Rep. Thomas R. Suozzi Sells Advanced Micro Devices, Inc. (NASDAQ:AMD) Stock

Representative Thomas R. Suozzi (Democratic-New York) recently sold shares of Advanced Micro Devices, Inc. (NASDAQ:AMD). In a filing disclosed on March 17th, the Representative disclosed that they had sold between $1,001 and $15,000 in Advanced Micro Devices stock on February 18th. The trade occurred in the Representative’s “THOMAS SUOZZI IRA FBO THOMAS SUOZZI” account.

Representative Thomas R. Suozzi also recently made the following trade(s):

• Sold $15,001 – $50,000 in shares of Apple (NASDAQ:AAPL) on 2/18/2026.
• Sold $15,001 – $50,000 in shares of Palantir Technologies (NASDAQ:PLTR) on 2/18/2026.
• Sold $15,001 – $50,000 in shares of United Rentals (NYSE:URI) on 2/18/2026.

Advanced Micro Devices Stock Up 6.7%

Shares of AMD traded up $13.71 during trading hours on Wednesday, hitting $219.08. The company had a trading volume of 18,066,343 shares, compared to its average volume of 37,493,250. The company has a current ratio of 2.85, a quick ratio of 2.01 and a debt-to-equity ratio of 0.04. The company has a market capitalization of $357.20 billion, a PE ratio of 82.65, a price-to-earnings-growth ratio of 0.76 and a beta of 1.98. Advanced Micro Devices, Inc. has a one year low of $76.48 and a one year high of $267.08. The company’s fifty day moving average price is $214.66 and its two-hundred day moving average price is $212.38.

Advanced Micro Devices (NASDAQ:AMD) last issued its quarterly earnings data on Tuesday, February 3rd. The semiconductor manufacturer reported $1.53 earnings per share for the quarter, beating analysts’ consensus estimates of $1.32 by $0.21. The company had revenue of $10.27 billion for the quarter, compared to the consensus estimate of $9.65 billion. Advanced Micro Devices had a return on equity of 8.84% and a net margin of 12.52%.The firm’s revenue for the quarter was up 34.1% compared to the same quarter last year. During the same quarter last year, the company earned $1.09 earnings per share. As a group, equities analysts forecast that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current fiscal year.

Institutional Trading of Advanced Micro Devices

Large investors have recently bought and sold shares of the stock. Norges Bank acquired a new position in shares of Advanced Micro Devices in the 4th quarter valued at $4,929,312,000. Jennison Associates LLC lifted its position in Advanced Micro Devices by 181.6% during the 4th quarter. Jennison Associates LLC now owns 10,910,310 shares of the semiconductor manufacturer’s stock worth $2,336,552,000 after acquiring an additional 7,035,991 shares during the period. Cardano Risk Management B.V. acquired a new position in shares of Advanced Micro Devices in the fourth quarter valued at about $1,000,783,000. Wellington Management Group LLP raised its stake in shares of Advanced Micro Devices by 335.9% in the third quarter. Wellington Management Group LLP now owns 4,847,825 shares of the semiconductor manufacturer’s stock worth $784,330,000 after purchasing an additional 3,735,807 shares during the last quarter. Finally, Franklin Resources Inc. raised its stake in shares of Advanced Micro Devices by 340.1% in the fourth quarter. Franklin Resources Inc. now owns 4,747,834 shares of the semiconductor manufacturer’s stock worth $1,016,796,000 after purchasing an additional 3,669,054 shares during the last quarter. Hedge funds and other institutional investors own 71.34% of the company’s stock.

Insider Transactions at Advanced Micro Devices

In related news, EVP Forrest Eugene Norrod sold 19,450 shares of the company’s stock in a transaction that occurred on Wednesday, February 11th. The stock was sold at an average price of $216.81, for a total value of $4,216,954.50. Following the sale, the executive vice president owned 289,098 shares in the company, valued at $62,679,337.38. This represents a 6.30% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Ava Hahn sold 2,442 shares of the firm’s stock in a transaction that occurred on Friday, January 16th. The stock was sold at an average price of $234.42, for a total transaction of $572,453.64. Following the transaction, the senior vice president directly owned 16,359 shares of the company’s stock, valued at $3,834,876.78. This represents a 12.99% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 239,392 shares of company stock worth $50,016,383 in the last ninety days. Corporate insiders own 0.06% of the company’s stock.

