Advanced Micro Devices, Inc. $AMD Stock Acquired by Courier Capital LLC

Key Points

• Courier Capital increased its AMD stake by 8.2% in the third quarter to 12,828 shares valued at approximately $7.85 million. Institutional investors collectively own 71.34% of AMD.
• AMD is gaining momentum in AI infrastructure, including Scaleway’s planned AMD-powered supercomputer in Sweden and the company’s Helion rack-scale platform for inference workloads.
• Despite bullish analyst sentiment and strong quarterly results, AMD faces risk from broad semiconductor selling, potential moderation in AI spending, insider stock sales, and a high valuation of roughly 156 times earnings.

Courier Capital LLC increased its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 8.2% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 12,828 shares of the semiconductor manufacturer's stock after purchasing an additional 973 shares during the period. Advanced Micro Devices accounts for about 1.5% of Courier Capital LLC's holdings, making the stock its 17th biggest position. Courier Capital LLC's holdings in Advanced Micro Devices were worth $7,848,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Southpoint Capital Advisors LP boosted its position in Advanced Micro Devices by 50.0% during the first quarter. Southpoint Capital Advisors LP now owns 900,000 shares of the semiconductor manufacturer's stock worth $183,087,000 after acquiring an additional 300,000 shares during the last quarter. Boomfish Wealth Group LLC acquired a new position in Advanced Micro Devices in the 1st quarter valued at $1,193,000. Dimensional Fund Advisors LP raised its holdings in Advanced Micro Devices by 6.0% in the 1st quarter. Dimensional Fund Advisors LP now owns 5,142,516 shares of the semiconductor manufacturer's stock valued at $1,045,954,000 after acquiring an additional 291,165 shares during the last quarter. Ferguson Wellman Capital Management Inc. lifted its stake in shares of Advanced Micro Devices by 6,968.7% during the 3rd quarter. Ferguson Wellman Capital Management Inc. now owns 140,313 shares of the semiconductor manufacturer's stock worth $85,995,000 after purchasing an additional 138,328 shares during the period. Finally, Douglas Lane & Associates LLC lifted its stake in shares of Advanced Micro Devices by 2,748.0% during the 3rd quarter. Douglas Lane & Associates LLC now owns 85,952 shares of the semiconductor manufacturer's stock worth $52,582,000 after purchasing an additional 82,934 shares during the period. Hedge funds and other institutional investors own 71.34% of the company's stock.

Key Advanced Micro Devices News

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

• Positive Sentiment: Scaleway selected AMD for a major AI supercomputer in Sweden. The European cloud provider plans to build an AMD-powered system, providing evidence of demand for AMD’s Instinct GPUs and strengthening the company’s position as an alternative to Nvidia in AI data centers. Scaleway to build AMD-powered AI supercomputer in Sweden
• Positive Sentiment: AMD’s Helion rack-scale platform is reinforcing its agentic-AI strategy. The open blueprint supports CPU-only and combined CPU/GPU configurations, up to 32,768 CPU cores, and is expected to become available in November. The design could help AMD capture enterprise and hyperscale inference workloads as customers seek flexible infrastructure. AMD unveils Helion open rack blueprint for agentic AI
• Positive Sentiment: AMD is providing financial support to energy company Fermi. The partnership sent Fermi shares sharply higher and may give AMD exposure to power infrastructure needed for large AI data centers, although the longer-term financial benefit to AMD remains uncertain. Fermi partnership with AMD
• Neutral Sentiment: Analysts and commentators remain bullish on AMD’s potential to benefit from AI inference growth, with one report assigning a $1,200 target. However, the stock trades at roughly 155 times earnings, leaving limited room for execution disappointments.
• Negative Sentiment: Semiconductor shares are facing broad risk-off selling. Investors are taking profits after a powerful run, while intensifying Chinese competition and worries that financing constraints could slow AI data-center expansion are weighing on AMD, Nvidia, and Intel.
• Negative Sentiment: Reports that OpenAI reduced its revenue outlook have prompted investors to reassess assumptions for AI accelerator demand and infrastructure spending. AMD’s exposure to the AI buildout makes it particularly sensitive to any signs of slower customer returns.
• Negative Sentiment: News that President Donald Trump’s investment team sold as much as $5 million of AMD stock adds a negative sentiment signal, though the trade was made in August and does not necessarily reflect AMD’s operating outlook.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on AMD shares. Bank of America raised their price objective on Advanced Micro Devices from $620.00 to $720.00 and gave the stock a "buy" rating in a report on Friday, September 25th. Jefferies Financial Group set a $650.00 target price on Advanced Micro Devices in a research note on Wednesday, August 5th. Stifel Nicolaus increased their target price 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. Robert W. Baird set a $1,250.00 target price on Advanced Micro Devices in a research report on Friday, July 24th. Finally, Truist Financial raised their price target on Advanced Micro Devices from $478.00 to $594.00 and gave the stock a "buy" rating in a research note on Wednesday, August 5th. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, Advanced Micro Devices has a consensus rating of "Moderate Buy" and an average target price of $593.82.

Insider Buying and Selling at Advanced Micro Devices

In other Advanced Micro Devices news, EVP Jean X. Hu sold 15,000 shares of the business's stock in a transaction dated Tuesday, August 25th. The stock was sold at an average price of $474.08, for a total transaction of $7,111,200.00. Following the completion of the sale, the executive vice president owned 160,979 shares of the company's stock, valued at approximately $76,316,924.32. The trade was a 8.52% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Lisa T. 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 sale, the chief executive officer owned 74,211 shares of the company's stock, valued at $37,609,392.69. This represents a 25.20% decrease in their ownership of the stock. 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 quarter, insiders sold 213,838 shares of company stock worth $105,533,836. 0.50% of the stock is currently owned by company insiders.

Advanced Micro Devices Trading Up 1.9%

AMD stock traded up $11.29 on Tuesday, hitting $605.53. 17,847,018 shares of the company were exchanged, compared to its average volume of 32,343,414. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.61 and a quick ratio of 1.91. The stock has a market capitalization of $988.51 billion, a price-to-earnings ratio of 155.66, a price-to-earnings-growth ratio of 6.29 and a beta of 2.45. Advanced Micro Devices, Inc. has a twelve month low of $188.22 and a twelve month high of $658.52. The business's fifty day moving average is $531.14 and its two-hundred day moving average is $463.99.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last announced its quarterly earnings results on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 earnings per share for the quarter, beating analysts' consensus estimates of $1.62 by $0.04. The company 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%. Advanced Micro Devices's revenue for the quarter was up 50.1% on a year-over-year basis. During the same quarter last year, the business earned $0.48 EPS. As a group, research analysts forecast that Advanced Micro Devices, Inc. will post 6.45 earnings per share for the current year.

Advanced Micro Devices Company 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.

Want to see what other hedge funds are holding AMD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report).

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.