PKO Investment Management Joint Stock Co lessened its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD – Free Report) by 10.8% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 58,000 shares of the semiconductor manufacturer’s stock after selling 7,000 shares during the period. Advanced Micro Devices makes up approximately 0.8% of PKO Investment Management Joint Stock Co’s investment portfolio, making the stock its 25th largest position. PKO Investment Management Joint Stock Co’s holdings in Advanced Micro Devices were worth $9,384,000 at the end of the most recent reporting period.
Other large investors also recently made changes to their positions in the company. Pinion Investment Advisors LLC lifted its holdings in Advanced Micro Devices by 2.3% during the 3rd quarter. Pinion Investment Advisors LLC now owns 2,823 shares of the semiconductor manufacturer’s stock worth $457,000 after purchasing an additional 63 shares during the last quarter. Nordea Investment Management AB increased its position in Advanced Micro Devices by 203.7% during the 3rd quarter. Nordea Investment Management AB now owns 3,905,148 shares of the semiconductor manufacturer’s stock worth $631,892,000 after buying an additional 2,619,294 shares during the period. Bangor Savings Bank lifted its holdings in shares of Advanced Micro Devices by 349.2% during the third quarter. Bangor Savings Bank now owns 5,902 shares of the semiconductor manufacturer’s stock worth $955,000 after buying an additional 4,588 shares in the last quarter. ZEGA Investments LLC bought a new stake in shares of Advanced Micro Devices in the third quarter valued at about $1,211,000. Finally, Harbor Investment Advisory LLC boosted its position in shares of Advanced Micro Devices by 41.7% in the third quarter. Harbor Investment Advisory LLC now owns 7,448 shares of the semiconductor manufacturer’s stock valued at $1,205,000 after acquiring an additional 2,190 shares during the period. Institutional investors own 71.34% of the company’s stock.
Advanced Micro Devices Stock Up 2.2%
NASDAQ AMD opened at $207.69 on Tuesday. The business has a fifty day moving average price of $220.29 and a two-hundred day moving average price of $193.07. The stock has a market capitalization of $338.13 billion, a PE ratio of 102.82, a PEG ratio of 0.86 and a beta of 1.95. 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 current ratio of 2.31 and a quick ratio of 1.68.
Insiders Place Their Bets
In other news, EVP Forrest Eugene Norrod sold 19,450 shares of the stock in a transaction dated Wednesday, November 19th. The shares were sold at an average price of $229.37, for a total value of $4,461,246.50. Following the completion of the transaction, the executive vice president owned 300,348 shares of the company’s stock, valued at approximately $68,890,820.76. This represents a 6.08% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Lisa T. Su sold 125,000 shares of the firm’s stock in a transaction that occurred on Thursday, December 11th. The shares were sold at an average price of $215.14, for a total transaction of $26,892,500.00. Following the completion of the sale, the chief executive officer owned 3,277,476 shares in the company, valued at approximately $705,116,186.64. The trade was a 3.67% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 178,358 shares of company stock valued at $39,229,623. 0.06% of the stock is currently owned by corporate insiders.
Analyst Ratings Changes
AMD has been the subject of several analyst reports. Raymond James Financial began coverage on shares of Advanced Micro Devices in a research note on Thursday, November 20th. They issued an “outperform” rating and a $377.00 price objective for the company. CICC Research upgraded shares of Advanced Micro Devices from a “market perform” rating to an “outperform” rating and set a $265.00 price target for the company in a research report on Friday, November 7th. Rosenblatt Securities reiterated a “buy” rating and issued a $300.00 price target on shares of Advanced Micro Devices in a research note on Wednesday, November 12th. Roth Capital restated a “buy” rating and set a $300.00 price objective on shares of Advanced Micro Devices in a research note on Wednesday, November 12th. Finally, China Renaissance began coverage on Advanced Micro Devices in a report on Tuesday. They issued a “buy” rating and a $291.00 price objective for the company. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and eleven have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Advanced Micro Devices has an average rating of “Moderate Buy” and an average price target of $277.44.
View Our Latest Report on Advanced Micro Devices
Key Stories Impacting Advanced Micro Devices
Here are the key news stories impacting Advanced Micro Devices this week:
- Positive Sentiment: KeyBanc analyst upgrades for Intel and AMD lifted chip stocks; the note helped spark buying in AMD alongside peers. Intel Stock Gains. Why the Chip Company and AMD Got Upgrades.
- Positive Sentiment: AMD launched a new family of x86 AI edge processors (Ryzen AI Embedded P100 and X100), a product move that supports revenue/market-share upside in edge AI. Advanced Micro Devices (AMD) Launches a New Family of x86 Chips
- Positive Sentiment: High-profile bullish mentions (Jim Cramer, investor commentary) are reinforcing investor conviction in AMD’s AI chip performance and growth story. Advanced Micro Devices (AMD)’s Got Great Performing AI Chips, Says Jim Cramer
- Positive Sentiment: Market reacted to a leaked shipping manifest listing a new Ryzen 9 Pro CPU—product-leak momentum tends to lift short-term sentiment. AMD Stock Climbs on New Ryzen 9 Pro CPU Leak
- Positive Sentiment: Investor pieces and bullish research (TipRanks, Seeking Alpha, Motley Fool coverage) are promoting a “time to buy” narrative around AMD’s AI upside, supporting demand. ‘Time to Hop In,’ Says Investor About AMD Stock
- Neutral Sentiment: Zacks noted AMD outperformed the broader market in the latest session (stock closed up ~2.2% on that trading day), reflecting the combined effect of the above items. Advanced Micro Devices (AMD) Outperforms Broader Market
- Neutral Sentiment: Reported short‑interest data is effectively zero/ambiguous (data anomalies), so there’s no clear short-squeeze signal from the public numbers at this time.
- Negative Sentiment: Macro/sector headwinds and cautionary pieces (DoJ/other headlines, Forbes cautionary take on AMD’s historical volatility) could weigh on sentiment and increase downside risk during a market pullback. Why AMD Stock Can Fall
- Negative Sentiment: Pre‑market softness in chip stocks tied to macro headlines (jobs report, regulatory headlines) can pressure short‑term moves. NVDA, INTC and AMD Forecast – Microchips Slightly Negative Early on Monday
Advanced Micro Devices Company 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.
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