ABN Amro Investment Solutions Purchases 43,031 Shares of Advanced Micro Devices, Inc. $AMD

ABN Amro Investment Solutions raised its position in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 13.7% during the first quarter, Holdings Channel reports. The firm owned 358,018 shares of the semiconductor manufacturer’s stock after purchasing an additional 43,031 shares during the period. Advanced Micro Devices comprises 0.9% of ABN Amro Investment Solutions’ portfolio, making the stock its 18th largest holding. ABN Amro Investment Solutions’ holdings in Advanced Micro Devices were worth $72,832,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of the company. Joseph Group Capital Management acquired a new position in shares of Advanced Micro Devices in the 4th quarter valued at about $25,000. Sarver Vrooman Wealth Advisors bought a new stake in Advanced Micro Devices in the fourth quarter worth approximately $27,000. Cornerstone Financial Management LLC bought a new stake in Advanced Micro Devices in the fourth quarter worth approximately $27,000. Basepoint Wealth LLC acquired a new position in Advanced Micro Devices in the fourth quarter valued at approximately $30,000. Finally, Main Street Group LTD acquired a new position in Advanced Micro Devices in the first quarter valued at approximately $33,000. 71.34% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

AMD has been the subject of several recent analyst reports. Evercore reaffirmed an “outperform” rating and set a $579.00 price objective on shares of Advanced Micro Devices in a research report on Tuesday, May 19th. Seaport Research Partners upgraded shares of Advanced Micro Devices from a “neutral” rating to a “buy” rating and set a $430.00 target price on the stock in a research report on Wednesday, May 6th. Cantor Fitzgerald increased their target price on shares of Advanced Micro Devices from $500.00 to $700.00 and gave the stock an “overweight” rating in a research note on Monday, June 29th. Wolfe Research set a $450.00 price target on shares of Advanced Micro Devices and gave the stock an “outperform” rating in a report on Monday, June 15th. Finally, Barclays downgraded shares of Advanced Micro Devices from an “overweight” rating to an “underweight” rating in a research note on Friday, June 12th. Two research analysts have rated the stock with a Strong Buy rating, twenty-eight have given a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $468.65.

More Advanced Micro Devices News

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

In other news, EVP Paul Darren Grasby sold 24,376 shares of the business’s stock in a transaction dated Friday, May 8th. The shares were sold at an average price of $444.39, for a total transaction of $10,832,450.64. Following the completion of the sale, the executive vice president directly owned 105,222 shares of the company’s stock, valued at $46,759,604.58. The trade was a 18.81% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, EVP Forrest Eugene Norrod sold 19,487 shares of the company’s stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $431.40, for a total transaction of $8,406,691.80. Following the completion of the sale, the executive vice president owned 324,527 shares in the company, valued at $140,000,947.80. This represents a 5.66% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 341,630 shares of company stock valued at $152,147,456. 0.50% of the stock is currently owned by insiders.

Advanced Micro Devices Price Performance

Shares of AMD opened at $544.43 on Wednesday. Advanced Micro Devices, Inc. has a 12-month low of $149.22 and a 12-month high of $584.73. The business’s fifty day moving average is $506.71 and its 200 day moving average is $334.80. The company has a quick ratio of 1.96, a current ratio of 2.72 and a debt-to-equity ratio of 0.04. The stock has a market cap of $887.75 billion, a P/E ratio of 178.50, a P/E/G ratio of 1.46 and a beta of 2.47.

Advanced Micro Devices (NASDAQ:AMD) last posted its quarterly earnings results on Tuesday, May 5th. The semiconductor manufacturer reported $1.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.29 by $0.08. The business had revenue of $10.25 billion during 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%. Advanced Micro Devices’s revenue was up 37.8% compared to the same quarter last year. During the same quarter last year, the firm posted $0.96 EPS. Sell-side analysts anticipate that Advanced Micro Devices, Inc. will post 6.25 earnings per share for the current fiscal year.

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.