Advanced Micro Devices, Inc. $AMD Stock Purchased by Aspiriant LLC

Key Points

• Aspiriant LLC increased its AMD holdings by 241% in the third quarter, bringing its position to 2,779 shares valued at approximately $1.7 million. Institutional investors collectively own 71.34% of AMD.
• AMD shares were trading down 6% amid a broader semiconductor selloff and concerns about elevated valuation, AI spending sustainability and financing risks. The stock opened at $528.75 with a P/E ratio of 118.12.
• Recent insider sales totaled 213,838 shares worth roughly $105.5 million, while analysts maintained a generally positive outlook with a “Moderate Buy” consensus and an average price target of $603.51.

Aspiriant LLC raised its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 241.0% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 2,779 shares of the semiconductor manufacturer's stock after acquiring an additional 1,964 shares during the quarter. Aspiriant LLC's holdings in Advanced Micro Devices were worth $1,700,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of AMD. MJT & Associates Financial Advisory Group Inc. bought a new stake in Advanced Micro Devices in the third quarter valued at about $29,000. JNBA Financial Advisors lifted its stake in Advanced Micro Devices by 142.9% in the second quarter. JNBA Financial Advisors now owns 51 shares of the semiconductor manufacturer's stock valued at $30,000 after buying an additional 30 shares during the period. Graney & King LLC bought a new position in Advanced Micro Devices during the first quarter worth about $31,000. Main Street Group LTD bought a new position in Advanced Micro Devices during the first quarter worth about $33,000. Finally, Downshift Financial LLC grew its position in shares of Advanced Micro Devices by 850.0% during the 3rd quarter. Downshift Financial LLC now owns 57 shares of the semiconductor manufacturer's stock worth $35,000 after buying an additional 51 shares during the period. 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: 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

Insider Transactions at Advanced Micro Devices

In other news, SVP Ava Hahn sold 2,993 shares of the stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $488.69, for a total transaction of $1,462,649.17. Following the completion of the transaction, the senior vice president directly owned 26,623 shares in the company, valued at $13,010,393.87. This represents a 10.11% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Mark D. Papermaster sold 28,811 shares of the firm's stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $471.87, for a total value of $13,595,046.57. Following the completion of the transaction, the executive vice president owned 1,261,461 shares of the company's stock, valued at $595,245,602.07. The trade was a 2.23% 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. In the last ninety days, insiders sold 213,838 shares of company stock worth $105,533,836. 0.50% of the stock is owned by insiders.

Advanced Micro Devices Trading Down 6.0%

NASDAQ:AMD opened at $528.75 on Friday. The company has a market cap of $863.17 billion, a P/E ratio of 118.12, a price-to-earnings-growth ratio of 5.81 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 business has a 50 day moving average price of $537.02 and a two-hundred day moving average price of $472.22. The company has a quick ratio of 1.91, a current ratio of 2.61 and a debt-to-equity ratio of 0.03.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last posted its quarterly earnings data 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. The company had revenue of $11.54 billion for the quarter, compared to the consensus estimate of $11.31 billion. Advanced Micro Devices had a net margin of 15.58% and a return on equity of 12.30%. The firm's revenue was up 50.1% compared to the same quarter last year. During the same period last year, the company earned $0.48 earnings per share. As a group, analysts expect that Advanced Micro Devices, Inc. will post 6.45 EPS for the current fiscal year.

Analyst Ratings Changes

A number of analysts have recently commented on AMD shares. KeyCorp set a $650.00 price target on Advanced Micro Devices in a research note on Wednesday, August 5th. Morgan Stanley lifted their price objective on shares of Advanced Micro Devices from $410.00 to $465.00 and gave the stock an "equal weight" rating in a research note on Wednesday, August 5th. Wedbush restated an "outperform" rating and set a $600.00 price objective on shares of Advanced Micro Devices in a report on Wednesday, August 5th. DA Davidson boosted their price objective on shares of Advanced Micro Devices from $425.00 to $550.00 and gave the company a "buy" rating in a report on Wednesday, August 5th. Finally, Benchmark upped their target price on shares of Advanced Micro Devices from $485.00 to $685.00 and gave the company a "buy" rating in a research note on Wednesday, July 22nd. 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's stock. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $603.51.

Advanced Micro Devices Company 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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