Douglas Lane & Associates LLC Boosts Position in Advanced Micro Devices, Inc. $AMD

Douglas Lane & Associates LLC lifted its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 2,748.0% in the third quarter, HoldingsChannel.com reports. The fund owned 85,952 shares of the semiconductor manufacturer’s stock after buying an additional 82,934 shares during the quarter. Douglas Lane & Associates LLC’s holdings in Advanced Micro Devices were worth $52,582,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of the stock. MJT & Associates Financial Advisory Group Inc. bought a new stake in shares of Advanced Micro Devices in the 3rd quarter worth about $29,000. JNBA Financial Advisors grew its holdings in shares of Advanced Micro Devices by 142.9% in the second quarter. JNBA Financial Advisors now owns 51 shares of the semiconductor manufacturer’s stock worth $30,000 after purchasing an additional 30 shares during the last quarter. Bullseye Investment Management LLC purchased a new position in shares of Advanced Micro Devices during the second quarter worth approximately $44,000. Luminist Capital LLC bought a new stake in Advanced Micro Devices during the 2nd quarter valued at $46,000. Finally, BOK Financial Private Wealth Inc. bought a new position in Advanced Micro Devices during the 2nd quarter worth about $53,000. 71.34% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several analysts have commented on AMD shares. Mizuho increased their price target on shares of Advanced Micro Devices from $580.00 to $705.00 and gave the company an “outperform” rating in a research report on Tuesday. Melius Research set a $660.00 price target on shares of Advanced Micro Devices in a report on Friday, July 24th. Argus boosted their price target on Advanced Micro Devices from $450.00 to $625.00 and gave the company a “buy” rating in a report on Thursday, August 6th. Robert W. Baird set a $1,250.00 price target on Advanced Micro Devices in a research note on Friday, July 24th. Finally, Rosenblatt Securities reissued a “buy” rating and set a $700.00 target price on shares of Advanced Micro Devices in a research note on Tuesday, September 29th. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $585.26.

Advanced Micro Devices Stock Down 1.8%

Shares of Advanced Micro Devices stock traded down $11.36 on Friday, reaching $609.32. 7,931,828 shares of the company were exchanged, compared to its average volume of 32,474,164. The company has a market cap of $994.69 billion, a P/E ratio of 156.88, a price-to-earnings-growth ratio of 6.69 and a beta of 2.45. The stock’s 50 day moving average price is $526.31 and its 200-day moving average price is $458.39. 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 1-year low of $188.22 and a 1-year high of $658.52.

Advanced Micro Devices (NASDAQ:AMD) last announced its quarterly earnings results on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 earnings per share for the quarter, beating analysts’ consensus estimates of $1.62 by $0.04. The firm had revenue of $11.54 billion during the quarter, compared to analysts’ expectations of $11.31 billion. Advanced Micro Devices had a net margin of 15.58% and a return on equity of 12.30%. Advanced Micro Devices’s quarterly revenue was up 50.1% compared to the same quarter last year. During the same period in the previous year, the company earned $0.48 earnings per share. As a group, equities analysts forecast that Advanced Micro Devices, Inc. will post 6.43 EPS for the current year.

Insider Buying and Selling

In other Advanced Micro Devices news, EVP Jean X. Hu sold 15,000 shares of the stock in a transaction dated Tuesday, August 25th. The shares were sold at an average price of $474.08, for a total value of $7,111,200.00. Following the completion of the transaction, the executive vice president directly 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 ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Forrest Norrod sold 17,261 shares of the firm’s stock in a transaction that occurred on Tuesday, September 15th. The shares were sold at an average price of $503.05, for a total value of $8,683,146.05. Following the completion of the transaction, the executive vice president directly owned 363,317 shares of the company’s stock, valued at $182,766,616.85. The trade was a 4.54% decrease in their ownership of the stock. 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 have sold 213,838 shares of company stock worth $105,533,836 in the last three months. Company insiders own 0.50% 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: AI infrastructure demand remains robust. Record results from TSMC and Samsung indicate that hyperscaler capital spending and demand for AI processors, memory and data-center equipment remain strong. This supports AMD’s Instinct GPU and server CPU businesses. Record Profits at Samsung and TSMC Say the AI Trade is Intact
• Positive Sentiment: AMD is expanding its supply-chain and infrastructure partnerships. CEO Lisa Su reportedly met with Samsung and SK Hynix executives to pursue foundry, memory and AI collaboration, potentially helping AMD secure constrained components. AMD is also part of an open Ethernet rack-scale initiative with Arista Networks, Broadcom, Meta and Microsoft. AMD Explores Foundry Partnership With a Korean Technology Company
• Positive Sentiment: Analysts see additional upside if execution improves. Recent commentary highlights potential gains from AMD’s CPUs, AI accelerators, inference products and rack-scale systems. One bullish thesis argues that future margin expansion could exceed current expectations, while Citi and BNP Paribas have pointed to further upside tied to AI deployments. AMD Margin Upside
• Neutral Sentiment: Investors are focused on the November 3 earnings report. The upcoming results will be an important test of whether strong AI-related demand is translating into revenue growth, cash flow and sustainable profitability.
• Negative Sentiment: High valuation is limiting investor tolerance for disappointment. AMD has rallied sharply and trades at a very high earnings multiple, prompting questions about how much future AI growth is already reflected in the stock. Can AMD’s Rally Continue?
• Negative Sentiment: Macro and sector pressures are weighing on AMD. Rising Treasury yields and oil prices have intensified a broad technology and semiconductor selloff, pressuring richly valued growth stocks despite favorable AI-demand indicators. Why AMD Stock Is Down Today
• Negative Sentiment: ARK Invest reduced its AMD position. Cathie Wood’s firm sold approximately 22,500 AMD shares valued at nearly $14 million. While the sale may reflect portfolio rebalancing, it adds to near-term selling pressure and reinforces concerns about profit-taking after the stock’s substantial advance. Cathie Wood Sold AMD Shares

Advanced Micro Devices Profile

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.