Deutsche Bank AG Has $1.95 Billion Holdings in Advanced Micro Devices, Inc. $AMD

Deutsche Bank AG boosted its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 0.4% in the 4th quarter, Holdings Channel.com reports. The firm owned 9,124,413 shares of the semiconductor manufacturer’s stock after buying an additional 35,432 shares during the quarter. Advanced Micro Devices makes up 0.6% of Deutsche Bank AG’s holdings, making the stock its 19th largest holding. Deutsche Bank AG’s holdings in Advanced Micro Devices were worth $1,954,084,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently bought and sold shares of the company. Paragon Private Wealth Management LLC raised its stake in shares of Advanced Micro Devices by 16.5% in the 4th quarter. Paragon Private Wealth Management LLC now owns 2,544 shares of the semiconductor manufacturer’s stock valued at $545,000 after buying an additional 361 shares in the last quarter. GW&K Investment Management LLC raised its stake in shares of Advanced Micro Devices by 3.4% in the 4th quarter. GW&K Investment Management LLC now owns 1,626 shares of the semiconductor manufacturer’s stock valued at $348,000 after buying an additional 53 shares in the last quarter. Artesa Financial Group LLC acquired a new position in shares of Advanced Micro Devices in the 4th quarter valued at $357,000. Motley Fool Asset Management LLC raised its stake in shares of Advanced Micro Devices by 35.4% in the 4th quarter. Motley Fool Asset Management LLC now owns 151,673 shares of the semiconductor manufacturer’s stock valued at $32,482,000 after buying an additional 39,644 shares in the last quarter. Finally, Portfolio Design Labs LLC raised its stake in shares of Advanced Micro Devices by 3.2% in the 4th quarter. Portfolio Design Labs LLC now owns 14,749 shares of the semiconductor manufacturer’s stock valued at $3,159,000 after buying an additional 454 shares in the last quarter. 71.34% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Advanced Micro Devices

In related news, EVP Forrest Eugene Norrod sold 19,487 shares of the stock in a transaction dated Wednesday, May 20th. The shares were 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 trade represents a 5.66% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Paul Darren Grasby sold 24,376 shares of the stock in a transaction dated Friday, May 8th. The stock was sold at an average price of $444.39, for a total transaction of $10,832,450.64. Following the sale, the executive vice president 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. The SEC filing for this sale provides additional information. Insiders have sold a total of 332,032 shares of company stock worth $117,967,816 over the last ninety days. Company insiders own 0.50% of the company’s stock.

Trending Headlines about Advanced Micro Devices

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

• Positive Sentiment: AMD announced a planned investment of up to £2 billion over five years in the United Kingdom to expand AI innovation, advanced computing, research partnerships, and workforce development, which supports its long-term AI growth story. AMD Commits up to £2 Billion to Accelerate AI Innovation and Research in the United Kingdom
• Positive Sentiment: Several analysts and commentators remained constructive on AMD, citing strong AI infrastructure demand, recent revenue growth, and potential upside from EPYC and Instinct adoption across cloud and enterprise markets.
• Neutral Sentiment: AMD also received attention for new collaborations with Imperial College London, Oriole Networks, and the University of Cambridge, which could help strengthen its AI ecosystem but are longer-term rather than immediate financial catalysts.
• Neutral Sentiment: Insider and institutional trading data showed mixed signals: insiders have been net sellers over the past six months, while several large funds have been adding to positions.
• Negative Sentiment: Shares were weighed by a broad semiconductor selloff and weaker risk appetite, with multiple reports noting that chipmakers, including AMD, pulled lower as the market’s recent AI rebound faded.
• Negative Sentiment: Bearish commentary also resurfaced, with some articles arguing AMD’s valuation is stretched and that Nvidia still holds a wide lead in AI accelerators, which may be pressuring sentiment.

Advanced Micro Devices Trading Down 3.0%

Shares of Advanced Micro Devices stock opened at $475.51 on Wednesday. The stock has a market capitalization of $775.37 billion, a P/E ratio of 155.91, a price-to-earnings-growth ratio of 1.44 and a beta of 2.50. 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 company has a 50-day simple moving average of $369.56 and a 200 day simple moving average of $268.77. Advanced Micro Devices, Inc. has a 12-month low of $115.06 and a 12-month high of $546.44.

Advanced Micro Devices (NASDAQ:AMD) last announced its earnings results on Tuesday, May 5th. The semiconductor manufacturer reported $1.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.29 by $0.08. The business had revenue of $10.25 billion during the quarter, compared to analysts’ expectations of $9.90 billion. Advanced Micro Devices had a net margin of 13.37% and a return on equity of 9.55%. The firm’s revenue for the quarter was up 37.8% on a year-over-year basis. During the same quarter last year, the company posted $0.96 EPS. Research analysts expect that Advanced Micro Devices, Inc. will post 6.2 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on AMD shares. Truist Financial set a $478.00 price objective on shares of Advanced Micro Devices in a research note on Wednesday, May 6th. Sanford C. Bernstein upgraded shares of Advanced Micro Devices from a “market perform” rating to an “outperform” rating and increased their price objective for the company from $265.00 to $525.00 in a research note on Wednesday, May 6th. Zacks Research cut shares of Advanced Micro Devices from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, June 3rd. Evercore restated an “outperform” rating and issued a $579.00 price objective on shares of Advanced Micro Devices in a research note on Tuesday, May 19th. Finally, HSBC cut shares of Advanced Micro Devices from a “buy” rating to a “hold” rating and increased their price objective for the company from $335.00 to $340.00 in a research note on Monday, May 4th. One investment analyst has rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and thirteen have given a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $419.86.

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.