Advanced Micro Devices, Inc. $AMD Shares Bought by Quadrant Capital Group LLC

Quadrant Capital Group LLC boosted its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 3.8% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 43,459 shares of the semiconductor manufacturer’s stock after acquiring an additional 1,611 shares during the quarter. Advanced Micro Devices accounts for 0.7% of Quadrant Capital Group LLC’s portfolio, making the stock its 21st biggest holding. Quadrant Capital Group LLC’s holdings in Advanced Micro Devices were worth $26,316,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. BlackRock Inc. boosted its position in Advanced Micro Devices by 3.1% in the second quarter. BlackRock Inc. now owns 150,301,510 shares of the semiconductor manufacturer’s stock worth $87,311,650,000 after purchasing an additional 4,535,126 shares during the last quarter. State Street Corp grew its stake in shares of Advanced Micro Devices by 2.9% during the 2nd quarter. State Street Corp now owns 76,920,783 shares of the semiconductor manufacturer’s stock valued at $46,606,266,000 after purchasing an additional 2,149,563 shares during the period. Bank of America Corp DE bought a new stake in shares of Advanced Micro Devices during the 2nd quarter valued at about $7,022,226,000. Jennison Associates LLC increased its position in shares of Advanced Micro Devices by 5.8% during the 2nd quarter. Jennison Associates LLC now owns 9,972,952 shares of the semiconductor manufacturer’s stock valued at $5,793,388,000 after purchasing an additional 545,575 shares during the last quarter. Finally, Wellington Management Group LLP increased its position in shares of Advanced Micro Devices by 33.9% during the 2nd quarter. Wellington Management Group LLP now owns 9,334,396 shares of the semiconductor manufacturer’s stock valued at $5,422,444,000 after purchasing an additional 2,365,419 shares during the last quarter. Hedge funds and other institutional investors own 71.34% of the company’s stock.

Advanced Micro Devices News Summary

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

• Positive Sentiment: Higher analyst price target: Susquehanna raised its AMD target from $550 to $620 and maintained a positive rating, citing continued AI and data-center momentum. Wedbush also reaffirmed an Outperform rating with a $600 target.
• Positive Sentiment: Expanding AI infrastructure footprint: Vultr plans to deploy AMD Instinct MI355X GPUs in a 20-megawatt supercluster in Chennai, India. The project would become India’s largest AMD Instinct deployment and strengthens AMD’s position in enterprise and sovereign AI computing. Vultr and AMD Expand Global Collaboration
• Positive Sentiment: Long-term AI opportunity: Coverage highlighted AMD’s planned $8.2 billion investment in emerging AI applications such as robotics, simulation and physical AI. Analysts also view AMD’s server CPU business as a beneficiary of agentic-AI growth, while Anthropic’s large computing commitments reinforce expectations for sustained infrastructure spending.
• Positive Sentiment: Sector tailwinds: Strong updates from Super Micro Computer and SpaceX helped ease concerns about an AI-spending slowdown, lifting major semiconductor names. AMD also contributed to gains in the Nasdaq-100 and broad-market ETFs. Why Nvidia, AMD and Intel Stocks Are Surging
• Neutral Sentiment: Competitive positioning: Investor coverage continues to compare AMD with Nvidia, emphasizing AMD’s exposure to CPUs, GPUs and data-center infrastructure as potential ways to benefit from an AI buildout that may have several years left to run.
• Negative Sentiment: Valuation and earnings risk: AMD has risen sharply this year and trades at a demanding earnings multiple. Investors are focused on the November 3 quarterly report, with the stock vulnerable to disappointment in revenue growth, margins or AI demand guidance. After a 137% Run, Is AMD Priced for Perfection?
• Negative Sentiment: Insider selling: EVP Forrest Norrod sold 17,262 shares worth about $9.3 million under a pre-arranged Rule 10b5-1 plan. Because he retained a substantial position, the transaction is a limited rather than decisive negative signal.

Insider Transactions at Advanced Micro Devices

In other news, EVP Jean X. Hu sold 15,000 shares of the firm’s stock in a transaction on Tuesday, August 25th. The shares were sold at an average price of $474.08, for a total transaction of $7,111,200.00. Following the sale, the executive vice president directly owned 160,979 shares in the company, valued at $76,316,924.32. This trade represents a 8.52% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Mark Papermaster sold 28,811 shares of Advanced Micro Devices stock in a transaction 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 transaction, the executive vice president owned 1,261,461 shares in the company, valued at approximately $595,245,602.07. This trade represents a 2.23% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 231,100 shares of company stock valued at $114,867,400. Company insiders own 0.50% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on AMD. Roth Capital increased their price objective on shares of Advanced Micro Devices from $500.00 to $650.00 and gave the stock a “buy” rating in a research note on Friday, July 24th. Melius Research set a $660.00 price objective on shares of Advanced Micro Devices in a report on Friday, July 24th. BMO Capital Markets initiated coverage on shares of Advanced Micro Devices in a research report on Thursday, August 20th. They set an “outperform” rating and a $550.00 target price for the company. Susquehanna boosted their target price on shares of Advanced Micro Devices from $550.00 to $620.00 and gave the company a “positive” rating in a research report on Wednesday. Finally, Citigroup upped their target price on shares of Advanced Micro Devices from $575.00 to $800.00 and gave the company a “buy” rating in a report on Tuesday, October 6th. Three research analysts have rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Advanced Micro Devices presently has an average rating of “Moderate Buy” and an average price target of $606.76.

Advanced Micro Devices Trading Up 3.4%

Advanced Micro Devices stock opened at $552.72 on Thursday. The firm has a 50 day moving average of $541.00 and a 200 day moving average of $481.17. The firm has a market capitalization of $902.30 billion, a price-to-earnings ratio of 142.09, a P/E/G ratio of 5.49 and a beta of 2.45. Advanced Micro Devices, Inc. has a 12-month low of $188.22 and a 12-month high of $658.52. The company has a current ratio of 2.61, a quick ratio of 1.91 and a debt-to-equity ratio of 0.03.

Advanced Micro Devices (NASDAQ:AMD) last released its earnings results on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 EPS for the quarter, topping analysts’ consensus estimates of $1.62 by $0.04. Advanced Micro Devices had a net margin of 15.58% and a return on equity of 12.30%. The company had revenue of $11.54 billion for the quarter, compared to analysts’ expectations of $11.31 billion. During the same quarter last year, the business earned $0.48 EPS. The firm’s revenue was up 50.1% compared to the same quarter last year. As a group, research analysts predict that Advanced Micro Devices, Inc. will post 6.50 earnings per share for the current year.

Advanced Micro Devices Company Profile

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

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