Advanced Micro Devices, Inc. $AMD Stock Bought by Root Financial Partners LLC

Key Points

• Root Financial Partners increased its AMD stake by 33.5% in the third quarter, bringing its holdings to 8,805 shares worth approximately $5.4 million. Institutional investors and hedge funds collectively own 71.34% of AMD.
• Analyst sentiment remains positive: AMD has a “Moderate Buy” consensus rating and an average price target of $606.76, with Susquehanna and Roth Capital recently raising their targets to $620 and $650, respectively.
• AMD reported strong operating growth, including 50.1% year-over-year revenue growth and quarterly revenue of $11.54 billion, but valuation and execution risks remain as the stock trades at a high P/E ratio and insiders have sold significant shares.

Root Financial Partners LLC boosted its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 33.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,805 shares of the semiconductor manufacturer's stock after purchasing an additional 2,210 shares during the quarter. Root Financial Partners LLC's holdings in Advanced Micro Devices were worth $5,387,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in AMD. Carter Financial Group INC. increased its position in shares of Advanced Micro Devices by 3.8% during the third quarter. Carter Financial Group INC. now owns 1,576 shares of the semiconductor manufacturer's stock worth $964,000 after acquiring an additional 57 shares during the last quarter. Trust Co of the South raised its holdings in Advanced Micro Devices by 1.1% during the 3rd quarter. Trust Co of the South now owns 1,765 shares of the semiconductor manufacturer's stock worth $1,080,000 after buying an additional 19 shares during the period. Precedent Wealth Partners LLC boosted its holdings in shares of Advanced Micro Devices by 10.4% during the third quarter. Precedent Wealth Partners LLC now owns 2,253 shares of the semiconductor manufacturer's stock worth $1,378,000 after purchasing an additional 213 shares during the period. Boothe Investment Group Inc. boosted its holdings in Advanced Micro Devices by 1.0% in the third quarter. Boothe Investment Group Inc. now owns 16,245 shares of the semiconductor manufacturer's stock worth $9,938,000 after purchasing an additional 163 shares in the last quarter. Finally, E. Ohman J or Asset Management AB increased its stake in Advanced Micro Devices by 141.9% during the third quarter. E. Ohman J or Asset Management AB now owns 139,164 shares of the semiconductor manufacturer's stock valued at $85,135,000 after acquiring an additional 81,640 shares during the period. 71.34% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms recently commented on AMD. Wall Street Zen upgraded Advanced Micro Devices from a "hold" rating to a "buy" rating in a report on Sunday, October 4th. TD Cowen reiterated a "buy" rating on shares of Advanced Micro Devices in a report on Monday. Susquehanna lifted their target price on Advanced Micro Devices from $550.00 to $620.00 and gave the company a "positive" rating in a research report on Wednesday. Cantor Fitzgerald reissued an "overweight" rating on shares of Advanced Micro Devices in a report on Monday, October 5th. Finally, Roth Capital increased their price objective on Advanced Micro Devices from $500.00 to $650.00 and gave the company a "buy" rating in a research report on Friday, July 24th. Three investment analysts have rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat, Advanced Micro Devices presently has a consensus rating of "Moderate Buy" and an average price target of $606.76.

Advanced Micro Devices News Roundup

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

Insiders Place Their Bets

In other Advanced Micro Devices news, EVP Jean X. Hu sold 15,000 shares of Advanced Micro Devices stock in a transaction on Tuesday, August 25th. The shares were 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 position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Lisa Su sold 25,000 shares of the business's stock in a transaction that occurred on 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 transaction, the chief executive officer directly owned 74,211 shares in the company, valued at approximately $37,609,392.69. This trade represents a 25.20% 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. Insiders have sold 231,100 shares of company stock worth $114,867,400 in the last quarter. 0.50% of the stock is owned by corporate insiders.

Advanced Micro Devices Trading Up 1.7%

AMD stock traded up $8.86 during trading on Friday, reaching $516.79. 15,117,964 shares of the stock were exchanged, compared to its average volume of 19,609,990. The business has a 50 day moving average price of $541.54 and a 200-day moving average price of $483.45. Advanced Micro Devices, Inc. has a 1 year low of $188.22 and a 1 year 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 firm has a market capitalization of $843.65 billion, a price-to-earnings ratio of 132.85, a P/E/G ratio of 5.21 and a beta of 2.45.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last posted its quarterly earnings results on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 earnings per share (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 company had revenue of $11.54 billion during the quarter, compared to the consensus estimate of $11.31 billion. During the same period last year, the firm earned $0.48 EPS. The company's revenue for the quarter was up 50.1% on a year-over-year basis. On average, research analysts predict that Advanced Micro Devices, Inc. will post 6.50 earnings per share for the current year.

Advanced Micro Devices 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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