Advanced Micro Devices, Inc. $AMD Shares Sold by Stableford Capital II LLC

Stableford Capital II LLC lessened its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 26.0% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 2,554 shares of the semiconductor manufacturer’s stock after selling 898 shares during the quarter. Stableford Capital II LLC’s holdings in Advanced Micro Devices were worth $1,562,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the company. BlackRock Inc. lifted its holdings in shares of Advanced Micro Devices by 3.1% during the second quarter. BlackRock Inc. now owns 150,301,510 shares of the semiconductor manufacturer’s stock worth $87,311,650,000 after purchasing an additional 4,535,126 shares during the period. State Street Corp increased its holdings in Advanced Micro Devices by 2.9% in the 2nd quarter. State Street Corp now owns 76,920,783 shares of the semiconductor manufacturer’s stock worth $46,606,266,000 after buying an additional 2,149,563 shares during the period. Bank of America Corp DE purchased a new position in Advanced Micro Devices during the 2nd quarter worth approximately $7,022,226,000. Jennison Associates LLC raised its position in Advanced Micro Devices by 5.8% during the 2nd quarter. Jennison Associates LLC now owns 9,972,952 shares of the semiconductor manufacturer’s stock worth $5,793,388,000 after buying an additional 545,575 shares during the last quarter. Finally, Wellington Management Group LLP raised its position in Advanced Micro Devices by 33.9% during the 2nd quarter. Wellington Management Group LLP now owns 9,334,396 shares of the semiconductor manufacturer’s stock worth $5,422,444,000 after buying an additional 2,365,419 shares during the last quarter. 71.34% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts have recently commented on the stock. Susquehanna upped their price objective on shares of Advanced Micro Devices from $450.00 to $500.00 and gave the company a “positive” rating in a report on Thursday, July 30th. Bank of America raised their target price on shares of Advanced Micro Devices from $620.00 to $720.00 and gave the stock a “buy” rating in a report on Friday, September 25th. Loop Capital upgraded shares of Advanced Micro Devices to a “strong-buy” rating in a research report on Tuesday, June 16th. DA Davidson upped their price target on shares of Advanced Micro Devices from $425.00 to $550.00 and gave the company a “buy” rating in a report on Wednesday, August 5th. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Advanced Micro Devices in a report on Monday, August 3rd. Three analysts have rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $585.26.

Key Headlines Impacting Advanced Micro Devices

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

• Positive Sentiment: CEO Lisa Su reportedly met with Samsung Electronics and SK Hynix executives to explore foundry, memory and supply-chain partnerships. Additional access to advanced manufacturing and high-bandwidth memory could help AMD meet demand for its AI accelerators. How to Play AMD Stock as It Continues to Explore a Foundry Partnership With a Korean Tech Giant
• Positive Sentiment: TSMC reported third-quarter revenue of approximately $46.7 billion, up 50% year over year, reinforcing that demand for AI processors from customers including AMD remains robust. Broader data-center expansion forecasts and AMD-powered server launches also support the company’s long-term growth opportunity. Nvidia, AMD, Intel stocks despite record AI demand
• Positive Sentiment: Citi raised its AMD price target by 39%, while other analysts have highlighted opportunities in AI accelerators, CPUs, inference chips and rack-scale systems. These bullish views suggest potential upside if AMD converts large AI commitments into repeat deployments and stronger cash flow. Citi’s Price Target Boost Lifts AMD Shares
• Neutral Sentiment: AMD scheduled its third-quarter earnings release for November 3, giving investors a near-term catalyst. The market will focus on AI data-center revenue, supply availability, margins and forward guidance.
• Negative Sentiment: AMD’s elevated valuation—reported at roughly 160 times earnings—has made the stock vulnerable to rising Treasury yields and oil prices. Intel, Nvidia and other semiconductor shares also fell, indicating a broad sector selloff rather than an AMD-specific announcement. Why are Intel and AMD stocks plunging?
• Negative Sentiment: ARK Invest sold approximately $14 million of AMD shares, adding to concerns about profit-taking after the stock’s substantial rally. Reports also note consistent recent insider selling, although such transactions may reflect planned diversification rather than a change in business outlook. Cathie Wood sold $18.7M of SpaceX and AMD

Advanced Micro Devices Price Performance

Shares of NASDAQ AMD opened at $620.68 on Friday. The stock has a market capitalization of $1.01 trillion, a price-to-earnings ratio of 159.56, a PEG ratio of 6.69 and a beta of 2.45. Advanced Micro Devices, Inc. has a 12 month low of $188.22 and a 12 month high of $658.52. The firm’s 50 day simple moving average is $526.31 and its 200-day simple moving average is $458.39. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.61 and a quick ratio of 1.91.

Advanced Micro Devices (NASDAQ:AMD) last posted its earnings results on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 earnings per share for the quarter, beating 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 firm had revenue of $11.54 billion during the quarter, compared to analyst estimates of $11.31 billion. During the same period in the previous year, the firm earned $0.48 EPS. The business’s quarterly revenue was up 50.1% on a year-over-year basis. Analysts expect that Advanced Micro Devices, Inc. will post 6.43 EPS for the current year.

Insider Activity at Advanced Micro Devices

In other Advanced Micro Devices news, SVP Ava Hahn sold 2,993 shares of Advanced Micro Devices stock in a transaction on 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 completion of the transaction, the senior vice president owned 26,623 shares of the company’s stock, valued at approximately $13,010,393.87. The trade was a 10.11% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Lisa Su sold 25,000 shares of the company’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 completion of the transaction, the chief executive officer owned 74,211 shares of the company’s stock, valued at approximately $37,609,392.69. This trade represents a 25.20% 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 valued at $105,533,836 in the last quarter. 0.50% of the stock is currently owned by insiders.

Advanced Micro Devices Company Profile

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.