Advanced Micro Devices, Inc. $AMD Stock: Noesis Capital Mangement Corp Increases Holdings

Key Points

• Noesis Capital Management increased its AMD holdings by 1.4% in the third quarter to 97,096 shares valued at approximately $59.4 million, making AMD the fund’s second-largest position. Institutional investors collectively own 71.34% of AMD.
• AMD is benefiting from strong AI infrastructure demand, with analysts highlighting Meta-related spending and growth in AMD’s EPYC server CPU business as potential catalysts. The stock has a consensus “Moderate Buy” rating and an average price target of $606.76.
• Valuation and competition remain key risks: AMD trades at a high price-to-earnings ratio of 136.58, while Nvidia and other chipmakers continue to challenge its growth prospects. Company insiders sold shares recently, though some transactions were tied to tax withholding or pre-arranged trading plans.

Noesis Capital Mangement Corp grew its position in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 1.4% in the third quarter, according to its most recent filing with the SEC. The fund owned 97,096 shares of the semiconductor manufacturer's stock after acquiring an additional 1,350 shares during the period. Advanced Micro Devices accounts for approximately 7.0% of Noesis Capital Mangement Corp's investment portfolio, making the stock its 2nd biggest position. Noesis Capital Mangement Corp's holdings in Advanced Micro Devices were worth $59,399,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the company. Equity Wealth Partners LLC increased its holdings in Advanced Micro Devices by 30.2% in the 3rd quarter. Equity Wealth Partners LLC now owns 1,957 shares of the semiconductor manufacturer's stock worth $1,197,000 after purchasing an additional 454 shares in the last quarter. Peterson Wealth Services raised its position in Advanced Micro Devices by 440.2% in the third quarter. Peterson Wealth Services now owns 21,344 shares of the semiconductor manufacturer's stock valued at $13,057,000 after purchasing an additional 17,393 shares during the last quarter. Motive Wealth Advisors raised its position in Advanced Micro Devices by 4.1% in the third quarter. Motive Wealth Advisors now owns 2,039 shares of the semiconductor manufacturer's stock valued at $1,247,000 after purchasing an additional 81 shares during the last quarter. Leo Wealth LLC bought a new position in Advanced Micro Devices in the third quarter valued at about $1,890,000. Finally, Apollon Wealth Management LLC boosted its stake in shares of Advanced Micro Devices by 2.3% during the third quarter. Apollon Wealth Management LLC now owns 105,353 shares of the semiconductor manufacturer's stock valued at $64,451,000 after purchasing an additional 2,376 shares in the last quarter. Institutional investors and hedge funds own 71.34% of the company's stock.

Key Advanced Micro Devices News

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

• Positive Sentiment: Meta’s AI financing plan supports demand visibility. Meta plans up to $95 billion in stock-related financing for AI infrastructure, with AMD, Nvidia and Broadcom reportedly considering up to $5 billion in combined purchases of Meta shares. The plan signals continued, large-scale spending by a major AMD customer and AI ecosystem partner. Meta equity offerings article
• Positive Sentiment: Analysts see server CPU growth as a key earnings catalyst. Wedbush identified rising AI-computing demand as a potential driver for AMD’s EPYC server CPU business ahead of the company’s November 3 earnings release. Investors are also focused on whether AMD’s Helios rack-scale AI strategy can expand its opportunity beyond GPUs into CPUs and inference workloads. Wedbush server CPU demand article
• Positive Sentiment: Semiconductor-sector momentum provided additional support. AMD participated in a broader rally following AI-related announcements from Meta and Anthropic, while strong moves in other chip stocks reinforced optimism around AI infrastructure spending. Chip stocks rally article
• Neutral Sentiment: Trading data showed no reported short interest. The October 26 report listed AMD short interest at zero shares and a zero-day short ratio. That could indicate limited short-selling pressure, although the figure may reflect a reporting or data issue rather than a meaningful change in investor positioning.
• Negative Sentiment: Valuation and competitive risks remain significant. Commentary noted that AMD has rallied sharply this year, while Nvidia continues to lead in margins and data-center scale. With AMD trading at a high valuation, investors may demand strong execution and upbeat guidance; competition from Nvidia, Broadcom, Marvell and newer AI-chip companies could limit further gains. AMD and Nvidia valuation article

Insiders Place Their Bets

In other Advanced Micro Devices news, EVP Paul Grasby sold 15,000 shares of the company's stock in a transaction on Monday, August 17th. The shares were sold at an average price of $514.91, for a total transaction of $7,723,650.00. Following the sale, the executive vice president owned 117,687 shares of the company's stock, valued at approximately $60,598,213.17. This represents a 11.30% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through 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 stock in a transaction dated 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 sale, the executive vice president owned 1,261,461 shares of the company's stock, valued at approximately $595,245,602.07. The trade was 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. Insiders have sold 231,100 shares of company stock valued at $114,867,400 over the last quarter. Company insiders own 0.50% of the company's stock.

Analyst Ratings Changes

Several research analysts have recently issued reports on AMD shares. Jefferies Financial Group set a $650.00 price objective on Advanced Micro Devices in a research note on Wednesday, August 5th. Mizuho lifted their target price on shares of Advanced Micro Devices from $580.00 to $705.00 and gave the stock an "outperform" rating in a research report on Tuesday, October 6th. Bank of America lifted their target price on shares of Advanced Micro Devices from $620.00 to $720.00 and gave the stock a "buy" rating in a research report on Friday, September 25th. William Blair reissued a "market perform" rating on shares of Advanced Micro Devices in a report on Friday, July 24th. Finally, Truist Financial upped their price target on shares of Advanced Micro Devices from $478.00 to $594.00 and gave the company a "buy" rating in a research report on Wednesday, August 5th. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $606.76.

Advanced Micro Devices Stock Performance

NASDAQ:AMD opened at $531.28 on Tuesday. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.91 and a current ratio of 2.61. Advanced Micro Devices, Inc. has a fifty-two week low of $188.22 and a fifty-two week high of $658.52. The company has a 50 day simple moving average of $542.28 and a two-hundred day simple moving average of $400.69. The company has a market capitalization of $867.30 billion, a PE ratio of 136.58, a P/E/G ratio of 5.30 and a beta of 2.45.

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

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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