Focus Partners Wealth Increases Position in Advanced Micro Devices, Inc. $AMD

Key Points

• Focus Partners Wealth raised its stake in Advanced Micro Devices (NASDAQ:AMD) by 19.4% in Q3 to 593,794 shares, worth about $98.06 million.
• AMD reported stronger‑than‑expected quarterly results with EPS of $1.53 (vs. $1.32 consensus) and revenue of $10.27 billion, up 34.1% year‑over‑year.
• Analysts remain broadly bullish—MarketBeat shows a consensus "Moderate Buy" and an average price target of $290.53, with several firms issuing Buy/Strong‑Buy ratings and targets up to $325.

Focus Partners Wealth grew its position in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 19.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 593,794 shares of the semiconductor manufacturer's stock after purchasing an additional 96,613 shares during the quarter. Focus Partners Wealth's holdings in Advanced Micro Devices were worth $98,061,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Delos Wealth Advisors LLC increased its holdings in Advanced Micro Devices by 100.0% in the third quarter. Delos Wealth Advisors LLC now owns 200 shares of the semiconductor manufacturer's stock valued at $32,000 after buying an additional 100 shares during the last quarter. Destination Wealth Management lifted its holdings in Advanced Micro Devices by 2.2% during the 3rd quarter. Destination Wealth Management now owns 11,956 shares of the semiconductor manufacturer's stock worth $1,934,000 after buying an additional 262 shares during the last quarter. Element Capital Management LLC acquired a new position in shares of Advanced Micro Devices during the 3rd quarter worth about $501,000. Elevation Point Wealth Partners LLC boosted its position in shares of Advanced Micro Devices by 160.2% during the 3rd quarter. Elevation Point Wealth Partners LLC now owns 5,217 shares of the semiconductor manufacturer's stock worth $844,000 after acquiring an additional 3,212 shares in the last quarter. Finally, Eminence Capital LP increased its holdings in shares of Advanced Micro Devices by 5.5% in the 3rd quarter. Eminence Capital LP now owns 1,493,555 shares of the semiconductor manufacturer's stock valued at $241,642,000 after acquiring an additional 77,443 shares during the last quarter. Institutional investors and hedge funds own 71.34% of the company's stock.

Analysts Set New Price Targets

AMD has been the topic of several research analyst reports. Rosenblatt Securities reissued a "buy" rating and set a $300.00 target price on shares of Advanced Micro Devices in a research report on Wednesday, February 4th. Truist Financial set a $283.00 price target on shares of Advanced Micro Devices in a research note on Wednesday, February 4th. TD Cowen reissued a "buy" rating on shares of Advanced Micro Devices in a report on Wednesday, February 25th. Phillip Securities upgraded shares of Advanced Micro Devices from a "moderate buy" rating to a "strong-buy" rating in a research report on Sunday, February 8th. Finally, Benchmark restated a "buy" rating and issued a $325.00 target price on shares of Advanced Micro Devices in a report on Wednesday, February 25th. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and ten have given a Hold rating to the company's stock. According to MarketBeat, Advanced Micro Devices presently has a consensus rating of "Moderate Buy" and an average price target of $290.53.

Advanced Micro Devices Trading Up 1.6%

NASDAQ AMD opened at $196.58 on Tuesday. The firm's fifty day moving average is $215.67 and its two-hundred day moving average is $210.63. Advanced Micro Devices, Inc. has a one year low of $76.48 and a one year high of $267.08. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.01 and a current ratio of 2.85. The firm has a market cap of $320.51 billion, a PE ratio of 74.18, a P/E/G ratio of 0.73 and a beta of 1.98.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last announced its earnings results on Tuesday, February 3rd. The semiconductor manufacturer reported $1.53 earnings per share for the quarter, topping the consensus estimate of $1.32 by $0.21. Advanced Micro Devices had a net margin of 12.52% and a return on equity of 8.84%. The business had revenue of $10.27 billion during the quarter, compared to the consensus estimate of $9.65 billion. During the same quarter in the prior year, the firm earned $1.09 earnings per share. The business's quarterly revenue was up 34.1% compared to the same quarter last year. Analysts expect that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current year.

