Shikiar Asset Management Inc. Has $2.90 Million Stock Position in Advanced Micro Devices, Inc. $AMD

Shikiar Asset Management Inc. grew its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 52.2% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 17,896 shares of the semiconductor manufacturer’s stock after acquiring an additional 6,140 shares during the period. Shikiar Asset Management Inc.’s holdings in Advanced Micro Devices were worth $2,895,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Norges Bank purchased a new stake in Advanced Micro Devices in the 2nd quarter worth approximately $3,094,662,000. Kingstone Capital Partners Texas LLC purchased a new position in shares of Advanced Micro Devices during the second quarter valued at about $958,422,000. Parnassus Investments LLC lifted its holdings in shares of Advanced Micro Devices by 47,883.5% during the first quarter. Parnassus Investments LLC now owns 4,142,418 shares of the semiconductor manufacturer’s stock valued at $425,592,000 after purchasing an additional 4,133,785 shares during the last quarter. Rafferty Asset Management LLC raised its stake in 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 buying an additional 2,430,533 shares during the last quarter. Finally, Vanguard Group Inc. raised its position in Advanced Micro Devices by 1.5% in the second quarter. Vanguard Group Inc. now owns 154,648,859 shares of the semiconductor manufacturer’s stock worth $21,944,673,000 after acquiring an additional 2,281,508 shares during the period. 71.34% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, SVP Ava Hahn sold 2,868 shares of the stock in a transaction on Monday, October 6th. The stock was sold at an average price of $226.01, for a total transaction of $648,196.68. Following the completion of the sale, the senior vice president directly owned 9,033 shares of the company’s stock, valued at $2,041,548.33. This trade represents a 24.10% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Forrest Eugene Norrod sold 19,450 shares of the business’s stock in a transaction on Wednesday, November 19th. The shares were sold at an average price of $229.37, for a total value of $4,461,246.50. Following the completion of the transaction, the executive vice president owned 300,348 shares of the company’s stock, valued at $68,890,820.76. This trade represents a 6.08% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 183,476 shares of company stock worth $40,249,093. 0.06% of the stock is currently owned by company insiders.

Advanced Micro Devices Price Performance

Advanced Micro Devices stock opened at $214.95 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’s fifty day moving average price is $229.70 and its 200 day moving average price is $183.94. The stock has a market capitalization of $349.95 billion, a P/E ratio of 106.41, a P/E/G ratio of 1.58 and a beta of 1.93. Advanced Micro Devices, Inc. has a 1 year low of $76.48 and a 1 year high of $267.08.

Advanced Micro Devices (NASDAQ:AMD) last announced its quarterly earnings data on Tuesday, November 4th. The semiconductor manufacturer reported $1.20 EPS for the quarter, topping analysts’ consensus estimates of $1.17 by $0.03. The firm had revenue of $9.25 billion for the quarter, compared to the consensus estimate 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 was up 35.6% compared to the same quarter last year. During the same quarter last year, the business posted $0.92 earnings per share. As a group, equities research analysts anticipate that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several brokerages recently weighed in on AMD. Truist Financial dropped their target price on shares of Advanced Micro Devices from $279.00 to $277.00 and set a “buy” rating for the company in a report on Friday. Piper Sandler reissued an “overweight” rating and set a $280.00 target price on shares of Advanced Micro Devices in a research note on Wednesday, November 12th. Morgan Stanley restated an “equal weight” rating and issued a $260.00 price target on shares of Advanced Micro Devices in a research note on Wednesday, November 12th. Sanford C. Bernstein reiterated a “market perform” rating and set a $200.00 price objective on shares of Advanced Micro Devices in a research report on Wednesday, November 12th. Finally, Stifel Nicolaus boosted their target price on shares of Advanced Micro Devices from $240.00 to $280.00 and gave the stock a “buy” rating in a report on Wednesday, November 5th. Three analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and eleven have assigned a Hold rating to the company. According to MarketBeat, Advanced Micro Devices presently has an average rating of “Moderate Buy” and a consensus target price of $277.06.

Advanced Micro Devices News Roundup

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

• Positive Sentiment: Reports that Alibaba is considering a massive purchase of AMD AI chips lifted demand expectations for AMD’s data‑center business; if finalized, the order would materially boost near‑term AI GPU sales and China exposure. AMD Shares Climb on Reports of Alibaba Massive AI Chip Order
• Positive Sentiment: Wall Street momentum: multiple outlets note analyst upgrades and continued Buy ratings (including Bank of America maintaining Buy), keeping upside case intact into 2026 as investors price AI infrastructure growth. This underpins valuation support even after recent volatility. AMD Draws Analyst Upgrades for 2026 While Top Investor Signals a Long-Term Strength
• Positive Sentiment: Product roadmap: coverage highlights AMD’s upcoming MI450 AI GPU lineup (launch expected in 2026) as a potential catalyst to close the gap with NVIDIA in rack‑scale AI deployments — a successful MI450 roll‑out would be a structural revenue driver. Could AMD Finally Close the Gap on Nvidia AI Dominance?
• Neutral Sentiment: Relative‑value/competitive pieces (TER vs. AMD) compare supply‑chain and margin dynamics — useful for investors sizing cross‑sector exposure but not an immediate stock catalyst. TER vs. AMD: Which AI Component Supplier Stock Is the Better Buy?
• Neutral Sentiment: Options‑income ETF spotlight (AMDY) is driving derivative flows related to AMD but represents a trading/interest vehicle rather than a corporate fundamental change. Watch option premium activity for short‑term volatility signals. If You Like AMD’s Future, AMDY Lets You Go Full Send With An Over 100% Distribution Yield
• Negative Sentiment: Sell‑off context: coverage noting AMD down sharply in recent sessions highlights profit‑taking and a technical pullback; investors should weigh short‑term volatility against 2026 growth expectations. Advanced Micro Devices (AMD) Down More Than 13.9%, Here’s What You Need to Know
• Negative Sentiment: Critical analyst take (Seeking Alpha) argues AMD may not be a compelling buy yet — highlights valuation, execution risks and competitive pressures; such pieces can amplify downside during market turbulence. Advanced Micro Devices: Still Not A Compelling Bet
• Negative Sentiment: Sector rotation risk: Oracle’s “phase two” narrative (infrastructure and sovereign cloud winners) may divert capital from pure‑play chip names; increased investor focus on cloud/data‑center operators could limit multiple expansion for chipmakers like AMD. Forget The Chips: Oracle Wins Phase Two of AI

Advanced Micro Devices 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.