Chase Investment Counsel Corp Sells 8,567 Shares of Advanced Micro Devices, Inc. $AMD

Posted by Stanley Muller on Jul 22nd, 2026

Chase Investment Counsel Corp decreased its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD – Free Report) by 23.0% in the first quarter, HoldingsChannel.com reports. The fund owned 28,739 shares of the semiconductor manufacturer’s stock after selling 8,567 shares during the period. Advanced Micro Devices comprises about 1.5% of Chase Investment Counsel Corp’s portfolio, making the stock its 22nd largest holding. Chase Investment Counsel Corp’s holdings in Advanced Micro Devices were worth $5,846,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the stock. Phillip James Consulting Co. purchased a new position in Advanced Micro Devices during the 1st quarter valued at $103,000. Fortis Capital Management LLC raised its holdings in Advanced Micro Devices by 2.8% in the 1st quarter. Fortis Capital Management LLC now owns 53,236 shares of the semiconductor manufacturer’s stock worth $10,830,000 after purchasing an additional 1,430 shares in the last quarter. CacheTech Inc. lifted its position in shares of Advanced Micro Devices by 6.0% in the 1st quarter. CacheTech Inc. now owns 19,605 shares of the semiconductor manufacturer’s stock worth $3,988,000 after purchasing an additional 1,102 shares during the period. Telligent Fund LP purchased a new stake in shares of Advanced Micro Devices in the 1st quarter worth about $1,627,000. Finally, Clal Insurance Enterprises Holdings Ltd boosted its stake in shares of Advanced Micro Devices by 12.8% during the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 212 shares of the semiconductor manufacturer’s stock valued at $43,000 after purchasing an additional 24 shares in the last quarter. Institutional investors own 71.34% of the company’s stock.

Insiders Place Their Bets

In related news, CEO Lisa T. Su sold 125,000 shares of the company’s stock in a transaction that occurred on Wednesday, June 10th. The stock was sold at an average price of $460.69, for a total value of $57,586,250.00. Following the transaction, the chief executive officer directly owned 2,896,899 shares of the company’s stock, valued at approximately $1,334,572,400.31. This represents a 4.14% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Mark D. Papermaster sold 31,320 shares of the stock in a transaction on Friday, April 24th. The shares were sold at an average price of $350.00, for a total value of $10,962,000.00. Following the sale, the executive vice president owned 1,236,037 shares in the company, valued at approximately $432,612,950. This represents a 2.47% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 341,630 shares of company stock worth $152,147,456 in the last three months. Corporate insiders own 0.50% of the company’s stock.

Key Stories Impacting Advanced Micro Devices

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

Positive Sentiment: AMD’s expanded partnership with Microsoft is the biggest near-term driver. Microsoft said it will deploy AMD’s Helios rack-scale AI systems across Azure, which boosts AMD’s credibility in AI infrastructure and signals potential multi-year revenue from cloud data centers. Article Title
Positive Sentiment: Investors are also positioning ahead of AMD’s upcoming Advancing AI 2026 event, where the company is expected to unveil new AI products, customer wins, and roadmap details that could further strengthen the bull case. Article Title
Positive Sentiment: Several analysts raised price targets or reiterated constructive views on AMD, pointing to stronger AI demand, better chip outlooks, and expanding hyperscaler deals. Article Title
Positive Sentiment: Broader semiconductor strength is also helping sentiment, with chip stocks rebounding across the sector and AMD participating in the rally alongside peers like Micron and Intel. Article Title
Neutral Sentiment: Some commentary notes that AMD’s valuation is already elevated, so the stock may need continued execution and additional AI wins to justify further upside. Article Title
Negative Sentiment: A few articles highlight risk that insider selling and a premium valuation could cap gains if the AI rollout disappoints or momentum cools. Article Title

Analysts Set New Price Targets

Several equities analysts recently issued reports on the stock. Erste Group Bank upgraded shares of Advanced Micro Devices from a “hold” rating to a “buy” rating in a research report on Thursday, April 2nd. Citigroup lowered shares of Advanced Micro Devices from a “buy” rating to a “market perform” rating in a report on Friday, June 12th. Stifel Nicolaus lifted their price objective on Advanced Micro Devices from $450.00 to $635.00 and gave the company a “buy” rating in a research report on Friday, July 10th. KeyCorp upped their target price on Advanced Micro Devices from $530.00 to $725.00 and gave the stock an “overweight” rating in a report on Tuesday, July 14th. Finally, Barclays lowered Advanced Micro Devices from an “overweight” rating to an “underweight” rating in a research report on Friday, June 12th. Two analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $468.65.

Get Our Latest Analysis on Advanced Micro Devices

Advanced Micro Devices Stock Up 8.1%

Shares of Advanced Micro Devices stock opened at $544.43 on Wednesday. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.96 and a current ratio of 2.72. The stock has a market capitalization of $887.75 billion, a PE ratio of 178.50, a price-to-earnings-growth ratio of 1.46 and a beta of 2.47. Advanced Micro Devices, Inc. has a 52-week low of $149.22 and a 52-week high of $584.73. The company has a 50-day simple moving average of $506.71 and a two-hundred day simple moving average of $334.80.

Advanced Micro Devices (NASDAQ:AMD – Get Free Report) last posted its quarterly earnings results on Tuesday, May 5th. The semiconductor manufacturer reported $1.37 EPS for the quarter, beating analysts’ consensus estimates of $1.29 by $0.08. The firm had revenue of $10.25 billion for the quarter, compared to analysts’ expectations of $9.90 billion. Advanced Micro Devices had a net margin of 13.37% and a return on equity of 9.55%. The business’s revenue for the quarter was up 37.8% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.96 earnings per share. On average, analysts anticipate that Advanced Micro Devices, Inc. will post 6.25 EPS for the current fiscal year.

Advanced Micro Devices Profile

(Free Report)

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.