Prairie Advisory LLC Purchases 2,195 Shares of Advanced Micro Devices, Inc. $AMD

Key Points

• Prairie Advisory LLC doubled its AMD position in the third quarter, purchasing 2,195 additional shares to hold 4,380 shares valued at approximately $2.68 million.
• Institutional ownership remains substantial at 71.34%, with several investment firms increasing their stakes, including Dimensional Fund Advisors, Ferguson Wellman Capital Management and Douglas Lane & Associates.
• Analyst sentiment is broadly positive, with AMD carrying a “Moderate Buy” consensus rating and an average price target of $603.51, though the stock’s elevated valuation and risks tied to AI infrastructure spending remain concerns ahead of its expected November 3 earnings report.

Prairie Advisory LLC boosted its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 100.5% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 4,380 shares of the semiconductor manufacturer's stock after buying an additional 2,195 shares during the quarter. Prairie Advisory LLC's holdings in Advanced Micro Devices were worth $2,680,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Southpoint Capital Advisors LP increased its stake in shares of Advanced Micro Devices by 50.0% during the first quarter. Southpoint Capital Advisors LP now owns 900,000 shares of the semiconductor manufacturer's stock worth $183,087,000 after purchasing an additional 300,000 shares in the last quarter. Boomfish Wealth Group LLC purchased a new position in Advanced Micro Devices in the 1st quarter valued at about $1,193,000. Dimensional Fund Advisors LP lifted its stake in Advanced Micro Devices by 6.0% in the 1st quarter. Dimensional Fund Advisors LP now owns 5,142,516 shares of the semiconductor manufacturer's stock valued at $1,045,954,000 after buying an additional 291,165 shares in the last quarter. Ferguson Wellman Capital Management Inc. lifted its stake in Advanced Micro Devices by 6,968.7% in the 3rd quarter. Ferguson Wellman Capital Management Inc. now owns 140,313 shares of the semiconductor manufacturer's stock valued at $85,995,000 after buying an additional 138,328 shares in the last quarter. Finally, Douglas Lane & Associates LLC boosted its holdings in Advanced Micro Devices by 2,748.0% in the 3rd quarter. Douglas Lane & Associates LLC now owns 85,952 shares of the semiconductor manufacturer's stock worth $52,582,000 after buying an additional 82,934 shares during the last quarter. Hedge funds and other institutional investors own 71.34% of the company's stock.

Trending Headlines about Advanced Micro Devices

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

• Positive Sentiment: Analyst reiterates Buy rating: TD Cowen analyst Joshua Buchalter maintained a $675 price target. He estimates demand for agentic AI could drive AMD’s CPU sales approximately 70% higher next year, effectively expanding the company’s addressable market. Why AMD Stock Popped on Monday
• Positive Sentiment: AI infrastructure optimism: AMD remains a favored way to participate in AI and high-performance computing growth. Its high-precision FP64 processors are used in research, energy, medical and defense applications, including the El Capitan supercomputer. Analysts also view AMD as gaining ground against Intel in PCs. AMD Company Overview
• Positive Sentiment: Upcoming earnings expectations: AMD is expected to report third-quarter results on November 3, with projected revenue of roughly $13 billion, up about 41% year over year. The company has exceeded the high end of its own revenue guidance in each of the past two quarters, raising expectations ahead of the report. AMD Stock Is Up Over 140% This Year
• Neutral Sentiment: Market-driven rebound: AMD’s strength was part of a broader recovery in AI-related shares, with Nvidia, Intel and other semiconductor stocks also rising. This indicates improved sector sentiment but does not by itself confirm company-specific demand.
• Negative Sentiment: Valuation and financing risks remain: AMD’s substantial year-to-date rally leaves the stock priced for strong execution, while commentary around leveraged AI infrastructure financing—highlighted by CoreWeave’s difficulties—could renew concerns about customer spending, margins and the durability of AI demand. Spotlight on Levered Chip Financing

Advanced Micro Devices Price Performance

AMD traded up $12.27 during trading on Monday, reaching $541.02. The company's stock had a trading volume of 12,591,568 shares, compared to its average volume of 32,126,732. The company has a quick ratio of 1.91, a current ratio of 2.61 and a debt-to-equity ratio of 0.03. The firm has a fifty day simple moving average of $537.02 and a two-hundred day simple moving average of $474.16. Advanced Micro Devices, Inc. has a 1 year low of $188.22 and a 1 year high of $658.52. The company has a market cap of $883.20 billion, a price-to-earnings ratio of 139.12, a PEG ratio of 5.43 and a beta of 2.45.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last issued its earnings results on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 earnings per share for the quarter, topping the consensus estimate of $1.62 by $0.04. The business had revenue of $11.54 billion for the quarter, compared to analysts' expectations of $11.31 billion. Advanced Micro Devices had a return on equity of 12.30% and a net margin of 15.58%. The business's revenue for the quarter was up 50.1% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.48 EPS. As a group, analysts anticipate that Advanced Micro Devices, Inc. will post 6.49 EPS for the current year.

Analysts Set New Price Targets

AMD has been the subject of several research reports. Benchmark boosted their price objective on Advanced Micro Devices from $485.00 to $685.00 and gave the stock a "buy" rating in a research note on Wednesday, July 22nd. Morgan Stanley increased their target price on Advanced Micro Devices from $410.00 to $465.00 and gave the company an "equal weight" rating in a report on Wednesday, August 5th. Rosenblatt Securities restated a "buy" rating and issued a $700.00 target price on shares of Advanced Micro Devices in a research report on Tuesday, September 29th. UBS Group reaffirmed an "overweight" rating on shares of Advanced Micro Devices in a research note on Friday, July 24th. Finally, Susquehanna boosted their price target on Advanced Micro Devices from $450.00 to $500.00 and gave the stock a "positive" rating in a research report on Thursday, July 30th. Three analysts have rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, Advanced Micro Devices presently has an average rating of "Moderate Buy" and an average target price of $603.51.

Insider Transactions at Advanced Micro Devices

In other Advanced Micro Devices news, EVP Mark D. Papermaster sold 28,811 shares of the company'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. This represents a 2.23% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Forrest Norrod sold 17,261 shares of the company's stock in a transaction on Tuesday, September 15th. The shares were 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 owned 363,317 shares of the company's stock, valued at approximately $182,766,616.85. The trade was a 4.54% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 213,838 shares of company stock valued at $105,533,836. 0.50% of the stock is currently owned by company insiders.

Advanced Micro Devices Company 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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