Varma Mutual Pension Insurance Co Has $52.02 Million Holdings in Advanced Micro Devices, Inc. $AMD

Key Points

• Varma Mutual Pension raised its stake in AMD by 31.9% in Q4 to 242,917 shares valued at about $52.02 million, with institutional and hedge fund ownership around 71.34%.
• Insiders have been net sellers recently, disposing of 304,672 shares worth roughly $70.14 million over the past 90 days (including sales by EVPs Forrest Norrod and Paul Grasby), which could weigh on sentiment if results disappoint.
• Fundamentals and market positioning remain strong: AMD beat quarterly estimates (Q1 EPS $1.53 vs. $1.32; revenue $10.27B, +34.1% YoY), is being framed as a top AI-chip play, and has seen analyst upgrades and price-target increases while trading near a 12‑month high (~$360).

Varma Mutual Pension Insurance Co grew its position in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 31.9% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 242,917 shares of the semiconductor manufacturer's stock after purchasing an additional 58,800 shares during the period. Varma Mutual Pension Insurance Co's holdings in Advanced Micro Devices were worth $52,023,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Joseph Group Capital Management acquired a new position in Advanced Micro Devices in the 4th quarter worth about $25,000. Koesten Hirschmann & Crabtree INC. increased its position in Advanced Micro Devices by 61.0% in the 3rd quarter. Koesten Hirschmann & Crabtree INC. now owns 161 shares of the semiconductor manufacturer's stock worth $26,000 after purchasing an additional 61 shares during the last quarter. ORG Wealth Partners LLC increased its position in Advanced Micro Devices by 39.7% in the 3rd quarter. ORG Wealth Partners LLC now owns 162 shares of the semiconductor manufacturer's stock worth $26,000 after purchasing an additional 46 shares during the last quarter. Key Capital Management INC acquired a new position in Advanced Micro Devices in the 4th quarter worth about $38,000. Finally, PFS Partners LLC increased its position in Advanced Micro Devices by 269.2% in the 4th quarter. PFS Partners LLC now owns 192 shares of the semiconductor manufacturer's stock worth $41,000 after purchasing an additional 140 shares during the last quarter. 71.34% of the stock is owned by institutional investors and hedge funds.

Key Advanced Micro Devices News

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

• Positive Sentiment: Market lists and sector themes continue to position AMD as a top AI-chip play, supporting demand expectations for GPUs and data-center revenue growth. Top 5 AI Stocks for May 2026: Nvidia (NVDA), AMD, Broadcom Lead Investor Watchlist
• Positive Sentiment: Technical adoption of AMD’s MI300X (ROCm migrations, bug fixes) and bullish trader chatter ahead of earnings add conviction that AI product revenue growth is real and imminent. AMD Stock (AMD) Opinions on Upcoming Earnings Report
• Positive Sentiment: Corporate demand: Riot Platforms’ expansion of AI data-center leases and a broader AMD deal point to incremental, multi-quarter GPU demand outside traditional mining customers. How Riot’s AI Data Center Pivot and Wider AMD Deal May Reshape Riot Platforms (RIOT) Investors
• Positive Sentiment: Momentum: recent strong performance (big April gains) is reinforcing momentum flows and interest from growth-focused funds and retail traders. Why AMD Stock Skyrocketed 74% in April
• Neutral Sentiment: Earnings focus: analysts expect ~33% revenue growth for Q1 and a material beat would justify current multiples; the report also raises near-term trading risk around guidance. AMD Q1 Earnings Preview: Analysts Forecast 33% Growth as Stock Rides AI Wave
• Neutral Sentiment: Options market: traders are pricing in an outsized post-earnings move (very high implied volatility), which increases both upside potential and downside risk for short-term holders. AMD Stock Options Traders Are Pricing In a Whopping $55B Price Swing after Earnings
• Negative Sentiment: Notable selling from high-profile investors: Cathie Wood trimmed a large AMD stake recently, which can sap some retail/institutional momentum and raises questions about near-term positioning. Cathie Wood Sheds Over $70M in AMD Stock, While Wall Street Remains Divided Ahead of Q1 Results
• Negative Sentiment: Heavy insider selling over the past six months (multiple executives selling shares) is a negative governance/flow signal that may pressure sentiment if earnings disappoint. AMD Stock (AMD) Opinions on Upcoming Earnings Report

Advanced Micro Devices Stock Performance

AMD opened at $360.54 on Monday. The firm has a market capitalization of $587.80 billion, a P/E ratio of 136.05, a price-to-earnings-growth ratio of 1.30 and a beta of 2.40. The stock's 50 day moving average price is $232.51 and its two-hundred day moving average price is $228.39. 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, Inc. has a 12-month low of $96.88 and a 12-month high of $362.79.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last released its earnings results on Tuesday, February 3rd. The semiconductor manufacturer reported $1.53 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.32 by $0.21. The firm had revenue of $10.27 billion for the quarter, compared to analyst estimates of $9.65 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 34.1% on a year-over-year basis. During the same quarter last year, the firm posted $1.09 EPS. On average, equities analysts forecast that Advanced Micro Devices, Inc. will post 5.82 earnings per share for the current year.

Insider Transactions at Advanced Micro Devices

In other Advanced Micro Devices news, EVP Forrest Eugene Norrod sold 19,450 shares of the firm's stock in a transaction that occurred on 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 completion of 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 position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Paul Darren Grasby sold 7,500 shares of the firm's stock in a transaction that occurred on Wednesday, March 11th. The stock was sold at an average price of $204.87, for a total value of $1,536,525.00. Following the completion of the sale, the executive vice president owned 129,598 shares of the company's stock, valued at $26,550,742.26. This represents a 5.47% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 304,672 shares of company stock worth $70,135,070 over the last 90 days. Insiders own 0.50% of the company's stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on AMD shares. Royal Bank Of Canada increased their price objective on Advanced Micro Devices from $230.00 to $325.00 and gave the company a "sector perform" rating in a report on Friday. TD Cowen reissued a "buy" rating on shares of Advanced Micro Devices in a report on Wednesday, February 25th. Sanford C. Bernstein increased their price objective on Advanced Micro Devices from $235.00 to $265.00 and gave the company a "market perform" rating in a report on Thursday, April 16th. Roth Mkm reissued a "buy" rating on shares of Advanced Micro Devices in a report on Tuesday, February 24th. Finally, Northland Securities reissued a "market perform" rating and set a $260.00 price objective on shares of Advanced Micro Devices in a report on Monday, April 27th. One analyst has rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and ten have given a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $300.05.

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.

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