3,233 Advanced Micro Devices, Inc. $AMD Shares Purchased by StoneX Group Inc.

StoneX Group Inc. boosted its position in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 26.3% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 15,534 shares of the semiconductor manufacturer’s stock after buying an additional 3,233 shares during the period. StoneX Group Inc.’s holdings in Advanced Micro Devices were worth $8,970,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently bought and sold shares of the company. Bank of America Corp DE purchased a new stake in shares of Advanced Micro Devices in the 2nd quarter valued at $7,022,226,000. BlackRock Inc. raised 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 last quarter. Jupiter Topco LLC purchased a new position in shares of Advanced Micro Devices during the second quarter worth $2,084,651,000. Wellington Management Group LLP lifted its position in Advanced Micro Devices by 33.9% during the second quarter. Wellington Management Group LLP now owns 9,334,396 shares of the semiconductor manufacturer’s stock valued at $5,422,444,000 after purchasing an additional 2,365,419 shares during the period. Finally, State Street Corp lifted its position in Advanced Micro Devices by 2.9% during the second quarter. State Street Corp now owns 76,920,783 shares of the semiconductor manufacturer’s stock valued at $46,606,266,000 after purchasing an additional 2,149,563 shares during the period. Hedge funds and other institutional investors own 71.34% of the company’s stock.

Advanced Micro Devices Stock Performance

Shares of NASDAQ AMD opened at $449.04 on Friday. The company’s fifty day moving average price is $546.81 and its 200 day moving average price is $414.98. 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 capitalization of $736.46 billion, a PE ratio of 97.62, a price-to-earnings-growth ratio of 4.56 and a beta of 2.49. The company has a debt-to-equity ratio of 0.10, a quick ratio of 1.91 and a current ratio of 2.72.

Advanced Micro Devices (NASDAQ:AMD) last released its quarterly earnings results on Tuesday, November 3rd. The semiconductor manufacturer reported $2.09 EPS for the quarter, beating the consensus estimate of $1.95 by $0.14. Advanced Micro Devices had a net margin of 16.77% and a return on equity of 14.15%. The company had revenue of $13.38 billion for the quarter, compared to analyst estimates of $13.10 billion. During the same quarter last year, the business earned $1.20 earnings per share. The firm’s revenue was up 44.7% on a year-over-year basis. On average, research analysts predict that Advanced Micro Devices, Inc. will post 6.59 earnings per share for the current year.

Analyst Ratings Changes

Several equities research analysts have commented on AMD shares. Wedbush reaffirmed an “outperform” rating and issued a $600.00 price target on shares of Advanced Micro Devices in a report on Wednesday. UBS Group reduced their price objective on Advanced Micro Devices from $730.00 to $700.00 and set a “buy” rating for the company in a research note on Wednesday. Morgan Stanley boosted their price objective on Advanced Micro Devices from $465.00 to $510.00 and gave the company an “equal weight” rating in a report on Monday, November 2nd. Royal Bank Of Canada set a $675.00 target price on Advanced Micro Devices in a research note on Wednesday. Finally, Mizuho dropped their target price on Advanced Micro Devices from $705.00 to $610.00 and set an “outperform” rating on the stock in a report on Wednesday. Three analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $643.69.

Advanced Micro Devices News Summary

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

• Positive Sentiment: AMD reported record quarterly revenue of $13.38 billion, up 44.7% year over year, and earnings per share of $2.09, beating analyst estimates. Data-center revenue nearly doubled, helped by demand for AI chips. Stock Market Today, Nov. 6: AMD Surges on Record Quarterly Revenue and Stronger Growth Outlook
• Positive Sentiment: Management signaled faster growth ahead, forecasting revenue to rise more than 80% in 2027 and describing AMD’s AI business as poised for further expansion. CEO Lisa Su said the company has good visibility into data-center capacity needs through 2027. Lisa Su Sees AMD’s AI Data Center Business More Than Doubling in 2027
• Positive Sentiment: AMD’s rebound also came as investors bought semiconductor shares after Thursday’s sector-wide rout, suggesting some buyers viewed the selloff as an opportunity. Su pushed back on concerns about AI spending, calling the market’s reaction short-sighted. Chip Stocks Rebound, but Is the AI Selloff Over?
• Negative Sentiment: Some analysts warn that AMD’s premium valuation leaves the stock vulnerable if growth expectations or broader enthusiasm for AI weaken. A recent downgrade cited competition from Nvidia and Arm, as well as potential multiple compression. AMD: This Selloff Isn’t Enough
• Negative Sentiment: Despite the rebound, investors remain concerned about AI-chip valuations, heavy data-center spending, possible regulation and the durability of customer returns. These sector pressures could keep AMD shares volatile. AI Stocks Hit by Midterm Shock and Data-Center Spending Concerns

Insider Buying and Selling at Advanced Micro Devices

In related news, EVP Jean X. Hu sold 15,000 shares of Advanced Micro Devices stock in a transaction dated Tuesday, August 25th. The stock was sold at an average price of $474.08, for a total value of $7,111,200.00. Following the completion of the transaction, the executive vice president owned 160,979 shares in the company, valued at $76,316,924.32. The trade was a 8.52% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Ava Hahn sold 2,993 shares of the company’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 completion of the transaction, the senior vice president directly owned 26,623 shares of the company’s stock, valued at $13,010,393.87. The trade was a 10.11% 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. Over the last 90 days, insiders sold 231,100 shares of company stock worth $114,867,400. 0.50% of the stock is currently owned by company insiders.

Advanced Micro Devices Company Profile

Advanced Micro Devices, Inc (AMD) is a semiconductor company that designs processors, graphics products and adaptive computing solutions. Its products serve data center, personal computing, gaming, embedded and other markets. AMD is a fabless chip designer, relying on third-party manufacturing partners to produce its semiconductors.

The company’s product portfolio includes EPYC server processors, Ryzen desktop and laptop processors, Radeon graphics products, Instinct accelerators for data center computing, and adaptive chips and systems used in embedded applications.