Advanced Micro Devices, Inc. (NASDAQ:AMD) SVP Sells $752,250.00 in Stock

Advanced Micro Devices, Inc. (NASDAQ:AMD) SVP James Robert Anderson sold 75,000 shares of the business’s stock in a transaction on Thursday, December 14th. The stock was sold at an average price of $10.03, for a total transaction of $752,250.00. Following the completion of the transaction, the senior vice president now directly owns 323,773 shares in the company, valued at approximately $3,247,443.19. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

James Robert Anderson also recently made the following trade(s):

  • On Monday, December 11th, James Robert Anderson sold 75,000 shares of Advanced Micro Devices stock. The shares were sold at an average price of $10.00, for a total transaction of $750,000.00.
  • On Thursday, December 7th, James Robert Anderson sold 75,000 shares of Advanced Micro Devices stock. The shares were sold at an average price of $10.06, for a total transaction of $754,500.00.
  • On Friday, November 17th, James Robert Anderson sold 20,000 shares of Advanced Micro Devices stock. The shares were sold at an average price of $11.44, for a total transaction of $228,800.00.
  • On Friday, October 27th, James Robert Anderson sold 20,000 shares of Advanced Micro Devices stock. The shares were sold at an average price of $12.04, for a total transaction of $240,800.00.
  • On Friday, September 22nd, James Robert Anderson sold 20,000 shares of Advanced Micro Devices stock. The shares were sold at an average price of $13.26, for a total transaction of $265,200.00.

Advanced Micro Devices, Inc. (NASDAQ:AMD) traded down $0.12 during midday trading on Friday, hitting $12.02. The stock had a trading volume of 47,150,000 shares, compared to its average volume of 49,690,000. The stock has a market cap of $11,600.00, a price-to-earnings ratio of -150.25, a PEG ratio of 6.19 and a beta of 2.47. The company has a debt-to-equity ratio of 2.61, a quick ratio of 1.20 and a current ratio of 1.70. Advanced Micro Devices, Inc. has a fifty-two week low of $9.42 and a fifty-two week high of $15.65.

Several institutional investors have recently made changes to their positions in the company. Nisa Investment Advisors LLC grew its position in shares of Advanced Micro Devices by 509.0% during the fourth quarter. Nisa Investment Advisors LLC now owns 81,000 shares of the semiconductor manufacturer’s stock worth $833,000 after buying an additional 67,700 shares in the last quarter. DnB Asset Management AS lifted its stake in Advanced Micro Devices by 761.0% in the fourth quarter. DnB Asset Management AS now owns 755,851 shares of the semiconductor manufacturer’s stock valued at $7,770,000 after buying an additional 668,062 shares during the last quarter. QUANTRES ASSET MANAGEMENT Ltd lifted its stake in Advanced Micro Devices by 122.1% in the fourth quarter. QUANTRES ASSET MANAGEMENT Ltd now owns 116,600 shares of the semiconductor manufacturer’s stock valued at $1,199,000 after buying an additional 64,100 shares during the last quarter. Belpointe Asset Management LLC purchased a new stake in Advanced Micro Devices in the third quarter valued at approximately $945,000. Finally, Cetera Investment Advisers purchased a new stake in Advanced Micro Devices in the third quarter valued at approximately $137,000. 60.09% of the stock is owned by institutional investors and hedge funds.

AMD has been the topic of a number of research analyst reports. Deutsche Bank restated a “hold” rating and issued a $12.00 price target on shares of Advanced Micro Devices in a report on Thursday, September 21st. BMO Capital Markets restated a “hold” rating and issued a $15.00 price target on shares of Advanced Micro Devices in a report on Wednesday, October 18th. BidaskClub upgraded shares of Advanced Micro Devices from a “sell” rating to a “hold” rating in a report on Friday, January 5th. Loop Capital restated a “hold” rating and issued a $13.00 price target (down from $14.00) on shares of Advanced Micro Devices in a report on Wednesday, October 25th. Finally, Wells Fargo & Co restated an “outperform” rating and issued a $18.00 price target on shares of Advanced Micro Devices in a report on Monday, September 25th. Four analysts have rated the stock with a sell rating, seventeen have assigned a hold rating, ten have given a buy rating and one has given a strong buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average target price of $14.73.

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Advanced Micro Devices Company Profile

Advanced Micro Devices, Inc is a global semiconductor company. The Company is engaged in offering x86 microprocessors, as standalone devices or as incorporated into an accelerated processing unit (APU), chipsets, discrete graphics processing units (GPUs) and professional graphics, and server and embedded processors and semi-custom System-on-Chip (SoC) products and technology for game consoles.

Insider Buying and Selling by Quarter for Advanced Micro Devices (NASDAQ:AMD)

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