Securian Asset Management Inc. Cuts Stake in Advanced Micro Devices, Inc. $AMD

Securian Asset Management Inc. lessened its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 7.5% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 78,373 shares of the semiconductor manufacturer’s stock after selling 6,398 shares during the period. Securian Asset Management Inc.’s holdings in Advanced Micro Devices were worth $12,680,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in AMD. MassMutual Private Wealth & Trust FSB boosted its holdings in shares of Advanced Micro Devices by 6.6% in the third quarter. MassMutual Private Wealth & Trust FSB now owns 6,205 shares of the semiconductor manufacturer’s stock valued at $1,004,000 after purchasing an additional 384 shares during the period. Cerity Partners LLC lifted its position in shares of Advanced Micro Devices by 0.4% during the third quarter. Cerity Partners LLC now owns 634,938 shares of the semiconductor manufacturer’s stock valued at $102,870,000 after buying an additional 2,656 shares during the last quarter. NORTHSTAR ASSET MANAGEMENT Co grew its stake in Advanced Micro Devices by 2.1% during the 3rd quarter. NORTHSTAR ASSET MANAGEMENT Co now owns 8,407 shares of the semiconductor manufacturer’s stock worth $1,360,000 after buying an additional 175 shares during the last quarter. McIlrath & Eck LLC raised its position in shares of Advanced Micro Devices by 28.8% in the 3rd quarter. McIlrath & Eck LLC now owns 255 shares of the semiconductor manufacturer’s stock valued at $41,000 after purchasing an additional 57 shares during the last quarter. Finally, Gunderson Capital Management Inc. grew its holdings in shares of Advanced Micro Devices by 18.7% during the third quarter. Gunderson Capital Management Inc. now owns 12,729 shares of the semiconductor manufacturer’s stock valued at $2,059,000 after buying an additional 2,003 shares during the last quarter. Hedge funds and other institutional investors own 71.34% of the company’s stock.

Insider Transactions at Advanced Micro Devices

In other Advanced Micro Devices news, CEO Lisa T. Su sold 125,000 shares of Advanced Micro Devices stock in a transaction on Thursday, December 11th. The shares were sold at an average price of $215.14, for a total transaction of $26,892,500.00. Following the completion of the sale, the chief executive officer owned 3,277,476 shares of the company’s stock, valued at $705,116,186.64. This trade represents a 3.67% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, EVP Mark D. Papermaster sold 17,108 shares of Advanced Micro Devices stock in a transaction dated Friday, November 14th. The stock was sold at an average price of $240.12, for a total value of $4,107,972.96. Following the sale, the executive vice president directly owned 1,714,505 shares in the company, valued at approximately $411,686,940.60. This trade represents a 0.99% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 178,358 shares of company stock valued at $39,229,623. Insiders own 0.06% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on AMD shares. Truist Financial decreased their target price on Advanced Micro Devices from $279.00 to $277.00 and set a “buy” rating for the company in a report on Friday, December 19th. Benchmark upped their price objective on shares of Advanced Micro Devices from $270.00 to $325.00 and gave the company a “buy” rating in a report on Wednesday, November 5th. JPMorgan Chase & Co. raised their target price on shares of Advanced Micro Devices from $180.00 to $270.00 and gave the stock a “neutral” rating in a report on Wednesday, November 5th. UBS Group upped their price target on shares of Advanced Micro Devices from $265.00 to $300.00 and gave the company a “buy” rating in a report on Wednesday, November 5th. Finally, DZ Bank raised Advanced Micro Devices from a “hold” rating to a “buy” rating and set a $250.00 price target on the stock in a research report on Wednesday, October 8th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and eleven have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $277.06.

Key Stories Impacting Advanced Micro Devices

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

• Positive Sentiment: AMD expanded its AI and PC roadmap at CES — new Instinct MI455/MI440X GPUs for data centers, Ryzen AI 400/Max+ processors, Ryzen AI Halo developer platform and a preview of the MI500 roadmap that aim to broaden AMD’s addressable markets across enterprise, edge and consumer. These product launches reinforce AMD’s ability to compete with Nvidia in enterprise AI and lift TAM expectations. AMD and its Partners Share Vision at CES 2026
• Positive Sentiment: OEM and partner momentum: major OEM announcements (Acer and others) and company partnerships (OpenAI and ecosystem support including ROCm software updates) increase near‑term design wins and developer adoption — a path to recurring PC and edge revenue. Acer Introduces Ryzen AI 400 Series
• Neutral Sentiment: Industry supply context — TSMC’s surge and capacity expansion (2nm, packaging/CoWoS and Arizona fabs) benefit all fabs’ customers, including AMD, by unlocking more advanced node supply — but that also helps competitors. This is a mixed factor for AMD specifically. TSMC Soars Past $1.6T
• Neutral Sentiment: Market debate over “physical AI” and divergent roadmaps (Nvidia vs AMD) means investors are parsing product vs go‑to‑market differences; CES commentary and analyst takes are shaping sentiment but not yet firming share‑moving revenue proof. Nvidia and AMD Reveal Dueling Paths
• Negative Sentiment: Profit‑taking and short‑term selling pressure after a massive 2025 rally. Multiple outlets reported intraday weakness and analyst notes that bullish CES commentary didn’t prevent a pullback as investors locked gains. That pressure is a key driver of today’s decline. Lisa Su’s Upbeat Comments Can’t Stop AMD Stock From Falling
• Negative Sentiment: Cost and pricing headwinds — reports of rising memory prices that could push up GPU costs (industry‑wide) may pressure margins or dampen demand if OEMs or customers resist higher prices. Rising memory prices may push up GPU costs
• Negative Sentiment: Insider selling and heavy recent profit‑taking by some institutional holders are noted in filings/data summaries — a behavioral headwind that can amplify down days when investors rotate away from high‑momentum names. Quiver Quant CES summary (insider data included)

Advanced Micro Devices Stock Performance

Advanced Micro Devices stock opened at $214.35 on Wednesday. The firm has a 50 day simple moving average of $224.48 and a 200-day simple moving average of $191.17. Advanced Micro Devices, Inc. has a 1-year low of $76.48 and a 1-year high of $267.08. The stock has a market cap of $348.97 billion, a price-to-earnings ratio of 106.11, a price-to-earnings-growth ratio of 0.94 and a beta of 1.95. 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 released its quarterly earnings data on Tuesday, November 4th. The semiconductor manufacturer reported $1.20 earnings per share for the quarter, topping analysts’ consensus estimates 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 for the quarter, compared to analysts’ expectations of $8.76 billion. During the same quarter last year, the company earned $0.92 earnings per share. The firm’s revenue for the quarter was up 35.6% on a year-over-year basis. On average, analysts expect that Advanced Micro Devices, Inc. will post 3.87 EPS for the current year.

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.