4,108 Advanced Micro Devices, Inc. $AMD Shares Bought by Park Avenue Securities LLC

Key Points

• Park Avenue Securities increased its AMD stake by 6.7% in the third quarter, purchasing 4,108 additional shares and bringing its holdings to 65,831 shares valued at approximately $40.3 million. Institutional investors collectively own 71.34% of AMD.
• Analyst sentiment remains positive: AMD has a consensus “Moderate Buy” rating and an average price target of $606.76, supported by expectations for AI-driven server CPU and infrastructure growth.
• AMD reported quarterly revenue growth of 50.1% and earnings of $1.66 per share, exceeding estimates, but the stock’s high valuation and strong competition from Nvidia and other chipmakers remain key risks. Several executives also sold shares under pre-arranged trading plans.

Park Avenue Securities LLC grew its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 6.7% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 65,831 shares of the semiconductor manufacturer's stock after acquiring an additional 4,108 shares during the period. Park Avenue Securities LLC's holdings in Advanced Micro Devices were worth $40,273,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of AMD. First Citizens Financial Corp grew its holdings in Advanced Micro Devices by 3.4% during the third quarter. First Citizens Financial Corp now owns 490 shares of the semiconductor manufacturer's stock valued at $300,000 after purchasing an additional 16 shares during the period. Fearless Solutions LLC dba Best Invest increased its position in Advanced Micro Devices by 1.5% in the third quarter. Fearless Solutions LLC dba Best Invest now owns 1,174 shares of the semiconductor manufacturer's stock worth $718,000 after buying an additional 17 shares in the last quarter. Private Client Services LLC raised its stake in shares of Advanced Micro Devices by 1.7% in the third quarter. Private Client Services LLC now owns 1,079 shares of the semiconductor manufacturer's stock worth $660,000 after buying an additional 18 shares during the period. Box Hill Private Wealth LLC raised its stake 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 worth $486,000 after buying an additional 19 shares during the period. Finally, Trust Co of the South raised its stake in shares of Advanced Micro Devices by 1.1% in the third quarter. Trust Co of the South now owns 1,765 shares of the semiconductor manufacturer's stock worth $1,080,000 after buying an additional 19 shares during the period. 71.34% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the stock. Wedbush reissued an "outperform" rating and issued a $600.00 target price on shares of Advanced Micro Devices in a report on Tuesday, October 20th. The Goldman Sachs Group lifted their price target on shares of Advanced Micro Devices from $450.00 to $640.00 and gave the company a "buy" rating in a report on Monday, July 6th. William Blair reiterated a "market perform" rating on shares of Advanced Micro Devices in a research report on Friday, July 24th. Piper Sandler started coverage on shares of Advanced Micro Devices in a research note on Tuesday, September 15th. They issued an "overweight" rating and a $600.00 price objective for the company. Finally, Raymond James Financial raised shares of Advanced Micro Devices from an "outperform" rating to a "strong-buy" rating and increased their price objective for the stock from $565.00 to $641.00 in a research note on Tuesday, August 25th. Three analysts have rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and an average price target of $606.76.

Advanced Micro Devices Trading Up 2.8%

Shares of AMD opened at $531.28 on Tuesday. The firm has a market cap of $867.30 billion, a P/E ratio of 136.58, a price-to-earnings-growth ratio of 5.30 and a beta of 2.45. 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 company has a 50 day simple moving average of $542.28 and a two-hundred day simple moving average of $400.69.

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, topping the consensus estimate of $1.62 by $0.04. Advanced Micro Devices had a return on equity of 12.30% and a net margin of 15.58%. The firm had revenue of $11.54 billion for the quarter, compared to analysts' expectations of $11.31 billion. During the same period in the previous year, the firm posted $0.48 earnings per share. The business's revenue was up 50.1% compared to the same quarter last year. On average, equities analysts expect that Advanced Micro Devices, Inc. will post 6.50 earnings per share for the current fiscal year.

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 Transactions at Advanced Micro Devices

In other news, 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 sale, the executive vice president directly owned 160,979 shares in the company, valued at approximately $76,316,924.32. This represents a 8.52% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Mark Papermaster sold 28,811 shares of the stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $471.87, for a total transaction 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 approximately $595,245,602.07. The trade was a 2.23% 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. Over the last 90 days, insiders sold 231,100 shares of company stock worth $114,867,400. 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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