Advanced Micro Devices, Inc. $AMD Shares Purchased by Mezzasalma Advisors LLC

Mezzasalma Advisors LLC raised its stake in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 33.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 16,137 shares of the semiconductor manufacturer’s stock after purchasing an additional 4,060 shares during the period. Advanced Micro Devices accounts for 2.2% of Mezzasalma Advisors LLC’s holdings, making the stock its 12th biggest holding. Mezzasalma Advisors LLC’s holdings in Advanced Micro Devices were worth $10,924,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently modified their holdings of the company. BlackRock Inc. raised its position in Advanced Micro Devices by 3.1% in the 2nd quarter. BlackRock Inc. now owns 150,301,510 shares of the semiconductor manufacturer’s stock valued at $87,311,650,000 after buying an additional 4,535,126 shares during the last quarter. State Street Corp boosted its holdings in shares of Advanced Micro Devices by 2.9% in the 2nd quarter. State Street Corp now owns 76,920,783 shares of the semiconductor manufacturer’s stock worth $46,606,266,000 after buying an additional 2,149,563 shares during the last quarter. Invesco Ltd. increased its holdings in Advanced Micro Devices by 15.9% during the fourth quarter. Invesco Ltd. now owns 15,473,280 shares of the semiconductor manufacturer’s stock worth $3,313,758,000 after buying an additional 2,124,867 shares during the last quarter. Bank of America Corp DE bought a new stake in shares of Advanced Micro Devices in the 2nd quarter worth approximately $7,022,226,000. Finally, Jennison Associates LLC grew its holdings in Advanced Micro Devices by 5.8% during the second quarter. Jennison Associates LLC now owns 9,972,952 shares of the semiconductor manufacturer’s stock valued at $5,793,388,000 after purchasing an additional 545,575 shares during the period. 71.34% of the stock is currently owned by institutional investors.

Key Advanced Micro Devices News

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

• Positive Sentiment: AMD’s AI positioning continues to strengthen. SemiAnalysis reportedly found that software improvements are helping AMD narrow NVIDIA’s AI-inference advantage without requiring new chips. AMD also introduced its Helios open-rack platform for agentic AI, with CPU-only and GPU configurations planned for availability in November. AMD Challenges Nvidia’s AI Inference Lead AMD Helion Blueprint
• Positive Sentiment: AMD’s credit support for Fermi’s 222-megawatt Texas data-center lease could help ensure power availability for future AI deployments and chip demand. The broader project may eventually support up to 650 megawatts, although the arrangement also exposes AMD to infrastructure-related execution risk. Fermi Partnership With AMD
• Neutral Sentiment: AMD is reportedly acquiring World Labs, an AI startup led by Fei-Fei Li, in an all-stock transaction valued at approximately $8.2 billion. The technology could support 3D-world generation and robotics training, but the deal adds integration and valuation considerations. AMD World Labs Acquisition
• Negative Sentiment: CoreWeave’s bond selloff raised concerns that heavily leveraged AI infrastructure operators may struggle to finance expansion or generate adequate returns. That prompted investors to question future demand for AMD and other AI accelerators. AMD Stock Takes a Bigger Hit as Cracks Emerge in the AI Trade
• Negative Sentiment: A hotter-than-expected September inflation report increased interest-rate and financing concerns, while reports of an OpenAI revenue reset, elevated semiconductor valuations and intensifying Chinese competition added pressure. AMD’s roughly 183% year-to-date advance and premium earnings multiple leave the stock vulnerable to profit-taking. Why AMD Stock Is Falling

Advanced Micro Devices Trading Down 5.7%

NASDAQ:AMD opened at $570.82 on Thursday. The firm has a market capitalization of $931.85 billion, a P/E ratio of 146.74, a P/E/G ratio of 6.26 and a beta of 2.45. The company has a quick ratio of 1.91, a current ratio of 2.61 and a debt-to-equity ratio of 0.03. The company has a fifty day moving average of $534.65 and a 200 day moving average of $469.28. Advanced Micro Devices, Inc. has a 52 week low of $188.22 and a 52 week high of $658.52.

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, beating 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 for the quarter, compared to the consensus estimate of $11.31 billion. During the same quarter in the previous year, the business earned $0.48 EPS. Advanced Micro Devices’s revenue was up 50.1% compared to the same quarter last year. On average, research analysts predict that Advanced Micro Devices, Inc. will post 6.45 earnings per share for the current year.

Wall Street Analysts Forecast Growth

AMD has been the subject of several recent research reports. Stifel Nicolaus lifted their target price on shares of Advanced Micro Devices from $635.00 to $700.00 and gave the stock a “buy” rating in a research note on Monday, October 5th. Citigroup upped their price target on Advanced Micro Devices from $575.00 to $800.00 and gave the company a “buy” rating in a research report on Tuesday, October 6th. Melius Research set a $660.00 price target on shares of Advanced Micro Devices in a research report on Friday, July 24th. Weiss Ratings upgraded Advanced Micro Devices from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Thursday, October 8th. Finally, UBS Group reiterated an “overweight” rating on shares of Advanced Micro Devices in a research report on Friday, July 24th. Three research analysts have rated the stock with a Strong Buy rating, thirty-one have given a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $603.51.

Insider Buying and Selling at Advanced Micro Devices

In other 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 value of $13,595,046.57. Following the sale, the executive vice president directly owned 1,261,461 shares of the company’s stock, valued at approximately $595,245,602.07. This represents a 2.23% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Paul Grasby sold 15,000 shares of the company’s stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $514.91, for a total transaction of $7,723,650.00. Following the completion of the transaction, the executive vice president owned 117,687 shares in the company, valued at approximately $60,598,213.17. The trade was a 11.30% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last three months, insiders have sold 213,838 shares of company stock valued at $105,533,836. Company insiders own 0.50% of the company’s stock.

Advanced Micro Devices 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.