951 Advanced Micro Devices, Inc. $AMD Shares Acquired by Central Bank & Trust Co.

Central Bank & Trust Co. lifted its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 43.1% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 3,157 shares of the semiconductor manufacturer’s stock after purchasing an additional 951 shares during the quarter. Central Bank & Trust Co.’s holdings in Advanced Micro Devices were worth $1,931,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. BlackRock Inc. raised its holdings in Advanced Micro Devices by 3.1% during the 2nd 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 lifted its position 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 acquiring an additional 2,149,563 shares during the period. Invesco Ltd. increased its position in Advanced Micro Devices by 15.9% in the 4th quarter. Invesco Ltd. now owns 15,473,280 shares of the semiconductor manufacturer’s stock valued at $3,313,758,000 after buying an additional 2,124,867 shares in the last quarter. Bank of America Corp DE acquired a new position in shares of Advanced Micro Devices during the second quarter worth approximately $7,022,226,000. Finally, Jennison Associates LLC increased its stake in 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 in the last quarter. Institutional investors own 71.34% of the company’s stock.

Key Advanced Micro Devices News

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

• Positive Sentiment: AI infrastructure demand remains robust. Record results from TSMC and Samsung indicate that hyperscaler capital spending and demand for AI processors, memory and data-center equipment remain strong. This supports AMD’s Instinct GPU and server CPU businesses. Record Profits at Samsung and TSMC Say the AI Trade is Intact
• Positive Sentiment: AMD is expanding its supply-chain and infrastructure partnerships. CEO Lisa Su reportedly met with Samsung and SK Hynix executives to pursue foundry, memory and AI collaboration, potentially helping AMD secure constrained components. AMD is also part of an open Ethernet rack-scale initiative with Arista Networks, Broadcom, Meta and Microsoft. AMD Explores Foundry Partnership With a Korean Technology Company
• Positive Sentiment: Analysts see additional upside if execution improves. Recent commentary highlights potential gains from AMD’s CPUs, AI accelerators, inference products and rack-scale systems. One bullish thesis argues that future margin expansion could exceed current expectations, while Citi and BNP Paribas have pointed to further upside tied to AI deployments. AMD Margin Upside
• Neutral Sentiment: Investors are focused on the November 3 earnings report. The upcoming results will be an important test of whether strong AI-related demand is translating into revenue growth, cash flow and sustainable profitability.
• Negative Sentiment: High valuation is limiting investor tolerance for disappointment. AMD has rallied sharply and trades at a very high earnings multiple, prompting questions about how much future AI growth is already reflected in the stock. Can AMD’s Rally Continue?
• Negative Sentiment: Macro and sector pressures are weighing on AMD. Rising Treasury yields and oil prices have intensified a broad technology and semiconductor selloff, pressuring richly valued growth stocks despite favorable AI-demand indicators. Why AMD Stock Is Down Today
• Negative Sentiment: ARK Invest reduced its AMD position. Cathie Wood’s firm sold approximately 22,500 AMD shares valued at nearly $14 million. While the sale may reflect portfolio rebalancing, it adds to near-term selling pressure and reinforces concerns about profit-taking after the stock’s substantial advance. Cathie Wood Sold AMD Shares

Advanced Micro Devices Stock Down 1.8%

Shares of NASDAQ:AMD traded down $11.32 during midday trading on Friday, reaching $609.36. The company’s stock had a trading volume of 7,931,828 shares, compared to its average volume of 32,474,164. The firm has a 50 day moving average of $526.31 and a 200-day moving average of $458.39. Advanced Micro Devices, Inc. has a 12-month low of $188.22 and a 12-month high of $658.52. The firm has a market capitalization of $994.77 billion, a P/E ratio of 156.88, a PEG ratio of 6.69 and a beta of 2.45. 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 (NASDAQ:AMD) last announced its quarterly earnings data on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 the consensus estimate of $11.31 billion. During the same period in the previous year, the company posted $0.48 EPS. The firm’s revenue was up 50.1% on a year-over-year basis. On average, research analysts anticipate that Advanced Micro Devices, Inc. will post 6.43 earnings per share for the current year.

Insider Activity

In related news, EVP Jean X. Hu sold 15,000 shares of Advanced Micro Devices stock in a transaction dated 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 completion of the sale, the executive vice president 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 filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Ava Hahn sold 2,993 shares of the stock in a transaction on Tuesday, August 18th. The stock was sold at an average price of $488.69, for a total value of $1,462,649.17. Following the transaction, the senior vice president directly owned 26,623 shares in the company, valued at $13,010,393.87. The trade was a 10.11% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 213,838 shares of company stock worth $105,533,836. 0.50% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on the stock. KeyCorp set a $650.00 price objective on shares of Advanced Micro Devices in a report on Wednesday, August 5th. Wolfe Research set a $450.00 price target on shares of Advanced Micro Devices and gave the stock an “outperform” rating in a report on Monday, June 15th. Wall Street Zen upgraded shares of Advanced Micro Devices from a “hold” rating to a “buy” rating in a research note on Sunday, October 4th. Zacks Research cut Advanced Micro Devices from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, September 1st. Finally, Mizuho boosted their target price on shares of Advanced Micro Devices from $580.00 to $705.00 and gave the company an “outperform” rating in a report on Tuesday. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $585.26.

Advanced Micro Devices 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.