1,917 Advanced Micro Devices, Inc. $AMD Shares Sold by Sigma Planning Corp

Key Points

• Sigma Planning Corp. reduced its AMD stake by 5%, selling 1,917 shares and retaining 36,586 shares valued at approximately $22.0 million. Institutional investors and hedge funds collectively own 71.34% of AMD.
• Analyst sentiment remains broadly positive: AMD has a “Moderate Buy” consensus rating and an average price target of $606.76, with Mizuho and Stifel Nicolaus recently raising their targets to $705 and $700, respectively.
• AMD reported quarterly EPS of $1.66 and revenue of $11.54 billion, including 50.1% year-over-year revenue growth. However, its elevated valuation, competitive threats and dependence on continued AI demand create meaningful downside and execution risks.

Sigma Planning Corp cut its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 5.0% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 36,586 shares of the semiconductor manufacturer's stock after selling 1,917 shares during the quarter. Advanced Micro Devices comprises about 0.6% of Sigma Planning Corp's investment portfolio, making the stock its 24th largest position. Sigma Planning Corp's holdings in Advanced Micro Devices were worth $22,038,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in AMD. Straight Path Wealth Management lifted its position in shares of Advanced Micro Devices by 25.3% during the 3rd quarter. Straight Path Wealth Management now owns 501 shares of the semiconductor manufacturer's stock valued at $306,000 after acquiring an additional 101 shares during the period. Revolve Wealth Partners LLC boosted its stake in shares of Advanced Micro Devices by 5.9% during the 3rd quarter. Revolve Wealth Partners LLC now owns 8,674 shares of the semiconductor manufacturer's stock worth $5,306,000 after acquiring an additional 481 shares in the last quarter. Provident Investment Management Inc. boosted its stake in shares of Advanced Micro Devices by 43.5% during the 3rd quarter. Provident Investment Management Inc. now owns 989 shares of the semiconductor manufacturer's stock worth $605,000 after acquiring an additional 300 shares in the last quarter. Compass Ion Advisors LLC grew its holdings in shares of Advanced Micro Devices by 2.7% in the 3rd quarter. Compass Ion Advisors LLC now owns 805 shares of the semiconductor manufacturer's stock worth $492,000 after acquiring an additional 21 shares during the period. Finally, Radnor Capital Management LLC grew its holdings in shares of Advanced Micro Devices by 22.5% in the 3rd quarter. Radnor Capital Management LLC now owns 2,286 shares of the semiconductor manufacturer's stock worth $1,398,000 after acquiring an additional 420 shares during the period. 71.34% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

AMD has been the subject of several research reports. Mizuho lifted their price objective on Advanced Micro Devices from $580.00 to $705.00 and gave the stock an "outperform" rating in a report on Tuesday, October 6th. Stifel Nicolaus upped their target price on Advanced Micro Devices from $635.00 to $700.00 and gave the company a "buy" rating in a report on Monday, October 5th. Zacks Research lowered Advanced Micro Devices from a "strong-buy" rating to a "hold" rating in a report on Tuesday, September 1st. Piper Sandler started coverage on Advanced Micro Devices in a research report on Tuesday, September 15th. They issued an "overweight" rating and a $600.00 price target for the company. Finally, Truist Financial lifted their price target on Advanced Micro Devices from $478.00 to $594.00 and gave the stock a "buy" rating in a research note on Wednesday, August 5th. Three investment 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 issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $606.76.

Advanced Micro Devices Stock Performance

Shares of AMD opened at $516.79 on Monday. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.61 and a quick ratio of 1.91. 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 cap of $843.64 billion, a price-to-earnings ratio of 132.85, a price-to-earnings-growth ratio of 5.30 and a beta of 2.45. The firm has a 50 day simple moving average of $541.54 and a 200-day simple moving average of $485.30.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last posted its earnings results on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 earnings per share (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 analyst estimates 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 was up 50.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.48 EPS. Equities analysts forecast that Advanced Micro Devices, Inc. will post 6.50 EPS for the current fiscal year.

Advanced Micro Devices News Roundup

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

• Positive Sentiment: Analyst support is helping sentiment. AMD received an analyst upgrade, while Erste Group raised its FY2027 earnings estimate to $15.05 per share from $14.80. The company’s long-term earnings outlook is being supported by expectations for continued AI accelerator demand. AMD Stock Jumps Following Analyst Upgrade
• Positive Sentiment: AI growth remains the core bullish argument. Articles point to AMD’s hyperscaler contracts, data-center expansion and expected product cycles as potential drivers of substantial future revenue growth. AMD recently reported 50.1% year-over-year revenue growth, and analysts continue to debate whether its AI opportunity is being underestimated. AMD’s Potential May Be Underestimated
• Neutral Sentiment: Today’s strength follows a broad technology rebound. AMD and Intel recovered after a sharp semiconductor sell-off, while AMD also contributed to gains in the Invesco QQQ Trust. This suggests some of the buying reflects sector rotation and short-term dip buying rather than a change in AMD’s fundamentals. Why AMD and Intel Stocks Are Gaining
• Negative Sentiment: Valuation and execution risks remain significant. AMD has already risen sharply this year, and its high earnings multiple leaves little room for disappointment. Investors are focused on whether upcoming earnings and new AI products can validate the expectations embedded in the stock. AMD Stock Price Prediction
• Negative Sentiment: Competitive and macroeconomic pressures could limit upside. Nvidia is expanding into CPU systems traditionally dominated by AMD and Intel, while higher oil prices, interest rates and questions about AI infrastructure spending are weighing on the broader semiconductor trade. Nvidia Enters the CPU Market

Insider Activity at Advanced Micro Devices

In other news, 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 completion of the transaction, the executive vice president directly owned 1,261,461 shares of the company's stock, valued at $595,245,602.07. The trade was a 2.23% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Forrest Norrod sold 17,262 shares of the company's stock in a transaction on Thursday, October 15th. The shares were sold at an average price of $540.70, for a total value of $9,333,563.40. Following the completion of the sale, the executive vice president owned 353,317 shares in the company, valued at $191,038,501.90. This represents a 4.66% decrease in their ownership of the stock. 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 in the last ninety days. 0.50% of the stock is owned by insiders.

Advanced Micro Devices 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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