Oregon Public Employees Retirement Fund Raises Position in Advanced Micro Devices, Inc. $AMD

09 Jan 2026, 09:16 by Amy Steele · The Cerbat Gem

Oregon Public Employees Retirement Fund raised its stake in Advanced Micro Devices, Inc. (NASDAQ:AMD – Free Report) by 32.3% in the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 185,478 shares of the semiconductor manufacturer’s stock after purchasing an additional 45,242 shares during the quarter. Oregon Public Employees Retirement Fund’s holdings in Advanced Micro Devices were worth $30,008,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Norges Bank purchased a new stake in shares of Advanced Micro Devices during the second quarter worth about $3,094,662,000. Kingstone Capital Partners Texas LLC bought a new position in Advanced Micro Devices during the 2nd quarter valued at approximately $958,422,000. Rafferty Asset Management LLC raised its position in 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 valued at $961,078,000 after purchasing an additional 2,430,533 shares during the last quarter. Vanguard Group Inc. lifted its holdings in Advanced Micro Devices by 1.5% in 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 period. Finally, Viking Global Investors LP bought a new stake in shares of Advanced Micro Devices in the 2nd quarter worth approximately $271,110,000. Institutional investors own 71.34% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have issued reports on AMD shares. Deutsche Bank Aktiengesellschaft set a $235.00 price objective on shares of Advanced Micro Devices and gave the company a “hold” rating in a research report on Tuesday, October 14th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Advanced Micro Devices in a research report on Monday, December 29th. KGI Securities set a $260.00 price objective on shares of Advanced Micro Devices and gave the stock an “outperform” rating in a report on Monday, October 13th. Benchmark lifted their price objective on Advanced Micro Devices from $270.00 to $325.00 and gave the company a “buy” rating in a research report on Wednesday, November 5th. Finally, Susquehanna reissued a “positive” rating and issued a $300.00 target price on shares of Advanced Micro Devices in a research report on Friday, October 31st. Three research analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating and eleven have assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $277.06.

View Our Latest Analysis on Advanced Micro Devices

Advanced Micro Devices Trading Down 2.5%

NASDAQ:AMD opened at $204.68 on Friday. The company has a market cap of $333.23 billion, a PE ratio of 101.33, a price-to-earnings-growth ratio of 0.89 and a beta of 1.95. The company has a current ratio of 2.31, a quick ratio of 1.68 and a debt-to-equity ratio of 0.04. The company has a 50 day simple moving average of $222.39 and a two-hundred day simple moving average of $191.39. Advanced Micro Devices, Inc. has a 12 month low of $76.48 and a 12 month high of $267.08.

Advanced Micro Devices (NASDAQ:AMD – Get Free Report) last released its quarterly earnings results on Tuesday, November 4th. The semiconductor manufacturer reported $1.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.17 by $0.03. The firm had revenue of $9.25 billion for the quarter, compared to the consensus estimate of $8.76 billion. Advanced Micro Devices had a return on equity of 8.04% and a net margin of 10.32%.The company’s revenue for the quarter was up 35.6% on a year-over-year basis. During the same period last year, the business posted $0.92 EPS. Research analysts forecast that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current year.

More Advanced Micro Devices News

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

Positive Sentiment: CES product push: AMD unveiled new AI data‑center accelerators and rack-scale Helios platforms (MI450, MI440X, MI455, Helios) and emphasized strong AI demand in prepared remarks — supports the long‑term growth thesis around AI infrastructure. Advanced Micro Devices, Inc. (AMD) Presents at CES 2026 Prepared Remarks Transcript
Positive Sentiment: Partner momentum: A GlobeNewswire report highlights a KunlunMeta partnership showcased at CES, signaling ecosystem adoption and potential OEM/solution‑partner pathways in China and globally. KunlunMeta Partners with AMD to Shine at CES
Neutral Sentiment: Analyst/industry debate: Multiple pieces compare AMD with peers (Broadcom, Nvidia, Intel) and re‑rate the competitive landscape — useful context but not an immediate catalyst. Battle Royale: AMD vs. Broadcom. Only One Can Make You Rich.
Neutral Sentiment: Valuation discussion: Several analyses revisit AMD’s P/E and long‑term upside vs. peers — supports either accumulation or caution depending on investor time horizon. Is Advanced Micro Devices (AMD) Still Attractive After Recent Pullback And Lofty P/E Ratio?
Negative Sentiment: Profit‑taking and market disappointment: Coverage says the stock dipped after CES as some investors viewed the announcements as underwhelming relative to expectations and rotated out after a large 2025 rally. Why is AMD stock plunging sharply on Thursday?
Negative Sentiment: Sentiment/insider concerns: Social and data summaries highlight mixed online reactions and extensive insider selling, which can amplify near‑term downside and investor caution. Advanced Micro Devices Stock (AMD) Opinions on CES 2026 Announcements
Negative Sentiment: Technical/valuation warning signs: Analysts and technical commentators note a risky chart pattern and valuation concerns that could prolong volatility. AMD stock price forms a risky pattern amid valuation concerns

Insider Transactions at Advanced Micro Devices

In related news, EVP Mark D. Papermaster sold 17,108 shares of the firm’s stock in a transaction that occurred 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 transaction, the executive vice president owned 1,714,505 shares of the company’s stock, valued at approximately $411,686,940.60. This trade represents a 0.99% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, CEO Lisa T. Su sold 125,000 shares of the business’s stock in a transaction that occurred 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 $705,116,186.64. This trade represents a 3.67% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 178,358 shares of company stock worth $39,229,623 in the last quarter. Company insiders own 0.06% of the company’s stock.

About Advanced Micro Devices

(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.