Wealth Enhancement Trust Services Inc. Grows Stock Position in Advanced Micro Devices, Inc. $AMD

Key Points

• Wealth Enhancement Trust Services increased its AMD position by 14% in the third quarter, bringing its holdings to 9,786 shares valued at approximately $5.99 million. Institutional investors and hedge funds collectively own 71.34% of AMD.
• AMD insiders have been selling shares, including CEO Lisa Su’s sale of 25,000 shares for about $12.7 million. Insiders sold roughly $105.5 million of stock over the past 90 days.
• AMD shares recently fell 0.5% to $645.86, while the stock trades at a high valuation with a P/E ratio above 166. Analysts remain broadly bullish, citing strong AI-chip demand and raising price targets, though execution, supply expansion and potential dilution remain risks.

Wealth Enhancement Trust Services Inc. grew its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 14.0% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 9,786 shares of the semiconductor manufacturer's stock after purchasing an additional 1,199 shares during the quarter. Wealth Enhancement Trust Services Inc.'s holdings in Advanced Micro Devices were worth $5,987,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. JNBA Financial Advisors grew its holdings in Advanced Micro Devices by 142.9% during the 2nd quarter. JNBA Financial Advisors now owns 51 shares of the semiconductor manufacturer's stock worth $30,000 after acquiring an additional 30 shares during the last quarter. Bullseye Investment Management LLC acquired a new position in shares of Advanced Micro Devices during the second quarter worth approximately $44,000. Luminist Capital LLC bought a new stake in shares of Advanced Micro Devices during the second quarter valued at approximately $46,000. BOK Financial Private Wealth Inc. acquired a new stake in shares of Advanced Micro Devices in the second quarter valued at approximately $53,000. Finally, North Point Portfolio Managers Corp OH bought a new position in Advanced Micro Devices in the 3rd quarter worth approximately $62,000. 71.34% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, CEO Lisa T. Su sold 25,000 shares of the firm's stock in a transaction dated Thursday, September 10th. The stock was sold at an average price of $506.79, for a total transaction of $12,669,750.00. Following the sale, the chief executive officer owned 74,211 shares of the company's stock, valued at $37,609,392.69. This trade represents a 25.20% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Ava Hahn sold 2,993 shares of Advanced Micro Devices stock in a transaction dated Tuesday, August 18th. The shares were sold at an average price of $488.69, for a total value of $1,462,649.17. Following the transaction, the senior vice president owned 26,623 shares in the company, valued at $13,010,393.87. This trade represents a 10.11% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 213,838 shares of company stock worth $105,533,836 over the last 90 days. 0.50% of the stock is currently owned by corporate insiders.

Advanced Micro Devices Trading Down 0.5%

Shares of AMD stock traded down $3.56 on Wednesday, reaching $645.86. The company had a trading volume of 18,509,442 shares, compared to its average volume of 32,649,955. The stock has a market cap of $1.05 trillion, a PE ratio of 166.03, a PEG ratio of 6.55 and a beta of 2.45. The company has a 50-day moving average of $523.60 and a 200-day moving average of $455.44. The company has a current ratio of 2.61, a quick ratio of 1.91 and a debt-to-equity ratio of 0.03. Advanced Micro Devices, Inc. has a 12 month low of $188.22 and a 12 month high of $658.52.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last released its quarterly earnings data 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. Advanced Micro Devices had a net margin of 15.58% and a return on equity of 12.30%. The business had revenue of $11.54 billion for the quarter, compared to analyst estimates of $11.31 billion. During the same quarter last year, the firm earned $0.48 EPS. Advanced Micro Devices's quarterly revenue was up 50.1% compared to the same quarter last year. On average, equities analysts forecast that Advanced Micro Devices, Inc. will post 6.43 earnings per share for the current year.

Key Headlines Impacting Advanced Micro Devices

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

• Positive Sentiment: Citi raised its AMD price target by 39% to $800 and maintained a Buy rating. Analyst Atif Malik cited Meta’s Muse AI-agent initiative, which could increase demand for CPUs, GPUs, memory and networking. Other analysts have also raised targets, including Mizuho to $705. Citi’s Price Target Boost Lifts AMD Shares
• Positive Sentiment: CEO Lisa Su said AI-chip demand should remain very strong for years and that AMD plans to substantially increase supply in 2027. Her meetings with suppliers in Taiwan and South Korea, including Samsung, are aimed at securing advanced wafers and memory capacity. AMD plans to substantially increase supply
• Positive Sentiment: AMD is pursuing longer-term AI opportunities through an $8.2 billion acquisition of World Labs, while its expanding partnerships with enterprise-server provider Hewlett Packard Enterprise support broader adoption of AMD-powered AI infrastructure. AMD’s physical AI strategy
• Neutral Sentiment: AMD will report fiscal third-quarter 2026 results on November 3. Investors are likely to focus on whether data-center growth, AI-chip shipments and management’s 2027 supply expansion validate the stock’s expectations. AMD earnings announcement
• Negative Sentiment: Valuation is becoming a major concern. AMD has exceeded many analyst targets after a surge of more than 200% over the past year, while its Helios rack-scale systems and next-generation products still need to ship at scale and produce durable cash flow.
• Negative Sentiment: Rising Treasury yields are pressuring high-growth technology stocks, and broader market weakness is weighing on semiconductor shares. Investors are also monitoring potential dilution from warrants granted to Meta and OpenAI, which could cover up to 320 million shares if exercised.

Analyst Ratings Changes

A number of brokerages have commented on AMD. TD Cowen reiterated a "buy" rating on shares of Advanced Micro Devices in a research report on Wednesday, August 5th. Weiss Ratings reiterated a "hold (c+)" rating on shares of Advanced Micro Devices in a report on Monday, August 3rd. Wells Fargo & Company boosted their price objective on Advanced Micro Devices from $615.00 to $700.00 and gave the stock an "overweight" rating in a report on Wednesday, August 5th. Roth Capital upped their target price on shares of Advanced Micro Devices from $500.00 to $650.00 and gave the company a "buy" rating in a research report on Friday, July 24th. Finally, Cantor Fitzgerald reiterated an "overweight" rating on shares of Advanced Micro Devices in a research report on Monday. Three research analysts have rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $576.88.

About Advanced Micro Devices

Advanced Micro Devices, Inc NASDAQ: AMD is a semiconductor company that designs high-performance computing, graphics and adaptive computing products. Its offerings serve data centers, personal computers, gaming systems, embedded devices and other specialized markets.

AMD's product portfolio includes Ryzen processors for desktop and notebook computers, EPYC server processors, Radeon graphics products, and Instinct accelerators designed for artificial intelligence and high-performance computing workloads.

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