847 Shares of Advanced Micro Devices, Inc. $AMD Acquired by Canandaigua National Trust Co of Florida

Canandaigua National Trust Co of Florida bought a new stake in Advanced Micro Devices, Inc. (NASDAQ:AMD) in the third quarter, HoldingsChannel.com reports. The institutional investor bought 847 shares of the semiconductor manufacturer’s stock, valued at approximately $518,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Baring Financial LLC lifted its position in Advanced Micro Devices by 4.5% in the third quarter. Baring Financial LLC now owns 491 shares of the semiconductor manufacturer’s stock valued at $300,000 after purchasing an additional 21 shares during the last quarter. Greenfield Savings Bank grew its holdings in shares of Advanced Micro Devices by 3.6% in the third quarter. Greenfield Savings Bank now owns 3,698 shares of the semiconductor manufacturer’s stock worth $2,262,000 after purchasing an additional 129 shares during the last quarter. Wealth Enhancement Trust Services Inc. increased its stake in shares of Advanced Micro Devices by 14.0% in the third quarter. Wealth Enhancement Trust Services Inc. now owns 9,786 shares of the semiconductor manufacturer’s stock worth $5,987,000 after buying an additional 1,199 shares during the period. Echo45 Advisors LLC increased its stake in shares of Advanced Micro Devices by 46.9% in the third quarter. Echo45 Advisors LLC now owns 598 shares of the semiconductor manufacturer’s stock worth $366,000 after buying an additional 191 shares during the period. Finally, S.E.E.D. Planning Group LLC bought a new stake in Advanced Micro Devices during the 3rd quarter valued at $259,000. 71.34% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Advanced Micro Devices

In other Advanced Micro Devices news, EVP Jean X. Hu sold 15,000 shares of the company’s stock in a transaction that occurred on Tuesday, August 25th. The stock was sold at an average price of $474.08, for a total transaction of $7,111,200.00. Following the transaction, the executive vice president owned 160,979 shares in the company, valued at approximately $76,316,924.32. This represents a 8.52% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Lisa Su sold 25,000 shares of the stock in a transaction that occurred on Thursday, September 10th. The stock was sold at an average price of $506.79, for a total value of $12,669,750.00. Following the completion of the transaction, the chief executive officer directly owned 74,211 shares of the company’s stock, valued at $37,609,392.69. This represents a 25.20% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 213,838 shares of company stock worth $105,533,836. Insiders own 0.50% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on AMD. JPMorgan Chase & Co. increased their price target on shares of Advanced Micro Devices from $385.00 to $550.00 and gave the company a “neutral” rating in a research report on Wednesday, August 5th. Barclays cut shares of Advanced Micro Devices from an “overweight” rating to an “underweight” rating in a research report on Friday, June 12th. Jefferies Financial Group set a $650.00 price objective on shares of Advanced Micro Devices in a research note on Wednesday, August 5th. Benchmark increased their target price on shares of Advanced Micro Devices from $485.00 to $685.00 and gave the stock a “buy” rating in a report on Wednesday, July 22nd. Finally, Zacks Research cut Advanced Micro Devices from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, September 1st. Three research analysts have rated the stock with a Strong Buy rating, thirty-two have given a Buy rating, ten have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Advanced Micro Devices presently has a consensus rating of “Moderate Buy” and an average price target of $576.88.

Advanced Micro Devices Trading Down 0.5%

Shares of NASDAQ:AMD traded down $3.56 on Wednesday, hitting $645.86. The company had a trading volume of 18,509,442 shares, compared to its average volume of 32,649,955. The firm’s 50-day simple moving average is $519.28 and its two-hundred day simple moving average is $452.34. Advanced Micro Devices, Inc. has a 1 year low of $188.22 and a 1 year high of $658.52. The company has a quick ratio of 1.91, a current ratio of 2.61 and a debt-to-equity ratio of 0.03. The firm has a market capitalization of $1.05 trillion, a price-to-earnings ratio of 166.03, a P/E/G ratio of 6.55 and a beta of 2.45.

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

Advanced Micro Devices News Roundup

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

• Positive Sentiment: Citi raised its AMD price target by 39% to $800 and maintained a Buy rating. Analyst Atif Malik cited Meta’s Muse AI-agent initiative, which could increase demand for CPUs, GPUs, memory and networking. Other analysts have also raised targets, including Mizuho to $705. Citi’s Price Target Boost Lifts AMD Shares
• Positive Sentiment: CEO Lisa Su said AI-chip demand should remain very strong for years and that AMD plans to substantially increase supply in 2027. Her meetings with suppliers in Taiwan and South Korea, including Samsung, are aimed at securing advanced wafers and memory capacity. AMD plans to substantially increase supply
• Positive Sentiment: AMD is pursuing longer-term AI opportunities through an $8.2 billion acquisition of World Labs, while its expanding partnerships with enterprise-server provider Hewlett Packard Enterprise support broader adoption of AMD-powered AI infrastructure. AMD’s physical AI strategy
• Neutral Sentiment: AMD will report fiscal third-quarter 2026 results on November 3. Investors are likely to focus on whether data-center growth, AI-chip shipments and management’s 2027 supply expansion validate the stock’s expectations. AMD earnings announcement
• Negative Sentiment: Valuation is becoming a major concern. AMD has exceeded many analyst targets after a surge of more than 200% over the past year, while its Helios rack-scale systems and next-generation products still need to ship at scale and produce durable cash flow.
• Negative Sentiment: Rising Treasury yields are pressuring high-growth technology stocks, and broader market weakness is weighing on semiconductor shares. Investors are also monitoring potential dilution from warrants granted to Meta and OpenAI, which could cover up to 320 million shares if exercised.

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.