Banque Pictet & Cie SA Has $59.35 Million Stake in Advanced Micro Devices, Inc. $AMD

Banque Pictet & Cie SA grew its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 5.0% in the 3rd quarter, Holdings Channel reports. The fund owned 366,801 shares of the semiconductor manufacturer’s stock after purchasing an additional 17,369 shares during the quarter. Banque Pictet & Cie SA’s holdings in Advanced Micro Devices were worth $59,345,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of AMD. Brighton Jones LLC boosted its stake in Advanced Micro Devices by 178.2% in the 4th quarter. Brighton Jones LLC now owns 45,956 shares of the semiconductor manufacturer’s stock worth $5,551,000 after purchasing an additional 29,438 shares during the period. Revolve Wealth Partners LLC raised its stake in shares of Advanced Micro Devices by 2.9% in the 4th quarter. Revolve Wealth Partners LLC now owns 8,283 shares of the semiconductor manufacturer’s stock valued at $1,001,000 after purchasing an additional 234 shares during the period. Aprio Wealth Management LLC lifted its holdings in shares of Advanced Micro Devices by 45.5% in the first quarter. Aprio Wealth Management LLC now owns 3,217 shares of the semiconductor manufacturer’s stock valued at $331,000 after purchasing an additional 1,006 shares in the last quarter. Alyeska Investment Group L.P. acquired a new position in shares of Advanced Micro Devices during the first quarter worth about $6,012,000. Finally, Advisors Asset Management Inc. grew its holdings in shares of Advanced Micro Devices by 43.9% during the first quarter. Advisors Asset Management Inc. now owns 22,417 shares of the semiconductor manufacturer’s stock worth $2,303,000 after buying an additional 6,841 shares in the last quarter. Institutional investors own 71.34% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have commented on the company. Cowen restated a “buy” rating on shares of Advanced Micro Devices in a research note on Tuesday, December 2nd. Weiss Ratings reissued a “hold (c+)” rating on shares of Advanced Micro Devices in a research report on Monday. Dbs Bank raised shares of Advanced Micro Devices from a “hold” rating to a “moderate buy” rating in a research report on Monday, October 6th. JPMorgan Chase & Co. boosted their price target on shares of Advanced Micro Devices from $180.00 to $270.00 and gave the stock a “neutral” rating in a research report on Wednesday, November 5th. Finally, Deutsche Bank Aktiengesellschaft set a $235.00 price objective on shares of Advanced Micro Devices and gave the stock a “hold” rating in a research note on Tuesday, October 14th. Three research analysts have rated the stock with a Strong Buy rating, twenty-eight have issued a Buy rating and eleven have assigned a Hold rating to the company. According to data from MarketBeat, Advanced Micro Devices presently has an average rating of “Moderate Buy” and an average price target of $277.06.

Advanced Micro Devices Stock Performance

Shares of AMD opened at $214.16 on Friday. The company has a market cap of $348.66 billion, a PE ratio of 106.02, a price-to-earnings-growth ratio of 1.58 and a beta of 1.95. The firm has a 50-day moving average of $226.71 and a 200-day moving average of $188.35. 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 2.31 and a quick ratio of 1.68.

Advanced Micro Devices (NASDAQ:AMD) last issued its earnings results on Tuesday, November 4th. The semiconductor manufacturer reported $1.20 earnings per share (EPS) 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 during the quarter, compared to the consensus estimate of $8.76 billion. During the same period last year, the business posted $0.92 EPS. Advanced Micro Devices’s revenue was up 35.6% on a year-over-year basis. As a group, equities analysts forecast that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current year.

Trending Headlines about Advanced Micro Devices

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

• Positive Sentiment: Large bullish options flow — Whales concentrated call buying across a wide $140–$280 strike range, suggesting some big investors are positioning for upside or a renewed rally. Article Title
• Positive Sentiment: Bullish AI thesis — Multiple pieces argue AMD is set to take share from Nvidia with new datacenter GPUs (MI350/MI450) and rack-scale improvements; analysts and commentators see a potentially large revenue ramp in 2026 if product ramps meet demand. Article Title
• Positive Sentiment: High-conviction AI stock picks include AMD — Motley Fool lists AMD among AI names with multi-year upside, citing CoreWeave demand and AMD’s growing competitive position versus Nvidia. Article Title
• Positive Sentiment: Institutional endorsement — Coverage of David Tepper’s sizable AMD purchase reinforces demand from a major hedge fund and supports the narrative of continued institutional accumulation. Article Title
• Neutral Sentiment: Long-term performance piece — Retrospective articles about 10‑year returns highlight AMD’s strong historical gains, useful for narrative context but not a near-term catalyst. Article Title
• Neutral Sentiment: Cross-market chart analogy — A crypto analyst compared Dogecoin’s setup to AMD’s past technical pattern; interesting technically but unlikely to move AMD shares materially. Article Title
• Neutral Sentiment: Unrelated “AMD” noise — A flurry of headlines about Outlook Therapeutics and a CRL for a wet-AMD (medical) drug can create ticker-search noise but is unrelated to Advanced Micro Devices’ business. Article Title
• Negative Sentiment: Valuation and “not at any price” warnings — Some analysts caution AMD can win share but that investors must be selective on price; stretched multiples after 2025’s rally raise the risk of further profit-taking if execution or margins slip. Article Title

Insiders Place Their Bets

In other news, EVP Forrest Eugene Norrod sold 19,450 shares of the firm’s stock in a transaction that occurred on 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 directly owned 300,348 shares of the company’s stock, valued at $68,890,820.76. This trade represents a 6.08% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, EVP Mark D. Papermaster sold 17,108 shares of Advanced Micro Devices stock in a transaction that occurred on 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 transaction, the executive vice president owned 1,714,505 shares of the company’s stock, valued at $411,686,940.60. This represents a 0.99% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 181,226 shares of company stock worth $39,877,820 over the last ninety days. 0.06% of the stock is currently owned by corporate 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.