Advanced Micro Devices, Inc. $AMD Holdings Decreased by TD Waterhouse Canada Inc.

Key Points

• TD Waterhouse Canada cut its stake in Advanced Micro Devices (AMD) by 9% in Q4, selling 10,587 shares and ending the period with 106,994 shares valued at about $22.91 million.
• Company insiders have been significant net sellers recently — 273,352 shares worth roughly $59.17 million were sold over the last 90 days, including sizable EVP transactions, which could add short-term selling pressure despite heavy institutional ownership (~71.34%).
• AMD reported a strong quarter (EPS $1.53 vs $1.32 est.; revenue $10.27B, +34.1% YoY) and analysts remain largely bullish (consensus "Moderate Buy" with a $292.14 target), with firms like Stifel raising their price target to $320 amid AI-driven data-center demand.

TD Waterhouse Canada Inc. reduced its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 9.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 106,994 shares of the semiconductor manufacturer's stock after selling 10,587 shares during the quarter. TD Waterhouse Canada Inc.'s holdings in Advanced Micro Devices were worth $22,910,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also modified their holdings of the company. Koesten Hirschmann & Crabtree INC. raised its stake in shares of Advanced Micro Devices by 61.0% during the third quarter. Koesten Hirschmann & Crabtree INC. now owns 161 shares of the semiconductor manufacturer's stock valued at $26,000 after purchasing an additional 61 shares in the last quarter. ORG Wealth Partners LLC raised its stake in shares of Advanced Micro Devices by 39.7% during the third quarter. ORG Wealth Partners LLC now owns 162 shares of the semiconductor manufacturer's stock valued at $26,000 after purchasing an additional 46 shares in the last quarter. Key Capital Management INC acquired a new position in Advanced Micro Devices during the fourth quarter worth about $38,000. PFS Partners LLC grew its holdings in Advanced Micro Devices by 269.2% during the fourth quarter. PFS Partners LLC now owns 192 shares of the semiconductor manufacturer's stock worth $41,000 after acquiring an additional 140 shares during the period. Finally, Aviso Financial Inc. grew its holdings in Advanced Micro Devices by 400.0% during the third quarter. Aviso Financial Inc. now owns 200 shares of the semiconductor manufacturer's stock worth $32,000 after acquiring an additional 160 shares during the period. 71.34% of the stock is currently owned by institutional investors.

Trending Headlines about Advanced Micro Devices

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

• Positive Sentiment: Stifel raised its price target on AMD to $320 (from $280) and kept a Buy rating, signaling continued analyst conviction in AI-driven revenue upside. Stifel Raises AMD Target to $320
• Positive Sentiment: Analysts highlight an AI-driven "CPU renaissance" that should boost demand for AMD's CPUs alongside Arm and Intel, implying sustained secular tailwinds for AMD's data-center product cycles. AI-Driven 'CPU Renaissance' To Boost AMD
• Positive Sentiment: AMD plans to deepen collaboration with France to support national AI strategy — a strategic partnership that can expand government and hyperscaler opportunities in Europe. AMD to Deepen Collaboration with France
• Positive Sentiment: Multiple bullish think-pieces and investment themes (Fool, Zacks) reinforce the narrative that AMD is a core AI-infrastructure play and a growth stock to watch as AI spending accelerates. If I Had $10,000 to Put Into AI Stocks Right Now
• Neutral Sentiment: Reports that AMD activity around the Instinct MI500 boosted GlobalFoundries (GFS) shares highlight ecosystem competition and supply-chain dynamics; could be positive for AMD execution but mostly affects partner sentiment. AMD Boosts GlobalFoundries Stock
• Neutral Sentiment: Zacks pieces noting AMD as a strong growth and trending stock reflect investor interest but do not present new fundamental catalysts; useful context for momentum investors. Here's Why AMD Is a Strong Growth Stock
• Negative Sentiment: Two insider filings show an AMD executive sold roughly $8.99M of stock in separate transactions, which can raise short-term selling pressure or investor caution about near-term sentiment. EVP Sells $7,454,975 in Stock EVP Sells $1,533,240 in Stock
• Negative Sentiment: Seeking Alpha published a downgrade-style note advising caution and suggesting investors shouldn't chase the rally, which can amplify profit-taking given AMD's high valuation. AMD: Don't Chase Now (Downgrade)

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on AMD shares. Morgan Stanley lowered their target price on Advanced Micro Devices from $260.00 to $255.00 and set an "equal weight" rating on the stock in a report on Wednesday, February 4th. Mizuho boosted their target price on shares of Advanced Micro Devices from $275.00 to $280.00 and gave the stock an "outperform" rating in a report on Wednesday, February 25th. Stifel Nicolaus increased their target price on shares of Advanced Micro Devices from $280.00 to $320.00 and gave the company a "buy" rating in a research note on Monday. Cantor Fitzgerald reissued an "overweight" rating on shares of Advanced Micro Devices in a research note on Monday, February 2nd. Finally, Rosenblatt Securities restated a "buy" rating and issued a $300.00 price target on shares of Advanced Micro Devices in a research report on Wednesday, February 4th. One research analyst has rated the stock with a Strong Buy rating, thirty have given a Buy rating and nine have given a Hold rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $292.14.

Insider Buying and Selling

In related news, EVP Paul Darren Grasby sold 7,500 shares of Advanced Micro Devices stock in a transaction dated Wednesday, March 11th. The stock was sold at an average price of $204.87, for a total value of $1,536,525.00. Following the transaction, the executive vice president owned 129,598 shares of the company's stock, valued at approximately $26,550,742.26. This trade represents a 5.47% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Forrest Eugene Norrod sold 19,450 shares of Advanced Micro Devices stock in a transaction dated 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 completion of the transaction, the executive vice president directly owned 289,098 shares in the company, valued at $62,679,337.38. This represents a 6.30% decrease in their position. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 273,352 shares of company stock worth $59,173,070. Company insiders own 0.50% of the company's stock.

Advanced Micro Devices Trading Down 1.2%

Shares of AMD opened at $274.95 on Tuesday. The business's 50-day moving average price is $213.79 and its 200 day moving average price is $222.11. The stock has a market capitalization of $448.26 billion, a P/E ratio of 103.75, a P/E/G ratio of 1.03 and a beta of 1.96. Advanced Micro Devices, Inc. has a 1-year low of $83.75 and a 1-year high of $287.61. The company has a current ratio of 2.85, a quick ratio of 2.01 and a debt-to-equity ratio of 0.04.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last issued its quarterly earnings results on Tuesday, February 3rd. The semiconductor manufacturer reported $1.53 earnings per share for the quarter, topping analysts' consensus estimates of $1.32 by $0.21. The firm had revenue of $10.27 billion for the quarter, compared to analysts' expectations of $9.65 billion. Advanced Micro Devices had a return on equity of 8.84% and a net margin of 12.52%.Advanced Micro Devices's revenue was up 34.1% on a year-over-year basis. During the same quarter last year, the business posted $1.09 EPS. Analysts expect that Advanced Micro Devices, Inc. will post 5.75 earnings per share for the current year.

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.

Want to see what other hedge funds are holding AMD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.