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

Key Points

• Soltis Investment Advisors cut its AMD position by 95.8% in the third quarter, selling 183,677 shares and retaining 8,106 shares valued at approximately $4.96 million. Institutional investors collectively own 71.34% of AMD.
• AMD reported quarterly EPS of $1.66 and revenue of $11.54 billion, exceeding analyst estimates, with revenue up 50.1% year over year. Analysts maintain a “Moderate Buy” consensus rating and an average price target of $607.57.
• AMD shares opened at $566.42, near their 52-week high, but the stock’s elevated valuation—145.61 times earnings—leaves limited room for disappointment. Investors are watching AI infrastructure demand, supply constraints, margins and upcoming earnings guidance.

Soltis Investment Advisors LLC decreased its position in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 95.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,106 shares of the semiconductor manufacturer's stock after selling 183,677 shares during the period. Soltis Investment Advisors LLC's holdings in Advanced Micro Devices were worth $4,959,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in the company. DecisionPoint Financial LLC lifted its holdings in Advanced Micro Devices by 79.2% in the third quarter. DecisionPoint Financial LLC now owns 43 shares of the semiconductor manufacturer's stock valued at $26,000 after acquiring an additional 19 shares during the last quarter. MJT & Associates Financial Advisory Group Inc. purchased a new position in Advanced Micro Devices in the third quarter worth approximately $29,000. JNBA Financial Advisors grew its position in Advanced Micro Devices by 142.9% in the second quarter. JNBA Financial Advisors now owns 51 shares of the semiconductor manufacturer's stock worth $30,000 after acquiring an additional 30 shares during the period. Graney & King LLC acquired a new stake in Advanced Micro Devices during the first quarter worth $31,000. Finally, Main Street Group LTD acquired a new stake in Advanced Micro Devices during the first quarter worth $33,000. Institutional investors and hedge funds own 71.34% of the company's stock.

Advanced Micro Devices Stock Performance

NASDAQ:AMD opened at $566.42 on Friday. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.91 and a current ratio of 2.61. The stock has a market capitalization of $924.67 billion, a P/E ratio of 145.61, a PEG ratio of 5.94 and a beta of 2.45. The company has a 50 day moving average price of $547.58 and a 200 day moving average price of $407.71. Advanced Micro Devices, Inc. has a fifty-two week low of $188.22 and a fifty-two week high of $658.52.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last posted its earnings results on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 earnings per share for the quarter, beating the consensus estimate 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 net margin of 15.58% and a return on equity of 12.30%. The firm's revenue for the quarter was up 50.1% on a year-over-year basis. During the same quarter last year, the firm earned $0.48 EPS. Equities research analysts forecast that Advanced Micro Devices, Inc. will post 6.50 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts have commented on the company. Bank of America lifted their target price on Advanced Micro Devices from $620.00 to $720.00 and gave the company a "buy" rating in a research report on Friday, September 25th. Wall Street Zen upgraded Advanced Micro Devices from a "hold" rating to a "buy" rating in a report on Sunday, October 4th. Robert W. Baird set a $1,250.00 price target on Advanced Micro Devices in a report on Friday, July 24th. Susquehanna raised their price objective on Advanced Micro Devices from $620.00 to $650.00 and gave the stock a "positive" rating in a research report on Wednesday. Finally, Cantor Fitzgerald restated an "overweight" rating on shares of Advanced Micro Devices in a report on Monday, October 5th. Three research analysts have rated the stock with a Strong Buy rating, thirty-one have given a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company's stock. Based on data from MarketBeat.com, Advanced Micro Devices currently has an average rating of "Moderate Buy" and a consensus price target of $607.57.

Key Stories Impacting Advanced Micro Devices

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

• Positive Sentiment: AMD expanded its partnership with Meta Platforms, including a planned $1 billion investment in Meta and multi-generation co-design of Instinct GPUs, EPYC processors and Helios rack-scale systems. The agreement covers Meta’s gigawatt-scale AI infrastructure and could support significant future chip demand. AMD Meta partnership article
• Positive Sentiment: Meta’s deployment of AMD hardware for AI models, along with reported agreements involving OpenAI and Anthropic, reinforces AMD’s position as a major alternative to Nvidia in the data-center accelerator market. AMD AI partnership article
• Positive Sentiment: Analysts expect AMD’s upcoming third-quarter results and outlook to benefit from continued demand for EPYC server CPUs and Instinct AI accelerators. Susquehanna also raised its price target to $650 and maintained a positive rating. AMD earnings preview
• Neutral Sentiment: AMD is scheduled to report earnings on November 3. After a powerful year-to-date rally, investors will likely focus less on a quarterly beat and more on 2027 data-center revenue expectations, supply availability, margins and forward guidance. AMD valuation and earnings article
• Negative Sentiment: Jefferies warned that AMD’s demanding valuation and potential supply constraints could limit near-term upside, even if the company beats estimates and raises guidance. Taiwan Semiconductor’s higher wafer and advanced-packaging prices also create a potential margin risk for AMD. Jefferies AMD outlook
• Negative Sentiment: Semiconductor stocks came under pressure after Alphabet’s results highlighted the enormous expense of AI infrastructure, while lighter-than-expected spending signals from major technology companies raised concerns about the sustainability and returns of the AI investment cycle. AI infrastructure market reaction
• Negative Sentiment: AMD’s valuation leaves little room for disappointment after its substantial rally, and ARK Invest’s continued reduction of its AMD position adds a modest negative sentiment signal.

Insider Buying and Selling at Advanced Micro Devices

In related news, CEO Lisa T. Su sold 70,000 shares of the business's stock in a transaction on 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 in the company, valued at approximately $1,536,696,660.80. The trade was a 2.26% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Jean X. Hu sold 15,000 shares of the stock in a transaction dated Tuesday, August 25th. The stock was sold at an average price of $474.08, for a total value of $7,111,200.00. Following the transaction, the executive vice president directly owned 160,979 shares in the company, valued at approximately $76,316,924.32. The trade was a 8.52% 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 90 days, insiders sold 231,100 shares of company stock valued at $114,867,400. Corporate insiders own 0.50% of the company's stock.

Advanced Micro Devices 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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