New York, Feb 15, 2026, 10:33 EST — The market is closed.
Advanced Micro Devices Inc finished Friday’s session 0.7% higher at $207.32. The chipmaker heads into the extended U.S. market holiday after investors processed news of insider stock sales and a fresh analyst launch.
U.S. stock markets remain closed Sunday and won’t reopen Monday due to Presidents Day. The next trading session is set for Tuesday.
Tech stocks are in the spotlight again. The S&P 500 managed a modest gain on Friday, but the Nasdaq edged lower following milder inflation numbers. Investors are eyeing the release of Federal Reserve minutes from its Jan. 27-28 meeting, set for Feb. 18.
The Philadelphia Semiconductor Index edged up 0.66% to close at 8,137.86 on Friday. Nvidia shares slipped 2.2%. Intel managed a 0.6% gain.
AMD boss Lisa Su unloaded 125,000 shares on Feb. 11, according to a Form 4, with weighted-average prices ranging from $210.18 up to $219.18. That’s roughly $26.8 million, based on the numbers in the filing. Su’s trades fell under a Rule 10b5-1 plan adopted back on Sept. 9, 2025, which locks in a preset schedule for executive stock sales.
Executive vice president Forrest Norrod exercised options for 8,200 shares at $34.19, then sold 19,450 shares at prices mostly in the $215 to $218 range, according to a separate Form 4. That haul totals about $4.2 million, based on the figures in the filing. The document notes Norrod’s trades were made under a Rule 10b5-1 plan set up on June 6, 2025.
D.A. Davidson’s Gil Luria has kicked off coverage on AMD, assigning a Neutral rating and setting the target price at $220. Luria sees AMD “playing catch-up” in the AI accelerator space, noting that customers “are not buying spec sheets.” According to him, the ability to handle massive AI workloads—spanning tens of thousands of processors—rests more on networking and integration than on sheer chip specs. TipRanks
AI accelerators—processors built for training and running artificial-intelligence models—have been fueling gains for companies offering end-to-end data-center setups. For AMD, it comes down to execution: landing customers, showing clear supply pipelines, plus the software and connectivity pieces that actually let its chips run big workloads.
This dynamic has a flip side. Insider selling, even if scheduled in advance, tends to weigh on sentiment, particularly with valuations so dependent on hefty AI investment ahead. The group is prone to sharp moves whenever demand signals or pricing come under pressure.
Nvidia’s numbers land Feb. 25, and traders are bracing for impact. The report is widely seen as a bellwether for data-center budgets and the appetite for AI chips, with AMD often catching the aftershocks.
