ASR Vermogensbeheer N.V. Trims Stock Holdings in Advanced Micro Devices, Inc. $AMD

Key Points

• ASR Vermogensbeheer trimmed its stake in Advanced Micro Devices by 0.8% in Q4, selling 1,299 shares and leaving 167,311 shares valued at about $35.83 million.
• AMD topped Q1 estimates with $1.37 EPS vs. $1.29 expected and $10.25B revenue (up 37.8% YoY), prompting analyst upgrades, higher price targets and a rally driven by AI/data‑center demand and supply wins.
• Institutional and insider activity is notable: William Blair raised its position to 1,047,200 shares, hedge funds own about 71.34% of AMD, while insiders sold roughly 304,672 shares (~$70.1M), amid some profit‑taking and valuation concerns.

ASR Vermogensbeheer N.V. lowered its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 0.8% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 167,311 shares of the semiconductor manufacturer's stock after selling 1,299 shares during the period. ASR Vermogensbeheer N.V.'s holdings in Advanced Micro Devices were worth $35,831,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Impax Asset Management Group plc increased its position in Advanced Micro Devices by 326.5% in the 3rd quarter. Impax Asset Management Group plc now owns 52,068 shares of the semiconductor manufacturer's stock valued at $8,424,000 after acquiring an additional 39,861 shares during the period. Zweig DiMenna Associates LLC increased its position in Advanced Micro Devices by 127.6% in the 3rd quarter. Zweig DiMenna Associates LLC now owns 72,602 shares of the semiconductor manufacturer's stock valued at $11,746,000 after acquiring an additional 40,708 shares during the period. Wedbush Securities Inc. increased its position in Advanced Micro Devices by 7.8% in the 3rd quarter. Wedbush Securities Inc. now owns 84,256 shares of the semiconductor manufacturer's stock valued at $13,632,000 after acquiring an additional 6,095 shares during the period. Highline Wealth Partners LLC increased its position in Advanced Micro Devices by 4,891.6% in the 4th quarter. Highline Wealth Partners LLC now owns 8,286 shares of the semiconductor manufacturer's stock valued at $1,775,000 after acquiring an additional 8,120 shares during the period. Finally, William Blair Investment Management LLC increased its position in Advanced Micro Devices by 72.5% in the 3rd quarter. William Blair Investment Management LLC now owns 1,047,200 shares of the semiconductor manufacturer's stock valued at $169,426,000 after acquiring an additional 440,296 shares during the period. Hedge funds and other institutional investors own 71.34% of the company's stock.

Advanced Micro Devices Stock Performance

Shares of NASDAQ AMD opened at $408.46 on Friday. The company has a quick ratio of 2.01, a current ratio of 2.72 and a debt-to-equity ratio of 0.04. The stock has a market capitalization of $665.93 billion, a price-to-earnings ratio of 133.92, a PEG ratio of 1.48 and a beta of 2.40. The stock's fifty day simple moving average is $243.98 and its 200 day simple moving average is $231.76. Advanced Micro Devices, Inc. has a 52-week low of $101.56 and a 52-week high of $430.60.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last issued its earnings results 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 business had revenue of $10.25 billion for the quarter, compared to analysts' expectations of $9.90 billion. Advanced Micro Devices had a return on equity of 9.55% and a net margin of 13.37%.The company's quarterly revenue was up 37.8% on a year-over-year basis. During the same period in the previous year, the firm posted $0.96 EPS. As a group, sell-side analysts forecast that Advanced Micro Devices, Inc. will post 5.97 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several analysts recently commented on the company. DA Davidson raised their target price on Advanced Micro Devices from $375.00 to $425.00 and gave the company a "buy" rating in a research report on Wednesday. Raymond James Financial initiated coverage on Advanced Micro Devices in a research report on Wednesday. They set a "market perform" rating on the stock. Needham & Company LLC upgraded Advanced Micro Devices to a "buy" rating in a research report on Wednesday. Royal Bank Of Canada lifted their price target on Advanced Micro Devices from $325.00 to $400.00 and gave the company a "sector perform" rating in a research report on Wednesday. Finally, Northland Securities reiterated a "market perform" rating and set a $260.00 price target on shares of Advanced Micro Devices in a research report on Monday, April 27th. Two equities research analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating and twelve have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Advanced Micro Devices presently has an average rating of "Moderate Buy" and a consensus target price of $388.84.

Key Stories Impacting Advanced Micro Devices

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

• Positive Sentiment: Blowout Q1 and bullish guidance — AMD reported a strong quarter with big data‑center (AI) revenue and raised near‑term guidance, which triggered the recent rally as investors re-rate AMD as a core AI infrastructure play. AMD Soars 14%: Q1 Crusher, Q2 Guide Lift, Goldman $450 Price Target Ignite AI Frenzy
• Positive Sentiment: Wall Street upgrades and higher price targets — Multiple firms quickly raised ratings and targets after the print (Goldman, Bernstein, TD Cowen, Susquehanna, Wells Fargo, Rosenblatt, etc.), boosting momentum and derivative flows. Wall Street Just Piled Into AMD: Eight Firms Hike Price Targets After Q1 Earnings Crusher
• Positive Sentiment: Supply wins for AI production — Reports highlight TSMC capacity wins and AMD saying it has secured critical memory supply, easing a key bottleneck for server CPU/GPU shipments. That supports the revenue outlook for AI servers. AMD (AMD) Stock Surges on TSMC Capacity Win and Strong Earnings
• Neutral Sentiment: Corporate calendar note — AMD set its annual shareholder meeting for May 13; management may discuss forward‑looking items that could add short‑term color but aren’t a market catalyst by themselves. AMD to Host Annual Meeting of Stockholders
• Neutral Sentiment: Sector supply risks flagged — Analysts and reporters caution a broader components/memory shortage in AI supply chains that could temper growth or shift timing even if demand remains strong. Tech Stocks Face a New AI Hurdle: A Widespread Components Shortage
• Negative Sentiment: Profit‑taking and valuation concerns — After the rapid run to all‑time highs, some strategists and commentators warn the stock is richly valued and investors are taking profits; that selling pressure can drive intraday weakness. AMD Has Flipped Nvidia: Time To Sell (Rating Downgrade)
• Negative Sentiment: Large sellers and position shifts — High‑profile managers (ARK/Cathie Wood) reduced AMD exposure and there’s visible insider selling; institutional rotation and some fund selling after gains can accentuate pullbacks. Cathie Wood Sells AMD Again — ARK Trade

Insider Buying and Selling

In related news, EVP Mark D. Papermaster sold 31,320 shares of Advanced Micro Devices stock in a transaction on Friday, April 24th. The stock was sold at an average price of $350.00, for a total value of $10,962,000.00. Following the transaction, the executive vice president directly owned 1,236,037 shares in the company, valued at $432,612,950. The trade was a 2.47% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Paul Darren Grasby sold 7,500 shares of Advanced Micro Devices stock in a transaction on Wednesday, March 11th. The stock was sold at an average price of $204.87, for a total value of $1,536,525.00. Following the completion of the transaction, the executive vice president owned 129,598 shares in the company, valued at $26,550,742.26. The trade was a 5.47% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 304,672 shares of company stock valued at $70,135,070. Insiders own 0.50% of the company's stock.

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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