82,934 Advanced Micro Devices, Inc. $AMD Shares Bought by Douglas Lane & Associates LLC

Douglas Lane & Associates LLC grew its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 2,748.0% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 85,952 shares of the semiconductor manufacturer's stock after acquiring an additional 82,934 shares during the period. Douglas Lane & Associates LLC's holdings in Advanced Micro Devices were worth $52,582,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. MJT & Associates Financial Advisory Group Inc. bought a new stake in Advanced Micro Devices in the third quarter valued at $29,000. JNBA Financial Advisors lifted 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 purchasing an additional 30 shares during the period. Bullseye Investment Management LLC bought a new stake in shares of Advanced Micro Devices during the 2nd quarter valued at about $44,000. Luminist Capital LLC bought a new stake in shares of Advanced Micro Devices during the 2nd quarter valued at about $46,000. Finally, BOK Financial Private Wealth Inc. purchased a new position in shares of Advanced Micro Devices during the second quarter valued at about $53,000. Hedge funds and other institutional investors own 71.34% of the company's stock.

Wall Street Analysts Forecast Growth

Several analysts have commented on AMD shares. Zacks Research lowered shares of Advanced Micro Devices from a "strong-buy" rating to a "hold" rating in a report on Tuesday, September 1st. Citigroup increased their target price on Advanced Micro Devices from $575.00 to $800.00 and gave the stock a "buy" rating in a research report on Tuesday. The Goldman Sachs Group lifted their price target on Advanced Micro Devices from $450.00 to $640.00 and gave the company a "buy" rating in a research report on Monday, July 6th. TD Cowen reiterated a "buy" rating on shares of Advanced Micro Devices in a report on Wednesday, August 5th. Finally, Wolfe Research set a $450.00 price objective on Advanced Micro Devices and gave the company an "outperform" rating in a research report on Monday, June 15th. Three investment analysts have rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating, ten have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $585.26.

Advanced Micro Devices Stock Down 1.8%

Shares of AMD traded down $11.36 during trading hours on Friday, hitting $609.32. The company had a trading volume of 7,931,828 shares, compared to its average volume of 32,474,164. The stock has a market capitalization of $994.69 billion, a price-to-earnings ratio of 156.88, a P/E/G ratio of 6.69 and a beta of 2.45. The firm has a fifty day moving average price of $526.31 and a 200-day moving average price of $458.39. Advanced Micro Devices, Inc. has a 52-week low of $188.22 and a 52-week high of $658.52. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.91 and a current ratio of 2.61.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last announced its quarterly earnings data on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 EPS for the quarter, beating the consensus estimate of $1.62 by $0.04. The company had revenue of $11.54 billion for 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%. Advanced Micro Devices's revenue for the quarter was up 50.1% on a year-over-year basis. During the same period in the prior year, the firm posted $0.48 EPS. On average, equities research analysts forecast that Advanced Micro Devices, Inc. will post 6.43 EPS for the current fiscal year.

More Advanced Micro Devices News

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

• Positive Sentiment: AI infrastructure demand remains robust. Record results from TSMC and Samsung indicate that hyperscaler capital spending and demand for AI processors, memory and data-center equipment remain strong. This supports AMD’s Instinct GPU and server CPU businesses. Record Profits at Samsung and TSMC Say the AI Trade is Intact
• Positive Sentiment: AMD is expanding its supply-chain and infrastructure partnerships. CEO Lisa Su reportedly met with Samsung and SK Hynix executives to pursue foundry, memory and AI collaboration, potentially helping AMD secure constrained components. AMD is also part of an open Ethernet rack-scale initiative with Arista Networks, Broadcom, Meta and Microsoft. AMD Explores Foundry Partnership With a Korean Technology Company
• Positive Sentiment: Analysts see additional upside if execution improves. Recent commentary highlights potential gains from AMD’s CPUs, AI accelerators, inference products and rack-scale systems. One bullish thesis argues that future margin expansion could exceed current expectations, while Citi and BNP Paribas have pointed to further upside tied to AI deployments. AMD Margin Upside
• Neutral Sentiment: Investors are focused on the November 3 earnings report. The upcoming results will be an important test of whether strong AI-related demand is translating into revenue growth, cash flow and sustainable profitability.
• Negative Sentiment: High valuation is limiting investor tolerance for disappointment. AMD has rallied sharply and trades at a very high earnings multiple, prompting questions about how much future AI growth is already reflected in the stock. Can AMD’s Rally Continue?
• Negative Sentiment: Macro and sector pressures are weighing on AMD. Rising Treasury yields and oil prices have intensified a broad technology and semiconductor selloff, pressuring richly valued growth stocks despite favorable AI-demand indicators. Why AMD Stock Is Down Today
• Negative Sentiment: ARK Invest reduced its AMD position. Cathie Wood’s firm sold approximately 22,500 AMD shares valued at nearly $14 million. While the sale may reflect portfolio rebalancing, it adds to near-term selling pressure and reinforces concerns about profit-taking after the stock’s substantial advance. Cathie Wood Sold AMD Shares

Insiders Place Their Bets

In other Advanced Micro Devices news, CEO Lisa Su sold 70,000 shares of the stock in a transaction on Thursday, September 10th. The stock was sold at an average price of $506.80, for a total transaction of $35,476,000.00. Following the sale, the chief executive officer directly owned 3,032,156 shares in the company, valued at approximately $1,536,696,660.80. This trade represents a 2.26% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Mark Papermaster sold 28,811 shares of Advanced Micro Devices 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 sale, 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. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 213,838 shares of company stock worth $105,533,836 in the last three months. Corporate insiders own 0.50% of the company's stock.

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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