Advanced Micro Devices, Inc. $AMD Stock Holdings Lowered by Nisa Investment Advisors LLC

Key Points

• Nisa Investment Advisors reduced its AMD stake by 0.6% in the third quarter, selling 2,438 shares and retaining 425,561 shares valued at approximately $260.3 million. Institutional investors 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. The company’s AI and data-center momentum has prompted several analysts to raise price targets, with a consensus target of $606.76.
• AMD shares opened at $552.72 and trade at a demanding P/E ratio of 142.09, leaving the stock exposed to disappointing AI demand, revenue growth or margins. Recent insider sales add another area of investor focus, though some transactions were made under pre-arranged plans or to cover taxes.

Nisa Investment Advisors LLC lessened its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 0.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 425,561 shares of the semiconductor manufacturer's stock after selling 2,438 shares during the period. Advanced Micro Devices comprises about 0.7% of Nisa Investment Advisors LLC's portfolio, making the stock its 12th largest holding. Nisa Investment Advisors LLC's holdings in Advanced Micro Devices were worth $260,341,000 at the end of the most recent quarter.

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

Advanced Micro Devices Stock Performance

NASDAQ:AMD opened at $552.72 on Thursday. The company has a market cap of $902.30 billion, a P/E ratio of 142.09, a P/E/G ratio of 5.49 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 company's 50-day moving average price is $541.00 and its 200-day moving average price is $481.17. 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 announced its quarterly earnings data on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 earnings per share (EPS) for the quarter, beating 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 company had revenue of $11.54 billion during the quarter, compared to analysts' expectations of $11.31 billion. During the same quarter in the prior year, the company earned $0.48 EPS. Advanced Micro Devices's revenue was up 50.1% compared to the same quarter last year. On average, sell-side analysts forecast that Advanced Micro Devices, Inc. will post 6.50 earnings per share for the current fiscal year.

More Advanced Micro Devices News

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

• Positive Sentiment: Higher analyst price target: Susquehanna raised its AMD target from $550 to $620 and maintained a positive rating, citing continued AI and data-center momentum. Wedbush also reaffirmed an Outperform rating with a $600 target.
• Positive Sentiment: Expanding AI infrastructure footprint: Vultr plans to deploy AMD Instinct MI355X GPUs in a 20-megawatt supercluster in Chennai, India. The project would become India’s largest AMD Instinct deployment and strengthens AMD’s position in enterprise and sovereign AI computing. Vultr and AMD Expand Global Collaboration
• Positive Sentiment: Long-term AI opportunity: Coverage highlighted AMD’s planned $8.2 billion investment in emerging AI applications such as robotics, simulation and physical AI. Analysts also view AMD’s server CPU business as a beneficiary of agentic-AI growth, while Anthropic’s large computing commitments reinforce expectations for sustained infrastructure spending.
• Positive Sentiment: Sector tailwinds: Strong updates from Super Micro Computer and SpaceX helped ease concerns about an AI-spending slowdown, lifting major semiconductor names. AMD also contributed to gains in the Nasdaq-100 and broad-market ETFs. Why Nvidia, AMD and Intel Stocks Are Surging
• Neutral Sentiment: Competitive positioning: Investor coverage continues to compare AMD with Nvidia, emphasizing AMD’s exposure to CPUs, GPUs and data-center infrastructure as potential ways to benefit from an AI buildout that may have several years left to run.
• Negative Sentiment: Valuation and earnings risk: AMD has risen sharply this year and trades at a demanding earnings multiple. Investors are focused on the November 3 quarterly report, with the stock vulnerable to disappointment in revenue growth, margins or AI demand guidance. After a 137% Run, Is AMD Priced for Perfection?
• Negative Sentiment: Insider selling: EVP Forrest Norrod sold 17,262 shares worth about $9.3 million under a pre-arranged Rule 10b5-1 plan. Because he retained a substantial position, the transaction is a limited rather than decisive negative signal.

Analyst Ratings Changes

Several equities research analysts have commented on the company. Stifel Nicolaus boosted their price objective on Advanced Micro Devices from $635.00 to $700.00 and gave the stock a "buy" rating in a research note on Monday, October 5th. Wall Street Zen upgraded Advanced Micro Devices from a "hold" rating to a "buy" rating in a research report on Sunday, October 4th. Raymond James Financial upgraded Advanced Micro Devices from an "outperform" rating to a "strong-buy" rating and raised their target price for the company from $565.00 to $641.00 in a research report on Tuesday, August 25th. Robert W. Baird set a $1,250.00 price target on Advanced Micro Devices in a research note on Friday, July 24th. Finally, Truist Financial boosted their price target on Advanced Micro Devices from $478.00 to $594.00 and gave the stock a "buy" rating in a research report on Wednesday, August 5th. Three analysts have rated the stock with a Strong Buy rating, thirty-one have given a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $606.76.

Insiders Place Their Bets

In other news, EVP Paul Grasby sold 15,000 shares of the business's stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $514.91, for a total transaction of $7,723,650.00. Following the transaction, the executive vice president directly owned 117,687 shares in the company, valued at $60,598,213.17. The trade was a 11.30% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, EVP Mark Papermaster sold 28,811 shares of the business's stock in a transaction that occurred on Thursday, August 20th. The stock was sold at an average price of $471.87, for a total value of $13,595,046.57. Following the transaction, the executive vice president owned 1,261,461 shares in the company, valued at approximately $595,245,602.07. This represents a 2.23% 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. Over the last three months, insiders sold 231,100 shares of company stock worth $114,867,400. 0.50% of the stock is currently owned by insiders.

About Advanced Micro Devices

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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