6,726 Shares in Advanced Micro Devices, Inc. $AMD Bought by Oslo Pensjonsforsikring AS

Oslo Pensjonsforsikring AS purchased a new position in Advanced Micro Devices, Inc. (NASDAQ:AMD) in the first quarter, Holdings Channel.com reports. The firm purchased 6,726 shares of the semiconductor manufacturer’s stock, valued at approximately $1,368,000.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Joseph Group Capital Management purchased a new position in Advanced Micro Devices in the 4th quarter worth approximately $25,000. Cornerstone Financial Management LLC purchased a new stake in Advanced Micro Devices during the 4th quarter valued at approximately $27,000. Sarver Vrooman Wealth Advisors purchased a new stake in Advanced Micro Devices during the 4th quarter valued at approximately $27,000. Basepoint Wealth LLC purchased a new stake in Advanced Micro Devices during the 4th quarter valued at approximately $30,000. Finally, Wilkerson Advisory Group LLC bought a new stake in shares of Advanced Micro Devices during the fourth quarter valued at approximately $33,000. 71.34% of the stock is owned by institutional investors.

Advanced Micro Devices News Summary

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

• Positive Sentiment: AMD’s expanded partnership with Microsoft is the biggest near-term driver. Microsoft said it will deploy AMD’s Helios rack-scale AI systems across Azure, which boosts AMD’s credibility in AI infrastructure and signals potential multi-year revenue from cloud data centers. Article Title
• Positive Sentiment: Investors are also positioning ahead of AMD’s upcoming Advancing AI 2026 event, where the company is expected to unveil new AI products, customer wins, and roadmap details that could further strengthen the bull case. Article Title
• Positive Sentiment: Several analysts raised price targets or reiterated constructive views on AMD, pointing to stronger AI demand, better chip outlooks, and expanding hyperscaler deals. Article Title
• Positive Sentiment: Broader semiconductor strength is also helping sentiment, with chip stocks rebounding across the sector and AMD participating in the rally alongside peers like Micron and Intel. Article Title
• Neutral Sentiment: Some commentary notes that AMD’s valuation is already elevated, so the stock may need continued execution and additional AI wins to justify further upside. Article Title
• Negative Sentiment: A few articles highlight risk that insider selling and a premium valuation could cap gains if the AI rollout disappoints or momentum cools. Article Title

Insider Activity at Advanced Micro Devices

In other Advanced Micro Devices news, CEO Lisa T. Su sold 125,000 shares of the business’s stock in a transaction that occurred on Wednesday, June 10th. The stock was sold at an average price of $460.69, for a total transaction of $57,586,250.00. Following the completion of the transaction, the chief executive officer owned 2,896,899 shares in the company, valued at $1,334,572,400.31. The trade was a 4.14% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Nora Denzel sold 8,626 shares of the company’s stock in a transaction that occurred on Tuesday, June 2nd. The shares were sold at an average price of $522.00, for a total value of $4,502,772.00. Following the transaction, the director directly owned 87,173 shares in the company, valued at approximately $45,504,306. This represents a 9.00% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 341,630 shares of company stock worth $152,147,456 in the last three months. 0.50% of the stock is owned by insiders.

Advanced Micro Devices Stock Up 8.1%

NASDAQ AMD opened at $544.43 on Wednesday. The company has a quick ratio of 1.96, a current ratio of 2.72 and a debt-to-equity ratio of 0.04. Advanced Micro Devices, Inc. has a 52 week low of $149.22 and a 52 week high of $584.73. The firm has a market capitalization of $887.75 billion, a price-to-earnings ratio of 178.50, a PEG ratio of 1.46 and a beta of 2.47. The company has a fifty day moving average of $506.71 and a two-hundred day moving average of $334.80.

Advanced Micro Devices (NASDAQ:AMD) last announced its earnings results on Tuesday, May 5th. The semiconductor manufacturer reported $1.37 earnings per share for the quarter, beating the consensus estimate of $1.29 by $0.08. The business had revenue of $10.25 billion for the quarter, compared to the consensus estimate of $9.90 billion. Advanced Micro Devices had a net margin of 13.37% and a return on equity of 9.55%. The business’s revenue for the quarter was up 37.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.96 earnings per share. On average, analysts predict that Advanced Micro Devices, Inc. will post 6.25 earnings per share for the current year.

Analysts Set New Price Targets

A number of brokerages recently weighed in on AMD. HSBC lowered shares of Advanced Micro Devices from a “buy” rating to a “hold” rating and upped their target price for the stock from $335.00 to $340.00 in a research report on Monday, May 4th. Needham & Company LLC upgraded shares of Advanced Micro Devices to a “buy” rating in a report on Wednesday, May 6th. Royal Bank Of Canada boosted their price target on shares of Advanced Micro Devices from $325.00 to $400.00 and gave the stock a “sector perform” rating in a research note on Wednesday, May 6th. Stifel Nicolaus increased their price objective on shares of Advanced Micro Devices from $450.00 to $635.00 and gave the company a “buy” rating in a report on Friday, July 10th. Finally, DA Davidson raised their price objective on Advanced Micro Devices from $375.00 to $425.00 and gave the company a “buy” rating in a research report on Wednesday, May 6th. Two analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Advanced Micro Devices currently has an average rating of “Moderate Buy” and an average target price of $468.65.

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.