Rafferty Asset Management LLC Sells 2,393,160 Shares of Advanced Micro Devices, Inc. $AMD

Rafferty Asset Management LLC cut its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 35.3% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 4,379,763 shares of the semiconductor manufacturer’s stock after selling 2,393,160 shares during the period. Advanced Micro Devices comprises approximately 2.3% of Rafferty Asset Management LLC’s portfolio, making the stock its 8th largest position. Rafferty Asset Management LLC owned 0.27% of Advanced Micro Devices worth $708,602,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in AMD. Landing Point Financial Group LLC bought a new stake in shares of Advanced Micro Devices in the third quarter worth $328,000. Harvest Portfolios Group Inc. raised its position in Advanced Micro Devices by 62.3% during the 3rd quarter. Harvest Portfolios Group Inc. now owns 411,968 shares of the semiconductor manufacturer’s stock worth $66,652,000 after purchasing an additional 158,137 shares during the last quarter. Argent Trust Co raised its position in Advanced Micro Devices by 1.1% during the 3rd quarter. Argent Trust Co now owns 21,516 shares of the semiconductor manufacturer’s stock worth $3,481,000 after purchasing an additional 230 shares during the last quarter. Mosaic Family Wealth Partners LLC lifted its holdings in Advanced Micro Devices by 3.1% during the 3rd quarter. Mosaic Family Wealth Partners LLC now owns 2,630 shares of the semiconductor manufacturer’s stock worth $424,000 after buying an additional 78 shares during the period. Finally, Anfield Capital Management LLC grew its position in shares of Advanced Micro Devices by 177,925.0% in the 3rd quarter. Anfield Capital Management LLC now owns 14,242 shares of the semiconductor manufacturer’s stock valued at $2,304,000 after buying an additional 14,234 shares during the last quarter. 71.34% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Advanced Micro Devices news, SVP Ava Hahn sold 2,442 shares of the business’s stock in a transaction that occurred on Friday, January 16th. The stock was sold at an average price of $234.42, for a total transaction of $572,453.64. Following the completion of the sale, the senior vice president directly owned 16,359 shares of the company’s stock, valued at approximately $3,834,876.78. The trade was a 12.99% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, EVP Forrest Eugene Norrod sold 19,450 shares of the firm’s stock in a transaction that occurred on Wednesday, February 11th. The shares were sold at an average price of $216.81, for a total value of $4,216,954.50. Following the completion of the transaction, the executive vice president owned 289,098 shares in the company, valued at $62,679,337.38. This represents a 6.30% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders have sold 271,892 shares of company stock worth $58,476,908. Insiders own 0.06% of the company’s stock.

Advanced Micro Devices Price Performance

Shares of NASDAQ AMD opened at $200.21 on Friday. The firm has a market capitalization of $326.42 billion, a P/E ratio of 75.55, a P/E/G ratio of 0.77 and a beta of 1.94. The firm’s 50-day moving average price is $219.59 and its 200-day moving average price is $207.99. The company has a current ratio of 2.85, a quick ratio of 2.01 and a debt-to-equity ratio of 0.04. Advanced Micro Devices, Inc. has a 1-year low of $76.48 and a 1-year high of $267.08.

Advanced Micro Devices (NASDAQ:AMD) last issued its earnings results on Tuesday, February 3rd. The semiconductor manufacturer reported $1.53 EPS for the quarter, beating analysts’ consensus estimates of $1.32 by $0.21. Advanced Micro Devices had a return on equity of 8.84% and a net margin of 12.52%.The business had revenue of $10.27 billion during the quarter, compared to analyst estimates of $9.65 billion. During the same period in the previous year, the company posted $1.09 EPS. The firm’s revenue was up 34.1% compared to the same quarter last year. Equities research analysts anticipate that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

AMD has been the subject of a number of recent analyst reports. Benchmark reissued a “buy” rating and set a $325.00 target price on shares of Advanced Micro Devices in a research report on Wednesday. Cantor Fitzgerald reaffirmed an “overweight” rating on shares of Advanced Micro Devices in a research note on Monday, February 2nd. Loop Capital set a $290.00 price objective on shares of Advanced Micro Devices and gave the stock a “buy” rating in a research report on Wednesday, November 5th. TD Cowen reissued a “buy” rating on shares of Advanced Micro Devices in a research note on Wednesday. Finally, Bank of America restated a “buy” rating and issued a $300.00 target price on shares of Advanced Micro Devices in a report on Wednesday, November 12th. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and ten have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $290.53.

More Advanced Micro Devices News

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

• Positive Sentiment: Huge Meta GPU commitment gives AMD a meaningful multi‑year revenue opportunity (reported as up to $100B potential, tied to a 6GW buildout and performance warrants) — this deal underpins the recent rally and longer‑term AI exposure. Meta strikes up to $100B AMD chip deal as it chases ‘personal superintelligence’
• Positive Sentiment: Wall Street responded with upgraded price targets and reiterated Buy ratings (examples: Mizuho, Goldman Sachs, Benchmark), supporting upside expectations even as volatility persists. Mizuho Increases Advanced Micro Devices (NASDAQ:AMD) Price Target to $280.00
• Positive Sentiment: Strategic partnership with Nutanix (and a related AMD investment) expands AMD’s enterprise AI ecosystem and could accelerate customer deployments of AMD CPUs/GPUs in data‑center stacks. AMD and Nutanix Announce Strategic Partnership to Build Open AI Infrastructure Platform
• Neutral Sentiment: Smaller ecosystem news (e.g., Avalon GloboCare accepted into AMD’s AI developer program) highlights partner demand but has limited direct financial impact on AMD today. Avalon subsidiary accepted into AMD AI developer program
• Neutral Sentiment: Analyst coverage and commentaries are active (TipRanks, MarketBeat, Seeking Alpha pieces) — consensus remains bullish longer‑term but views on timing and valuation vary, keeping near‑term trading choppy. Where Do Analysts Stand on AMD Stock?
• Negative Sentiment: Sector volatility after Nvidia’s earnings and investor skepticism about major AI customers’ near‑term spend (notably questions around OpenAI) pressured chip peers including AMD — profit‑taking followed the earlier premarket surge. Advanced Micro Devices (AMD) Fell as Investors Doubt OpenAI’s Spending Plans Amid Revenue Concerns
• Negative Sentiment: Analysts and industry pieces also note execution and capacity limits for hyperscalers (and questions about Meta’s in‑house plans), which could temper how quickly large GPU commitments translate into revenue. Meta’s Chip Dreams Face Hard Limits

Advanced Micro Devices Company Profile

Advanced Micro Devices, Inc (NASDAQ: AMD) is a global semiconductor company that designs and sells microprocessors, graphics processors, chipsets and adaptive computing solutions for a broad set of markets. The company’s product portfolio includes consumer and commercial CPUs under the Ryzen and Threadripper brands, data center processors under the EPYC brand, and Radeon graphics processing units for gaming and professional visualization. AMD also offers semi-custom system-on-chip (SoC) products for gaming consoles and other specialized applications, and provides supporting software and platform technologies for OEMs, cloud service providers and end users.

Founded in 1969, AMD has evolved from a supplier of logic chips into a diversified, fabless semiconductor designer.