Signal Advisors Wealth LLC trimmed its stake in Advanced Micro Devices, Inc. (NASDAQ:AMD – Free Report) by 12.4% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 30,746 shares of the semiconductor manufacturer’s stock after selling 4,348 shares during the period. Advanced Micro Devices accounts for about 0.8% of Signal Advisors Wealth LLC’s investment portfolio, making the stock its 26th largest position. Signal Advisors Wealth LLC’s holdings in Advanced Micro Devices were worth $18,809,000 as of its most recent filing with the SEC.
Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. First Citizens Financial Corp grew its holdings in Advanced Micro Devices by 3.4% during the third quarter. First Citizens Financial Corp now owns 490 shares of the semiconductor manufacturer’s stock valued at $300,000 after purchasing an additional 16 shares during the last quarter. Private Client Services LLC raised its position in shares of Advanced Micro Devices by 1.7% in the third quarter. Private Client Services LLC now owns 1,079 shares of the semiconductor manufacturer’s stock valued at $660,000 after purchasing an additional 18 shares during the period. Box Hill Private Wealth LLC raised its position in shares of Advanced Micro Devices by 2.5% in the third quarter. Box Hill Private Wealth LLC now owns 794 shares of the semiconductor manufacturer’s stock valued at $486,000 after purchasing an additional 19 shares during the period. Bullock Wealth Management Group lifted its stake in shares of Advanced Micro Devices by 0.6% in the third quarter. Bullock Wealth Management Group now owns 3,321 shares of the semiconductor manufacturer’s stock worth $2,045,000 after buying an additional 20 shares during the last quarter. Finally, RHS Financial LLC lifted its stake in shares of Advanced Micro Devices by 1.6% in the third quarter. RHS Financial LLC now owns 1,243 shares of the semiconductor manufacturer’s stock worth $760,000 after buying an additional 20 shares during the last quarter. 71.34% of the stock is currently owned by institutional investors and hedge funds.
Advanced Micro Devices News Roundup
Here are the key news stories impacting Advanced Micro Devices this week:
- Positive Sentiment: Scaleway selected AMD for a new AI supercomputer in Sweden, providing evidence of customer adoption for AMD’s data-center GPUs and supporting its effort to compete with Nvidia in AI infrastructure. Scaleway to build AMD-powered AI supercomputer in Sweden
- Positive Sentiment: AMD’s Helion open rack blueprint combines EPYC CPUs and Instinct GPUs for agentic-AI workloads and is expected to be available in November. The platform could help AMD sell broader rack-scale systems rather than individual chips. AMD unveils Helion open rack blueprint for agentic AI
- Positive Sentiment: Fermi’s shares surged after announcing AMD financial support and a partnership, highlighting potential demand for AMD-powered computing in energy and AI infrastructure projects. Fermi partnership with AMD
- Neutral Sentiment: Market commentators remain constructive on semiconductor demand. Jim Cramer cited strong chip demand, while analysts highlighted AMD’s CPU growth potential; these views support the long-term outlook but do not immediately change earnings estimates. Jim Cramer on semiconductor stocks
- Negative Sentiment: AMD is being pulled lower by sector-wide profit-taking and risk concerns. Investors are worried that tighter financing could slow AI data-center expansion, while China’s growing semiconductor capabilities intensify competition. Why Intel and AMD stocks are falling
- Negative Sentiment: Valuation remains a key risk. After a substantial rally, AMD trades at a very high earnings multiple, leaving the stock vulnerable if AI revenue growth or customer spending falls short of expectations. Reports that a Trump-linked investment team sold AMD shares in August may also weigh on sentiment, although the sale is not a current company fundamental. Trump investment team AMD sale
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Advanced Micro Devices Stock Up 1.9%
Shares of AMD stock opened at $605.53 on Wednesday. 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 cap of $988.51 billion, a PE ratio of 155.66, a price-to-earnings-growth ratio of 6.15 and a beta of 2.45. The stock has a 50 day moving average of $532.88 and a 200-day moving average of $466.70. 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 – Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 earnings per share for the quarter, beating the consensus estimate of $1.62 by $0.04. The company had revenue of $11.54 billion during the quarter, compared to analysts’ expectations of $11.31 billion. Advanced Micro Devices had a return on equity of 12.30% and a net margin of 15.58%. Advanced Micro Devices’s revenue for the quarter was up 50.1% compared to the same quarter last year. During the same period in the prior year, the business earned $0.48 earnings per share. On average, equities analysts predict that Advanced Micro Devices, Inc. will post 6.45 EPS for the current year.
Insider Buying and Selling at Advanced Micro Devices
In other Advanced Micro Devices news, EVP Forrest Norrod sold 17,261 shares of the stock in a transaction on Tuesday, September 15th. The shares were sold at an average price of $503.05, for a total value of $8,683,146.05. Following the completion of the sale, the executive vice president directly owned 363,317 shares of the company’s stock, valued at $182,766,616.85. This represents a 4.54% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Lisa T. Su sold 70,000 shares of the firm’s stock in a transaction on Thursday, September 10th. The stock was sold at an average price of $506.80, for a total transaction of $35,476,000.00. Following the completion of the sale, the chief executive officer owned 3,032,156 shares in the company, valued at $1,536,696,660.80. This represents a 2.26% 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. Insiders have sold a total of 213,838 shares of company stock valued at $105,533,836 in the last three months. 0.50% of the stock is owned by insiders.
About Advanced Micro Devices
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.
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