Nordea Investment Management AB Has $631.89 Million Holdings in Advanced Micro Devices, Inc. $AMD

Nordea Investment Management AB boosted its position in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 203.7% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 3,905,148 shares of the semiconductor manufacturer’s stock after buying an additional 2,619,294 shares during the period. Nordea Investment Management AB owned approximately 0.24% of Advanced Micro Devices worth $631,892,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Wise Wealth Partners acquired a new stake in shares of Advanced Micro Devices in the 2nd quarter worth about $343,000. Waterfront Wealth Inc. purchased a new stake in shares of Advanced Micro Devices in the second quarter worth approximately $1,145,000. Parisi Gray Wealth Management bought a new position in shares of Advanced Micro Devices in the second quarter valued at approximately $343,000. Global Retirement Partners LLC purchased a new position in shares of Advanced Micro Devices during the second quarter valued at approximately $4,519,000. Finally, Cornercap Investment Counsel Inc. grew its holdings in Advanced Micro Devices by 43.3% during the second quarter. Cornercap Investment Counsel Inc. now owns 12,245 shares of the semiconductor manufacturer’s stock worth $1,738,000 after buying an additional 3,702 shares in the last quarter. 71.34% of the stock is currently 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: KeyBanc analyst upgrades for Intel and AMD lifted chip stocks; the note helped spark buying in AMD alongside peers. Intel Stock Gains. Why the Chip Company and AMD Got Upgrades.
• Positive Sentiment: AMD launched a new family of x86 AI edge processors (Ryzen AI Embedded P100 and X100), a product move that supports revenue/market-share upside in edge AI. Advanced Micro Devices (AMD) Launches a New Family of x86 Chips
• Positive Sentiment: High-profile bullish mentions (Jim Cramer, investor commentary) are reinforcing investor conviction in AMD’s AI chip performance and growth story. Advanced Micro Devices (AMD)’s Got Great Performing AI Chips, Says Jim Cramer
• Positive Sentiment: Market reacted to a leaked shipping manifest listing a new Ryzen 9 Pro CPU—product-leak momentum tends to lift short-term sentiment. AMD Stock Climbs on New Ryzen 9 Pro CPU Leak
• Positive Sentiment: Investor pieces and bullish research (TipRanks, Seeking Alpha, Motley Fool coverage) are promoting a “time to buy” narrative around AMD’s AI upside, supporting demand. ‘Time to Hop In,’ Says Investor About AMD Stock
• Neutral Sentiment: Zacks noted AMD outperformed the broader market in the latest session (stock closed up ~2.2% on that trading day), reflecting the combined effect of the above items. Advanced Micro Devices (AMD) Outperforms Broader Market
• Neutral Sentiment: Reported short‑interest data is effectively zero/ambiguous (data anomalies), so there’s no clear short-squeeze signal from the public numbers at this time.
• Negative Sentiment: Macro/sector headwinds and cautionary pieces (DoJ/other headlines, Forbes cautionary take on AMD’s historical volatility) could weigh on sentiment and increase downside risk during a market pullback. Why AMD Stock Can Fall
• Negative Sentiment: Pre‑market softness in chip stocks tied to macro headlines (jobs report, regulatory headlines) can pressure short‑term moves. NVDA, INTC and AMD Forecast – Microchips Slightly Negative Early on Monday

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on AMD shares. KGI Securities set a $260.00 price objective on Advanced Micro Devices and gave the company an “outperform” rating in a research note on Monday, October 13th. Cantor Fitzgerald set a $300.00 price objective on shares of Advanced Micro Devices in a research note on Tuesday, December 16th. Jefferies Financial Group set a $300.00 target price on Advanced Micro Devices and gave the stock a “positive” rating in a research note on Monday, October 6th. UBS Group increased their price target on Advanced Micro Devices from $265.00 to $300.00 and gave the company a “buy” rating in a research report on Wednesday, November 5th. Finally, HSBC boosted their price objective on Advanced Micro Devices from $185.00 to $310.00 and gave the stock a “buy” rating in a research report on Wednesday, October 15th. Three research analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and eleven have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $277.06.

Insider Buying and Selling

In other news, EVP Mark D. Papermaster sold 17,108 shares of the firm’s stock in a transaction on Friday, November 14th. The stock was sold at an average price of $240.12, for a total value of $4,107,972.96. Following the completion of the transaction, the executive vice president directly owned 1,714,505 shares of the company’s stock, valued at $411,686,940.60. This trade represents a 0.99% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Lisa T. Su sold 125,000 shares of the business’s stock in a transaction on Thursday, December 11th. The shares were sold at an average price of $215.14, for a total value of $26,892,500.00. Following the sale, the chief executive officer owned 3,277,476 shares in the company, valued at approximately $705,116,186.64. The trade was a 3.67% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 178,358 shares of company stock valued at $39,229,623. Company insiders own 0.06% of the company’s stock.

Advanced Micro Devices Trading Up 2.2%

Shares of AMD opened at $207.69 on Tuesday. Advanced Micro Devices, Inc. has a fifty-two week low of $76.48 and a fifty-two week high of $267.08. The business has a 50-day moving average of $220.29 and a 200 day moving average of $193.07. The firm has a market cap of $338.13 billion, a P/E ratio of 102.82, a price-to-earnings-growth ratio of 0.86 and a beta of 1.95. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.68 and a current ratio of 2.31.

Advanced Micro Devices (NASDAQ:AMD) last released its quarterly earnings data on Tuesday, November 4th. The semiconductor manufacturer reported $1.20 EPS for the quarter, beating the consensus estimate of $1.17 by $0.03. The business had revenue of $9.25 billion for the quarter, compared to the consensus estimate of $8.76 billion. Advanced Micro Devices had a net margin of 10.32% and a return on equity of 8.04%. The company’s revenue was up 35.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.92 earnings per share. As a group, research analysts forecast that Advanced Micro Devices, Inc. will post 3.87 EPS for the current year.

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.