Picton Mahoney Asset Management Sells 29,838 Shares of Advanced Micro Devices, Inc. $AMD

Picton Mahoney Asset Management lessened its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 58.3% during the third quarter, HoldingsChannel.com reports. The fund owned 21,328 shares of the semiconductor manufacturer’s stock after selling 29,838 shares during the period. Picton Mahoney Asset Management’s holdings in Advanced Micro Devices were worth $3,449,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of AMD. ORG Wealth Partners LLC increased its holdings in shares of Advanced Micro Devices by 39.7% in the third quarter. ORG Wealth Partners LLC now owns 162 shares of the semiconductor manufacturer’s stock worth $26,000 after purchasing an additional 46 shares during the period. Koesten Hirschmann & Crabtree INC. grew its position in Advanced Micro Devices by 61.0% during the third quarter. Koesten Hirschmann & Crabtree INC. now owns 161 shares of the semiconductor manufacturer’s stock worth $26,000 after buying an additional 61 shares in the last quarter. Pinney & Scofield Inc. increased its stake in Advanced Micro Devices by 81.0% in the 2nd quarter. Pinney & Scofield Inc. now owns 190 shares of the semiconductor manufacturer’s stock worth $27,000 after acquiring an additional 85 shares during the last quarter. Aviso Financial Inc. raised its holdings in shares of Advanced Micro Devices by 400.0% in the 3rd quarter. Aviso Financial Inc. now owns 200 shares of the semiconductor manufacturer’s stock valued at $32,000 after acquiring an additional 160 shares in the last quarter. Finally, Evolution Wealth Management Inc. bought a new stake in shares of Advanced Micro Devices during the 2nd quarter valued at about $34,000. 71.34% of the stock is currently owned by hedge funds and other institutional investors.

Advanced Micro Devices News Roundup

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

• Positive Sentiment: Multi‑year AI supply deal with Meta boosts AMD’s revenue visibility and supports the company’s push into data‑center AI infrastructure. Advanced Micro Devices (AMD) Signs Multi-Year Meta AI Deal
• Positive Sentiment: AMD expanded its Ryzen AI 400 Series and PRO lineup, adding Copilot+ support and up to 60 TOPS — a product push that strengthens its AI PC roadmap and recurring revenue potential. AMD Expands AI Portfolio With New Ryzen Chips
• Positive Sentiment: Several sell‑side firms (Piper Sandler, Jefferies and others) remain bullish with high price targets after the Meta deal, helping underpin the stock amid the pullback. Piper Sandler and Jefferies Stay Bullish on AMD
• Neutral Sentiment: R&D tie‑ups (University of Toronto lab) and participation in global 6G alliances broaden AMD’s ecosystem exposure but are longer‑term positives rather than immediate revenue drivers. The University of Toronto and AMD Launch Major AI & Computing R&D Lab
• Negative Sentiment: Reports that the U.S. is considering tougher export controls on AI‑centric chips (potentially requiring approvals) have hit sentiment across chip names — a near‑term regulatory risk that could constrain international sales and complicate supply relationships. New Export Rules Could Be Coming for AI Chipmakers’ Sales
• Negative Sentiment: Investors are also worrying about margin pressure for AI data‑center customers from rising energy costs, which could reduce hyperscaler demand or pricing power for high‑end chips. Why Is AMD Stock Crashing Today?
• Negative Sentiment: High insider selling and headline volatility (after‑hours swings and competing demand for Nvidia orders) are adding to near‑term downside pressure and trader caution. Quiver Quant AMD Market and Insider Data

Advanced Micro Devices Stock Down 1.3%

Shares of NASDAQ AMD opened at $199.45 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. Advanced Micro Devices, Inc. has a 12 month low of $76.48 and a 12 month high of $267.08. The firm has a fifty day simple moving average of $218.22 and a two-hundred day simple moving average of $208.50. The firm has a market capitalization of $325.19 billion, a PE ratio of 75.26, a price-to-earnings-growth ratio of 0.76 and a beta of 1.98.

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

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on AMD shares. Wall Street Zen upgraded shares of Advanced Micro Devices from a “hold” rating to a “buy” rating in a research report on Monday, January 26th. Royal Bank Of Canada reissued a “sector perform” rating and issued a $230.00 price target on shares of Advanced Micro Devices in a research note on Wednesday, February 25th. Jefferies Financial Group restated a “buy” rating on shares of Advanced Micro Devices in a research report on Tuesday, February 24th. Barclays reiterated an “overweight” rating on shares of Advanced Micro Devices in a research report on Wednesday, November 12th. Finally, UBS Group set a $310.00 target price on Advanced Micro Devices in a research note on Wednesday, February 4th. One analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and ten have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $290.53.

Insiders Place Their Bets

In other news, SVP Ava Hahn sold 2,442 shares of the firm’s stock in a transaction on Friday, January 16th. The shares were sold at an average price of $234.42, for a total transaction of $572,453.64. Following the sale, the senior vice president directly owned 16,359 shares in the company, valued at $3,834,876.78. This trade represents a 12.99% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Forrest Eugene Norrod sold 19,450 shares of the business’s stock in a transaction that occurred on Wednesday, February 11th. The stock was sold at an average price of $216.81, for a total value of $4,216,954.50. Following the completion of the transaction, the executive vice president directly owned 289,098 shares in the company, valued at approximately $62,679,337.38. This represents a 6.30% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 271,892 shares of company stock valued at $58,476,908. Insiders own 0.06% of the company’s stock.

Advanced Micro Devices Company 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.