Munich Reinsurance Co Stock Corp in Munich Buys 14,502 Shares of Advanced Micro Devices, Inc. $AMD

Key Points

• Munich Re raised its stake in Advanced Micro Devices by 8.4%, acquiring 14,502 shares to hold 187,213 shares worth about $40.31 million, and institutional investors now own roughly 71.34% of the stock.
• AMD posted a strong quarter—$1.53 EPS vs. $1.32 expected and revenue of $10.27 billion (up 34.1% year-over-year)—and the stock is trading near its 52-week high ($347.62 vs. $352.99) but carries a rich valuation (market cap ~$566.7B; PE ~131.18).
• Insider selling has been notable (CEO sold 125,000 shares; EVP sold 27,109; 273,352 shares sold in the last 90 days) even as analysts remain largely bullish (majority Buy ratings and an average price target of $296.44, with some recent targets raised to ~$375), highlighting momentum alongside valuation and risk concerns.

Munich Reinsurance Co Stock Corp in Munich raised its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 8.4% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 187,213 shares of the semiconductor manufacturer's stock after acquiring an additional 14,502 shares during the quarter. Munich Reinsurance Co Stock Corp in Munich's holdings in Advanced Micro Devices were worth $40,314,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Impax Asset Management Group plc boosted its stake in shares of 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 purchasing an additional 39,861 shares during the last quarter. Zweig DiMenna Associates LLC boosted its stake in shares of 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 purchasing an additional 40,708 shares during the last quarter. Wedbush Securities Inc. boosted its stake in shares of 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 purchasing an additional 6,095 shares during the last quarter. Highline Wealth Partners LLC boosted its stake in shares of 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 purchasing an additional 8,120 shares during the last quarter. Finally, William Blair Investment Management LLC boosted its stake in shares of 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 purchasing an additional 440,296 shares during the last quarter. 71.34% of the stock is currently owned by institutional investors and hedge funds.

Advanced Micro Devices Stock Performance

NASDAQ AMD opened at $347.62 on Friday. Advanced Micro Devices, Inc. has a 52-week low of $91.87 and a 52-week high of $352.99. The company has a 50-day simple moving average of $221.80 and a 200 day simple moving average of $225.08. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.01 and a current ratio of 2.85. The company has a market capitalization of $566.74 billion, a PE ratio of 131.18, a price-to-earnings-growth ratio of 1.10 and a beta of 1.96.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last posted its quarterly earnings data on Tuesday, February 3rd. The semiconductor manufacturer reported $1.53 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.32 by $0.21. Advanced Micro Devices had a net margin of 12.52% and a return on equity of 8.84%. The business had revenue of $10.27 billion during the quarter, compared to the consensus estimate of $9.65 billion. During the same quarter last year, the company posted $1.09 earnings per share. The firm's quarterly revenue was up 34.1% compared to the same quarter last year. On average, research analysts predict that Advanced Micro Devices, Inc. will post 5.78 EPS for the current year.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on AMD shares. Roth Mkm reaffirmed a "buy" rating on shares of Advanced Micro Devices in a research note on Tuesday, February 24th. UBS Group set a $310.00 target price on Advanced Micro Devices in a research note on Wednesday, February 4th. The Goldman Sachs Group raised their price objective on shares of Advanced Micro Devices from $210.00 to $240.00 and gave the company a "neutral" rating in a research note on Wednesday, February 25th. Erste Group Bank upgraded shares of Advanced Micro Devices from a "hold" rating to a "buy" rating in a report on Thursday, April 2nd. Finally, Wall Street Zen upgraded shares of Advanced Micro Devices from a "hold" rating to a "buy" rating in a report on Monday, January 26th. One investment analyst has rated the stock with a Strong Buy rating, thirty-one have issued a Buy rating and eight have assigned a Hold rating to the company. According to data from MarketBeat.com, Advanced Micro Devices currently has an average rating of "Moderate Buy" and an average price target of $296.44.

Insider Buying and Selling at Advanced Micro Devices

In other Advanced Micro Devices news, CEO Lisa T. Su sold 125,000 shares of the stock in a transaction dated Wednesday, February 11th. The shares were sold at an average price of $214.36, for a total transaction of $26,795,000.00. Following the completion of the transaction, the chief executive officer owned 3,152,476 shares in the company, valued at $675,764,755.36. This trade represents a 3.81% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Mark D. Papermaster sold 27,109 shares of the stock in a transaction dated Thursday, April 16th. The stock was sold at an average price of $275.00, for a total transaction of $7,454,975.00. Following the transaction, the executive vice president owned 1,267,357 shares of the company's stock, valued at $348,523,175. This represents a 2.09% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 273,352 shares of company stock worth $59,173,070 over the last ninety days. Company insiders own 0.50% of the company's stock.

More Advanced Micro Devices News

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

• Positive Sentiment: DA Davidson upgraded AMD to Buy and raised its price target to $375, giving Wall Street a fresh bullish read and helping push momentum. DA Davidson upgrade
• Positive Sentiment: Intel’s blowout quarter created a sector-wide rally that benefitted AMD (investors infer stronger CPU demand across hyperscalers), amplifying buying in AMD shares. CNBC: Intel halo lift
• Positive Sentiment: Stifel and other firms have lifted targets and the launch of the Ryzen 9 9950X3D2 (high-end CPU) strengthens AMD’s PC/gaming margins narrative—another demand/roadmap catalyst. Stifel target & Ryzen launch
• Positive Sentiment: Broader chip-market momentum is strong (SOXX notched a record win streak), signaling sustained investor interest in semiconductors and amplifying flows into AMD. SOXX streak
• Neutral Sentiment: ETF routes are highlighting AMD exposure—investors preferring diversified positions can use semiconductor ETFs (VanEck et al.) for indirect exposure. ETF exposure article
• Neutral Sentiment: GraniteShares’ YieldBOOST AMD ETF announced a weekly distribution; income-focused ETF products can attract a different buyer base but are not a direct signal on AMD fundamentals. GraniteShares distribution
• Negative Sentiment: Insider selling has been heavy recently (many disclosed sales, few/no buys), which some investors view as a cautionary signal on near-term positioning. QuiverQuant insider activity
• Negative Sentiment: Valuation and risk warnings: several articles note AMD’s rich multiples and argue other AI-chip names may offer more upside—heightening the risk if earnings or guidance disappoint. Fool valuation caution

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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