17,393 Advanced Micro Devices, Inc. $AMD Shares Purchased by Peterson Wealth Services

Key Points

• Peterson Wealth Services increased its AMD position by 440.2% in the third quarter, purchasing 17,393 additional shares and bringing its holdings to 21,344 shares valued at approximately $13.1 million. Institutional investors collectively own 71.34% of AMD.
• AMD reported quarterly revenue of $11.54 billion and earnings of $1.66 per share, exceeding analyst expectations, while revenue grew 50.1% year over year. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $606.76.
• Despite strong AI-related demand and optimism around server CPUs, valuation and competitive risks remain significant; AMD traded at a P/E ratio of 136.58, and insiders have sold approximately $114.9 million of stock over the past three months.

Peterson Wealth Services lifted its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 440.2% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 21,344 shares of the semiconductor manufacturer's stock after purchasing an additional 17,393 shares during the period. Advanced Micro Devices accounts for approximately 2.8% of Peterson Wealth Services' portfolio, making the stock its 12th largest position. Peterson Wealth Services' holdings in Advanced Micro Devices were worth $13,057,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. MJT & Associates Financial Advisory Group Inc. purchased a new stake in Advanced Micro Devices in the 3rd quarter worth approximately $29,000. JNBA Financial Advisors grew its position in shares of Advanced Micro Devices by 142.9% in the 2nd quarter. JNBA Financial Advisors now owns 51 shares of the semiconductor manufacturer's stock worth $30,000 after buying an additional 30 shares during the last quarter. Downshift Financial LLC increased its stake in shares of Advanced Micro Devices by 850.0% during the third quarter. Downshift Financial LLC now owns 57 shares of the semiconductor manufacturer's stock valued at $35,000 after buying an additional 51 shares during the period. Sawyer & Company Inc purchased a new position in shares of Advanced Micro Devices during the third quarter valued at approximately $37,000. Finally, Bullseye Investment Management LLC purchased a new position in shares of Advanced Micro Devices during the second quarter valued at approximately $44,000. 71.34% of the stock is currently owned by hedge funds and other institutional investors.

Advanced Micro Devices Stock Performance

Shares of Advanced Micro Devices stock opened at $531.28 on Tuesday. The company has a current ratio of 2.61, a quick ratio of 1.91 and a debt-to-equity ratio of 0.03. The firm has a market capitalization of $867.30 billion, a P/E ratio of 136.58, a P/E/G ratio of 5.30 and a beta of 2.45. The business has a fifty day simple moving average of $542.28 and a two-hundred day simple moving average of $400.69. Advanced Micro Devices, Inc. has a 12 month low of $188.22 and a 12 month high of $658.52.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last announced its earnings results 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 firm had revenue of $11.54 billion for the quarter, compared to analysts' expectations of $11.31 billion. Advanced Micro Devices had a net margin of 15.58% and a return on equity of 12.30%. The company's quarterly revenue was up 50.1% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.48 EPS. On average, equities analysts forecast that Advanced Micro Devices, Inc. will post 6.50 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on AMD shares. JPMorgan Chase & Co. upped their target price on Advanced Micro Devices from $385.00 to $550.00 and gave the company a "neutral" rating in a report on Wednesday, August 5th. Wells Fargo & Company lifted their price target on shares of Advanced Micro Devices from $615.00 to $700.00 and gave the company an "overweight" rating in a report on Wednesday, August 5th. BMO Capital Markets initiated coverage on shares of Advanced Micro Devices in a research report on Thursday, August 20th. They set an "outperform" rating and a $550.00 price objective on the stock. Cantor Fitzgerald restated an "overweight" rating on shares of Advanced Micro Devices in a report on Monday, October 5th. Finally, Bank of America upped their price objective on shares of Advanced Micro Devices from $620.00 to $720.00 and gave the stock a "buy" rating in a report on Friday, September 25th. Three research analysts have rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average price target of $606.76.

Key Headlines Impacting Advanced Micro Devices

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

• Positive Sentiment: Meta’s AI financing plan supports demand visibility. Meta plans up to $95 billion in stock-related financing for AI infrastructure, with AMD, Nvidia and Broadcom reportedly considering up to $5 billion in combined purchases of Meta shares. The plan signals continued, large-scale spending by a major AMD customer and AI ecosystem partner. Meta equity offerings article
• Positive Sentiment: Analysts see server CPU growth as a key earnings catalyst. Wedbush identified rising AI-computing demand as a potential driver for AMD’s EPYC server CPU business ahead of the company’s November 3 earnings release. Investors are also focused on whether AMD’s Helios rack-scale AI strategy can expand its opportunity beyond GPUs into CPUs and inference workloads. Wedbush server CPU demand article
• Positive Sentiment: Semiconductor-sector momentum provided additional support. AMD participated in a broader rally following AI-related announcements from Meta and Anthropic, while strong moves in other chip stocks reinforced optimism around AI infrastructure spending. Chip stocks rally article
• Neutral Sentiment: Trading data showed no reported short interest. The October 26 report listed AMD short interest at zero shares and a zero-day short ratio. That could indicate limited short-selling pressure, although the figure may reflect a reporting or data issue rather than a meaningful change in investor positioning.
• Negative Sentiment: Valuation and competitive risks remain significant. Commentary noted that AMD has rallied sharply this year, while Nvidia continues to lead in margins and data-center scale. With AMD trading at a high valuation, investors may demand strong execution and upbeat guidance; competition from Nvidia, Broadcom, Marvell and newer AI-chip companies could limit further gains. AMD and Nvidia valuation article

Insider Buying and Selling at Advanced Micro Devices

In other Advanced Micro Devices news, EVP Forrest Norrod sold 17,262 shares of the firm's stock in a transaction that occurred on Thursday, October 15th. The shares were sold at an average price of $540.70, for a total transaction of $9,333,563.40. Following the completion of the transaction, the executive vice president owned 353,317 shares of the company's stock, 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 document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Ava Hahn sold 2,993 shares of the firm's stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $488.69, for a total transaction of $1,462,649.17. Following the transaction, the senior vice president directly owned 26,623 shares of the company's stock, valued at $13,010,393.87. This represents 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. Insiders have sold a total of 231,100 shares of company stock valued at $114,867,400 over the last three months. 0.50% of the stock is currently owned by corporate insiders.

Advanced Micro Devices Company Profile

Advanced Micro Devices, Inc NASDAQ: AMD is a global semiconductor company that designs high-performance computing, graphics and adaptive computing products. Its offerings serve data centers, personal computers, gaming systems, embedded markets and other specialized applications.

AMD's product portfolio includes Ryzen processors for desktop and notebook computers, EPYC server processors, Radeon graphics processing units, and Instinct accelerators for artificial intelligence and high-performance computing.

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