Advanced Micro Devices, Inc. $AMD Shares Sold by Alecta Tjanstepension Omsesidigt

Key Points

• Q1 beat and bullish guidance: AMD reported EPS of $1.37 (vs. $1.29 est.) and revenue of $10.25B (up 37.8% YoY), and the stronger-than-expected results plus a bullish Q2 guide sparked an ~18.4% rally and multiple analyst upgrades and price‑target increases (consensus: "Moderate Buy", target $385.86).
• Institutional and insider selling: Alecta Tjanstepension Omsesidigt trimmed its stake by 3.6% to 2,154,000 shares after selling 80,000 shares, while insiders have sold 304,672 shares (~$70.1M) in the last 90 days, leaving insiders with about 0.50% ownership.
• Valuation caution despite momentum: Investors and some analysts warn the rally may be priced for perfection as AMD trades at a high P/E (137.89), creating short‑term volatility risk despite strong data‑center momentum and supply wins.

Alecta Tjanstepension Omsesidigt lessened its stake in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 3.6% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 2,154,000 shares of the semiconductor manufacturer's stock after selling 80,000 shares during the quarter. Advanced Micro Devices makes up approximately 2.0% of Alecta Tjanstepension Omsesidigt's holdings, making the stock its 11th biggest holding. Alecta Tjanstepension Omsesidigt owned about 0.13% of Advanced Micro Devices worth $461,193,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of AMD. Brighton Jones LLC grew its position in shares of Advanced Micro Devices by 178.2% during the 4th quarter. Brighton Jones LLC now owns 45,956 shares of the semiconductor manufacturer's stock valued at $5,551,000 after buying an additional 29,438 shares during the last quarter. Revolve Wealth Partners LLC grew its position in shares of Advanced Micro Devices by 2.9% during the 4th quarter. Revolve Wealth Partners LLC now owns 8,283 shares of the semiconductor manufacturer's stock valued at $1,001,000 after buying an additional 234 shares during the last quarter. Sivia Capital Partners LLC grew its position in Advanced Micro Devices by 125.1% in the 2nd quarter. Sivia Capital Partners LLC now owns 5,344 shares of the semiconductor manufacturer's stock worth $758,000 after purchasing an additional 2,970 shares during the last quarter. United Bank grew its position in Advanced Micro Devices by 22.0% in the 2nd quarter. United Bank now owns 13,255 shares of the semiconductor manufacturer's stock worth $1,881,000 after purchasing an additional 2,392 shares during the last quarter. Finally, Schnieders Capital Management LLC. grew its position in Advanced Micro Devices by 361.0% in the 2nd quarter. Schnieders Capital Management LLC. now owns 9,230 shares of the semiconductor manufacturer's stock worth $1,310,000 after purchasing an additional 7,228 shares during the last quarter. Institutional investors and hedge funds own 71.34% of the company's stock.

Analyst Ratings Changes

Several research firms have commented on AMD. The Goldman Sachs Group upgraded shares of Advanced Micro Devices from a "neutral" rating to a "buy" rating and upped their target price for the stock from $240.00 to $450.00 in a research report on Wednesday. Jefferies Financial Group cut shares of Advanced Micro Devices from a "buy" rating to a "hold" rating in a research report on Wednesday. Wolfe Research began coverage on shares of Advanced Micro Devices in a research report on Wednesday. They issued a "peer perform" rating for the company. Roth Mkm restated a "buy" rating and issued a $500.00 target price on shares of Advanced Micro Devices in a research report on Wednesday. Finally, HSBC cut shares of Advanced Micro Devices from a "buy" rating to a "hold" rating and upped their target price for the stock from $335.00 to $340.00 in a research report on Monday. One investment analyst has rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and twelve have assigned a Hold rating to the company's stock. According to data from MarketBeat, Advanced Micro Devices currently has a consensus rating of "Moderate Buy" and a consensus target price of $385.86.

Insider Activity at Advanced Micro Devices

In other news, EVP Paul Darren Grasby sold 7,500 shares of the company's stock in a transaction that occurred on Wednesday, March 11th. The shares were sold at an average price of $204.87, for a total value of $1,536,525.00. Following the completion of the sale, the executive vice president directly owned 129,598 shares of the company's stock, valued at approximately $26,550,742.26. This represents a 5.47% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Forrest Eugene Norrod sold 19,450 shares of the company's stock in a transaction that occurred on Wednesday, February 11th. The stock was sold at an average price of $216.81, for a total transaction of $4,216,954.50. Following the completion of the sale, the executive vice president directly owned 289,098 shares of the company's stock, valued at approximately $62,679,337.38. This represents a 6.30% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 304,672 shares of company stock valued at $70,135,070. 0.50% of the stock is currently owned by insiders.

Advanced Micro Devices Trading Up 18.4%

Shares of NASDAQ:AMD opened at $420.56 on Thursday. The company has a 50 day moving average of $240.09 and a 200-day moving average of $230.52. The firm has a market cap of $685.66 billion, a P/E ratio of 137.89, a P/E/G ratio of 1.26 and a beta of 2.40. Advanced Micro Devices, Inc. has a twelve month low of $96.88 and a twelve month high of $430.60. The company has a current ratio of 2.85, a quick ratio of 2.01 and a debt-to-equity ratio of 0.04.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last issued its quarterly earnings results on Tuesday, May 5th. The semiconductor manufacturer reported $1.37 earnings per share for the quarter, topping analysts' consensus estimates of $1.29 by $0.08. The company had revenue of $10.25 billion during the quarter, compared to analyst estimates of $9.90 billion. Advanced Micro Devices had a net margin of 13.37% and a return on equity of 9.68%. The business'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 business posted $0.96 EPS. As a group, analysts anticipate that Advanced Micro Devices, Inc. will post 5.91 earnings per share for the current fiscal year.

Advanced Micro Devices News Roundup

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

• Positive Sentiment: Q1 results beat and bullish Q2 guide: AMD reported stronger-than-expected Q1 revenue and EPS and gave Q2 revenue guidance above Wall Street consensus, a combination that sparked heavy buying into the stock. Read More.
• Positive Sentiment: Data‑center momentum — CEO and results point to accelerating server CPU and GPU demand: management raised the long‑term server CPU opportunity to ~$120B and highlighted agentic AI driving faster-than-expected cloud spending. That narrative underpins stronger revenue and margin expectations. Read More.
• Positive Sentiment: Wall Street upgrades and price‑target lifts amplified the rally: multiple firms raised targets and issued upgrades after the beat & guide, which increases buy‑side conviction and fuels momentum. Read More.
• Positive Sentiment: Supply and capacity wins reduce near‑term constraint risk: reports of TSMC capacity wins and AMD securing critical memory allocations eased investor concerns about the company being supply‑constrained during the AI ramp. Read More.
• Neutral Sentiment: Macro and market tailwinds helped sentiment: broader risk‑on moves (oil down on Iran diplomacy, indexes rising) amplified AMD’s move — helpful context, but not an AMD‑specific fundamental change. Read More.
• Neutral Sentiment: Investor cautions on momentum/positioning: some prominent investors and technical analysts warn against chasing the move (overbought indicators, heavy post‑earnings flows), suggesting short‑term volatility even as the long‑term thesis remains intact. Read More.
• Negative Sentiment: Valuation, profit‑taking and margin pressure risks: the rally pushes valuation toward “priced for perfection,” insiders have sold shares, and rising memory prices could pressure gaming/PC demand — all reasons some analysts still urge caution or rate the stock a hold. Read More.

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.

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