Fjarde AP Fonden Fourth Swedish National Pension Fund Has $36.48 Million Stock Position in Advanced Micro Devices, Inc. $AMD
by Amy Steele · The Cerbat GemFjarde AP Fonden Fourth Swedish National Pension Fund increased its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD – Free Report) by 18.7% during the second quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 257,102 shares of the semiconductor manufacturer’s stock after buying an additional 40,500 shares during the quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Advanced Micro Devices were worth $36,483,000 at the end of the most recent quarter.
Other institutional investors have also added to or reduced their stakes in the company. Brighton Jones LLC increased its holdings in Advanced Micro Devices by 178.2% during the 4th quarter. Brighton Jones LLC now owns 45,956 shares of the semiconductor manufacturer’s stock worth $5,551,000 after purchasing an additional 29,438 shares in the last quarter. Revolve Wealth Partners LLC increased its holdings in Advanced Micro Devices by 2.9% during the 4th quarter. Revolve Wealth Partners LLC now owns 8,283 shares of the semiconductor manufacturer’s stock worth $1,001,000 after purchasing an additional 234 shares in the last quarter. Golden State Wealth Management LLC increased its holdings in Advanced Micro Devices by 7.8% during the 1st quarter. Golden State Wealth Management LLC now owns 8,867 shares of the semiconductor manufacturer’s stock worth $911,000 after purchasing an additional 638 shares in the last quarter. Joel Isaacson & Co. LLC increased its holdings in Advanced Micro Devices by 7.4% during the 1st quarter. Joel Isaacson & Co. LLC now owns 2,851 shares of the semiconductor manufacturer’s stock worth $293,000 after purchasing an additional 196 shares in the last quarter. Finally, Hills Bank & Trust Co increased its holdings in Advanced Micro Devices by 8.2% during the 1st quarter. Hills Bank & Trust Co now owns 8,368 shares of the semiconductor manufacturer’s stock worth $860,000 after purchasing an additional 637 shares in the last quarter. 71.34% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of analysts have commented on AMD shares. Wells Fargo & Company boosted their price objective on Advanced Micro Devices from $185.00 to $275.00 and gave the stock an “overweight” rating in a report on Tuesday, October 7th. Melius Research set a $300.00 target price on Advanced Micro Devices in a report on Monday, October 6th. HSBC upped their target price on Advanced Micro Devices from $185.00 to $310.00 and gave the company a “buy” rating in a report on Wednesday, October 15th. Citigroup upped their target price on Advanced Micro Devices from $180.00 to $215.00 and gave the company a “neutral” rating in a report on Tuesday, October 7th. Finally, Bank of America upped their target price on Advanced Micro Devices from $250.00 to $300.00 and gave the company a “buy” rating in a report on Friday, October 17th. Three research analysts have rated the stock with a Strong Buy rating, twenty-six have issued a Buy rating, ten have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $233.94.
Check Out Our Latest Report on Advanced Micro Devices
Insider Buying and Selling at Advanced Micro Devices
In other Advanced Micro Devices news, EVP Mark D. Papermaster sold 16,800 shares of the stock in a transaction on Wednesday, October 15th. The stock was sold at an average price of $224.28, for a total transaction of $3,767,904.00. Following the completion of the transaction, the executive vice president directly owned 1,714,505 shares of the company’s stock, valued at approximately $384,529,181.40. This represents a 0.97% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP Paul Darren Grasby sold 10,000 shares of the stock in a transaction on Tuesday, August 12th. The shares were sold at an average price of $173.21, for a total value of $1,732,100.00. Following the transaction, the executive vice president directly owned 125,505 shares of the company’s stock, valued at approximately $21,738,721.05. This trade represents a 7.38% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 274,118 shares of company stock valued at $46,180,719 in the last quarter. Insiders own 0.06% of the company’s stock.
Advanced Micro Devices Price Performance
Shares of NASDAQ AMD opened at $259.67 on Tuesday. The stock has a fifty day simple moving average of $183.76 and a two-hundred day simple moving average of $148.62. Advanced Micro Devices, Inc. has a 1-year low of $76.48 and a 1-year high of $260.42. The firm has a market cap of $421.40 billion, a price-to-earnings ratio of 149.24, a price-to-earnings-growth ratio of 2.31 and a beta of 1.90. The company has a current ratio of 2.49, a quick ratio of 1.81 and a debt-to-equity ratio of 0.05.
Advanced Micro Devices (NASDAQ:AMD – Get Free Report) last announced its quarterly earnings data on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 earnings per share for the quarter, missing the consensus estimate of $0.54 by ($0.06). Advanced Micro Devices had a net margin of 9.57% and a return on equity of 7.54%. The firm had revenue of $7.69 billion for the quarter, compared to the consensus estimate of $7.41 billion. During the same period last year, the company posted $0.69 earnings per share. Advanced Micro Devices’s revenue for the quarter was up 31.7% on a year-over-year basis. Advanced Micro Devices has set its Q3 2025 guidance at EPS. Analysts anticipate that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current year.
Advanced Micro Devices Profile
Advanced Micro Devices, Inc operates as a semiconductor company worldwide. It operates through Data Center, Client, Gaming, and Embedded segments. The company offers x86 microprocessors and graphics processing units (GPUs) as an accelerated processing unit, chipsets, data center, and professional GPUs; and embedded processors, and semi-custom system-on-chip (SoC) products, microprocessor and SoC development services and technology, data processing unites, field programmable gate arrays (FPGA), and adaptive SoC products.
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