Formuepleje A S Acquires Shares of 8,389 Advanced Micro Devices, Inc. $AMD

Formuepleje A S acquired a new stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 8,389 shares of the semiconductor manufacturer’s stock, valued at approximately $4,873,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in AMD. California State Teachers Retirement System boosted its stake in Advanced Micro Devices by 58,272.0% during the 2nd quarter. California State Teachers Retirement System now owns 1,436,775,740 shares of the semiconductor manufacturer’s stock valued at $834,637,395,000 after purchasing an additional 1,434,314,328 shares during the last quarter. Norges Bank bought a new stake in Advanced Micro Devices during the 4th quarter worth approximately $4,929,312,000. Bank of America Corp DE purchased a new stake in shares of Advanced Micro Devices in the second quarter worth approximately $7,022,226,000. Cardano Risk Management B.V. purchased a new stake in shares of Advanced Micro Devices in the fourth quarter worth approximately $1,000,783,000. Finally, BlackRock Inc. lifted its holdings in shares of Advanced Micro Devices by 3.1% in the second quarter. BlackRock Inc. now owns 150,301,510 shares of the semiconductor manufacturer’s stock valued at $87,311,650,000 after purchasing an additional 4,535,126 shares in the last quarter. Institutional investors and hedge funds own 71.34% of the company’s stock.

Key Advanced Micro Devices News

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

• Positive Sentiment: AMD shares gained after the company unveiled a more than $100,000 AI workstation planned for 2027. The product reinforces AMD’s push beyond data-center chips and could expand its exposure to high-end AI systems. AMD Stock Jumps After Unveiling $100,000-Plus AI Workstation for 2027
• Positive Sentiment: One forecast sees AMD’s data-center business exceeding 70% of company revenue in 2027, based on its recent growth outpacing all other segments. If sustained, that mix shift would make AMD more leveraged to the fast-growing AI infrastructure market. Prediction: Data Center Passes 70% of AMD’s Revenue in 2027
• Positive Sentiment: Several analysts and commentators argue that AMD’s strong AI performance and upcoming product ramps are not fully reflected in the valuation, with one bullish thesis suggesting substantial long-term appreciation. AMD’s latest reported quarter also showed 50.1% year-over-year revenue growth and an earnings beat.
• Neutral Sentiment: AMD and NVIDIA are pursuing different strategies for capturing AI spending. Commentary suggests AMD may benefit from the next phase of AI buildouts if customers seek more supplier diversity and alternative architectures, but the outcome remains uncertain. AMD Is Behind the AI Chip Shift Nobody Is Talking About
• Negative Sentiment: Valuation is a major concern. AMD has risen more than 200% over the past year and trades at roughly 123 times earnings, making the stock vulnerable to profit-taking or disappointment even if AI demand remains strong. AMD Is Now More Expensive Than Nvidia And Broadcom
• Negative Sentiment: Broadcom is identified as a significant competitive threat because it is building deep relationships with hyperscale customers and could capture part of the same AI infrastructure market AMD is targeting. The risk is that AMD’s growth ceiling may be lower than current expectations. AMD’s Whole AI Story Has One Threat It Cannot Ignore: Broadcom
• Negative Sentiment: Other analysis acknowledges that AI demand is real but highlights execution, competition, cyclical semiconductor conditions, and the possibility that expectations have become too aggressive. Seasonal September weakness across major indexes could also add pressure to high-beta semiconductor stocks.

Advanced Micro Devices Stock Performance

Shares of AMD opened at $477.57 on Tuesday. The company has a current ratio of 2.61, a quick ratio of 1.91 and a debt-to-equity ratio of 0.03. The company has a market capitalization of $779.62 billion, a price-to-earnings ratio of 122.77, a PEG ratio of 4.95 and a beta of 2.48. The stock has a 50 day moving average of $497.96 and a 200 day moving average of $396.52. Advanced Micro Devices, Inc. has a 12 month low of $149.22 and a 12 month high of $584.73.

Advanced Micro Devices (NASDAQ:AMD) last issued its quarterly earnings results on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 EPS for the quarter, topping analysts’ consensus estimates 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 business had revenue of $11.54 billion for the quarter, compared to analyst estimates of $11.31 billion. During the same period last year, the company posted $0.48 earnings per share. Advanced Micro Devices’s quarterly revenue was up 50.1% compared to the same quarter last year. As a group, sell-side analysts forecast that Advanced Micro Devices, Inc. will post 6.44 earnings per share for the current year.

Insider Activity

In other news, EVP Jean X. Hu sold 15,000 shares of Advanced Micro Devices stock in a transaction on Tuesday, August 25th. The stock was sold at an average price of $474.08, for a total transaction of $7,111,200.00. Following the sale, the executive vice president directly owned 160,979 shares in the company, valued at $76,316,924.32. The trade was a 8.52% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Ava Hahn sold 2,993 shares of the business’s stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $488.69, for a total transaction of $1,462,649.17. Following the completion of the transaction, the senior vice president directly owned 26,623 shares in the company, valued at $13,010,393.87. This trade represents a 10.11% decrease in their ownership of the stock. 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 quarter, insiders sold 232,577 shares of company stock worth $109,509,170. 0.50% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the company. Mizuho lifted their target price on Advanced Micro Devices from $615.00 to $625.00 and gave the company an “outperform” rating in a research report on Monday, July 27th. BMO Capital Markets started coverage on Advanced Micro Devices in a research report on Thursday, August 20th. They issued an “outperform” rating and a $550.00 price target for the company. JPMorgan Chase & Co. raised their price objective on Advanced Micro Devices from $385.00 to $550.00 and gave the company a “neutral” rating in a research note on Wednesday, August 5th. KeyCorp set a $650.00 price objective on shares of Advanced Micro Devices in a report on Wednesday, August 5th. Finally, Wall Street Zen upgraded shares of Advanced Micro Devices from a “hold” rating to a “buy” rating in a research note on Saturday, August 29th. Three analysts have rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $553.72.

Advanced Micro Devices 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.