Advanced Micro Devices, Inc. $AMD is Jessup Wealth Management Inc’s 6th Largest Position

Jessup Wealth Management Inc raised its position in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 9.1% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 82,055 shares of the semiconductor manufacturer’s stock after acquiring an additional 6,845 shares during the quarter. Advanced Micro Devices makes up 4.9% of Jessup Wealth Management Inc’s investment portfolio, making the stock its 6th largest position. Jessup Wealth Management Inc’s holdings in Advanced Micro Devices were worth $13,276,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently modified their holdings of AMD. Norges Bank purchased a new position in Advanced Micro Devices during the 2nd quarter valued at about $3,094,662,000. Kingstone Capital Partners Texas LLC bought a new stake in shares of Advanced Micro Devices in the 2nd quarter worth approximately $958,422,000. Rafferty Asset Management LLC increased its stake in shares of Advanced Micro Devices by 56.0% during 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 buying an additional 2,430,533 shares during the period. Vanguard Group Inc. increased its stake in shares of Advanced Micro Devices by 1.5% during the second quarter. Vanguard Group Inc. now owns 154,648,859 shares of the semiconductor manufacturer’s stock valued at $21,944,673,000 after buying an additional 2,281,508 shares during the period. Finally, Viking Global Investors LP bought a new position in shares of Advanced Micro Devices during the second quarter valued at approximately $271,110,000. 71.34% of the stock is owned by institutional investors.

Key Advanced Micro Devices News

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

• Positive Sentiment: Long‑term upside thesis remains intact — The Motley Fool argues AMD’s recovery and AI exposure support multi‑year gains, reinforcing a growth narrative that can attract buy‑and‑hold investors. Where Will AMD Stock Be in 5 Years?
• Positive Sentiment: Third‑party partnerships and CES showcases boost AI credibility — A GlobeNewswire release highlights KunlunMeta’s partnership with AMD at CES, signaling customer interest in AMD accelerators for Chinese AI stacks. Partnerships like this underwrite revenue opportunities in data‑center inference. KunlunMeta Partners with AMD to Shine at CES
• Positive Sentiment: Analysts and market roundup highlight AMD as an AI leader — Weekly market reviews that call out Nvidia and AMD focus investor attention on AMD’s role in the AI infrastructure buildout, supporting demand expectations for MI‑series chips. Stock Market Rallies Broadly To Highs; Nvidia, AMD, Bloom Energy In Focus: Weekly Review
• Neutral Sentiment: CES generated broad AI/robotics headlines but mixed investor reaction — CNBC covered CES robot and AI demos that included AMD; media buzz raises profile but doesn’t guarantee immediate orders or margins. Humanoid robots take over CES in Las Vegas as tech industry touts future of AI
• Neutral Sentiment: Analyst/opinion pieces debate valuation after pullback — Several articles (Seeking Alpha, Yahoo Finance, Zacks) discuss whether a recent pullback leaves AMD attractively priced given a lofty P/E and high growth expectations; these pieces can support both buy and wait‑and‑see positions. AMD: Golden Buying Opportunity After Sentiment-Driven Selloff
• Negative Sentiment: Profit‑taking and sentiment‑driven selling after CES announcements — Coverage notes a short‑term slide as investors rotate out after a big 2025 run; some traders view the CES reveal as underwhelming versus lofty expectations. Why is AMD stock plunging sharply on Thursday?
• Negative Sentiment: Insider selling and noisy social sentiment add caution — Aggregated commentary and data show heavy insider sales and mixed social media reaction to the MI450/Helios launches, which can amplify short‑term downside risk even if fundamentals remain strong. Advanced Micro Devices Stock (AMD) Opinions on CES 2026 Announcements
• Negative Sentiment: Debate on whether MI‑series hype is priced in — Critical pieces ask if MI450/Helios announcements represent a true breakout or mostly hype, raising execution and competitive risk concerns that could pressure the stock if adoption timelines slip. Advanced Micro Devices: AI Breakout Or Just Hype Around MI450 And Helios?

Wall Street Analyst Weigh In

A number of research analysts have issued reports on AMD shares. HSBC boosted their price objective on shares of Advanced Micro Devices from $185.00 to $310.00 and gave the company a “buy” rating in a research report on Wednesday, October 15th. Wedbush reiterated an “outperform” rating and set a $290.00 price target on shares of Advanced Micro Devices in a research report on Wednesday, November 12th. Morgan Stanley reissued an “equal weight” rating and issued a $260.00 price target on shares of Advanced Micro Devices in a research note on Wednesday, November 12th. Benchmark raised their price objective on shares of Advanced Micro Devices from $270.00 to $325.00 and gave the stock a “buy” rating in a report on Wednesday, November 5th. Finally, Loop Capital set a $290.00 target price on Advanced Micro Devices and gave the stock a “buy” rating in a report on Wednesday, November 5th. 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 stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $277.06.

Insiders Place Their Bets

In other news, EVP Mark D. Papermaster sold 17,108 shares of Advanced Micro Devices stock in a transaction dated 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 owned 1,714,505 shares of the company’s stock, valued at $411,686,940.60. The trade was a 0.99% decrease in their position. 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 dated 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 completion of the transaction, the executive vice president owned 300,348 shares in the company, valued at approximately $68,890,820.76. The trade was a 6.08% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 178,358 shares of company stock valued at $39,229,623. 0.06% of the stock is currently owned by corporate insiders.

Advanced Micro Devices Price Performance

Shares of NASDAQ AMD opened at $203.17 on Friday. Advanced Micro Devices, Inc. has a fifty-two week low of $76.48 and a fifty-two week high of $267.08. The company has a 50 day simple moving average of $221.33 and a two-hundred day simple moving average of $191.90. The company has a market capitalization of $330.77 billion, a price-to-earnings ratio of 100.58, a P/E/G ratio of 0.87 and a beta of 1.95. 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 (NASDAQ:AMD) last issued its quarterly earnings results on Tuesday, November 4th. The semiconductor manufacturer reported $1.20 EPS for the quarter, topping analysts’ consensus estimates of $1.17 by $0.03. The firm had revenue of $9.25 billion for 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%.The business’s revenue for the quarter was up 35.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.92 EPS. Analysts expect that Advanced Micro Devices, Inc. will post 3.87 EPS for the current fiscal year.

About Advanced Micro Devices

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.