Dai ichi Life Insurance Company Ltd Reduces Holdings in Advanced Micro Devices, Inc. $AMD

Dai ichi Life Insurance Company Ltd trimmed its holdings in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 2.5% in the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 90,214 shares of the semiconductor manufacturer’s stock after selling 2,325 shares during the quarter. Dai ichi Life Insurance Company Ltd’s holdings in Advanced Micro Devices were worth $18,352,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in AMD. Gabelli Funds LLC raised its holdings in Advanced Micro Devices by 10.8% in the 1st quarter. Gabelli Funds LLC now owns 53,434 shares of the semiconductor manufacturer’s stock worth $10,870,000 after purchasing an additional 5,207 shares during the period. Hilltop Holdings Inc. grew its holdings in Advanced Micro Devices by 361.2% during the first quarter. Hilltop Holdings Inc. now owns 19,309 shares of the semiconductor manufacturer’s stock valued at $3,928,000 after purchasing an additional 15,122 shares during the period. Point Break Capital Management LLC bought a new stake in Advanced Micro Devices during the first quarter valued at about $1,880,000. Pennington Partners & CO. LLC increased its position in Advanced Micro Devices by 14.5% in the first quarter. Pennington Partners & CO. LLC now owns 1,242 shares of the semiconductor manufacturer’s stock worth $253,000 after buying an additional 157 shares in the last quarter. Finally, GC Wealth Management RIA LLC increased its position in Advanced Micro Devices by 16.8% in the first quarter. GC Wealth Management RIA LLC now owns 16,212 shares of the semiconductor manufacturer’s stock worth $3,298,000 after buying an additional 2,326 shares in the last quarter. 71.34% of the stock is owned by hedge funds and other institutional investors.

Advanced Micro Devices Stock Down 3.3%

NASDAQ AMD opened at $521.95 on Friday. The stock’s 50 day moving average is $512.60 and its 200 day moving average is $340.69. The company has a current ratio of 2.72, a quick ratio of 1.96 and a debt-to-equity ratio of 0.04. Advanced Micro Devices, Inc. has a 12 month low of $149.22 and a 12 month high of $584.73. The stock has a market cap of $851.09 billion, a PE ratio of 171.13, a P/E/G ratio of 1.57 and a beta of 2.47.

Advanced Micro Devices (NASDAQ:AMD) last announced its quarterly earnings data on Tuesday, May 5th. The semiconductor manufacturer reported $1.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.29 by $0.08. The business had revenue of $10.25 billion during the quarter, compared to analyst estimates of $9.90 billion. Advanced Micro Devices had a net margin of 13.37% and a return on equity of 9.55%. The company’s revenue was up 37.8% on a year-over-year basis. During the same period last year, the firm posted $0.96 EPS. Research analysts predict that Advanced Micro Devices, Inc. will post 6.25 EPS for the current fiscal year.

Analyst Ratings Changes

A number of research firms have recently weighed in on AMD. Raymond James Financial started coverage on Advanced Micro Devices in a research report on Wednesday, May 6th. They set a “market perform” rating on the stock. Northland Securities reaffirmed a “market perform” rating and set a $260.00 price target on shares of Advanced Micro Devices in a report on Monday, April 27th. Roth Capital upped their price target on shares of Advanced Micro Devices from $500.00 to $650.00 and gave the stock a “buy” rating in a research report on Friday. Weiss Ratings raised shares of Advanced Micro Devices from a “hold (c)” rating to a “hold (c+)” rating in a research note on Wednesday, May 6th. Finally, Robert W. Baird set a $1,250.00 price objective on shares of Advanced Micro Devices in a research report on Friday. Two equities research analysts have rated the stock with a Strong Buy rating, thirty have assigned a Buy rating, eleven have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Advanced Micro Devices currently has an average rating of “Moderate Buy” and a consensus price target of $522.43.

Insider Activity

In other Advanced Micro Devices news, Director Nora Denzel sold 8,626 shares of the business’s stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $522.00, for a total value of $4,502,772.00. Following the sale, the director owned 87,173 shares in the company, valued at $45,504,306. The trade was a 9.00% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Paul Darren Grasby sold 24,376 shares of the 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 transaction, the executive vice president directly owned 105,222 shares of the company’s stock, valued at $46,759,604.58. This trade represents a 18.81% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 310,310 shares of company stock valued at $141,185,456 in the last quarter. Company insiders own 0.50% of the company’s stock.

Advanced Micro Devices News Roundup

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

• Positive Sentiment: AMD and Cerebras announced a technical partnership to combine Helios and Wafer-Scale Engine technology, aiming for faster, more efficient AI inference and up to 5x higher tokens per second per watt. AMD and Cerebras Announce Industry-Leading Ultra-Low-Latency and High Throughput AI Inference Solution
• Positive Sentiment: Wedbush raised its price target to $600, and several other firms also boosted targets after AMD’s Advancing AI 2026 event, signaling stronger Wall Street confidence in AMD’s AI data center growth. AMD price target boosted on strengthening AI outlook
• Positive Sentiment: Other commentary highlighted AMD’s new Helios AI rack system, expanded OpenAI and Anthropic-related demand, and multiple bullish analyst notes, all of which support the view that AMD is gaining share in AI infrastructure. AMD plans to invest to up $5 billion into Anthropic as it seeks to cut into Nvidia’s dominance
• Neutral Sentiment: Short-interest data showed no meaningful change in practice, with reported short interest listed as zero shares, so this item does not appear to be a real trading catalyst.
• Neutral Sentiment: The broader semiconductor sector pulled back on valuation and profit-taking concerns, which may be weighing on AMD even as company-specific AI news remains constructive. Semiconductor Crossroads: Healthy Consolidation or Deeper Repricing?
• Negative Sentiment: AMD also appeared in reports about an AI-chip selloff and weaker risk appetite, suggesting some investors are taking profits after the stock’s strong run. AI Memory Stocks Lead Chip Selloff

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.