Advanced Micro Devices, Inc. $AMD Shares Purchased by Fulcrum Asset Management LLP

Fulcrum Asset Management LLP increased its stake in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 49.0% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 17,123 shares of the semiconductor manufacturer’s stock after purchasing an additional 5,634 shares during the period. Fulcrum Asset Management LLP’s holdings in Advanced Micro Devices were worth $10,403,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently bought and sold shares of the stock. Allspring Global Investments Holdings LLC increased its position in shares of Advanced Micro Devices by 10.7% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 904,635 shares of the semiconductor manufacturer’s stock valued at $557,011,000 after acquiring an additional 87,651 shares during the period. rebel Financial LLC purchased a new position in Advanced Micro Devices in the 3rd quarter worth $234,000. StoneRidge PMG Advisors LLC purchased a new position in Advanced Micro Devices in the 3rd quarter worth $2,175,000. Burton Enright Welch lifted its position in Advanced Micro Devices by 4.5% during the 3rd quarter. Burton Enright Welch now owns 1,030 shares of the semiconductor manufacturer’s stock worth $630,000 after acquiring an additional 44 shares during the period. Finally, Beverly Hills Private Wealth LLC lifted its position in Advanced Micro Devices by 6.4% during the 3rd quarter. Beverly Hills Private Wealth LLC now owns 635 shares of the semiconductor manufacturer’s stock worth $388,000 after acquiring an additional 38 shares during the period. Hedge funds and other institutional investors own 71.34% of the company’s stock.

Advanced Micro Devices Stock Performance

Advanced Micro Devices stock opened at $449.04 on Monday. The firm has a market cap of $736.47 billion, a PE ratio of 97.62, a P/E/G ratio of 4.54 and a beta of 2.49. Advanced Micro Devices, Inc. has a 12 month low of $188.22 and a 12 month high of $658.52. The stock’s 50 day simple moving average is $546.81 and its two-hundred day simple moving average is $414.98. The company has a current ratio of 2.72, a quick ratio of 1.93 and a debt-to-equity ratio of 0.10.

Advanced Micro Devices (NASDAQ:AMD) last posted its earnings results on Tuesday, November 3rd. The semiconductor manufacturer reported $2.09 earnings per share 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 firm had revenue of $13.38 billion during the quarter, compared to analyst estimates of $13.10 billion. During the same period in the previous year, the firm earned $1.20 EPS. The business’s quarterly revenue was up 44.7% on a year-over-year basis. Analysts anticipate that Advanced Micro Devices, Inc. will post 6.59 earnings per share for the current year.

Insider Activity

In other Advanced Micro Devices news, EVP Mark D. Papermaster sold 28,811 shares of the company’s stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $471.87, for a total value of $13,595,046.57. Following the completion of the transaction, the executive vice president owned 1,261,461 shares in the company, valued at approximately $595,245,602.07. This represents a 2.23% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Jean X. Hu sold 15,000 shares of the company’s stock in a transaction dated 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 completion of the transaction, the executive vice president owned 160,979 shares of the company’s stock, valued at approximately $76,316,924.32. This trade represents a 8.52% 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 sold a total of 231,100 shares of company stock valued at $114,867,400 in the last three months. Corporate insiders own 0.50% of the company’s stock.

More Advanced Micro Devices News

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

Wall Street Analyst Weigh In

Several analysts have weighed in on the company. Union Gaming Research reiterated a “positive” rating on shares of Advanced Micro Devices in a research note on Wednesday. Susquehanna raised their price objective on Advanced Micro Devices from $620.00 to $650.00 and gave the stock a “positive” rating in a research note on Wednesday, October 28th. Bank of America decreased their target price on Advanced Micro Devices from $720.00 to $650.00 and set a “buy” rating for the company in a report on Wednesday. TD Cowen reiterated a “buy” rating on shares of Advanced Micro Devices in a research report on Monday, October 19th. Finally, Piper Sandler upped their target price on Advanced Micro Devices from $600.00 to $650.00 and gave the company an “overweight” rating in a research report on Wednesday, November 4th. Three investment analysts have rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating, eight have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $642.47.

About Advanced Micro Devices

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.