Advanced Micro Devices, Inc. $AMD Shares Purchased by Thrivent Financial for Lutherans

Thrivent Financial for Lutherans boosted its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 127.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 289,601 shares of the semiconductor manufacturer’s stock after buying an additional 162,213 shares during the quarter. Thrivent Financial for Lutherans’ holdings in Advanced Micro Devices were worth $46,856,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the stock. ORG Wealth Partners LLC increased its stake in Advanced Micro Devices by 39.7% during the third quarter. ORG Wealth Partners LLC now owns 162 shares of the semiconductor manufacturer’s stock worth $26,000 after purchasing an additional 46 shares during the period. Pinney & Scofield Inc. grew its holdings in shares of Advanced Micro Devices by 81.0% in the second quarter. Pinney & Scofield Inc. now owns 190 shares of the semiconductor manufacturer’s stock valued at $27,000 after purchasing an additional 85 shares in the last quarter. Avion Wealth lifted its holdings in 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 in the last quarter. Signature Resources Capital Management LLC boosted its position in Advanced Micro Devices by 170.4% in the 3rd quarter. Signature Resources Capital Management LLC now owns 219 shares of the semiconductor manufacturer’s stock valued at $35,000 after buying an additional 138 shares during the period. Finally, Evolution Wealth Management Inc. acquired a new position in shares of Advanced Micro Devices in the second quarter worth $34,000. 71.34% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Advanced Micro Devices

In other news, SVP Ava Hahn sold 2,442 shares of the business’s stock in a transaction on Friday, January 16th. The stock was sold at an average price of $234.42, for a total value of $572,453.64. Following the completion of the transaction, the senior vice president directly owned 16,359 shares of the company’s stock, valued at $3,834,876.78. The trade was a 12.99% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, EVP Forrest Eugene Norrod sold 19,450 shares of the business’s stock in a transaction dated 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 completion of the transaction, the executive vice president directly owned 300,348 shares of the company’s stock, valued at $68,890,820.76. The trade was a 6.08% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 164,000 shares of company stock worth $36,034,173. Corporate insiders own 0.06% of the company’s stock.

Key Stories Impacting Advanced Micro Devices

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

• Positive Sentiment: Street expects an earnings beat driven by CPU, PC and server strength — Wedbush and other firms are bullish on AMD’s Q4 setup and some firms have raised price targets, supporting upside into the report. AMD seen delivering modest Q4 beat on PC and server strength
• Positive Sentiment: Data-center and AI tailwinds: hyperscaler spending and broader AI server growth are lifting demand for EPYC/Instinct and MI350 deployments, which investors view as a durable revenue driver versus legacy CPU markets. Nvidia Is Igniting A 28% Server Boom — With Broadcom And AMD Riding Shotgun
• Positive Sentiment: Options and positioning suggest investors expect upside: call activity and options flow are heavily skewed toward bullish bets ahead of earnings, implying market participants are pricing in a positive surprise. Here’s What Options Traders Expect from Advanced Micro Devices Stock After Earnings
• Positive Sentiment: Analyst conviction and price‑target momentum: multiple firms are reiterating Outperform/Overweight ratings and higher targets (median near $290), bolstering investor confidence. Quiver Quant — Analyst ratings & targets summary
• Neutral Sentiment: Macro/market tailwinds: broader market bounce and improved manufacturing data are helping tech stocks generally, which supports AMD alongside peers during earnings week. Market Indexes Bounce Back to Start a New Trading Week
• Neutral Sentiment: Odd short‑interest data: recent reports show negligible short interest (data anomalies reported), so short-covering is unlikely to be a major driver — treat this as ambiguous.
• Negative Sentiment: Product timing risk: rumors about MI450-series delays introduce execution uncertainty for future GPU ramps; while analysts remain broadly bullish, missed timing could temper forward guidance. Analysts Remain Bullish Despite MI450 Rumors
• Negative Sentiment: Elevated earnings volatility priced in: the options market is implying a sizable post‑earnings move (~8–9%), meaning upside comes with meaningful short‑term risk if AMD disappoints. Options Market Braces for an 8.87% Swing

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on AMD shares. HSBC increased their price target on Advanced Micro Devices from $185.00 to $310.00 and gave the company a “buy” rating in a research report on Wednesday, October 15th. Raymond James Financial began coverage on shares of Advanced Micro Devices in a research note on Thursday, November 20th. They issued an “outperform” rating and a $377.00 price target for the company. Mizuho boosted their price target on shares of Advanced Micro Devices from $275.00 to $285.00 and gave the stock an “outperform” rating in a report on Wednesday, November 12th. Benchmark raised their price objective on shares of Advanced Micro Devices from $270.00 to $325.00 and gave the company a “buy” rating in a report on Wednesday, November 5th. Finally, Citigroup reiterated a “neutral” rating on shares of Advanced Micro Devices in a research note on Thursday, January 15th. Two analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and ten have assigned a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $281.06.

Advanced Micro Devices Trading Up 4.0%

NASDAQ:AMD opened at $246.27 on Tuesday. Advanced Micro Devices, Inc. has a 1 year low of $76.48 and a 1 year 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. The stock has a fifty day moving average price of $222.10 and a two-hundred day moving average price of $203.37. The stock has a market capitalization of $400.94 billion, a price-to-earnings ratio of 121.92, a PEG ratio of 0.99 and a beta of 1.94.

Advanced Micro Devices (NASDAQ:AMD) last issued its 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 net margin of 10.32% and a return on equity of 8.04%. The company had revenue of $9.25 billion during the quarter, compared to analysts’ expectations of $8.76 billion. During the same period last year, the company posted $0.92 earnings per share. The firm’s quarterly revenue was up 35.6% compared to the same quarter last year. As a group, sell-side analysts anticipate that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current fiscal year.

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.