Swedbank AB Buys 1,079,198 Shares of Advanced Micro Devices, Inc. $AMD

Key Points

• Swedbank AB boosted its AMD stake by 79.7%, acquiring 1,079,198 shares to hold 2,433,472 shares (about 0.15% of AMD) valued at roughly $521.15 million per its SEC filing.
• AMD beat Q1 estimates and raised Q2 revenue guidance—driven by a surge in AI/data‑center sales—which triggered analyst upgrades and a rally (stock up ~4%, market cap ~ $579B).
• Despite the strong results, insiders have been selling (CEO Lisa Su sold 85,000 shares; 304,672 shares sold in the last three months) and analysts flag potential supply (packaging) constraints and valuation risks.

Swedbank AB boosted its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 79.7% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 2,433,472 shares of the semiconductor manufacturer's stock after acquiring an additional 1,079,198 shares during the quarter. Swedbank AB owned approximately 0.15% of Advanced Micro Devices worth $521,152,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its position in shares of Advanced Micro Devices by 1.6% in the 4th quarter. Vanguard Group Inc. now owns 158,522,860 shares of the semiconductor manufacturer's stock valued at $33,949,256,000 after acquiring an additional 2,525,109 shares during the period. State Street Corp raised its position in shares of Advanced Micro Devices by 2.4% in the 3rd quarter. State Street Corp now owns 73,824,441 shares of the semiconductor manufacturer's stock valued at $11,944,056,000 after acquiring an additional 1,755,182 shares during the period. Amundi raised its position in shares of Advanced Micro Devices by 17.5% in the 3rd quarter. Amundi now owns 13,486,227 shares of the semiconductor manufacturer's stock valued at $2,181,937,000 after acquiring an additional 2,012,865 shares during the period. Invesco Ltd. raised its position in shares of Advanced Micro Devices by 6.5% in the 3rd quarter. Invesco Ltd. now owns 13,348,413 shares of the semiconductor manufacturer's stock valued at $2,159,640,000 after acquiring an additional 813,844 shares during the period. Finally, Legal & General Group Plc raised its position in shares of Advanced Micro Devices by 1.7% in the 3rd quarter. Legal & General Group Plc now owns 11,579,113 shares of the semiconductor manufacturer's stock valued at $1,873,385,000 after acquiring an additional 191,590 shares during the period. 71.34% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on AMD. Royal Bank Of Canada increased their target price on Advanced Micro Devices from $230.00 to $325.00 and gave the stock a "sector perform" rating in a research note on Friday, May 1st. Phillip Securities upgraded shares of Advanced Micro Devices from a "moderate buy" rating to a "strong-buy" rating in a report on Sunday, February 8th. HSBC downgraded shares of Advanced Micro Devices from a "buy" rating to a "hold" rating and lifted their price objective for the company from $335.00 to $340.00 in a report on Monday. Stifel Nicolaus raised their target price on shares of Advanced Micro Devices from $280.00 to $320.00 and gave the company a "buy" rating in a research note on Monday, April 20th. Finally, Jefferies Financial Group reissued a "buy" rating on shares of Advanced Micro Devices in a research note on Tuesday, February 24th. One analyst has rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating and eight have assigned a Hold rating to the company's stock. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $314.92.

Advanced Micro Devices Trading Up 4.0%

AMD stock opened at $355.26 on Wednesday. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.85 and a quick ratio of 2.01. The company has a fifty day moving average price of $235.61 and a two-hundred day moving average price of $229.21. Advanced Micro Devices, Inc. has a one year low of $96.88 and a one year high of $362.79. The stock has a market cap of $579.19 billion, a price-to-earnings ratio of 134.06, a price-to-earnings-growth ratio of 1.23 and a beta of 2.40.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last posted its earnings results on Tuesday, May 5th. The semiconductor manufacturer reported $1.37 earnings per share for the quarter, topping analysts' consensus estimates of $1.29 by $0.08. The company had revenue of $10.25 billion during the quarter, compared to the consensus estimate of $9.90 billion. Advanced Micro Devices had a return on equity of 8.84% and a net margin of 12.52%.The company's revenue was up 37.8% on a year-over-year basis. During the same quarter last year, the firm earned $0.96 earnings per share. Equities analysts anticipate that Advanced Micro Devices, Inc. will post 5.82 EPS for the current year.

Key Advanced Micro Devices News

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

• Positive Sentiment: Q1 beat and bullish guidance — AMD reported above-consensus Q1 results and raised Q2 revenue guidance (roughly $10.9B–$11.5B / ~$11.2B midpoint), driven by a big jump in data-center (AI) sales; that beat-and-raise is the primary catalyst for the rally. Read More.
• Positive Sentiment: AI & data-center demand conviction — Management highlighted strong EPYC/Instinct adoption and secured memory supply for AI deployments, supporting multi‑quarter revenue visibility for server CPUs and accelerators. Read More.
• Positive Sentiment: Analyst upgrades and higher price targets — Multiple firms raised ratings/targets (Goldman, Truist, Wedbush, Bernstein among others), adding momentum and buy-side conviction after the results. Read More.
• Neutral Sentiment: Macro tailwind — improved risk sentiment from reports of progress toward a U.S.‑Iran deal lifted futures and helped tech names broadly, amplifying AMD’s earnings move. Read More.
• Neutral Sentiment: Partnerships & ecosystem traction — recent cloud and partner announcements (e.g., Zyphra, Riot expansions) validate product wins but are longer‑lead revenue signals rather than immediate upside. Read More.
• Negative Sentiment: Supply‑chain and production constraints — analysts and industry write‑ups flag packaging (CoWoS) bottlenecks and capacity limits that could cap near‑term fulfillment, a key reason some investors remain cautious. Read More.
• Negative Sentiment: Valuation and profit‑taking concerns — HSBC and others flagged valuation/peak expectations ahead of earnings; notable insider/institutional selling and rotations have been reported, creating downside risk if guidance or margins slip. Read More.
• Negative Sentiment: Near‑term margin/price risks — management noted that rising memory/pricing dynamics could pressure PC/gaming end markets even as AI/data‑center revenue accelerates, which investors will watch for in upcoming quarters. Read More.

Insider Transactions 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 transaction of $16,895,450.00. Following the sale, the chief executive officer directly owned 3,146,006 shares in the company, valued at approximately $625,331,612.62. The trade was a 2.63% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, EVP Forrest Eugene Norrod sold 19,450 shares of the business's stock in a transaction dated 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 owned 289,098 shares in the company, valued at approximately $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. In the last three months, insiders have sold 304,672 shares of company stock valued at $70,135,070. 0.50% of the stock is currently owned by company insiders.

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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