Advanced Micro Devices, Inc. $AMD Stock Sold by Formuepleje A S

Formuepleje A S lowered its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD – Free Report) by 18.3% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 6,853 shares of the semiconductor manufacturer’s stock after selling 1,536 shares during the quarter. Formuepleje A S’s holdings in Advanced Micro Devices were worth $4,192,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in AMD. First Citizens Financial Corp increased its holdings in Advanced Micro Devices by 3.4% during the 3rd quarter. First Citizens Financial Corp now owns 490 shares of the semiconductor manufacturer’s stock worth $300,000 after purchasing an additional 16 shares in the last quarter. Fearless Solutions LLC dba Best Invest grew its stake in shares of Advanced Micro Devices by 1.5% in the 3rd quarter. Fearless Solutions LLC dba Best Invest now owns 1,174 shares of the semiconductor manufacturer’s stock worth $718,000 after acquiring an additional 17 shares in the last quarter. Private Client Services LLC increased its stake in Advanced Micro Devices by 1.7% in the 3rd quarter. Private Client Services LLC now owns 1,079 shares of the semiconductor manufacturer’s stock valued at $660,000 after buying an additional 18 shares during the last quarter. Box Hill Private Wealth LLC boosted its stake in shares of Advanced Micro Devices by 2.5% in the 3rd quarter. Box Hill Private Wealth LLC now owns 794 shares of the semiconductor manufacturer’s stock worth $486,000 after buying an additional 19 shares during the last quarter. Finally, Bullock Wealth Management Group increased its position in shares of Advanced Micro Devices by 0.6% during the third quarter. Bullock Wealth Management Group now owns 3,321 shares of the semiconductor manufacturer’s stock valued at $2,045,000 after acquiring an additional 20 shares during the last quarter. 71.34% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other news, EVP Forrest Norrod sold 17,261 shares of the business’s 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 transaction, the executive vice president directly owned 363,317 shares of the company’s stock, valued at approximately $182,766,616.85. The trade was a 4.54% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Lisa Su sold 25,000 shares of the business’s stock in a transaction on Thursday, September 10th. The shares were sold at an average price of $506.79, for a total transaction of $12,669,750.00. Following the transaction, the chief executive officer directly owned 74,211 shares in the company, valued at approximately $37,609,392.69. The trade was a 25.20% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 213,838 shares of company stock worth $105,533,836. Insiders own 0.50% of the company’s stock.

Analysts Set New Price Targets

AMD has been the topic of a number of research analyst reports. Roth Capital boosted their target price on shares of Advanced Micro Devices from $500.00 to $650.00 and gave the company a “buy” rating in a research note on Friday, July 24th. Wedbush reiterated an “outperform” rating and set a $600.00 price target on shares of Advanced Micro Devices in a research note on Wednesday, August 5th. Citigroup lifted their target price on shares of Advanced Micro Devices from $575.00 to $800.00 and gave the stock a “buy” rating in a research note on Tuesday, October 6th. KeyCorp set a $650.00 price target on shares of Advanced Micro Devices in a research note on Wednesday, August 5th. Finally, Jefferies Financial Group set a $650.00 target price on shares of Advanced Micro Devices in a report on Wednesday, August 5th. Three investment analysts have rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Advanced Micro Devices has a consensus rating of “Moderate Buy” and a consensus price target of $603.51.

View Our Latest Stock Analysis on Advanced Micro Devices

Key Headlines Impacting Advanced Micro Devices

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

  • Positive Sentiment: AMD’s long-term AI opportunity remains a key bullish argument. Analysts point to strong demand for data-center processors and accelerators, improving AI-inference software, and the potential for agentic AI to drive substantial future compute demand. AMD’s Helion rack-scale architecture, developed with an open and modular approach, could broaden its role in AI infrastructure. What Does Advanced Micro Devices AMD Helion Mean For Its AI Ambitions?
  • Positive Sentiment: A credit-support agreement connected to Fermi Inc.’s 222-megawatt Texas power lease for Project Matador may help advance AI data-center capacity and could support AMD’s ecosystem and infrastructure ambitions, although related liquidity and lease risks remain. AMD’s Support Could Help Fermi Stock Overcome Its Biggest Hurdle
  • Neutral Sentiment: TSMC reported record profits and described AI-chip demand as extremely robust, supporting the underlying demand backdrop for AMD. However, TSMC’s shares also weakened, showing that strong operating results are not currently overcoming broader risk aversion in chip stocks. TSMC Posts Record Profit Amid Extremely Robust Demand for AI Chips
  • Negative Sentiment: Rising Treasury yields are increasing the discount rate applied to AMD’s future earnings and raising borrowing costs for AI customers. Fears that hyperscalers and other infrastructure buyers may struggle to finance planned projects have triggered a broad semiconductor sell-off. Rate Pressure vs. AI Demand
  • Negative Sentiment: AMD’s sharp year-to-date advance and premium valuation have increased profit-taking risk. Reports also highlight extensive insider selling, with no reported open-market purchases in the cited six-month period, potentially reinforcing investor concerns about valuation and expectations. AMD Stock Surges 183% YTD: Time to Hold or Exit?
  • Negative Sentiment: Concerns about an AI-spending reset intensified after weakness in AI-financing markets, including a sell-off in CoreWeave bonds. Investors are questioning whether AI demand, competitive pressure and infrastructure spending can justify current chip valuations. AMD Stock Takes a Bigger Hit as Cracks Emerge in the AI Trade

Advanced Micro Devices Trading Down 1.5%

Shares of AMD stock opened at $562.23 on Friday. The firm has a market cap of $917.82 billion, a P/E ratio of 144.53, a price-to-earnings-growth ratio of 5.90 and a beta of 2.45. The business has a 50-day moving average price of $536.11 and a two-hundred day moving average price of $471.82. The company has a quick ratio of 1.91, a current ratio of 2.61 and a debt-to-equity ratio of 0.03. Advanced Micro Devices, Inc. has a 12-month low of $188.22 and a 12-month high of $658.52.

Advanced Micro Devices (NASDAQ:AMD – Get Free Report) last posted its quarterly earnings results on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 EPS for the quarter, topping the consensus estimate of $1.62 by $0.04. The firm had revenue of $11.54 billion for the quarter, compared to the consensus estimate of $11.31 billion. Advanced Micro Devices had a net margin of 15.58% and a return on equity of 12.30%. The business’s revenue was up 50.1% compared to the same quarter last year. During the same period last year, the firm posted $0.48 earnings per share. Equities analysts anticipate that Advanced Micro Devices, Inc. will post 6.45 EPS for the current fiscal year.

About Advanced Micro Devices

(Free Report)

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.

See Also

Want to see what other hedge funds are holding AMD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Advanced Micro Devices, Inc. (NASDAQ:AMD – Free Report).

Institutional Ownership by Quarter for Advanced Micro Devices (NASDAQ:AMD)

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