Advanced Micro Devices, Inc. $AMD Stock Sold by Wedbush Securities Inc.

Wedbush Securities Inc. cut its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 4.3% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 70,694 shares of the semiconductor manufacturer’s stock after selling 3,145 shares during the quarter. Advanced Micro Devices makes up approximately 1.1% of Wedbush Securities Inc.’s holdings, making the stock its 12th biggest position. Wedbush Securities Inc.’s holdings in Advanced Micro Devices were worth $43,248,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of the company. Ramsey Quantitative Systems purchased a new position in Advanced Micro Devices in the 3rd quarter worth approximately $104,000. TSA Wealth Managment LLC grew its holdings in Advanced Micro Devices by 2.0% during the 3rd quarter. TSA Wealth Managment LLC now owns 1,306 shares of the semiconductor manufacturer’s stock valued at $799,000 after buying an additional 25 shares in the last quarter. Washington Trust Advisors Inc. grew its holdings in Advanced Micro Devices by 29.8% during the 3rd quarter. Washington Trust Advisors Inc. now owns 405 shares of the semiconductor manufacturer’s stock valued at $248,000 after buying an additional 93 shares in the last quarter. XXI Wealth LLC raised its position in shares of Advanced Micro Devices by 5.5% during the third quarter. XXI Wealth LLC now owns 4,931 shares of the semiconductor manufacturer’s stock valued at $3,017,000 after buying an additional 255 shares during the last quarter. Finally, MLP3 LLC bought a new stake in shares of Advanced Micro Devices during the third quarter valued at approximately $202,000. Hedge funds and other institutional investors own 71.34% of the company’s stock.

More Advanced Micro Devices News

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

• Positive Sentiment: Analyst support is helping sentiment. AMD received an analyst upgrade, while Erste Group raised its FY2027 earnings estimate to $15.05 per share from $14.80. The company’s long-term earnings outlook is being supported by expectations for continued AI accelerator demand. AMD Stock Jumps Following Analyst Upgrade
• Positive Sentiment: AI growth remains the core bullish argument. Articles point to AMD’s hyperscaler contracts, data-center expansion and expected product cycles as potential drivers of substantial future revenue growth. AMD recently reported 50.1% year-over-year revenue growth, and analysts continue to debate whether its AI opportunity is being underestimated. AMD’s Potential May Be Underestimated
• Neutral Sentiment: Today’s strength follows a broad technology rebound. AMD and Intel recovered after a sharp semiconductor sell-off, while AMD also contributed to gains in the Invesco QQQ Trust. This suggests some of the buying reflects sector rotation and short-term dip buying rather than a change in AMD’s fundamentals. Why AMD and Intel Stocks Are Gaining
• Negative Sentiment: Valuation and execution risks remain significant. AMD has already risen sharply this year, and its high earnings multiple leaves little room for disappointment. Investors are focused on whether upcoming earnings and new AI products can validate the expectations embedded in the stock. AMD Stock Price Prediction
• Negative Sentiment: Competitive and macroeconomic pressures could limit upside. Nvidia is expanding into CPU systems traditionally dominated by AMD and Intel, while higher oil prices, interest rates and questions about AI infrastructure spending are weighing on the broader semiconductor trade. Nvidia Enters the CPU Market

Advanced Micro Devices Stock Up 1.7%

Shares of AMD opened at $516.79 on Friday. The stock has a market capitalization of $843.64 billion, a price-to-earnings ratio of 132.85, a price-to-earnings-growth ratio of 5.30 and a beta of 2.45. Advanced Micro Devices, Inc. has a 1 year low of $188.22 and a 1 year high of $658.52. The business’s 50 day simple moving average is $541.54 and its 200-day simple moving average is $483.45. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.61 and a quick ratio of 1.91.

Advanced Micro Devices (NASDAQ:AMD) last posted its earnings results on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 earnings per share for the quarter, beating analysts’ consensus estimates 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 firm had revenue of $11.54 billion during the quarter, compared to analyst estimates of $11.31 billion. During the same period last year, the firm posted $0.48 earnings per share. Advanced Micro Devices’s revenue for the quarter was up 50.1% compared to the same quarter last year. As a group, equities analysts expect that Advanced Micro Devices, Inc. will post 6.50 earnings per share for the current fiscal year.

Insider Activity at Advanced Micro Devices

In other news, CEO Lisa T. Su sold 25,000 shares of the business’s stock in a transaction dated Thursday, September 10th. The shares were sold at an average price of $506.79, for a total value of $12,669,750.00. Following the sale, the chief executive officer directly owned 74,211 shares in the company, valued at $37,609,392.69. The trade was a 25.20% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Jean X. Hu sold 15,000 shares of the business’s stock in a transaction dated Tuesday, August 25th. The stock was sold at an average price of $474.08, for a total transaction of $7,111,200.00. Following the completion of the sale, the executive vice president owned 160,979 shares in the company, valued at approximately $76,316,924.32. This trade represents a 8.52% decrease in their ownership of the stock. 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 have sold 231,100 shares of company stock valued at $114,867,400 over the last quarter. 0.50% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several equities analysts have recently commented on AMD shares. KeyCorp set a $650.00 target price on shares of Advanced Micro Devices in a report on Wednesday, August 5th. Sanford C. Bernstein reiterated an “outperform” rating and issued a $650.00 price target on shares of Advanced Micro Devices in a report on Wednesday, August 5th. Jefferies Financial Group set a $650.00 price target on shares of Advanced Micro Devices in a report on Wednesday, August 5th. Stifel Nicolaus boosted their price target 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. Finally, Argus increased their price objective on shares of Advanced Micro Devices from $450.00 to $625.00 and gave the company a “buy” rating in a report on Thursday, August 6th. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $606.76.

Advanced Micro Devices Company Profile

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.