Andrew Hill Investment Advisors Inc. Sells 1,903 Shares of Advanced Micro Devices, Inc. $AMD

Key Points

• Andrew Hill Investment Advisors cut its AMD position by 47.6%, selling 1,903 shares and retaining 2,093 shares valued at approximately $1.28 million. Institutional investors overall own 71.34% of AMD.
• Analyst sentiment remains broadly positive, with a consensus “Moderate Buy” rating and an average price target of $606.76, despite some recent downgrades and insider selling.
• AMD reported strong quarterly results, including 50.1% year-over-year revenue growth and EPS of $1.66 versus estimates of $1.62. However, its elevated valuation— including a P/E ratio of 132.85—leaves the stock exposed to execution, competitive and macroeconomic risks.

Andrew Hill Investment Advisors Inc. decreased its position in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 47.6% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,093 shares of the semiconductor manufacturer's stock after selling 1,903 shares during the quarter. Advanced Micro Devices accounts for about 1.0% of Andrew Hill Investment Advisors Inc.'s holdings, making the stock its 29th biggest holding. Andrew Hill Investment Advisors Inc.'s holdings in Advanced Micro Devices were worth $1,280,000 at the end of the most recent reporting period.

A number of other institutional investors also recently added to or reduced their stakes in AMD. Southpoint Capital Advisors LP raised its position in shares of Advanced Micro Devices by 50.0% during the 1st 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 in the last quarter. Boomfish Wealth Group LLC purchased a new stake in shares of Advanced Micro Devices during the 1st quarter worth approximately $1,193,000. Dimensional Fund Advisors LP boosted its holdings in shares of 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 buying an additional 291,165 shares in the last quarter. Ferguson Wellman Capital Management Inc. boosted its holdings in shares of 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 buying an additional 138,328 shares in the last quarter. Finally, Douglas Lane & Associates LLC grew its position 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 last quarter. Hedge funds and other institutional investors own 71.34% of the company's stock.

Wall Street Analyst Weigh In

A number of brokerages recently weighed in on AMD. Wall Street Zen raised shares of Advanced Micro Devices from a "hold" rating to a "buy" rating in a research report on Sunday, October 4th. BMO Capital Markets began coverage on Advanced Micro Devices in a report on Thursday, August 20th. They set an "outperform" rating and a $550.00 price objective on the stock. Zacks Research downgraded Advanced Micro Devices from a "strong-buy" rating to a "hold" rating in a report on Tuesday, September 1st. Wedbush reissued an "outperform" rating and issued a $600.00 target price on shares of Advanced Micro Devices in a research report on Tuesday. Finally, Melius Research set a $660.00 price target on Advanced Micro Devices in a research note on Friday, July 24th. Three investment analysts have rated the stock with a Strong Buy rating, thirty-one have given a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $606.76.

Insider Buying and Selling

In other news, EVP Paul Grasby sold 15,000 shares of the business's stock in a transaction that occurred on 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 owned 117,687 shares of the company's stock, valued at approximately $60,598,213.17. The trade was a 11.30% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, EVP Forrest Norrod sold 17,262 shares of the company's stock in a transaction that occurred on Thursday, October 15th. The stock was sold at an average price of $540.70, for a total value of $9,333,563.40. Following the sale, the executive vice president owned 353,317 shares of the company's stock, valued at $191,038,501.90. This trade represents a 4.66% 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. In the last ninety days, insiders sold 231,100 shares of company stock worth $114,867,400. 0.50% of the stock is currently owned by insiders.

Key Stories Impacting Advanced Micro Devices

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

Advanced Micro Devices Price Performance

Shares of NASDAQ:AMD opened at $516.79 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. Advanced Micro Devices, Inc. has a one year low of $188.22 and a one year high of $658.52. The company has a 50-day simple moving average of $541.54 and a 200-day simple moving average of $483.45. The stock has a market capitalization of $843.65 billion, a price-to-earnings ratio of 132.85, a PEG ratio of 5.21 and a beta of 2.45.

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

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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