Waverton Investment Management Ltd Has $280.98 Million Stock Holdings in Advanced Micro Devices, Inc. $AMD

Key Points

• Waverton Investment Management trimmed its AMD stake by 4.2% in Q3 and now owns 1,736,942 shares valued at $280.98 million, representing about 3.6% of its portfolio and its 11th largest holding.
• AMD beat expectations for the quarter with EPS of $1.53 (vs. $1.32 est.) and revenue of $10.27 billion, up 34.1% year‑over‑year.
• Near‑term catalysts include reports of a potential Meta stake and a U.S. manufacturing deal with Flex, while analysts have raised price targets and the consensus rating is a "Moderate Buy" with a $290.53 target.

Waverton Investment Management Ltd lowered its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 4.2% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,736,942 shares of the semiconductor manufacturer's stock after selling 75,289 shares during the period. Advanced Micro Devices comprises about 3.6% of Waverton Investment Management Ltd's investment portfolio, making the stock its 11th biggest holding. Waverton Investment Management Ltd owned 0.11% of Advanced Micro Devices worth $280,976,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Koesten Hirschmann & Crabtree INC. increased its position in Advanced Micro Devices by 61.0% in the 3rd quarter. Koesten Hirschmann & Crabtree INC. now owns 161 shares of the semiconductor manufacturer's stock worth $26,000 after purchasing an additional 61 shares during the last quarter. ORG Wealth Partners LLC lifted its stake in Advanced Micro Devices by 39.7% in the third quarter. ORG Wealth Partners LLC now owns 162 shares of the semiconductor manufacturer's stock valued at $26,000 after acquiring an additional 46 shares during the last quarter. Pinney & Scofield Inc. raised its holdings in shares of Advanced Micro Devices by 81.0% during the 2nd quarter. Pinney & Scofield Inc. now owns 190 shares of the semiconductor manufacturer's stock valued at $27,000 after purchasing an additional 85 shares in the last quarter. Aviso Financial Inc. increased its position in Advanced Micro Devices by 400.0% during the third quarter. Aviso Financial Inc. now owns 200 shares of the semiconductor manufacturer's stock worth $32,000 after buying an additional 160 shares during the last quarter. Finally, Signature Resources Capital Management LLC raised its holdings in Advanced Micro Devices by 170.4% during the third quarter. Signature Resources Capital Management LLC now owns 219 shares of the semiconductor manufacturer's stock valued at $35,000 after buying an additional 138 shares in the last quarter. 71.34% of the stock is currently owned by hedge funds and other institutional investors.

Advanced Micro Devices News Roundup

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

• Positive Sentiment: Flex will manufacture AMD’s Instinct platform in the U.S., strengthening domestic supply, shortening lead times for AI accelerators and supporting customer demand for onshore AI infrastructure. Flex Announces U.S. Manufacturing Collaboration with AMD
• Positive Sentiment: Reports that Meta may take up to a 10% stake as part of a major multi‑year AI chip pact (and related deals tying AMD to Meta and Nutanix) increase the visibility of a large, recurring data‑center revenue stream and could include performance‑linked equity incentives. Confirmation would be a major catalyst. Meta to take potential 10 per cent stake in AMD
• Positive Sentiment: Mizuho raised its price target on AMD, signaling bullish analyst sentiment that can support buying interest and validate management’s AI growth narrative. Mizuho Raises PT on Advanced Micro Devices
• Positive Sentiment: AMD expanded its Ryzen AI 400 and Ryzen AI PRO 400 desktop/mobile portfolio (Copilot+ support), broadening consumer and enterprise AI PC offerings and creating another channel for AI silicon revenue outside data centers. AMD Gives Consumers and Businesses More AI PC Options
• Positive Sentiment: Wind River (Aptiv) announced a strategic collaboration with AMD to deliver a unified Open RAN + AI‑RAN platform, extending AMD’s reach into telco infrastructure and edge AI workloads. This validates AMD’s positioning for telecom AI compute. Wind River Announces Strategic Collaboration with AMD
• Neutral Sentiment: GSMA’s Open Telco AI initiative lists AMD as a compute provider — a positive signal of ecosystem adoption but early stage; commercial impact will depend on operator deployments. GSMA launches Open Telco AI
• Neutral Sentiment: ASML’s roadmap for next‑gen lithography underscores continued industry investment in advanced nodes — broadly positive for chipmakers dependent on TSMC/Intel but not an immediate AMD‑specific catalyst. Exclusive-ASML plots future of chipmaking tools for AI beyond EUV
• Neutral Sentiment: Super Micro launched EPYC‑powered high‑density AI servers, signaling continued demand for AMD EPYC in AI servers but reflecting partner execution rather than a direct AMD product announcement. Super Micro Links High Density AI Servers

Analysts Set New Price Targets

Several research firms have recently issued reports on AMD. Loop Capital set a $290.00 price target on Advanced Micro Devices and gave the stock a "buy" rating in a research note on Wednesday, November 5th. Truist Financial set a $283.00 target price on Advanced Micro Devices in a research report on Wednesday, February 4th. Stifel Nicolaus increased their price target on Advanced Micro Devices from $240.00 to $280.00 and gave the company a "buy" rating in a report on Wednesday, November 5th. Benchmark reaffirmed a "buy" rating and issued a $325.00 price target on shares of Advanced Micro Devices in a research report on Wednesday, February 25th. Finally, Evercore reiterated an "outperform" rating and issued a $358.00 price objective on shares of Advanced Micro Devices in a research note on Tuesday, February 24th. One equities research analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and ten have issued a Hold rating to the company. According to MarketBeat.com, Advanced Micro Devices has a consensus rating of "Moderate Buy" and a consensus target price of $290.53.

Advanced Micro Devices Stock Down 1.7%

NASDAQ AMD opened at $200.21 on Monday. Advanced Micro Devices, Inc. has a twelve month low of $76.48 and a twelve month high of $267.08. The stock has a market cap of $326.42 billion, a PE ratio of 75.55, a PEG ratio of 0.76 and a beta of 1.94. The firm has a 50-day simple moving average of $219.59 and a 200 day simple moving average of $208.39. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.01 and a current ratio of 2.85.

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, beating the consensus estimate of $1.32 by $0.21. Advanced Micro Devices had a return on equity of 8.84% and a net margin of 12.52%.The firm had revenue of $10.27 billion for the quarter, compared to analyst estimates of $9.65 billion. During the same period in the previous year, the company posted $1.09 earnings per share. The company's quarterly revenue was up 34.1% compared to the same quarter last year. On average, research analysts forecast that Advanced Micro Devices, Inc. will post 3.87 EPS for the current year.

Insider Transactions at Advanced Micro Devices

In other Advanced Micro Devices news, CEO Lisa T. Su sold 125,000 shares of the company's stock in a transaction on Thursday, December 11th. The stock was sold at an average price of $215.14, for a total value of $26,892,500.00. Following the sale, the chief executive officer directly owned 3,277,476 shares in the company, valued at $705,116,186.64. This represents a 3.67% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, SVP Ava Hahn sold 2,442 shares of the company's stock in a transaction dated Friday, January 16th. The stock was sold at an average price of $234.42, for a total transaction of $572,453.64. Following the completion of the sale, the senior vice president directly owned 16,359 shares in the company, valued at approximately $3,834,876.78. The trade was a 12.99% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 271,892 shares of company stock valued at $58,476,908. Company insiders own 0.06% of the company's stock.

Advanced Micro Devices Company 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.