Advanced Micro Devices, Inc. $AMD Shares Sold by Nemes Rush Group LLC

Nemes Rush Group LLC cut its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 41.8% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 6,661 shares of the semiconductor manufacturer’s stock after selling 4,782 shares during the period. Nemes Rush Group LLC’s holdings in Advanced Micro Devices were worth $1,078,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Norges Bank acquired a new stake in Advanced Micro Devices in the second quarter valued at $3,094,662,000. Jennison Associates LLC acquired a new position in shares of Advanced Micro Devices during the 3rd quarter worth $626,826,000. Nordea Investment Management AB grew its stake in shares of Advanced Micro Devices by 203.7% during the 3rd quarter. Nordea Investment Management AB now owns 3,905,148 shares of the semiconductor manufacturer’s stock worth $631,892,000 after purchasing an additional 2,619,294 shares during the period. Rafferty Asset Management LLC increased its holdings in shares of Advanced Micro Devices by 56.0% in the 2nd quarter. Rafferty Asset Management LLC now owns 6,772,923 shares of the semiconductor manufacturer’s stock valued at $961,078,000 after purchasing an additional 2,430,533 shares in the last quarter. Finally, Vanguard Group Inc. increased its holdings in shares of Advanced Micro Devices by 1.5% in the 2nd quarter. Vanguard Group Inc. now owns 154,648,859 shares of the semiconductor manufacturer’s stock valued at $21,944,673,000 after purchasing an additional 2,281,508 shares in the last quarter. 71.34% of the stock is owned by institutional investors and hedge funds.

Advanced Micro Devices Stock Performance

NASDAQ:AMD opened at $203.23 on Wednesday. The company has a current ratio of 2.85, a quick ratio of 2.01 and a debt-to-equity ratio of 0.04. The company has a market capitalization of $331.35 billion, a P/E ratio of 76.69, a price-to-earnings-growth ratio of 0.76 and a beta of 1.98. The firm has a 50-day moving average price of $217.27 and a two-hundred day moving average price of $209.74. Advanced Micro Devices, Inc. has a twelve month low of $76.48 and a twelve month high of $267.08.

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

Analyst Upgrades and Downgrades

A number of analysts recently commented on the stock. Piper Sandler reissued an “overweight” rating on shares of Advanced Micro Devices in a report on Wednesday, February 25th. Barclays reaffirmed an “overweight” rating on shares of Advanced Micro Devices in a report on Wednesday, November 12th. Melius Research set a $380.00 price target on shares of Advanced Micro Devices in a research report on Wednesday, November 12th. Roth Mkm reissued a “buy” rating on shares of Advanced Micro Devices in a research note on Tuesday, February 24th. Finally, UBS Group set a $310.00 price target on Advanced Micro Devices in a report on Wednesday, February 4th. One analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and ten have given a Hold rating to the company’s stock. According to data from MarketBeat, Advanced Micro Devices has an average rating of “Moderate Buy” and an average target price of $290.53.

Insider Buying and Selling

In other Advanced Micro Devices news, CEO Lisa T. Su sold 125,000 shares of the firm’s stock in a transaction on Thursday, December 11th. The stock was sold at an average price of $215.14, for a total transaction of $26,892,500.00. Following the completion of the transaction, the chief executive officer owned 3,277,476 shares of the company’s stock, valued at approximately $705,116,186.64. This trade represents a 3.67% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Forrest Eugene Norrod sold 19,450 shares of the business’s stock in a transaction on Wednesday, February 11th. The stock was 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 directly owned 289,098 shares of the company’s stock, valued at approximately $62,679,337.38. This trade represents a 6.30% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 271,892 shares of company stock worth $58,476,908 in the last ninety days. Insiders own 0.06% of the company’s stock.

Trending Headlines about Advanced Micro Devices

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

• Positive Sentiment: AMD’s CEO Lisa Su will meet Samsung’s chairman next week to discuss securing high-bandwidth memory (HBM) supplies for AI chipsets — a direct positive for AMD’s GPU/data-center capacity and product roadmaps. AMD CEO to meet Samsung chief
• Positive Sentiment: AMD and Adeia settled litigation and signed a multi‑year IP license agreement, clearing obstacles to deploy 3D V-Cache and hybrid bonding tech — removes legal risk and unlocks product advantages. Adeia Enters into Multi-Year IP License Agreement with AMD
• Positive Sentiment: AMD expanded commercial reach via partnerships: additional detail on a multi‑billion-dollar multi‑year AI deal with Meta (large potential long‑term revenue) and an expanded Ryzen AI Embedded P100 Series announcement. AMD CEO Lisa Su Believes Its Deal With Meta Platforms Will Be a Triple-Digit Billion Dollar Deal
• Positive Sentiment: AMD led a collaboration with Xanadu on quantum-to-classical HPC workflows and is being credited with performance gains in aerospace simulation — underscores AMD’s push into adjacent high-performance markets. Xanadu and AMD Accelerate Quantum Computing
• Positive Sentiment: BlackBerry’s QNX added support for AMD Ryzen Embedded processors, expanding embedded market exposure (automotive, robotics). BlackBerry’s QNX, AMD, Extend Collaboration
• Neutral Sentiment: Oracle named Cerebras alongside Nvidia and AMD when discussing AI hardware suppliers — shows a broader competitive set in enterprise AI purchasing decisions. AI chipmaker Cerebras namedropped by Oracle
• Neutral Sentiment: Sector events (Nvidia GTC, TSMC AI-driven revenue gains) are lifting chip demand sentiment generally — tailwind for AMD but also intensifies competition. TSMC Revenue Jumps 30% On AI Demand
• Negative Sentiment: High-profile insider selling noted in data summaries (multiple executives’ past sales), which some investors read as a negative signal even though company fundamentals remain strong. Advanced Micro Devices Stock (AMD) Opinions on Q4 Earnings Strength
• Negative Sentiment: Investor Michael Burry alleged Nvidia may have blocked AMD from a major AI data‑center deal, raising antitrust/competitive-concern headlines that could pressure sentiment. Michael Burry Calls Nvidia ‘Mafia-Like’

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.