Mirae Asset Global Investments Co. Ltd. Grows Stock Position in Advanced Micro Devices, Inc. $AMD

Key Points

• Mirae Asset increased its position in AMD by 11.8% in Q4 to 1,779,309 shares (about $381.06M), making AMD its 11th-largest holding and roughly 1.1% of Mirae's portfolio.
• Several large institutions also upped or initiated stakes as AMD beat quarterly estimates (EPS $1.53 vs. $1.32; revenue $10.27B, +34% YoY), lifting the stock and leaving analysts with a consensus "Moderate Buy" and an average target near $291.
• Despite institutional buying, notable insider selling occurred — CEO Lisa T. Su sold 85,000 shares (~$16.9M) and insiders sold ~240,243 shares (~$50.2M) over the past three months, which some investors view as a potential warning sign.

Mirae Asset Global Investments Co. Ltd. raised its position in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 11.8% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,779,309 shares of the semiconductor manufacturer's stock after buying an additional 187,514 shares during the quarter. Advanced Micro Devices comprises about 1.1% of Mirae Asset Global Investments Co. Ltd.'s holdings, making the stock its 11th largest position. Mirae Asset Global Investments Co. Ltd. owned about 0.11% of Advanced Micro Devices worth $381,057,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Jennison Associates LLC bought a new stake in Advanced Micro Devices in the 3rd quarter valued at about $626,826,000. Wellington Management Group LLP boosted its position in Advanced Micro Devices by 335.9% during the third quarter. Wellington Management Group LLP now owns 4,847,825 shares of the semiconductor manufacturer's stock worth $784,330,000 after purchasing an additional 3,735,807 shares during the period. Assenagon Asset Management S.A. increased its stake in shares of Advanced Micro Devices by 104.4% in the fourth quarter. Assenagon Asset Management S.A. now owns 5,991,297 shares of the semiconductor manufacturer's stock worth $1,283,096,000 after purchasing an additional 3,059,935 shares in the last quarter. Nordea Investment Management AB increased its stake in shares of Advanced Micro Devices by 203.7% in the third quarter. Nordea Investment Management AB now owns 3,905,148 shares of the semiconductor manufacturer's stock worth $631,892,000 after purchasing an additional 2,619,294 shares in the last quarter. Finally, Rafferty Asset Management LLC raised its position in shares of Advanced Micro Devices by 56.0% in the second quarter. Rafferty Asset Management LLC now owns 6,772,923 shares of the semiconductor manufacturer's stock valued at $961,078,000 after purchasing an additional 2,430,533 shares during the period. Hedge funds and other institutional investors own 71.34% of the company's stock.

Advanced Micro Devices Trading Up 7.8%

NASDAQ AMD opened at $278.26 on Friday. The stock's 50-day simple moving average is $211.21 and its two-hundred day simple moving average is $219.74. The company has a market capitalization of $453.66 billion, a price-to-earnings ratio of 105.00, a PEG ratio of 0.95 and a beta of 1.96. Advanced Micro Devices, Inc. has a twelve month low of $83.75 and a twelve month high of $279.34. The company has a quick ratio of 2.01, a current ratio of 2.85 and a debt-to-equity ratio of 0.04.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last issued its earnings results 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. Advanced Micro Devices had a return on equity of 8.84% and a net margin of 12.52%.The business had revenue of $10.27 billion during the quarter, compared to analyst estimates of $9.65 billion. During the same quarter in the prior year, the firm earned $1.09 earnings per share. Advanced Micro Devices's revenue for the quarter was up 34.1% on a year-over-year basis. Research analysts forecast that Advanced Micro Devices, Inc. will post 3.87 EPS for the current fiscal year.

Insider Buying and Selling at Advanced Micro Devices

In other news, CEO Lisa T. Su sold 85,000 shares of the business's stock in a transaction dated Thursday, March 12th. The stock was sold at an average price of $198.77, for a total value of $16,895,450.00. Following the completion of the sale, the chief executive officer owned 3,146,006 shares of the company's stock, valued at approximately $625,331,612.62. The trade was a 2.63% decrease in their position. The transaction 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 stock in a transaction dated Wednesday, February 11th. The shares were sold at an average price of $216.81, for a total value of $4,216,954.50. Following the sale, the executive vice president owned 289,098 shares of the company's stock, valued at $62,679,337.38. This represents a 6.30% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 240,243 shares of company stock valued at $50,184,855. Company insiders own 0.50% of the company's stock.

