Advanced Micro Devices, Inc. $AMD Shares Purchased by TD Private Client Wealth LLC

Key Points

• TD Private Client Wealth LLC increased its AMD holdings by 46.3% in the fourth quarter, adding 3,154 shares to bring its position to 9,969 shares valued at about $2.14 million.
• AMD insiders were active sellers, with CEO Lisa T. Su and EVP Mark D. Papermaster both selling shares in pre-arranged 10b5-1 plans; insiders sold 309,598 shares worth about $105.6 million over the last 90 days.
• AMD posted strong quarterly results, beating earnings and revenue estimates with EPS of $1.37 on $10.25 billion in revenue, while analysts remain generally constructive with a consensus “Moderate Buy” rating and an average price target of $410.

TD Private Client Wealth LLC raised its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 46.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,969 shares of the semiconductor manufacturer's stock after buying an additional 3,154 shares during the quarter. TD Private Client Wealth LLC's holdings in Advanced Micro Devices were worth $2,135,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of the stock. Brighton Jones LLC grew its holdings in 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 purchasing an additional 29,438 shares during the period. Revolve Wealth Partners LLC raised its stake in Advanced Micro Devices by 2.9% during the fourth quarter. Revolve Wealth Partners LLC now owns 8,283 shares of the semiconductor manufacturer's stock worth $1,001,000 after purchasing an additional 234 shares during the period. Sivia Capital Partners LLC boosted its holdings in shares of Advanced Micro Devices by 125.1% in the 2nd quarter. Sivia Capital Partners LLC now owns 5,344 shares of the semiconductor manufacturer's stock valued at $758,000 after purchasing an additional 2,970 shares during the last quarter. United Bank boosted its holdings in shares of Advanced Micro Devices by 22.0% in the 2nd quarter. United Bank now owns 13,255 shares of the semiconductor manufacturer's stock valued at $1,881,000 after purchasing an additional 2,392 shares during the last quarter. Finally, Schnieders Capital Management LLC. grew its stake in shares of Advanced Micro Devices by 361.0% during the 2nd 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 during the period. Institutional investors and hedge funds own 71.34% of the company's stock.

Insider Buying and Selling at Advanced Micro Devices

In other Advanced Micro Devices news, EVP Mark D. Papermaster sold 31,320 shares of the company's stock in a transaction that occurred on Friday, April 24th. The stock was sold at an average price of $350.00, for a total value of $10,962,000.00. Following the transaction, the executive vice president directly owned 1,236,037 shares of the company's stock, valued at $432,612,950. This represents a 2.47% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Lisa T. Su sold 125,000 shares of the stock in a transaction that occurred on Wednesday, May 13th. The shares were sold at an average price of $445.51, for a total value of $55,688,750.00. Following the transaction, the chief executive officer owned 3,021,899 shares of the company's stock, valued at approximately $1,346,286,223.49. This trade represents a 3.97% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 309,598 shares of company stock worth $105,644,316 in the last 90 days. 0.50% of the stock is owned by corporate insiders.

Advanced Micro Devices Stock Performance

Shares of AMD stock opened at $414.05 on Wednesday. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.72 and a quick ratio of 1.96. The company's fifty day moving average price is $282.35 and its two-hundred day moving average price is $242.59. The firm has a market capitalization of $675.15 billion, a P/E ratio of 135.75, a P/E/G ratio of 1.25 and a beta of 2.40. Advanced Micro Devices, Inc. has a 12 month low of $107.67 and a 12 month high of $469.21.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last announced its earnings results on Tuesday, May 5th. The semiconductor manufacturer reported $1.37 earnings per share 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 company had revenue of $10.25 billion during the quarter, compared to the consensus estimate of $9.90 billion. During the same period last year, the firm earned $0.96 earnings per share. The company's revenue was up 37.8% on a year-over-year basis. On average, research analysts anticipate that Advanced Micro Devices, Inc. will post 6.2 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

AMD has been the subject of a number of research analyst reports. Wolfe Research started coverage on Advanced Micro Devices in a report on Wednesday, May 6th. They set a "peer perform" rating for the company. Wedbush lifted their target price on Advanced Micro Devices from $290.00 to $400.00 and gave the company an "outperform" rating in a report on Monday, May 4th. Phillip Securities raised Advanced Micro Devices from a "moderate buy" rating to a "strong-buy" rating in a research report on Sunday, February 8th. Wall Street Zen upgraded Advanced Micro Devices from a "hold" rating to a "buy" rating in a report on Monday, January 26th. Finally, Sanford C. Bernstein raised Advanced Micro Devices from a "market perform" rating to an "outperform" rating and lifted their price objective for the company from $265.00 to $525.00 in a research note on Wednesday, May 6th. Two analysts have rated the stock with a Strong Buy rating, thirty have issued a Buy rating and twelve have issued a Hold rating to the company. Based on data from MarketBeat, Advanced Micro Devices presently has a consensus rating of "Moderate Buy" and an average price target of $410.00.

Trending Headlines about Advanced Micro Devices

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

• Positive Sentiment: Citi raised its AMD price target to $460, citing a much larger server CPU market opportunity tied to AI-driven demand, even though the firm kept a Neutral rating. AMD Price Target Vaults to $460 at Citi on $132 Billion CPU Forecast. So Why Neutral?
• Positive Sentiment: Several recent articles and analyst notes argue AMD is benefiting from strong AI infrastructure spending, rising enterprise CPU demand, and continued momentum in data-center chips. The $132 Billion Infrastructure Pivot You Might Have Missed
• Positive Sentiment: Wall Street commentary continues to favor AMD after its strong rally this year, with some pieces suggesting the stock could still have room to run toward $500 if AI chip demand and server CPU share gains persist. Should Investors Buy AMD Stock Instead of Nvidia?
• Neutral Sentiment: AMD is still being compared favorably with Nvidia, but some analysts say the valuation already reflects a lot of optimism, which may limit near-term upside. AMD: Priced Like A Leader, Operating In Nvidia's Shadow
• Negative Sentiment: Some traders are warning that semiconductors have become a crowded trade, raising the risk of pullbacks if AI enthusiasm cools or money rotates out of chip stocks. Nvidia, AMD Bulls Beware — Wall Street's Most Crowded Trade Just Flashed A Sell Warning
• Negative Sentiment: AMD also faced some short-term pressure from broader chip-sector weakness and investor caution after a strong multiweek run, which may be contributing to today’s softer trading. Nasdaq Finishes Lower. The Chip Stock Selloff Gathers Steam.

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.

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