National Mutual Insurance Federation of Agricultural Cooperatives Takes $11.04 Million Position in Advanced Micro Devices, Inc. $AMD

National Mutual Insurance Federation of Agricultural Cooperatives purchased a new stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 19,000 shares of the semiconductor manufacturer’s stock, valued at approximately $11,037,000.

Several other institutional investors have also added to or reduced their stakes in AMD. Norges Bank bought a new stake in shares of Advanced Micro Devices in the fourth quarter worth about $4,929,312,000. Jennison Associates LLC raised its position in Advanced Micro Devices by 181.6% during the 4th quarter. Jennison Associates LLC now owns 10,910,310 shares of the semiconductor manufacturer’s stock valued at $2,336,552,000 after purchasing an additional 7,035,991 shares during the last quarter. Cardano Risk Management B.V. bought a new position in Advanced Micro Devices during the 4th quarter valued at approximately $1,000,783,000. Wellington Management Group LLP lifted its holdings in Advanced Micro Devices by 335.9% in the 3rd quarter. Wellington Management Group LLP now owns 4,847,825 shares of the semiconductor manufacturer’s stock worth $784,330,000 after buying an additional 3,735,807 shares during the period. Finally, Franklin Resources Inc. lifted its holdings in Advanced Micro Devices by 340.1% in the 4th quarter. Franklin Resources Inc. now owns 4,747,834 shares of the semiconductor manufacturer’s stock worth $1,016,796,000 after buying an additional 3,669,054 shares during the period. Hedge funds and other institutional investors own 71.34% of the company’s stock.

Insider Activity

In related news, SVP Ava Hahn sold 143 shares of the stock in a transaction dated Tuesday, August 11th. The shares were sold at an average price of $474.75, for a total value of $67,889.25. Following the completion of the transaction, the senior vice president directly owned 17,644 shares in the company, valued at $8,376,489. This trade represents a 0.80% decrease in their position. The sale 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, Director Nora Denzel sold 8,626 shares of Advanced Micro Devices stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $522.00, for a total transaction of $4,502,772.00. Following the transaction, the director directly owned 87,173 shares of the company’s stock, valued at approximately $45,504,306. This trade represents a 9.00% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 161,077 shares of company stock worth $74,732,145. 0.50% of the stock is currently owned by corporate insiders.

Key Advanced Micro Devices News

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

• Positive Sentiment: AMD priced a record $4.75 billion senior-notes offering in four tranches maturing from 2029 through 2036. Management plans to use the capital for general corporate purposes, including expanding its AI and data-center businesses. The offering gives AMD additional financial flexibility without issuing shares, although it will increase interest expense. AMD Rises on $4.75 Billion Debt Offering
• Positive Sentiment: Analysts continue to see upside based on accelerating demand for AMD’s AI data-center processors, record data-center revenue, and potential growth in server CPUs. Reported analyst price targets reach as high as $700, supporting the bullish case despite the stock’s large year-to-date advance. AMD Stock Is Up 136% YTD. Why Wall Street Still Sees More Upside
• Positive Sentiment: A quarterly SEC filing disclosed sizable equity stakes in SpaceX and Nutanix. The investments broaden AMD’s strategic exposure to space technology and enterprise infrastructure, though the filing did not establish a direct near-term revenue impact. AMD Filing Reveals Unexpected SpaceX and Nutanix Bet

Analyst Ratings Changes

AMD has been the topic of several research analyst reports. Barclays cut Advanced Micro Devices from an “overweight” rating to an “underweight” rating in a research note on Friday, June 12th. Wedbush reaffirmed an “outperform” rating and issued a $600.00 price target on shares of Advanced Micro Devices in a research note on Wednesday, August 5th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Advanced Micro Devices in a report on Monday, August 3rd. Melius Research set a $660.00 price objective on shares of Advanced Micro Devices in a research report on Friday, July 24th. Finally, Seaport Research Partners upgraded shares of Advanced Micro Devices from a “neutral” rating to a “buy” rating and set a $430.00 price objective for the company in a report on Wednesday, May 6th. Three investment analysts have rated the stock with a Strong Buy rating, thirty-one have assigned a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $546.87.

Advanced Micro Devices Trading Down 1.6%

AMD opened at $506.00 on Tuesday. The company has a quick ratio of 1.91, a current ratio of 2.61 and a debt-to-equity ratio of 0.03. Advanced Micro Devices, Inc. has a 52 week low of $149.22 and a 52 week high of $584.73. The stock has a market cap of $826.03 billion, a PE ratio of 130.08 and a beta of 2.48. The business has a 50 day moving average of $512.08 and a 200-day moving average of $370.08.

Advanced Micro Devices (NASDAQ:AMD) last issued its quarterly earnings results on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 earnings per share for the quarter, topping the consensus estimate of $1.62 by $0.04. The company had revenue of $11.54 billion for the quarter, compared to analysts’ expectations of $11.31 billion. Advanced Micro Devices had a return on equity of 12.30% and a net margin of 15.58%.The firm’s revenue for the quarter was up 50.1% on a year-over-year basis. During the same period in the prior year, the firm earned $0.48 earnings per share. Equities research analysts predict that Advanced Micro Devices, Inc. will post 6.44 earnings per share for the current fiscal year.

Advanced Micro Devices Company 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.