Andra AP fonden Sells 130,500 Shares of Advanced Micro Devices, Inc. $AMD

Andra AP fonden reduced its stake in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 41.3% during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 185,688 shares of the semiconductor manufacturer’s stock after selling 130,500 shares during the period. Advanced Micro Devices makes up 1.2% of Andra AP fonden’s 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 filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. BlackRock Inc. increased its holdings in Advanced Micro Devices by 3.1% in the 2nd quarter. BlackRock Inc. now owns 150,301,510 shares of the semiconductor manufacturer’s stock worth $87,311,650,000 after buying an additional 4,535,126 shares in the last quarter. State Street Corp boosted its position in shares of Advanced Micro Devices by 2.9% in the second quarter. State Street Corp now owns 76,920,783 shares of the semiconductor manufacturer’s stock worth $46,606,266,000 after purchasing an additional 2,149,563 shares during the period. Geode Capital Management LLC increased its stake in Advanced Micro Devices by 0.8% in the 4th quarter. Geode Capital Management LLC now owns 37,584,845 shares of the semiconductor manufacturer’s stock worth $8,015,897,000 after buying an additional 287,525 shares in the last quarter. Norges Bank purchased a new stake in shares of Advanced Micro Devices during the fourth quarter worth about $4,929,312,000. Finally, Invesco Ltd. raised its position in shares of Advanced Micro Devices by 15.9% during the fourth quarter. Invesco Ltd. now owns 15,473,280 shares of the semiconductor manufacturer’s stock valued at $3,313,758,000 after buying an additional 2,124,867 shares during the last quarter. Institutional investors own 71.34% of the company’s stock.

Advanced Micro Devices Stock Performance

Shares of NASDAQ AMD traded up $1.33 during trading on Tuesday, reaching $616.85. 15,430,841 shares of the company traded hands, compared to its average volume of 33,410,160. The stock has a market cap of $1.01 trillion, a P/E ratio of 158.51, a PEG ratio of 5.81 and a beta of 2.48. The firm’s fifty day simple moving average is $495.87 and its 200 day simple moving average is $419.46. The company has a current ratio of 2.61, a quick ratio of 1.91 and a debt-to-equity ratio of 0.03. 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 announced its quarterly earnings results on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 earnings per share for the quarter, beating the consensus estimate of $1.62 by $0.04. Advanced Micro Devices had a return on equity of 12.30% and a net margin of 15.58%.The company had revenue of $11.54 billion during the quarter, compared to analysts’ expectations of $11.31 billion. During the same period last year, the business earned $0.48 earnings per share. Advanced Micro Devices’s quarterly revenue was up 50.1% on a year-over-year basis. As a group, research analysts anticipate that Advanced Micro Devices, Inc. will post 6.43 earnings per share for the current fiscal year.

Trending Headlines about Advanced Micro Devices

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

In other Advanced Micro Devices news, EVP Mark D. Papermaster sold 28,811 shares of the stock in a transaction that occurred on Thursday, August 20th. The stock was sold at an average price of $471.87, for a total transaction of $13,595,046.57. Following the transaction, the executive vice president owned 1,261,461 shares in the company, valued at approximately $595,245,602.07. This represents a 2.23% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Jean X. Hu sold 15,000 shares of Advanced Micro Devices stock in a transaction 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 sale, the executive vice president directly owned 160,979 shares in the company, valued at $76,316,924.32. This represents a 8.52% 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. Insiders sold a total of 213,838 shares of company stock valued at $105,533,836 in the last three months. Corporate insiders own 0.50% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on AMD shares. Roth Capital increased their target price on Advanced Micro Devices from $500.00 to $650.00 and gave the company a “buy” rating in a research report on Friday, July 24th. DA Davidson increased their price target on Advanced Micro Devices from $425.00 to $550.00 and gave the stock a “buy” rating in a report on Wednesday, August 5th. Barclays lowered Advanced Micro Devices from an “overweight” rating to an “underweight” rating in a report on Friday, June 12th. Wall Street Zen raised Advanced Micro Devices from a “hold” rating to a “buy” rating in a research report on Saturday, August 29th. Finally, Benchmark boosted their target price on Advanced Micro Devices from $485.00 to $685.00 and gave the stock a “buy” rating in a research note on Wednesday, July 22nd. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-three have assigned a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Advanced Micro Devices presently has an average rating of “Moderate Buy” and a consensus 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.