The firm’s revenue for the quarter was up 35.6% on a year-over-year basis. During the same period in the prior year, the firm earned $0.92 earnings per share. Sell-side analysts anticipate that Advanced Micro Devices, Inc. will post 3.87 EPS for the current year.
Analyst Ratings Changes
Several equities research analysts recently weighed in on the company. DZ Bank upgraded Advanced Micro Devices from a “hold” rating to a “buy” rating and set a $250.00 target price for the company in a report on Wednesday, October 8th. CICC Research raised Advanced Micro Devices from a “market perform” rating to an “outperform” rating and set a $265.00 price objective for the company in a research note on Friday, November 7th. Sanford C. Bernstein lifted their target price on shares of Advanced Micro Devices from $200.00 to $225.00 and gave the stock a “market perform” rating in a research note on Wednesday, January 21st. Loop Capital set a $290.00 price target on shares of Advanced Micro Devices and gave the company a “buy” rating in a report on Wednesday, November 5th. Finally, Royal Bank Of Canada assumed coverage on shares of Advanced Micro Devices in a report on Wednesday, January 14th. They issued a “sector perform” rating and a $230.00 price target on the stock. 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. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $281.06.
View Our Latest Analysis on AMD
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.
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