Mackenzie Financial Corp Has $74.33 Million Position in Advanced Micro Devices, Inc. $AMD

Key Points

• Mackenzie Financial raised its AMD stake 136.1% in the quarter to 459,404 shares, a position worth about $74.33 million after adding 264,810 shares.
• AMD beat Q4 estimates, reporting $1.53 EPS and $10.27 billion revenue (+34.1% YoY), and analysts hold a consensus "Moderate Buy" with a target near $290.53.
• Insider and supply dynamics: insiders sold 146,892 shares (~$31.6M) over the last three months (insider ownership 0.06%) while CEO Lisa Su seeks HBM supply deals and AMD closed an IP agreement to ease packaging and scaling constraints.

Mackenzie Financial Corp lifted its position in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 136.1% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 459,404 shares of the semiconductor manufacturer's stock after buying an additional 264,810 shares during the quarter. Mackenzie Financial Corp's holdings in Advanced Micro Devices were worth $74,327,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Brighton Jones LLC raised its position 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 worth $5,551,000 after purchasing an additional 29,438 shares in the last quarter. Revolve Wealth Partners LLC increased 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 raised 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 worth $758,000 after acquiring an additional 2,970 shares during the last quarter. United Bank lifted its holdings in Advanced Micro Devices by 22.0% during the 2nd quarter. United Bank now owns 13,255 shares of the semiconductor manufacturer's stock worth $1,881,000 after buying an additional 2,392 shares in the last quarter. Finally, Schnieders Capital Management LLC. lifted its stake in shares of Advanced Micro Devices by 361.0% during the second quarter. Schnieders Capital Management LLC. now owns 9,230 shares of the semiconductor manufacturer's stock valued at $1,310,000 after acquiring an additional 7,228 shares during the period. 71.34% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Advanced Micro Devices

In other Advanced Micro Devices news, SVP Ava Hahn sold 2,442 shares of the business's stock in a transaction that occurred on Friday, January 16th. The shares were sold at an average price of $234.42, for a total transaction of $572,453.64. Following the completion of the transaction, the senior vice president directly owned 16,359 shares in the company, valued at $3,834,876.78. The trade was a 12.99% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, EVP Forrest Eugene Norrod sold 19,450 shares of the company's stock in a transaction on 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 sale, the executive vice president owned 289,098 shares of the company's stock, valued at $62,679,337.38. The trade was a 6.30% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold 146,892 shares of company stock valued at $31,584,408 over the last three months. 0.06% of the stock is owned by insiders.

Advanced Micro Devices Price Performance

Advanced Micro Devices stock opened at $204.83 on Thursday. The firm has a market cap of $333.96 billion, a PE ratio of 77.29, a price-to-earnings-growth ratio of 0.76 and a beta of 1.98. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.85 and a quick ratio of 2.01. The stock's fifty day moving average price is $217.09 and its two-hundred day moving average price is $209.71. Advanced Micro Devices, Inc. has a one year low of $76.48 and a one year high of $267.08.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last released its earnings results on Tuesday, February 3rd. The semiconductor manufacturer reported $1.53 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.32 by $0.21. Advanced Micro Devices had a return on equity of 8.84% and a net margin of 12.52%.The company had revenue of $10.27 billion for the quarter, compared to analyst estimates of $9.65 billion. During the same period in the prior year, the firm posted $1.09 EPS. Advanced Micro Devices's quarterly revenue was up 34.1% on a year-over-year basis. As a group, research analysts expect that Advanced Micro Devices, Inc. will post 3.87 EPS for the current fiscal year.

Advanced Micro Devices News Roundup

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

• Positive Sentiment: CEO Lisa Su is traveling to South Korea to meet Samsung and Naver to secure high‑bandwidth memory (HBM) and strengthen supply for AI GPUs—this reduces a key supply bottleneck and supports AMD’s ability to scale data‑center GPU shipments. AMD CEO to meet Samsung chief
• Positive Sentiment: AMD signed a multi‑year IP licensing agreement with Adeia that resolves outstanding litigation and gives AMD access to hybrid bonding, packaging and processing IP—removes a legal overhang and helps advance packaging/compute density for future chips. AMD Enters a Multi-Year Partnership With Adeia
• Positive Sentiment: Partnerships beyond GPUs — AMD led a funding/tech collaboration with Xanadu (quantum) and expanded embedded relationships (BlackBerry QNX) — these diversify addressable markets (HPC, aerospace simulations, automotive/embedded) and highlight enterprise interest in AMD compute. Xanadu and AMD Accelerate Quantum Computing
• Positive Sentiment: Wall Street and market commentary remain constructive: recent earnings beat, solid revenue growth and numerous buy/outperform ratings with bullish price targets underpin upside expectations. AMD Opinions on Q4 Earnings Strength
• Neutral Sentiment: Short‑interest data in recent feeds is inconsistent (reported as 0 shares) and appears unreliable—no clear short‑squeeze signal from published short‑interest figures.
• Neutral Sentiment: High‑profile investor coverage: articles highlight top investors and debate long‑term upside (e.g., TipRanks pieces on David Tepper and price‑target debates); these drive headlines but are not direct catalysts. David Tepper Pulls the Trigger on One Top AI Chip Stock
• Negative Sentiment: Customer risk: Meta disclosed plans to deploy four in‑house AI chips by 2027 to cut reliance on vendors including AMD—this represents a medium‑term demand risk from a major customer. META to Deploy Four New In-House AI Chips
• Negative Sentiment: Valuation debate: opinion pieces question whether AMD’s run already fully prices its AI/data‑center growth (high P/E vs. fundamentals), which can pressure the stock if growth expectations slip. Is AMD Stock Overvalued?
• Negative Sentiment: Insider selling highlighted in aggregated data (multiple executive sales) may be read as a cautionary signal by some investors, despite institutional buys/sells balancing the picture. AMD Insider & Institutional Activity

Analysts Set New Price Targets

A number of brokerages have issued reports on AMD. Rosenblatt Securities reaffirmed a "buy" rating and issued a $300.00 price objective on shares of Advanced Micro Devices in a research note on Wednesday, February 4th. Wells Fargo & Company reiterated an "overweight" rating and issued a $345.00 price target on shares of Advanced Micro Devices in a report on Friday, January 30th. Piper Sandler reiterated an "overweight" rating on shares of Advanced Micro Devices in a report on Wednesday, February 25th. Jefferies Financial Group reissued a "buy" rating on shares of Advanced Micro Devices in a research report on Tuesday, February 24th. Finally, Sanford C. Bernstein set a $235.00 price target on Advanced Micro Devices in a research note on Wednesday, February 4th. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have issued a Buy rating and ten have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $290.53.

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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