Wall Street Analyst Weigh In

A number of brokerages recently commented on AMD. Wedbush restated an "outperform" rating and set a $290.00 price target on shares of Advanced Micro Devices in a research note on Wednesday, February 4th. KeyCorp reaffirmed an "overweight" rating and issued a $330.00 price target on shares of Advanced Micro Devices in a report on Tuesday, February 24th. Wells Fargo & Company reiterated an "overweight" rating and set a $345.00 price objective on shares of Advanced Micro Devices in a research note on Friday, January 30th. Royal Bank Of Canada restated a "sector perform" rating and issued a $230.00 target price on shares of Advanced Micro Devices in a research note on Monday, March 16th. Finally, Rosenblatt Securities reaffirmed a "buy" rating and set a $300.00 target price on shares of Advanced Micro Devices in a report on Wednesday, February 4th. One equities research analyst has rated the stock with a Strong Buy rating, thirty have issued a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $291.03.

Advanced Micro Devices News Roundup

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

• Positive Sentiment: TSMC’s blowout guide and upbeat outlook lifted semiconductor sentiment and is a direct read‑through for AMD because TSMC makes AMD’s MI350/MI450 accelerators and next‑gen EPYC CPUs. Strong foundry demand supports higher revenue expectations for AMD. AMD Rips Higher As TSMC's Blowout Guide Lights Up The Stock
• Positive Sentiment: New multi‑year collaboration with the French government (hardware, software, training and an exascale project) boosts AMD’s sovereign‑AI and data‑center positioning — a tangible near‑term customer/PR win. AMD climbs 3.4% as France AI partnership news and upbeat TSMC earnings buoy chip sentiment
• Positive Sentiment: Wall Street bullishness and price‑target lifts (including Bernstein and other analysts raising targets/ratings) are reinforcing the rally and drawing momentum buying. ‘Keep Buying,’ Says Top Analyst as AMD Stock Hits New High
• Positive Sentiment: Product catalysts: continued excitement around AMD’s MI450 accelerator (and MI350 traction) — if real-world performance matches expectations, that materially increases AMD’s AI server TAM. AMD's MI450 Chip Could Change Everything for the Stock. Here's What Investors Need to Know Before It Launches.
• Positive Sentiment: Strategic investments: AMD joined Qualcomm and Arm in a funding round for self‑driving startup Wayve — signals AMD is investing in adjacent AI/edge use cases that can expand long‑term demand. Wayve Snags $60M In New Investments from AMD, Qualcomm, and Arm
• Neutral Sentiment: Media pieces comparing AMD/NVIDIA performance are driving narrative flows (debates about who wins AI datacenter share). These stories increase attention but don’t change fundamentals immediately. Nvidia Stock Is Being Crushed by AMD, Intel. Why It's Still a Winner.
• Neutral Sentiment: Momentum/technical signals: AMD has extended a multi‑day winning streak and hit record highs, which attracts momentum traders but raises overbought/correction risk. AMD Stock Surges to Record High With Unprecedented 12-Day Rally
• Neutral Sentiment: Some technical commentators warn the stock looks overbought, suggesting short‑term volatility even if fundamentals remain strong. AMD Stock Is in Overbought Territory. Is It Too Late to Snag Shares Now?
• Negative Sentiment: Certain high‑profile managers (e.g., Cathie Wood) have trimmed AMD positions — presented as rebalancing, but such headlines can sap momentum and trigger short‑term selling. Cathie Wood Keeps Selling AMD Stock. Why, and Should You?
• Negative Sentiment: Insider selling has been notable in recent filings (large executive sales), which some investors view as a cautionary signal even if sales may be for diversification/liquidity. AMD climbs 3.4% as France AI partnership news and upbeat TSMC earnings buoy chip sentiment

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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