State of Alaska Department of Revenue Buys 19,371 Shares of Advanced Micro Devices, Inc. $AMD

State of Alaska Department of Revenue grew its position in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 9.9% during the 3rd quarter, Holdings Channel reports. The firm owned 215,750 shares of the semiconductor manufacturer’s stock after purchasing an additional 19,371 shares during the quarter. State of Alaska Department of Revenue’s holdings in Advanced Micro Devices were worth $34,906,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the company. Pinney & Scofield Inc. grew its stake in Advanced Micro Devices by 81.0% during the second quarter. Pinney & Scofield Inc. now owns 190 shares of the semiconductor manufacturer’s stock worth $27,000 after buying an additional 85 shares during the last quarter. Dogwood Wealth Management LLC boosted its holdings in shares of Advanced Micro Devices by 2,311.1% in the 2nd quarter. Dogwood Wealth Management LLC now owns 217 shares of the semiconductor manufacturer’s stock worth $30,000 after acquiring an additional 208 shares in the last quarter. Avion Wealth boosted its holdings in shares of Advanced Micro Devices by 49.3% in the 2nd quarter. Avion Wealth now owns 218 shares of the semiconductor manufacturer’s stock worth $30,000 after acquiring an additional 72 shares in the last quarter. Signature Resources Capital Management LLC grew its position in Advanced Micro Devices by 170.4% during the 3rd quarter. Signature Resources Capital Management LLC now owns 219 shares of the semiconductor manufacturer’s stock worth $35,000 after acquiring an additional 138 shares during the last quarter. Finally, West Branch Capital LLC increased its holdings in Advanced Micro Devices by 3,057.1% during the 2nd quarter. West Branch Capital LLC now owns 221 shares of the semiconductor manufacturer’s stock valued at $31,000 after purchasing an additional 214 shares in the last quarter. Institutional investors own 71.34% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have commented on AMD. Dbs Bank raised Advanced Micro Devices from a “hold” rating to a “moderate buy” rating in a research note on Monday, October 6th. Raymond James Financial assumed coverage on shares of Advanced Micro Devices in a research report on Thursday, November 20th. They set an “outperform” rating and a $377.00 price target on the stock. Wedbush restated an “outperform” rating and issued a $290.00 price objective on shares of Advanced Micro Devices in a research report on Wednesday, November 12th. Mizuho boosted their target price on shares of Advanced Micro Devices from $275.00 to $285.00 and gave the stock an “outperform” rating in a research note on Wednesday, November 12th. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of Advanced Micro Devices in a research note on Monday, December 29th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and eleven have given a Hold rating to the stock. According to data from MarketBeat.com, Advanced Micro Devices has an average rating of “Moderate Buy” and an average price target of $277.06.

Key Stories Impacting Advanced Micro Devices

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

• Positive Sentiment: CES product push: AMD unveiled new AI data‑center accelerators and rack-scale Helios platforms (MI450, MI440X, MI455, Helios) and emphasized strong AI demand in prepared remarks — supports the long‑term growth thesis around AI infrastructure. Advanced Micro Devices, Inc. (AMD) Presents at CES 2026 Prepared Remarks Transcript
• Positive Sentiment: Partner momentum: A GlobeNewswire report highlights a KunlunMeta partnership showcased at CES, signaling ecosystem adoption and potential OEM/solution‑partner pathways in China and globally. KunlunMeta Partners with AMD to Shine at CES
• Neutral Sentiment: Analyst/industry debate: Multiple pieces compare AMD with peers (Broadcom, Nvidia, Intel) and re‑rate the competitive landscape — useful context but not an immediate catalyst. Battle Royale: AMD vs. Broadcom. Only One Can Make You Rich.
• Neutral Sentiment: Valuation discussion: Several analyses revisit AMD’s P/E and long‑term upside vs. peers — supports either accumulation or caution depending on investor time horizon. Is Advanced Micro Devices (AMD) Still Attractive After Recent Pullback And Lofty P/E Ratio?
• Negative Sentiment: Profit‑taking and market disappointment: Coverage says the stock dipped after CES as some investors viewed the announcements as underwhelming relative to expectations and rotated out after a large 2025 rally. Why is AMD stock plunging sharply on Thursday?
• Negative Sentiment: Sentiment/insider concerns: Social and data summaries highlight mixed online reactions and extensive insider selling, which can amplify near‑term downside and investor caution. Advanced Micro Devices Stock (AMD) Opinions on CES 2026 Announcements
• Negative Sentiment: Technical/valuation warning signs: Analysts and technical commentators note a risky chart pattern and valuation concerns that could prolong volatility. AMD stock price forms a risky pattern amid valuation concerns

Advanced Micro Devices Stock Down 2.5%

Shares of NASDAQ:AMD opened at $204.68 on Friday. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.31 and a quick ratio of 1.68. The stock has a market cap of $333.23 billion, a price-to-earnings ratio of 101.33, a P/E/G ratio of 0.89 and a beta of 1.95. The company has a 50 day moving average of $222.39 and a 200-day moving average of $191.39. Advanced Micro Devices, Inc. has a one year low of $76.48 and a one year high of $267.08.

Advanced Micro Devices (NASDAQ:AMD) last announced its quarterly earnings data on Tuesday, November 4th. The semiconductor manufacturer reported $1.20 earnings per share 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 business had revenue of $9.25 billion for the quarter, compared to analyst estimates of $8.76 billion. During the same period in the prior year, the business posted $0.92 earnings per share. Advanced Micro Devices’s revenue was up 35.6% compared to the same quarter last year. On average, sell-side analysts forecast that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current year.

Insider Activity

In related news, 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 value of $4,461,246.50. Following the completion of the sale, the executive vice president owned 300,348 shares in the company, valued at approximately $68,890,820.76. This represents a 6.08% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, EVP Mark D. Papermaster sold 17,108 shares of the 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 transaction, the executive vice president directly owned 1,714,505 shares in the company, valued at $411,686,940.60. The trade was a 0.99% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 178,358 shares of company stock valued at $39,229,623 in the last 90 days. 0.06% of the stock is owned by company insiders.

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.