Advanced Micro Devices, Inc. $AMD Stock Sold by Investment House LLC

Key Points

• Investment House LLC reduced its AMD position by 15.6% in the third quarter, selling 5,825 shares and retaining 31,530 shares worth approximately $19.3 million. Institutional investors collectively own 71.34% of AMD.
• AMD continues to benefit from strong expected AI demand, including Vultr’s planned 20-megawatt MI355X GPU supercluster in India. Analysts remain broadly bullish, with a consensus “Moderate Buy” rating and an average price target of $606.76.
• Valuation and competition remain key risks: AMD trades at a P/E ratio above 130, while Nvidia’s planned CPU offerings and broader chip-market weakness could pressure its competitive position and share price.

Investment House LLC lessened its position in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 15.6% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 31,530 shares of the semiconductor manufacturer's stock after selling 5,825 shares during the period. Advanced Micro Devices comprises 0.8% of Investment House LLC's portfolio, making the stock its 21st largest holding. Investment House LLC's holdings in Advanced Micro Devices were worth $19,289,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. MJT & Associates Financial Advisory Group Inc. purchased a new stake in shares of Advanced Micro Devices in the third quarter valued at $29,000. JNBA Financial Advisors increased 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 purchasing an additional 30 shares during the last quarter. Graney & King LLC acquired a new position in Advanced Micro Devices in the first quarter valued at $31,000. Main Street Group LTD purchased a new position in Advanced Micro Devices during the first quarter worth about $33,000. Finally, Downshift Financial LLC lifted its position in Advanced Micro Devices by 850.0% during the third 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. Hedge funds and other institutional investors own 71.34% of the company's stock.

Advanced Micro Devices News Roundup

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

• Positive Sentiment: AMD continues to receive support from expected long-term AI demand. Vultr is expanding its AMD-powered infrastructure with a 20-megawatt MI355X GPU supercluster in India, while additional physical-AI and robotics projects could broaden the company’s opportunity beyond traditional data centers. Vultr and AMD Expand Global Collaboration
• Positive Sentiment: Analyst support remains a counterweight to the sell-off. Susquehanna raised its AMD price target from $550 to $620 with a positive rating, and Wedbush reaffirmed an Outperform view, citing server CPU demand and potential data-center upside. Susquehanna AMD price target
• Neutral Sentiment: Nvidia’s planned standalone CPU and Supermicro’s 256-CPU Vera rack highlight growing competition in a market historically led by AMD and Intel. The development validates demand for CPUs in agentic AI workloads but could pressure AMD’s competitive position. Nvidia enters the CPU market
• Negative Sentiment: Renewed attacks in Saudi Arabia pushed oil prices higher, intensifying inflation and interest-rate concerns. Higher financing costs could make the capital-intensive AI infrastructure build-out more difficult to sustain, particularly as Meta’s cash spending caused investors to question the durability of the AI boom. Why AMD Stock Fell
• Negative Sentiment: A broader chip sell-off was amplified by supply-chain warnings and weakness in the PC market, overshadowing bullish AI data-center forecasts. Investors are also cautious because AMD has already experienced substantial gains and trades at a demanding valuation, leaving less room for disappointing guidance. AMD stock drops in chip sell-off

Insiders Place Their Bets

In other news, EVP Paul Grasby sold 15,000 shares of Advanced Micro Devices stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $514.91, for a total value of $7,723,650.00. Following the transaction, the executive vice president directly owned 117,687 shares of the company's stock, valued at $60,598,213.17. The trade was a 11.30% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Lisa Su sold 70,000 shares of the business's stock in a transaction dated Thursday, September 10th. The stock was sold at an average price of $506.80, for a total value of $35,476,000.00. Following the sale, the chief executive officer owned 3,032,156 shares of the company's stock, valued at $1,536,696,660.80. The trade was a 2.26% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 231,100 shares of company stock worth $114,867,400. 0.50% of the stock is owned by insiders.

Advanced Micro Devices Price Performance

Shares of Advanced Micro Devices stock opened at $507.93 on Friday. Advanced Micro Devices, Inc. has a twelve month low of $188.22 and a twelve month high of $658.52. The stock has a market capitalization of $829.18 billion, a P/E ratio of 130.57, a PEG ratio of 5.67 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. The business's fifty day moving average price is $541.49 and its 200 day moving average price is $483.21.

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 (EPS) for the quarter, beating analysts' consensus estimates of $1.62 by $0.04. The firm had revenue of $11.54 billion during the quarter, compared to the consensus estimate of $11.31 billion. Advanced Micro Devices had a return on equity of 12.30% and a net margin of 15.58%. The firm's quarterly revenue was up 50.1% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.48 earnings per share. As a group, research analysts anticipate that Advanced Micro Devices, Inc. will post 6.50 earnings per share for the current year.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on AMD shares. Cantor Fitzgerald reissued an "overweight" rating on shares of Advanced Micro Devices in a research note on Monday, October 5th. Weiss Ratings raised shares of Advanced Micro Devices from a "hold (c+)" rating to a "buy (b-)" rating in a research note on Thursday, October 8th. Stifel Nicolaus increased their price objective on shares of Advanced Micro Devices from $635.00 to $700.00 and gave the stock a "buy" rating in a report on Monday, October 5th. Zacks Research lowered shares of Advanced Micro Devices from a "strong-buy" rating to a "hold" rating in a report on Tuesday, September 1st. Finally, Wells Fargo & Company raised their target price on shares of Advanced Micro Devices from $615.00 to $700.00 and gave the stock an "overweight" rating in a research report on Wednesday, August 5th. Three 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 issued a Sell rating to the company. According to MarketBeat, Advanced Micro Devices presently has a consensus rating of "Moderate Buy" and a consensus price target of $606.76.

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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