Lansforsakringar Fondforvaltning AB publ Reduces Stake in Advanced Micro Devices, Inc. $AMD

Lansforsakringar Fondforvaltning AB publ lowered its position in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 3.2% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 539,907 shares of the semiconductor manufacturer’s stock after selling 17,814 shares during the period. Advanced Micro Devices comprises about 0.6% of Lansforsakringar Fondforvaltning AB publ’s investment portfolio, making the stock its 22nd biggest holding. Lansforsakringar Fondforvaltning AB publ’s holdings in Advanced Micro Devices were worth $109,833,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of AMD. Joseph Group Capital Management purchased a new stake in shares of Advanced Micro Devices during the 4th quarter valued at about $25,000. Sarver Vrooman Wealth Advisors purchased a new position in shares of Advanced Micro Devices in the fourth quarter worth approximately $27,000. Cornerstone Financial Management LLC purchased a new position in shares of Advanced Micro Devices in the fourth quarter worth approximately $27,000. Basepoint Wealth LLC bought a new stake in Advanced Micro Devices during the fourth quarter valued at approximately $30,000. Finally, Aviso Financial Inc. grew its position in Advanced Micro Devices by 400.0% during the third quarter. Aviso Financial Inc. now owns 200 shares of the semiconductor manufacturer’s stock valued at $32,000 after buying an additional 160 shares during the period. Institutional investors own 71.34% of the company’s stock.

Key Stories Impacting Advanced Micro Devices

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

• Positive Sentiment: AMD is benefiting from renewed enthusiasm for AI chips, with market commentary noting that the recent selloff in microchips may have been overdone and that AI demand still appears undersupplied. The broader tech rebound also supported the stock. AMD, INTC and NVDA Forecasts – Microchips Looking to Recover on Monday
• Positive Sentiment: UBS raised its price target on AMD to $670 from $455 while keeping a Buy rating, reinforcing bullish expectations for further upside. UBS Raises PT on Advanced Micro Devices (AMD)
• Positive Sentiment: AMD’s recent UK investment announcement, including plans tied to AI supercomputers at Cambridge, adds to the company’s credibility in AI infrastructure and may support long-term growth sentiment. AMD (AMD) Commits £2 Billion to the UK and Helps Build Two AI Supercomputers at Cambridge
• Neutral Sentiment: Analysts and market commentators continue to highlight AMD as a trending growth stock, but much of the discussion is centered on valuation and investor interest rather than a new fundamental catalyst. Here’s Why Advanced Micro Devices (AMD) is a Strong Growth Stock
• Neutral Sentiment: Some articles warn that AMD’s stock has run up more on valuation and sentiment than on near-term business results, which could temper upside if expectations outpace execution. AMD Stock Is Crushing Nvidia’s in 2026. Will That Continue?
• Negative Sentiment: Chip stocks including AMD opened lower at one point due to quarter-end positioning, lingering earnings pressure, and macro caution, indicating some near-term trading headwinds for semiconductors. Why are Intel, AMD, ARM stocks selling off today?

Advanced Micro Devices Price Performance

Shares of NASDAQ:AMD opened at $539.49 on Tuesday. The company has a market capitalization of $879.69 billion, a P/E ratio of 176.88, a P/E/G ratio of 1.54 and a beta of 2.50. Advanced Micro Devices, Inc. has a 1-year low of $133.50 and a 1-year high of $562.99. The firm’s 50 day simple moving average is $450.43 and its two-hundred day simple moving average is $298.88. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.72 and a quick ratio of 1.96.

Advanced Micro Devices (NASDAQ:AMD) last announced its quarterly earnings data on Tuesday, May 5th. The semiconductor manufacturer reported $1.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.29 by $0.08. The firm had revenue of $10.25 billion during the quarter, compared to analysts’ expectations of $9.90 billion. Advanced Micro Devices had a net margin of 13.37% and a return on equity of 9.55%. The company’s revenue for the quarter was up 37.8% compared to the same quarter last year. During the same period in the prior year, the company posted $0.96 earnings per share. Research analysts expect that Advanced Micro Devices, Inc. will post 6.15 EPS for the current fiscal year.

Insider Buying and Selling

In other Advanced Micro Devices news, EVP Mark D. Papermaster sold 31,320 shares of the firm’s stock in a transaction dated Friday, April 24th. The stock was sold at an average price of $350.00, for a total transaction of $10,962,000.00. Following the sale, the executive vice president directly owned 1,236,037 shares of the company’s stock, valued at $432,612,950. This trade represents a 2.47% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Nora Denzel sold 8,626 shares of the business’s stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $522.00, for a total value of $4,502,772.00. Following the completion of the transaction, the director owned 87,173 shares in the company, valued at $45,504,306. The trade was a 9.00% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 378,032 shares of company stock worth $161,876,596 in the last three months. Corporate insiders own 0.50% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have commented on AMD. Stifel Nicolaus upped their target price on shares of Advanced Micro Devices from $320.00 to $450.00 and gave the company a “buy” rating in a report on Wednesday, May 6th. Barclays downgraded shares of Advanced Micro Devices from an “overweight” rating to an “underweight” rating in a research report on Friday, June 12th. Truist Financial set a $478.00 price objective on Advanced Micro Devices in a research note on Wednesday, May 6th. Evercore reaffirmed an “outperform” rating and issued a $579.00 target price on shares of Advanced Micro Devices in a report on Tuesday, May 19th. Finally, Wells Fargo & Company raised their target price on Advanced Micro Devices from $345.00 to $505.00 and gave the stock an “overweight” rating in a report on Wednesday, May 6th. Two equities research analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $445.81.

About Advanced Micro Devices

Advanced Micro Devices, Inc (NASDAQ: AMD) is a global semiconductor company that designs and sells microprocessors, graphics processors, chipsets and adaptive computing solutions for a broad set of markets. The company’s product portfolio includes consumer and commercial CPUs under the Ryzen and Threadripper brands, data center processors under the EPYC brand, and Radeon graphics processing units for gaming and professional visualization. AMD also offers semi-custom system-on-chip (SoC) products for gaming consoles and other specialized applications, and provides supporting software and platform technologies for OEMs, cloud service providers and end users.

Founded in 1969, AMD has evolved from a supplier of logic chips into a diversified, fabless semiconductor designer.