Advanced Micro Devices, Inc. $AMD Stake Increased by Community Financial Services Group LLC

Key Points

• Community Financial Services Group LLC increased its AMD stake by 3,682% in the third quarter, ending with 9,644 shares valued at approximately $5.94 million. Other institutional investors also raised their positions, and institutions collectively own 71.34% of AMD.
• Wall Street sentiment remains positive, with a consensus “Moderate Buy” rating and an average price target of $603.51. Recent analysts raised targets as high as $1,250, citing AMD’s growth prospects in data-center and AI chips.
• AMD’s fundamentals showed strong momentum, with quarterly revenue rising 50.1% year over year and earnings exceeding estimates, but its premium valuation, rising Treasury yields, semiconductor-market volatility, and substantial insider selling pose risks.

Community Financial Services Group LLC raised its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 3,682.0% in the third quarter, according to its most recent filing with the SEC. The firm owned 9,644 shares of the semiconductor manufacturer's stock after purchasing an additional 9,389 shares during the quarter. Community Financial Services Group LLC's holdings in Advanced Micro Devices were worth $5,938,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the company. Weaver Capital Management LLC lifted its stake in shares of Advanced Micro Devices by 68.2% in the 3rd quarter. Weaver Capital Management LLC now owns 11,947 shares of the semiconductor manufacturer's stock valued at $7,309,000 after purchasing an additional 4,846 shares during the period. Triasima Portfolio Management inc. acquired a new stake in Advanced Micro Devices during the third quarter worth approximately $3,073,000. Brindle & Bay Financial Advisors LLC grew its stake in Advanced Micro Devices by 27.8% during the third quarter. Brindle & Bay Financial Advisors LLC now owns 1,086 shares of the semiconductor manufacturer's stock worth $664,000 after purchasing an additional 236 shares during the period. RDA Financial Network increased its holdings in Advanced Micro Devices by 121.7% in the third quarter. RDA Financial Network now owns 2,033 shares of the semiconductor manufacturer's stock worth $1,244,000 after purchasing an additional 1,116 shares in the last quarter. Finally, Ninety One UK Ltd lifted its stake in Advanced Micro Devices by 834.2% in the third quarter. Ninety One UK Ltd now owns 4,045 shares of the semiconductor manufacturer's stock valued at $2,475,000 after buying an additional 3,612 shares during the period. Institutional investors own 71.34% of the company's stock.

Wall Street Analyst Weigh In

Several analysts have recently commented on AMD shares. Bank of America raised their price objective on shares of Advanced Micro Devices from $620.00 to $720.00 and gave the stock a "buy" rating in a research report on Friday, September 25th. Robert W. Baird set a $1,250.00 target price on shares of Advanced Micro Devices in a research report on Friday, July 24th. Susquehanna increased their target price on shares of Advanced Micro Devices from $450.00 to $500.00 and gave the stock a "positive" rating in a research note on Thursday, July 30th. Roth Capital raised their price target on shares of Advanced Micro Devices from $500.00 to $650.00 and gave the stock a "buy" rating in a report on Friday, July 24th. Finally, TD Cowen restated a "buy" rating on shares of Advanced Micro Devices in a report on Wednesday, August 5th. Three analysts have rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $603.51.

Insider Activity

In related news, EVP Jean X. Hu sold 15,000 shares of the company's stock in a transaction dated Tuesday, August 25th. The shares were 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 $76,316,924.32. This represents a 8.52% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Forrest Norrod sold 17,261 shares of the firm's stock in a transaction dated Tuesday, September 15th. The shares were sold at an average price of $503.05, for a total transaction of $8,683,146.05. Following the completion of the transaction, the executive vice president directly owned 363,317 shares in the company, valued at approximately $182,766,616.85. The trade was a 4.54% 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. Over the last three months, insiders sold 213,838 shares of company stock valued at $105,533,836. 0.50% of the stock is currently owned by insiders.

Advanced Micro Devices News Roundup

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

• Positive Sentiment: AMD’s long-term AI opportunity remains a key bullish argument. Analysts point to strong demand for data-center processors and accelerators, improving AI-inference software, and the potential for agentic AI to drive substantial future compute demand. AMD’s Helion rack-scale architecture, developed with an open and modular approach, could broaden its role in AI infrastructure. What Does Advanced Micro Devices AMD Helion Mean For Its AI Ambitions?
• Positive Sentiment: A credit-support agreement connected to Fermi Inc.’s 222-megawatt Texas power lease for Project Matador may help advance AI data-center capacity and could support AMD’s ecosystem and infrastructure ambitions, although related liquidity and lease risks remain. AMD’s Support Could Help Fermi Stock Overcome Its Biggest Hurdle
• Neutral Sentiment: TSMC reported record profits and described AI-chip demand as extremely robust, supporting the underlying demand backdrop for AMD. However, TSMC’s shares also weakened, showing that strong operating results are not currently overcoming broader risk aversion in chip stocks. TSMC Posts Record Profit Amid Extremely Robust Demand for AI Chips
• Negative Sentiment: Rising Treasury yields are increasing the discount rate applied to AMD’s future earnings and raising borrowing costs for AI customers. Fears that hyperscalers and other infrastructure buyers may struggle to finance planned projects have triggered a broad semiconductor sell-off. Rate Pressure vs. AI Demand
• Negative Sentiment: AMD’s sharp year-to-date advance and premium valuation have increased profit-taking risk. Reports also highlight extensive insider selling, with no reported open-market purchases in the cited six-month period, potentially reinforcing investor concerns about valuation and expectations. AMD Stock Surges 183% YTD: Time to Hold or Exit?
• Negative Sentiment: Concerns about an AI-spending reset intensified after weakness in AI-financing markets, including a sell-off in CoreWeave bonds. Investors are questioning whether AI demand, competitive pressure and infrastructure spending can justify current chip valuations. AMD Stock Takes a Bigger Hit as Cracks Emerge in the AI Trade

Advanced Micro Devices Stock Performance

NASDAQ AMD opened at $562.23 on Friday. The company has a fifty day simple moving average of $536.11 and a 200 day simple moving average of $471.82. 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. The company has a market cap of $917.82 billion, a P/E ratio of 144.53, a PEG ratio of 5.90 and a beta of 2.45.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last announced its quarterly earnings results on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 EPS for the quarter, beating 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 during the quarter, compared to analyst estimates of $11.31 billion. During the same quarter in the previous year, the business posted $0.48 EPS. Advanced Micro Devices's quarterly revenue was up 50.1% on a year-over-year basis. Sell-side analysts predict that Advanced Micro Devices, Inc. will post 6.45 earnings per share for the current fiscal year.

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.

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