Munich Reinsurance Co Stock Corp in Munich Increases Stake in Advanced Micro Devices, Inc. $AMD

Key Points

• Munich Reinsurance increased its AMD stake by 10.3% in the second quarter, owning 210,813 shares valued at approximately $122.5 million. AMD represents about 2.8% of its portfolio, while institutional investors and hedge funds collectively own 71.34% of the stock.
• AMD reported quarterly earnings of $1.66 per share on $11.54 billion in revenue, exceeding estimates and marking 50.1% year-over-year revenue growth. Analysts maintain a “Moderate Buy” consensus rating with an average price target of $553.72.
• AMD shares have traded at elevated valuations, with a price-to-earnings ratio above 122, while insiders—including CEO Lisa Su—have sold shares recently. The stock opened at $477.57, below its 52-week high of $584.73.

Munich Reinsurance Co Stock Corp in Munich lifted its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 10.3% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 210,813 shares of the semiconductor manufacturer's stock after acquiring an additional 19,683 shares during the period. Advanced Micro Devices makes up about 2.8% of Munich Reinsurance Co Stock Corp in Munich's investment portfolio, making the stock its 6th largest holding. Munich Reinsurance Co Stock Corp in Munich's holdings in Advanced Micro Devices were worth $122,463,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Brighton Jones LLC lifted its holdings in shares of Advanced Micro Devices by 178.2% in the fourth quarter. Brighton Jones LLC now owns 45,956 shares of the semiconductor manufacturer's stock valued at $5,551,000 after purchasing an additional 29,438 shares in the last quarter. Revolve Wealth Partners LLC grew its holdings in shares of Advanced Micro Devices by 2.9% during the fourth quarter. Revolve Wealth Partners LLC now owns 8,283 shares of the semiconductor manufacturer's stock worth $1,001,000 after buying an additional 234 shares in the last quarter. Sivia Capital Partners LLC raised its position in Advanced Micro Devices by 125.1% in the 2nd quarter. Sivia Capital Partners LLC now owns 5,344 shares of the semiconductor manufacturer's stock valued at $758,000 after buying an additional 2,970 shares during the last quarter. United Bank raised its position in Advanced Micro Devices by 22.0% in the 2nd quarter. United Bank now owns 13,255 shares of the semiconductor manufacturer's stock valued at $1,881,000 after buying an additional 2,392 shares during the last quarter. Finally, Schnieders Capital Management LLC. lifted its stake in Advanced Micro Devices by 361.0% in the 2nd quarter. Schnieders Capital Management LLC. now owns 9,230 shares of the semiconductor manufacturer's stock valued at $1,310,000 after acquiring an additional 7,228 shares in the last quarter. 71.34% of the stock is currently owned by institutional investors and hedge funds.

Advanced Micro Devices Trading Up 4.7%

Shares of Advanced Micro Devices stock opened at $477.57 on Friday. The company has a debt-to-equity ratio of 0.03, a current ratio of 2.61 and a quick ratio of 1.91. The business has a fifty day simple moving average of $499.20 and a two-hundred day simple moving average of $393.27. Advanced Micro Devices, Inc. has a 1 year low of $149.22 and a 1 year high of $584.73. The company has a market capitalization of $779.62 billion, a price-to-earnings ratio of 122.77, a P/E/G ratio of 4.95 and a beta of 2.48.

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

Wall Street Analyst Weigh In

Several brokerages recently commented on AMD. Raymond James Financial upgraded shares of Advanced Micro Devices from an "outperform" rating to a "strong-buy" rating and increased their target price for the stock from $565.00 to $641.00 in a report on Tuesday, August 25th. Cantor Fitzgerald reiterated an "overweight" rating and issued a $700.00 price target on shares of Advanced Micro Devices in a research note on Wednesday, August 5th. Jefferies Financial Group set a $650.00 price target on shares of Advanced Micro Devices in a research report on Wednesday, August 5th. Weiss Ratings restated a "hold (c+)" rating on shares of Advanced Micro Devices in a research note on Monday, August 3rd. Finally, Barclays cut Advanced Micro Devices from an "overweight" rating to an "underweight" rating in a report on Friday, June 12th. 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 issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $553.72.

More Advanced Micro Devices News

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

• Positive Sentiment: AMD’s latest quarterly performance supports the bullish case: revenue rose 50% year over year to $11.5 billion, while data-center revenue increased 107% and represented 58% of total sales. Analysts cited strong AI partnerships, management’s favorable outlook and potential EPS doubling by fiscal 2027. AMD: Paying Up For A Ramp That's Already Been Outlined
• Positive Sentiment: Coverage highlighting AMD’s possible Saudi AI expansion and broader infrastructure deployments argues that the stock could be undervalued on long-term cash-flow assumptions, despite expensive market-based multiples. AMD Stock May Be 24% Undervalued On Saudi AI Expansion
• Positive Sentiment: Technical commentary describes AMD’s recent consolidation as a bullish flag, with a potential breakout if momentum returns. The company is also being viewed as gaining ground in data-center chips relative to Intel. AMD Stock Forecast
• Neutral Sentiment: Brokerage coverage remains broadly constructive, with AMD receiving a consensus “Moderate Buy” rating, but this does not represent a new earnings or business catalyst. AMD Given Consensus Rating of Moderate Buy
• Neutral Sentiment: AMD’s IFA 2026 presentation promoted Strix Halo, Gorgon Halo and local “agentic AI” computing, while collaborations involving ASUS and secure-AI initiatives reinforce its positioning across edge, cloud and enterprise infrastructure. AMD IFA 2026 Keynote
• Negative Sentiment: Valuation is the main risk: analysts say much of AMD’s expected growth is already reflected in the stock, with a forward P/E near 60 times and limited room for execution disappointments. Could an Investment in AMD Double?
• Negative Sentiment: ARK Invest’s reported sale of approximately $72.8 million of AMD and purchase of roughly $53 million of Nvidia highlights investor preference for AMD’s larger rival. Zacks also downgraded AMD from “strong buy” to “hold.” Cathie Wood Cuts AMD and Puts Money Into Nvidia

Insiders Place Their Bets

In other Advanced Micro Devices news, CEO Lisa Su sold 125,000 shares of the stock in a transaction dated Wednesday, June 10th. The shares were sold at an average price of $460.69, for a total value of $57,586,250.00. Following the transaction, the chief executive officer directly owned 2,896,899 shares of the company's stock, valued at $1,334,572,400.31. This represents a 4.14% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Paul Grasby sold 15,000 shares of the firm's stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $514.91, for a total transaction of $7,723,650.00. Following the sale, the executive vice president owned 117,687 shares of the company's stock, valued at $60,598,213.17. This trade represents a 11.30% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 232,577 shares of company stock worth $109,509,170 in the last 90 days. Corporate insiders own 0.50% of the company's stock.

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.

Want to see what other hedge funds are holding AMD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report).

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