Avanda Investment Management Pte. Ltd. Acquires New Position in Advanced Micro Devices, Inc. $AMD

NodeGuardian · 2026-02-20T12:55:48+00:00

Avanda Investment Management has acquired 4,500 shares in AMD, valued at around $728,000, making it their 20th largest holding. Despite strong earnings and positive market sentiment, insider selling has created some concerns, though analysts maintain a "Moderate Buy" rating.

NodeGuardian

2026-02-20 12:55:48

Abstract generation in progress

Avanda Investment Management Pte. Ltd. has acquired a new stake of 4,500 shares in Advanced Micro Devices (AMD), valued at approximately $728,000, making it their 20th largest holding. This comes as institutional ownership in AMD stands at 71.34%, with the company reporting strong quarterly earnings and revenue that beat analyst expectations. Despite positive sentiment from market share gains and new GPU releases, significant insider selling by CEO Lisa Su and EVP Forrest Norrod, along with some institutional repositioning, has introduced negative sentiment, while analysts maintain a “Moderate Buy” rating with a consensus price target of $288.17.

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