Cornerstone Wealth Group LLC Purchases 7,679 Shares of Advanced Micro Devices, Inc. $AMD

Cornerstone Wealth Group LLC raised its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 145.6% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 12,952 shares of the semiconductor manufacturer’s stock after acquiring an additional 7,679 shares during the quarter. Cornerstone Wealth Group LLC’s holdings in Advanced Micro Devices were worth $2,095,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Norges Bank acquired a new position in Advanced Micro Devices during the second quarter worth $3,094,662,000. Nordea Investment Management AB lifted its position in Advanced Micro Devices by 203.7% during the 3rd quarter. Nordea Investment Management AB now owns 3,905,148 shares of the semiconductor manufacturer’s stock worth $631,892,000 after buying an additional 2,619,294 shares in the last quarter. Rafferty Asset Management LLC boosted its stake in shares of Advanced Micro Devices by 56.0% during the 2nd quarter. Rafferty Asset Management LLC now owns 6,772,923 shares of the semiconductor manufacturer’s stock worth $961,078,000 after buying an additional 2,430,533 shares during the last quarter. Vanguard Group Inc. boosted its stake in shares of Advanced Micro Devices by 1.5% during the 2nd quarter. Vanguard Group Inc. now owns 154,648,859 shares of the semiconductor manufacturer’s stock worth $21,944,673,000 after buying an additional 2,281,508 shares during the last quarter. Finally, Viking Global Investors LP bought a new position in shares of Advanced Micro Devices in the 2nd quarter valued at about $271,110,000. 71.34% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Advanced Micro Devices

In related news, EVP Mark D. Papermaster sold 17,108 shares of the business’s stock in a transaction 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 completion of the sale, the executive vice president directly owned 1,714,505 shares in the company, valued at $411,686,940.60. The trade was a 0.99% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, SVP Ava Hahn sold 2,442 shares of the stock in a transaction on Friday, January 16th. The stock was sold at an average price of $234.42, for a total value of $572,453.64. Following the transaction, the senior vice president owned 16,359 shares in the company, valued at $3,834,876.78. The trade was a 12.99% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders have sold 164,000 shares of company stock worth $36,034,173. Insiders own 0.06% of the company’s stock.

Advanced Micro Devices Price Performance

Shares of AMD opened at $231.92 on Wednesday. The company’s 50-day moving average is $218.47 and its 200-day moving average is $196.82. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.31 and a quick ratio of 1.68. The firm has a market capitalization of $377.58 billion, a PE ratio of 114.81, a PEG ratio of 0.97 and a beta of 1.95. Advanced Micro Devices, Inc. has a fifty-two week low of $76.48 and a fifty-two week high of $267.08.

Advanced Micro Devices (NASDAQ:AMD) last announced its earnings results on Tuesday, November 4th. The semiconductor manufacturer reported $1.20 EPS for the quarter, topping the consensus estimate of $1.17 by $0.03. The business had revenue of $9.25 billion during the quarter, compared to the consensus estimate of $8.76 billion. Advanced Micro Devices had a net margin of 10.32% and a return on equity of 8.04%. Advanced Micro Devices’s revenue was up 35.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.92 EPS. Equities analysts forecast that Advanced Micro Devices, Inc. will post 3.87 EPS for the current year.

Key Headlines Impacting Advanced Micro Devices

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

• Positive Sentiment: Reports that Meta will buy more AI chips from AMD lifted bullish expectations for near-term data-center demand and revenue upside. AMD stock jumps on reports of an AI chip deal with Meta
• Positive Sentiment: Riot Platforms disclosed a multi‑year lease with AMD at its Rockdale, TX site (initial 25 MW, option to 200 MW), implying multi‑hundred‑million dollars in potential contract revenue and validating AMD’s need for dedicated data‑center capacity. This is read as tangible revenue/infra support for AMD’s data‑center roadmap. Riot Platforms: A $311M AMD Deal Changes the HPC Game
• Positive Sentiment: AMD added former Accenture CFO KC McClure to its board, strengthening financial oversight and signaling governance support as the company scales AI and data‑center investments. That appointment reduces execution/governance risk in investors’ view. AMD Appoints KC McClure to Board of Directors
• Positive Sentiment: Wall Street bullishness persists (notably Wells Fargo and several boutiques raising targets and reiterating Overweight/Outperform views), supporting upside expectations ahead of Q4 results and the MI450 GPU ramp. Why Wells Fargo Calls AMD a Top AI Pick for 2026
• Neutral Sentiment: Market commentary (Fool/MarketBeat/Forbes) frames 2026 as a potential turnaround year if MI450 execution and data‑center deals scale — bullish narrative but still dependent on execution and guidance in upcoming earnings. AMD’s AI Comeback: Why 2026 Could Be the Turnaround Year
• Negative Sentiment: Insider selling has accelerated (recent Form 4 / Form 144 filings and a disclosed sale by SVP Ava Hahn), which can spook some investors ahead of earnings despite the company’s broader positive narrative. SEC Form 4 disclosure
• Negative Sentiment: Policy/headline risk: a reported 25% tariff on certain MI325x chip imports could pressure gross margins or order timing for some SKUs if enacted or broadened — a macro/regulatory downside to watch. Tariff coverage on MI325x chips
• Negative Sentiment: Some analysts remain cautious or have trimmed ratings, warning that valuation already reflects significant AI/data‑center upside — caution ahead of AMD’s Feb. earnings/guidance release. Analyst caution on AMD valuation

Analyst Upgrades and Downgrades

Several research firms recently issued reports on AMD. JPMorgan Chase & Co. upped their target price on Advanced Micro Devices from $180.00 to $270.00 and gave the stock a “neutral” rating in a report on Wednesday, November 5th. The Goldman Sachs Group upped their price objective on Advanced Micro Devices from $150.00 to $210.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 8th. Weiss Ratings reissued a “hold (c+)” rating on shares of Advanced Micro Devices in a report on Monday, December 29th. Cantor Fitzgerald set a $300.00 target price on shares of Advanced Micro Devices in a report on Tuesday, December 16th. Finally, Evercore ISI increased their price target on shares of Advanced Micro Devices from $270.00 to $283.00 and gave the company an “outperform” rating in a research note on Wednesday, November 12th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and twelve have assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $276.16.

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.