Advanced Micro Devices, Inc. $AMD Shares Sold by VMS Asset Management Limited

VMS Asset Management Limited lessened its stake in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 15.6% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 9,506 shares of the semiconductor manufacturer’s stock after selling 1,751 shares during the period. Advanced Micro Devices accounts for about 2.3% of VMS Asset Management Limited’s holdings, making the stock its 16th biggest position. VMS Asset Management Limited’s holdings in Advanced Micro Devices were worth $5,815,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in AMD. B.A. Schrock Wealth Management Inc. acquired a new position in shares of Advanced Micro Devices in the third quarter valued at approximately $880,000. Howard Financial Services LTD. lifted its holdings in shares of Advanced Micro Devices by 17.3% during the third quarter. Howard Financial Services LTD. now owns 2,186 shares of the semiconductor manufacturer’s stock worth $1,337,000 after purchasing an additional 322 shares during the period. Ashurst Perkins Coie Trust Co lifted its holdings in shares of Advanced Micro Devices by 1.1% during the third quarter. Ashurst Perkins Coie Trust Co now owns 2,932 shares of the semiconductor manufacturer’s stock worth $1,794,000 after purchasing an additional 33 shares during the period. ZWJ Investment Counsel Inc. grew its position in Advanced Micro Devices by 27.4% in the 3rd quarter. ZWJ Investment Counsel Inc. now owns 2,157 shares of the semiconductor manufacturer’s stock valued at $1,320,000 after buying an additional 464 shares during the last quarter. Finally, Mather Group LLC. grew its position in Advanced Micro Devices by 23.1% in the 3rd quarter. Mather Group LLC. now owns 14,355 shares of the semiconductor manufacturer’s stock valued at $8,953,000 after buying an additional 2,694 shares during the last quarter. 71.34% of the stock is owned by hedge funds and other institutional investors.

Advanced Micro Devices News Summary

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

• Positive Sentiment: AMD’s new Helion open rack-scale architecture for agentic AI could support demand by giving customers a modular alternative for deploying CPU- and GPU-based systems. Its contribution to the Open Compute Project and a rack-scale cooling collaboration with nVent strengthen AMD’s open-infrastructure strategy. What Does Advanced Micro Devices AMD Helion Mean for Its AI Ambitions?
• Positive Sentiment: Analysts and industry researchers remain constructive on AMD’s longer-term opportunity in agentic AI and inference. Software improvements are reportedly narrowing Nvidia’s inference advantage, while AMD’s backing of Fermi’s Texas power project could help ensure sufficient infrastructure for future chip deployments. AMD Challenges Nvidia’s AI Inference Lead
• Positive Sentiment: AMD’s strategic AI expansion—including the proposed all-stock acquisition of World Labs, an AI company led by Fei-Fei Li—could broaden its capabilities in 3D-world modeling and robotics. AMD Is Paying $8.2 Billion to Bring In the Godmother of AI

Insider Buying and Selling at Advanced Micro Devices

In other news, EVP Jean X. Hu sold 15,000 shares of the company’s stock in a transaction on Tuesday, August 25th. The shares were sold at an average price of $474.08, for a total transaction of $7,111,200.00. Following the transaction, the executive vice president directly owned 160,979 shares of the company’s stock, valued at $76,316,924.32. This represents a 8.52% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Mark Papermaster sold 28,811 shares of the stock in a transaction dated 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 completion of the transaction, the executive vice president owned 1,261,461 shares of the company’s stock, valued at $595,245,602.07. This represents a 2.23% decrease in their position. 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 sold 213,838 shares of company stock worth $105,533,836. Company insiders own 0.50% of the company’s stock.

Advanced Micro Devices Stock Down 5.7%

AMD opened at $570.82 on Thursday. 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 12 month low of $188.22 and a 12 month high of $658.52. The stock has a market capitalization of $931.85 billion, a P/E ratio of 146.74, a P/E/G ratio of 6.26 and a beta of 2.45. The business has a 50 day simple moving average of $534.65 and a 200-day simple moving average of $469.28.

Advanced Micro Devices (NASDAQ:AMD) last released its quarterly earnings data on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 earnings per share (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 firm had revenue of $11.54 billion during the quarter, compared to analysts’ expectations of $11.31 billion. During the same quarter in the prior year, the business posted $0.48 earnings per share. Advanced Micro Devices’s revenue was up 50.1% compared to the same quarter last year. On average, equities analysts anticipate that Advanced Micro Devices, Inc. will post 6.45 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several brokerages have issued reports on AMD. Zacks Research cut shares of Advanced Micro Devices from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, September 1st. Susquehanna raised their target price on shares of Advanced Micro Devices from $450.00 to $500.00 and gave the stock a “positive” rating in a research note on Thursday, July 30th. Mizuho lifted their target price on shares of Advanced Micro Devices from $580.00 to $705.00 and gave the company an “outperform” rating in a report on Tuesday, October 6th. Weiss Ratings raised shares of Advanced Micro Devices from a “hold (c+)” rating to a “buy (b-)” rating in a report on Thursday, October 8th. Finally, Cantor Fitzgerald reiterated an “overweight” rating on shares of Advanced Micro Devices in a research note on Monday, October 5th. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Advanced Micro Devices presently has a consensus rating of “Moderate Buy” and an average target price of $603.51.

About Advanced Micro Devices

Advanced Micro Devices, Inc (NASDAQ: AMD) is a semiconductor company that designs high-performance computing, graphics and adaptive computing products. Its offerings serve data centers, personal computers, gaming systems, embedded devices and other specialized markets.

AMD’s product portfolio includes Ryzen processors for desktop and notebook computers, EPYC server processors, Radeon graphics products, and Instinct accelerators designed for artificial intelligence and high-performance computing workloads.