Advanced Micro Devices, Inc. $AMD Stock Position Cut by Great Lakes Retirement Inc.

Posted by Brian Himes on Oct 28th, 2026

Great Lakes Retirement Inc. lessened its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD – Free Report) by 4.3% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 63,393 shares of the semiconductor manufacturer’s stock after selling 2,880 shares during the period. Advanced Micro Devices makes up approximately 3.4% of Great Lakes Retirement Inc.’s holdings, making the stock its 4th biggest holding. Great Lakes Retirement Inc.’s holdings in Advanced Micro Devices were worth $38,782,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. First Citizens Financial Corp lifted its position in shares of Advanced Micro Devices by 3.4% during the third quarter. First Citizens Financial Corp now owns 490 shares of the semiconductor manufacturer’s stock worth $300,000 after purchasing an additional 16 shares during the last quarter. Fearless Solutions LLC dba Best Invest grew its holdings in shares of Advanced Micro Devices by 1.5% in the third quarter. Fearless Solutions LLC dba Best Invest now owns 1,174 shares of the semiconductor manufacturer’s stock worth $718,000 after purchasing an additional 17 shares during the last quarter. Private Client Services LLC grew its holdings in shares of Advanced Micro Devices by 1.7% in the third quarter. Private Client Services LLC now owns 1,079 shares of the semiconductor manufacturer’s stock worth $660,000 after purchasing an additional 18 shares during the last quarter. Box Hill Private Wealth LLC grew its holdings in shares of Advanced Micro Devices by 2.5% in the third quarter. Box Hill Private Wealth LLC now owns 794 shares of the semiconductor manufacturer’s stock worth $486,000 after purchasing an additional 19 shares during the last quarter. Finally, Trust Co of the South increased its stake in Advanced Micro Devices by 1.1% in the 3rd quarter. Trust Co of the South now owns 1,765 shares of the semiconductor manufacturer’s stock worth $1,080,000 after buying an additional 19 shares during the period. Hedge funds and other institutional investors own 71.34% of the company’s stock.

Analyst Ratings Changes

Several research analysts recently commented on the stock. TD Cowen reaffirmed a “buy” rating on shares of Advanced Micro Devices in a research note on Monday, October 19th. Melius Research set a $660.00 price objective on shares of Advanced Micro Devices in a research report on Friday, July 24th. Roth Capital upped their target price on shares of Advanced Micro Devices from $500.00 to $650.00 and gave the stock a “buy” rating in a research note on Friday, July 24th. Mizuho upped their target price on shares of Advanced Micro Devices from $580.00 to $705.00 and gave the stock an “outperform” rating in a research note on Tuesday, October 6th. Finally, Jefferies Financial Group set a $650.00 target price on shares of Advanced Micro Devices in a research report on Wednesday, August 5th. Three analysts have rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Advanced Micro Devices has an average rating of “Moderate Buy” and a consensus target price of $606.76.

View Our Latest Stock Analysis on AMD

Advanced Micro Devices News Roundup

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

Positive Sentiment: Expanded Meta partnership strengthens AMD’s AI growth narrative. AMD will invest $1 billion in Meta’s equity offering, while Meta is testing AMD Helios rack-scale systems, using EPYC processors and deploying Instinct GPUs for AI workloads. The companies also plan to collaborate on future GPUs, networking and software at gigawatt scale. The agreement provides additional visibility into potential hyperscale demand ahead of AMD’s November 3 earnings report. AMD and Meta partnership announcement
Positive Sentiment: Analysts see data-center momentum. Rosenblatt named AMD its top semiconductor pick heading into earnings, citing improving server and AI demand. Susquehanna also reportedly raised its price target to $620 from $550, while a new Vultr cloud region will use a 20-megawatt AMD Instinct MI355X supercluster. Rosenblatt semiconductor picks
Positive Sentiment: Long-term earnings expectations remain bullish. AMD has targeted adjusted EPS above $20 within three to five years of its 2025 analyst day, and CEO Lisa Su has indicated the company expects to significantly exceed that goal. Recent results also showed strong execution, with quarterly revenue up 50.1% year over year and EPS ahead of consensus. AMD long-term earnings outlook
Neutral Sentiment: Meta’s financing creates both opportunity and scrutiny. Meta’s planned equity raise of up to $95 billion is intended to fund AI infrastructure, with AMD, Nvidia and Broadcom participating or expressing interest in buying shares. Investors welcomed the implied customer commitment, but commentators questioned whether supplier investments could represent circular financing rather than purely organic demand. AMD Meta investment report
Neutral Sentiment: Upcoming earnings are a significant near-term catalyst. Options markets imply a potentially large move around the November 3 report, increasing the importance of AMD’s data-center revenue, AI GPU demand and forward guidance.
Negative Sentiment: Valuation and competitive risks remain elevated. Commentary noted that AMD has risen rapidly, trades at a very high earnings multiple and remains substantially smaller than Nvidia in data-center scale and margins. Higher advanced-packaging and wafer costs from TSMC could also pressure AMD’s profitability. AMD valuation and stock information
Negative Sentiment: Insider selling is a sentiment concern. Reported insider activity showed 147 open-market sales and no purchases during the past six months, including substantial sales by senior executives. Such transactions may reflect diversification, but they provide a counterpoint to the bullish AI narrative.

Advanced Micro Devices Trading Up 5.5%

Shares of AMD stock opened at $560.26 on Wednesday. Advanced Micro Devices, Inc. has a twelve month low of $188.22 and a twelve month high of $658.52. The stock has a fifty day simple moving average of $543.70 and a two-hundred day simple moving average of $404.03.

Advanced Micro Devices (NASDAQ:AMD – Get Free Report) last announced its quarterly earnings results on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 EPS for the quarter, beating the consensus estimate of $1.62 by $0.04. The firm had revenue of $11.54 billion for the quarter, compared to analysts’ expectations of $11.31 billion. The business’s quarterly revenue was up 50.1% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.48 EPS. Equities research analysts predict that Advanced Micro Devices, Inc. will post 6.50 earnings per share for the current fiscal year.

Insider Buying and Selling

In other news, EVP Jean X. Hu sold 15,000 shares of the company’s stock in a transaction that occurred on Tuesday, August 25th. The shares were sold at an average price of $474.08, for a total value of $7,111,200.00. Following the completion of the sale, the executive vice president owned 160,979 shares of the company’s stock, valued at approximately $76,316,924.32. This represents a 8.52% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Forrest Norrod sold 17,262 shares of the company’s stock in a transaction that occurred on Thursday, October 15th. The stock was sold at an average price of $540.70, for a total transaction of $9,333,563.40. Following the completion of the sale, the executive vice president directly owned 353,317 shares of the company’s stock, valued at $191,038,501.90. The trade was a 4.66% decrease in their position. 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 231,100 shares of company stock valued at $114,867,400 over the last quarter. 0.50% of the stock is owned by company insiders.

Advanced Micro Devices Profile

(Free Report)

Advanced Micro Devices, Inc (NASDAQ: AMD) is a global semiconductor company that designs high-performance computing, graphics and adaptive computing products. Its offerings serve data centers, personal computers, gaming systems, embedded markets and other specialized applications.

AMD’s product portfolio includes Ryzen processors for desktop and notebook computers, EPYC server processors, Radeon graphics processing units, and Instinct accelerators for artificial intelligence and high-performance computing.