Farmers & Merchants Investments Inc. Cuts Position in Advanced Micro Devices, Inc. $AMD

Posted by Defense World Staff on Dec 30th, 2025

Farmers & Merchants Investments Inc. trimmed its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD – Free Report) by 5.2% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 192,064 shares of the semiconductor manufacturer’s stock after selling 10,489 shares during the period. Advanced Micro Devices makes up approximately 0.9% of Farmers & Merchants Investments Inc.’s holdings, making the stock its 23rd biggest holding. Farmers & Merchants Investments Inc.’s holdings in Advanced Micro Devices were worth $31,074,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of AMD. Pinney & Scofield Inc. lifted its position in Advanced Micro Devices by 81.0% during the second quarter. Pinney & Scofield Inc. now owns 190 shares of the semiconductor manufacturer’s stock valued at $27,000 after purchasing an additional 85 shares during the last quarter. Dogwood Wealth Management LLC raised its position in shares of Advanced Micro Devices by 2,311.1% during the 2nd quarter. Dogwood Wealth Management LLC now owns 217 shares of the semiconductor manufacturer’s stock valued at $30,000 after buying an additional 208 shares in the last quarter. Avion Wealth lifted its holdings in shares of Advanced Micro Devices by 49.3% in the 2nd quarter. Avion Wealth now owns 218 shares of the semiconductor manufacturer’s stock valued at $30,000 after acquiring an additional 72 shares during the last quarter. Signature Resources Capital Management LLC lifted its holdings in shares of Advanced Micro Devices by 170.4% in the 3rd quarter. Signature Resources Capital Management LLC now owns 219 shares of the semiconductor manufacturer’s stock valued at $35,000 after acquiring an additional 138 shares during the last quarter. Finally, West Branch Capital LLC increased its stake in Advanced Micro Devices by 3,057.1% during the second quarter. West Branch Capital LLC now owns 221 shares of the semiconductor manufacturer’s stock worth $31,000 after acquiring an additional 214 shares during the last quarter. 71.34% of the stock is currently owned by institutional investors.

Advanced Micro Devices Trading Up 0.3%

NASDAQ AMD opened at $215.61 on Tuesday. The stock has a market cap of $351.02 billion, a PE ratio of 106.74, a PEG ratio of 1.59 and a beta of 1.93. Advanced Micro Devices, Inc. has a 12 month low of $76.48 and a 12 month high of $267.08. The company’s 50-day moving average price is $227.90 and its 200-day moving average price is $187.28. The company has a current ratio of 2.31, a quick ratio of 1.68 and a debt-to-equity ratio of 0.04.

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

Analyst Upgrades and Downgrades

AMD has been the subject of several analyst reports. Dbs Bank raised Advanced Micro Devices from a “hold” rating to a “moderate buy” rating in a research note on Monday, October 6th. Wedbush restated an “outperform” rating and set a $290.00 price target on shares of Advanced Micro Devices in a report on Wednesday, November 12th. CICC Research raised shares of Advanced Micro Devices from a “market perform” rating to an “outperform” rating and set a $265.00 price objective for the company in a research note on Friday, November 7th. Benchmark increased their target price on shares of Advanced Micro Devices from $270.00 to $325.00 and gave the company a “buy” rating in a research note on Wednesday, November 5th. Finally, Mizuho lifted their price target on shares of Advanced Micro Devices from $275.00 to $285.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 12th. Three analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and eleven have assigned a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $277.06.

Get Our Latest Stock Analysis on AMD

Key Advanced Micro Devices News

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

Positive Sentiment: Analysts and outlets note AMD jumped ~78% in 2025 and some firms (e.g., Mizuho coverage noted in reporting) expect further upside into 2026, citing accelerating AI demand and share gains. AMD stock is up 78% in 2025. What to expect for shares in 2026 and beyond
Positive Sentiment: MarketBeat and others highlight AMD’s upcoming MI450 GPU and the company’s first rack‑scale offering — a structural product catalyst that could make AMD a direct competitor to NVIDIA in hyperscale AI and materially boost data‑center revenue. 5 Stocks Set to Start Strong in January and Lead Through 2026
Positive Sentiment: MarketWatch and other pieces outline where AMD can gain ground vs. NVIDIA — upcoming AI accelerators and rack‑scale systems are being watched by Wall Street as the next proof points for sustainable data‑center growth. Here’s where AMD can gain ground in the AI chip race next year
Positive Sentiment: Opinion pieces (24/7 Wall St., Seeking Alpha) argue AMD is well‑positioned to be the top semiconductor AI play in 2026, reinforcing investor sentiment and potential re‑rating if execution matches hype. Opinion: AMD Will Be the Semi Play to Beat in 2026
Neutral Sentiment: Broader bullish backdrop: MarketBeat expects Q4 earnings season to be a market catalyst, with AI leaders (including AMD) benefiting from stronger guidance, buybacks and robust AI spending — a tailwind but dependent on AMD’s specific Q4 results and guidance. Why Q4 Earnings Season Could Be a Bullish Catalyst for S&P 500 Stocks
Neutral Sentiment: Analyst notes (Zacks, Yahoo Finance coverage) show continued investor interest and “Moderate Buy”/positive commentary; these sustain sentiment but imply upside hinges on upcoming beats and China demand recovery. The Zacks Analyst Blog Highlights Advanced Micro Devices, Goldman Sachs, Lam Research, AstroNova and Blue Dolphin
Negative Sentiment: Short‑term selling pressure appeared after reports/rumors of planned GPU price increases for early 2026, which sparked investor concern about demand elasticity and customer pushback; such rumors can cause volatility even if fundamentals remain intact. AMD & Nvidia (NVDA) Stocks Slip on 2026 GPU Price Hike Rumors

Insider Transactions at Advanced Micro Devices

In related news, SVP Ava Hahn sold 2,868 shares of the stock in a transaction that occurred on Monday, October 6th. The stock was sold at an average price of $226.01, for a total value of $648,196.68. Following the transaction, the senior vice president owned 9,033 shares of the company’s stock, valued at $2,041,548.33. This represents a 24.10% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Forrest Eugene Norrod sold 19,450 shares of Advanced Micro Devices stock in a transaction on 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 sale, the executive vice president directly owned 300,348 shares of the company’s stock, valued at approximately $68,890,820.76. This trade represents a 6.08% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 181,226 shares of company stock worth $39,877,820 over the last three months. Company insiders own 0.06% of the company’s stock.

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.