Advanced Micro Devices, Inc. $AMD Shares Bought by Alliance Wealth Advisors LLC

Key Points

• Alliance Wealth Advisors increased its AMD position by 69.7% in the third quarter, holding 4,335 shares valued at approximately $2.65 million. Institutional investors collectively own 71.34% of AMD.
• Analyst sentiment remains favorable, with a “Moderate Buy” consensus and an average price target of $603.51; however, Zacks Research downgraded the stock to “Hold.”
• AMD reported quarterly revenue of $11.54 billion, up 50.1% year over year, and adjusted earnings of $1.66 per share, beating estimates. Shares opened at $570.82, while elevated valuation metrics and recent insider selling represent potential risks.

Alliance Wealth Advisors LLC boosted its position in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 69.7% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 4,335 shares of the semiconductor manufacturer's stock after acquiring an additional 1,781 shares during the period. Advanced Micro Devices accounts for approximately 0.8% of Alliance Wealth Advisors LLC's portfolio, making the stock its 22nd largest holding. Alliance Wealth Advisors LLC's holdings in Advanced Micro Devices were worth $2,652,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in AMD. MJT & Associates Financial Advisory Group Inc. bought a new position in Advanced Micro Devices during the third quarter worth about $29,000. JNBA Financial Advisors raised its position in shares of Advanced Micro Devices by 142.9% in the second quarter. JNBA Financial Advisors now owns 51 shares of the semiconductor manufacturer's stock valued at $30,000 after purchasing an additional 30 shares during the period. Graney & King LLC bought a new stake in shares of Advanced Micro Devices in the first quarter valued at approximately $31,000. Main Street Group LTD purchased a new stake in shares of Advanced Micro Devices during the 1st quarter valued at approximately $33,000. Finally, Downshift Financial LLC lifted its stake in shares of Advanced Micro Devices by 850.0% during the 3rd quarter. Downshift Financial LLC now owns 57 shares of the semiconductor manufacturer's stock valued at $35,000 after buying an additional 51 shares in the last quarter. 71.34% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms recently commented on AMD. Wedbush reaffirmed an "outperform" rating and issued a $600.00 price objective on shares of Advanced Micro Devices in a report on Wednesday, August 5th. KeyCorp set a $650.00 target price on shares of Advanced Micro Devices in a report on Wednesday, August 5th. Zacks Research cut 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, October 6th. Finally, 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 for the company. Three investment 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's stock. According to MarketBeat, Advanced Micro Devices presently has an average rating of "Moderate Buy" and an average price target of $603.51.

Advanced Micro Devices Price Performance

Shares of NASDAQ:AMD opened at $570.82 on Thursday. The company has a 50 day moving average of $534.65 and a 200 day moving average of $469.28. The stock has a market cap of $931.85 billion, a P/E ratio of 146.74, a P/E/G ratio of 6.26 and a beta of 2.45. Advanced Micro Devices, Inc. has a 12 month low of $188.22 and a 12 month high of $658.52. The company has a current ratio of 2.61, a quick ratio of 1.91 and a debt-to-equity ratio of 0.03.

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 for the quarter, topping analysts' consensus estimates of $1.62 by $0.04. Advanced Micro Devices had a net margin of 15.58% and a return on equity of 12.30%. The business had revenue of $11.54 billion for the quarter, compared to analyst estimates of $11.31 billion. During the same quarter in the prior year, the firm posted $0.48 EPS. Advanced Micro Devices's revenue was up 50.1% on a year-over-year basis. As a group, sell-side analysts forecast that Advanced Micro Devices, Inc. will post 6.45 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: AMD’s AI positioning continues to strengthen. SemiAnalysis reportedly found that software improvements are helping AMD narrow NVIDIA’s AI-inference advantage without requiring new chips. AMD also introduced its Helios open-rack platform for agentic AI, with CPU-only and GPU configurations planned for availability in November. AMD Challenges Nvidia's AI Inference Lead AMD Helion Blueprint
• Positive Sentiment: AMD’s credit support for Fermi’s 222-megawatt Texas data-center lease could help ensure power availability for future AI deployments and chip demand. The broader project may eventually support up to 650 megawatts, although the arrangement also exposes AMD to infrastructure-related execution risk. Fermi Partnership With AMD
• Neutral Sentiment: AMD is reportedly acquiring World Labs, an AI startup led by Fei-Fei Li, in an all-stock transaction valued at approximately $8.2 billion. The technology could support 3D-world generation and robotics training, but the deal adds integration and valuation considerations. AMD World Labs Acquisition
• Negative Sentiment: CoreWeave’s bond selloff raised concerns that heavily leveraged AI infrastructure operators may struggle to finance expansion or generate adequate returns. That prompted investors to question future demand for AMD and other AI accelerators. AMD Stock Takes a Bigger Hit as Cracks Emerge in the AI Trade
• Negative Sentiment: A hotter-than-expected September inflation report increased interest-rate and financing concerns, while reports of an OpenAI revenue reset, elevated semiconductor valuations and intensifying Chinese competition added pressure. AMD’s roughly 183% year-to-date advance and premium earnings multiple leave the stock vulnerable to profit-taking. Why AMD Stock Is Falling

Insider Activity

In related news, EVP Jean X. Hu sold 15,000 shares of the stock in a transaction on Tuesday, August 25th. The stock was sold at an average price of $474.08, for a total value of $7,111,200.00. Following the sale, the executive vice president owned 160,979 shares in the company, valued at approximately $76,316,924.32. This trade represents a 8.52% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Paul Grasby sold 15,000 shares of the stock in a transaction on Monday, August 17th. The stock was sold at an average price of $514.91, for a total value of $7,723,650.00. Following the completion of the sale, the executive vice president owned 117,687 shares in the company, valued at $60,598,213.17. This trade represents a 11.30% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last three months, insiders sold 213,838 shares of company stock worth $105,533,836. Company 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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