1,116 Advanced Micro Devices, Inc. $AMD Shares Sold by Parkside Investments LLC

Parkside Investments LLC cut its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 6.5% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 15,958 shares of the semiconductor manufacturer’s stock after selling 1,116 shares during the period. Advanced Micro Devices comprises about 1.1% of Parkside Investments LLC’s portfolio, making the stock its 24th biggest position. Parkside Investments LLC’s holdings in Advanced Micro Devices were worth $9,762,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Physician Wealth Advisors Inc. lifted its position in shares of Advanced Micro Devices by 6.7% during the third quarter. Physician Wealth Advisors Inc. now owns 3,008 shares of the semiconductor manufacturer’s stock worth $1,840,000 after purchasing an additional 188 shares in the last quarter. Carnegie Investment Counsel boosted its stake in shares of Advanced Micro Devices by 0.6% in the third quarter. Carnegie Investment Counsel now owns 9,351 shares of the semiconductor manufacturer’s stock valued at $5,721,000 after purchasing an additional 54 shares during the period. Sulzberger Capital Advisors Inc. purchased a new position in shares of Advanced Micro Devices in the third quarter valued at approximately $426,000. Robeco Institutional Asset Management B.V. grew its holdings in shares of Advanced Micro Devices by 18.0% in the third quarter. Robeco Institutional Asset Management B.V. now owns 1,289,686 shares of the semiconductor manufacturer’s stock valued at $788,978,000 after purchasing an additional 196,525 shares in the last quarter. Finally, Diversify Advisory Services LLC grew its holdings in shares of Advanced Micro Devices by 16.4% in the third quarter. Diversify Advisory Services LLC now owns 133,377 shares of the semiconductor manufacturer’s stock valued at $74,989,000 after purchasing an additional 18,802 shares in the last quarter. 71.34% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Advanced Micro Devices

In other Advanced Micro Devices news, EVP Mark Papermaster sold 28,811 shares of the stock in a transaction on Thursday, August 20th. The stock was 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 transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Forrest Norrod sold 17,262 shares of the stock in a transaction dated Thursday, October 15th. The shares were sold at an average price of $540.70, for a total transaction of $9,333,563.40. Following the completion of the transaction, the executive vice president owned 353,317 shares of the company’s stock, valued at $191,038,501.90. This represents a 4.66% 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. Insiders have sold a total of 231,100 shares of company stock worth $114,867,400 in the last three months. 0.50% of the stock is currently owned by corporate insiders.

Trending Headlines about Advanced Micro Devices

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

• Positive Sentiment: Higher analyst price target: Susquehanna raised its AMD target from $550 to $620 and maintained a positive rating, citing continued AI and data-center momentum. Wedbush also reaffirmed an Outperform rating with a $600 target.
• Positive Sentiment: Expanding AI infrastructure footprint: Vultr plans to deploy AMD Instinct MI355X GPUs in a 20-megawatt supercluster in Chennai, India. The project would become India’s largest AMD Instinct deployment and strengthens AMD’s position in enterprise and sovereign AI computing. Vultr and AMD Expand Global Collaboration
• Positive Sentiment: Long-term AI opportunity: Coverage highlighted AMD’s planned $8.2 billion investment in emerging AI applications such as robotics, simulation and physical AI. Analysts also view AMD’s server CPU business as a beneficiary of agentic-AI growth, while Anthropic’s large computing commitments reinforce expectations for sustained infrastructure spending.
• Positive Sentiment: Sector tailwinds: Strong updates from Super Micro Computer and SpaceX helped ease concerns about an AI-spending slowdown, lifting major semiconductor names. AMD also contributed to gains in the Nasdaq-100 and broad-market ETFs. Why Nvidia, AMD and Intel Stocks Are Surging
• Neutral Sentiment: Competitive positioning: Investor coverage continues to compare AMD with Nvidia, emphasizing AMD’s exposure to CPUs, GPUs and data-center infrastructure as potential ways to benefit from an AI buildout that may have several years left to run.
• Negative Sentiment: Valuation and earnings risk: AMD has risen sharply this year and trades at a demanding earnings multiple. Investors are focused on the November 3 quarterly report, with the stock vulnerable to disappointment in revenue growth, margins or AI demand guidance. After a 137% Run, Is AMD Priced for Perfection?
• Negative Sentiment: Insider selling: EVP Forrest Norrod sold 17,262 shares worth about $9.3 million under a pre-arranged Rule 10b5-1 plan. Because he retained a substantial position, the transaction is a limited rather than decisive negative signal.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on AMD shares. TD Cowen reaffirmed a “buy” rating on shares of Advanced Micro Devices in a research note on Monday. Wedbush reissued an “outperform” rating and issued a $600.00 price target on shares of Advanced Micro Devices in a research report on Tuesday. Royal Bank Of Canada reissued a “sector perform” rating and issued a $540.00 price target on shares of Advanced Micro Devices in a research report on Wednesday, August 5th. Wall Street Zen upgraded shares of Advanced Micro Devices from a “hold” rating to a “buy” rating in a research note on Sunday, October 4th. Finally, Bank of America upped their price objective on Advanced Micro Devices from $620.00 to $720.00 and gave the stock a “buy” rating in a research report on Friday, September 25th. Three investment 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 issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $606.76.

Advanced Micro Devices Stock Performance

Shares of AMD stock opened at $552.72 on Thursday. The stock’s 50-day moving average is $541.00 and its two-hundred day moving average is $481.17. The firm has a market cap of $902.30 billion, a price-to-earnings ratio of 142.09, a PEG ratio of 5.49 and a beta of 2.45. 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 quick ratio of 1.91 and a current ratio of 2.61.

Advanced Micro Devices (NASDAQ:AMD) last released its quarterly earnings results on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 EPS for the quarter, beating the consensus estimate of $1.62 by $0.04. Advanced Micro Devices had a net margin of 15.58% and a return on equity of 12.30%. The firm had revenue of $11.54 billion during the quarter, compared to the consensus estimate of $11.31 billion. During the same quarter in the prior year, the firm earned $0.48 EPS. Advanced Micro Devices’s revenue for the quarter was up 50.1% on a year-over-year basis. Analysts predict that Advanced Micro Devices, Inc. will post 6.50 earnings per share for the current year.

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.