Advanced Micro Devices, Inc. $AMD Holdings Increased by Burr Financial Services LLC

Burr Financial Services LLC increased its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 20.9% in the 3rd quarter, Holdings Channel reports. The fund owned 5,620 shares of the semiconductor manufacturer’s stock after buying an additional 971 shares during the quarter. Advanced Micro Devices accounts for about 2.1% of Burr Financial Services LLC’s investment portfolio, making the stock its 10th biggest position. Burr Financial Services LLC’s holdings in Advanced Micro Devices were worth $3,438,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of AMD. MJT & Associates Financial Advisory Group Inc. purchased a new stake in Advanced Micro Devices in the third quarter worth about $29,000. JNBA Financial Advisors grew its stake in shares of Advanced Micro Devices by 142.9% in the 2nd quarter. JNBA Financial Advisors now owns 51 shares of the semiconductor manufacturer’s stock worth $30,000 after buying an additional 30 shares during the last quarter. Bullseye Investment Management LLC purchased a new stake in shares of Advanced Micro Devices in the 2nd quarter worth approximately $44,000. Luminist Capital LLC bought a new position in Advanced Micro Devices during the 2nd quarter valued at approximately $46,000. Finally, BOK Financial Private Wealth Inc. bought a new position in Advanced Micro Devices during the 2nd quarter valued at approximately $53,000. 71.34% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, EVP Mark D. Papermaster sold 28,811 shares of the business’s stock in a transaction that occurred on Thursday, August 20th. The shares were sold at an average price of $471.87, for a total transaction of $13,595,046.57. Following the completion of the sale, the executive vice president directly owned 1,261,461 shares in the company, valued at approximately $595,245,602.07. The trade was a 2.23% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Forrest Norrod sold 17,261 shares of the stock in a transaction that occurred on Tuesday, September 15th. The stock was sold at an average price of $503.05, for a total transaction of $8,683,146.05. Following the completion of the transaction, the executive vice president owned 363,317 shares in the company, valued at $182,766,616.85. The trade was a 4.54% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 213,838 shares of company stock worth $105,533,836. Company insiders own 0.50% 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: Analyst optimism remains a major support. BNP Paribas raised its price target to $960 from $600, while Citi lifted its target to $800 from $575 and maintained a Buy rating. Analysts see additional upside if AMD successfully expands across CPUs, AI accelerators and inference-focused chips. AMD Stock Isn’t Undervalued, but Wall Street May Be Underestimating a Key Opportunity
• Positive Sentiment: AI infrastructure demand continues to look robust. TSMC reported third-quarter revenue of approximately $46.7 billion, up 50% year over year, signaling sustained demand for advanced processors, including AMD products. AMD also expects a substantial increase in manufacturing capacity in 2027 to address demand for AI processors and CPUs. Nvidia, AMD, Intel stocks despite record AI demand
• Positive Sentiment: Supply-chain and strategic partnerships could improve execution. CEO Lisa Su’s meetings with Samsung and SK Hynix reportedly focused on memory supply, foundry cooperation and broader AI collaboration. AMD’s relationship with Core Scientific and AMD-powered servers from Hewlett Packard Enterprise also reinforce the company’s data-center opportunity. AMD CEO says continues to explore foundry partnership with Samsung Electronics
• Neutral Sentiment: Investors now have a clear catalyst. AMD will report fiscal third-quarter results after the market close on November 3, 2026. Results, guidance and commentary on AI accelerator shipments will be important tests of the optimistic price targets. AMD to Report Fiscal Third Quarter 2026 Financial Results
• Negative Sentiment: Valuation and execution risks are limiting enthusiasm. Critics argue that AMD’s valuation already assumes successful large-scale deployment of products such as Helios, while the company must still convert customer commitments into recurring revenue and stronger cash flow. Potential dilution from warrants issued to Meta and OpenAI is another risk.
• Negative Sentiment: Macro pressure is weighing on high-growth technology shares. Rising Treasury yields and concerns that the AI trade has become overextended have pressured AMD and other chip stocks, even after TSMC delivered strong results.

Analyst Ratings Changes

Several equities research analysts have commented on the company. William Blair reissued a “market perform” rating on shares of Advanced Micro Devices in a report on Friday, July 24th. Piper Sandler assumed coverage on shares of Advanced Micro Devices in a report on Tuesday, September 15th. They issued an “overweight” rating and a $600.00 target price for the company. DA Davidson upped their target price on shares of Advanced Micro Devices from $425.00 to $550.00 and gave the stock a “buy” rating in a research note on Wednesday, August 5th. The Goldman Sachs Group increased their price target on shares of Advanced Micro Devices from $450.00 to $640.00 and gave the company a “buy” rating in a report on Monday, July 6th. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Advanced Micro Devices from $385.00 to $550.00 and gave the stock a “neutral” rating in a report on Wednesday, August 5th. Three investment analysts have rated the stock with a Strong Buy rating, thirty-one have given a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Advanced Micro Devices currently has a consensus rating of “Moderate Buy” and an average target price of $585.26.

Advanced Micro Devices Stock Performance

Shares of NASDAQ AMD traded down $23.20 during midday trading on Thursday, hitting $622.66. 8,939,612 shares of the stock traded hands, compared to its average volume of 32,524,732. The firm has a market capitalization of $1.02 trillion, a P/E ratio of 160.15, a PEG ratio of 6.73 and a beta of 2.45. Advanced Micro Devices, Inc. has a one year low of $188.22 and a one year high of $658.52. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.91 and a current ratio of 2.61. The firm has a 50-day moving average of $523.60 and a two-hundred day moving average of $455.44.

Advanced Micro Devices (NASDAQ:AMD) last issued its quarterly earnings data on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 EPS for the quarter, topping the consensus estimate of $1.62 by $0.04. Advanced Micro Devices had a return on equity of 12.30% and a net margin of 15.58%.The company had revenue of $11.54 billion during the quarter, compared to analyst estimates of $11.31 billion. During the same quarter in the previous year, the company posted $0.48 earnings per share. Advanced Micro Devices’s revenue was up 50.1% compared to the same quarter last year. On average, equities analysts forecast that Advanced Micro Devices, Inc. will post 6.43 EPS for the current fiscal year.

Advanced Micro Devices Company Profile

Advanced Micro Devices, Inc (NASDAQ: AMD) is a semiconductor company that designs high-performance computing, graphics and adaptive computing products. Its offerings serve data centers, personal computers, gaming systems, embedded devices and other specialized markets.

AMD’s product portfolio includes Ryzen processors for desktop and notebook computers, EPYC server processors, Radeon graphics products, and Instinct accelerators designed for artificial intelligence and high-performance computing workloads.