Apella Capital LLC Purchases 1,327 Shares of Advanced Micro Devices, Inc. $AMD

Key Points

• Apella Capital increased its AMD position by 15.6% in the third quarter, purchasing 1,327 additional shares and bringing its holdings to 9,851 shares valued at approximately $6.36 million. Institutional investors own 71.34% of AMD.
• AMD reported quarterly adjusted earnings of $1.66 per share and revenue of $11.54 billion, exceeding analyst estimates; revenue rose 50.1% year over year. The stock opened at $620.68, near its 52-week high, with a market capitalization of about $1.01 trillion.
• Analyst sentiment remains broadly positive, with an average “Moderate Buy” rating and a $585.26 price target, though AMD’s elevated valuation and sensitivity to interest rates pose risks. AI infrastructure demand remains a key growth driver, while the company’s November 3 earnings report is the next major catalyst.

Apella Capital LLC grew its position in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 15.6% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 9,851 shares of the semiconductor manufacturer's stock after purchasing an additional 1,327 shares during the period. Apella Capital LLC's holdings in Advanced Micro Devices were worth $6,362,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the company. First Citizens Financial Corp boosted its stake in shares of Advanced Micro Devices by 3.4% during the 3rd quarter. First Citizens Financial Corp now owns 490 shares of the semiconductor manufacturer's stock worth $300,000 after buying an additional 16 shares during the last quarter. Private Client Services LLC increased its position in shares of Advanced Micro Devices by 1.7% in the third quarter. Private Client Services LLC now owns 1,079 shares of the semiconductor manufacturer's stock valued at $660,000 after acquiring an additional 18 shares during the last quarter. Box Hill Private Wealth LLC raised its holdings in Advanced Micro Devices by 2.5% during the third quarter. Box Hill Private Wealth LLC now owns 794 shares of the semiconductor manufacturer's stock worth $486,000 after acquiring an additional 19 shares in the last quarter. Baring Financial LLC raised its holdings in Advanced Micro Devices by 4.5% during the third quarter. Baring Financial LLC now owns 491 shares of the semiconductor manufacturer's stock worth $300,000 after acquiring an additional 21 shares in the last quarter. Finally, First National Bank of Hutchinson raised its holdings in Advanced Micro Devices by 0.4% during the second quarter. First National Bank of Hutchinson now owns 5,639 shares of the semiconductor manufacturer's stock worth $3,276,000 after acquiring an additional 22 shares in the last quarter. 71.34% of the stock is currently owned by institutional investors.

Advanced Micro Devices Stock Performance

Shares of AMD stock opened at $620.68 on Friday. Advanced Micro Devices, Inc. has a 52 week low of $188.22 and a 52 week high of $658.52. The company has a market capitalization of $1.01 trillion, a price-to-earnings ratio of 159.56, a PEG ratio of 6.69 and a beta of 2.45. The company has a 50-day simple moving average of $526.31 and a 200 day simple moving average of $458.39. 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 (NASDAQ:AMD - Get Free Report) last released its quarterly 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 for the quarter, compared to analysts' expectations of $11.31 billion. Advanced Micro Devices had a net margin of 15.58% and a return on equity of 12.30%. The business's revenue was up 50.1% on a year-over-year basis. During the same period in the prior year, the firm earned $0.48 EPS. On average, sell-side analysts predict that Advanced Micro Devices, Inc. will post 6.43 earnings per share for the current year.

Trending Headlines about Advanced Micro Devices

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

• Positive Sentiment: Goldman Sachs raised its 2026 U.S. data-center capacity forecast by 5 gigawatts to 64GW and expects capacity to reach 90GW in 2027. The continued expansion of AI infrastructure supports long-term demand for AMD’s CPUs and accelerators. Ways AI Data Center Capacity Will Reach 90GW by 2027
• Positive Sentiment: TSMC reported third-quarter revenue of approximately $46.7 billion, up 50% year over year, signaling that demand for AI processors from customers including AMD remains robust. AMD’s data-center revenue was also reported at $6.7 billion, up 107% annually. Nvidia, AMD, Intel stocks despite record AI demand
• Positive Sentiment: CEO Lisa Su’s discussions with Samsung and SK Hynix could improve AMD’s access to memory and manufacturing capacity as AI supply constraints persist. The company is also linked to open Ethernet data-center infrastructure initiatives with Arista, Broadcom, Meta and Microsoft. AMD CEO says continues to explore foundry partnership with Samsung
• Neutral Sentiment: AMD scheduled its third-quarter earnings release for November 3, giving investors a near-term catalyst. The report will be important for assessing whether AI commitments are translating into sustained deployments, cash flow and margins. AMD Stock Slips Despite Setting a Date for Q3 Earnings
• Negative Sentiment: Higher Treasury yields and oil prices intensified a broader equity and semiconductor selloff, reducing investor appetite for richly valued AI stocks. AMD’s elevated valuation makes its shares particularly sensitive to changes in interest-rate expectations. Why are Intel and AMD stocks plunging
• Negative Sentiment: Analysts and commentators cautioned that AMD’s market capitalization and recent rally may already price in substantial AI success. Delivering on future products, including rack-scale systems, and converting customer commitments into recurring revenue will be necessary to justify further gains. AMD’s Valuation Is Ruffling Feathers on Wall Street

Insider Buying and Selling at Advanced Micro Devices

In related news, EVP Mark Papermaster sold 28,811 shares of the business's stock in a transaction on Thursday, August 20th. The stock was sold at an average price of $471.87, for a total value of $13,595,046.57. Following the completion of the sale, the executive vice president directly owned 1,261,461 shares in the company, valued at $595,245,602.07. The trade was a 2.23% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Ava Hahn sold 2,993 shares of the company's stock in a transaction on Tuesday, August 18th. The shares were sold at an average price of $488.69, for a total value 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 approximately $13,010,393.87. This represents a 10.11% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 213,838 shares of company stock worth $105,533,836 in the last 90 days. Company insiders own 0.50% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on AMD. Mizuho boosted their target price on shares of Advanced Micro Devices from $580.00 to $705.00 and gave the stock an "outperform" rating in a report on Tuesday. Argus increased their price target on shares of Advanced Micro Devices from $450.00 to $625.00 and gave the company a "buy" rating in a research note on Thursday, August 6th. Truist Financial lifted their price objective on shares of Advanced Micro Devices from $478.00 to $594.00 and gave the company a "buy" rating in a research report on Wednesday, August 5th. Wall Street Zen upgraded shares of Advanced Micro Devices from a "hold" rating to a "buy" rating in a research note on Sunday, October 4th. Finally, JPMorgan Chase & Co. upped their target price on shares of Advanced Micro Devices from $385.00 to $550.00 and gave the company a "neutral" rating in a report on Wednesday, August 5th. Three research analysts have rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $585.26.

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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