AMF Tjanstepension AB Makes New $4.39 Million Investment in Advanced Micro Devices, Inc. $AMD

Posted by Brian Himes on May 19th, 2026

AMF Tjanstepension AB purchased a new position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD – Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund purchased 20,504 shares of the semiconductor manufacturer’s stock, valued at approximately $4,391,000.

Other institutional investors also recently added to or reduced their stakes in the company. Brighton Jones LLC boosted its stake in shares of Advanced Micro Devices by 178.2% in the fourth quarter. Brighton Jones LLC now owns 45,956 shares of the semiconductor manufacturer’s stock valued at $5,551,000 after buying an additional 29,438 shares in the last quarter. Revolve Wealth Partners LLC boosted its stake in shares of Advanced Micro Devices by 2.9% in the fourth quarter. Revolve Wealth Partners LLC now owns 8,283 shares of the semiconductor manufacturer’s stock valued at $1,001,000 after buying an additional 234 shares in the last quarter. Sivia Capital Partners LLC boosted its stake in shares of Advanced Micro Devices by 125.1% in the second quarter. Sivia Capital Partners LLC now owns 5,344 shares of the semiconductor manufacturer’s stock valued at $758,000 after buying an additional 2,970 shares in the last quarter. United Bank boosted its stake in shares of Advanced Micro Devices by 22.0% in the second quarter. United Bank now owns 13,255 shares of the semiconductor manufacturer’s stock valued at $1,881,000 after buying an additional 2,392 shares in the last quarter. Finally, Schnieders Capital Management LLC. boosted its stake in shares of Advanced Micro Devices by 361.0% in the second quarter. Schnieders Capital Management LLC. now owns 9,230 shares of the semiconductor manufacturer’s stock valued at $1,310,000 after buying an additional 7,228 shares in the last quarter. Institutional investors and hedge funds own 71.34% of the company’s stock.

Analysts Set New Price Targets

A number of research firms recently weighed in on AMD. KeyCorp lifted their price target on Advanced Micro Devices from $330.00 to $530.00 and gave the company an “overweight” rating in a research note on Wednesday, May 6th. Wedbush lifted their price target on Advanced Micro Devices from $290.00 to $400.00 and gave the company an “outperform” rating in a research note on Monday, May 4th. JPMorgan Chase & Co. lifted their price target on Advanced Micro Devices from $270.00 to $385.00 and gave the company a “neutral” rating in a research note on Wednesday, May 6th. Evercore restated an “outperform” rating and issued a $358.00 price target on shares of Advanced Micro Devices in a research note on Tuesday, February 24th. Finally, Raymond James Financial began coverage on Advanced Micro Devices in a research note on Wednesday, May 6th. They issued a “market perform” rating on the stock. Two analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and twelve have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Advanced Micro Devices presently has an average rating of “Moderate Buy” and a consensus target price of $404.03.

Read Our Latest Report on AMD

Advanced Micro Devices Stock Down 0.7%

Shares of NASDAQ:AMD opened at $420.99 on Tuesday. The company has a quick ratio of 1.96, a current ratio of 2.72 and a debt-to-equity ratio of 0.04. Advanced Micro Devices, Inc. has a 52-week low of $107.67 and a 52-week high of $469.21. The stock’s fifty day simple moving average is $277.92 and its 200-day simple moving average is $241.53. The company has a market capitalization of $686.47 billion, a P/E ratio of 138.03, a P/E/G ratio of 1.26 and a beta of 2.40.

Advanced Micro Devices (NASDAQ:AMD – Get Free Report) last issued its quarterly earnings data 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. Advanced Micro Devices had a return on equity of 9.55% and a net margin of 13.37%.The business had revenue of $10.25 billion for the quarter, compared to the consensus estimate of $9.90 billion. During the same period in the prior year, the business earned $0.96 earnings per share. The business’s revenue was up 37.8% on a year-over-year basis. As a group, equities research analysts forecast that Advanced Micro Devices, Inc. will post 6.2 earnings per share for the current fiscal year.

Key Stories Impacting Advanced Micro Devices

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

Positive Sentiment: Citi raised its price target on AMD to $460 from $358, citing a much larger server CPU market outlook tied to agentic AI demand. Citi lifts price targets on Intel and AMD, sees CPU TAM of $132B by 2030
Positive Sentiment: Evercore ISI reiterated an Outperform rating on AMD, pointing to improving server CPU market share trends and stronger demand from AI infrastructure. Evercore ISI Maintains Outperform Rating on Advanced Micro Devices (AMD)
Positive Sentiment: Mizuho lifted its price target on AMD to $515 from $415, saying agentic AI is fueling server demand and improving the long-term growth outlook. Mizuho lifts PT on Advanced Micro Devices (AMD) Stock
Positive Sentiment: AMD’s recent 13F disclosure showed a new investment in Marvell Technology, which may be read as a constructive sign on AI and networking-related chip demand. AMD Reveals A $6.5 Million Marvell Bet That’s Already Soaring
Neutral Sentiment: Several commentary pieces argue AMD still has substantial long-term upside from its AI/data center roadmap, but these are mostly opinion-driven and don’t add immediate new fundamentals. Prediction: AMD Stock Is Going to Triple in 5 Years, Thanks to This $120 Billion Opportunity
Neutral Sentiment: AMD also benefited from broader coverage highlighting the company as a leading growth stock and from discussion of its expanding AI data center momentum. Advanced Micro Devices Stock (AMD) Surges 95% YTD — Let’s Look at Who Owns It
Negative Sentiment: AMD traded lower alongside a broader chip selloff as investors took some profits after the sector’s strong rally. Nasdaq Finishes Lower. The Chip Stock Selloff Gathers Steam.
Negative Sentiment: Monday’s weakness was also tied to headlines about CEO Lisa Su meeting with a Chinese official, which did not provide an immediate catalyst to offset the sector pullback. AMD Stock Slips Despite CEO Lisa Su’s Meeting with a Chinese Official

Insider Activity

In related news, CEO Lisa T. Su sold 125,000 shares of the stock in a transaction dated Wednesday, May 13th. The stock was sold at an average price of $445.51, for a total transaction of $55,688,750.00. Following the transaction, the chief executive officer directly owned 3,021,899 shares in the company, valued at approximately $1,346,286,223.49. This represents a 3.97% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 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 value of $10,832,450.64. Following the transaction, the executive vice president owned 105,222 shares in the company, valued at $46,759,604.58. This trade represents a 18.81% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 309,598 shares of company stock worth $105,644,316 over the last three months. 0.50% of the stock is currently owned by corporate insiders.

Advanced Micro Devices Company Profile

(Free Report)

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.