Insider Buying and Selling

In other Advanced Micro Devices news, CEO Lisa T. Su sold 85,000 shares of Advanced Micro Devices stock in a transaction that occurred on Thursday, March 12th. The stock was sold at an average price of $198.77, for a total value of $16,895,450.00. Following the transaction, the chief executive officer directly owned 3,146,006 shares in the company, valued at approximately $625,331,612.62. This trade represents a 2.63% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Forrest Eugene Norrod sold 19,450 shares of the business's stock in a transaction that occurred on Wednesday, February 11th. The shares were sold at an average price of $216.81, for a total value of $4,216,954.50. Following the completion of the transaction, the executive vice president directly owned 289,098 shares in the company, valued at approximately $62,679,337.38. The trade was a 6.30% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 239,392 shares of company stock valued at $50,016,383 over the last 90 days. Insiders own 0.06% of the company's stock.

More Advanced Micro Devices News

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

• Positive Sentiment: Celestica partnership to commercialize "Helios" rack-scale AI platform should expand AMD's route to market for data‑center GPUs and strengthen its AI-infrastructure footprint. Celestica and AMD Announce Collaboration
• Positive Sentiment: Multi‑year IP license and settlement with Adeia removes legal overhang and gives AMD access to additional semiconductor IP — a clearance that reduces legal risk and could accelerate product development. AMD Ties Up With Adeia
• Positive Sentiment: U.S. export-policy reversal eases restrictions on advanced AI accelerator sales overseas, widening AMD's addressable market for Instinct GPUs and easing regulatory uncertainty for data‑center ramp. US Export Reversal Clears Path
• Positive Sentiment: Expanded manufacturing/assembly ties (Flex, and Celestica activity) support supply scaling for AMD Instinct platforms and reduce execution risk on large cloud/customer orders. Assessing Flex Valuation After Expanded AMD Partnership
• Positive Sentiment: Multiple analysts remain bullish on AMD's AI growth path and have reiterated favorable ratings/targets, providing support for the stock amid ongoing AI demand optimism. Analysts Stay Bullish on AI Demand
• Neutral Sentiment: Early reports that RDNA 5 GPUs show improved performance vs. prior generations could help AMD in graphics and inference workloads, but impact depends on final benchmarks and partner design wins. RDNA 5 GPUs May Even the Playing Field
• Neutral Sentiment: Reported short interest data shows no meaningful change (no indication of a large short squeeze or build), so short‑interest dynamics are not a current driver.
• Negative Sentiment: CEO Lisa Su sold 85,000 shares (~$16.9M at reported average price), part of a broader pattern of insider selling that some investors view as a near‑term headwind for sentiment. SEC filing: Insider Sale SEC Filing
• Negative Sentiment: Some Wall Street voices (Goldman, D.A. Davidson) and macro factors (oil‑supply driven market volatility) have flagged near‑term risks and estimate caution, which could pressure the stock if growth expectations are trimmed. Analyst Caution Oil Supply Disruptions and Chip Stocks

About Advanced Micro Devices

Advanced Micro Devices, Inc NASDAQ: AMD is a global semiconductor company that designs and sells microprocessors, graphics processors, chipsets and adaptive computing solutions for a broad set of markets. The company's product portfolio includes consumer and commercial CPUs under the Ryzen and Threadripper brands, data center processors under the EPYC brand, and Radeon graphics processing units for gaming and professional visualization. AMD also offers semi-custom system-on-chip (SoC) products for gaming consoles and other specialized applications, and provides supporting software and platform technologies for OEMs, cloud service providers and end users.

Founded in 1969, AMD has evolved from a supplier of logic chips into a diversified, fabless semiconductor designer.

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