Advanced Micro Devices, Inc. $AMD Shares Acquired by KLP Kapitalforvaltning AS

KLP Kapitalforvaltning AS increased its stake in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 6.8% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 620,747 shares of the semiconductor manufacturer’s stock after acquiring an additional 39,600 shares during the period. Advanced Micro Devices makes up 0.5% of KLP Kapitalforvaltning AS’s investment portfolio, making the stock its 27th largest position. KLP Kapitalforvaltning AS’s holdings in Advanced Micro Devices were worth $132,939,000 as of its most recent filing with the SEC.

Other hedge funds have also modified their holdings of the company. Koesten Hirschmann & Crabtree INC. lifted its position in Advanced Micro Devices by 61.0% during the third quarter. Koesten Hirschmann & Crabtree INC. now owns 161 shares of the semiconductor manufacturer’s stock valued at $26,000 after buying an additional 61 shares in the last quarter. ORG Wealth Partners LLC lifted its position in Advanced Micro Devices by 39.7% during the third quarter. ORG Wealth Partners LLC now owns 162 shares of the semiconductor manufacturer’s stock valued at $26,000 after buying an additional 46 shares in the last quarter. Key Capital Management INC acquired a new position in Advanced Micro Devices during the fourth quarter valued at approximately $38,000. PFS Partners LLC lifted its position in Advanced Micro Devices by 269.2% during the fourth quarter. PFS Partners LLC now owns 192 shares of the semiconductor manufacturer’s stock valued at $41,000 after buying an additional 140 shares in the last quarter. Finally, Aviso Financial Inc. lifted 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 in the last quarter. 71.34% of the stock is owned by institutional investors and hedge funds.

Advanced Micro Devices Stock Up 3.5%

Shares of NASDAQ:AMD opened at $284.49 on Wednesday. The company has a current ratio of 2.85, a quick ratio of 2.01 and a debt-to-equity ratio of 0.04. The company has a fifty day simple moving average of $215.21 and a 200 day simple moving average of $222.95. The firm has a market cap of $463.82 billion, a PE ratio of 107.35, a price-to-earnings-growth ratio of 1.00 and a beta of 1.96. Advanced Micro Devices, Inc. has a 12-month low of $85.17 and a 12-month high of $287.61.

Advanced Micro Devices (NASDAQ:AMD) last issued its quarterly earnings results on Tuesday, February 3rd. The semiconductor manufacturer reported $1.53 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.32 by $0.21. Advanced Micro Devices had a net margin of 12.52% and a return on equity of 8.84%. The business had revenue of $10.27 billion during the quarter, compared to analyst estimates of $9.65 billion. During the same quarter in the previous year, the firm earned $1.09 earnings per share. The business’s revenue was up 34.1% compared to the same quarter last year. On average, equities research analysts anticipate that Advanced Micro Devices, Inc. will post 5.75 EPS for the current fiscal year.

Insider Buying and Selling at Advanced Micro Devices

In other Advanced Micro Devices news, CEO Lisa T. Su sold 85,000 shares of the business’s stock in a transaction on Thursday, March 12th. The shares were sold at an average price of $198.77, for a total transaction of $16,895,450.00. Following the completion of the sale, the chief executive officer owned 3,146,006 shares in the company, valued at $625,331,612.62. The trade was a 2.63% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Mark D. Papermaster sold 27,109 shares of the business’s stock in a transaction on Thursday, April 16th. The shares were sold at an average price of $275.00, for a total transaction of $7,454,975.00. Following the sale, the executive vice president owned 1,267,357 shares of the company’s stock, valued at approximately $348,523,175. The trade was a 2.09% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 273,352 shares of company stock worth $59,173,070 in the last ninety days. 0.50% of the stock is currently owned by company insiders.

Key Advanced Micro Devices News

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

• Positive Sentiment: Stifel Nicolaus raised its AMD price target to $320 and kept a Buy rating, signaling stronger Wall Street conviction in AMD’s AI-driven revenue runway. Read More.
• Positive Sentiment: Benzinga reports shares are surging as AI compute demand continues to outpace supply; analysts are pointing to robust server GPU/CPU demand and the upcoming May 5 earnings as a catalyst. Read More.
• Positive Sentiment: Several bullish commentaries position AMD as an AI infrastructure beneficiary and a “second chance” for investors who missed Nvidia’s run, highlighting product competitiveness in datacenter AI. Read More.
• Positive Sentiment: Analyst and market pieces (Seeking Alpha, TipRanks, Zacks) reiterate multi-quarter growth expectations and $300+ price targets, supporting momentum into earnings. Read More.
• Neutral Sentiment: Zacks and other screeners flag AMD as a strong growth/trending stock — useful framing but not a near-term catalyst by itself. Read More.
• Neutral Sentiment: Market-forecast pieces (FXEmpire, Yahoo roundups) note broader chip-sector recovery could lift AMD alongside peers; macro/sector moves may matter more than company-specific news. Read More.
• Negative Sentiment: A Seeking Alpha downgrade piece warns of near-term risk and advises caution — valuation (PE >100) and stretched technicals are cited as reasons to avoid chasing the rally. Read More.

Analysts Set New Price Targets

A number of research analysts have weighed in on AMD shares. Jefferies Financial Group reaffirmed a “buy” rating on shares of Advanced Micro Devices in a research report on Tuesday, February 24th. Mizuho lifted their price target on shares of Advanced Micro Devices from $275.00 to $280.00 and gave the company an “outperform” rating in a research report on Wednesday, February 25th. Morgan Stanley reduced their price target on shares of Advanced Micro Devices from $260.00 to $255.00 and set an “equal weight” rating on the stock in a research report on Wednesday, February 4th. Cantor Fitzgerald reaffirmed an “overweight” rating on shares of Advanced Micro Devices in a research report on Monday, February 2nd. Finally, Piper Sandler reaffirmed an “overweight” rating on shares of Advanced Micro Devices in a research report on Wednesday, February 25th. One analyst has rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and nine have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $292.14.

Advanced Micro Devices Company Profile

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.