Parkside Financial Bank & Trust Acquires 6,924 Shares of Advanced Micro Devices, Inc. $AMD

Parkside Financial Bank & Trust boosted its stake in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 86.2% during the third quarter, HoldingsChannel reports. The firm owned 14,955 shares of the semiconductor manufacturer’s stock after buying an additional 6,924 shares during the period. Parkside Financial Bank & Trust’s holdings in Advanced Micro Devices were worth $2,420,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. HHM Wealth Advisors LLC boosted its stake in Advanced Micro Devices by 2.4% in the third quarter. HHM Wealth Advisors LLC now owns 1,742 shares of the semiconductor manufacturer’s stock worth $282,000 after buying an additional 40 shares in the last quarter. HBK Sorce Advisory LLC lifted its holdings in shares of Advanced Micro Devices by 0.3% in the 3rd quarter. HBK Sorce Advisory LLC now owns 13,404 shares of the semiconductor manufacturer’s stock worth $2,169,000 after acquiring an additional 43 shares during the last quarter. Wilmington Savings Fund Society FSB boosted its stake in shares of Advanced Micro Devices by 0.5% in the 3rd quarter. Wilmington Savings Fund Society FSB now owns 8,706 shares of the semiconductor manufacturer’s stock valued at $1,409,000 after purchasing an additional 43 shares in the last quarter. Moseley Investment Management Inc. grew its holdings in shares of Advanced Micro Devices by 0.5% during the 3rd quarter. Moseley Investment Management Inc. now owns 8,883 shares of the semiconductor manufacturer’s stock valued at $1,437,000 after purchasing an additional 44 shares during the last quarter. Finally, ORG Wealth Partners LLC grew its holdings in shares of Advanced Micro Devices by 39.7% during the 3rd quarter. ORG Wealth Partners LLC now owns 162 shares of the semiconductor manufacturer’s stock valued at $26,000 after purchasing an additional 46 shares during the last quarter. Institutional investors own 71.34% of the company’s stock.

Advanced Micro Devices Stock Performance

Shares of AMD opened at $253.73 on Friday. The company has a market cap of $413.08 billion, a price-to-earnings ratio of 125.61, a P/E/G ratio of 1.04 and a beta of 1.95. The business’s fifty day simple moving average is $218.40 and its two-hundred day simple moving average is $197.58. Advanced Micro Devices, Inc. has a 12 month low of $76.48 and a 12 month 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.

Advanced Micro Devices (NASDAQ:AMD) last announced its quarterly earnings results on Tuesday, November 4th. The semiconductor manufacturer reported $1.20 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.17 by $0.03. Advanced Micro Devices had a return on equity of 8.04% and a net margin of 10.32%.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 company’s quarterly revenue was up 35.6% on a year-over-year basis. Research analysts anticipate that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on AMD shares. Truist Financial reduced their price objective on Advanced Micro Devices from $279.00 to $277.00 and set a “buy” rating on the stock in a research note on Friday, December 19th. Sanford C. Bernstein lifted their price target on Advanced Micro Devices from $200.00 to $225.00 and gave the stock a “market perform” rating in a research note on Wednesday. Wells Fargo & Company increased their price objective on Advanced Micro Devices from $300.00 to $345.00 and gave the company an “overweight” rating in a research note on Wednesday, November 12th. Morgan Stanley restated an “equal weight” rating and issued a $260.00 target price on shares of Advanced Micro Devices in a report on Wednesday, November 12th. Finally, Bank of America reiterated a “buy” rating and set a $300.00 price target on shares of Advanced Micro Devices in a report on Wednesday, November 12th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and ten have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $279.67.

Advanced Micro Devices News Summary

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

• Positive Sentiment: Large customer commitment for HPC capacity — Riot Platforms signed a multi‑year arrangement with AMD to host high‑performance computing workloads at Riot’s Rockdale site (initial 25 MW, optional expansion to 200 MW), validating AMD demand for edge/HPC capacity and signaling concrete enterprise deployments. Riot Platforms: A $311M AMD Deal Changes the HPC Game
• Positive Sentiment: Analysts flag improving chip demand into earnings — Susquehanna’s research and other street commentary point to steadying/strengthening chip orders ahead of earnings, supporting upside to AMD’s data‑center and AI revenue outlook. NVDA, AAPL, AVGO, AMD: Top Analyst Sees Improving Chip Demand Ahead of Earnings
• Positive Sentiment: Product/software tailwind — AMD rolled out an Adrenalin driver bundle that simplifies AI setup for users, which can accelerate GPU adoption in gaming and edge AI use cases and supports near‑term revenue and ecosystem stickiness. AMD Stock Gains on Adrenalin AI Bundle Update
• Positive Sentiment: Corporate/governance move — Appointment of former Accenture CFO KC McClure to AMD’s board has been cited by markets as strengthening financial oversight and credibility ahead of an important earnings cycle. AMD Stock Rallies on a New Addition to Its Board of Directors
• Positive Sentiment: Expanding enterprise partnerships and AI roadmap — Coverage notes AMD targeting aggressive AI revenue growth (Helios racks, Instinct GPUs, partner deals) that underpins bullish street estimates for data‑center expansion. AMD Rides on Expanding Enterprise Partner Base: More Upside to Come?
• Neutral Sentiment: Mixed analyst/market commentary — Some outlets note conflicting analyst views and price‑target dispersion even as many maintain buy/overweight ratings; investors should watch upcoming earnings and guidance for clarity. Analysts Have Conflicting Sentiments on These Technology Companies: Advanced Micro Devices (AMD)
• Negative Sentiment: Risk of momentum fade and valuation concerns — some analysts warn that tech momentum could slow and AMD’s rally has elevated valuation metrics, increasing downside risk if data‑center orders or guidance disappoint. AMDY: Risk Of Underperformance As Tech Momentum Fades (Rating Downgrade)

Insider Activity at Advanced Micro Devices

In other news, SVP Ava Hahn sold 2,442 shares of the stock in a transaction on Friday, January 16th. The stock was sold at an average price of $234.42, for a total transaction of $572,453.64. Following the transaction, the senior vice president directly owned 16,359 shares of the company’s stock, valued at $3,834,876.78. This represents a 12.99% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Forrest Eugene Norrod sold 19,450 shares of the firm’s stock in a transaction on Wednesday, November 19th. The stock was 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 in the company, valued at approximately $68,890,820.76. This trade represents a 6.08% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 164,000 shares of company stock valued at $36,034,173. 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.