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

Mackenzie Financial Corp lifted its stake in shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) by 136.1% during the 3rd quarter, HoldingsChannel reports. The firm owned 459,404 shares of the semiconductor manufacturer’s stock after acquiring an additional 264,810 shares during the period. Mackenzie Financial Corp’s holdings in Advanced Micro Devices were worth $74,327,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also added to or reduced their stakes in AMD. Impax Asset Management Group plc grew its holdings in shares of Advanced Micro Devices by 326.5% during the third quarter. Impax Asset Management Group plc now owns 52,068 shares of the semiconductor manufacturer’s stock worth $8,424,000 after purchasing an additional 39,861 shares in the last quarter. Global Retirement Partners LLC bought a new position in shares of Advanced Micro Devices during the 2nd quarter valued at $4,519,000. Swiss National Bank grew its stake in shares of Advanced Micro Devices by 7.5% during the second quarter. Swiss National Bank now owns 4,917,975 shares of the semiconductor manufacturer’s stock valued at $697,861,000 after buying an additional 341,000 shares during the last quarter. New York State Common Retirement Fund increased its stake in Advanced Micro Devices by 8.4% in the 2nd quarter. New York State Common Retirement Fund now owns 2,239,239 shares of the semiconductor manufacturer’s stock worth $317,748,000 after purchasing an additional 172,745 shares during the period. Finally, Zweig DiMenna Associates LLC increased its stake in shares of Advanced Micro Devices by 127.6% in the third quarter. Zweig DiMenna Associates LLC now owns 72,602 shares of the semiconductor manufacturer’s stock worth $11,746,000 after buying an additional 40,708 shares during the period. Institutional investors own 71.34% of the company’s stock.

Advanced Micro Devices Price Performance

NASDAQ:AMD opened at $204.83 on Thursday. The company has a current ratio of 2.85, a quick ratio of 2.01 and a debt-to-equity ratio of 0.04. The company has a market capitalization of $333.96 billion, a P/E ratio of 77.29, a P/E/G ratio of 0.76 and a beta of 1.98. Advanced Micro Devices, Inc. has a 12 month low of $76.48 and a 12 month high of $267.08. The business’s 50-day moving average is $217.09 and its 200 day moving average is $209.71.

Advanced Micro Devices (NASDAQ:AMD) last issued its quarterly earnings data on Tuesday, February 3rd. The semiconductor manufacturer reported $1.53 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.32 by $0.21. The business had revenue of $10.27 billion for the quarter, compared to the consensus estimate of $9.65 billion. Advanced Micro Devices had a return on equity of 8.84% and a net margin of 12.52%.The company’s quarterly revenue was up 34.1% compared to the same quarter last year. During the same period in the prior year, the business posted $1.09 earnings per share. On average, equities research analysts forecast that Advanced Micro Devices, Inc. will post 3.87 earnings per share for the current fiscal year.

Analyst Ratings Changes

A number of equities analysts recently commented on the company. The Goldman Sachs Group upped their target price on Advanced Micro Devices from $210.00 to $240.00 and gave the company a “neutral” rating in a report on Wednesday, February 25th. Melius Research set a $380.00 target price on shares of Advanced Micro Devices in a research note on Wednesday, November 12th. Roth Mkm reaffirmed a “buy” rating on shares of Advanced Micro Devices in a research report on Tuesday, February 24th. KeyCorp reaffirmed an “overweight” rating and issued a $330.00 price objective on shares of Advanced Micro Devices in a research report on Tuesday, February 24th. Finally, Barclays restated an “overweight” rating on shares of Advanced Micro Devices in a research note on Wednesday, November 12th. One research analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and ten have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of $290.53.

Insider Activity

In other Advanced Micro Devices news, 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 completion of the sale, the executive vice president directly owned 289,098 shares in the company, valued at approximately $62,679,337.38. This represents a 6.30% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Lisa T. Su sold 125,000 shares of the firm’s stock in a transaction on Wednesday, February 11th. The shares were sold at an average price of $214.36, for a total value of $26,795,000.00. Following the transaction, the chief executive officer owned 3,152,476 shares in the company, valued at approximately $675,764,755.36. This represents a 3.81% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 146,892 shares of company stock valued at $31,584,408. 0.06% of the stock is currently owned by company insiders.

Trending Headlines about Advanced Micro Devices

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

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.