Advanced Micro Devices, Inc. $AMD Shares Purchased by Bank Pictet & Cie Europe AG

Bank Pictet & Cie Europe AG increased its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 2.5% during the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 232,977 shares of the semiconductor manufacturer’s stock after buying an additional 5,789 shares during the period. Bank Pictet & Cie Europe AG’s holdings in Advanced Micro Devices were worth $37,693,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in AMD. HBK Sorce Advisory LLC grew 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 valued at $2,169,000 after acquiring an additional 43 shares during the period. Berger Financial Group Inc raised its position in Advanced Micro Devices by 1.1% during the third quarter. Berger Financial Group Inc now owns 4,309 shares of the semiconductor manufacturer’s stock worth $697,000 after acquiring an additional 48 shares during the period. BSW Wealth Partners lifted its holdings in Advanced Micro Devices by 0.6% during the third quarter. BSW Wealth Partners now owns 9,132 shares of the semiconductor manufacturer’s stock valued at $1,478,000 after purchasing an additional 51 shares in the last quarter. Traveka Wealth LLC grew its position in shares of Advanced Micro Devices by 1.7% in the third quarter. Traveka Wealth LLC now owns 3,361 shares of the semiconductor manufacturer’s stock valued at $544,000 after purchasing an additional 56 shares during the period. Finally, Cornerstone Advisory LLC increased its stake in shares of Advanced Micro Devices by 1.4% during the second quarter. Cornerstone Advisory LLC now owns 4,271 shares of the semiconductor manufacturer’s stock worth $606,000 after purchasing an additional 57 shares in the last quarter. Hedge funds and other institutional investors own 71.34% of the company’s stock.

Advanced Micro Devices News Summary

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

• Positive Sentiment: Large bullish options flow — Whales concentrated call buying across a wide $140–$280 strike range, suggesting some big investors are positioning for upside or a renewed rally. Article Title
• Positive Sentiment: Bullish AI thesis — Multiple pieces argue AMD is set to take share from Nvidia with new datacenter GPUs (MI350/MI450) and rack-scale improvements; analysts and commentators see a potentially large revenue ramp in 2026 if product ramps meet demand. Article Title
• Positive Sentiment: High-conviction AI stock picks include AMD — Motley Fool lists AMD among AI names with multi-year upside, citing CoreWeave demand and AMD’s growing competitive position versus Nvidia. Article Title
• Positive Sentiment: Institutional endorsement — Coverage of David Tepper’s sizable AMD purchase reinforces demand from a major hedge fund and supports the narrative of continued institutional accumulation. Article Title
• Neutral Sentiment: Long-term performance piece — Retrospective articles about 10‑year returns highlight AMD’s strong historical gains, useful for narrative context but not a near-term catalyst. Article Title
• Neutral Sentiment: Cross-market chart analogy — A crypto analyst compared Dogecoin’s setup to AMD’s past technical pattern; interesting technically but unlikely to move AMD shares materially. Article Title
• Neutral Sentiment: Unrelated “AMD” noise — A flurry of headlines about Outlook Therapeutics and a CRL for a wet-AMD (medical) drug can create ticker-search noise but is unrelated to Advanced Micro Devices’ business. Article Title
• Negative Sentiment: Valuation and “not at any price” warnings — Some analysts caution AMD can win share but that investors must be selective on price; stretched multiples after 2025’s rally raise the risk of further profit-taking if execution or margins slip. Article Title

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on AMD shares. Piper Sandler reaffirmed an “overweight” rating and issued a $280.00 price target on shares of Advanced Micro Devices in a research note on Wednesday, November 12th. Rosenblatt Securities restated a “buy” rating and issued a $300.00 target price on shares of Advanced Micro Devices in a research report on Wednesday, November 12th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Advanced Micro Devices in a research report on Monday. Cowen reissued a “buy” rating on shares of Advanced Micro Devices in a research note on Tuesday, December 2nd. Finally, Susquehanna reaffirmed a “positive” rating and set a $300.00 target price on shares of Advanced Micro Devices in a research note on Friday, October 31st. Three research analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and eleven have issued a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $277.06.

Insiders Place Their Bets

In other Advanced Micro Devices news, EVP Mark D. Papermaster sold 17,108 shares of Advanced Micro Devices stock in a transaction on Friday, November 14th. The stock was sold at an average price of $240.12, for a total value of $4,107,972.96. Following the sale, the executive vice president owned 1,714,505 shares in the company, valued at $411,686,940.60. The trade was a 0.99% decrease in their ownership of the stock. The transaction 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 the company’s 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 completion of the transaction, the executive vice president directly owned 300,348 shares in the company, valued at approximately $68,890,820.76. This trade represents a 6.08% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 181,226 shares of company stock worth $39,877,820 in the last three months. 0.06% of the stock is owned by insiders.

Advanced Micro Devices Trading Down 0.5%

Shares of AMD stock opened at $214.16 on Friday. The company has a current ratio of 2.31, a quick ratio of 1.68 and a debt-to-equity ratio of 0.04. The company’s 50-day moving average price is $226.71 and its 200-day moving average price is $188.35. Advanced Micro Devices, Inc. has a twelve month low of $76.48 and a twelve month high of $267.08. The stock has a market cap of $348.66 billion, a price-to-earnings ratio of 106.02, a PEG ratio of 1.58 and a beta of 1.95.

Advanced Micro Devices (NASDAQ:AMD) last posted its quarterly earnings results on Tuesday, November 4th. The semiconductor manufacturer reported $1.20 earnings per share for the quarter, beating the consensus estimate of $1.17 by $0.03. The business 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 business’s revenue for the quarter was up 35.6% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.92 EPS. As a group, equities analysts predict that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current year.

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.