Advanced Micro Devices, Inc. $AMD Stock Position Lowered by Parnassus Investments LLC

Parnassus Investments LLC reduced its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 26.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,920,991 shares of the semiconductor manufacturer’s stock after selling 1,070,066 shares during the period. Parnassus Investments LLC owned about 0.18% of Advanced Micro Devices worth $472,587,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of the company. MASTERINVEST Kapitalanlage GmbH lifted its stake in Advanced Micro Devices by 1.2% during the third quarter. MASTERINVEST Kapitalanlage GmbH now owns 32,915 shares of the semiconductor manufacturer’s stock worth $5,325,000 after purchasing an additional 400 shares during the period. Sumitomo Mitsui DS Asset Management Company Ltd boosted its position in shares of Advanced Micro Devices by 0.3% during the third quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 263,721 shares of the semiconductor manufacturer’s stock worth $42,667,000 after purchasing an additional 894 shares in the last quarter. Jessup Wealth Management Inc grew its holdings in shares of Advanced Micro Devices by 9.1% in the 3rd quarter. Jessup Wealth Management Inc now owns 82,055 shares of the semiconductor manufacturer’s stock valued at $13,276,000 after buying an additional 6,845 shares during the period. Oregon Public Employees Retirement Fund increased its position in shares of Advanced Micro Devices by 32.3% in the 3rd quarter. Oregon Public Employees Retirement Fund now owns 185,478 shares of the semiconductor manufacturer’s stock valued at $30,008,000 after buying an additional 45,242 shares in the last quarter. Finally, State of Alaska Department of Revenue raised its stake in Advanced Micro Devices by 9.9% during the 3rd quarter. State of Alaska Department of Revenue now owns 215,750 shares of the semiconductor manufacturer’s stock worth $34,906,000 after buying an additional 19,371 shares during the period. 71.34% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently commented on AMD shares. TD Cowen raised their price target on Advanced Micro Devices from $270.00 to $290.00 and gave the stock a “buy” rating in a research report on Wednesday, November 5th. Cantor Fitzgerald set a $300.00 price objective on Advanced Micro Devices in a report on Tuesday, December 16th. Stifel Nicolaus increased their target price on Advanced Micro Devices from $240.00 to $280.00 and gave the company a “buy” rating in a research report on Wednesday, November 5th. Barclays restated an “overweight” rating on shares of Advanced Micro Devices in a research report on Wednesday, November 12th. Finally, Truist Financial reduced their price objective on shares of Advanced Micro Devices from $279.00 to $277.00 and set a “buy” rating on the stock in a research note on Friday, December 19th. Three research analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and eleven have issued a Hold rating to the stock. According to MarketBeat, Advanced Micro Devices presently has an average rating of “Moderate Buy” and an average price target of $277.06.

