Advanced Micro Devices, Inc. $AMD Stock Purchased by Peterson Wealth Services

Peterson Wealth Services grew its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD – Free Report) by 440.2% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 21,344 shares of the semiconductor manufacturer’s stock after acquiring an additional 17,393 shares during the quarter. Advanced Micro Devices comprises approximately 2.8% of Peterson Wealth Services’ portfolio, making the stock its 12th biggest position. Peterson Wealth Services’ holdings in Advanced Micro Devices were worth $13,057,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of AMD. Motive Wealth Advisors raised its position in shares of Advanced Micro Devices by 4.1% in the 3rd quarter. Motive Wealth Advisors now owns 2,039 shares of the semiconductor manufacturer’s stock worth $1,247,000 after purchasing an additional 81 shares during the last quarter. Leo Wealth LLC bought a new position in Advanced Micro Devices in the 3rd quarter worth about $1,890,000. Apollon Wealth Management LLC grew its position in Advanced Micro Devices by 2.3% during the 3rd quarter. Apollon Wealth Management LLC now owns 105,353 shares of the semiconductor manufacturer’s stock valued at $64,451,000 after purchasing an additional 2,376 shares during the last quarter. Townsend & Associates Inc purchased a new stake in Advanced Micro Devices during the 3rd quarter valued at about $263,000. Finally, Tower View Wealth Management LLC grew its position in Advanced Micro Devices by 1.9% during the 3rd quarter. Tower View Wealth Management LLC now owns 5,995 shares of the semiconductor manufacturer’s stock valued at $3,668,000 after purchasing an additional 111 shares during the last quarter. 71.34% of the stock is currently owned by institutional investors.

Advanced Micro Devices Trading Up 2.8%

Advanced Micro Devices stock opened at $531.28 on Tuesday. 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, Inc. has a one year low of $188.22 and a one year high of $658.52. The stock has a market capitalization of $867.30 billion, a PE ratio of 136.58, a price-to-earnings-growth ratio of 5.30 and a beta of 2.45. The business’s fifty day moving average is $542.28 and its 200 day moving average is $400.69.

Advanced Micro Devices (NASDAQ:AMD – Get Free Report) last released its quarterly earnings data on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 EPS for the quarter, topping the consensus estimate 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 company had revenue of $11.54 billion during the quarter, compared to the consensus estimate of $11.31 billion. During the same period last year, the company earned $0.48 EPS. Advanced Micro Devices’s revenue for the quarter was up 50.1% on a year-over-year basis. On average, sell-side analysts predict that Advanced Micro Devices, Inc. will post 6.50 EPS for the current year.

Insider Activity

In other news, SVP Ava Hahn sold 2,993 shares of the business’s stock in a transaction that occurred on Tuesday, August 18th. The shares were sold at an average price of $488.69, for a total transaction 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 ownership of the stock. The transaction 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, EVP Mark D. Papermaster sold 28,811 shares of the business’s stock in a transaction that occurred on Thursday, August 20th. The shares were sold at an average price of $471.87, for a total transaction of $13,595,046.57. Following the transaction, the executive vice president directly owned 1,261,461 shares of the company’s stock, valued at $595,245,602.07. The trade was a 2.23% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 231,100 shares of company stock worth $114,867,400. 0.50% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the stock. TD Cowen restated a “buy” rating on shares of Advanced Micro Devices in a research note on Monday, October 19th. Roth Capital upped their target price on shares of Advanced Micro Devices from $500.00 to $650.00 and gave the stock a “buy” rating in a research note on Friday, July 24th. Citigroup increased their price target on shares of Advanced Micro Devices from $575.00 to $800.00 and gave the company a “buy” rating in a report on Tuesday, October 6th. Wedbush reissued an “outperform” rating and set a $600.00 price target on shares of Advanced Micro Devices in a research report on Tuesday, October 20th. Finally, Zacks Research downgraded shares of Advanced Micro Devices from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, September 1st. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $606.76.

View Our Latest Stock Report on AMD

Key Headlines Impacting Advanced Micro Devices

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

  • Positive Sentiment: Meta’s AI financing plan supports demand visibility. Meta plans up to $95 billion in stock-related financing for AI infrastructure, with AMD, Nvidia and Broadcom reportedly considering up to $5 billion in combined purchases of Meta shares. The plan signals continued, large-scale spending by a major AMD customer and AI ecosystem partner. Meta equity offerings article
  • Positive Sentiment: Analysts see server CPU growth as a key earnings catalyst. Wedbush identified rising AI-computing demand as a potential driver for AMD’s EPYC server CPU business ahead of the company’s November 3 earnings release. Investors are also focused on whether AMD’s Helios rack-scale AI strategy can expand its opportunity beyond GPUs into CPUs and inference workloads. Wedbush server CPU demand article
  • Positive Sentiment: Semiconductor-sector momentum provided additional support. AMD participated in a broader rally following AI-related announcements from Meta and Anthropic, while strong moves in other chip stocks reinforced optimism around AI infrastructure spending. Chip stocks rally article
  • Neutral Sentiment: Trading data showed no reported short interest. The October 26 report listed AMD short interest at zero shares and a zero-day short ratio. That could indicate limited short-selling pressure, although the figure may reflect a reporting or data issue rather than a meaningful change in investor positioning.
  • Negative Sentiment: Valuation and competitive risks remain significant. Commentary noted that AMD has rallied sharply this year, while Nvidia continues to lead in margins and data-center scale. With AMD trading at a high valuation, investors may demand strong execution and upbeat guidance; competition from Nvidia, Broadcom, Marvell and newer AI-chip companies could limit further gains. AMD and Nvidia valuation article

Advanced Micro Devices Profile

(Free Report)

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.

See Also

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Institutional Ownership by Quarter for Advanced Micro Devices (NASDAQ:AMD)

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