Athena Wealth Management LLC Makes New Investment in Advanced Micro Devices, Inc. $AMD

Key Points

• Athena Wealth Management acquired 1,402 AMD shares worth approximately $858,000 in the third quarter, while institutional investors and hedge funds collectively own 71.34% of the stock.
• AMD reported quarterly revenue of $11.54 billion, up 50.1% year over year, and earnings of $1.66 per share, beating consensus estimates. Analysts maintain a generally positive outlook, with a “Moderate Buy” consensus rating and an average price target of $585.26.
• AMD shares recently fell 1.6% to $610.66 amid broader semiconductor-sector pressure and valuation concerns; the stock trades at a high price-to-earnings ratio of 157, while investors await third-quarter results scheduled for November 3.

Athena Wealth Management LLC acquired a new position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 1,402 shares of the semiconductor manufacturer's stock, valued at approximately $858,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Cornerstone Financial Management LLC purchased a new position in Advanced Micro Devices in the 4th quarter worth about $27,000. MJT & Associates Financial Advisory Group Inc. purchased a new stake in Advanced Micro Devices during the third quarter valued at about $29,000. JNBA Financial Advisors boosted its holdings in shares of 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 buying an additional 30 shares during the period. Graney & King LLC purchased a new position in shares of Advanced Micro Devices in the first quarter worth approximately $31,000. Finally, Main Street Group LTD purchased a new position in shares of Advanced Micro Devices in the first quarter worth approximately $33,000. 71.34% of the stock is owned by institutional investors and hedge funds.

Advanced Micro Devices Stock Down 1.6%

Shares of AMD stock traded down $10.02 on Friday, hitting $610.66. The company's stock had a trading volume of 8,362,441 shares, compared to its average volume of 32,476,545. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.61 and a quick ratio of 1.91. Advanced Micro Devices, Inc. has a fifty-two week low of $188.22 and a fifty-two week high of $658.52. The firm's fifty day moving average price is $526.31 and its 200-day moving average price is $458.39. The stock has a market capitalization of $996.89 billion, a price-to-earnings ratio of 157.02, a P/E/G ratio of 6.69 and a beta of 2.45.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last posted its 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. Advanced Micro Devices had a net margin of 15.58% and a return on equity of 12.30%. The firm had revenue of $11.54 billion for the quarter, compared to the consensus estimate of $11.31 billion. During the same period in the prior year, the business posted $0.48 earnings per share. The business's quarterly revenue was up 50.1% on a year-over-year basis. Research analysts anticipate that Advanced Micro Devices, Inc. will post 6.43 EPS for the current year.

Advanced Micro Devices News Roundup

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

• Positive Sentiment: Industry data remains supportive: TSMC reported record quarterly revenue, up 50% year over year, signaling continued demand for AI processors from customers including AMD. Samsung also posted record profits driven by AI-memory demand. TSMC AI demand article
• Positive Sentiment: CEO Lisa Su reportedly met with Samsung and SK Hynix executives to strengthen AI-chip supply relationships. A potential Samsung foundry and memory arrangement could help AMD address constrained supply as data-center demand expands. AMD Samsung partnership article
• Positive Sentiment: Some analysts see additional upside from AMD’s expanding CPU, Instinct GPU and inference-chip businesses. Citi recently raised its target, while BNP Paribas highlighted an opportunity for further growth across AI infrastructure. AMD growth opportunity article
• Neutral Sentiment: AMD is scheduled to report third-quarter results on November 3. The release is likely to be the next major catalyst as investors look for evidence that revenue growth, AI demand and margins can justify the stock’s premium valuation. AMD earnings date article
• Negative Sentiment: Valuation is the central concern. AMD has rallied roughly 200% in 2026 and reached a market capitalization near $1 trillion, leaving investors demanding strong execution and accelerating profits. Commentary warns that the stock may be priced for near-perfect results, while some forecasts suggest 2027 could be more difficult. AMD valuation article
• Negative Sentiment: A broader semiconductor sell-off is also weighing on AMD. Rising Treasury yields and oil prices have increased concerns about inflation and interest rates, pressuring high-growth AI stocks whose valuations depend heavily on future earnings. Semiconductor sell-off article
• Negative Sentiment: ARK Invest reportedly sold approximately $14 million of AMD shares, adding a modest sentiment headwind after the stock’s steep advance. ARK Invest AMD sale article

Wall Street Analysts Forecast Growth

Several analysts recently commented on AMD shares. Truist Financial raised their price target on shares of Advanced Micro Devices from $478.00 to $594.00 and gave the stock a "buy" rating in a report on Wednesday, August 5th. Stifel Nicolaus lifted their target price on shares of Advanced Micro Devices from $635.00 to $700.00 and gave the company a "buy" rating in a research note on Monday. Citigroup boosted their price target on shares of Advanced Micro Devices from $575.00 to $800.00 and gave the company a "buy" rating in a report on Tuesday. Wedbush reiterated an "outperform" rating and set a $600.00 price objective on shares of Advanced Micro Devices in a report on Wednesday, August 5th. Finally, Mizuho lifted their price objective on Advanced Micro Devices from $580.00 to $705.00 and gave the company an "outperform" rating in a research report on Tuesday. Three research analysts have rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $585.26.

Insiders Place Their Bets

In related news, EVP Forrest Norrod sold 17,261 shares of the business's stock in a transaction that occurred on Tuesday, September 15th. The stock was sold at an average price of $503.05, for a total value of $8,683,146.05. Following the completion of the sale, the executive vice president directly owned 363,317 shares in the company, valued at approximately $182,766,616.85. The trade was a 4.54% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Mark Papermaster sold 28,811 shares of the stock in a transaction that occurred on Thursday, August 20th. The shares were sold at an average price of $471.87, for a total value of $13,595,046.57. Following the transaction, the executive vice president owned 1,261,461 shares in the company, valued at approximately $595,245,602.07. This trade represents a 2.23% decrease in their position. 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 213,838 shares of company stock worth $105,533,836 in the last three months. 0.50% of the stock is owned by insiders.

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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