Analysts Set New Price Targets

AMD has been the topic of a number of recent analyst reports. Phillip Securities upgraded shares of Advanced Micro Devices from a “moderate buy” rating to a “strong-buy” rating in a report on Sunday, February 8th. China Renaissance assumed coverage on shares of Advanced Micro Devices in a research note on Tuesday, January 13th. They set a “buy” rating and a $291.00 price objective for the company. The Goldman Sachs Group raised their target price on shares of Advanced Micro Devices from $210.00 to $240.00 and gave the company a “neutral” rating in a research note on Wednesday, February 25th. Truist Financial set a $283.00 price target on shares of Advanced Micro Devices in a report on Wednesday, February 4th. Finally, DA Davidson raised Advanced Micro Devices to a “hold” rating in a research report on Friday, February 13th. One analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and ten have issued a Hold rating to the company. According to MarketBeat.com, Advanced Micro Devices presently has an average rating of “Moderate Buy” and a consensus target price of $290.53.

Advanced Micro Devices News Roundup

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

• Positive Sentiment: Potential large AI win — AMD is in advanced talks to supply ~10,000 MI355 AI accelerators to Korean AI firm Upstage, which would be a meaningful non-U.S. data‑center/inference customer and help diversify AMD’s AI accelerator adoption. AMD AI Deal Talks With Upstage Highlight Valuation Gap And Growth Story
• Positive Sentiment: Data‑center strength — recent analyst writeups highlight accelerating Data Center revenue (EPYC CPUs and Instinct GPUs driving cloud growth), supporting upside to AMD’s guidance and valuations if momentum continues. AMD Rides on Accelerating Data Center Growth: A Sign of More Upside?
• Positive Sentiment: Near-term product and pricing catalysts — reports of a Ryzen price cut and rumors of a refresh, plus optimism about upcoming MI450/MI355 shipments later this year, are driving speculative buying ahead of earnings. AMD Stock Jumps on Ryzen Price Cut Ahead of a Rumored Refresh
• Neutral Sentiment: Positioning into earnings season — market commentary (MarketBeat) argues AMD is well positioned for the upcoming Q1 reporting season and MI450 could be a multiquarter catalyst; this supports constructive sentiment but depends on execution and guidance. Advanced Micro Devices Looks Like a Hot Buy Heading Into Earnings
• Neutral Sentiment: Short‑interest data appears unreliable — multiple short‑interest notices show zero shares/NaN changes, indicating reporting noise rather than a meaningful shift in investor positioning; ignore until clarified.
• Negative Sentiment: Analyst caution and peer upgrades — Bernstein upgraded Nvidia and Broadcom while advising to avoid AMD, a headline that can sap momentum and reallocate flows away from AMD into NVDA/AVGO. ‘Own Nvidia, Broadcom,’ But Avoid AMD Stock – Bernstein Weighs In on AI Chip Stocks
• Negative Sentiment: New competitive risk — Arm’s move to sell its own high‑performance chips (AGI CPU) and land Meta as an initial customer raises a potential long‑term competitor in AI silicon, adding strategic risk to AMD’s TAM and valuation. Arm to Sell Its Own Chips, Eyeing Sales Goal of $15 Billion
• Negative Sentiment: Supply‑chain / ecosystem notes — coverage highlighting Samsung’s HBM4 relationship and other supply dynamics suggests both opportunities and risks; HBM scarcity and partner moves could constrain ramp timing or margins. Samsung just found a shocking new way into AMD’s AI push

About Representative Suozzi

Thomas Richard Suozzi (born August 31, 1962) is an American politician, attorney, and accountant serving as the U.S. representative for New York’s 3rd congressional district since 2024 and previously from 2017 to 2023. A member of the Democratic Party, he was the county executive of Nassau County on Long Island from 2002 to 2009, when he was unseated by Republican Ed Mangano. Before that, Suozzi served eight years as the mayor of Glen Cove in Nassau County.

In 2006, he ran unsuccessfully against Eliot Spitzer for the Democratic nomination for governor of New York. Suozzi was elected to the U.S. House of Representatives in 2016 and reelected in 2018 and 2020. He retired from Congress to run again for the Democratic gubernatorial nomination in 2022, losing to incumbent governor Kathy Hochul.

In October 2023, Suozzi announced that he would run for his old congressional seat in 2024.After Congress expelled George Santos that December, a special election to fill the remainder of the term was scheduled for February 13, 2024. Suozzi was selected as the Democratic nominee, and then won the special election, reclaiming the seat for Democrats.

About Advanced Micro Devices

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.