Somerville Kurt F Sells 15,893 Shares of Advanced Micro Devices, Inc. $AMD

Posted by Tyrone Williams on Feb 20th, 2026

Somerville Kurt F lowered its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD – Free Report) by 12.6% in the third quarter, Holdings Channel reports. The firm owned 109,843 shares of the semiconductor manufacturer’s stock after selling 15,893 shares during the quarter. Advanced Micro Devices comprises about 2.9% of Somerville Kurt F’s holdings, making the stock its 13th biggest position. Somerville Kurt F’s holdings in Advanced Micro Devices were worth $17,771,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in AMD. HHM Wealth Advisors LLC increased its position in shares of Advanced Micro Devices by 2.4% in the third quarter. HHM Wealth Advisors LLC now owns 1,742 shares of the semiconductor manufacturer’s stock valued at $282,000 after acquiring an additional 40 shares during the last quarter. HBK Sorce Advisory LLC increased its position in shares of Advanced Micro Devices by 0.3% during the 3rd quarter. HBK Sorce Advisory LLC now owns 13,404 shares of the semiconductor manufacturer’s stock worth $2,169,000 after purchasing an additional 43 shares during the last quarter. Wilmington Savings Fund Society FSB increased its position in shares of Advanced Micro Devices by 0.5% during the 3rd quarter. Wilmington Savings Fund Society FSB now owns 8,706 shares of the semiconductor manufacturer’s stock worth $1,409,000 after purchasing an additional 43 shares during the last quarter. Moseley Investment Management Inc. raised its stake in shares of Advanced Micro Devices by 0.5% during the 3rd quarter. Moseley Investment Management Inc. now owns 8,883 shares of the semiconductor manufacturer’s stock worth $1,437,000 after purchasing an additional 44 shares in the last quarter. Finally, OneAscent Family Office LLC boosted its holdings in shares of Advanced Micro Devices by 2.6% in the 3rd quarter. OneAscent Family Office LLC now owns 1,755 shares of the semiconductor manufacturer’s stock valued at $284,000 after buying an additional 44 shares during the last quarter. 71.34% of the stock is owned by institutional investors.

Advanced Micro Devices Price Performance

Shares of NASDAQ AMD traded down $1.23 during trading hours on Friday, hitting $202.14. 2,364,567 shares of the stock were exchanged, compared to its average volume of 38,957,238. The company’s fifty day simple moving average is $219.89 and its two-hundred day simple moving average is $206.65. The company has a market cap of $329.57 billion, a PE ratio of 75.34, a price-to-earnings-growth ratio of 0.75 and a beta of 1.94. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.01 and a current ratio of 2.85. Advanced Micro Devices, Inc. has a 1-year low of $76.48 and a 1-year high of $267.08.

Advanced Micro Devices (NASDAQ:AMD – Get Free Report) last issued its earnings results 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. Advanced Micro Devices had a return on equity of 8.84% and a net margin of 12.52%.The firm had revenue of $10.27 billion for the quarter, compared to the consensus estimate of $9.65 billion. During the same quarter last year, the business posted $1.09 EPS. The company’s revenue was up 34.1% compared to the same quarter last year. On average, sell-side analysts predict that Advanced Micro Devices, Inc. will post 3.87 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on AMD shares. Robert W. Baird set a $300.00 target price on shares of Advanced Micro Devices in a report on Wednesday, November 5th. Truist Financial set a $283.00 target price on shares of Advanced Micro Devices in a report on Wednesday, February 4th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Advanced Micro Devices in a research note on Monday, December 29th. Roth Mkm reiterated a “buy” rating on shares of Advanced Micro Devices in a report on Wednesday, February 4th. Finally, Evercore upped their price objective on Advanced Micro Devices from $283.00 to $328.00 and gave the company an “outperform” rating in a research note on Wednesday, February 4th. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and ten have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $288.17.

Read Our Latest Analysis on AMD

Insider Activity

In related news, SVP Ava Hahn sold 2,442 shares of Advanced Micro Devices stock in a transaction that occurred on Friday, January 16th. The shares were sold at an average price of $234.42, for a total transaction of $572,453.64. Following the sale, the senior vice president directly owned 16,359 shares of the company’s stock, valued at approximately $3,834,876.78. The trade was a 12.99% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Lisa T. Su sold 125,000 shares of the stock in a transaction that occurred on Wednesday, February 11th. The shares were sold at an average price of $214.36, for a total transaction of $26,795,000.00. Following the completion of the transaction, the chief executive officer directly owned 3,152,476 shares of the company’s stock, valued at approximately $675,764,755.36. The trade was a 3.81% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 271,892 shares of company stock worth $58,476,908. Corporate insiders own 0.06% of the company’s stock.

Advanced Micro Devices News Summary

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

Positive Sentiment: Benchmark reiterated a Buy and a $325 target, forecasting “tens of billions” in AI revenue by 2027 — a clear institutional endorsement of AMD’s AI growth story. Benchmark Sees Advanced Micro Devices (AMD) Generating Tens of Billions in AI Revenue by 2027
Positive Sentiment: AMD agreed to backstop a $300M loan for Crusoe to buy AMD AI chips — a sales-acceleration move (similar to Nvidia’s strategy) that can lock in near-term demand and boost revenue visibility. AMD to backstop $300 million Crusoe loan, the Information reports
Positive Sentiment: AMD won a massive new customer role supplying AI chips for a 200MW data center in India — a material design win that supports long-term data-center share gains and revenue growth. AMD Shareholders Received Amazing News From a Massive New Customer
Positive Sentiment: AMD pushed back on delay rumors, confirming MI455X solutions remain on track for H2 2026 — that reassurance reduces execution risk for upcoming AI products. AMD Responds to Rumors About Potential Delays
Neutral Sentiment: Market commentary and feature pieces highlight AMD’s history of sharp rallies and argue upside vs. peers — supportive context but not new catalysts by itself. Why AMD Could Hit Record Highs In 2026
Neutral Sentiment: Analyst coverage remains broadly positive with multiple $300+ targets and a median near $291 — that raises expectations but also sets high benchmarks for future beats. Wall Street sets AMD stock price target for next 12 months
Negative Sentiment: Competitive risk: Nvidia’s deepening partnerships (e.g., with Meta) and moves into CPU-like workloads could pressure AMD’s share in some large cloud deals. Nvidia pushes into Intel and AMD’s turf with a ‘multigenerational’ Meta deal
Negative Sentiment: Earlier conservative guidance after strong Q4 led to a sharp pullback and social-media criticism — reminder that guidance cadence can drive short-term volatility. AMD Stock (AMD) Opinions on Recent Earnings Report

About Advanced Micro Devices

(Free Report)

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.