New York State Common Retirement Fund Lowers Position in Advanced Micro Devices, Inc. $AMD

New York State Common Retirement Fund cut its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 5.7% in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund owned 2,110,500 shares of the semiconductor manufacturer’s stock after selling 128,739 shares during the period. New York State Common Retirement Fund owned 0.13% of Advanced Micro Devices worth $341,458,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Wise Wealth Partners bought a new stake in shares of Advanced Micro Devices in the 2nd quarter worth approximately $343,000. Waterfront Wealth Inc. purchased a new stake in shares of Advanced Micro Devices during the second quarter valued at $1,145,000. Global Retirement Partners LLC purchased a new position in Advanced Micro Devices in the 2nd quarter worth about $4,519,000. Cornercap Investment Counsel Inc. raised its holdings in shares of Advanced Micro Devices by 43.3% during the second quarter. Cornercap Investment Counsel Inc. now owns 12,245 shares of the semiconductor manufacturer’s stock valued at $1,738,000 after acquiring an additional 3,702 shares during the period. Finally, Swiss National Bank lifted its position in shares of Advanced Micro Devices by 7.5% in the 2nd quarter. Swiss National Bank now owns 4,917,975 shares of the semiconductor manufacturer’s stock valued at $697,861,000 after acquiring an additional 341,000 shares in the last quarter. Hedge funds and other institutional investors own 71.34% of the company’s stock.

Insider Activity

In related news, SVP Ava Hahn sold 2,442 shares of the company’s stock in a transaction on Friday, January 16th. The shares were sold at an average price of $234.42, for a total value of $572,453.64. Following the completion of the transaction, the senior vice president directly owned 16,359 shares of the company’s stock, valued at approximately $3,834,876.78. This represents a 12.99% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Mark D. Papermaster sold 17,108 shares of Advanced Micro Devices stock in a transaction dated Friday, November 14th. The shares were sold at an average price of $240.12, for a total value of $4,107,972.96. Following the completion of the sale, the executive vice president directly owned 1,714,505 shares in the company, valued at $411,686,940.60. This represents a 0.99% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 164,000 shares of company stock valued at $36,034,173. 0.06% of the stock is owned by company insiders.

Advanced Micro Devices Price Performance

AMD opened at $252.74 on Thursday. The company’s 50 day simple moving average is $219.90 and its 200-day simple moving average is $201.16. The stock has a market capitalization of $411.47 billion, a P/E ratio of 125.12, a price-to-earnings-growth ratio of 1.05 and a beta of 1.95. Advanced Micro Devices, Inc. has a one year low of $76.48 and a one year high of $267.08. 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 (NASDAQ:AMD) last issued its 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 company had revenue of $9.25 billion during the quarter, compared to analysts’ expectations of $8.76 billion. During the same quarter in the previous year, the company posted $0.92 EPS. The business’s revenue for the quarter was up 35.6% compared to the same quarter last year. Sell-side analysts anticipate that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on AMD shares. Sanford C. Bernstein raised their price objective on Advanced Micro Devices from $200.00 to $225.00 and gave the stock a “market perform” rating in a research report on Wednesday, January 21st. DZ Bank upgraded Advanced Micro Devices from a “hold” rating to a “buy” rating and set a $250.00 price target for the company in a report on Wednesday, October 8th. UBS Group raised their target price on shares of Advanced Micro Devices from $300.00 to $330.00 and gave the company a “buy” rating in a research note on Monday. Deutsche Bank Aktiengesellschaft set a $235.00 price target on Advanced Micro Devices and gave the company a “hold” rating in a research report on Tuesday, October 14th. Finally, JPMorgan Chase & Co. increased their target price on Advanced Micro Devices from $180.00 to $270.00 and gave the company a “neutral” rating in a research note on Wednesday, November 5th. Two analysts have rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and ten have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $281.06.

Trending Headlines about Advanced Micro Devices

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

• Positive Sentiment: OpenAI selected AMD chips for infrastructure deployments, a material validation of AMD’s AI roadmap that should boost near‑ and medium‑term datacenter revenue expectations. AMD Lands OpenAI Chip Deal, Highlighting Growing AI Revenue Story
• Positive Sentiment: Piper Sandler raised its price target to $300 and flagged Helios (data‑center product) ramp and the OpenAI deal as upside drivers — a bullish analyst signal that can lift sentiment and flows. Piper Sandler Sees Helios Ramp and OpenAI Driving AMD Upside
• Positive Sentiment: Positive reviews of the Ryzen 7 9850X3D are supporting AMD’s consumer CPU narrative and helped push shares higher as retail/PC demand signals improve. AMD Stock Jumps Alongside Positive Ryzen 7 9850X3D Reviews
• Positive Sentiment: Bernstein bumped its price target to $225 and coverage from firms like Goldman Sachs and BofA highlight AMD as a top semiconductor pick — increased sell‑side attention is supporting valuation momentum. How Advanced Micro Devices, Inc. (AMD) Is Positioning Itself for AI Growth and Server Demand
• Positive Sentiment: Macro demand cue — Meta said it will significantly lift 2026 capex, signaling higher cloud/datacenter spend that should benefit AMD as customers scale AI infrastructure. AMD, Broadcom, and Nvidia Stock Investors Just Got Fantastic News from CEO Mark Zuckerberg
• Positive Sentiment: Analyst and market narratives (Seeking Alpha, MarketBeat) point to 2026 as an “EPYC year” with product launches (MI450x) as major revenue tailwinds — supports higher medium‑term earnings estimates. AMD’s 2026 An EPYC Year – MI450x Not The Only Tailwind
• Neutral Sentiment: Reports China may allow domestic firms to buy Nvidia AI chips — market‑wide for AI hardware, this is ambiguous for AMD: it could expand total demand but also increase competition for NVIDIA‑optimized workloads. AMD and Nvidia Stock Investors Got Amazing News from China
• Neutral Sentiment: Short‑interest data in the feeds is effectively meaningless (reported as 0 shares / 0.0 days) and shouldn’t be read as a real positioning signal. (internal data feed)
• Neutral Sentiment: Multiple media pieces predicting a sharp move around the Feb. 3 earnings/updates are speculative — they add volatility risk around the report but are not new fundamental news. Prediction: AMD Stock Will Soar on Feb. 3

Advanced Micro Devices 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.