Advanced Micro Devices, Inc. $AMD Position Reduced by Bank of New Hampshire

Bank of New Hampshire decreased its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 10.2% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 6,865 shares of the semiconductor manufacturer’s stock after selling 779 shares during the quarter. Advanced Micro Devices accounts for approximately 0.9% of Bank of New Hampshire’s portfolio, making the stock its 28th largest holding. Bank of New Hampshire’s holdings in Advanced Micro Devices were worth $4,200,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the company. JNBA Financial Advisors grew its position in Advanced Micro Devices by 142.9% during the second quarter. JNBA Financial Advisors now owns 51 shares of the semiconductor manufacturer’s stock valued at $30,000 after buying an additional 30 shares during the period. Bullseye Investment Management LLC purchased a new position in Advanced Micro Devices in the second quarter valued at $44,000. Luminist Capital LLC purchased a new position in Advanced Micro Devices in the second quarter valued at $46,000. BOK Financial Private Wealth Inc. acquired a new position in shares of Advanced Micro Devices in the second quarter worth about $53,000. Finally, Toews Corp ADV acquired a new position in shares of Advanced Micro Devices in the second quarter worth about $66,000. 71.34% of the stock is owned by hedge funds and other institutional investors.

Insider Activity at Advanced Micro Devices

In other news, EVP Forrest Norrod sold 17,261 shares of the business’s stock in a transaction that occurred on Tuesday, September 15th. The stock was sold at an average price of $503.05, for a total transaction of $8,683,146.05. Following the transaction, the executive vice president directly owned 363,317 shares in the company, valued at $182,766,616.85. The trade was a 4.54% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Ava Hahn sold 2,993 shares of the business’s stock in a transaction that occurred on Tuesday, August 18th. The stock was sold at an average price of $488.69, for a total value of $1,462,649.17. Following the transaction, the senior vice president owned 26,623 shares in the company, valued at approximately $13,010,393.87. This represents a 10.11% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 213,838 shares of company stock worth $105,533,836 in the last 90 days. 0.50% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on AMD shares. Jefferies Financial Group set a $650.00 target price on Advanced Micro Devices in a research report on Wednesday, August 5th. Barclays cut Advanced Micro Devices from an “overweight” rating to an “underweight” rating in a report on Friday, June 12th. The Goldman Sachs Group increased their price target on Advanced Micro Devices from $450.00 to $640.00 and gave the stock a “buy” rating in a research report on Monday, July 6th. Sanford C. Bernstein reissued an “outperform” rating and issued a $650.00 price objective on shares of Advanced Micro Devices in a report on Wednesday, August 5th. Finally, Wedbush restated an “outperform” rating and issued a $600.00 price objective on shares of Advanced Micro Devices in a research report on Wednesday, August 5th. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Advanced Micro Devices presently has an average rating of “Moderate Buy” and a consensus target price of $576.88.

Advanced Micro Devices Price Performance

AMD traded up $17.67 on Tuesday, hitting $649.42. 24,185,116 shares of the company’s stock were exchanged, compared to its average volume of 32,723,711. Advanced Micro Devices, Inc. has a fifty-two week low of $188.22 and a fifty-two week high of $658.52. The stock has a market cap of $1.06 trillion, a price-to-earnings ratio of 166.95, a P/E/G ratio of 6.58 and a beta of 2.45. The firm has a 50-day moving average price of $515.38 and a 200-day moving average price of $449.17. The company has a current ratio of 2.61, a quick ratio of 1.91 and a debt-to-equity ratio of 0.03.

Advanced Micro Devices (NASDAQ:AMD) last issued its earnings results on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 EPS for the quarter, beating analysts’ consensus estimates of $1.62 by $0.04. The business had revenue of $11.54 billion during the quarter, compared to analysts’ expectations of $11.31 billion. Advanced Micro Devices had a net margin of 15.58% and a return on equity of 12.30%. The company’s quarterly revenue was up 50.1% compared to the same quarter last year. During the same period in the prior year, the business earned $0.48 earnings per share. As a group, equities analysts anticipate that Advanced Micro Devices, Inc. will post 6.43 earnings per share for the current year.

Key Stories Impacting Advanced Micro Devices

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

• Positive Sentiment: Analyst target increases reinforced bullish sentiment. Citi raised its price target to $800 from $575 while maintaining a Buy rating, citing the potential for agentic AI to expand demand for computing infrastructure. Mizuho raised its target to $705 from $580, and BNP Paribas lifted its target to $960 from $600 with an Outperform rating. Citi Raises AMD Price Target
• Positive Sentiment: AI demand expectations remain the primary catalyst. CEO Lisa Su said demand for AI chips should remain “very, very high” for years and that AMD plans to substantially increase supply in 2027 by securing additional wafer and memory capacity from suppliers in Taiwan and South Korea. Investors view the expansion as support for future data-center and AI revenue growth. AMD Plans to Increase 2027 Supply
• Positive Sentiment: Meta’s Muse AI-agent initiative is viewed as favorable for AMD. Analysts argue that continuously operating AI agents require substantial CPU, memory and networking resources, potentially broadening demand beyond Nvidia’s traditional accelerator market and benefiting AMD’s server CPUs and AI products. Meta Muse Boosts AMD
• Positive Sentiment: Upcoming results provide a near-term catalyst. AMD will release fiscal third-quarter 2026 results after the market close on Nov. 3. Recent coverage highlights expectations for roughly $13 billion in revenue and continued strength in data-center sales, increasing attention on whether the company can deliver a “beat and raise.” AMD Third-Quarter Results Announcement

About Advanced Micro Devices

Advanced Micro Devices, Inc (NASDAQ: AMD) is a semiconductor company that designs high-performance computing, graphics and adaptive computing products. Its offerings serve data centers, personal computers, gaming systems, embedded devices and other specialized markets.

AMD’s product portfolio includes Ryzen processors for desktop and notebook computers, EPYC server processors, Radeon graphics products, and Instinct accelerators designed for artificial intelligence and high-performance computing workloads.