Spire Wealth Management raised its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD – Free Report) by 54.1% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 25,148 shares of the semiconductor manufacturer’s stock after buying an additional 8,824 shares during the period. Spire Wealth Management’s holdings in Advanced Micro Devices were worth $4,069,000 at the end of the most recent quarter.
A number of other hedge funds also recently made changes to their positions in AMD. Pinney & Scofield Inc. lifted its holdings in Advanced Micro Devices by 81.0% during the 2nd quarter. Pinney & Scofield Inc. now owns 190 shares of the semiconductor manufacturer’s stock valued at $27,000 after purchasing an additional 85 shares during the last quarter. Dogwood Wealth Management LLC raised its position in shares of Advanced Micro Devices by 2,311.1% in the second quarter. Dogwood Wealth Management LLC now owns 217 shares of the semiconductor manufacturer’s stock valued at $30,000 after purchasing an additional 208 shares during the period. Avion Wealth lifted its stake in shares of Advanced Micro Devices by 49.3% during the 2nd quarter. Avion Wealth now owns 218 shares of the semiconductor manufacturer’s stock worth $30,000 after buying an additional 72 shares during the last quarter. West Branch Capital LLC boosted its holdings in shares of Advanced Micro Devices by 3,057.1% during the 2nd quarter. West Branch Capital LLC now owns 221 shares of the semiconductor manufacturer’s stock worth $31,000 after buying an additional 214 shares during the period. Finally, Evolution Wealth Management Inc. acquired a new position in Advanced Micro Devices in the 2nd quarter valued at about $34,000. 71.34% of the stock is owned by institutional investors and hedge funds.
Key Headlines Impacting Advanced Micro Devices
Here are the key news stories impacting Advanced Micro Devices this week:
- Positive Sentiment: CES product push and management commentary reinforce the AI growth story — AMD unveiled new data‑center and rack‑scale products (MI440X/MI450, Helios family) and CEO commentary pointed to strong AI demand, which supports the company’s long‑term revenue runway. QuiverQuant: CES opinions and demand comments
- Positive Sentiment: Solid fundamentals and analyst backing — recent earnings and revenue beats, strong growth rates, and numerous buy/outperform ratings with elevated price targets underpin the bullish case for continued upside over the next 12–24 months. Zacks: AMD as a top‑ranked growth stock
- Neutral Sentiment: Competitive landscape and broader industry tailwinds — AMD’s path depends on hyperscaler deals and foundry capacity (TSMC), and competitors (NVIDIA, Broadcom, Intel) are also advancing product roadmaps that will influence market share and pricing dynamics. The Motley Fool: AMD vs Broadcom/NVDA
- Negative Sentiment: Near‑term profit‑taking and rotation after a big 2025 rally — several outlets point to investor rotation out of chip winners following CES (not a single‑company shock), triggering the mid‑day pullback as traders lock gains. Invezz: Why is AMD plunging?
- Negative Sentiment: Technical/valuation and insider activity concerns — analysts and chart watchers flagged a risky technical pattern and valuation chatter (high P/E) while data summaries show concentrated insider selling, which can add short‑term pressure. Invezz: technical & valuation concerns QuiverQuant: insider trading summary
Wall Street Analysts Forecast Growth
Get Our Latest Stock Analysis on AMD
Advanced Micro Devices Stock Down 2.5%
Shares of NASDAQ AMD opened at $204.68 on Friday. The stock has a market capitalization of $333.23 billion, a P/E ratio of 101.33, a PEG ratio of 0.89 and a beta of 1.95. The stock’s fifty day moving average is $222.39 and its 200 day moving average is $191.39. Advanced Micro Devices, Inc. has a 52 week low of $76.48 and a 52 week high of $267.08. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.68 and a current ratio of 2.31.
Advanced Micro Devices (NASDAQ:AMD – Get Free Report) last announced its quarterly earnings data on Tuesday, November 4th. The semiconductor manufacturer reported $1.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.17 by $0.03. Advanced Micro Devices had a net margin of 10.32% and a return on equity of 8.04%. The firm had revenue of $9.25 billion for the quarter, compared to the consensus estimate of $8.76 billion. During the same period in the prior year, the company posted $0.92 earnings per share. The business’s revenue for the quarter was up 35.6% on a year-over-year basis. Sell-side analysts forecast that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current fiscal year.
Insider Buying and Selling
In related news, EVP Forrest Eugene Norrod sold 19,450 shares of the stock in a transaction that occurred on Wednesday, November 19th. The shares were sold at an average price of $229.37, for a total transaction of $4,461,246.50. Following the sale, the executive vice president owned 300,348 shares in the company, valued at approximately $68,890,820.76. This trade represents a 6.08% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Mark D. Papermaster sold 17,108 shares of the business’s stock in a transaction that occurred on Friday, November 14th. The shares were sold at an average price of $240.12, for a total transaction of $4,107,972.96. Following the transaction, the executive vice president owned 1,714,505 shares of the company’s stock, valued at approximately $411,686,940.60. This represents a 0.99% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 178,358 shares of company stock worth $39,229,623. Corporate insiders own 0.06% of the company’s stock.
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.
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