Advanced Micro Devices, Inc. $AMD Stock Acquired by Financial & Tax Architects LLC

Key Points

• Financial & Tax Architects LLC increased its AMD stake by 272.1% in the third quarter, while several other institutional investors also added shares. Institutions and hedge funds collectively own 71.34% of AMD.
• AMD reported quarterly revenue of $11.54 billion, up 50.1% year over year, and EPS of $1.66, exceeding analyst expectations. Shares opened at $528.75, with a market capitalization of approximately $863.17 billion and a high valuation multiple.
• Analysts maintain a generally positive outlook, with AMD carrying a “Moderate Buy” consensus rating and an average price target of $603.51. However, insider selling, semiconductor-sector volatility and concerns over AMD’s elevated valuation and AI-spending sustainability remain risks.

Financial & Tax Architects LLC increased its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 272.1% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,209 shares of the semiconductor manufacturer's stock after buying an additional 3,078 shares during the quarter. Financial & Tax Architects LLC's holdings in Advanced Micro Devices were worth $2,575,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of AMD. Fortitude Advisory Group L.L.C. lifted its holdings in Advanced Micro Devices by 16.2% during the 3rd quarter. Fortitude Advisory Group L.L.C. now owns 2,500 shares of the semiconductor manufacturer's stock worth $1,530,000 after buying an additional 348 shares in the last quarter. AdvisorNet Financial Inc increased its stake in shares of Advanced Micro Devices by 46.2% in the 3rd quarter. AdvisorNet Financial Inc now owns 9,454 shares of the semiconductor manufacturer's stock valued at $6,183,000 after buying an additional 2,986 shares during the period. Community Financial Services Group LLC increased its stake in shares of Advanced Micro Devices by 3,682.0% in the 3rd quarter. Community Financial Services Group LLC now owns 9,644 shares of the semiconductor manufacturer's stock valued at $5,938,000 after buying an additional 9,389 shares during the period. Weaver Capital Management LLC raised its position in shares of Advanced Micro Devices by 68.2% during the third quarter. Weaver Capital Management LLC now owns 11,947 shares of the semiconductor manufacturer's stock worth $7,309,000 after acquiring an additional 4,846 shares during the last quarter. Finally, Triasima Portfolio Management inc. bought a new stake in shares of Advanced Micro Devices during the third quarter worth $3,073,000. 71.34% of the stock is currently owned by institutional investors and hedge funds.

Advanced Micro Devices Price Performance

Shares of AMD opened at $528.75 on Friday. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.91 and a current ratio of 2.61. The stock has a 50 day simple moving average of $537.02 and a 200 day simple moving average of $472.22. Advanced Micro Devices, Inc. has a 52-week low of $188.22 and a 52-week high of $658.52. The firm has a market capitalization of $863.17 billion, a PE ratio of 135.93, a P/E/G ratio of 5.81 and a beta of 2.45.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last announced its earnings results on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 EPS for the quarter, topping 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 firm had revenue of $11.54 billion for the quarter, compared to the consensus estimate of $11.31 billion. During the same period last year, the company posted $0.48 EPS. The business'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 EPS for the current fiscal year.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the company. BMO Capital Markets assumed coverage on Advanced Micro Devices in a research note on Thursday, August 20th. They set an "outperform" rating and a $550.00 price target on the stock. Melius Research set a $660.00 price objective on Advanced Micro Devices in a research report on Friday, July 24th. Rosenblatt Securities reissued a "buy" rating and set a $700.00 price objective on shares of Advanced Micro Devices in a report on Tuesday, September 29th. Susquehanna upped their target price on shares of Advanced Micro Devices from $450.00 to $500.00 and gave the company a "positive" rating in a research report on Thursday, July 30th. Finally, Royal Bank Of Canada reaffirmed a "sector perform" rating and issued a $540.00 target price on shares of Advanced Micro Devices in a research note on Wednesday, August 5th. Three research analysts have rated the stock with a Strong Buy rating, thirty-one have given a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Advanced Micro Devices currently has an average rating of "Moderate Buy" and a consensus target price of $603.51.

More Advanced Micro Devices News

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

• Positive Sentiment: Arete raised its AMD price target to $612 from $540, while recent commentary highlighted the company’s expanding data-center business, AI accelerator opportunity and open Helion rack-scale architecture. Arete Adjusts Price Target on Advanced Micro Devices
• Positive Sentiment: AMD’s credit-support agreement for Fermi’s Texas data-center power lease is viewed as a potential AI infrastructure catalyst, although Fermi still faces liquidity and lease-related risks. AMD's Support Could Help Fermi Stock
• Neutral Sentiment: ETF investors were net sellers of AMD on October 14, adding to short-term trading pressure but offering little insight into the company’s operating outlook. ETFs Are Net Sellers of AMD
• Negative Sentiment: A broad semiconductor selloff intensified after a Qualcomm jury verdict, with Arm, AMD and Taiwan Semiconductor declining together. Investors are questioning whether AI infrastructure spending can sustain current expectations, particularly as elevated interest rates pressure richly valued growth stocks. Arm and AMD Fall as Qualcomm Verdict Adds to Chip Selloff
• Negative Sentiment: Analysts and investors are also reassessing AMD’s elevated valuation, AI financing risks and the sustainability of extremely high data-center spending. Reports of widespread insider selling may further weigh on sentiment, even though institutional ownership remains substantial. AMD Slides as Chip Selloff Continues

Insider Buying and Selling at Advanced Micro Devices

In related news, EVP Mark Papermaster sold 28,811 shares of the firm's stock in a transaction on Thursday, August 20th. The shares were sold at an average price of $471.87, for a total transaction of $13,595,046.57. Following the sale, the executive vice president directly owned 1,261,461 shares in the company, valued at $595,245,602.07. This trade represents a 2.23% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Forrest Norrod sold 17,261 shares of the business's stock in a transaction on 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 sale, the executive vice president directly owned 363,317 shares in the company, valued at $182,766,616.85. This represents a 4.54% 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. Insiders sold a total of 213,838 shares of company stock valued at $105,533,836 over the last quarter. 0.50% of the stock is currently owned by corporate insiders.

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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