Perigon Wealth Management LLC Trims Stock Holdings in Advanced Micro Devices, Inc. $AMD

Perigon Wealth Management LLC lowered its stake in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 6.2% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 53,233 shares of the semiconductor manufacturer’s stock after selling 3,531 shares during the quarter. Perigon Wealth Management LLC’s holdings in Advanced Micro Devices were worth $11,400,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of AMD. Impax Asset Management Group plc increased its stake in Advanced Micro Devices by 326.5% during the third quarter. Impax Asset Management Group plc now owns 52,068 shares of the semiconductor manufacturer’s stock worth $8,424,000 after purchasing an additional 39,861 shares during the period. Zweig DiMenna Associates LLC lifted its position in shares of Advanced Micro Devices by 127.6% during the third quarter. Zweig DiMenna Associates LLC now owns 72,602 shares of the semiconductor manufacturer’s stock worth $11,746,000 after purchasing an additional 40,708 shares in the last quarter. Wedbush Securities Inc. boosted its stake in shares of Advanced Micro Devices by 7.8% in the third quarter. Wedbush Securities Inc. now owns 84,256 shares of the semiconductor manufacturer’s stock valued at $13,632,000 after purchasing an additional 6,095 shares during the period. Highline Wealth Partners LLC grew its holdings in shares of Advanced Micro Devices by 4,891.6% in the fourth quarter. Highline Wealth Partners LLC now owns 8,286 shares of the semiconductor manufacturer’s stock valued at $1,775,000 after purchasing an additional 8,120 shares in the last quarter. Finally, William Blair Investment Management LLC grew its holdings in shares of Advanced Micro Devices by 72.5% in the third quarter. William Blair Investment Management LLC now owns 1,047,200 shares of the semiconductor manufacturer’s stock valued at $169,426,000 after purchasing an additional 440,296 shares in the last quarter. Hedge funds and other institutional investors own 71.34% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the stock. Jefferies Financial Group restated a “buy” rating on shares of Advanced Micro Devices in a research note on Tuesday, February 24th. KeyCorp reiterated an “overweight” rating and issued a $330.00 price objective on shares of Advanced Micro Devices in a research note on Tuesday, February 24th. Roth Mkm reiterated a “buy” rating on shares of Advanced Micro Devices in a report on Tuesday, February 24th. Mizuho boosted their target price on Advanced Micro Devices from $275.00 to $280.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 25th. Finally, TD Cowen restated a “buy” rating on shares of Advanced Micro Devices in a report on Wednesday, February 25th. One analyst has rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and nine have given 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 $290.53.

Advanced Micro Devices Price Performance

Advanced Micro Devices stock opened at $217.50 on Friday. The company has a current ratio of 2.85, a quick ratio of 2.01 and a debt-to-equity ratio of 0.04. The company has a fifty day simple moving average of $210.71 and a 200-day simple moving average of $214.10. The stock has a market cap of $354.60 billion, a P/E ratio of 82.08, a price-to-earnings-growth ratio of 0.79 and a beta of 1.96. Advanced Micro Devices, Inc. has a 12-month low of $76.48 and a 12-month high of $267.08.

Advanced Micro Devices (NASDAQ:AMD) last posted its earnings results on Tuesday, February 3rd. The semiconductor manufacturer reported $1.53 EPS for the quarter, beating the consensus estimate of $1.32 by $0.21. Advanced Micro Devices had a return on equity of 8.84% and a net margin of 12.52%.The firm had revenue of $10.27 billion for the quarter, compared to analyst estimates of $9.65 billion. During the same quarter in the prior year, the company posted $1.09 earnings per share. Advanced Micro Devices’s revenue for the quarter was up 34.1% compared to the same quarter last year. Equities analysts expect that Advanced Micro Devices, Inc. will post 3.87 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, EVP Forrest Eugene Norrod sold 19,450 shares of the firm’s stock in a transaction dated Wednesday, February 11th. The stock was sold at an average price of $216.81, for a total transaction of $4,216,954.50. Following the sale, the executive vice president owned 289,098 shares of the company’s stock, valued at approximately $62,679,337.38. This trade represents a 6.30% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Paul Darren Grasby sold 7,500 shares of the business’s stock in a transaction that occurred on Wednesday, March 11th. The stock was sold at an average price of $204.87, for a total value of $1,536,525.00. Following the sale, the executive vice president owned 129,598 shares of the company’s stock, valued at approximately $26,550,742.26. The trade was a 5.47% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 239,392 shares of company stock valued at $50,016,383 over the last quarter. Corporate insiders own 0.06% of the company’s stock.

Trending Headlines about Advanced Micro Devices

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

• Positive Sentiment: March Steam Hardware Survey shows gains for AMD’s CPU and GPU share, supporting investor confidence in AMD’s consumer and gaming demand. TipRanks: AMD Stock Jumps Alongside Gains In the March 2026 Steam Hardware Survey
• Positive Sentiment: Wells Fargo added AMD to its Q2 Tactical Ideas List with an overweight stance and a high price target, which boosts institutional demand expectations ahead of earnings. Wall Street Flags Advanced Micro Devices as a Buy Before Earnings
• Positive Sentiment: Strategic partnerships (recently highlighted in buy‑side coverage) — the NAVER Cloud tie and broader collaborations with Samsung — strengthen AMD’s roadmap for AI/data‑center CPUs and accelerators and help secure memory/foundry supply. Advanced Micro Devices (AMD): Among the Stocks That Can Make You Richer in 2026
• Positive Sentiment: Broker upgrade: Erste Group raised AMD from Hold to Buy, adding fresh sell‑side momentum. Upgrades can trigger flows from model‑driven funds and momentum traders. Finviz: Erste Group Upgrade
• Positive Sentiment: Reports that hedge funds (e.g., D. E. Shaw) are building positions provide evidence of continued institutional accumulation. MSN: D. E. Shaw Is Loading Up on AMD
• Neutral Sentiment: AMD is a meaningful holding in several AI‑focused ETFs, which can amplify inflows when AI ETFs rally but also expose AMD to ETF‑level selling. MarketBeat: 3 AI ETFs That Let You Invest in the Entire AI Boom at Once
• Neutral Sentiment: Several bullish research pieces (Zacks, MarketBeat coverage) reiterate momentum/growth narratives for AMD; useful for sentiment but already baked into premium multiples. Zacks: Why AMD Is a Top Momentum Stock
• Neutral Sentiment: Reports that Ray Dalio trimmed his AMD stake are notable for headlines but represent a small portfolio move relative to overall institutional ownership. Yahoo: Ray Dalio Trims Stake
• Negative Sentiment: Cathie Wood’s firm sold roughly 57k AMD shares, which can pressure sentiment among retail/income‑sensitive strategies even if the size is modest. Barchart: Cathie Wood Ditches 57K AMD Shares
• Negative Sentiment: Geopolitical risk: Trump’s Iran remarks and related supply‑chain concerns briefly sparked a chip‑sector sell‑off earlier, creating headline‑driven volatility for AMD and peers. That risk can cause intra‑day whipsaw even as company fundamentals look strong. InvestorPlace: Trump’s Iran Update Spikes Volatility

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.