TD Asset Management Inc Decreases Stake in Advanced Micro Devices, Inc. $AMD

TD Asset Management Inc decreased its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 12.0% during the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 1,289,230 shares of the semiconductor manufacturer’s stock after selling 175,610 shares during the period. TD Asset Management Inc’s holdings in Advanced Micro Devices were worth $208,585,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the business. HHM Wealth Advisors LLC lifted its holdings in shares of Advanced Micro Devices by 2.4% during the 3rd quarter. HHM Wealth Advisors LLC now owns 1,742 shares of the semiconductor manufacturer’s stock valued at $282,000 after acquiring an additional 40 shares in the last quarter. HBK Sorce Advisory LLC increased its holdings in Advanced Micro Devices by 0.3% in the 3rd quarter. HBK Sorce Advisory LLC now owns 13,404 shares of the semiconductor manufacturer’s stock valued at $2,169,000 after purchasing an additional 43 shares in the last quarter. Wilmington Savings Fund Society FSB increased its holdings in Advanced Micro Devices by 0.5% in the 3rd quarter. Wilmington Savings Fund Society FSB now owns 8,706 shares of the semiconductor manufacturer’s stock valued at $1,409,000 after purchasing an additional 43 shares in the last quarter. Moseley Investment Management Inc. raised its position in Advanced Micro Devices by 0.5% in the third quarter. Moseley Investment Management Inc. now owns 8,883 shares of the semiconductor manufacturer’s stock valued at $1,437,000 after purchasing an additional 44 shares during the period. Finally, OneAscent Family Office LLC lifted its stake in shares of Advanced Micro Devices by 2.6% during the third quarter. OneAscent Family Office LLC now owns 1,755 shares of the semiconductor manufacturer’s stock worth $284,000 after purchasing an additional 44 shares in the last quarter. 71.34% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Advanced Micro Devices news, SVP Ava Hahn sold 2,442 shares of the firm’s stock in a transaction on Friday, January 16th. The stock was sold at an average price of $234.42, for a total value of $572,453.64. Following the sale, the senior vice president directly owned 16,359 shares in the company, valued at approximately $3,834,876.78. This trade represents a 12.99% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Forrest Eugene Norrod sold 19,450 shares of the company’s stock in a transaction dated Wednesday, February 11th. The stock was sold at an average price of $216.81, for a total transaction of $4,216,954.50. Following the transaction, the executive vice president owned 289,098 shares of the company’s stock, valued at $62,679,337.38. This represents a 6.30% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 271,892 shares of company stock worth $58,476,908 in the last three months. 0.06% of the stock is owned by insiders.

Advanced Micro Devices Stock Up 8.8%

NASDAQ:AMD opened at $213.84 on Wednesday. Advanced Micro Devices, Inc. has a one year low of $76.48 and a one year high of $267.08. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.01 and a current ratio of 2.85. The company has a market capitalization of $348.65 billion, a price-to-earnings ratio of 80.69, a price-to-earnings-growth ratio of 0.74 and a beta of 1.94. The stock has a 50-day simple moving average of $219.55 and a 200 day simple moving average of $207.81.

Advanced Micro Devices (NASDAQ:AMD) last announced its quarterly earnings data 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 firm had revenue of $10.27 billion for the quarter, compared to analysts’ expectations of $9.65 billion. During the same period last year, the business posted $1.09 earnings per share. The firm’s revenue for the quarter was up 34.1% on a year-over-year basis. Sell-side analysts predict that Advanced Micro Devices, Inc. will post 3.87 EPS for the current fiscal year.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the company. Morgan Stanley lowered their target price on Advanced Micro Devices from $260.00 to $255.00 and set an “equal weight” rating for the company in a research note on Wednesday, February 4th. Evercore restated an “outperform” rating and issued a $358.00 price target on shares of Advanced Micro Devices in a report on Tuesday. Cantor Fitzgerald reaffirmed an “overweight” rating on shares of Advanced Micro Devices in a research report on Monday, February 2nd. Bank of America reissued a “buy” rating and set a $300.00 target price on shares of Advanced Micro Devices in a research report on Wednesday, November 12th. Finally, Raymond James Financial started coverage on shares of Advanced Micro Devices in a report on Thursday, November 20th. They set an “outperform” rating and a $377.00 price target for the company. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have given a Buy rating and ten have given a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $289.69.

Trending Headlines about Advanced Micro Devices

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

• Positive Sentiment: Large Meta deal validates AMD’s AI strategy and creates a multi‑year revenue stream — Meta agreed to deploy up to 6GW of AMD Instinct GPUs (deal value reported in the tens of billions, with some outlets describing upside to ~$100B) and may take an equity stake, giving AMD clear hyperscaler credibility and forward bookings that support growth expectations. VIEW: AMD secures Meta as next big AI chip customer (Reuters)
• Positive Sentiment: Wall Street bullishness and price‑target lift — Several analysts reiterated or maintained Buy/Outperform ratings and higher targets after the announcement (example: Robert W. Baird kept a Buy and $300 PT), which supports further upside from investor flows. AMD: Meta partnership underpins multi‑year data‑center growth (TipRanks)
• Neutral Sentiment: Deal mechanics include stock/warrant component that aligns Meta to scale deployments — Meta may acquire up to ~10% via performance‑linked warrants that vest on deployment and price milestones; that both strengthens customer incentives and makes future capital flows contingent on execution. Revenue visibility is high, but timing is back‑loaded (initial shipments expected H2 2026). Meta signs AI chips deal that could go up to $100 billion (Fortune)
• Neutral Sentiment: Macro market relief also helping tech — A recovery in risk sentiment and a softer dollar lifted broad technology names, amplifying AMD’s headline‑driven move. This is supportive but may fade if macro risk returns. Dollar Falls as Risk Sentiment Recovers (Yahoo Finance)
• Negative Sentiment: Dilution and “circular commerce” concerns — Some analysts caution the warrant/stock mechanics create dilution risk and a circular financing dynamic that could be costly to AMD shareholders if exercised; critical voices are weighing the long‑term economics for AMD versus the immediate revenue headline. Meta Deal ‘Wildly Concerning’ For AMD Stock (TalkMarkets)
• Negative Sentiment: Competitive context: Meta is also buying Nvidia — Meta’s simultaneous commitments to Nvidia limit the extent to which AMD can displace the incumbent; AMD still needs to convert validation into sustained share gains vs. Nvidia at scale. Meta also committed to Nvidia chips (CNBC)

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.