Advanced Micro Devices, Inc. $AMD Shares Bought by Swiss Life Asset Management Ltd

Key Points

• Swiss Life Asset Management raised its stake in Advanced Micro Devices by 9.4% in Q3 to 390,774 shares, worth about $63.2 million, as institutional investors now own roughly 71.34% of the stock.
• AMD beat expectations in its most recent quarter with $1.53 EPS vs. $1.32 and $10.27 billion in revenue (up 34.1% year‑over‑year), and analysts hold a "Moderate Buy" consensus with an average price target of $290.53.
• Insider activity shows substantial selling recently: CEO Lisa T. Su sold 85,000 shares for about $16.9 million, and insiders disposed of 239,392 shares totaling roughly $50.0 million over the past three months.

Swiss Life Asset Management Ltd raised its position in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 9.4% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 390,774 shares of the semiconductor manufacturer's stock after purchasing an additional 33,705 shares during the period. Swiss Life Asset Management Ltd's holdings in Advanced Micro Devices were worth $63,223,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of AMD. Cambria Investment Management L.P. lifted its position in shares of Advanced Micro Devices by 0.8% during the 3rd quarter. Cambria Investment Management L.P. now owns 5,894 shares of the semiconductor manufacturer's stock worth $954,000 after purchasing an additional 48 shares during the last quarter. Strategic Advocates LLC increased its holdings in Advanced Micro Devices by 3.1% in the third quarter. Strategic Advocates LLC now owns 5,317 shares of the semiconductor manufacturer's stock valued at $860,000 after buying an additional 162 shares during the last quarter. Lantern Wealth Advisors LLC purchased a new position in Advanced Micro Devices in the third quarter valued at $273,000. KERR FINANCIAL PLANNING Corp acquired a new stake in Advanced Micro Devices in the third quarter valued at $783,000. Finally, Alexander Labrunerie & CO. Inc. purchased a new stake in Advanced Micro Devices during the 3rd quarter worth about $241,000. 71.34% of the stock is currently owned by institutional investors and hedge funds.

Advanced Micro Devices Stock Up 1.6%

AMD opened at $199.46 on Thursday. Advanced Micro Devices, Inc. has a one year low of $76.48 and a one year high of $267.08. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.01 and a current ratio of 2.85. The stock has a market capitalization of $325.20 billion, a P/E ratio of 75.27, a price-to-earnings-growth ratio of 0.74 and a beta of 1.98. The business's 50-day simple moving average is $215.10 and its 200-day simple moving average is $210.79.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last announced its earnings results on Tuesday, February 3rd. The semiconductor manufacturer reported $1.53 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.32 by $0.21. The firm had revenue of $10.27 billion during the quarter, compared to analysts' expectations of $9.65 billion. Advanced Micro Devices had a return on equity of 8.84% and a net margin of 12.52%.The business's revenue was up 34.1% on a year-over-year basis. During the same period in the prior year, the firm earned $1.09 EPS. Analysts anticipate that Advanced Micro Devices, Inc. will post 3.87 EPS for the current year.

Analysts Set New Price Targets

Several research firms have recently issued reports on AMD. Sanford C. Bernstein set a $235.00 price objective on Advanced Micro Devices in a research report on Wednesday, February 4th. China Renaissance started coverage on Advanced Micro Devices in a research report on Tuesday, January 13th. They set a "buy" rating and a $291.00 target price on the stock. Wedbush reaffirmed an "outperform" rating and issued a $290.00 price target on shares of Advanced Micro Devices in a report on Wednesday, February 4th. Cantor Fitzgerald reiterated an "overweight" rating on shares of Advanced Micro Devices in a research note on Monday, February 2nd. Finally, Piper Sandler reissued an "overweight" rating on shares of Advanced Micro Devices in a report on Wednesday, February 25th. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and ten have assigned a Hold rating to the company. Based on data from MarketBeat, Advanced Micro Devices presently has a consensus rating of "Moderate Buy" and an average price target of $290.53.

Insider Transactions at Advanced Micro Devices

In other news, CEO Lisa T. Su sold 85,000 shares of Advanced Micro Devices stock in a transaction on Thursday, March 12th. The shares were sold at an average price of $198.77, for a total value of $16,895,450.00. Following the transaction, the chief executive officer directly owned 3,146,006 shares of the company's stock, valued at $625,331,612.62. The trade was a 2.63% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Paul Darren Grasby sold 7,500 shares of the company's stock in a transaction on Wednesday, March 11th. The shares were sold at an average price of $204.87, for a total transaction of $1,536,525.00. Following the completion of the sale, the executive vice president owned 129,598 shares of the company's stock, valued at approximately $26,550,742.26. This trade represents a 5.47% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 239,392 shares of company stock worth $50,016,383 in the last three months. Corporate insiders own 0.06% 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: Samsung MOU expands AMD's AI supply chain — Samsung and AMD signed a memorandum of understanding to supply next‑generation HBM4 memory for AMD’s Instinct MI455X accelerators and discuss DDR5 for EPYC CPUs and a potential foundry partnership, reducing a key AI‑memory bottleneck and improving AMD’s supply flexibility. Samsung Elec and AMD sign MoU on AI memory, explore foundry partnership
• Positive Sentiment: New AI platform partnership (Helios) with Celestica — AMD and Celestica unveiled an open‑standard, rack‑scale “Helios” AI platform for hyperscale deployments, which reinforces AMD’s strategy to win hyperscaler design wins and broadens its ecosystem for data‑center AI infrastructure. Advanced Micro Devices Inc. (AMD) and Celestica Bring Open-Standard ‘Helios’ AI Platform to Market
• Positive Sentiment: Product momentum: Ryzen AI refresh and PC chip lineup expansion — AMD broadened its Ryzen AI 400 Series for desktop and commercial PCs and reports of a Ryzen CPU refresh leaked recently, supporting near‑term demand and positive sentiment around AMD’s silicon roadmap. How AMD Expanded Its Ryzen AI PC Push With New Desktop and Commercial Chips AMD Stock Jumps on a Ryzen CPU Refresh Leak
• Neutral Sentiment: Market context: AMD outperforming broader decline — Coverage notes AMD rose while broader markets fell, reflecting the market’s focus on AI exposure; this is sentiment‑driven and may persist while headlines flow. Advanced Micro Devices (AMD) Advances While Market Declines
• Neutral Sentiment: Analyst and narrative coverage mixed — Some bullish reads from conference commentary (Nvidia GTC coverage positioning AMD as an alternative) coexist with cautious analyst stance (RBC reaffirmed sector‑perform), so analyst moves may not be a clear near‑term catalyst. The Nvidia GTC Has Been Very Bullish For AMD Royal Bank Of Canada Reaffirms "Sector Perform" Rating for AMD
• Negative Sentiment: Competitive and supply‑chain headwinds remain — Nvidia’s resumption of H200 production for China and continued full‑stack efforts highlight tough competition in AI accelerators; AMD’s gains depend on execution, supply, and whether hyperscalers adopt its alternatives at scale. Nvidia Restarts H200 Production for China After Securing Multiple Licenses

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.

Want to see what other hedge funds are holding AMD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.