Advanced Micro Devices, Inc. $AMD Stock Position Raised by Pension & Wealth Management Advisors Inc.

Key Points

• Institutional ownership increased: Pension & Wealth Management Advisors raised its AMD position by 1,418.7% in the third quarter to 3,660 shares valued at $2.25 million. Other institutions also added shares, with institutional investors collectively owning 71.34% of AMD.
• Strong quarterly results: AMD reported $1.66 in quarterly EPS and $11.54 billion in revenue, exceeding analyst estimates and marking 50.1% year-over-year revenue growth.
• Valuation and trading risks remain: AMD shares recently traded at $528.75, with a price-to-earnings ratio of 135.93, while insiders sold $105.5 million worth of stock over the past 90 days. Analysts nonetheless maintain a “Moderate Buy” consensus with an average price target of $603.51.

Pension & Wealth Management Advisors Inc. grew its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 1,418.7% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 3,660 shares of the semiconductor manufacturer's stock after acquiring an additional 3,419 shares during the quarter. Pension & Wealth Management Advisors Inc.'s holdings in Advanced Micro Devices were worth $2,247,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of AMD. Annex Advisory Services LLC increased its holdings in shares of Advanced Micro Devices by 17.7% during the third quarter. Annex Advisory Services LLC now owns 2,343 shares of the semiconductor manufacturer's stock valued at $1,433,000 after acquiring an additional 352 shares in the last quarter. BFI Infinity Ltd. purchased a new position in shares of Advanced Micro Devices in the 3rd quarter valued at approximately $214,000. Goldstein Advisors LLC boosted its stake in Advanced Micro Devices by 59.2% in the 3rd quarter. Goldstein Advisors LLC now owns 2,125 shares of the semiconductor manufacturer's stock worth $1,300,000 after purchasing an additional 790 shares in the last quarter. ACT Advisors LLC. grew its position in Advanced Micro Devices by 13.2% during the 3rd quarter. ACT Advisors LLC. now owns 713 shares of the semiconductor manufacturer's stock worth $436,000 after purchasing an additional 83 shares during the last quarter. Finally, Paragon Capital Management Inc. grew its position in Advanced Micro Devices by 13.3% during the 3rd quarter. Paragon Capital Management Inc. now owns 5,396 shares of the semiconductor manufacturer's stock worth $3,301,000 after purchasing an additional 632 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 traded down $33.48 on Friday, hitting $528.75. 22,459,807 shares of the company's stock traded hands, compared to its average volume of 21,726,654. The firm's 50-day moving average price is $537.02 and its two-hundred day moving average price is $472.22. The firm has a market capitalization of $863.17 billion, a PE ratio of 135.93, a P/E/G ratio of 5.81 and a beta of 2.45. 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 1-year low of $188.22 and a 1-year high of $658.52.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last released its quarterly earnings data on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 earnings per share 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 analyst estimates of $11.31 billion. During the same quarter in the prior year, the business earned $0.48 earnings per share. The business's quarterly revenue was up 50.1% compared to the same quarter last year. As a group, analysts expect that Advanced Micro Devices, Inc. will post 6.45 EPS for the current year.

Insider Buying and Selling

In other Advanced Micro Devices news, EVP Forrest Norrod sold 17,261 shares of the company's stock in a transaction on Tuesday, September 15th. The shares were sold at an average price of $503.05, for a total value of $8,683,146.05. Following the sale, the executive vice president directly owned 363,317 shares of the company's stock, valued at approximately $182,766,616.85. This represents a 4.54% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Ava Hahn sold 2,993 shares of Advanced Micro Devices stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $488.69, for a total value of $1,462,649.17. Following the transaction, the senior vice president owned 26,623 shares of the company's stock, valued at $13,010,393.87. The trade was a 10.11% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 213,838 shares of company stock valued at $105,533,836 in the last 90 days. 0.50% of the stock is currently owned by insiders.

Trending Headlines about 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

Analyst Upgrades and Downgrades

A number of brokerages have issued reports on AMD. CLSA restated an "outperform" rating and set a $710.00 price target on shares of Advanced Micro Devices in a research note on Wednesday, September 9th. Weiss Ratings upgraded shares of Advanced Micro Devices from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Thursday, October 8th. Royal Bank Of Canada reissued a "sector perform" rating and set a $540.00 price objective on shares of Advanced Micro Devices in a report on Wednesday, August 5th. Wells Fargo & Company upped their target price on Advanced Micro Devices from $615.00 to $700.00 and gave the company an "overweight" rating in a research report on Wednesday, August 5th. Finally, Cantor Fitzgerald restated an "overweight" rating on shares of Advanced Micro Devices in a research note on Monday, October 5th. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Advanced Micro Devices currently has a consensus rating of "Moderate Buy" and a consensus target price of $603.51.

About Advanced Micro Devices

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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