Advanced Micro Devices, Inc. $AMD Holdings Decreased by Tilia Fiduciary Partners Inc.

Key Points

• Tilia Fiduciary Partners cut its AMD stake by 10.6% in the third quarter, selling 2,055 shares and retaining 17,258 shares worth approximately $10.6 million. AMD remains the firm’s largest holding, while institutional investors collectively own 71.34% of the company.
• AMD reported quarterly EPS of $1.66 and revenue of $11.54 billion, beating analyst expectations, with revenue up 50.1% year over year. Analysts maintain a “Moderate Buy” consensus rating and an average price target of $585.26.
• AMD’s shares traded near $608, but elevated valuation and insider selling remain concerns. At the same time, strong AI infrastructure demand, potential Samsung supply partnerships and data-center opportunities provide growth support ahead of the company’s scheduled third-quarter earnings report on November 3.

Tilia Fiduciary Partners Inc. trimmed its position in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 10.6% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 17,258 shares of the semiconductor manufacturer's stock after selling 2,055 shares during the quarter. Advanced Micro Devices accounts for 5.2% of Tilia Fiduciary Partners Inc.'s holdings, making the stock its largest holding. Tilia Fiduciary Partners Inc.'s holdings in Advanced Micro Devices were worth $10,558,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. BlackRock Inc. lifted its stake in Advanced Micro Devices by 3.1% in the second quarter. BlackRock Inc. now owns 150,301,510 shares of the semiconductor manufacturer's stock worth $87,311,650,000 after acquiring an additional 4,535,126 shares during the period. State Street Corp increased its position in Advanced Micro Devices by 2.9% during the 2nd quarter. State Street Corp now owns 76,920,783 shares of the semiconductor manufacturer's stock valued at $46,606,266,000 after purchasing an additional 2,149,563 shares during the period. Invesco Ltd. increased its position in Advanced Micro Devices by 15.9% during the 4th quarter. Invesco Ltd. now owns 15,473,280 shares of the semiconductor manufacturer's stock valued at $3,313,758,000 after purchasing an additional 2,124,867 shares during the period. Bank of America Corp DE bought a new stake in shares of Advanced Micro Devices in the 2nd quarter valued at about $7,022,226,000. Finally, Jennison Associates LLC raised its holdings in shares of Advanced Micro Devices by 5.8% in the 2nd quarter. Jennison Associates LLC now owns 9,972,952 shares of the semiconductor manufacturer's stock valued at $5,793,388,000 after purchasing an additional 545,575 shares in the last quarter. Institutional investors own 71.34% of the company's stock.

Advanced Micro Devices Trading Down 2.0%

NASDAQ:AMD opened at $608.10 on Friday. Advanced Micro Devices, Inc. has a 52 week low of $188.22 and a 52 week high of $658.52. The firm has a 50 day moving average of $528.95 and a 200 day moving average of $459.44. The company has a quick ratio of 1.91, a current ratio of 2.61 and a debt-to-equity ratio of 0.03. The stock has a market capitalization of $992.71 billion, a price-to-earnings ratio of 156.32, a PEG ratio of 6.39 and a beta of 2.45.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last released its quarterly 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. The business had revenue of $11.54 billion for the quarter, compared to analyst estimates 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 for the quarter was up 50.1% on a year-over-year basis. During the same period in the previous year, the company earned $0.48 earnings per share. As a group, sell-side analysts anticipate that Advanced Micro Devices, Inc. will post 6.48 earnings per share for the current fiscal year.

Insider Activity at Advanced Micro Devices

In other Advanced Micro Devices news, EVP Forrest Norrod sold 17,261 shares of the stock in a transaction dated Tuesday, September 15th. The stock was sold at an average price of $503.05, for a total value of $8,683,146.05. Following the completion of the sale, the executive vice president directly owned 363,317 shares in the company, valued at approximately $182,766,616.85. This trade represents a 4.54% decrease in their ownership of the stock. The transaction was disclosed in a filing 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, CEO Lisa Su sold 70,000 shares of the firm's stock in a transaction dated Thursday, September 10th. The stock was sold at an average price of $506.80, for a total value of $35,476,000.00. Following the completion of the sale, the chief executive officer directly owned 3,032,156 shares of the company's stock, valued at approximately $1,536,696,660.80. This represents a 2.26% 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. Insiders sold a total of 213,838 shares of company stock worth $105,533,836 over the last ninety days. Corporate insiders own 0.50% of the company's stock.

Wall Street Analysts Forecast Growth

AMD has been the topic of a number of recent research reports. Wall Street Zen upgraded shares of Advanced Micro Devices from a "hold" rating to a "buy" rating in a research note on Sunday, October 4th. Susquehanna upped their target price on Advanced Micro Devices from $450.00 to $500.00 and gave the stock a "positive" rating in a report on Thursday, July 30th. Mizuho increased their target price on Advanced Micro Devices from $580.00 to $705.00 and gave the company an "outperform" rating in a research report on Tuesday. Piper Sandler assumed coverage on Advanced Micro Devices in a report on Tuesday, September 15th. They issued an "overweight" rating and a $600.00 price target on the stock. Finally, Stifel Nicolaus boosted their price target on Advanced Micro Devices from $635.00 to $700.00 and gave the stock a "buy" rating in a research report on Monday, October 5th. Three research analysts have rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat.com, Advanced Micro Devices has a consensus rating of "Moderate Buy" and a consensus price target of $585.26.

Key Advanced Micro Devices News

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

• Positive Sentiment: AI infrastructure demand remains strong. TSMC reported record quarterly revenue, while Samsung also posted exceptionally strong results tied to AI memory demand—supportive read-throughs for AMD’s data-center and accelerator businesses. TSMC quarterly results
• Positive Sentiment: AMD is reportedly exploring a foundry and memory partnership with Samsung, potentially improving access to critical manufacturing and high-bandwidth memory as AI chip supply remains constrained. AMD Samsung partnership
• Positive Sentiment: The partnership with Core Scientific highlights potential demand for AMD-powered AI data centers, while analysts and bullish commentators continue to see upside from CPUs, accelerators and inference chips. Core Scientific and AMD partnership
• Neutral Sentiment: AMD scheduled its third-quarter earnings release for November 3. The report will be an important test of whether accelerating AI demand can justify the stock’s elevated valuation. AMD earnings date
• Negative Sentiment: Valuation concerns are dominating sentiment. AMD was cited as trading near 125 times free cash flow, far above Broadcom’s roughly 46 times, leaving little room for execution missteps or slower growth. AMD versus Broadcom valuation
• Negative Sentiment: A broader market selloff, rising Treasury yields and higher oil prices pressured richly valued technology shares. ARK Invest also sold approximately $14 million of AMD stock, adding a modest negative sentiment signal. ARK Invest AMD sale

Advanced Micro Devices Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.