Perigon Wealth Management 13F: Cuts AMD Stake by $4.8M

Perigon Wealth Management reduced its holdings in Advanced Micro Devices, Inc. AMD by 7,912 shares during the period, according to a Form 13F filing with the SEC on October 22, 2026. The move cut the firm's position by 17.3%, leaving it with 37,800 shares valued at approximately $23.1 million at the close of the period, down from its previous total of 45,712 shares.

AMD Advanced Micro Devices, Inc.

$504.80 ▲ +125.89% year to date

1M 3M YTD

Daily close · Oct 22, 2026

What Changed in Perigon Wealth Management's Advanced Micro Devices, Inc. Position

The fund pared back its exposure to the semiconductor designer by 7,912 shares, marking a 17.3% decrease from its prior holdings. Perigon Wealth Management ended the period with 37,800 shares of Advanced Micro Devices, Inc., with the reported value totaling $23.1 million.

Other Institutional Activity in Advanced Micro Devices, Inc.

Other institutional investors made adjustments to their AMD holdings during the period. Midwest Trust lowered its stake by 50.4% to 7,608 shares worth about $4.65 million. Root Financial Partners grew its holdings by 2,210 shares, ending with 8,805 shares worth about $5.39 million. E. Ohman J:or Asset Management grew its holdings by 81,640 shares, ending with 139,164 shares worth about $85.1 million. SBI Securities reduced its stake by 1,932 shares, ending with 66,708 shares worth about $40.8 million. Symphony Financial grew its holdings by 1,797 shares, ending with 8,149 shares worth about $4.94 million.

Advanced Micro Devices, Inc. Stock Down 5.0%

Advanced Micro Devices, Inc. closed at $507.93 on October 22, 2026, and recently traded around $507.76 on October 23, 2026. The stock sits 22.9% below its 52-week high of $658.52 and well above its 52-week low of $188.22.

Recent Earnings

Advanced Micro Devices, Inc. generated trailing-twelve-month revenue of $41.3 billion and earnings of $3.92 per share, with a net profit margin of 15.6% and a return on equity of 10.2%. The company operates across data center, client and gaming, and embedded segments, with its next earnings report scheduled for November 3, 2026.

Dividend

The company does not pay a dividend, maintaining a dividend payout ratio of 0.0% and a dividend yield of 0.0% as it reinvests its earnings into chip design and technology development.

Insider Buying and Selling at Advanced Micro Devices, Inc.

Company insiders have completed several share sales in recent months. Chief Financial Officer Jean X Hu sold 15,000 shares on August 25, 2026, for a total of $7.1 million. Chief Executive Officer Lisa T Su sold 95,000 shares on September 10, 2026, for $48,145,666. Officer Forrest Eugene Norrod sold 17,261 shares on September 15, 2026, for $8,683,156, and later sold another 17,262 shares on October 15, 2026, for $9,333,585.

Analysts Set New Price Targets

Wall Street firms have updated their outlooks on the stock in recent weeks. On October 5, 2026, Stifel maintained its buy rating and raised its target from $635.00 to $700.00. Citigroup maintained a buy rating on October 6, 2026, lifting its target to $800.00 from $575.00. Mizuho maintained an outperform rating on October 6, 2026, moving its target from $580.00 to $705.00. 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 strong buy consensus and a mean price target of $637.61 across 50 analyst opinions.

About Advanced Micro Devices, Inc.

Advanced Micro Devices, Inc. designs and sells microprocessors, graphics processors, and motherboard chipsets for personal computers, servers, and embedded systems worldwide.

Bottom Line

Investors will watch the upcoming earnings release on November 3, 2026, for further clues on demand across the company's hardware segments. Additional institutional filings and insider transactions will provide more context on market sentiment.