Jackson Square Capital LLC Buys 5,062 Shares of Advanced Micro Devices, Inc. $AMD

Jackson Square Capital LLC grew its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 461.9% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 6,158 shares of the semiconductor manufacturer’s stock after buying an additional 5,062 shares during the period. Jackson Square Capital LLC’s holdings in Advanced Micro Devices were worth $3,767,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Bank of America Corp DE purchased a new position in shares of Advanced Micro Devices in the 2nd quarter worth about $7,022,226,000. BlackRock Inc. grew its position in Advanced Micro Devices by 3.1% in the second quarter. BlackRock Inc. now owns 150,301,510 shares of the semiconductor manufacturer’s stock valued at $87,311,650,000 after acquiring an additional 4,535,126 shares in the last quarter. Jupiter Topco LLC acquired a new stake in Advanced Micro Devices in the second quarter valued at approximately $2,084,651,000. Wellington Management Group LLP raised its stake in shares of Advanced Micro Devices by 33.9% during the second quarter. Wellington Management Group LLP now owns 9,334,396 shares of the semiconductor manufacturer’s stock valued at $5,422,444,000 after purchasing an additional 2,365,419 shares during the period. Finally, State Street Corp raised its stake in shares of Advanced Micro Devices by 2.9% during the second quarter. State Street Corp now owns 76,920,783 shares of the semiconductor manufacturer’s stock valued at $46,606,266,000 after purchasing an additional 2,149,563 shares during the period. 71.34% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Advanced Micro Devices

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

• Positive Sentiment: AMD benefited from renewed investor interest in AI infrastructure stocks alongside Nvidia and CoreWeave. The rebound suggests traders viewed the recent pullback as an opportunity, while broader market support from lower oil prices improved risk appetite. Why are Intel and AMD stocks rising on Monday?
• Positive Sentiment: Investors are looking ahead to AMD’s November 3 earnings report. The company is expected to generate approximately $13 billion in third-quarter revenue, representing roughly 41% year-over-year growth, and has exceeded the high end of its own revenue guidance in each of the past two quarters. AMD Stock Is Up Over 140% This Year
• Positive Sentiment: KeyCorp raised its third-quarter 2026 EPS forecast to $1.84 from $1.64 and lifted its FY2027 estimate to $19.17 from $16.81. The firm also increased several 2027 quarterly estimates, reinforcing expectations for accelerating earnings from AMD’s data-center and AI businesses. KeyCorp Expects Higher Earnings for Advanced Micro Devices
• Neutral Sentiment: AMD is being highlighted as a potential long-term AI and high-performance-computing beneficiary. Supporters point to its data-center products, high-precision computing chips used in research and defense applications, and opportunities to gain share from Intel. Advanced Micro Devices stock information
• Negative Sentiment: Risk remains elevated after AMD’s substantial run-up: the stock trades at a very high valuation, and analysts warn that substantial future growth may already be priced in. Concerns about leveraged AI-chip financing, delayed data-center projects and a potential AI spending slowdown could renew pressure on the shares. Spotlight on Levered Chip Financing

Insider Buying and Selling at Advanced Micro Devices

In other Advanced Micro Devices news, EVP Mark D. 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 transaction of $13,595,046.57. Following the completion of the transaction, the executive vice president directly owned 1,261,461 shares of the company’s stock, valued at approximately $595,245,602.07. This trade represents a 2.23% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Lisa T. Su sold 70,000 shares of the stock in a transaction on Thursday, September 10th. The shares were sold at an average price of $506.80, for a total value of $35,476,000.00. Following the transaction, the chief executive officer directly owned 3,032,156 shares of the company’s stock, valued at approximately $1,536,696,660.80. The trade was a 2.26% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 213,838 shares of company stock valued at $105,533,836. 0.50% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on AMD. BMO Capital Markets assumed coverage on shares of Advanced Micro Devices in a report on Thursday, August 20th. They set an “outperform” rating and a $550.00 price target for the company. Melius Research set a $660.00 price objective on shares of Advanced Micro Devices in a report on Friday, July 24th. Jefferies Financial Group set a $650.00 price objective on shares of Advanced Micro Devices in a research report on Wednesday, August 5th. JPMorgan Chase & Co. boosted their price target on Advanced Micro Devices from $385.00 to $550.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 5th. Finally, Raymond James Financial raised Advanced Micro Devices from an “outperform” rating to a “strong-buy” rating and increased their price target for the company from $565.00 to $641.00 in a report on Tuesday, August 25th. Three 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 assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Advanced Micro Devices presently has an average rating of “Moderate Buy” and an average price target of $603.51.

Advanced Micro Devices Stock Performance

AMD traded up $13.94 during trading hours on Monday, hitting $542.69. The company’s stock had a trading volume of 11,840,819 shares, compared to its average volume of 32,121,559. The company has a 50-day simple moving average of $537.02 and a 200 day simple moving average of $474.16. The company has a current ratio of 2.61, a quick ratio of 1.91 and a debt-to-equity ratio of 0.03. The firm has a market capitalization of $885.92 billion, a PE ratio of 139.77, a PEG ratio of 5.43 and a beta of 2.45. Advanced Micro Devices, Inc. has a fifty-two week low of $188.22 and a fifty-two week high of $658.52.

Advanced Micro Devices (NASDAQ:AMD) last released its quarterly earnings results 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. The company had revenue of $11.54 billion during the quarter, compared to analysts’ expectations of $11.31 billion. Advanced Micro Devices had a return on equity of 12.30% and a net margin of 15.58%. The company’s revenue for the quarter was up 50.1% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.48 earnings per share. As a group, sell-side analysts expect that Advanced Micro Devices, Inc. will post 6.49 EPS 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.