1,791 Advanced Micro Devices, Inc. $AMD Shares Sold by Focused Alpha LLC

Key Points

• Focused Alpha LLC cut its AMD position by 65.3% in the third quarter, selling 1,791 shares and retaining 953 shares valued at approximately $583,000.
• Institutional ownership remains substantial at 71.34%, with several firms—including Dimensional Fund Advisors and Southpoint Capital Advisors—adding to their AMD holdings. Insiders sold $114.9 million worth of shares over the past three months, including sales under a 10b5-1 plan and for tax obligations.
• AMD reported revenue growth of 50.1% year over year and exceeded earnings expectations in its latest quarter. Analysts maintain a “Moderate Buy” consensus with an average price target of $603.51, though the stock’s elevated valuation and AI-growth expectations remain key risks.

Focused Alpha LLC trimmed its position in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 65.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 953 shares of the semiconductor manufacturer's stock after selling 1,791 shares during the quarter. Focused Alpha LLC's holdings in Advanced Micro Devices were worth $583,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in the company. Southpoint Capital Advisors LP boosted its holdings in Advanced Micro Devices by 50.0% during the first quarter. Southpoint Capital Advisors LP now owns 900,000 shares of the semiconductor manufacturer's stock valued at $183,087,000 after purchasing an additional 300,000 shares in the last quarter. Boomfish Wealth Group LLC bought a new stake in shares of Advanced Micro Devices in the 1st quarter valued at approximately $1,193,000. Dimensional Fund Advisors LP raised its holdings in shares of Advanced Micro Devices by 6.0% in the 1st quarter. Dimensional Fund Advisors LP now owns 5,142,516 shares of the semiconductor manufacturer's stock worth $1,045,954,000 after buying an additional 291,165 shares in the last quarter. Ferguson Wellman Capital Management Inc. raised its holdings in shares of Advanced Micro Devices by 6,968.7% in the 3rd 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 in the last quarter. Finally, Douglas Lane & Associates LLC raised its holdings in shares of Advanced Micro Devices by 2,748.0% in the 3rd quarter. Douglas Lane & Associates LLC now owns 85,952 shares of the semiconductor manufacturer's stock worth $52,582,000 after buying an additional 82,934 shares in the last quarter. 71.34% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Advanced Micro Devices news, EVP Paul Grasby sold 15,000 shares of the firm's stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $514.91, for a total value of $7,723,650.00. Following the transaction, the executive vice president directly owned 117,687 shares of the company's stock, valued at approximately $60,598,213.17. This trade represents a 11.30% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, 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 directly owned 353,317 shares in the company, valued at approximately $191,038,501.90. The trade was a 4.66% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders 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 owned by insiders.

Advanced Micro Devices Stock Performance

Shares of NASDAQ:AMD opened at $534.74 on Wednesday. The company has a current ratio of 2.61, a quick ratio of 1.91 and a debt-to-equity ratio of 0.03. Advanced Micro Devices, Inc. has a 1-year low of $188.22 and a 1-year high of $658.52. The stock has a market capitalization of $872.95 billion, a P/E ratio of 137.47, a P/E/G ratio of 5.52 and a beta of 2.45. The business has a 50-day moving average price of $539.60 and a two-hundred day moving average price of $478.81.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last issued its earnings results on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.62 by $0.04. Advanced Micro Devices had a net margin of 15.58% and a return on equity of 12.30%. The company had revenue of $11.54 billion for the quarter, compared to analyst estimates of $11.31 billion. During the same quarter last year, the firm earned $0.48 EPS. The company's revenue for the quarter was up 50.1% on a year-over-year basis. Equities analysts predict that Advanced Micro Devices, Inc. will post 6.50 earnings per share for the current year.

Wall Street Analyst Weigh In

Several analysts recently commented on AMD shares. Susquehanna boosted their price target on Advanced Micro Devices from $450.00 to $500.00 and gave the company a "positive" rating in a research note on Thursday, July 30th. UBS Group reiterated an "overweight" rating on shares of Advanced Micro Devices in a research note on Friday, July 24th. Rosenblatt Securities reiterated a "buy" rating and set a $700.00 price objective on shares of Advanced Micro Devices in a research note on Tuesday, September 29th. Benchmark lifted their price objective on Advanced Micro Devices from $485.00 to $685.00 and gave the company a "buy" rating in a report on Wednesday, July 22nd. Finally, Stifel Nicolaus boosted their target price on shares of Advanced Micro Devices from $635.00 to $700.00 and gave the company a "buy" rating in a research note on Monday, October 5th. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-one have given a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $603.51.

Key Advanced Micro Devices News

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

• Positive Sentiment: Analyst support remains firm: Wedbush reaffirmed its “Outperform” rating and set a $600 price target. Earlier, TD Cowen maintained a Buy rating with a $675 target, citing potential agentic-AI demand and roughly 70% growth in AMD’s CPU sales next year. Wedbush AMD rating
• Positive Sentiment: Growth expectations remain elevated: AMD is expected to report approximately $13 billion in third-quarter revenue, up about 41% year over year, ahead of its anticipated November 3 earnings report. The company has exceeded the high end of its guidance in each of the past two quarters. AMD earnings expectations
• Positive Sentiment: Sector rebound signals: Semiconductor stocks recovered from an early sell-off as AI jitters eased. Falling short interest in leveraged semiconductor funds and increased institutional buying suggest some investors view the recent weakness as a temporary pullback rather than a deterioration in chip demand. Chip stocks recover as AI jitters fade
• Neutral Sentiment: OpenAI fundraising highlights ongoing AI demand: OpenAI is reportedly seeking roughly $30 billion at a valuation above $1.4 trillion. However, the disclosed financing support centers on Nvidia, offering no direct new business commitment to AMD and underscoring intense competitive pressure in AI infrastructure. OpenAI fundraising and chip stocks
• Negative Sentiment: Valuation is a major overhang: After rising more than 155% this year, AMD trades at a very high earnings multiple, making the stock vulnerable to profit-taking and any disappointment in AI growth, margins or execution. Analysts have questioned whether the Helios ramp and future earnings can justify the valuation. AMD AI opportunity and valuation
• Negative Sentiment: AI bubble and financing concerns persist: Reports citing semiconductor declines, leveraged AI financing and uncertainty over data-center spending have revived fears that the AI buildout could slow or produce margin pressure. An executive’s $9.3 million Rule 10b5-1 stock sale adds a modest negative sentiment signal, although he retained a substantial position.

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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