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

Key Points

• McGuire Investment Group reduced its AMD position by 8.8% in the third quarter, selling 15,300 shares while retaining 158,882 shares worth approximately $97.2 million. AMD remains the firm’s largest holding, representing 8.8% of its portfolio.
• Other institutional investors increased their AMD stakes, and hedge funds and institutions collectively own 71.34% of the company. AMD recently reported 50.1% year-over-year revenue growth and exceeded quarterly EPS and revenue expectations.
• Analysts remain broadly positive, with the stock carrying a “Moderate Buy” consensus rating and an average price target of $606.76, but valuation, competition and execution risks remain significant. AMD trades at a P/E ratio above 132, while executives and other insiders have sold shares through pre-arranged trading plans.

McGuire Investment Group LLC lessened its position in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 8.8% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 158,882 shares of the semiconductor manufacturer's stock after selling 15,300 shares during the quarter. Advanced Micro Devices makes up 8.8% of McGuire Investment Group LLC's investment portfolio, making the stock its largest holding. McGuire Investment Group LLC's holdings in Advanced Micro Devices were worth $97,198,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Southpoint Capital Advisors LP increased its position in shares of Advanced Micro Devices by 50.0% during the first quarter. Southpoint Capital Advisors LP now owns 900,000 shares of the semiconductor manufacturer's stock worth $183,087,000 after acquiring an additional 300,000 shares during the period. Boomfish Wealth Group LLC acquired a new stake in Advanced Micro Devices in the 1st quarter valued at about $1,193,000. Dimensional Fund Advisors LP raised its position 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 valued at $1,045,954,000 after purchasing an additional 291,165 shares in the last quarter. Ferguson Wellman Capital Management Inc. raised its position 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 valued at $85,995,000 after purchasing an additional 138,328 shares in the last quarter. Finally, Douglas Lane & Associates LLC boosted its stake in shares of 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 valued at $52,582,000 after buying an additional 82,934 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: Analyst support is helping sentiment. AMD received an analyst upgrade, while Erste Group raised its FY2027 earnings estimate to $15.05 per share from $14.80. The company’s long-term earnings outlook is being supported by expectations for continued AI accelerator demand. AMD Stock Jumps Following Analyst Upgrade
• Positive Sentiment: AI growth remains the core bullish argument. Articles point to AMD’s hyperscaler contracts, data-center expansion and expected product cycles as potential drivers of substantial future revenue growth. AMD recently reported 50.1% year-over-year revenue growth, and analysts continue to debate whether its AI opportunity is being underestimated. AMD’s Potential May Be Underestimated
• Neutral Sentiment: Today’s strength follows a broad technology rebound. AMD and Intel recovered after a sharp semiconductor sell-off, while AMD also contributed to gains in the Invesco QQQ Trust. This suggests some of the buying reflects sector rotation and short-term dip buying rather than a change in AMD’s fundamentals. Why AMD and Intel Stocks Are Gaining
• Negative Sentiment: Valuation and execution risks remain significant. AMD has already risen sharply this year, and its high earnings multiple leaves little room for disappointment. Investors are focused on whether upcoming earnings and new AI products can validate the expectations embedded in the stock. AMD Stock Price Prediction
• Negative Sentiment: Competitive and macroeconomic pressures could limit upside. Nvidia is expanding into CPU systems traditionally dominated by AMD and Intel, while higher oil prices, interest rates and questions about AI infrastructure spending are weighing on the broader semiconductor trade. Nvidia Enters the CPU Market

Insiders Place Their Bets

In related news, EVP Forrest Norrod sold 17,262 shares of the company's stock in a transaction on Thursday, October 15th. The shares were sold at an average price of $540.70, for a total value of $9,333,563.40. Following the completion of the sale, the executive vice president owned 353,317 shares in the company, valued at $191,038,501.90. This represents a 4.66% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Lisa Su sold 70,000 shares of the stock in a transaction on Thursday, September 10th. The stock was sold at an average price of $506.80, for a total transaction of $35,476,000.00. Following the sale, the chief executive officer owned 3,032,156 shares of the company's stock, valued at approximately $1,536,696,660.80. This represents a 2.26% 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. Over the last ninety days, insiders sold 231,100 shares of company stock worth $114,867,400. Corporate insiders own 0.50% of the company's stock.

Advanced Micro Devices Stock Performance

NASDAQ:AMD opened at $516.79 on Monday. The stock's 50 day moving average price is $541.54 and its 200 day moving average price is $485.30. The company has a market capitalization of $843.64 billion, a PE ratio of 132.85, a P/E/G ratio of 5.30 and a beta of 2.45. 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, Inc. has a 52-week low of $188.22 and a 52-week high of $658.52.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last released its quarterly earnings results on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 EPS for the quarter, topping the consensus estimate of $1.62 by $0.04. The company had revenue of $11.54 billion for the quarter, compared to analyst estimates 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 revenue was up 50.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.48 earnings per share. On average, research analysts anticipate that Advanced Micro Devices, Inc. will post 6.50 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the company. CLSA reissued an "outperform" rating and set a $710.00 price objective on shares of Advanced Micro Devices in a research report on Wednesday, September 9th. TD Cowen reaffirmed a "buy" rating on shares of Advanced Micro Devices in a report on Monday, October 19th. Benchmark lifted their price target on shares of Advanced Micro Devices from $485.00 to $685.00 and gave the stock a "buy" rating in a research note on Wednesday, July 22nd. Royal Bank Of Canada reiterated a "sector perform" rating and set a $540.00 price target on shares of Advanced Micro Devices in a report on Wednesday, August 5th. Finally, Wells Fargo & Company boosted their price target on shares of Advanced Micro Devices from $615.00 to $700.00 and gave the stock an "overweight" rating in a 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 assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Advanced Micro Devices presently has an average rating of "Moderate Buy" and an average price target of $606.76.

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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