VestGen Advisors LLC Acquires 4,787 Shares of Advanced Micro Devices, Inc. $AMD

Key Points

• VestGen Advisors increased its AMD holdings by 23.5% in the third quarter, purchasing 4,787 additional shares for a total of 25,189 shares valued at $15.41 million. Institutional investors and hedge funds collectively own 71.34% of AMD.
• AMD’s AI growth outlook strengthened through a planned $1 billion investment in Meta and expanded infrastructure partnership, while analysts raised price targets and maintained broadly positive ratings.
• Despite strong quarterly results and a 50.1% year-over-year revenue increase, AMD faces risks from its elevated valuation— including a P/E ratio of 148.70—competition from Nvidia, potential margin pressure, and recent insider selling.

VestGen Advisors LLC boosted its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 23.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 25,189 shares of the semiconductor manufacturer's stock after purchasing an additional 4,787 shares during the quarter. VestGen Advisors LLC's holdings in Advanced Micro Devices were worth $15,410,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of AMD. Heritage Wealth Management Inc. CA grew its stake in shares of Advanced Micro Devices by 5.8% during the 3rd quarter. Heritage Wealth Management Inc. CA now owns 1,313 shares of the semiconductor manufacturer's stock worth $803,000 after purchasing an additional 72 shares during the period. Beacon Bank & Trust purchased a new position in shares of Advanced Micro Devices in the 3rd quarter valued at about $217,000. BLB&B Advisors LLC increased its holdings in shares of Advanced Micro Devices by 40.0% in the 3rd quarter. BLB&B Advisors LLC now owns 1,712 shares of the semiconductor manufacturer's stock valued at $1,047,000 after purchasing an additional 489 shares in the last quarter. Parametrica Management Ltd acquired a new stake in shares of Advanced Micro Devices in the third quarter valued at about $2,447,000. Finally, M & L Capital Management Ltd lifted its stake in shares of Advanced Micro Devices by 3,332.4% in the third quarter. M & L Capital Management Ltd now owns 58,350 shares of the semiconductor manufacturer's stock valued at $35,696,000 after purchasing an additional 56,650 shares during the period. Institutional investors and hedge funds own 71.34% of the company's stock.

Key Advanced Micro Devices News

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

• Positive Sentiment: AMD will invest $1 billion in Meta’s equity offering as the companies expand their AI infrastructure relationship. Meta is testing AMD Helios rack-scale systems, uses EPYC processors and Instinct GPUs, and plans to deploy a customized Instinct accelerator. The agreement strengthens AMD’s visibility with a major hyperscaler and supports the company’s strategy of competing with Nvidia in AI computing. AMD to Invest $1 Billion in Meta as Companies Expand AI Infrastructure Partnership
• Positive Sentiment: Investors are positioning ahead of the November 3 earnings report. Expectations call for continued data-center momentum from EPYC server CPUs and Instinct AI accelerators, while AMD’s agreements with Meta and OpenAI covering potentially large GPU deployments reinforce the growth outlook. Dear AMD Stock Fans, Mark Your Calendar for November 3
• Positive Sentiment: Susquehanna raised its AMD price target to $650 from $620 and maintained a positive rating. Aletheia Capital separately lifted its target to $800 with a Buy rating, reflecting optimism about AI and data-center growth. Susquehanna Adjusts Price Target on Advanced Micro Devices to $650 From $620
• Neutral Sentiment: AMD also benefited from a broader semiconductor rally after strong results from SK Hynix, lifting sentiment across AI-chip stocks. AMD, Broadcom, and Micron Stocks Lead Chip Sector Higher
• Negative Sentiment: Valuation remains a key risk. Commentary notes AMD’s rapid run-up, high earnings multiple and increasing competition from Nvidia, while ARK Invest has continued selling AMD shares. Higher TSMC wafer and advanced-packaging prices could also pressure AMD’s margins if costs cannot be passed to customers. Taiwan Semiconductor Flexes Pricing Power on AI’s Frontline

Advanced Micro Devices Stock Up 3.2%

AMD stock opened at $578.44 on Thursday. The company has a 50 day moving average price of $545.58 and a two-hundred day moving average price of $405.90. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.91 and a current ratio of 2.61. The stock has a market capitalization of $944.29 billion, a P/E ratio of 148.70, a PEG ratio of 5.30 and a beta of 2.45. 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 quarterly earnings data on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 EPS for the quarter, beating analysts' consensus estimates of $1.62 by $0.04. The business had revenue of $11.54 billion during the quarter, compared to the consensus estimate 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% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.48 earnings per share. As a group, sell-side analysts expect that Advanced Micro Devices, Inc. will post 6.50 EPS for the current year.

Insider Transactions at Advanced Micro Devices

In other Advanced Micro Devices news, SVP Ava Hahn sold 2,993 shares of the firm's stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $488.69, for a total value of $1,462,649.17. Following the sale, the senior vice president directly owned 26,623 shares of the company's stock, valued at approximately $13,010,393.87. This trade represents a 10.11% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Mark Papermaster sold 28,811 shares of Advanced Micro Devices stock in a transaction dated 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 completion of the sale, the executive vice president owned 1,261,461 shares of the company's stock, valued at $595,245,602.07. This trade represents a 2.23% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 231,100 shares of company stock worth $114,867,400 in the last quarter. 0.50% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several research analysts have weighed in on the stock. Rosenblatt Securities restated a "buy" rating and set a $700.00 target price on shares of Advanced Micro Devices in a research report on Tuesday, September 29th. CLSA reiterated an "outperform" rating and set a $710.00 price target on shares of Advanced Micro Devices in a research report on Wednesday, September 9th. Benchmark boosted their price target 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 upped their price target on Advanced Micro Devices from $410.00 to $465.00 and gave the stock an "equal weight" rating in a report on Wednesday, August 5th. Finally, Wall Street Zen upgraded Advanced Micro Devices from a "hold" rating to a "buy" rating in a report on Sunday, October 4th. Three investment analysts have rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, Advanced Micro Devices currently has an average rating of "Moderate Buy" and a consensus price target of $607.57.

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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