Contrarius Group Holdings Ltd Boosts Stock Position in Advanced Micro Devices, Inc. $AMD

Contrarius Group Holdings Ltd boosted its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 27.8% in the third quarter, Holdings Channel reports. The institutional investor owned 369,882 shares of the semiconductor manufacturer’s stock after purchasing an additional 80,404 shares during the period. Advanced Micro Devices accounts for approximately 2.7% of Contrarius Group Holdings Ltd’s portfolio, making the stock its 16th biggest position. Contrarius Group Holdings Ltd’s holdings in Advanced Micro Devices were worth $59,843,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Norges Bank bought a new position in shares of Advanced Micro Devices during the second quarter valued at $3,094,662,000. Jennison Associates LLC purchased a new stake in Advanced Micro Devices during the 3rd quarter valued at about $626,826,000. Nordea Investment Management AB increased its stake in Advanced Micro Devices by 203.7% during the 3rd quarter. Nordea Investment Management AB now owns 3,905,148 shares of the semiconductor manufacturer’s stock valued at $631,892,000 after purchasing an additional 2,619,294 shares in the last quarter. Rafferty Asset Management LLC raised its holdings in Advanced Micro Devices by 56.0% in the second quarter. Rafferty Asset Management LLC now owns 6,772,923 shares of the semiconductor manufacturer’s stock worth $961,078,000 after buying an additional 2,430,533 shares during the last quarter. Finally, Vanguard Group Inc. raised its holdings in Advanced Micro Devices by 1.5% in the second quarter. Vanguard Group Inc. now owns 154,648,859 shares of the semiconductor manufacturer’s stock worth $21,944,673,000 after buying an additional 2,281,508 shares during the last quarter. 71.34% of the stock is owned by institutional investors.

Advanced Micro Devices Price Performance

Shares of NASDAQ:AMD opened at $198.62 on Tuesday. The company has a quick ratio of 2.01, a current ratio of 2.85 and a debt-to-equity ratio of 0.04. The stock has a market capitalization of $323.83 billion, a PE ratio of 74.95, a price-to-earnings-growth ratio of 0.76 and a beta of 1.98. The firm’s 50 day moving average price is $219.26 and its 200-day moving average price is $208.52. Advanced Micro Devices, Inc. has a twelve month low of $76.48 and a twelve month high of $267.08.

Advanced Micro Devices (NASDAQ:AMD) last announced its earnings results on Tuesday, February 3rd. The semiconductor manufacturer reported $1.53 EPS for the quarter, beating analysts’ consensus estimates of $1.32 by $0.21. Advanced Micro Devices had a net margin of 12.52% and a return on equity of 8.84%. The business had revenue of $10.27 billion during the quarter, compared to analysts’ expectations of $9.65 billion. During the same period in the prior year, the company earned $1.09 earnings per share. The firm’s revenue was up 34.1% on a year-over-year basis. Equities research analysts expect that Advanced Micro Devices, Inc. will post 3.87 EPS for the current year.

Insider Transactions at Advanced Micro Devices

In related news, EVP Forrest Eugene Norrod sold 19,450 shares of the firm’s stock in a transaction on Wednesday, February 11th. The stock was sold at an average price of $216.81, for a total value of $4,216,954.50. Following the transaction, the executive vice president directly owned 289,098 shares of the company’s stock, valued at approximately $62,679,337.38. This trade represents a 6.30% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Lisa T. Su sold 125,000 shares of Advanced Micro Devices stock in a transaction on Wednesday, February 11th. The shares were sold at an average price of $214.36, for a total value of $26,795,000.00. Following the transaction, the chief executive officer owned 3,152,476 shares in the company, valued at $675,764,755.36. This trade represents a 3.81% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 271,892 shares of company stock worth $58,476,908 in the last three months. Corporate insiders own 0.06% of the company’s stock.

Analyst Ratings Changes

AMD has been the subject of several analyst reports. Wall Street Zen raised shares of Advanced Micro Devices from a “hold” rating to a “buy” rating in a research report on Monday, January 26th. Barclays reiterated an “overweight” rating on shares of Advanced Micro Devices in a research note on Wednesday, November 12th. Melius Research set a $380.00 price target on Advanced Micro Devices in a research note on Wednesday, November 12th. Truist Financial set a $283.00 price objective on Advanced Micro Devices in a research report on Wednesday, February 4th. Finally, Loop Capital set a $290.00 target price on Advanced Micro Devices and gave the stock a “buy” rating in a research report on Wednesday, November 5th. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and ten have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $290.53.

Advanced Micro Devices News Roundup

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

• Positive Sentiment: Meta paused its in‑house Olympus chip and signed large supply deals with AMD (and Google), and reports say Meta may take up to a ~10% stake — a potential multi‑billion dollar customer commitment and strategic investor that materially increases AMD’s AI revenue visibility. Meta Resets AI Hardware Plan
• Positive Sentiment: Mizuho raised its price target on AMD, reflecting continued sell‑side confidence in multi‑year AI demand and hyperscaler deals. Mizuho Raises PT on AMD
• Positive Sentiment: AMD expanded U.S. manufacturing for the Instinct platform via a collaboration with Flex — strengthens supply resilience and supports large data‑center deployments in the U.S. Flex Announces U.S. Manufacturing Collaboration
• Positive Sentiment: Strategic ecosystem wins at MWC: Wind River and GSMA initiatives tie AMD compute into telco/Open RAN and AI‑RAN platforms — expands addressable market beyond hyperscalers. Wind River Announces Strategic Collaboration GSMA Launches Open Telco AI
• Positive Sentiment: Prominent investors (e.g., Cathie Wood) have added AMD in AI rotations, signaling continued institutional appetite. Cathie Wood Adds AMD
• Neutral Sentiment: AMD launched the Ryzen AI 400 desktop lineup (Copilot+ support) — expands addressable PC market for on‑device AI, but desktop chips are lower near‑term revenue leverage vs. data‑center Instinct sales. AMD Expands Ryzen AI 400 Series
• Neutral Sentiment: Industry reports list AMD among key players for hardware‑optimized diffusion model IP — supportive for long‑term TAM but not an immediate catalyst. Hardware‑Optimized Diffusion Model IP Report
• Negative Sentiment: Analysis flags a potential “OpenAI problem” — customer concentration or preferential partner dynamics with OpenAI could pose execution or demand risk for AMD’s AI roadmap. Does AMD Have an OpenAI Problem?
• Negative Sentiment: Significant insider selling reported in recent months — large disclosed sales can weigh on sentiment even when company fundamentals are strong. Insider Selling / Market Data
• Negative Sentiment: Market reaction: shares slipped despite the Ryzen AI reveal — suggests short‑term profit‑taking and sensitivity to cross‑company accounting/valuation moves (e.g., Nvidia accounting change that may alter comps). AMD Stock Slips After Ryzen AI Launch Nvidia Accounting Change Story

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.