Advanced Micro Devices, Inc. $AMD Shares Sold by Wesbanco Bank Inc.

Wesbanco Bank Inc. decreased its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 13.0% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 162,578 shares of the semiconductor manufacturer’s stock after selling 24,400 shares during the period. Advanced Micro Devices makes up approximately 0.7% of Wesbanco Bank Inc.’s investment portfolio, making the stock its 27th largest holding. Wesbanco Bank Inc.’s holdings in Advanced Micro Devices were worth $26,304,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of AMD. Waterfront Wealth Inc. bought a new position in Advanced Micro Devices during the second quarter worth $1,145,000. Global Retirement Partners LLC acquired a new stake in shares of Advanced Micro Devices during the 2nd quarter worth about $4,519,000. Cornercap Investment Counsel Inc. boosted its holdings in shares of Advanced Micro Devices by 43.3% during the 2nd quarter. Cornercap Investment Counsel Inc. now owns 12,245 shares of the semiconductor manufacturer’s stock worth $1,738,000 after buying an additional 3,702 shares during the period. Swiss National Bank grew its stake in 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 buying an additional 341,000 shares during the last quarter. Finally, New York State Common Retirement Fund raised its holdings in Advanced Micro Devices by 8.4% in the 2nd quarter. New York State Common Retirement Fund now owns 2,239,239 shares of the semiconductor manufacturer’s stock valued at $317,748,000 after acquiring an additional 172,745 shares during the period. 71.34% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on AMD. Mizuho upped their target price on Advanced Micro Devices from $275.00 to $285.00 and gave the company an “outperform” rating in a research report on Wednesday, November 12th. Deutsche Bank Aktiengesellschaft set a $235.00 price target on Advanced Micro Devices and gave the company a “hold” rating in a research note on Tuesday, October 14th. UBS Group set a $310.00 price objective on Advanced Micro Devices in a research report on Wednesday, February 4th. Weiss Ratings reissued a “hold (c+)” rating on shares of Advanced Micro Devices in a research report on Monday, December 29th. Finally, Wolfe Research set a $300.00 price target on shares of Advanced Micro Devices and gave the stock an “outperform” rating in a research report on Tuesday, October 14th. Twenty-nine research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. According to data from MarketBeat, Advanced Micro Devices has an average rating of “Moderate Buy” and an average price target of $290.11.

Trending Headlines about Advanced Micro Devices

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

• Positive Sentiment: Investor bullishness after the strong quarterly report and post‑earnings commentary — some market participants say they’re buying on the pullback, citing AMD’s beat and revenue upside. AMD: Why I’m Buying Post-Earnings
• Positive Sentiment: Analyst sentiment and price‑target optimism: coverage from TipRanks and Northland highlights upside potential and strong Q1/Q2 estimates, supporting the rally. AMD Stock Has Strong Potential In 2026 Despite an Early Setback Northland Securities Has Strong Forecast for AMD Q1 Earnings
• Positive Sentiment: Commercial demand signal: OVHcloud’s new Bare Metal 2026 servers use AMD’s latest processors — a concrete cloud customer win that supports data‑center demand for EPYC/Milan‑generation CPUs. OVHcloud unveils Bare Metal 2026 line-up powered by the latest AMD processors
• Positive Sentiment: Management hire: AMD appointed Ariel Kelman as Senior VP & Chief Marketing Officer, strengthening go‑to‑market, brand and developer relations ahead of product ramps. AMD Hires Ariel Kelman as Chief Marketing Officer
• Neutral Sentiment: Broad market attention: Zacks and other outlets note AMD is a focus stock this week — increased attention can amplify moves but is directionally neutral until earnings/guidance confirm trends. Advanced Micro Devices, Inc. (AMD) is Attracting Investor Attention
• Negative Sentiment: Valuation & growth concerns: coverage from The Motley Fool and others flags a slowing growth rate and high valuation versus expectations — a core reason for recent volatility and a cap on multiple expansion. AMD’s Growth Rate is Declining. Should Investors Be Worried?
• Negative Sentiment: Competitive risk: Intel’s renewed AI GPU push and hires of ex‑AMD talent highlight intensifying competition in AI/data‑center chips — a potential headwind for AMD’s market share in inference/infrastructure. Intel Stock Is Priced for Ruin, But the AI Offensive Is Here (AMD)

Advanced Micro Devices Stock Up 3.6%

Shares of AMD opened at $216.00 on Tuesday. The firm has a 50 day simple moving average of $221.85 and a two-hundred day simple moving average of $205.27. The company has a market cap of $352.17 billion, a P/E ratio of 81.51, a P/E/G ratio of 0.79 and a beta of 1.94. 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 2.85 and a quick ratio of 2.01.

Advanced Micro Devices (NASDAQ:AMD) last posted its quarterly earnings results on Tuesday, February 3rd. The semiconductor manufacturer reported $1.53 EPS for the quarter, topping analysts’ consensus estimates of $1.32 by $0.21. The company had revenue of $10.27 billion during the quarter, compared to analysts’ expectations of $9.65 billion. Advanced Micro Devices had a return on equity of 8.84% and a net margin of 12.52%.Advanced Micro Devices’s revenue was up 34.1% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.09 EPS. Research analysts forecast that Advanced Micro Devices, Inc. will post 3.87 EPS for the current fiscal year.

Insider Activity at Advanced Micro Devices

In other Advanced Micro Devices news, CEO Lisa T. Su sold 125,000 shares of the business’s 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 sale, the chief executive officer owned 3,277,476 shares of the company’s stock, valued at approximately $705,116,186.64. The trade was a 3.67% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, EVP Mark D. Papermaster sold 17,108 shares of the stock in a transaction on 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 owned 1,714,505 shares of the company’s stock, valued at $411,686,940.60. The trade was a 0.99% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 164,000 shares of company stock valued at $36,034,173. Company insiders own 0.06% of the company’s stock.

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.