Assetmark Inc. Buys 51,689 Shares of Advanced Micro Devices, Inc. $AMD

NodeGuardian · 2026-02-14T09:51:50+00:00

Assetmark Inc. boosted its AMD shares by 51,689, totaling 183,528 shares valued at $29.7 million. AMD exceeded earnings expectations with robust quarterly results, prompting analysts to retain a "Moderate Buy" rating amid positive outlook for its data center chips.

NodeGuardian

2026-02-14 09:51:50

Abstract generation in progress

Assetmark Inc. significantly increased its stake in Advanced Micro Devices (AMD) during Q3, purchasing 51,689 additional shares, bringing its total to 183,528 shares valued at approximately $29.7 million. This comes as AMD reported strong quarterly results, exceeding analyst expectations with EPS of $1.53 and revenue of $10.27 billion, representing a 34.1% year-over-year increase. Despite some insider selling from executives, analysts maintain a “Moderate Buy” rating for AMD with an average price target of $288.17, driven by positive sentiment around its data center chips and market share gains against Intel.

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