Eastern Bank Sells 3,723 Shares of Advanced Micro Devices, Inc. $AMD

Eastern Bank trimmed its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 11.8% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 27,781 shares of the semiconductor manufacturer’s stock after selling 3,723 shares during the period. Eastern Bank’s holdings in Advanced Micro Devices were worth $4,495,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in AMD. Norges Bank bought a new stake in Advanced Micro Devices during the 2nd quarter valued at approximately $3,094,662,000. Kingstone Capital Partners Texas LLC acquired a new position in shares of Advanced Micro Devices during the second quarter worth approximately $958,422,000. Nordea Investment Management AB lifted its holdings in shares of Advanced Micro Devices by 203.7% during the third quarter. Nordea Investment Management AB now owns 3,905,148 shares of the semiconductor manufacturer’s stock worth $631,892,000 after buying an additional 2,619,294 shares during the last quarter. Rafferty Asset Management LLC boosted its position in shares of Advanced Micro Devices by 56.0% in the second quarter. Rafferty Asset Management LLC now owns 6,772,923 shares of the semiconductor manufacturer’s stock valued at $961,078,000 after acquiring an additional 2,430,533 shares during the period. Finally, Vanguard Group Inc. grew its stake in shares of Advanced Micro Devices by 1.5% in the second quarter. Vanguard Group Inc. now owns 154,648,859 shares of the semiconductor manufacturer’s stock worth $21,944,673,000 after acquiring an additional 2,281,508 shares during the last quarter. 71.34% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts recently commented on the stock. Piper Sandler reiterated an “overweight” rating and set a $280.00 target price on shares of Advanced Micro Devices in a research note on Wednesday, November 12th. Deutsche Bank Aktiengesellschaft set a $235.00 price objective on shares of Advanced Micro Devices and gave the company a “hold” rating in a research report on Tuesday, October 14th. China Renaissance began coverage on shares of Advanced Micro Devices in a research note on Tuesday. They issued a “buy” rating and a $291.00 target price for the company. Wedbush restated an “outperform” rating and set a $290.00 price target on shares of Advanced Micro Devices in a research note on Wednesday, November 12th. Finally, Sanford C. Bernstein reiterated a “market perform” rating and issued a $200.00 price objective on shares of Advanced Micro Devices in a research report on Wednesday, November 12th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and eleven have assigned a Hold rating to the company. Based on data from MarketBeat, Advanced Micro Devices currently has a consensus rating of “Moderate Buy” and an average price target of $277.44.

Insider Buying and Selling at Advanced Micro Devices

In related news, CEO Lisa T. Su sold 125,000 shares of the stock in a transaction dated Thursday, December 11th. The shares were sold at an average price of $215.14, for a total transaction of $26,892,500.00. Following the completion of the sale, the chief executive officer owned 3,277,476 shares in the company, valued at $705,116,186.64. This trade represents a 3.67% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Mark D. Papermaster sold 17,108 shares of the business’s stock in a transaction dated Friday, November 14th. The shares were sold at an average price of $240.12, for a total transaction of $4,107,972.96. Following the completion of the transaction, the executive vice president owned 1,714,505 shares in the company, valued at approximately $411,686,940.60. This trade represents a 0.99% 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 161,558 shares of company stock valued at $35,461,719. 0.06% of the stock is currently owned by company insiders.

Advanced Micro Devices News Summary

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

• Positive Sentiment: KeyBanc upgraded AMD to Overweight and raised its 12‑month price target to $270, citing near‑sellout server CPU supply for 2026 and meaningful AI chip revenue potential. AMD stock surges 7% after bullish analyst call
• Positive Sentiment: Additional analyst upgrades and high price targets (e.g., China Renaissance $291, multiple firms with targets well above current levels) are reinforcing bullish sentiment and providing buy‑side cover. New Analyst Forecast: $AMD Given $270 Price Target
• Positive Sentiment: Product and demand narrative remains strong: CES demos, AMD’s Instinct AI momentum and new Ryzen AI/edge x86 launches support a case for substantial data‑center and AI revenue upside. This Analyst Says Advanced Micro Devices Will Soar 30% in 2026
• Neutral Sentiment: Media and TV endorsements (e.g., Jim Cramer) and broader analyst praise are amplifying retail/institutional interest but are not new fundamental evidence of sustained outperformance. Advanced Micro Devices (AMD)’s Got Great Performing AI Chips, Says Jim Cramer
• Neutral Sentiment: Macro market context is mixed (S&P and Nasdaq slightly softer despite cooler-than-expected CPI), so sector flows could swing with risk sentiment. Stock Market Today, Jan. 13: AMD Rallies as Banking Stocks Struggle
• Negative Sentiment: Significant insider selling has been reported (many recent sales by senior executives), which some investors will view as a governance/conviction concern. Advanced Micro Devices Stock (AMD) Opinions on AI Market Developments
• Negative Sentiment: Valuation and crowd‑exuberance risks remain: AMD’s trailing multiple is high and several pieces flag the potential for volatility or an AI‑sector pullback. Why AMD Stock Can Fall

Advanced Micro Devices Stock Up 6.4%

NASDAQ AMD opened at $220.97 on Wednesday. Advanced Micro Devices, Inc. has a 1-year low of $76.48 and a 1-year high of $267.08. The company has a market capitalization of $359.75 billion, a price-to-earnings ratio of 109.39, a PEG ratio of 0.88 and a beta of 1.95. The stock’s 50 day moving average is $219.71 and its two-hundred day moving average is $193.61. 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) last issued its earnings results on Tuesday, November 4th. The semiconductor manufacturer reported $1.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 return on equity of 8.04% and a net margin of 10.32%.Advanced Micro Devices’s quarterly revenue was up 35.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.92 EPS. Equities analysts forecast that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current fiscal 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.