GRIMES & Co WEALTH MANAGEMENT LLC Decreases Stock Holdings in Advanced Micro Devices, Inc. $AMD

GRIMES & Co WEALTH MANAGEMENT LLC reduced its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 5.5% in the third quarter, according to its most recent filing with the SEC. The fund owned 113,420 shares of the semiconductor manufacturer’s stock after selling 6,645 shares during the quarter. GRIMES & Co WEALTH MANAGEMENT LLC’s holdings in Advanced Micro Devices were worth $18,350,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. HBK Sorce Advisory LLC increased its holdings in shares of Advanced Micro Devices by 0.3% in the 3rd quarter. HBK Sorce Advisory LLC now owns 13,404 shares of the semiconductor manufacturer’s stock worth $2,169,000 after buying an additional 43 shares during the last quarter. ORG Wealth Partners LLC grew its position in Advanced Micro Devices by 39.7% in the third quarter. ORG Wealth Partners LLC now owns 162 shares of the semiconductor manufacturer’s stock worth $26,000 after acquiring an additional 46 shares in the last quarter. Crowley Wealth Management Inc. increased its stake in Advanced Micro Devices by 6.3% during the third quarter. Crowley Wealth Management Inc. now owns 792 shares of the semiconductor manufacturer’s stock worth $128,000 after acquiring an additional 47 shares during the last quarter. 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 valued at $697,000 after purchasing an additional 48 shares during the period. Finally, BSW Wealth Partners lifted its stake in shares of Advanced Micro Devices by 0.6% in the 3rd 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 during the last quarter. Institutional investors own 71.34% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on AMD. Morgan Stanley reissued an “equal weight” rating and set a $260.00 target price on shares of Advanced Micro Devices in a research report on Wednesday, November 12th. Susquehanna reiterated a “positive” rating and set a $300.00 price objective on shares of Advanced Micro Devices in a research report on Friday, October 31st. Jefferies Financial Group set a $300.00 target price on shares of Advanced Micro Devices and gave the stock a “positive” rating in a report on Monday, October 6th. The Goldman Sachs Group upped their price target on shares of Advanced Micro Devices from $150.00 to $210.00 and gave the company a “neutral” rating in a report on Wednesday, October 8th. Finally, Mizuho raised their price objective 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 research analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and eleven have given a Hold rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $277.06.

Advanced Micro Devices Stock Up 2.2%

NASDAQ:AMD opened at $207.69 on Tuesday. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.31 and a quick ratio of 1.68. Advanced Micro Devices, Inc. has a 1-year low of $76.48 and a 1-year high of $267.08. The company has a 50-day moving average of $220.29 and a 200 day moving average of $193.07. The firm has a market cap of $338.13 billion, a PE ratio of 102.82, a price-to-earnings-growth ratio of 0.86 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 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 business had revenue of $9.25 billion during the quarter, compared to analyst estimates of $8.76 billion. During the same quarter in the previous year, the business posted $0.92 EPS. The company’s quarterly revenue was up 35.6% compared to the same quarter last year. As a group, research analysts anticipate that Advanced Micro Devices, Inc. will post 3.87 EPS for the current fiscal year.

Trending Headlines about Advanced Micro Devices

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

• Positive Sentiment: Company launched a new Ryzen AI Embedded family (P100, X100) for edge AI — expands addressable market and underscores AMD’s AI roadmap. Advanced Micro Devices (AMD) Launches a New Family of x86 Chips
• Positive Sentiment: High-profile endorsements and coverage (Jim Cramer and others) are highlighting AMD’s AI accelerator performance, helping sentiment among retail and some institutional investors. Advanced Micro Devices (AMD)’s Got Great Performing AI Chips, Says Jim Cramer
• Positive Sentiment: Shares reacted to a leaked shipping manifest that listed a new Ryzen 9 Pro CPU — product pipeline news can lift near-term demand expectations for client CPU sales. AMD Stock Climbs on New Ryzen 9 Pro CPU Leak
• Positive Sentiment: Investor commentary calling it “time to hop in” (buy-side/market commentary) supports demand from momentum/long-only flows. ‘Time to Hop In,’ Says Investor About AMD Stock
• Neutral Sentiment: Coverage notes AMD outperformed the broader market intraday — helpful for sentiment but mainly descriptive of price action rather than a new catalyst. Advanced Micro Devices (AMD) Outperforms Broader Market: What You Need to Know
• Neutral Sentiment: AMD appears on multiple bullish AI-stock lists and analyst pieces projecting upside from data-center and AI tailwinds — supports longer-term thesis but is diffuse. Here Are My Top 10 Artificial Intelligence (AI) Stocks for 2026
• Neutral Sentiment: Reported short-interest data is unreliable (shows 0 shares / NaN change), so there’s no clear short-squeeze signal from the published figures.
• Negative Sentiment: Analysis pieces remind investors that AMD’s stock can be highly volatile and has experienced sharp drawdowns in the past — a valuation/volatility risk that could cap near-term upside. Why AMD Stock Can Fall
• Negative Sentiment: Premarket weakness in the broader microchip group tied to macro headlines (DoJ/other news, jobs data) can pull AMD down with the sector despite company-specific positives. NVDA, INTC and AMD Forecast – Microchips Slightly Negative Early on Monday

Insider Activity at Advanced Micro Devices

In other Advanced Micro Devices news, EVP Forrest Eugene Norrod sold 19,450 shares of the stock in a transaction on Wednesday, November 19th. The stock was sold at an average price of $229.37, for a total transaction of $4,461,246.50. Following the sale, the executive vice president 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 position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Mark D. Papermaster sold 17,108 shares of the business’s 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 completion of the transaction, the executive vice president directly owned 1,714,505 shares of the company’s stock, valued at approximately $411,686,940.60. The trade was a 0.99% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 178,358 shares of company stock valued at $39,229,623 over the last ninety days. 0.06% of the stock is owned by company insiders.

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.