Advanced Micro Devices, Inc. $AMD Stock: Bernardo Wealth Planning LLC Raises Position

Key Points

• Bernardo Wealth Planning LLC more than doubled its AMD position in the third quarter, acquiring 2,095 additional shares for a total of 4,008 shares valued at approximately $2.45 million. Institutional investors collectively own 71.34% of AMD.
• Analyst sentiment remains favorable: AMD has a consensus “Moderate Buy” rating, with 34 of 43 analysts rating the stock Buy or Strong Buy and an average price target of $606.76.
• AMD reported 50.1% year-over-year revenue growth and quarterly EPS of $1.66, exceeding estimates, but the stock’s elevated valuation—with a P/E ratio above 132—leaves it exposed to execution, competition and broader semiconductor-market risks.

Bernardo Wealth Planning LLC raised its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 109.5% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 4,008 shares of the semiconductor manufacturer's stock after purchasing an additional 2,095 shares during the period. Bernardo Wealth Planning LLC's holdings in Advanced Micro Devices were worth $2,452,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also made changes to their positions in the company. First Citizens Financial Corp lifted its position in shares of Advanced Micro Devices by 3.4% during the 3rd quarter. First Citizens Financial Corp now owns 490 shares of the semiconductor manufacturer's stock valued at $300,000 after buying an additional 16 shares in the last quarter. Fearless Solutions LLC dba Best Invest grew its position in shares of Advanced Micro Devices by 1.5% in the third quarter. Fearless Solutions LLC dba Best Invest now owns 1,174 shares of the semiconductor manufacturer's stock valued at $718,000 after purchasing an additional 17 shares during the period. Private Client Services LLC grew its position in shares of Advanced Micro Devices by 1.7% in the third quarter. Private Client Services LLC now owns 1,079 shares of the semiconductor manufacturer's stock valued at $660,000 after purchasing an additional 18 shares during the period. Box Hill Private Wealth LLC increased its stake in shares of Advanced Micro Devices by 2.5% during the third quarter. Box Hill Private Wealth LLC now owns 794 shares of the semiconductor manufacturer's stock worth $486,000 after purchasing an additional 19 shares in the last quarter. Finally, Trust Co of the South increased its stake in shares of Advanced Micro Devices by 1.1% during the third quarter. Trust Co of the South now owns 1,765 shares of the semiconductor manufacturer's stock worth $1,080,000 after purchasing an additional 19 shares in the last quarter. 71.34% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several equities analysts have recently weighed in on the company. UBS Group restated an "overweight" rating on shares of Advanced Micro Devices in a research report on Friday, July 24th. DA Davidson raised their price objective on Advanced Micro Devices from $425.00 to $550.00 and gave the company a "buy" rating in a report on Wednesday, August 5th. Wells Fargo & Company upped their target price on shares of Advanced Micro Devices from $615.00 to $700.00 and gave the stock an "overweight" rating in a report on Wednesday, August 5th. Morgan Stanley increased their target price on shares of Advanced Micro Devices from $410.00 to $465.00 and gave the company an "equal weight" rating in a research report on Wednesday, August 5th. Finally, 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 report on Wednesday, October 21st. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $606.76.

Advanced Micro Devices Price Performance

Advanced Micro Devices stock opened at $516.79 on Monday. Advanced Micro Devices, Inc. has a 12-month low of $188.22 and a 12-month high of $658.52. The stock has a market cap of $843.64 billion, a P/E ratio of 132.85, a PEG ratio of 5.30 and a beta of 2.45. The company has a 50-day moving average price of $541.54 and a 200 day moving average price of $485.30. 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 (NASDAQ:AMD - Get Free Report) last issued its earnings results on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 EPS for the quarter, topping analysts' consensus estimates of $1.62 by $0.04. The company had revenue of $11.54 billion for the quarter, compared to the consensus estimate 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 quarterly revenue was up 50.1% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.48 earnings per share. Sell-side analysts anticipate that Advanced Micro Devices, Inc. will post 6.50 earnings per share for the current year.

Insiders Place Their Bets

In related news, EVP Jean X. Hu sold 15,000 shares of the stock in a transaction that occurred on Tuesday, August 25th. The stock was sold at an average price of $474.08, for a total value of $7,111,200.00. Following the completion of the transaction, the executive vice president directly owned 160,979 shares in the company, valued at approximately $76,316,924.32. This represents a 8.52% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Mark D. Papermaster sold 28,811 shares of Advanced Micro Devices stock in a transaction on 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 sale, the executive vice president owned 1,261,461 shares in the company, valued at $595,245,602.07. This represents 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. Over the last 90 days, insiders have sold 231,100 shares of company stock worth $114,867,400. 0.50% of the stock is currently owned by company insiders.

Key Advanced Micro Devices News

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

• Positive Sentiment: Analyst support is helping sentiment. AMD received an analyst upgrade, while Erste Group raised its FY2027 earnings estimate to $15.05 per share from $14.80. The company’s long-term earnings outlook is being supported by expectations for continued AI accelerator demand. AMD Stock Jumps Following Analyst Upgrade
• Positive Sentiment: AI growth remains the core bullish argument. Articles point to AMD’s hyperscaler contracts, data-center expansion and expected product cycles as potential drivers of substantial future revenue growth. AMD recently reported 50.1% year-over-year revenue growth, and analysts continue to debate whether its AI opportunity is being underestimated. AMD’s Potential May Be Underestimated
• Neutral Sentiment: Today’s strength follows a broad technology rebound. AMD and Intel recovered after a sharp semiconductor sell-off, while AMD also contributed to gains in the Invesco QQQ Trust. This suggests some of the buying reflects sector rotation and short-term dip buying rather than a change in AMD’s fundamentals. Why AMD and Intel Stocks Are Gaining
• Negative Sentiment: Valuation and execution risks remain significant. AMD has already risen sharply this year, and its high earnings multiple leaves little room for disappointment. Investors are focused on whether upcoming earnings and new AI products can validate the expectations embedded in the stock. AMD Stock Price Prediction
• Negative Sentiment: Competitive and macroeconomic pressures could limit upside. Nvidia is expanding into CPU systems traditionally dominated by AMD and Intel, while higher oil prices, interest rates and questions about AI infrastructure spending are weighing on the broader semiconductor trade. Nvidia Enters the CPU Market

Advanced Micro Devices Company 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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