1,888 Advanced Micro Devices, Inc. $AMD Shares Acquired by Fragasso Financial Advisors Inc

Fragasso Financial Advisors Inc boosted its position in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 31.4% in the 3rd quarter, HoldingsChannel reports. The firm owned 7,897 shares of the semiconductor manufacturer’s stock after acquiring an additional 1,888 shares during the period. Fragasso Financial Advisors Inc’s holdings in Advanced Micro Devices were worth $4,802,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Cornerstone Financial Management LLC bought a new position in shares of Advanced Micro Devices in the fourth quarter worth $27,000. MJT & Associates Financial Advisory Group Inc. bought a new stake in Advanced Micro Devices during the 3rd quarter valued at $29,000. JNBA Financial Advisors increased its stake in Advanced Micro Devices by 142.9% in the 2nd quarter. JNBA Financial Advisors now owns 51 shares of the semiconductor manufacturer’s stock valued at $30,000 after buying an additional 30 shares during the last quarter. Graney & King LLC bought a new stake in shares of Advanced Micro Devices in the 1st quarter worth approximately $31,000. Finally, Main Street Group LTD bought a new position in Advanced Micro Devices in the 1st quarter worth about $33,000. Institutional investors and hedge funds own 71.34% of the company’s stock.

Advanced Micro Devices Price Performance

Advanced Micro Devices stock traded up $3.51 during mid-day trading on Tuesday, reaching $597.75. 9,522,541 shares of the company’s stock traded hands, compared to its average volume of 32,296,340. The stock has a 50 day moving average of $531.14 and a two-hundred day moving average of $463.99. The company has a quick ratio of 1.91, a current ratio of 2.61 and a debt-to-equity ratio of 0.03. Advanced Micro Devices, Inc. has a 12-month low of $188.22 and a 12-month high of $658.52. The company has a market cap of $975.81 billion, a price-to-earnings ratio of 154.09, a PEG ratio of 6.29 and a beta of 2.45.

Advanced Micro Devices (NASDAQ:AMD) last issued its quarterly earnings results on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.62 by $0.04. Advanced Micro Devices had a return on equity of 12.30% and a net margin of 15.58%. The company had revenue of $11.54 billion during the quarter, compared to the consensus estimate of $11.31 billion. During the same period last year, the company earned $0.48 earnings per share. Advanced Micro Devices’s revenue was up 50.1% on a year-over-year basis. Equities analysts forecast that Advanced Micro Devices, Inc. will post 6.45 earnings per share for the current year.

Insider Buying and Selling

In other Advanced Micro Devices news, CEO Lisa T. Su sold 25,000 shares of Advanced Micro Devices stock in a transaction dated Thursday, September 10th. The stock was sold at an average price of $506.79, for a total value of $12,669,750.00. Following the transaction, the chief executive officer owned 74,211 shares in the company, valued at $37,609,392.69. The trade was a 25.20% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 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 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 in the company, valued at $595,245,602.07. This represents a 2.23% 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. Insiders sold 213,838 shares of company stock worth $105,533,836 over the last 90 days. Corporate insiders own 0.50% of the company’s stock.

Advanced Micro Devices News Roundup

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

• Positive Sentiment: Scaleway plans to build an AMD-powered AI supercomputer in Sweden, providing a tangible customer win for AMD’s EPYC processors and Instinct accelerators and supporting its expansion beyond Nvidia’s ecosystem. Scaleway to build AMD-powered AI supercomputer in Sweden
• Positive Sentiment: AMD unveiled its Helion open rack-scale platform for agentic AI. The design can support CPU-only systems or combined CPU/GPU configurations, with availability planned for November 2026, potentially broadening AMD’s role in enterprise and hyperscale data centers. AMD unveils Helion open rack blueprint
• Positive Sentiment: CEO Lisa Su said AI inference and agentic applications could drive approximately $1.5 trillion of demand by 2030, reinforcing AMD’s long-term growth opportunity if it can capture more accelerator and infrastructure share. AMD CEO Lisa Su on AI inference demand
• Neutral Sentiment: Reports that President Donald Trump’s investment team sold as much as $5 million of AMD shares in August may weigh on sentiment, but the trade was made by an independent investment team and is not a direct company-specific signal. Trump investment team sold AMD
• Negative Sentiment: AMD is participating in a wider chip-sector decline as investors question AI funding, face rising China competition in advanced memory and reassess the sustainability of heavy data-center spending. Chip stocks extend slide
• Negative Sentiment: OpenAI’s reportedly reduced revenue outlook has prompted investors to revisit assumptions about AI infrastructure demand, creating indirect risk for AMD’s accelerator growth and related projects.
• Negative Sentiment: Recent Helion and other AI infrastructure announcements have not produced immediate revenue, leaving investors focused on execution, customer adoption and the timing of future deployments.
• Negative Sentiment: After a substantial run-up, AMD trades at a very demanding valuation—roughly 151 times earnings and 6.3 times expected growth—raising profit-taking risk and requiring strong earnings growth to justify the share price.

Analyst Upgrades and Downgrades

Several brokerages have issued reports on AMD. Argus upped their target price on Advanced Micro Devices from $450.00 to $625.00 and gave the stock a “buy” rating in a research note on Thursday, August 6th. William Blair restated a “market perform” rating on shares of Advanced Micro Devices in a research note on Friday, July 24th. Mizuho lifted their price objective on Advanced Micro Devices from $580.00 to $705.00 and gave the stock an “outperform” rating in a report on Tuesday, October 6th. Susquehanna raised their target price on Advanced Micro Devices from $450.00 to $500.00 and gave the stock a “positive” rating in a research report on Thursday, July 30th. Finally, Melius Research set a $660.00 price target on Advanced Micro Devices in a report on Friday, July 24th. Three investment analysts have rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Advanced Micro Devices presently has a consensus rating of “Moderate Buy” and an average price target of $593.82.

About Advanced Micro Devices

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.