Charles Schwab Trust 13F: New $367K Stake in AMD

Charles Schwab Trust opened a new position in Advanced Micro Devices, Inc. (AMD) on October 15, 2026, acquiring 600 shares valued at about $367,056, according to its latest Form 13F filing with the SEC. This marks a new venture for the trust, which had no shares previously.

What Changed in Charles Schwab Trust's AMD Position

The trust's acquisition of 600 shares represents a new buy since it previously held no shares. The value of this stake highlights the trust's confidence in AMD's growth potential in the semiconductor sector.

Other Institutional Activity in AMD

Several other large institutional investors have also adjusted their holdings in AMD. Blackrock Inc. reported a holding of 150,301,510 shares worth about $79.5 billion, raising its stake by 4,731,040 shares, a 3.2% increase. Vanguard Capital Management LLC holds 106,500,177 shares valued at approximately $56.3 billion, with a modest rise of 561,475 shares or 0.5%. Invesco Ltd. increased its position by 2,728,927 shares, now totaling 53,171,203 shares worth about $28.1 billion, a rise of 5.4%. Conversely, State Street Corporation trimmed its holdings by 411,251 shares, now holding 74,361,687 shares valued at nearly $39.3 billion, reflecting a 0.5% decrease.

Advanced Micro Devices, Inc. Stock Down 6.6%

As of October 16, 2026, AMD shares traded around $533.28, which is slightly below the 50-day moving average of $536.35, indicating a recent downtrend. The stock is currently about 19% below its 52-week high of $658.52, while still comfortably above its 52-week low of $188.22. The recent price is also about 16% below the target mean price set by analysts at $636.21.

Recent Earnings

For the trailing twelve months, AMD reported total revenue of approximately $41.3 billion and earnings per share (EPS) of $3.92. The company has shown strong growth, with a year-over-year revenue increase of 50.1%. AMD's next earnings report is set for November 3, 2026.

Insider Buying and Selling at Advanced Micro Devices, Inc.

Insider trading at AMD saw several executives sell shares recently. Forrest Eugene Norrod, an officer, sold 17,261 shares valued at about $7.9 million on August 24, 2026. CFO Jean X Hu sold 15,000 shares worth approximately $7.1 million a day later. CEO Lisa T. Su sold 95,000 shares valued at around $48.1 million on September 10, 2026, followed by another sale by Norrod of 17,261 shares worth about $8.7 million on September 15, 2026. These transactions were not done under any planned trading arrangements.

Analysts Set New Price Targets

On October 6, 2026, Citigroup maintained a buy rating for AMD with a price target of $800, reflecting confidence in the stock's potential for growth. Stifel also maintained a buy rating with its target raised to $700, up from $635 previously. Overall, analysts maintain a strong buy consensus on AMD, with a mean price target of $636.21 based on 50 opinions.

About Advanced Micro Devices

Advanced Micro Devices, Inc. is a significant player in the semiconductor industry, known for producing high-performance computing and graphics solutions. The company operates in various segments, including data center, client and gaming, and embedded solutions. The recent movements in institutional holdings show a growing interest in AMD's future prospects, particularly in light of its upcoming earnings report.

Bottom Line

Looking ahead, investors will be paying attention to AMD's next earnings call scheduled for November 3, 2026. It's important to note that the filings reflect holdings as of the reporting period and may not represent current positions. With significant activity from major institutions, AMD remains a focal point in the semiconductor sector.