3,612 Advanced Micro Devices, Inc. $AMD Shares Acquired by Ninety One UK Ltd

Key Points

• Ninety One UK Ltd increased its AMD position by 834.2% in the third quarter, purchasing 3,612 additional shares and ending the period with 4,045 shares valued at approximately $2.48 million. Institutional investors and hedge funds collectively own 71.34% of AMD.
• AMD insiders sold substantial shares, including executives Forrest Norrod and Jean Hu selling a combined 32,261 shares under pre-arranged Rule 10b5-1 plans. Insiders sold 213,838 shares worth about $105.5 million over the past 90 days.
• AMD reported stronger-than-expected quarterly results, with $1.66 in EPS and $11.54 billion in revenue, up 50.1% year over year. Analysts maintain a “Moderate Buy” consensus and an average price target of $603.51, though the stock’s high valuation and broader concerns about AI spending present risks.

Ninety One UK Ltd increased its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 834.2% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 4,045 shares of the semiconductor manufacturer's stock after buying an additional 3,612 shares during the period. Ninety One UK Ltd's holdings in Advanced Micro Devices were worth $2,475,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of AMD. First Citizens Financial Corp lifted its position in Advanced Micro Devices by 3.4% during the 3rd quarter. First Citizens Financial Corp now owns 490 shares of the semiconductor manufacturer's stock worth $300,000 after acquiring an additional 16 shares during the last quarter. Fearless Solutions LLC dba Best Invest boosted its holdings in Advanced Micro Devices by 1.5% during the third quarter. Fearless Solutions LLC dba Best Invest now owns 1,174 shares of the semiconductor manufacturer's stock valued at $718,000 after acquiring an additional 17 shares during the period. Private Client Services LLC boosted its holdings in Advanced Micro Devices by 1.7% during the third quarter. Private Client Services LLC now owns 1,079 shares of the semiconductor manufacturer's stock valued at $660,000 after acquiring an additional 18 shares during the period. Box Hill Private Wealth LLC grew its position in shares of Advanced Micro Devices by 2.5% in the third quarter. Box Hill Private Wealth LLC now owns 794 shares of the semiconductor manufacturer's stock valued at $486,000 after purchasing an additional 19 shares during the last quarter. Finally, Bullock Wealth Management Group grew its position in shares of Advanced Micro Devices by 0.6% in the third quarter. Bullock Wealth Management Group now owns 3,321 shares of the semiconductor manufacturer's stock valued at $2,045,000 after purchasing an additional 20 shares during the last quarter. 71.34% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Advanced Micro Devices

In other news, EVP Forrest Norrod sold 17,261 shares of the business's stock in a transaction dated Tuesday, September 15th. The shares were sold at an average price of $503.05, for a total transaction of $8,683,146.05. Following the transaction, the executive vice president owned 363,317 shares in the company, valued at approximately $182,766,616.85. The trade was a 4.54% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Jean X. Hu sold 15,000 shares of the company's stock in a transaction dated Tuesday, August 25th. The shares were sold at an average price of $474.08, for a total transaction of $7,111,200.00. Following the transaction, the executive vice president directly owned 160,979 shares of the company's stock, valued at $76,316,924.32. This represents a 8.52% 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. In the last 90 days, insiders have sold 213,838 shares of company stock worth $105,533,836. Insiders own 0.50% of the company's stock.

Advanced Micro Devices Price Performance

NASDAQ:AMD opened at $562.23 on Friday. The stock has a market cap of $917.82 billion, a P/E ratio of 144.53, a PEG ratio of 5.90 and a beta of 2.45. Advanced Micro Devices, Inc. has a one year low of $188.22 and a one year high of $658.52. The company has a fifty day moving average price of $536.11 and a 200 day moving average price of $471.82. 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 (NASDAQ:AMD - Get Free Report) last issued its quarterly earnings results on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 earnings per share for the quarter, beating analysts' consensus estimates of $1.62 by $0.04. The firm had revenue of $11.54 billion during the quarter, compared to the consensus estimate of $11.31 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 50.1% on a year-over-year basis. During the same period in the prior year, the firm earned $0.48 EPS. Analysts anticipate that Advanced Micro Devices, Inc. will post 6.45 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of research firms have recently commented on AMD. Weiss Ratings upgraded Advanced Micro Devices from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Thursday, October 8th. 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 report on Tuesday, October 6th. KeyCorp set a $650.00 target price on Advanced Micro Devices in a research note on Wednesday, August 5th. Roth Capital increased their target price on Advanced Micro Devices from $500.00 to $650.00 and gave the company a "buy" rating in a research note on Friday, July 24th. Finally, Stifel Nicolaus raised 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. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average price target of $603.51.

More Advanced Micro Devices News

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

• Positive Sentiment: AMD’s long-term AI opportunity remains a key bullish argument. Analysts point to strong demand for data-center processors and accelerators, improving AI-inference software, and the potential for agentic AI to drive substantial future compute demand. AMD’s Helion rack-scale architecture, developed with an open and modular approach, could broaden its role in AI infrastructure. What Does Advanced Micro Devices AMD Helion Mean For Its AI Ambitions?
• Positive Sentiment: A credit-support agreement connected to Fermi Inc.’s 222-megawatt Texas power lease for Project Matador may help advance AI data-center capacity and could support AMD’s ecosystem and infrastructure ambitions, although related liquidity and lease risks remain. AMD’s Support Could Help Fermi Stock Overcome Its Biggest Hurdle
• Neutral Sentiment: TSMC reported record profits and described AI-chip demand as extremely robust, supporting the underlying demand backdrop for AMD. However, TSMC’s shares also weakened, showing that strong operating results are not currently overcoming broader risk aversion in chip stocks. TSMC Posts Record Profit Amid Extremely Robust Demand for AI Chips
• Negative Sentiment: Rising Treasury yields are increasing the discount rate applied to AMD’s future earnings and raising borrowing costs for AI customers. Fears that hyperscalers and other infrastructure buyers may struggle to finance planned projects have triggered a broad semiconductor sell-off. Rate Pressure vs. AI Demand
• Negative Sentiment: AMD’s sharp year-to-date advance and premium valuation have increased profit-taking risk. Reports also highlight extensive insider selling, with no reported open-market purchases in the cited six-month period, potentially reinforcing investor concerns about valuation and expectations. AMD Stock Surges 183% YTD: Time to Hold or Exit?
• Negative Sentiment: Concerns about an AI-spending reset intensified after weakness in AI-financing markets, including a sell-off in CoreWeave bonds. Investors are questioning whether AI demand, competitive pressure and infrastructure spending can justify current chip valuations. AMD Stock Takes a Bigger Hit as Cracks Emerge in the AI Trade

About Advanced Micro Devices

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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