Advanced Micro Devices, Inc. $AMD Stock: Kelleher Financial Advisors Trims Position

Kelleher Financial Advisors lowered its position in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 68.0% in the 3rd quarter, Holdings Channel reports. The fund owned 819 shares of the semiconductor manufacturer’s stock after selling 1,739 shares during the quarter. Kelleher Financial Advisors’ holdings in Advanced Micro Devices were worth $501,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in AMD. First Citizens Financial Corp raised its holdings in Advanced Micro Devices by 3.4% in the third quarter. First Citizens Financial Corp now owns 490 shares of the semiconductor manufacturer’s stock worth $300,000 after purchasing an additional 16 shares in the last quarter. Fearless Solutions LLC dba Best Invest lifted its position in Advanced Micro Devices by 1.5% during the third quarter. Fearless Solutions LLC dba Best Invest now owns 1,174 shares of the semiconductor manufacturer’s stock valued at $718,000 after buying an additional 17 shares during the period. Private Client Services LLC lifted its position in Advanced Micro Devices by 1.7% during the third quarter. Private Client Services LLC now owns 1,079 shares of the semiconductor manufacturer’s stock valued at $660,000 after buying an additional 18 shares during the period. Essential Investment Partners LLC boosted its holdings in shares of Advanced Micro Devices by 40.0% during the 3rd quarter. Essential Investment Partners LLC now owns 63 shares of the semiconductor manufacturer’s stock valued at $39,000 after buying an additional 18 shares in the last quarter. Finally, CKW Financial Group boosted its holdings in shares of Advanced Micro Devices by 1.3% during the 3rd quarter. CKW Financial Group now owns 1,450 shares of the semiconductor manufacturer’s stock valued at $893,000 after buying an additional 18 shares in the last quarter. Hedge funds and other institutional investors own 71.34% 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 beat third-quarter earnings and revenue estimates, with data-center revenue up about 97% year over year on demand for Instinct GPUs and EPYC CPUs. The results helped bolster confidence that AI spending is translating into sales. Reuters report on AMD’s results and outlook
• Positive Sentiment: The company forecast fourth-quarter revenue of about $17 billion, above analyst expectations, and management outlined potential revenue growth of more than 80% in 2027 as AI infrastructure expands. AMD Q3 earnings-call outlook
• Positive Sentiment: Several analysts raised price targets after the results, including Piper Sandler, which lifted its target to $650 and maintained an Overweight rating. These revisions reflect optimism about AI demand and server CPU prospects. Analyst views following AMD’s results
• Neutral Sentiment: The strong results and outlook have helped shares recover, but the stock’s reaction has been uneven as investors weigh whether AMD can deliver on ambitious 2027 expectations. Analysts assess AMD’s earnings
• Negative Sentiment: Risks include an elevated valuation, weaker gaming performance, and pressure on free cash flow as AMD invests to support growth. The company also faces constraints in sourcing high-bandwidth memory, while Intel and custom-chip providers compete for data-center spending. AMD growth opportunities and risks

Advanced Micro Devices Stock Performance

AMD stock opened at $488.78 on Thursday. The stock has a market capitalization of $797.92 billion, a PE ratio of 106.26, a price-to-earnings-growth ratio of 4.97 and a beta of 2.49. Advanced Micro Devices, Inc. has a 12-month low of $188.22 and a 12-month high of $658.52. 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 stock’s 50 day simple moving average is $548.90 and its 200 day simple moving average is $413.03.

Advanced Micro Devices (NASDAQ:AMD) last posted its earnings results on Tuesday, November 3rd. The semiconductor manufacturer reported $2.09 EPS for the quarter, topping analysts’ consensus estimates of $1.95 by $0.14. The business had revenue of $13.38 billion during the quarter, compared to analyst estimates of $13.10 billion. Advanced Micro Devices had a return on equity of 14.34% and a net margin of 16.77%. The company’s quarterly revenue was up 44.7% compared to the same quarter last year. During the same quarter last year, the company earned $1.20 EPS. As a group, research analysts forecast that Advanced Micro Devices, Inc. will post 6.50 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of analysts have recently weighed in on AMD shares. Robert W. Baird set a $1,250.00 target price on shares of Advanced Micro Devices in a research report on Friday, July 24th. CLSA reissued an “outperform” rating and set a $710.00 price target on shares of Advanced Micro Devices in a research report on Wednesday, September 9th. Wells Fargo & Company lowered their price target on shares of Advanced Micro Devices from $700.00 to $650.00 and set an “overweight” rating for the company in a research report on Wednesday. Wall Street Zen lowered shares of Advanced Micro Devices from a “buy” rating to a “hold” rating in a research note on Saturday, October 31st. Finally, JPMorgan Chase & Co. boosted their price objective on shares of Advanced Micro Devices from $550.00 to $575.00 and gave the stock a “neutral” rating in a research note on Wednesday. Three research analysts have rated the stock with a Strong Buy rating, thirty-two have given a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $627.61.

Insider Activity

In related news, EVP Paul Grasby sold 15,000 shares of Advanced Micro Devices stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $514.91, for a total value of $7,723,650.00. Following the completion of the sale, the executive vice president directly owned 117,687 shares in the company, valued at approximately $60,598,213.17. This trade represents a 11.30% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, EVP Mark D. Papermaster sold 28,811 shares of the business’s stock in a transaction dated 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 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. 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. Over the last 90 days, insiders sold 231,100 shares of company stock valued at $114,867,400. Corporate 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.