Danica Pension Livsforsikringsaktieselskab Has $82.84 Million Stock Position in Advanced Micro Devices, Inc. $AMD

Key Points

• Danica Pension reduced its AMD stake by 24.3% in the second quarter, selling 45,828 shares and retaining 142,603 shares valued at approximately $82.84 million. AMD remains its 16th-largest holding and represents about 1.3% of its portfolio.
• AMD reported strong quarterly results, with revenue rising 50.1% year over year to $11.54 billion and EPS of $1.66, exceeding analyst expectations. Analysts maintain a generally positive outlook, with the stock carrying a “Moderate Buy” consensus rating and an average price target of $546.95.
• Valuation and competitive risks remain significant: AMD trades at a P/E ratio above 120, while insider sales totaled nearly $100 million over the past three months and Nvidia continues to hold major advantages in AI-chip infrastructure and ecosystem strength.

Danica Pension Livsforsikringsaktieselskab lessened its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 24.3% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 142,603 shares of the semiconductor manufacturer's stock after selling 45,828 shares during the quarter. Advanced Micro Devices accounts for approximately 1.3% of Danica Pension Livsforsikringsaktieselskab's investment portfolio, making the stock its 16th biggest position. Danica Pension Livsforsikringsaktieselskab's holdings in Advanced Micro Devices were worth $82,840,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Joseph Group Capital Management acquired a new stake in Advanced Micro Devices in the 4th quarter worth about $25,000. Sarver Vrooman Wealth Advisors bought a new stake in Advanced Micro Devices in the 4th quarter valued at about $27,000. Cornerstone Financial Management LLC acquired a new position in shares of Advanced Micro Devices during the 4th quarter worth approximately $27,000. Basepoint Wealth LLC acquired a new position in shares of Advanced Micro Devices during the 4th quarter worth approximately $30,000. Finally, Graney & King LLC bought a new position in shares of Advanced Micro Devices during the first quarter worth approximately $31,000. 71.34% of the stock is currently owned by institutional investors and hedge funds.

Key Advanced Micro Devices News

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

• Positive Sentiment: BMO initiated coverage of AMD with a buy recommendation, adding to bullish Wall Street sentiment toward the semiconductor sector and AMD’s AI opportunity. BMO Buy Ratings for Semiconductor Stocks
• Positive Sentiment: AMD continues to show stronger and more consistent revenue growth than Arm Holdings. Its latest quarter included record revenue of $11.54 billion, up 50.1% year over year, and earnings that exceeded analyst expectations. AMD and Arm Revenue Comparison
• Positive Sentiment: Reports that Google may collaborate with AMD on its next-generation TPU could represent a meaningful design win and broaden AMD’s relationships with hyperscalers. Coatue Management’s new position, valued at approximately $55.8 million, also signals institutional interest in the AI trade. Google Reportedly Working With AMD on a TPU
• Neutral Sentiment: AMD is increasingly viewed as Nvidia’s most credible AI-chip challenger, particularly with its Helios platform, but investors remain focused on whether it can narrow Nvidia’s ecosystem and market-share advantages. AMD and Nvidia AI Competition
• Negative Sentiment: Google’s expanding custom-chip program, including its relationship with Marvell, could increase competition for AI-inference workloads. A report that SpaceX selected Nvidia’s Vera Rubin platform reinforces concerns that AMD is still losing some high-profile AI infrastructure opportunities. SpaceX Selects Nvidia AI Infrastructure
• Negative Sentiment: CEO Lisa Su and SVP Ava Hahn sold shares totaling roughly $8.7 million. The transactions were made under pre-arranged Rule 10b5-1 plans, limiting their signaling value, but the sales may still weigh on sentiment after AMD’s substantial rally. AMD Insider Stock Sale
• Negative Sentiment: Valuation remains a risk: AMD trades at a very high earnings multiple, leaving the stock vulnerable to profit-taking or disappointment if AI growth slows or fails to meet aggressive expectations. AMD Valuation Analysis

Insider Activity at Advanced Micro Devices

In other Advanced Micro Devices news, CEO Lisa T. Su sold 125,000 shares of Advanced Micro Devices stock in a transaction dated Wednesday, June 10th. The stock was sold at an average price of $460.69, for a total value of $57,586,250.00. Following the transaction, the chief executive officer owned 2,896,899 shares in the company, valued at $1,334,572,400.31. The trade was a 4.14% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Mark D. Papermaster sold 28,811 shares of Advanced Micro Devices stock in a transaction dated Thursday, August 20th. The shares were sold at an average price of $471.87, for a total value of $13,595,046.57. Following the completion of the transaction, the executive vice president owned 1,261,461 shares in the company, valued at approximately $595,245,602.07. This represents a 2.23% 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 210,763 shares of company stock worth $99,912,107 in the last three months. Insiders own 0.50% of the company's stock.

Advanced Micro Devices Price Performance

Shares of AMD opened at $473.25 on Monday. The firm has a 50 day simple moving average of $511.40 and a two-hundred day simple moving average of $376.46. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.61 and a quick ratio of 1.91. Advanced Micro Devices, Inc. has a one year low of $149.22 and a one year high of $584.73. The company has a market cap of $772.57 billion, a P/E ratio of 121.66 and a beta of 2.48.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last issued its earnings results on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 earnings per share for the quarter, beating 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 firm had revenue of $11.54 billion for the quarter, compared to the consensus estimate of $11.31 billion. During the same quarter last year, the business posted $0.48 EPS. The company's revenue was up 50.1% compared to the same quarter last year. Research analysts forecast that Advanced Micro Devices, Inc. will post 6.44 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

AMD has been the subject of a number of analyst reports. Raymond James Financial assumed coverage on shares of Advanced Micro Devices in a research report on Wednesday, May 6th. They issued a "market perform" rating for the company. UBS Group reissued an "overweight" rating on shares of Advanced Micro Devices in a research report on Friday, July 24th. Oppenheimer lowered Advanced Micro Devices from a "market perform" rating to a "market perform" rating in a research note on Wednesday, May 6th. Susquehanna raised their price objective on Advanced Micro Devices from $450.00 to $500.00 and gave the stock a "positive" rating in a research note on Thursday, July 30th. Finally, Robert W. Baird set a $1,250.00 target price on Advanced Micro Devices in a research report on Friday, July 24th. Three research 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 given a Sell rating to the stock. Based on data from MarketBeat.com, Advanced Micro Devices currently has an average rating of "Moderate Buy" and an average price target of $546.95.

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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