Advanced Micro Devices News Summary

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

• Positive Sentiment: Long‑term upside thesis remains intact — The Motley Fool argues AMD’s recovery and AI exposure support multi‑year gains, reinforcing a growth narrative that can attract buy‑and‑hold investors. Where Will AMD Stock Be in 5 Years?
• Positive Sentiment: Third‑party partnerships and CES showcases boost AI credibility — A GlobeNewswire release highlights KunlunMeta’s partnership with AMD at CES, signaling customer interest in AMD accelerators for Chinese AI stacks. Partnerships like this underwrite revenue opportunities in data‑center inference. KunlunMeta Partners with AMD to Shine at CES
• Positive Sentiment: Analysts and market roundup highlight AMD as an AI leader — Weekly market reviews that call out Nvidia and AMD focus investor attention on AMD’s role in the AI infrastructure buildout, supporting demand expectations for MI‑series chips. Stock Market Rallies Broadly To Highs; Nvidia, AMD, Bloom Energy In Focus: Weekly Review
• Neutral Sentiment: CES generated broad AI/robotics headlines but mixed investor reaction — CNBC covered CES robot and AI demos that included AMD; media buzz raises profile but doesn’t guarantee immediate orders or margins. Humanoid robots take over CES in Las Vegas as tech industry touts future of AI
• Neutral Sentiment: Analyst/opinion pieces debate valuation after pullback — Several articles (Seeking Alpha, Yahoo Finance, Zacks) discuss whether a recent pullback leaves AMD attractively priced given a lofty P/E and high growth expectations; these pieces can support both buy and wait‑and‑see positions. AMD: Golden Buying Opportunity After Sentiment-Driven Selloff
• Negative Sentiment: Profit‑taking and sentiment‑driven selling after CES announcements — Coverage notes a short‑term slide as investors rotate out after a big 2025 run; some traders view the CES reveal as underwhelming versus lofty expectations. Why is AMD stock plunging sharply on Thursday?
• Negative Sentiment: Insider selling and noisy social sentiment add caution — Aggregated commentary and data show heavy insider sales and mixed social media reaction to the MI450/Helios launches, which can amplify short‑term downside risk even if fundamentals remain strong. Advanced Micro Devices Stock (AMD) Opinions on CES 2026 Announcements
• Negative Sentiment: Debate on whether MI‑series hype is priced in — Critical pieces ask if MI450/Helios announcements represent a true breakout or mostly hype, raising execution and competitive risk concerns that could pressure the stock if adoption timelines slip. Advanced Micro Devices: AI Breakout Or Just Hype Around MI450 And Helios?

Insider Transactions at Advanced Micro Devices

In other news, EVP Forrest Eugene Norrod sold 19,450 shares of the stock in a transaction on Wednesday, November 19th. The stock was sold at an average price of $229.37, for a total transaction of $4,461,246.50. Following the completion of the transaction, the executive vice president owned 300,348 shares in the company, valued at approximately $68,890,820.76. This represents a 6.08% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Mark D. Papermaster sold 17,108 shares of the stock in a transaction dated Friday, November 14th. The stock was sold at an average price of $240.12, for a total transaction of $4,107,972.96. Following the transaction, the executive vice president owned 1,714,505 shares of the company’s stock, valued at $411,686,940.60. This represents a 0.99% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 178,358 shares of company stock worth $39,229,623 in the last quarter. Insiders own 0.06% of the company’s stock.

Advanced Micro Devices Trading Down 0.7%

Shares of AMD stock opened at $203.17 on Friday. Advanced Micro Devices, Inc. has a fifty-two week low of $76.48 and a fifty-two week high of $267.08. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.68 and a current ratio of 2.31. The stock has a 50 day simple moving average of $221.33 and a two-hundred day simple moving average of $191.90. The company has a market cap of $330.77 billion, a P/E ratio of 100.58, a PEG ratio of 0.87 and a beta of 1.95.

Advanced Micro Devices (NASDAQ:AMD) last released its quarterly earnings data on Tuesday, November 4th. The semiconductor manufacturer reported $1.20 earnings per share for the quarter, topping the consensus estimate of $1.17 by $0.03. Advanced Micro Devices had a net margin of 10.32% and a return on equity of 8.04%. The firm had revenue of $9.25 billion for the quarter, compared to the consensus estimate of $8.76 billion. During the same quarter in the prior year, the company posted $0.92 earnings per share. The business’s revenue was up 35.6% on a year-over-year basis. Research analysts forecast that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current year.

Advanced Micro Devices Profile

Advanced Micro Devices, Inc (NASDAQ: AMD) is a global semiconductor company that designs and sells microprocessors, graphics processors, chipsets and adaptive computing solutions for a broad set of markets. The company’s product portfolio includes consumer and commercial CPUs under the Ryzen and Threadripper brands, data center processors under the EPYC brand, and Radeon graphics processing units for gaming and professional visualization. AMD also offers semi-custom system-on-chip (SoC) products for gaming consoles and other specialized applications, and provides supporting software and platform technologies for OEMs, cloud service providers and end users.

Founded in 1969, AMD has evolved from a supplier of logic chips into a diversified, fabless semiconductor designer.