Magnetar Financial LLC Raises Position in Advanced Micro Devices, Inc. $AMD

Key Points

• Magnetar Financial LLC increased its stake in Advanced Micro Devices (AMD) by 69.7% in Q3 to 9,975 shares, valued at approximately $1.614 million.
• Company insiders sold 146,892 shares worth about $31.6 million in the last quarter, including SVP Ava Hahn (2,442 shares) and CEO Lisa T. Su, who sold 125,000 shares for roughly $26.8 million (a 3.81% reduction in her holding).
• AMD topped quarterly expectations (EPS $1.53 vs $1.32 est.; revenue $10.27B, +34.1% YoY) and struck a multi‑year licensing deal with Adeia while pursuing memory supply partnerships in South Korea to bolster its AI packaging roadmap.

Magnetar Financial LLC lifted its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 69.7% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 9,975 shares of the semiconductor manufacturer's stock after purchasing an additional 4,096 shares during the quarter. Magnetar Financial LLC's holdings in Advanced Micro Devices were worth $1,614,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in AMD. HHM Wealth Advisors LLC increased its holdings in shares of Advanced Micro Devices by 2.4% during the third quarter. HHM Wealth Advisors LLC now owns 1,742 shares of the semiconductor manufacturer's stock valued at $282,000 after acquiring an additional 40 shares in the last quarter. HBK Sorce Advisory LLC boosted its stake in Advanced Micro Devices by 0.3% in the 3rd quarter. HBK Sorce Advisory LLC now owns 13,404 shares of the semiconductor manufacturer's stock worth $2,169,000 after purchasing an additional 43 shares in the last quarter. Wilmington Savings Fund Society FSB grew its position in Advanced Micro Devices by 0.5% during the 3rd quarter. Wilmington Savings Fund Society FSB now owns 8,706 shares of the semiconductor manufacturer's stock worth $1,409,000 after purchasing an additional 43 shares during the last quarter. Moseley Investment Management Inc. grew its position in Advanced Micro Devices by 0.5% during the 3rd quarter. Moseley Investment Management Inc. now owns 8,883 shares of the semiconductor manufacturer's stock worth $1,437,000 after purchasing an additional 44 shares during the last quarter. Finally, OneAscent Family Office LLC raised its holdings in shares of Advanced Micro Devices by 2.6% in the third quarter. OneAscent Family Office LLC now owns 1,755 shares of the semiconductor manufacturer's stock worth $284,000 after buying an additional 44 shares during the last quarter. 71.34% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Advanced Micro Devices

In related news, SVP Ava Hahn sold 2,442 shares of the business's stock in a transaction on Friday, January 16th. The shares were sold at an average price of $234.42, for a total value of $572,453.64. Following the completion of the sale, the senior vice president owned 16,359 shares of the company's stock, valued at approximately $3,834,876.78. The trade was a 12.99% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Lisa T. Su sold 125,000 shares of the company's stock in a transaction on Wednesday, February 11th. The stock was sold at an average price of $214.36, for a total transaction of $26,795,000.00. Following the transaction, the chief executive officer owned 3,152,476 shares of the company's stock, valued at $675,764,755.36. This represents a 3.81% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 146,892 shares of company stock valued at $31,584,408. 0.06% of the stock is owned by company insiders.

Key Advanced Micro Devices News

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

• Positive Sentiment: AMD struck a multi‑year patent/licensing agreement with Adeia, resolving litigation and giving AMD access to hybrid‑bonding and packaging IP that should strengthen its advanced packaging roadmap and edge AI product positioning. AMD Patent Truce And AI Push Reframe Long Term Growth Story
• Positive Sentiment: CEO Lisa Su’s trip to South Korea to meet Samsung (and other partners) is aimed at securing high‑bandwidth memory supply and deeper collaboration — a tactical move to protect AI chip production capacity. AMD CEO to meet Samsung chief in South Korea amid race for AI memory chips
• Neutral Sentiment: Analyst/commentary pieces continue to rate AMD as a top growth/AI play and present bullish option strategies for investors, reflecting sustained interest but also divergent views on valuation and timing. AMD is a Top-Ranked Growth Stock
• Negative Sentiment: Meta announced plans to deploy multiple in‑house AI chips by 2027, an effort to reduce reliance on external suppliers like AMD for certain data‑center workloads — a potential longer‑term headwind for server GPU/AI compute demand. Meta plans new in-house AI chips
• Negative Sentiment: Near‑term share weakness was amplified by broader market risk‑off (rising oil and geopolitical tensions in the Persian Gulf), which pushed semiconductor and AI stocks down and drew attention away from CEO trips and long‑term catalysts. Why is AMD stock falling ahead of Lisa Su’s trip?

Advanced Micro Devices Price Performance

Shares of Advanced Micro Devices stock opened at $197.74 on Friday. The firm has a market cap of $322.40 billion, a PE ratio of 74.62, a P/E/G ratio of 0.77 and a beta of 1.98. Advanced Micro Devices, Inc. has a twelve month low of $76.48 and a twelve month high of $267.08. The company has a quick ratio of 2.01, a current ratio of 2.85 and a debt-to-equity ratio of 0.04. The business has a 50-day moving average price of $216.76 and a 200 day moving average price of $209.62.

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

Analysts Set New Price Targets

Several equities research analysts have recently commented on the stock. Mizuho lifted their price objective on shares of Advanced Micro Devices from $275.00 to $280.00 and gave the stock an "outperform" rating in a research note on Wednesday, February 25th. The Goldman Sachs Group boosted their price target on Advanced Micro Devices from $210.00 to $240.00 and gave the company a "neutral" rating in a research note on Wednesday, February 25th. Jefferies Financial Group reiterated a "buy" rating on shares of Advanced Micro Devices in a research note on Tuesday, February 24th. Evercore reiterated an "outperform" rating and set a $358.00 price target on shares of Advanced Micro Devices in a research report on Tuesday, February 24th. Finally, Rosenblatt Securities restated a "buy" rating and issued a $300.00 price objective on shares of Advanced Micro Devices in a research report on Wednesday, February 4th. One analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and ten have given a Hold rating to the company's stock. According to data from MarketBeat.com, Advanced Micro Devices has an average rating of "Moderate Buy" and a consensus price target of $290.53.

Advanced Micro Devices Profile

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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