Dara Capital US Inc. Acquires New Position in Advanced Micro Devices, Inc. $AMD

Key Points

• Dara Capital US Inc. acquired 8,893 shares of AMD in Q4 worth about $1.905 million, roughly 1.7% of its portfolio and its 15th-largest position.
• Several large institutions (Jennison, Wellington, Assenagon, Nordea, Rafferty) materially increased holdings, leaving institutional ownership at 71.34% and supporting a MarketBeat consensus of a "Moderate Buy" with an average price target of $290.19.
• AMD reported strong quarterly results (EPS $1.53 vs $1.32; revenue $10.27B, +34% Y/Y) and the stock was up ~3.5%, but insiders have been net sellers — 242,685 shares (~$50.8M) sold in the last 90 days and insiders now own 0.50%.

Dara Capital US Inc. acquired a new stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 8,893 shares of the semiconductor manufacturer's stock, valued at approximately $1,905,000. Advanced Micro Devices accounts for approximately 1.7% of Dara Capital US Inc.'s portfolio, making the stock its 15th biggest position.

A number of other hedge funds also recently made changes to their positions in AMD. Jennison Associates LLC bought a new position in shares of Advanced Micro Devices during the 3rd quarter valued at approximately $626,826,000. Wellington Management Group LLP grew its stake in shares of Advanced Micro Devices by 335.9% during the 3rd quarter. Wellington Management Group LLP now owns 4,847,825 shares of the semiconductor manufacturer's stock valued at $784,330,000 after acquiring an additional 3,735,807 shares during the period. Assenagon Asset Management S.A. grew its stake in shares of Advanced Micro Devices by 104.4% during the 4th quarter. Assenagon Asset Management S.A. now owns 5,991,297 shares of the semiconductor manufacturer's stock valued at $1,283,096,000 after acquiring an additional 3,059,935 shares during the period. Nordea Investment Management AB grew its stake in shares of Advanced Micro Devices by 203.7% during the 3rd quarter. Nordea Investment Management AB now owns 3,905,148 shares of the semiconductor manufacturer's stock valued at $631,892,000 after acquiring an additional 2,619,294 shares during the period. Finally, Rafferty Asset Management LLC grew its stake in shares of Advanced Micro Devices by 56.0% during the 2nd quarter. Rafferty Asset Management LLC now owns 6,772,923 shares of the semiconductor manufacturer's stock valued at $961,078,000 after acquiring an additional 2,430,533 shares during the period. 71.34% of the stock is currently owned by institutional investors.

Trending Headlines about Advanced Micro Devices

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

• Positive Sentiment: TSMC’s strong Q1 revenue and reported surge in chip orders is being read as a leading indicator for AI silicon demand — a direct tailwind for AMD’s EPYC/GPU server exposure. Read More.
• Positive Sentiment: Sector AI rally: coverage shows investors rotating into multiple AI‑compute suppliers (including AMD) as the AI infrastructure narrative broadens beyond a single winner, supporting near‑term momentum. Read More.
• Positive Sentiment: Analyst and bank support: Bank of America and other shops are highlighting AMD as a top AI‑compute buy, and select boutiques have raised targets — this endorsement helps fuel demand from institutional and retail buyers. Read More.
• Positive Sentiment: Institutional positioning: filings show large holders adding or maintaining big stakes (Vanguard, State Street, etc.), which supports price stability and upside momentum. Read More.
• Neutral Sentiment: Upcoming earnings (May 5) — a concrete catalyst that could reinforce the rally if data‑center revenue surprises, or trigger volatility if guidance disappoints. Read More.
• Neutral Sentiment: Valuation debate: some outlets flag a rich forward P/E, prompting discussion about how much growth is already priced in — this creates mixed investor opinions on further near‑term upside. Read More.
• Negative Sentiment: Insider and high‑profile selling: executive sales (e.g., Mark Papermaster via a 10b5‑1 plan) and reports of large manager sell‑downs can create headline pressure despite being routine or planned. Read More. Read More.
• Negative Sentiment: Structural competition risk: analysis noting hyperscalers’ shift toward Arm/custom silicon remains a longer‑term headwind for x86‑dependent suppliers if cloud providers accelerate proprietary designs. Read More.

Insider Buying and Selling at Advanced Micro Devices

In other news, SVP Ava Hahn sold 2,442 shares of the company's stock in a transaction that occurred on Friday, January 16th. The stock was sold at an average price of $234.42, for a total transaction of $572,453.64. Following the sale, the senior vice president directly owned 16,359 shares of the company's stock, valued at $3,834,876.78. This represents a 12.99% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 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 value of $4,216,954.50. Following the sale, the executive vice president directly owned 289,098 shares in the company, valued at $62,679,337.38. This trade represents a 6.30% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 242,685 shares of company stock worth $50,757,308. Company insiders own 0.50% of the company's stock.

Analyst Ratings Changes

A number of research firms recently commented on AMD. KeyCorp reissued an "overweight" rating and issued a $330.00 price target on shares of Advanced Micro Devices in a report on Tuesday, February 24th. Wall Street Zen raised Advanced Micro Devices from a "hold" rating to a "buy" rating in a report on Monday, January 26th. Citigroup lowered their price target on Advanced Micro Devices from $260.00 to $248.00 and set a "neutral" rating on the stock in a report on Monday, April 6th. Roth Mkm reissued a "buy" rating on shares of Advanced Micro Devices in a report on Tuesday, February 24th. Finally, Weiss Ratings reissued a "hold (c+)" rating on shares of Advanced Micro Devices in a report on Monday, December 29th. One analyst has rated the stock with a Strong Buy rating, thirty have issued a Buy rating and nine have issued a Hold rating to the company's stock. According to MarketBeat, Advanced Micro Devices presently has a consensus rating of "Moderate Buy" and an average price target of $290.19.

Advanced Micro Devices Stock Up 3.5%

Shares of AMD opened at $245.04 on Friday. The stock has a market capitalization of $399.50 billion, a price-to-earnings ratio of 92.47, a price-to-earnings-growth ratio of 0.91 and a beta of 1.96. Advanced Micro Devices, Inc. has a 1 year low of $83.75 and a 1 year high of $267.08. The business's 50 day simple moving average is $208.07 and its 200-day simple moving average is $217.38. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.85 and a quick ratio of 2.01.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last issued its quarterly earnings data on Tuesday, February 3rd. The semiconductor manufacturer reported $1.53 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.32 by $0.21. The business had revenue of $10.27 billion for 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 company's revenue for the quarter was up 34.1% on a year-over-year basis. During the same period in the prior year, the firm earned $1.09 EPS. As a group, equities analysts expect that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current fiscal year.

About Advanced Micro Devices

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.

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.