Wealth Enhancement Trust Services Inc. Purchases 1,199 Shares of Advanced Micro Devices, Inc. $AMD

Wealth Enhancement Trust Services Inc. increased its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 14.0% in the third quarter, Holdings Channel reports. The institutional investor owned 9,786 shares of the semiconductor manufacturer’s stock after buying an additional 1,199 shares during the period. Wealth Enhancement Trust Services Inc.’s holdings in Advanced Micro Devices were worth $5,987,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Echo45 Advisors LLC raised its holdings in shares of Advanced Micro Devices by 46.9% in the third quarter. Echo45 Advisors LLC now owns 598 shares of the semiconductor manufacturer’s stock valued at $366,000 after purchasing an additional 191 shares during the last quarter. S.E.E.D. Planning Group LLC acquired a new stake in shares of Advanced Micro Devices in the third quarter valued at about $259,000. North Point Portfolio Managers Corp OH bought a new stake in Advanced Micro Devices during the third quarter worth about $62,000. Kwmg LLC acquired a new position in shares of Advanced Micro Devices during the 3rd quarter worth approximately $235,000. Finally, PFW Advisors LLC boosted its holdings in shares of Advanced Micro Devices by 3.0% in the 3rd quarter. PFW Advisors LLC now owns 1,721 shares of the semiconductor manufacturer’s stock valued at $1,053,000 after buying an additional 50 shares during the last quarter. Institutional investors and hedge funds own 71.34% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have commented on AMD shares. Argus increased their price target on shares of Advanced Micro Devices from $450.00 to $625.00 and gave the company a “buy” rating in a research note on Thursday, August 6th. Rosenblatt Securities reaffirmed a “buy” rating and issued a $700.00 price objective on shares of Advanced Micro Devices in a research report on Tuesday, September 29th. CLSA reissued an “outperform” rating and issued a $710.00 price objective on shares of Advanced Micro Devices in a research report on Wednesday, September 9th. Sanford C. Bernstein restated an “outperform” rating and issued a $650.00 price target on shares of Advanced Micro Devices in a research note on Wednesday, August 5th. Finally, Zacks Research lowered shares of Advanced Micro Devices from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, September 1st. Three analysts have rated the stock with a Strong Buy rating, thirty-two have given a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $576.88.

Insider Activity

In other news, SVP Ava Hahn sold 2,993 shares of the company’s stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $488.69, for a total value of $1,462,649.17. Following the completion of the transaction, the senior vice president owned 26,623 shares of the company’s stock, valued at $13,010,393.87. This represents a 10.11% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Mark D. Papermaster sold 28,811 shares of Advanced Micro Devices stock in a transaction that occurred 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 sale, the executive vice president owned 1,261,461 shares in the company, valued at approximately $595,245,602.07. This represents a 2.23% decrease in their ownership of the stock. 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. In the last ninety days, insiders sold 213,838 shares of company stock valued at $105,533,836. 0.50% of the stock is currently owned by company insiders.

Key Stories Impacting Advanced Micro Devices

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

• Positive Sentiment: Citi raised its AMD price target by 39% to $800 and maintained a Buy rating. Analyst Atif Malik cited Meta’s Muse AI-agent initiative, which could increase demand for CPUs, GPUs, memory and networking. Other analysts have also raised targets, including Mizuho to $705. Citi’s Price Target Boost Lifts AMD Shares
• Positive Sentiment: CEO Lisa Su said AI-chip demand should remain very strong for years and that AMD plans to substantially increase supply in 2027. Her meetings with suppliers in Taiwan and South Korea, including Samsung, are aimed at securing advanced wafers and memory capacity. AMD plans to substantially increase supply
• Positive Sentiment: AMD is pursuing longer-term AI opportunities through an $8.2 billion acquisition of World Labs, while its expanding partnerships with enterprise-server provider Hewlett Packard Enterprise support broader adoption of AMD-powered AI infrastructure. AMD’s physical AI strategy
• Neutral Sentiment: AMD will report fiscal third-quarter 2026 results on November 3. Investors are likely to focus on whether data-center growth, AI-chip shipments and management’s 2027 supply expansion validate the stock’s expectations. AMD earnings announcement
• Negative Sentiment: Valuation is becoming a major concern. AMD has exceeded many analyst targets after a surge of more than 200% over the past year, while its Helios rack-scale systems and next-generation products still need to ship at scale and produce durable cash flow.
• Negative Sentiment: Rising Treasury yields are pressuring high-growth technology stocks, and broader market weakness is weighing on semiconductor shares. Investors are also monitoring potential dilution from warrants granted to Meta and OpenAI, which could cover up to 320 million shares if exercised.

Advanced Micro Devices Price Performance

AMD stock traded down $3.56 during trading on Wednesday, reaching $645.86. 18,509,442 shares of the company were exchanged, compared to its average volume of 32,649,955. Advanced Micro Devices, Inc. has a twelve month low of $188.22 and a twelve month high of $658.52. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.61 and a quick ratio of 1.91. The company has a market capitalization of $1.05 trillion, a price-to-earnings ratio of 166.03, a P/E/G ratio of 6.55 and a beta of 2.45. The company has a 50-day moving average of $523.60 and a two-hundred day moving average of $455.44.

Advanced Micro Devices (NASDAQ:AMD) last announced 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. Advanced Micro Devices had a net margin of 15.58% and a return on equity of 12.30%. The company had revenue of $11.54 billion during the quarter, compared to the consensus estimate of $11.31 billion. During the same period in the prior year, the business earned $0.48 earnings per share. The company’s revenue for the quarter was up 50.1% compared to the same quarter last year. As a group, equities analysts predict that Advanced Micro Devices, Inc. will post 6.43 earnings per share for the current fiscal year.

Advanced Micro Devices Company 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.