Rockland Trust Co. Grows Stake in Advanced Micro Devices, Inc. $AMD

Rockland Trust Co. boosted its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 237.2% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 6,491 shares of the semiconductor manufacturer’s stock after acquiring an additional 4,566 shares during the quarter. Rockland Trust Co.’s holdings in Advanced Micro Devices were worth $1,050,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Norges Bank bought a new stake in Advanced Micro Devices in the second quarter worth $3,094,662,000. Jennison Associates LLC bought a new position in Advanced Micro Devices during the third quarter valued at $626,826,000. Nordea Investment Management AB raised its stake in shares of Advanced Micro Devices by 203.7% in the third quarter. Nordea Investment Management AB now owns 3,905,148 shares of the semiconductor manufacturer’s stock valued at $631,892,000 after acquiring an additional 2,619,294 shares during the period. Rafferty Asset Management LLC lifted its holdings in shares of Advanced Micro Devices by 56.0% in the 2nd quarter. Rafferty Asset Management LLC now owns 6,772,923 shares of the semiconductor manufacturer’s stock worth $961,078,000 after acquiring an additional 2,430,533 shares during the last quarter. Finally, Vanguard Group Inc. lifted its holdings in shares of Advanced Micro Devices by 1.5% in the 2nd quarter. Vanguard Group Inc. now owns 154,648,859 shares of the semiconductor manufacturer’s stock worth $21,944,673,000 after acquiring an additional 2,281,508 shares during the last quarter. 71.34% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several brokerages recently commented on AMD. Rosenblatt Securities reiterated a “buy” rating and set a $300.00 price target on shares of Advanced Micro Devices in a report on Wednesday, February 4th. China Renaissance began coverage on Advanced Micro Devices in a research note on Tuesday, January 13th. They set a “buy” rating and a $291.00 target price on the stock. Robert W. Baird set a $300.00 price target on Advanced Micro Devices in a research note on Wednesday, November 5th. Loop Capital set a $290.00 price objective on Advanced Micro Devices and gave the company a “buy” rating in a report on Wednesday, November 5th. Finally, Bank of America reiterated a “buy” rating and issued a $300.00 target price on shares of Advanced Micro Devices in a research note on Wednesday, November 12th. Twenty-nine investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $290.11.

Advanced Micro Devices Trading Down 1.1%

Shares of NASDAQ AMD opened at $213.57 on Wednesday. Advanced Micro Devices, Inc. has a twelve month low of $76.48 and a twelve month high of $267.08. The firm has a market cap of $348.21 billion, a PE ratio of 80.59, a price-to-earnings-growth ratio of 0.81 and a beta of 1.94. The business has a fifty day simple moving average of $221.82 and a two-hundred day simple moving average of $205.60. The company has a quick ratio of 2.01, a current ratio of 2.85 and a debt-to-equity ratio of 0.04.

Advanced Micro Devices (NASDAQ:AMD) last posted its quarterly earnings results on Tuesday, February 3rd. The semiconductor manufacturer reported $1.53 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.32 by $0.21. The business 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 business’s revenue was up 34.1% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.09 EPS. Analysts expect that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current fiscal year.

Insider Buying and Selling at Advanced Micro Devices

In other Advanced Micro Devices news, SVP Ava Hahn sold 2,442 shares of the firm’s stock in a transaction dated Friday, January 16th. The shares were sold at an average price of $234.42, for a total transaction of $572,453.64. Following the transaction, the senior vice president owned 16,359 shares of the company’s stock, valued at approximately $3,834,876.78. This trade represents a 12.99% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Forrest Eugene Norrod sold 19,450 shares of the business’s stock in a transaction dated Wednesday, November 19th. The shares were sold at an average price of $229.37, for a total transaction of $4,461,246.50. Following the completion of the sale, 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 position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 164,000 shares of company stock valued at $36,034,173 in the last 90 days. Insiders own 0.06% of the company’s stock.

Key Advanced Micro Devices News

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

• Positive Sentiment: Reports that AMD will adopt LPDDR6 for its Medusa Halo chips boost its competitiveness in power‑sensitive AI/edge markets, offering a product roadmap catalyst. AMD Stock Gains on LPDDR6 Reports
• Positive Sentiment: Bank of America analyst and other bulls still view AMD as undervalued relative to peers, supporting longer‑term upside if AMD executes on AI/datacenter ramps. BoA Star Analyst Thinks NVIDIA and AMD Are Undervalued
• Neutral Sentiment: OVHcloud announced new Bare Metal servers using AMD’s latest processors — a clear demand signal for datacenter CPU wins but more evidence than immediate revenue impact. OVHcloud Unveils Bare Metal 2026 Line‑Up
• Neutral Sentiment: AMD hired Ariel Kelman as Chief Marketing Officer — an organizational/branding move that can help go‑to‑market execution but won’t move near‑term fundamentals. AMD Hires Ariel Kelman as Chief Marketing Officer
• Neutral Sentiment: Multiple strategy pieces and comparisons (AMD vs. NVDA/Alphabet) highlight AI positioning and momentum; useful context but mixed for immediate stock direction. AMD vs. NVDA: What’s the Better AI Stock?
• Neutral Sentiment: Reported short‑interest data in today’s feed is anomalous (0 shares / NaN change) and provides no reliable signal.
• Negative Sentiment: Post‑earnings weakness: coverage notes an ~11% post‑Q4 slide after AMD’s strong results were tempered by modest Q1 guidance and seasonal concerns — the main driver of today’s share decline. AMD Plunges 11% Post Q4 Earnings
• Negative Sentiment: Critical takes and sell‑side notes (e.g., “Sell AMD Stock At $215?”) contribute to downward pressure by encouraging trimming after a recent run. Sell AMD Stock At $215?
• Negative Sentiment: Goldman highlights datacenter momentum but flags operating‑expense pressure — a reminder that cost dynamics could compress near‑term margins and keep shares volatile. AMD’s Datacenter Momentum Builds as Goldman Flags Opex Pressure

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.