Connor Clark & Lunn Investment Management Ltd. Acquires 307,223 Shares of Advanced Micro Devices, Inc. $AMD

Connor Clark & Lunn Investment Management Ltd. grew its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD) by 55.5% during the 3rd quarter, Holdings Channel.com reports. The fund owned 860,470 shares of the semiconductor manufacturer’s stock after acquiring an additional 307,223 shares during the period. Connor Clark & Lunn Investment Management Ltd.’s holdings in Advanced Micro Devices were worth $139,215,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in AMD. Vanguard Group Inc. grew its holdings in Advanced Micro Devices by 0.9% during the 3rd quarter. Vanguard Group Inc. now owns 155,997,751 shares of the semiconductor manufacturer’s stock valued at $25,238,876,000 after buying an additional 1,348,892 shares in the last quarter. State Street Corp lifted its holdings in shares of Advanced Micro Devices by 0.8% in the second quarter. State Street Corp now owns 72,069,259 shares of the semiconductor manufacturer’s stock worth $10,226,628,000 after buying an additional 581,330 shares in the last quarter. Geode Capital Management LLC boosted its position in shares of Advanced Micro Devices by 1.4% during the second quarter. Geode Capital Management LLC now owns 36,690,685 shares of the semiconductor manufacturer’s stock worth $5,181,556,000 after acquiring an additional 514,445 shares during the last quarter. Norges Bank bought a new position in shares of Advanced Micro Devices during the second quarter worth $3,094,662,000. Finally, Invesco Ltd. grew its stake in Advanced Micro Devices by 6.1% during the second quarter. Invesco Ltd. now owns 12,534,569 shares of the semiconductor manufacturer’s stock valued at $1,778,655,000 after acquiring an additional 715,557 shares in the last quarter. Hedge funds and other institutional investors own 71.34% of the company’s stock.

Advanced Micro Devices Trading Up 0.8%

Shares of NASDAQ AMD opened at $204.83 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 debt-to-equity ratio of 0.04, a current ratio of 2.85 and a quick ratio of 2.01. The business’s 50 day moving average is $217.09 and its two-hundred day moving average is $209.71. The stock has a market capitalization of $333.96 billion, a P/E ratio of 77.29, a PEG ratio of 0.76 and a beta of 1.98.

Advanced Micro Devices (NASDAQ:AMD) last announced its earnings results on Tuesday, February 3rd. The semiconductor manufacturer reported $1.53 EPS for the quarter, topping analysts’ consensus estimates of $1.32 by $0.21. The firm had revenue of $10.27 billion during the quarter, compared to analysts’ expectations 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% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.09 EPS. As a group, research analysts expect that Advanced Micro Devices, Inc. will post 3.87 EPS for the current year.

Insider Buying and Selling

In other Advanced Micro Devices news, SVP Ava Hahn sold 2,442 shares of Advanced Micro Devices stock in a transaction 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 of the company’s stock, valued at $3,834,876.78. The trade was a 12.99% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Lisa T. Su sold 125,000 shares of the business’s stock in a transaction on Wednesday, February 11th. The shares were sold at an average price of $214.36, for a total transaction of $26,795,000.00. Following the transaction, the chief executive officer owned 3,152,476 shares in the company, valued at $675,764,755.36. This trade represents a 3.81% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 146,892 shares of company stock worth $31,584,408 over the last three months. 0.06% of the stock is owned by insiders.

Analysts Set New Price Targets

Several analysts have commented on AMD shares. Weiss Ratings reiterated a “hold (c+)” rating on shares of Advanced Micro Devices in a research note on Monday, December 29th. Wall Street Zen upgraded Advanced Micro Devices from a “hold” rating to a “buy” rating in a research report on Monday, January 26th. Bank of America reaffirmed a “buy” rating and issued a $300.00 target price on shares of Advanced Micro Devices in a report on Wednesday, November 12th. Roth Mkm reiterated a “buy” rating on shares of Advanced Micro Devices in a research report on Tuesday, February 24th. Finally, Royal Bank Of Canada restated a “sector perform” rating and set a $230.00 price target on shares of Advanced Micro Devices in a report on Wednesday, February 25th. One investment analyst has rated the stock with a Strong Buy rating, twenty-nine have assigned a Buy rating and ten have assigned a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $290.53.

Key Advanced Micro Devices News

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

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.