Advanced Micro Devices, Inc. $AMD Stock: Guyasuta Investment Advisors Inc. Trims Holdings

Key Points

• Guyasuta Investment Advisors cut its AMD position by 22.2% in the third quarter, selling 1,461 shares and retaining 5,112 shares valued at approximately $3.13 million. Other institutional investors mostly increased their holdings, and institutions collectively own 71.34% of AMD.
• AMD insiders sold 213,838 shares worth roughly $105.5 million during the latest quarter, although some transactions were tied to tax withholding or pre-arranged trading plans. Insider ownership stands at just 0.50%.
• Analyst sentiment remains positive, with a consensus “Moderate Buy” rating and an average price target of $603.51. However, AMD faces concerns over its elevated valuation, insider selling, AI-spending sustainability and broader semiconductor-market pressure.

Guyasuta Investment Advisors Inc. trimmed its position in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 22.2% in the third quarter, according to its most recent filing with the SEC. The fund owned 5,112 shares of the semiconductor manufacturer's stock after selling 1,461 shares during the period. Guyasuta Investment Advisors Inc.'s holdings in Advanced Micro Devices were worth $3,127,000 as of its most recent filing with the SEC.

Several other institutional investors also recently modified their holdings of the business. Split Rock Private Trading & Wealth Management LLC lifted its position in shares of Advanced Micro Devices by 12.5% in the 3rd quarter. Split Rock Private Trading & Wealth Management LLC now owns 764 shares of the semiconductor manufacturer's stock worth $468,000 after purchasing an additional 85 shares during the period. Walser Wealth Management Company A Ltd Liability Co acquired a new stake in shares of Advanced Micro Devices in the 3rd quarter worth about $434,000. Financial & Tax Architects LLC lifted its position in shares of Advanced Micro Devices by 272.1% during the third quarter. Financial & Tax Architects LLC now owns 4,209 shares of the semiconductor manufacturer's stock valued at $2,575,000 after purchasing an additional 3,078 shares in the last quarter. Fortitude Advisory Group L.L.C. raised its stake in shares of 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 purchasing an additional 348 shares during the period. Finally, AdvisorNet Financial Inc increased its position in Advanced Micro Devices by 46.2% in the third quarter. AdvisorNet Financial Inc now owns 9,454 shares of the semiconductor manufacturer's stock worth $6,183,000 after buying an additional 2,986 shares during the last quarter. Institutional investors own 71.34% of the company's stock.

Insider Activity at Advanced Micro Devices

In related news, EVP Paul Grasby sold 15,000 shares of the firm's stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $514.91, for a total value of $7,723,650.00. Following the sale, the executive vice president owned 117,687 shares in the company, valued at approximately $60,598,213.17. This trade represents a 11.30% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, EVP Jean X. Hu sold 15,000 shares of the company's stock in a transaction that occurred 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 sale, the executive vice president directly owned 160,979 shares of the company's stock, valued at approximately $76,316,924.32. This represents a 8.52% decrease in their ownership of the stock. 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. Insiders have sold 213,838 shares of company stock valued at $105,533,836 over the last quarter. 0.50% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on AMD shares. Susquehanna upped their target price on shares of Advanced Micro Devices from $450.00 to $500.00 and gave the stock a "positive" rating in a report on Thursday, July 30th. Robert W. Baird set a $1,250.00 target price on shares of Advanced Micro Devices in a report on Friday, July 24th. JPMorgan Chase & Co. lifted their price target on Advanced Micro Devices from $385.00 to $550.00 and gave the stock a "neutral" rating in a research note on Wednesday, August 5th. Roth Capital boosted their target price on Advanced Micro Devices from $500.00 to $650.00 and gave the company a "buy" rating in a research note on Friday, July 24th. Finally, Jefferies Financial Group set a $650.00 target price on shares of Advanced Micro Devices in a research report on Wednesday, August 5th. Three investment analysts have rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $603.51.

Key Headlines Impacting Advanced Micro Devices

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

Advanced Micro Devices Stock Performance

Shares of AMD opened at $528.75 on Friday. The business's fifty day simple moving average is $537.02 and its two-hundred day simple moving average is $472.22. 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, Inc. has a 12 month low of $188.22 and a 12 month high of $658.52. The company has a market cap of $863.17 billion, a price-to-earnings 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 posted its quarterly earnings results on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 earnings per share for the quarter, topping the consensus estimate of $1.62 by $0.04. Advanced Micro Devices had a return on equity of 12.30% and a net margin of 15.58%. The firm had revenue of $11.54 billion during the quarter, compared to analysts' expectations of $11.31 billion. During the same quarter in the previous year, the business earned $0.48 earnings per share. The company's revenue was up 50.1% on a year-over-year basis. Research analysts anticipate 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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