DUTCH ASSET Corp Purchases 1,610 Shares of Advanced Micro Devices, Inc. $AMD

Key Points

• DUTCH ASSET Corp increased its AMD holdings by 4.2% in the third quarter, buying 1,610 additional shares for a total of 39,870 shares valued at approximately $24.4 million. AMD now represents 11.4% of the fund’s portfolio, its largest position.
• AMD reported strong quarterly results, with $1.66 in EPS and $11.54 billion in revenue, surpassing estimates and marking 50.1% year-over-year revenue growth. Institutional investors own 71.34% of the company.
• Analyst sentiment remains positive, with a consensus “Moderate Buy” rating and an average price target of $603.51, although AMD’s high valuation and recent insider stock sales remain notable risks.

DUTCH ASSET Corp raised its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 4.2% in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 39,870 shares of the semiconductor manufacturer's stock after acquiring an additional 1,610 shares during the period. Advanced Micro Devices makes up 11.4% of DUTCH ASSET Corp's holdings, making the stock its largest position. DUTCH ASSET Corp's holdings in Advanced Micro Devices were worth $24,391,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. West Branch Capital LLC boosted its position in shares of Advanced Micro Devices by 2.0% during the third quarter. West Branch Capital LLC now owns 9,075 shares of the semiconductor manufacturer's stock worth $5,552,000 after buying an additional 178 shares during the period. Bank Pictet & Cie Europe AG raised its stake in Advanced Micro Devices by 2.9% in the 3rd quarter. Bank Pictet & Cie Europe AG now owns 243,937 shares of the semiconductor manufacturer's stock valued at $149,231,000 after acquiring an additional 6,876 shares during the period. Cornerstone National Bank & Trust Co increased its stake in shares of Advanced Micro Devices by 11.1% during the third quarter. Cornerstone National Bank & Trust Co now owns 391 shares of the semiconductor manufacturer's stock worth $241,000 after purchasing an additional 39 shares during the period. 55 North Private Wealth LLC grew its stake in shares of Advanced Micro Devices by 1.3% in the third quarter. 55 North Private Wealth LLC now owns 2,713 shares of the semiconductor manufacturer's stock valued at $1,660,000 after acquiring an additional 36 shares in the last quarter. Finally, Boyd Wealth Management LLC bought a new stake in shares of Advanced Micro Devices in the third quarter valued at approximately $347,000. Institutional investors and hedge funds own 71.34% of the company's stock.

Advanced Micro Devices Price Performance

Shares of Advanced Micro Devices stock opened at $534.74 on Wednesday. The stock has a market capitalization of $872.95 billion, a P/E ratio of 137.47, a price-to-earnings-growth ratio of 5.52 and a beta of 2.45. The business's 50 day simple moving average is $539.60 and its two-hundred day simple moving average is $478.81. 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 one year low of $188.22 and a one year high of $658.52.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last announced its earnings results on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 EPS for the quarter, beating analysts' consensus estimates of $1.62 by $0.04. Advanced Micro Devices had a return on equity of 12.30% and a net margin of 15.58%. The company had revenue of $11.54 billion during the quarter, compared to the consensus estimate of $11.31 billion. During the same quarter in the prior year, the company earned $0.48 earnings per share. The firm's revenue for the quarter was up 50.1% on a year-over-year basis. Analysts forecast that Advanced Micro Devices, Inc. will post 6.50 EPS for the current year.

Analyst Upgrades and Downgrades

AMD has been the topic of several research analyst reports. BMO Capital Markets started coverage on Advanced Micro Devices in a research note on Thursday, August 20th. They issued an "outperform" rating and a $550.00 price objective on the stock. Argus lifted their price objective on Advanced Micro Devices from $450.00 to $625.00 and gave the stock a "buy" rating in a research report on Thursday, August 6th. Morgan Stanley raised their price objective on Advanced Micro Devices from $410.00 to $465.00 and gave the company an "equal weight" rating in a research note on Wednesday, August 5th. Bank of America raised their price target on shares of Advanced Micro Devices from $620.00 to $720.00 and gave the company a "buy" rating in a research report on Friday, September 25th. Finally, Benchmark raised 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. Three analysts have rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $603.51.

Insider Buying and Selling at Advanced Micro Devices

In related news, CEO Lisa Su sold 70,000 shares of the company's stock in a transaction that occurred 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 $1,536,696,660.80. This represents a 2.26% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Forrest Norrod sold 17,262 shares of the stock in a transaction 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 completion of the sale, the executive vice president directly owned 353,317 shares in the company, valued at approximately $191,038,501.90. This represents a 4.66% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 231,100 shares of company stock valued at $114,867,400. 0.50% of the stock is currently owned by company insiders.

Trending Headlines about Advanced Micro Devices

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

• Positive Sentiment: Analyst support remains firm: Wedbush reaffirmed its “Outperform” rating and set a $600 price target. Earlier, TD Cowen maintained a Buy rating with a $675 target, citing potential agentic-AI demand and roughly 70% growth in AMD’s CPU sales next year. Wedbush AMD rating
• Positive Sentiment: Growth expectations remain elevated: AMD is expected to report approximately $13 billion in third-quarter revenue, up about 41% year over year, ahead of its anticipated November 3 earnings report. The company has exceeded the high end of its guidance in each of the past two quarters. AMD earnings expectations
• Positive Sentiment: Sector rebound signals: Semiconductor stocks recovered from an early sell-off as AI jitters eased. Falling short interest in leveraged semiconductor funds and increased institutional buying suggest some investors view the recent weakness as a temporary pullback rather than a deterioration in chip demand. Chip stocks recover as AI jitters fade
• Neutral Sentiment: OpenAI fundraising highlights ongoing AI demand: OpenAI is reportedly seeking roughly $30 billion at a valuation above $1.4 trillion. However, the disclosed financing support centers on Nvidia, offering no direct new business commitment to AMD and underscoring intense competitive pressure in AI infrastructure. OpenAI fundraising and chip stocks
• Negative Sentiment: Valuation is a major overhang: After rising more than 155% this year, AMD trades at a very high earnings multiple, making the stock vulnerable to profit-taking and any disappointment in AI growth, margins or execution. Analysts have questioned whether the Helios ramp and future earnings can justify the valuation. AMD AI opportunity and valuation
• Negative Sentiment: AI bubble and financing concerns persist: Reports citing semiconductor declines, leveraged AI financing and uncertainty over data-center spending have revived fears that the AI buildout could slow or produce margin pressure. An executive’s $9.3 million Rule 10b5-1 stock sale adds a modest negative sentiment signal, although he retained a substantial position.

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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