Advanced Micro Devices, Inc. $AMD Shares Newly Purchased by International Private Wealth Advisors LLC

Key Points

• International Private Wealth Advisors initiated a position in AMD, buying 3,752 shares valued at approximately $2.3 million in the third quarter.
• Institutional investors and hedge funds own 71.34% of AMD shares, while company insiders sold 230,957 shares worth about $114.8 million over the last quarter.
• AMD beat quarterly estimates with EPS of $2.09 versus $1.95 expected and revenue of $13.38 billion, up 44.7% year over year. Analysts’ consensus rating is “Moderate Buy,” with an average price target of $642.47.

International Private Wealth Advisors LLC purchased a new stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 3,752 shares of the semiconductor manufacturer's stock, valued at approximately $2,295,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. DecisionPoint Financial LLC increased its holdings in Advanced Micro Devices by 79.2% during the 3rd quarter. DecisionPoint Financial LLC now owns 43 shares of the semiconductor manufacturer's stock valued at $26,000 after purchasing an additional 19 shares in the last quarter. MJT & Associates Financial Advisory Group Inc. acquired a new position in Advanced Micro Devices in the third quarter worth $29,000. JNBA Financial Advisors boosted its stake 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 in the last quarter. Graney & King LLC acquired a new position in Advanced Micro Devices in the first quarter worth $31,000. Finally, Main Street Group LTD bought a new stake in shares of Advanced Micro Devices during the first quarter worth $33,000. 71.34% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Advanced Micro Devices

In related news, CEO Lisa Su sold 25,000 shares of the company's stock in a transaction dated Thursday, September 10th. The stock was sold at an average price of $506.79, for a total value of $12,669,750.00. Following the completion of the sale, the chief executive officer owned 74,211 shares in the company, valued at approximately $37,609,392.69. This represents a 25.20% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. 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 value of $13,595,046.57. Following the completion of the transaction, the executive vice president directly owned 1,261,461 shares in the company, valued at $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. Insiders sold 230,957 shares of company stock valued at $114,799,511 over the last quarter. 0.50% of the stock is owned by corporate insiders.

Advanced Micro Devices Trading Up 7.3%

Shares of NASDAQ AMD opened at $552.90 on Thursday. Advanced Micro Devices, Inc. has a fifty-two week low of $188.22 and a fifty-two week high of $658.52. The firm has a market capitalization of $906.81 billion, a P/E ratio of 120.20, a P/E/G ratio of 4.96 and a beta of 2.49. The company has a debt-to-equity ratio of 0.10, a current ratio of 2.72 and a quick ratio of 1.93. The company's 50 day simple moving average is $550.43 and its 200 day simple moving average is $419.05.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last released its earnings results on Tuesday, November 3rd. The semiconductor manufacturer reported $2.09 EPS for the quarter, topping analysts' consensus estimates of $1.95 by $0.14. The firm had revenue of $13.38 billion during the quarter, compared to analyst estimates of $13.10 billion. Advanced Micro Devices had a net margin of 16.77% and a return on equity of 14.15%. The business's quarterly revenue was up 44.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.20 EPS. On average, analysts predict that Advanced Micro Devices, Inc. will post 6.93 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the company. Roth Capital raised their target price on Advanced Micro Devices from $500.00 to $650.00 and gave the company a "buy" rating in a research note on Friday, July 24th. CLSA reissued an "outperform" rating and set a $710.00 price objective on shares of Advanced Micro Devices in a report on Wednesday, September 9th. Mizuho decreased their price objective on shares of Advanced Micro Devices from $705.00 to $610.00 and set an "outperform" rating on the stock in a report on Wednesday, November 4th. Wedbush restated an "outperform" rating and issued a $600.00 price objective on shares of Advanced Micro Devices in a research report on Wednesday, November 4th. Finally, Royal Bank Of Canada set a $675.00 target price on shares of Advanced Micro Devices in a research note on Wednesday, November 4th. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-one have given a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Advanced Micro Devices presently has a consensus rating of "Moderate Buy" and a consensus price target of $642.47.

Recent Advanced Micro Devices Headlines

Investors following AMD have been watching these headlines:

• Positive Sentiment: Google’s selection of AMD’s fifth-generation EPYC processors for its TPU 8tx system, alongside the launch of new EPYC CPUs, reinforced AMD’s opportunity in cloud and AI server workloads. What Is Going on With AMD Stock on Wednesday?
• Positive Sentiment: Anthropic’s claim that its Mythos model got Claude running on AMD chips in roughly three days raised the possibility that AI software could become less dependent on Nvidia’s CUDA platform—potentially broadening AMD’s appeal, though adoption remains to be proven. Anthropic’s Mythos claim and Nvidia’s CUDA moat
• Negative Sentiment: Investors still face concerns about AMD’s premium valuation, decelerating data-center growth, weaker free cash flow and rising inventory. These factors could limit the rally if expected AI demand does not translate into sustained earnings and cash generation. Lisa Su Just Delivered Fantastic News for AMD Investors

Advanced Micro Devices Profile

Advanced Micro Devices, Inc. (AMD) is a semiconductor company that designs processors, graphics products and adaptive computing solutions. Its products serve data center, personal computing, gaming, embedded and other markets. AMD is a fabless chip designer, relying on third-party manufacturing partners to produce its semiconductors. The company's product portfolio includes EPYC server processors, Ryzen desktop and laptop processors, Radeon graphics products, Instinct accelerators for data center computing, and adaptive chips and systems used in embedded applications.

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