Grandview Asset Management LLC boosted its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD – Free Report) by 28.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 11,665 shares of the semiconductor manufacturer’s stock after purchasing an additional 2,605 shares during the quarter. Grandview Asset Management LLC’s holdings in Advanced Micro Devices were worth $1,887,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Pinney & Scofield Inc. boosted its holdings in shares of Advanced Micro Devices by 81.0% during the 2nd quarter. Pinney & Scofield Inc. now owns 190 shares of the semiconductor manufacturer’s stock worth $27,000 after buying an additional 85 shares during the period. Dogwood Wealth Management LLC lifted its position in Advanced Micro Devices by 2,311.1% during the second quarter. Dogwood Wealth Management LLC now owns 217 shares of the semiconductor manufacturer’s stock worth $30,000 after acquiring an additional 208 shares during the last quarter. Avion Wealth lifted its position in Advanced Micro Devices by 49.3% during the second quarter. Avion Wealth now owns 218 shares of the semiconductor manufacturer’s stock worth $30,000 after acquiring an additional 72 shares during the last quarter. Signature Resources Capital Management LLC boosted its holdings in shares of Advanced Micro Devices by 170.4% during the third quarter. Signature Resources Capital Management LLC now owns 219 shares of the semiconductor manufacturer’s stock worth $35,000 after acquiring an additional 138 shares during the period. Finally, West Branch Capital LLC grew its position in shares of Advanced Micro Devices by 3,057.1% in the second quarter. West Branch Capital LLC now owns 221 shares of the semiconductor manufacturer’s stock valued at $31,000 after purchasing an additional 214 shares during the last quarter. 71.34% of the stock is currently owned by institutional investors and hedge funds.
Analysts Set New Price Targets
Several analysts recently weighed in on the company. Wolfe Research set a $300.00 price target on Advanced Micro Devices and gave the stock an “outperform” rating in a report on Tuesday, October 14th. Wells Fargo & Company lifted their target price on Advanced Micro Devices from $300.00 to $345.00 and gave the stock an “overweight” rating in a report on Wednesday, November 12th. TD Cowen boosted their target price on shares of Advanced Micro Devices from $270.00 to $290.00 and gave the company a “buy” rating in a research report on Wednesday, November 5th. Wedbush restated an “outperform” rating and issued a $290.00 price target on shares of Advanced Micro Devices in a research note on Wednesday, November 12th. Finally, Deutsche Bank Aktiengesellschaft set a $235.00 price objective on shares of Advanced Micro Devices and gave the stock a “hold” rating in a research note on Tuesday, October 14th. Three research analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and eleven have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $277.06.
Advanced Micro Devices Stock Down 1.1%
Shares of AMD opened at $221.08 on Tuesday. The firm has a 50 day simple moving average of $225.35 and a two-hundred day simple moving average of $190.56. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.31 and a quick ratio of 1.68. Advanced Micro Devices, Inc. has a one year low of $76.48 and a one year high of $267.08. The company has a market cap of $359.93 billion, a P/E ratio of 109.45, a P/E/G ratio of 0.95 and a beta of 1.95.
Advanced Micro Devices (NASDAQ:AMD – Get Free Report) last issued its earnings results on Tuesday, November 4th. The semiconductor manufacturer reported $1.20 earnings per share 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 quarter last year, the business posted $0.92 EPS. The company’s revenue was up 35.6% compared to the same quarter last year. Research analysts forecast that Advanced Micro Devices, Inc. will post 3.87 EPS for the current fiscal year.
Insider Activity at Advanced Micro Devices
In other Advanced Micro Devices news, EVP Mark D. Papermaster sold 17,108 shares of Advanced Micro Devices stock in a transaction dated Friday, November 14th. The stock was sold at an average price of $240.12, for a total value of $4,107,972.96. Following the transaction, the executive vice president owned 1,714,505 shares in the company, valued at $411,686,940.60. The trade was a 0.99% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Forrest Eugene Norrod sold 19,450 shares of the business’s stock in a transaction dated 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 transaction, the executive vice president directly owned 300,348 shares of the company’s stock, valued at approximately $68,890,820.76. The trade was a 6.08% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 178,358 shares of company stock valued at $39,229,623 over the last ninety days. 0.06% of the stock is owned by corporate insiders.
Advanced Micro Devices News Roundup
Here are the key news stories impacting Advanced Micro Devices this week:
- Positive Sentiment: New MI440X / MI455 GPU announcements target private and smaller corporate data centers, positioning AMD to win deployments outside hyperscalers and broaden GPU TAM — a near‑term catalyst for enterprise GPU sales. AMD Stock Jumps as CEO Announces New MI440X Chip for Private Data Centers
- Positive Sentiment: Large client‑CPU and AI PC push: AMD launched Ryzen AI 400/PRO 400 and Ryzen AI Max+ processors plus the Ryzen AI Halo developer mini‑PC and ROCm software updates — accelerates OEM adoption, expands addressable market in PCs and edge AI, and should support near‑term product sales. AMD and its Partners Share their Vision for AI Everywhere at CES 2026
- Positive Sentiment: Data‑center roadmap visibility: CEO commentary and product previews (MI455, Helios rack platform, MI500 series preview) give investors clearer path to compete with Nvidia in larger AI infrastructure markets. AMD unveils new chips at CES event
- Neutral Sentiment: Analyst and CEO framing: coverage (Barron’s/Benzinga) emphasizes AI is “early innings” and long‑term compute demand, supporting growth thesis but not guaranteeing near‑term revenue bumps. AMD Unveils New AI Chips and Processors. The Stock Is Rising.
- Neutral Sentiment: Supply/price risk: reports of rising memory costs could push GPU prices higher — potentially boosting revenue per unit but risking longer‑term demand/volume weakness if end prices rise. Rising memory prices set to push up Nvidia and AMD GPU costs
- Negative Sentiment: Insider selling and valuation: recent data shows concentrated insider sales and a high P/E; investors may view heavy officer selling and premium multiples as risk factors despite product momentum. QuiverQuant AMD CES summary and insider data
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.
Featured Stories
- Five stocks we like better than Advanced Micro Devices
- A month before the crash
- Elon Warns “America Is Broke”. Trump’s Plan Inside.
- BNZI: BNZI Surges Ahead as AI Marketing Fuels Record Revenue
- You Still Think Silver’s a Joke? Watch What Happens Next.
- Ticker Revealed: Pre-IPO Access to “Next Elon Musk” Company
Receive News & Ratings for Advanced Micro Devices Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Advanced Micro Devices and related companies with MarketBeat.com's FREE daily email newsletter.
