TD Asset Management Inc Purchases 70,856 Shares of Advanced Micro Devices, Inc. $AMD

04 Jun 2026, 11:56 by Sarita Garza · The Markets Daily

TD Asset Management Inc increased its position in Advanced Micro Devices, Inc. (NASDAQ:AMD – Free Report) by 5.5% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,360,086 shares of the semiconductor manufacturer’s stock after acquiring an additional 70,856 shares during the quarter. TD Asset Management Inc’s holdings in Advanced Micro Devices were worth $291,276,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Joseph Group Capital Management bought a new stake in shares of Advanced Micro Devices during the 4th quarter valued at about $25,000. Koesten Hirschmann & Crabtree INC. boosted its position in shares of Advanced Micro Devices by 61.0% during the 3rd quarter. Koesten Hirschmann & Crabtree INC. now owns 161 shares of the semiconductor manufacturer’s stock valued at $26,000 after acquiring an additional 61 shares during the last quarter. Sarver Vrooman Wealth Advisors bought a new stake in shares of Advanced Micro Devices during the 4th quarter valued at about $27,000. Basepoint Wealth LLC bought a new stake in shares of Advanced Micro Devices during the 4th quarter valued at about $30,000. Finally, Aviso Financial Inc. boosted its position in shares of Advanced Micro Devices by 400.0% during the 3rd quarter. Aviso Financial Inc. now owns 200 shares of the semiconductor manufacturer’s stock valued at $32,000 after acquiring an additional 160 shares during the last quarter. Institutional investors own 71.34% of the company’s stock.

Insider Activity at Advanced Micro Devices

In related news, Director Nora Denzel sold 8,626 shares of the stock in a transaction dated Tuesday, June 2nd. The shares were sold at an average price of $522.00, for a total value of $4,502,772.00. Following the completion of the transaction, the director directly owned 87,173 shares of the company’s stock, valued at $45,504,306. This represents a 9.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, EVP Forrest Eugene Norrod sold 19,487 shares of the stock in a transaction dated Wednesday, May 20th. The stock was sold at an average price of $431.40, for a total transaction of $8,406,691.80. Following the completion of the transaction, the executive vice president directly owned 324,527 shares of the company’s stock, valued at approximately $140,000,947.80. The trade was a 5.66% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 339,532 shares of company stock valued at $119,504,341 over the last 90 days. Company insiders own 0.50% of the company’s stock.

Analyst Ratings Changes

AMD has been the subject of a number of research analyst reports. Zacks Research upgraded Advanced Micro Devices from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, May 5th. KeyCorp lifted their price target on Advanced Micro Devices from $330.00 to $530.00 and gave the stock an “overweight” rating in a research note on Wednesday, May 6th. Wolfe Research initiated coverage on Advanced Micro Devices in a research note on Wednesday, May 6th. They set a “peer perform” rating for the company. Melius Research set a $540.00 price target on Advanced Micro Devices in a research note on Monday, May 18th. Finally, UBS Group set a $310.00 price target on Advanced Micro Devices in a research note on Wednesday, February 4th. Two analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and twelve have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $419.86.

View Our Latest Research Report on Advanced Micro Devices

Key Advanced Micro Devices News

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

Positive Sentiment: AMD continues to benefit from strong AI and data-center demand, including reports that its 2nm EPYC “Venice” ramp is boosting enthusiasm for future server growth. Why Advanced Micro Devices (AMD) Is Up 10.4% After Launching 2nm EPYC Venice Production
Positive Sentiment: AMD CFO Jean Hu said “agentic AI” is driving significant demand for CPUs, reinforcing the view that AMD is benefiting from the broader AI buildout. AMD CFO Jean Hu Says Agentic AI Has Driven ‘Significant Demand’ for CPUs
Positive Sentiment: A Cowen analyst remained bullish after meeting with CEO Lisa Su, adding to confidence that AMD’s AI and server roadmap remains on track. Top Cowen Analyst Pounds the Table on AMD Stock After Meeting With Lisa Su
Positive Sentiment: AMD’s stock also got a lift from broader sector strength, with chip shares rallying to record highs as investors rotated further into AI semiconductors. Marvell, AMD Rally, Lead Chip Stocks To Record High
Neutral Sentiment: AMD joined DriveNets’ funding round, which signals involvement in AI networking infrastructure, but the direct financial impact on AMD is still unclear. AMD Joins DriveNets Funding Round
Negative Sentiment: Director Nora Denzel disclosed additional share sales, which can weigh on sentiment because insider selling may suggest profit-taking after AMD’s sharp run-up. SEC Form 4 filing
Negative Sentiment: Nvidia’s push into AI-enabled PC chips raises competitive pressure on AMD in the PC market, creating a potential headwind for future share gains. Nvidia Wants to Reinvent the PC. Here’s What That Means for Intel, AMD, and Qualcomm.

Advanced Micro Devices Trading Up 4.0%

NASDAQ:AMD opened at $542.52 on Thursday. The company has a fifty day moving average of $347.08 and a 200 day moving average of $261.63. Advanced Micro Devices, Inc. has a 52 week low of $114.71 and a 52 week high of $546.44. The company has a quick ratio of 1.96, a current ratio of 2.72 and a debt-to-equity ratio of 0.04. The firm has a market capitalization of $884.63 billion, a P/E ratio of 177.88, a P/E/G ratio of 1.53 and a beta of 2.50.

Advanced Micro Devices (NASDAQ:AMD – Get Free Report) last posted its quarterly earnings results on Tuesday, May 5th. The semiconductor manufacturer reported $1.37 EPS for the quarter, beating analysts’ consensus estimates of $1.29 by $0.08. Advanced Micro Devices had a net margin of 13.37% and a return on equity of 9.55%. The company had revenue of $10.25 billion during the quarter, compared to analyst estimates of $9.90 billion. During the same period in the prior year, the business posted $0.96 EPS. The firm’s revenue was up 37.8% compared to the same quarter last year. On average, research analysts predict that Advanced Micro Devices, Inc. will post 6.2 earnings per share for the current year.

About Advanced Micro Devices

(Free Report)

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.