TD Waterhouse Canada Inc. Sells 49,363 Shares of Advanced Micro Devices, Inc. $AMD

TD Waterhouse Canada Inc. decreased its position in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 34.0% during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 95,906 shares of the semiconductor manufacturer’s stock after selling 49,363 shares during the quarter. TD Waterhouse Canada Inc.’s holdings in Advanced Micro Devices were worth $13,046,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Kingstone Capital Partners Texas LLC acquired a new position in shares of Advanced Micro Devices during the second quarter valued at $958,422,000. Goldman Sachs Group Inc. increased its position in Advanced Micro Devices by 169.7% in the first quarter. Goldman Sachs Group Inc. now owns 9,855,341 shares of the semiconductor manufacturer’s stock worth $1,012,538,000 after purchasing an additional 6,200,850 shares during the period. T. Rowe Price Investment Management Inc. raised its holdings in Advanced Micro Devices by 131.5% during the 1st quarter. T. Rowe Price Investment Management Inc. now owns 10,413,139 shares of the semiconductor manufacturer’s stock worth $1,069,846,000 after purchasing an additional 5,915,185 shares during the last quarter. Nuveen LLC acquired a new position in Advanced Micro Devices during the 1st quarter valued at about $436,746,000. Finally, Parnassus Investments LLC boosted its stake in shares of Advanced Micro Devices by 47,883.5% in the 1st quarter. Parnassus Investments LLC now owns 4,142,418 shares of the semiconductor manufacturer’s stock valued at $425,592,000 after purchasing an additional 4,133,785 shares during the last quarter. 71.34% of the stock is owned by institutional investors and hedge funds.

Advanced Micro Devices Stock Performance

AMD stock opened at $223.55 on Thursday. Advanced Micro Devices, Inc. has a 1-year low of $76.48 and a 1-year high of $267.08. The company has a current ratio of 2.49, a quick ratio of 1.81 and a debt-to-equity ratio of 0.05. The firm has a market cap of $363.95 billion, a PE ratio of 128.48, a P/E/G ratio of 2.42 and a beta of 1.92. The business’s 50-day moving average price is $212.60 and its two-hundred day moving average price is $166.99.

Advanced Micro Devices (NASDAQ:AMD) last released its quarterly earnings results on Tuesday, November 4th. The semiconductor manufacturer reported $1.20 EPS for the quarter, topping analysts’ consensus estimates of $1.17 by $0.03. Advanced Micro Devices had a return on equity of 7.54% and a net margin of 9.57%.The company had revenue of $9.25 billion for the quarter, compared to analyst estimates of $8.76 billion. During the same quarter last year, the firm posted $0.92 earnings per share. Advanced Micro Devices’s revenue was up 35.6% compared to the same quarter last year. Advanced Micro Devices has set its Q4 2025 guidance at EPS. As a group, research analysts forecast that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on AMD shares. Cowen reissued a “buy” rating on shares of Advanced Micro Devices in a research note on Wednesday, November 5th. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $350.00 target price on shares of Advanced Micro Devices in a report on Wednesday, November 12th. TD Cowen raised their price target on Advanced Micro Devices from $270.00 to $290.00 and gave the stock a “buy” rating in a research report on Wednesday, November 5th. Citigroup lifted their price objective on Advanced Micro Devices from $215.00 to $260.00 and gave the stock a “neutral” rating in a research note on Wednesday, November 5th. Finally, Bank of America reissued a “buy” rating and issued a $300.00 target price on shares of Advanced Micro Devices in a research note on Wednesday, November 12th. Three equities research analysts have rated the stock with a Strong Buy rating, twenty-eight have assigned a Buy rating and eleven have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $273.49.

Insider Activity

In other news, EVP Forrest Eugene Norrod sold 17,200 shares of the stock in a transaction on Wednesday, September 10th. The shares were sold at an average price of $160.93, for a total transaction of $2,767,996.00. Following the completion of the sale, the executive vice president owned 313,848 shares of the company’s stock, valued at $50,507,558.64. This represents a 5.20% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Mark D. Papermaster sold 16,800 shares of the firm’s stock in a transaction on Wednesday, October 15th. The stock was sold at an average price of $224.28, for a total transaction of $3,767,904.00. Following the sale, the executive vice president owned 1,714,505 shares in the company, valued at approximately $384,529,181.40. The trade was a 0.97% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 39,118 shares of company stock worth $7,555,369 over the last quarter. 0.06% of the stock is currently owned by company insiders.

Advanced Micro Devices Company Profile

Advanced Micro Devices, Inc operates as a semiconductor company worldwide. It operates through Data Center, Client, Gaming, and Embedded segments. The company offers x86 microprocessors and graphics processing units (GPUs) as an accelerated processing unit, chipsets, data center, and professional GPUs; and embedded processors, and semi-custom system-on-chip (SoC) products, microprocessor and SoC development services and technology, data processing unites, field programmable gate arrays (FPGA), and adaptive SoC products.