Advanced Micro Devices, Inc. $AMD Stock Position Raised by M & L Capital Management Ltd

M & L Capital Management Ltd grew its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 3,332.4% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 58,350 shares of the semiconductor manufacturer’s stock after buying an additional 56,650 shares during the period. Advanced Micro Devices accounts for about 7.4% of M & L Capital Management Ltd’s holdings, making the stock its 3rd biggest holding. M & L Capital Management Ltd’s holdings in Advanced Micro Devices were worth $35,696,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. First Citizens Financial Corp grew its stake in Advanced Micro Devices by 3.4% during the 3rd quarter. First Citizens Financial Corp now owns 490 shares of the semiconductor manufacturer’s stock valued at $300,000 after acquiring an additional 16 shares in the last quarter. Fearless Solutions LLC dba Best Invest raised its holdings in Advanced Micro Devices by 1.5% in the 3rd quarter. Fearless Solutions LLC dba Best Invest now owns 1,174 shares of the semiconductor manufacturer’s stock valued at $718,000 after acquiring an additional 17 shares during the last quarter. Private Client Services LLC raised its holdings in Advanced Micro Devices by 1.7% in the 3rd quarter. Private Client Services LLC now owns 1,079 shares of the semiconductor manufacturer’s stock valued at $660,000 after acquiring an additional 18 shares during the last quarter. Box Hill Private Wealth LLC raised its holdings in Advanced Micro Devices by 2.5% in the 3rd quarter. Box Hill Private Wealth LLC now owns 794 shares of the semiconductor manufacturer’s stock valued at $486,000 after acquiring an additional 19 shares during the last quarter. Finally, Trust Co of the South lifted its stake in Advanced Micro Devices by 1.1% in the 3rd quarter. Trust Co of the South now owns 1,765 shares of the semiconductor manufacturer’s stock worth $1,080,000 after purchasing an additional 19 shares in the last quarter. 71.34% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Advanced Micro Devices

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

• Positive Sentiment: Expanded Meta partnership strengthens AMD’s AI growth narrative. AMD will invest $1 billion in Meta’s equity offering, while Meta is testing AMD Helios rack-scale systems, using EPYC processors and deploying Instinct GPUs for AI workloads. The companies also plan to collaborate on future GPUs, networking and software at gigawatt scale. The agreement provides additional visibility into potential hyperscale demand ahead of AMD’s November 3 earnings report. AMD and Meta partnership announcement
• Positive Sentiment: Analysts see data-center momentum. Rosenblatt named AMD its top semiconductor pick heading into earnings, citing improving server and AI demand. Susquehanna also reportedly raised its price target to $620 from $550, while a new Vultr cloud region will use a 20-megawatt AMD Instinct MI355X supercluster. Rosenblatt semiconductor picks
• Positive Sentiment: Long-term earnings expectations remain bullish. AMD has targeted adjusted EPS above $20 within three to five years of its 2025 analyst day, and CEO Lisa Su has indicated the company expects to significantly exceed that goal. Recent results also showed strong execution, with quarterly revenue up 50.1% year over year and EPS ahead of consensus. AMD long-term earnings outlook
• Neutral Sentiment: Meta’s financing creates both opportunity and scrutiny. Meta’s planned equity raise of up to $95 billion is intended to fund AI infrastructure, with AMD, Nvidia and Broadcom participating or expressing interest in buying shares. Investors welcomed the implied customer commitment, but commentators questioned whether supplier investments could represent circular financing rather than purely organic demand. AMD Meta investment report
• Neutral Sentiment: Upcoming earnings are a significant near-term catalyst. Options markets imply a potentially large move around the November 3 report, increasing the importance of AMD’s data-center revenue, AI GPU demand and forward guidance.
• Negative Sentiment: Valuation and competitive risks remain elevated. Commentary noted that AMD has risen rapidly, trades at a very high earnings multiple and remains substantially smaller than Nvidia in data-center scale and margins. Higher advanced-packaging and wafer costs from TSMC could also pressure AMD’s profitability. AMD valuation and stock information
• Negative Sentiment: Insider selling is a sentiment concern. Reported insider activity showed 147 open-market sales and no purchases during the past six months, including substantial sales by senior executives. Such transactions may reflect diversification, but they provide a counterpoint to the bullish AI narrative.

Advanced Micro Devices Price Performance

Advanced Micro Devices stock opened at $560.26 on Wednesday. The firm has a 50 day simple moving average of $543.70 and a 200-day simple moving average of $404.03. 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 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. The firm had revenue of $11.54 billion for the quarter, compared to analysts’ expectations of $11.31 billion. The firm’s quarterly revenue was up 50.1% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.48 EPS. Equities analysts forecast that Advanced Micro Devices, Inc. will post 6.50 EPS for the current year.

Analyst Upgrades and Downgrades

Several brokerages have recently weighed in on AMD. Bank of America boosted their target price on Advanced Micro Devices from $620.00 to $720.00 and gave the stock a “buy” rating in a report on Friday, September 25th. Wedbush restated an “outperform” rating and issued a $600.00 price target on shares of Advanced Micro Devices in a research report on Tuesday, October 20th. Mizuho increased their price target on Advanced Micro Devices from $580.00 to $705.00 and gave the company an “outperform” rating in a report on Tuesday, October 6th. Morgan Stanley lifted their price objective on Advanced Micro Devices from $410.00 to $465.00 and gave the stock an “equal weight” rating in a research report on Wednesday, August 5th. Finally, Wall Street Zen upgraded Advanced Micro Devices from a “hold” rating to a “buy” rating in a research report on Sunday, October 4th. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $606.76.

Insider Buying and Selling

In other Advanced Micro Devices news, EVP Mark D. Papermaster sold 28,811 shares of Advanced Micro Devices 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 sale, the executive vice president owned 1,261,461 shares in the company, valued at $595,245,602.07. The trade was a 2.23% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Lisa T. Su sold 70,000 shares of the company’s 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 completion of the transaction, the chief executive officer directly owned 3,032,156 shares in the company, valued at approximately $1,536,696,660.80. This trade represents a 2.26% decrease in their position. 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 sold a total of 231,100 shares of company stock valued at $114,867,400 in the last ninety days. Company insiders own 0.50% of the company’s stock.

About Advanced Micro Devices

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.