Formuepleje A S Purchases New Position in Advanced Micro Devices, Inc. $AMD

Key Points

• Formuepleje A S acquired 8,389 AMD shares in the second quarter, valued at approximately $4.87 million. Institutional investors collectively own 71.34% of AMD.
• AMD insiders sold 232,577 shares worth about $109.5 million over the past 90 days, including significant sales by executives Mark Papermaster and Forrest Norrod under pre-arranged trading plans.
• AMD reported strong quarterly results, with revenue rising 50.1% year over year to $11.54 billion and earnings of $1.66 per share. However, the stock’s valuation remains elevated at roughly 123 times earnings, despite a consensus “Moderate Buy” rating and $553.72 analyst price target.

Formuepleje A S acquired a new position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 8,389 shares of the semiconductor manufacturer's stock, valued at approximately $4,873,000.

Several other institutional investors and hedge funds have also added to or reduced their stakes in the stock. First National Bank of Hutchinson boosted its holdings in Advanced Micro Devices by 0.4% in the second quarter. First National Bank of Hutchinson now owns 5,639 shares of the semiconductor manufacturer's stock valued at $3,276,000 after acquiring an additional 22 shares during the last quarter. Delta Asset Management LLC TN raised its holdings in Advanced Micro Devices by 1.5% during the 2nd quarter. Delta Asset Management LLC TN now owns 1,497 shares of the semiconductor manufacturer's stock worth $870,000 after purchasing an additional 22 shares during the last quarter. Park Place Capital Corp lifted its position in shares of Advanced Micro Devices by 19.5% in the 2nd quarter. Park Place Capital Corp now owns 141 shares of the semiconductor manufacturer's stock worth $82,000 after purchasing an additional 23 shares during the period. Clal Insurance Enterprises Holdings Ltd lifted its position in shares of Advanced Micro Devices by 12.8% in the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 212 shares of the semiconductor manufacturer's stock worth $43,000 after purchasing an additional 24 shares during the period. Finally, Round Rock Advisors LLC boosted its stake in shares of Advanced Micro Devices by 2.3% in the 2nd quarter. Round Rock Advisors LLC now owns 1,048 shares of the semiconductor manufacturer's stock valued at $609,000 after purchasing an additional 24 shares during the last quarter. Institutional investors own 71.34% of the company's stock.

Insider Buying and Selling

In related news, EVP Mark D. Papermaster sold 28,811 shares of the company's stock in a transaction that occurred on Thursday, August 20th. The stock was sold at an average price of $471.87, for a total transaction of $13,595,046.57. Following the transaction, the executive vice president directly owned 1,261,461 shares of the company's stock, valued at approximately $595,245,602.07. This represents a 2.23% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Forrest Norrod sold 17,261 shares of the stock in a transaction that occurred on Monday, August 24th. The stock was sold at an average price of $459.95, for a total value of $7,939,196.95. Following the completion of the transaction, the executive vice president owned 373,317 shares in the company, valued at approximately $171,707,154.15. The trade was a 4.42% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 232,577 shares of company stock worth $109,509,170 over the last 90 days. 0.50% of the stock is owned by company insiders.

Advanced Micro Devices News Roundup

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

• Positive Sentiment: AMD shares gained after the company unveiled a more than $100,000 AI workstation planned for 2027. The product reinforces AMD’s push beyond data-center chips and could expand its exposure to high-end AI systems. AMD Stock Jumps After Unveiling $100,000-Plus AI Workstation for 2027
• Positive Sentiment: One forecast sees AMD’s data-center business exceeding 70% of company revenue in 2027, based on its recent growth outpacing all other segments. If sustained, that mix shift would make AMD more leveraged to the fast-growing AI infrastructure market. Prediction: Data Center Passes 70% of AMD's Revenue in 2027
• Positive Sentiment: Several analysts and commentators argue that AMD’s strong AI performance and upcoming product ramps are not fully reflected in the valuation, with one bullish thesis suggesting substantial long-term appreciation. AMD’s latest reported quarter also showed 50.1% year-over-year revenue growth and an earnings beat.
• Neutral Sentiment: AMD and NVIDIA are pursuing different strategies for capturing AI spending. Commentary suggests AMD may benefit from the next phase of AI buildouts if customers seek more supplier diversity and alternative architectures, but the outcome remains uncertain. AMD Is Behind the AI Chip Shift Nobody Is Talking About
• Negative Sentiment: Valuation is a major concern. AMD has risen more than 200% over the past year and trades at roughly 123 times earnings, making the stock vulnerable to profit-taking or disappointment even if AI demand remains strong. AMD Is Now More Expensive Than Nvidia And Broadcom
• Negative Sentiment: Broadcom is identified as a significant competitive threat because it is building deep relationships with hyperscale customers and could capture part of the same AI infrastructure market AMD is targeting. The risk is that AMD’s growth ceiling may be lower than current expectations. AMD’s Whole AI Story Has One Threat It Cannot Ignore: Broadcom
• Negative Sentiment: Other analysis acknowledges that AI demand is real but highlights execution, competition, cyclical semiconductor conditions, and the possibility that expectations have become too aggressive. Seasonal September weakness across major indexes could also add pressure to high-beta semiconductor stocks.

Advanced Micro Devices Price Performance

Shares of NASDAQ AMD opened at $477.57 on Tuesday. The firm has a market cap of $779.62 billion, a PE ratio of 122.77, a P/E/G ratio of 4.95 and a beta of 2.48. Advanced Micro Devices, Inc. has a 12-month low of $149.22 and a 12-month high of $584.73. The company's fifty day simple moving average is $497.96 and its 200 day simple moving average is $396.52. The company has a quick ratio of 1.91, a current ratio of 2.61 and a debt-to-equity ratio of 0.03.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last posted its quarterly earnings results on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 earnings per share for the quarter, beating the consensus estimate of $1.62 by $0.04. Advanced Micro Devices had a net margin of 15.58% and a return on equity of 12.30%. The firm had revenue of $11.54 billion during the quarter, compared to the consensus estimate of $11.31 billion. During the same period in the previous year, the firm posted $0.48 earnings per share. The business's revenue was up 50.1% compared to the same quarter last year. As a group, sell-side analysts forecast that Advanced Micro Devices, Inc. will post 6.44 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on AMD shares. Susquehanna increased their price objective on shares of Advanced Micro Devices from $450.00 to $500.00 and gave the stock a "positive" rating in a research report on Thursday, July 30th. Argus upped their price target on shares of Advanced Micro Devices from $450.00 to $625.00 and gave the company a "buy" rating in a research report on Thursday, August 6th. Roth Capital increased their price target on Advanced Micro Devices from $500.00 to $650.00 and gave the stock a "buy" rating in a report on Friday, July 24th. Sanford C. Bernstein reissued an "outperform" rating and issued a $650.00 price objective on shares of Advanced Micro Devices in a research report on Wednesday, August 5th. Finally, Morgan Stanley boosted their price objective on Advanced Micro Devices from $410.00 to $465.00 and gave the company an "equal weight" rating in a research note on Wednesday, August 5th. Three research analysts have rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, Advanced Micro Devices presently has a consensus rating of "Moderate Buy" and a consensus target price of $553.72.

Advanced Micro Devices Company 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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