1,511 Advanced Micro Devices, Inc. $AMD Shares Sold by Tamar Securities LLC

Key Points

• Tamar Securities cut its AMD stake by 54.2% in the third quarter, selling 1,511 shares and retaining 1,279 shares, according to its SEC filing.
• AMD reported quarterly revenue of $13.38 billion, up 44.7% year over year, and EPS of $2.09, beating analyst estimates; data-center demand helped drive results.
• Management signaled faster growth ahead, while analysts remain divided over AMD’s prospects: many maintain Buy ratings, but some warn its premium valuation and competition could leave shares vulnerable.

Tamar Securities LLC cut its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 54.2% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,279 shares of the semiconductor manufacturer's stock after selling 1,511 shares during the period. Tamar Securities LLC's holdings in Advanced Micro Devices were worth $782,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Destiny Capital Corp CO acquired a new position in Advanced Micro Devices in the 3rd quarter worth about $251,000. Plancorp LLC grew its holdings in Advanced Micro Devices by 2.1% in the third quarter. Plancorp LLC now owns 3,707 shares of the semiconductor manufacturer's stock valued at $2,268,000 after purchasing an additional 78 shares during the period. May Hill Capital LLC increased its position in shares of Advanced Micro Devices by 11.0% in the third quarter. May Hill Capital LLC now owns 2,732 shares of the semiconductor manufacturer's stock valued at $1,671,000 after buying an additional 271 shares in the last quarter. Waycross Partners LLC increased its position in shares of Advanced Micro Devices by 11.4% in the third quarter. Waycross Partners LLC now owns 60,564 shares of the semiconductor manufacturer's stock valued at $37,051,000 after buying an additional 6,176 shares in the last quarter. Finally, Phoenix Wealth Advisors acquired a new position in shares of Advanced Micro Devices during the 3rd quarter worth approximately $201,000. 71.34% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Advanced Micro Devices

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

• Positive Sentiment: AMD reported record quarterly revenue of $13.38 billion, up 44.7% year over year, and earnings per share of $2.09, beating analyst estimates. Data-center revenue nearly doubled, helped by demand for AI chips. Stock Market Today, Nov. 6: AMD Surges on Record Quarterly Revenue and Stronger Growth Outlook
• Positive Sentiment: Management signaled faster growth ahead, forecasting revenue to rise more than 80% in 2027 and describing AMD’s AI business as poised for further expansion. CEO Lisa Su said the company has good visibility into data-center capacity needs through 2027. Lisa Su Sees AMD’s AI Data Center Business More Than Doubling in 2027
• Positive Sentiment: AMD’s rebound also came as investors bought semiconductor shares after Thursday’s sector-wide rout, suggesting some buyers viewed the selloff as an opportunity. Su pushed back on concerns about AI spending, calling the market’s reaction short-sighted. Chip Stocks Rebound, but Is the AI Selloff Over?
• Negative Sentiment: Some analysts warn that AMD’s premium valuation leaves the stock vulnerable if growth expectations or broader enthusiasm for AI weaken. A recent downgrade cited competition from Nvidia and Arm, as well as potential multiple compression. AMD: This Selloff Isn’t Enough
• Negative Sentiment: Despite the rebound, investors remain concerned about AI-chip valuations, heavy data-center spending, possible regulation and the durability of customer returns. These sector pressures could keep AMD shares volatile. AI Stocks Hit by Midterm Shock and Data-Center Spending Concerns

Advanced Micro Devices Price Performance

AMD traded up $44.64 on Friday, reaching $449.04. 45,659,370 shares of the company's stock were exchanged, compared to its average volume of 21,429,916. Advanced Micro Devices, Inc. has a twelve month low of $188.22 and a twelve month high of $658.52. The stock has a market cap of $733.04 billion, a PE ratio of 97.62, a P/E/G ratio of 4.79 and a beta of 2.49. 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's fifty day moving average price is $546.81 and its 200-day moving average price is $414.98.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last released its earnings results on Tuesday, November 3rd. The semiconductor manufacturer reported $2.09 earnings per share for the quarter, topping analysts' consensus estimates of $1.95 by $0.14. The business had revenue of $13.38 billion for the quarter, compared to analyst estimates of $13.10 billion. Advanced Micro Devices had a net margin of 15.58% and a return on equity of 12.30%. The business's revenue was up 44.7% on a year-over-year basis. During the same period last year, the company posted $1.20 EPS. Sell-side analysts expect that Advanced Micro Devices, Inc. will post 6.57 EPS for the current year.

Analysts Set New Price Targets

Several research firms have issued reports on AMD. The Goldman Sachs Group reaffirmed a "buy" rating and set a $675.00 price objective on shares of Advanced Micro Devices in a report on Wednesday. Sanford C. Bernstein restated an "outperform" rating on shares of Advanced Micro Devices in a research report on Wednesday. Raymond James Financial reaffirmed a "strong-buy" rating and issued a $649.00 price target on shares of Advanced Micro Devices in a research note on Wednesday. Wall Street Zen cut Advanced Micro Devices from a "buy" rating to a "hold" rating in a report on Saturday, October 31st. Finally, Citigroup boosted their price objective on Advanced Micro Devices from $575.00 to $800.00 and gave the stock a "buy" rating in a research note on Tuesday, October 6th. Three analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $643.69.

Insider Transactions at Advanced Micro Devices

In related news, EVP Forrest Norrod sold 17,262 shares of Advanced Micro Devices stock in a transaction that occurred on Thursday, October 15th. The stock was sold at an average price of $540.70, for a total transaction of $9,333,563.40. Following the transaction, the executive vice president owned 353,317 shares in the company, valued at approximately $191,038,501.90. This trade represents a 4.66% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Mark Papermaster sold 28,811 shares of the business's 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 transaction, the executive vice president directly owned 1,261,461 shares in the company, valued at $595,245,602.07. This trade represents a 2.23% 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. In the last 90 days, insiders have sold 231,100 shares of company stock valued at $114,867,400. 0.50% of the stock is currently owned by company insiders.

Advanced Micro Devices Company Profile

Advanced Micro Devices, Inc (AMD) is a semiconductor company that designs processors, graphics products and adaptive computing solutions. Its products serve data center, personal computing, gaming, embedded and other markets. AMD is a fabless chip designer, relying on third-party manufacturing partners to produce its semiconductors.

The company's product portfolio includes EPYC server processors, Ryzen desktop and laptop processors, Radeon graphics products, Instinct accelerators for data center computing, and adaptive chips and systems used in embedded applications.

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