1,099 Advanced Micro Devices, Inc. $AMD Shares Acquired by Smithbridge Asset Management Inc. DE

Smithbridge Asset Management Inc. DE grew its stake in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 9.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 12,628 shares of the semiconductor manufacturer’s stock after purchasing an additional 1,099 shares during the quarter. Smithbridge Asset Management Inc. DE’s holdings in Advanced Micro Devices were worth $7,725,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of AMD. Retirement Planning Group LLC increased its stake in Advanced Micro Devices by 4.6% during the 3rd quarter. Retirement Planning Group LLC now owns 3,639 shares of the semiconductor manufacturer’s stock worth $2,226,000 after buying an additional 160 shares in the last quarter. Worth Financial Advisory Group LLC raised its holdings in shares of Advanced Micro Devices by 30.1% during the third quarter. Worth Financial Advisory Group LLC now owns 865 shares of the semiconductor manufacturer’s stock valued at $529,000 after acquiring an additional 200 shares during the last quarter. Blue Zone Wealth Advisors LLC boosted its stake in shares of Advanced Micro Devices by 0.5% in the third quarter. Blue Zone Wealth Advisors LLC now owns 10,464 shares of the semiconductor manufacturer’s stock worth $6,401,000 after acquiring an additional 55 shares during the last quarter. Maia Wealth LLC boosted its stake in shares of Advanced Micro Devices by 8.1% in the third quarter. Maia Wealth LLC now owns 2,225 shares of the semiconductor manufacturer’s stock worth $1,361,000 after acquiring an additional 167 shares during the last quarter. Finally, Tanager Wealth Management LLP increased its position in shares of Advanced Micro Devices by 5.8% during the third quarter. Tanager Wealth Management LLP now owns 2,348 shares of the semiconductor manufacturer’s stock worth $1,436,000 after purchasing an additional 129 shares in the last quarter. Hedge funds and other institutional investors own 71.34% of the company’s stock.

More Advanced Micro Devices News

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

• Positive Sentiment: Analyst bullishness and AI opportunity: TD Cowen reiterated a Buy rating and a $675 price target, citing potential growth in agentic AI that could lift AMD’s CPU sales by roughly 70% next year. Why AMD Stock Popped on Monday
• Positive Sentiment: Strong earnings expectations: AMD is expected to report third-quarter revenue of approximately $13 billion, representing about 41% year-over-year growth. The company has exceeded the high end of its own revenue guidance in each of the past two quarters, supporting optimism ahead of the expected November 3 report. AMD Stock Is Up Over 140% This Year
• Positive Sentiment: Sector-wide recovery: AMD benefited from dip-buying after an eight-session semiconductor selloff, with falling oil prices and a broader rebound in technology shares adding support. Institutional positioning in leveraged semiconductor funds also suggests some investors view the pullback as temporary. Why Are Intel and AMD Stocks Rising on Monday?
• Positive Sentiment: Long-term growth case: Coverage continues to highlight AMD’s exposure to data-center infrastructure, AI accelerators, PCs and gaming. AMD is also viewed as more diversified than Nvidia, potentially providing some resilience if data-center spending slows. Nvidia vs. AMD: Which Business Is More Exposed to a Data-Center Slowdown?
• Neutral Sentiment: Insider transaction: Executive Vice President Forrest Norrod sold 17,262 shares worth approximately $9.3 million under a pre-arranged Rule 10b5-1 plan. He still retained 353,317 shares, making the transaction a limited sentiment signal rather than a clear change in company outlook.
• Negative Sentiment: Valuation and profit sensitivity: A Seeking Alpha analysis downgraded AMD, arguing that the stock no longer merits an “underdog” valuation after its substantial rally. With a reported P/E ratio above 138, further gains depend on rapid execution and earnings growth. AMD Downgrade Analysis
• Negative Sentiment: Trading pressure and AI-cycle risks: ETFs were net sellers of AMD shares, while analysts have warned that leveraged AI financing, margin compression and delayed data-center projects could amplify volatility if AI spending weakens.

Advanced Micro Devices Trading Up 1.8%

Shares of Advanced Micro Devices stock opened at $538.05 on Tuesday. The stock has a market cap of $878.35 billion, a P/E ratio of 138.32, a P/E/G ratio of 5.43 and a beta of 2.45. The stock’s 50 day simple moving average is $538.39 and its 200-day simple moving average is $476.52. Advanced Micro Devices, Inc. has a 1-year low of $188.22 and a 1-year high of $658.52. 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 quarterly earnings results on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.62 by $0.04. Advanced Micro Devices had a return on equity of 12.30% and a net margin of 15.58%. The business had revenue of $11.54 billion during the quarter, compared to analyst estimates of $11.31 billion. During the same period in the prior year, the business earned $0.48 earnings per share. The business’s revenue was up 50.1% compared to the same quarter last year. Analysts predict that Advanced Micro Devices, Inc. will post 6.49 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

AMD has been the subject of several recent research reports. Piper Sandler initiated coverage on Advanced Micro Devices in a research note on Tuesday, September 15th. They issued an “overweight” rating and a $600.00 price objective for the company. JPMorgan Chase & Co. raised their price objective on Advanced Micro Devices from $385.00 to $550.00 and gave the company a “neutral” rating in a report on Wednesday, August 5th. Mizuho lifted their target price on shares of Advanced Micro Devices from $580.00 to $705.00 and gave the stock an “outperform” rating in a research note on Tuesday, October 6th. DA Davidson lifted their target price on shares of Advanced Micro Devices from $425.00 to $550.00 and gave the stock a “buy” rating in a research note on Wednesday, August 5th. Finally, Wall Street Zen raised shares of Advanced Micro Devices from a “hold” rating to a “buy” rating in a report on Sunday, October 4th. Three research analysts have rated the stock with a Strong Buy rating, thirty-one have given a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $603.51.

Insider Activity at Advanced Micro Devices

In other Advanced Micro Devices news, EVP Jean X. Hu sold 15,000 shares of the business’s stock in a transaction on Tuesday, August 25th. The stock was sold at an average price of $474.08, for a total transaction of $7,111,200.00. Following the transaction, the executive vice president owned 160,979 shares of the company’s stock, valued at approximately $76,316,924.32. The trade was a 8.52% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Forrest Norrod sold 17,262 shares of the company’s stock in a transaction on Thursday, October 15th. The shares were sold at an average price of $540.70, for a total value of $9,333,563.40. Following the completion of the sale, the executive vice president owned 353,317 shares of the company’s stock, valued at approximately $191,038,501.90. The trade was a 4.66% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 231,100 shares of company stock valued at $114,867,400 in the last three months. Company insiders own 0.50% of the company’s stock.

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.