Beese Fulmer Investment Management 13F: New $1.1M Stake in AMD

Beese Fulmer Investment Management opened a new position in Advanced Micro Devices, Inc. (AMD) during the third quarter, purchasing 1,769 shares. The fund revealed the investment in a Form 13F filed with the SEC on October 23, 2026. The newly acquired stake carried a reported value of about $1.08 million at the time of the filing.

AMD Advanced Micro Devices, Inc.

$516.79 ▲ +131.26% year to date

1M 3M YTD

Daily close · Oct 23, 2026

What Changed in Beese Fulmer Investment Management's Advanced Micro Devices, Inc. (AMD) Position

The firm initiated a fresh holding in the semiconductor producer, taking on 1,769 shares without any prior position in the stock.

Other Institutional Activity in Advanced Micro Devices, Inc. (AMD)

Other fund managers adjusted their holdings in the chip maker around the same period. Symphony Financial grew its holdings by 1,797 shares, ending with 8,149 shares worth about $4,935,075 after a 28.3% increase. SBI Securities cut its stake by 1,932 shares or 2.8%, leaving it with 66,708 shares valued at about $40,809,286.

Advanced Micro Devices, Inc. Stock Up 1.7%

Advanced Micro Devices, Inc. (AMD) closed at $516.79 on October 23, 2026, and recently traded around $516.87 as of October 24, 2026. That puts the price right around where it closed on the filing date. The shares sit about 4.6% below their 50-day moving average of $541.60 while staying roughly 29.0% above their 200-year moving average of $400.55. The stock trades 21.5% below its 52-week high of $658.52 and 174.6% above its 52-week low of $188.22.

Recent Earnings

Advanced Micro Devices, Inc. (AMD) posted trailing twelve-month revenue of $41.3 billion alongside earnings of $3.92 per share. The company achieved a net profit margin of 15.6% and a return on equity of 10.2%, while year-over-year revenue growth reached 50.1%. The company's next earnings report is scheduled for November 3, 2026.

Insider Buying and Selling at Advanced Micro Devices, Inc.

Company insiders completed several stock sales prior to the filing date. Chief Financial Officer Jean X Hu sold 15,000 shares on August 25, 2026. Chief Executive Officer Lisa T Su sold 95,000 shares on September 10, 2026, for about $48.15 million. Officer Forrest Eugene Norrod sold 17,261 shares on September 15, 2026, for about $8.68 million, and later sold another 17,262 shares on October 15, 2026, for about $9.33 million.

Analysts Set New Price Targets

Wall Street firms updated their outlooks ahead of the filing. Stifel maintained its buy rating on October 5, 2026, raising its target to $700.00 from $635.00. Citigroup kept a buy rating on October 6, 2026, lifting its target from $575.00 to $800.00. Mizuho maintained an outperform rating on October 6, 2026, moving its target to $705.00 from $580.00. Wedbush reiterated an outperform rating with a $600.00 target on October 20, 2026. Susquehanna maintained a positive rating on October 21, 2026, raising its target to $620.00 from $550.00. The stock currently holds a consensus recommendation of strong buy from 50 analysts with a mean price target of $637.61.

About Advanced Micro Devices, Inc. (AMD)

Advanced Micro Devices, Inc. (AMD) operates as a semiconductor company across international markets, supplying microprocessors and graphics processors. Headquartered in Santa Clara, California, the firm organizes its business into data center, client and gaming, and embedded hardware segments. Institutional interest from managers like Beese Fulmer highlights ongoing portfolio allocations into major chip suppliers as demand for high-performance computing hardware evolves.

Bottom Line

Investors will look to the upcoming earnings release on November 3, 2026, for further updates on financial performance and segment growth. Regulatory filings filed in subsequent quarters will reveal whether the firm maintains or builds upon its new position.