Banque Pictet & Cie SA Acquires 17,369 Shares of Advanced Micro Devices, Inc. $AMD

Banque Pictet & Cie SA grew its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 5.0% in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 366,801 shares of the semiconductor manufacturer’s stock after buying an additional 17,369 shares during the quarter. Banque Pictet & Cie SA’s holdings in Advanced Micro Devices were worth $59,345,000 as of its most recent filing with the SEC.

Other institutional investors have also made changes to their positions in the company. Wise Wealth Partners bought a new position in shares of Advanced Micro Devices in the second quarter valued at approximately $343,000. Waterfront Wealth Inc. acquired a new stake in Advanced Micro Devices during the 2nd quarter valued at $1,145,000. Parisi Gray Wealth Management bought a new position in Advanced Micro Devices in the 2nd quarter valued at $343,000. Global Retirement Partners LLC bought a new position in Advanced Micro Devices in the 2nd quarter valued at $4,519,000. Finally, Cornercap Investment Counsel Inc. boosted its stake in Advanced Micro Devices by 43.3% in the second quarter. Cornercap Investment Counsel Inc. now owns 12,245 shares of the semiconductor manufacturer’s stock worth $1,738,000 after purchasing an additional 3,702 shares in the last quarter. 71.34% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Advanced Micro Devices news, CEO Lisa T. Su sold 125,000 shares of the stock in a transaction dated Thursday, December 11th. The stock was sold at an average price of $215.14, for a total value of $26,892,500.00. Following the transaction, the chief executive officer owned 3,277,476 shares of the company’s stock, valued at approximately $705,116,186.64. This represents a 3.67% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, SVP Ava Hahn sold 2,868 shares of the business’s stock in a transaction dated 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. The trade was a 24.10% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 181,226 shares of company stock worth $39,877,820. Corporate insiders own 0.06% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently weighed in on AMD shares. Citigroup raised their target price on Advanced Micro Devices from $215.00 to $260.00 and gave the company a “neutral” rating in a research note on Wednesday, November 5th. DZ Bank upgraded shares of Advanced Micro Devices from a “hold” rating to a “buy” rating and set a $250.00 price objective for the company in a research report on Wednesday, October 8th. HSBC upped their target price on shares of Advanced Micro Devices from $185.00 to $310.00 and gave the stock a “buy” rating in a research report on Wednesday, October 15th. Piper Sandler reissued an “overweight” rating and issued a $280.00 price target on shares of Advanced Micro Devices in a report on Wednesday, November 12th. Finally, Wedbush restated an “outperform” rating and issued a $290.00 price objective on shares of Advanced Micro Devices in a research report on Wednesday, November 12th. Three analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and eleven have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $277.06.

Advanced Micro Devices Price Performance

Shares of AMD stock opened at $214.16 on Friday. The firm’s 50 day moving average price is $226.71 and its two-hundred day moving average price is $188.35. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.68 and a current ratio of 2.31. Advanced Micro Devices, Inc. has a 52-week low of $76.48 and a 52-week high of $267.08. The stock has a market cap of $348.66 billion, a PE ratio of 106.02, a PEG ratio of 1.58 and a beta of 1.95.

Advanced Micro Devices (NASDAQ:AMD) last issued its earnings results on Tuesday, November 4th. The semiconductor manufacturer reported $1.20 EPS for the quarter, beating the consensus estimate of $1.17 by $0.03. Advanced Micro Devices had a net margin of 10.32% and a return on equity of 8.04%. The company had revenue of $9.25 billion during the quarter, compared to analysts’ expectations of $8.76 billion. During the same quarter in the previous year, the company posted $0.92 EPS. The business’s revenue for the quarter was up 35.6% compared to the same quarter last year. As a group, analysts forecast that Advanced Micro Devices, Inc. will post 3.87 EPS for the current year.

Key Headlines Impacting Advanced Micro Devices

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

Advanced Micro Devices 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.