Advanced Micro Devices, Inc. $AMD Stock: VIRGINIA RETIREMENT SYSTEMS ET Al Trims Position

VIRGINIA RETIREMENT SYSTEMS ET Al decreased its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 11.2% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 252,384 shares of the semiconductor manufacturer’s stock after selling 31,902 shares during the period. Advanced Micro Devices accounts for about 0.9% of VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings, making the stock its 12th largest holding. VIRGINIA RETIREMENT SYSTEMS ET Al’s holdings in Advanced Micro Devices were worth $154,398,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of the business. DecisionPoint Financial LLC increased its stake in shares of Advanced Micro Devices by 79.2% during the third quarter. DecisionPoint Financial LLC now owns 43 shares of the semiconductor manufacturer’s stock valued at $26,000 after buying an additional 19 shares during the period. MJT & Associates Financial Advisory Group Inc. bought a new position in shares of Advanced Micro Devices during the third quarter valued at approximately $29,000. JNBA Financial Advisors lifted its stake in Advanced Micro Devices by 142.9% in the second quarter. JNBA Financial Advisors now owns 51 shares of the semiconductor manufacturer’s stock worth $30,000 after acquiring an additional 30 shares during the period. Downshift Financial LLC lifted its stake in Advanced Micro Devices by 850.0% in the third quarter. Downshift Financial LLC now owns 57 shares of the semiconductor manufacturer’s stock worth $35,000 after acquiring an additional 51 shares during the period. Finally, Sawyer & Company Inc purchased a new stake in Advanced Micro Devices in the third quarter worth $37,000. Hedge funds and other institutional investors own 71.34% of the company’s stock.

Insiders Place Their Bets

In other Advanced Micro Devices news, CEO Lisa Su sold 70,000 shares of the stock in a transaction on Thursday, September 10th. The stock was sold at an average price of $506.80, for a total transaction of $35,476,000.00. Following the sale, the chief executive officer directly owned 3,032,156 shares in the company, valued at approximately $1,536,696,660.80. This trade represents a 2.26% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Mark Papermaster sold 28,811 shares of the stock in a transaction on Thursday, August 20th. The shares were sold at an average price of $471.87, for a total value 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. Insiders sold a total of 231,100 shares of company stock worth $114,867,400 in the last three months. Corporate insiders own 0.50% of the company’s stock.

Key Advanced Micro Devices News

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

• Positive Sentiment: AMD’s data-center revenue reportedly nearly doubled, and its Helios rack-scale systems, EPYC processors and Instinct GPUs are being deployed in Meta’s AI infrastructure. The companies also expanded their relationship through a planned $1 billion equity investment and multigeneration chip collaboration. AMD Expands AI Footprint With Meta
• Positive Sentiment: Rackspace selected AMD-powered infrastructure for HGS’s private AI deployment, adding another enterprise use case for AMD’s data-center products. HGS Selects Rackspace Technology for Private AI Infrastructure
• Positive Sentiment: Rakuten Investment Management disclosed a new approximately $283.7 million AMD position, while many large institutions—including JPMorgan, Invesco, FMR and BlackRock—reported adding shares in recent quarters. Rakuten Opens AMD Position
• Positive Sentiment: Analyst targets remain broadly above the current share price, with a reported six-month median target of $512.50 and several targets ranging from $560 to $700.
• Neutral Sentiment: AMD is scheduled to report third-quarter results on Nov. 3. Investors will focus on data-center growth, AI accelerator demand, supply constraints and management’s outlook for 2027.
• Neutral Sentiment: Recent commentary highlights a sharply divided outlook: AMD’s AI growth is accelerating, but its valuation leaves little room for an earnings or guidance disappointment. AMD Earnings Preview
• Negative Sentiment: Intel’s disappointing fourth-quarter forecast, weak PC-market conditions and margin concerns triggered a broad semiconductor selloff. Investors are questioning whether AMD faces similar demand or supply pressures. AMD Shares Slide After Intel Earnings
• Negative Sentiment: Several reports argue AMD is priced more aggressively than NVIDIA despite slower expected growth, making the stock vulnerable to profit-taking before earnings. AMD Reports on Nov. 3
• Negative Sentiment: Insiders have reported 147 open-market sales and no purchases over the past six months, including substantial sales by CEO Lisa Su and other executives. Cathie Wood’s ARK Invest has also continued trimming AMD, adding to near-term sentiment pressure.

Advanced Micro Devices Stock Down 10.9%

Shares of Advanced Micro Devices stock opened at $504.80 on Friday. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.91 and a current ratio of 2.61. The stock has a market capitalization of $824.07 billion, a PE ratio of 129.77, a price-to-earnings-growth ratio of 5.81 and a beta of 2.45. Advanced Micro Devices, Inc. has a 52-week low of $188.22 and a 52-week high of $658.52. The company has a 50-day simple moving average of $548.29 and a two-hundred day simple moving average of $409.20.

Advanced Micro Devices (NASDAQ:AMD) last posted its quarterly earnings results on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 EPS for the quarter, beating analysts’ consensus estimates of $1.62 by $0.04. The firm had revenue of $11.54 billion for the quarter, compared to analysts’ expectations of $11.31 billion. Advanced Micro Devices had a net margin of 15.58% and a return on equity of 12.30%. The business’s revenue for the quarter was up 50.1% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.48 earnings per share. On average, analysts anticipate that Advanced Micro Devices, Inc. will post 6.50 EPS for the current fiscal year.

Wall Street Analyst Weigh In

AMD has been the topic of a number of research analyst reports. Mizuho boosted their price objective on shares of Advanced Micro Devices from $580.00 to $705.00 and gave the company an “outperform” rating in a research report on Tuesday, October 6th. Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $650.00 target price on shares of Advanced Micro Devices in a research report on Wednesday, August 5th. Raymond James Financial raised shares of Advanced Micro Devices from an “outperform” rating to a “strong-buy” rating and lifted their target price for the company from $565.00 to $641.00 in a research note on Tuesday, August 25th. Wall Street Zen cut shares of Advanced Micro Devices from a “buy” rating to a “hold” rating in a research report on Saturday. Finally, Argus upped their target price on Advanced Micro Devices from $450.00 to $625.00 and gave the stock a “buy” rating in a report on Thursday, August 6th. Three analysts have rated the stock with a Strong Buy rating, thirty-one have given a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $607.57.

Advanced Micro Devices 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.