Andra AP fonden Trims Stock Position in Advanced Micro Devices, Inc. $AMD

Andra AP fonden cut its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 41.3% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 185,688 shares of the semiconductor manufacturer’s stock after selling 130,500 shares during the quarter. Advanced Micro Devices comprises approximately 1.2% of Andra AP fonden’s investment portfolio, making the stock its 13th biggest position. Andra AP fonden’s holdings in Advanced Micro Devices were worth $107,868,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Sarver Vrooman Wealth Advisors acquired a new position in Advanced Micro Devices during the 4th quarter worth approximately $27,000. Cornerstone Financial Management LLC purchased a new stake in shares of Advanced Micro Devices in the fourth quarter valued at approximately $27,000. Basepoint Wealth LLC acquired a new position in Advanced Micro Devices during the fourth quarter worth $30,000. JNBA Financial Advisors raised its position in Advanced Micro Devices by 142.9% in the second quarter. JNBA Financial Advisors now owns 51 shares of the semiconductor manufacturer’s stock worth $30,000 after acquiring an additional 30 shares in the last quarter. Finally, Graney & King LLC acquired a new stake in Advanced Micro Devices in the first quarter valued at $31,000. 71.34% of the stock is currently owned by hedge funds and other institutional investors.

More Advanced Micro Devices News

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

• Positive Sentiment: Investors are increasingly optimistic about AMD’s role in AI infrastructure. OpenAI reportedly agreed to deploy up to six gigawatts of AMD systems, while Oracle reportedly ordered 50,000 next-generation MI450 accelerators. Management has also indicated that data-center revenue could potentially double by 2027. AMD reaches $1 trillion valuation on AI demand
• Positive Sentiment: Recent operating momentum supports the bullish narrative: quarterly revenue rose 50.1% year over year to $11.54 billion, earnings exceeded estimates, and data-center revenue reportedly more than doubled. Reports that AMD may adopt GDDR7 memory for its Radeon GPUs could further improve its competitive position in graphics. AMD stock rises on GDDR7 reports
• Positive Sentiment: A reported 10% price increase on select high-performance chips suggests strong demand and potential pricing power, which could help offset higher manufacturing costs and support margins. Analysts remain broadly constructive, with some price targets above the current trading range. AMD considers chip price increase
• Neutral Sentiment: AMD’s milestone reflects broader technology strength: the Nasdaq reached a record level as falling oil prices and Treasury yields improved sentiment toward growth stocks and semiconductors. However, the rally has made AMD one of the market’s most closely watched and volatile mega-cap stocks.
• Negative Sentiment: After the previous session’s powerful advance, AMD shares pulled back as traders locked in gains. Technical commentary describes the stock as overbought, while some analysts argue that its valuation—at roughly 159 times earnings and more than 5 times PEG—leaves little room for execution missteps. Why AMD stock is falling after Monday’s surge
• Negative Sentiment: Insider-trading data shows extensive selling and no reported open-market purchases over the past six months, including sales by CEO Lisa Su and other executives. This may reinforce concerns about elevated valuation, although insider sales can also reflect scheduled diversification rather than a negative business outlook.

Insider Activity at Advanced Micro Devices

In related news, EVP Jean X. Hu sold 15,000 shares of the company’s stock in a transaction that occurred on Tuesday, August 25th. The shares were sold at an average price of $474.08, for a total transaction of $7,111,200.00. Following the completion of the transaction, the executive vice president owned 160,979 shares of the company’s stock, valued at approximately $76,316,924.32. This represents a 8.52% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Lisa T. Su sold 70,000 shares of the stock in a transaction that occurred on Thursday, September 10th. The stock was sold at an average price of $506.80, for a total transaction of $35,476,000.00. Following the transaction, the chief executive officer directly owned 3,032,156 shares in the company, valued at approximately $1,536,696,660.80. This represents a 2.26% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders have sold 213,838 shares of company stock worth $105,533,836. Corporate insiders own 0.50% of the company’s stock.

Advanced Micro Devices Trading Up 0.2%

AMD stock traded up $1.33 during midday trading on Tuesday, hitting $616.85. The stock had a trading volume of 15,430,841 shares, compared to its average volume of 33,410,160. The company’s 50-day moving average price is $495.87 and its 200 day moving average price is $419.46. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.61 and a quick ratio of 1.91. The firm has a market cap of $1.01 trillion, a PE ratio of 158.51, a price-to-earnings-growth ratio of 5.81 and a beta of 2.48. Advanced Micro Devices, Inc. has a 12-month low of $154.78 and a 12-month high of $622.00.

Advanced Micro Devices (NASDAQ:AMD) last posted its quarterly earnings data on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.62 by $0.04. The business had revenue of $11.54 billion for the quarter, compared to analysts’ expectations of $11.31 billion. Advanced Micro Devices had a return on equity of 12.30% and a net margin of 15.58%.The business’s revenue was up 50.1% on a year-over-year basis. During the same quarter last year, the firm earned $0.48 earnings per share. On average, equities research analysts predict that Advanced Micro Devices, Inc. will post 6.43 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the stock. JPMorgan Chase & Co. raised their price objective on shares of Advanced Micro Devices from $385.00 to $550.00 and gave the company a “neutral” rating in a research note on Wednesday, August 5th. Benchmark lifted their price target on shares of Advanced Micro Devices from $485.00 to $685.00 and gave the company a “buy” rating in a research report on Wednesday, July 22nd. Zacks Research lowered Advanced Micro Devices from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, September 1st. Cantor Fitzgerald restated an “overweight” rating and issued a $700.00 price target on shares of Advanced Micro Devices in a report on Wednesday, August 5th. Finally, Morgan Stanley lifted their price objective on Advanced Micro Devices from $410.00 to $465.00 and gave the stock an “equal weight” rating in a report on Wednesday, August 5th. Three investment analysts have rated the stock with a Strong Buy rating, thirty-three have given a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $565.12.

About Advanced Micro Devices

Advanced Micro Devices, Inc (NASDAQ: AMD) is a semiconductor company that designs high-performance computing, graphics and adaptive-processing products. Its portfolio includes central processing units (CPUs), graphics processing units (GPUs), accelerated processing units (APUs), field-programmable gate arrays (FPGAs) and adaptive system-on-chip products.

AMD serves customers across data centers, cloud computing, personal computers, gaming consoles, embedded systems and industrial applications.