1,066 Advanced Micro Devices, Inc. $AMD Shares Acquired by Journey Retirement Planning & Investment Management LLC

Key Points

• Journey Retirement Planning & Investment Management LLC increased its AMD stake by 131.8% in the third quarter, acquiring 1,066 additional shares and bringing its holdings to 1,875 shares valued at $1.147 million. Institutional investors collectively own 71.34% of AMD.
• AMD insiders sold 213,838 shares worth approximately $105.5 million over the past 90 days, including significant sales by executives Mark Papermaster and Forrest Norrod under pre-arranged trading plans.
• AMD reported quarterly revenue of $11.54 billion and adjusted EPS of $1.66, both ahead of analyst expectations, while shares traded near $610.48. Analysts maintain a “Moderate Buy” consensus with an average price target of $585.26, though the stock’s high valuation remains a key concern.

Journey Retirement Planning & Investment Management LLC increased its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 131.8% during the third quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,875 shares of the semiconductor manufacturer's stock after buying an additional 1,066 shares during the quarter. Advanced Micro Devices comprises about 0.8% of Journey Retirement Planning & Investment Management LLC's portfolio, making the stock its 27th biggest position. Journey Retirement Planning & Investment Management LLC's holdings in Advanced Micro Devices were worth $1,147,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the company. Southpoint Capital Advisors LP grew its position in shares of Advanced Micro Devices by 50.0% during the 1st quarter. Southpoint Capital Advisors LP now owns 900,000 shares of the semiconductor manufacturer's stock valued at $183,087,000 after acquiring an additional 300,000 shares during the period. Boomfish Wealth Group LLC purchased a new position in Advanced Micro Devices in the first quarter valued at approximately $1,193,000. Dimensional Fund Advisors LP lifted its stake in Advanced Micro Devices by 6.0% in the first quarter. Dimensional Fund Advisors LP now owns 5,142,516 shares of the semiconductor manufacturer's stock valued at $1,045,954,000 after purchasing an additional 291,165 shares during the last quarter. Lord Abbett & CO. LLC bought a new position in Advanced Micro Devices during the fourth quarter valued at $100,834,000. Finally, Ferguson Wellman Capital Management Inc. increased its position in Advanced Micro Devices by 6,968.7% in the third quarter. Ferguson Wellman Capital Management Inc. now owns 140,313 shares of the semiconductor manufacturer's stock worth $85,995,000 after buying an additional 138,328 shares during the last quarter. Institutional investors own 71.34% of the company's stock.

Insider Transactions at Advanced Micro Devices

In related news, EVP Mark D. Papermaster sold 28,811 shares of the stock in a transaction on Thursday, August 20th. The stock was sold at an average price of $471.87, for a total value of $13,595,046.57. Following the sale, 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 ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Forrest Norrod sold 17,261 shares of Advanced Micro Devices 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 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 disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 213,838 shares of company stock worth $105,533,836. 0.50% of the stock is owned by corporate insiders.

Advanced Micro Devices Price Performance

Shares of AMD traded down $10.21 during midday trading on Friday, hitting $610.48. 8,221,619 shares of the company traded hands, compared to its average volume of 32,475,322. Advanced Micro Devices, Inc. has a one year low of $188.22 and a one year high of $658.52. The firm has a market cap of $996.59 billion, a P/E ratio of 156.88, a PEG ratio of 6.69 and a beta of 2.45. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.61 and a quick ratio of 1.91. The stock has a 50-day moving average of $526.31 and a 200-day moving average of $458.39.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last released its quarterly earnings data on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 EPS for the quarter, beating analysts' consensus estimates of $1.62 by $0.04. The company had revenue of $11.54 billion during the quarter, compared to analyst estimates of $11.31 billion. Advanced Micro Devices had a net margin of 15.58% and a return on equity of 12.30%. Advanced Micro Devices's revenue was up 50.1% compared to the same quarter last year. During the same period last year, the business earned $0.48 earnings per share. As a group, sell-side analysts predict that Advanced Micro Devices, Inc. will post 6.43 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

AMD has been the subject of several research reports. Wolfe Research set a $450.00 price target on Advanced Micro Devices and gave the stock an "outperform" rating in a research note on Monday, June 15th. Benchmark upped their price objective on shares of Advanced Micro Devices from $485.00 to $685.00 and gave the company a "buy" rating in a report on Wednesday, July 22nd. Wells Fargo & Company increased their target price on shares of Advanced Micro Devices from $615.00 to $700.00 and gave the stock an "overweight" rating in a research report on Wednesday, August 5th. Wedbush reiterated an "outperform" rating and issued a $600.00 target price on shares of Advanced Micro Devices in a research note on Wednesday, August 5th. Finally, BMO Capital Markets began coverage on shares of Advanced Micro Devices in a research report on Thursday, August 20th. They issued an "outperform" rating and a $550.00 price target on the stock. Three 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 issued a Sell rating to the company's stock. According to MarketBeat.com, Advanced Micro Devices currently has an average rating of "Moderate Buy" and a consensus price target of $585.26.

Key Advanced Micro Devices News

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

• Positive Sentiment: Industry data remains supportive: TSMC reported record quarterly revenue, up 50% year over year, signaling continued demand for AI processors from customers including AMD. Samsung also posted record profits driven by AI-memory demand. TSMC AI demand article
• Positive Sentiment: CEO Lisa Su reportedly met with Samsung and SK Hynix executives to strengthen AI-chip supply relationships. A potential Samsung foundry and memory arrangement could help AMD address constrained supply as data-center demand expands. AMD Samsung partnership article
• Positive Sentiment: Some analysts see additional upside from AMD’s expanding CPU, Instinct GPU and inference-chip businesses. Citi recently raised its target, while BNP Paribas highlighted an opportunity for further growth across AI infrastructure. AMD growth opportunity article
• Neutral Sentiment: AMD is scheduled to report third-quarter results on November 3. The release is likely to be the next major catalyst as investors look for evidence that revenue growth, AI demand and margins can justify the stock’s premium valuation. AMD earnings date article
• Negative Sentiment: Valuation is the central concern. AMD has rallied roughly 200% in 2026 and reached a market capitalization near $1 trillion, leaving investors demanding strong execution and accelerating profits. Commentary warns that the stock may be priced for near-perfect results, while some forecasts suggest 2027 could be more difficult. AMD valuation article
• Negative Sentiment: A broader semiconductor sell-off is also weighing on AMD. Rising Treasury yields and oil prices have increased concerns about inflation and interest rates, pressuring high-growth AI stocks whose valuations depend heavily on future earnings. Semiconductor sell-off article
• Negative Sentiment: ARK Invest reportedly sold approximately $14 million of AMD shares, adding a modest sentiment headwind after the stock’s steep advance. ARK Invest AMD sale article

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.

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