Advanced Micro Devices, Inc. $AMD Shares Bought by Apollon Wealth Management LLC

Key Points

• Apollon Wealth Management increased its AMD stake by 2.3% in the third quarter, adding 2,376 shares for a total of 105,353 shares valued at approximately $64.5 million. Institutional investors collectively own 71.34% of AMD.
• Analysts remain broadly bullish: AMD has a consensus “Moderate Buy” rating and an average price target of $606.76, with several firms recently raising their targets. The company’s latest quarterly results also exceeded expectations, with revenue rising 50.1% year over year.
• AMD’s strong AI-driven momentum is balanced by valuation and competitive risks. Shares recently traded near $531, while the company carries a high P/E ratio of 136.58; insiders have also sold significant shares under pre-arranged trading plans.

Apollon Wealth Management LLC raised its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 2.3% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 105,353 shares of the semiconductor manufacturer's stock after buying an additional 2,376 shares during the quarter. Advanced Micro Devices comprises 0.7% of Apollon Wealth Management LLC's portfolio, making the stock its 29th biggest holding. Apollon Wealth Management LLC's holdings in Advanced Micro Devices were worth $64,451,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the company. MJT & Associates Financial Advisory Group Inc. purchased a new position in shares of Advanced Micro Devices in the third quarter valued at $29,000. JNBA Financial Advisors increased its position in Advanced Micro Devices by 142.9% in the second 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 last quarter. Graney & King LLC bought a new stake in Advanced Micro Devices in the first quarter worth $31,000. Main Street Group LTD purchased a new stake in Advanced Micro Devices during the first quarter valued at $33,000. Finally, Downshift Financial LLC raised its stake in Advanced Micro Devices by 850.0% during the third quarter. Downshift Financial LLC now owns 57 shares of the semiconductor manufacturer's stock valued at $35,000 after purchasing an additional 51 shares in the last quarter. Hedge funds and other institutional investors own 71.34% of the company's stock.

Wall Street Analyst Weigh In

Several equities analysts have commented on AMD shares. Susquehanna increased their price objective on shares of Advanced Micro Devices from $550.00 to $620.00 and gave the company a "positive" rating in a research report on Wednesday, October 21st. Stifel Nicolaus boosted their target price on shares of Advanced Micro Devices from $635.00 to $700.00 and gave the stock a "buy" rating in a report on Monday, October 5th. Benchmark boosted their target price on shares of Advanced Micro Devices from $485.00 to $685.00 and gave the stock a "buy" rating in a report on Wednesday, July 22nd. Piper Sandler initiated coverage on shares of Advanced Micro Devices in a research report on Tuesday, September 15th. They set an "overweight" rating and a $600.00 target price on the stock. Finally, DA Davidson increased their price target on shares of Advanced Micro Devices from $425.00 to $550.00 and gave the company a "buy" rating in a report on Wednesday, August 5th. Three investment analysts have rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $606.76.

Advanced Micro Devices Trading Up 2.8%

Shares of AMD opened at $531.28 on Tuesday. The company's fifty day simple moving average is $542.28 and its 200-day simple moving average is $400.69. The company has a market cap of $867.30 billion, a P/E ratio of 136.58, a P/E/G ratio of 5.30 and a beta of 2.45. 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, Inc. has a twelve month low of $188.22 and a twelve month high of $658.52.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last issued its quarterly earnings results on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 EPS for the quarter, beating the consensus estimate 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 company had revenue of $11.54 billion for the quarter, compared to the consensus estimate of $11.31 billion. During the same period in the prior year, the firm posted $0.48 EPS. The firm's revenue was up 50.1% compared to the same quarter last year. As a group, analysts expect that Advanced Micro Devices, Inc. will post 6.50 EPS for the current year.

Insider Activity

In related news, EVP Forrest Norrod sold 17,262 shares of the business's stock in a transaction on Thursday, October 15th. The stock was sold at an average price of $540.70, for a total transaction of $9,333,563.40. Following the completion of the transaction, the executive vice president owned 353,317 shares in the company, valued at $191,038,501.90. The trade was a 4.66% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Lisa Su sold 25,000 shares of the business's stock in a transaction on Thursday, September 10th. The shares were sold at an average price of $506.79, for a total value of $12,669,750.00. Following the transaction, the chief executive officer owned 74,211 shares of the company's stock, valued at approximately $37,609,392.69. The trade was a 25.20% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 231,100 shares of company stock worth $114,867,400 in the last three months. Corporate insiders own 0.50% of the company's stock.

Key Advanced Micro Devices News

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

Advanced Micro Devices 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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