Advanced Micro Devices, Inc. (NASDAQ:AMD) SVP James Robert Anderson sold 130,217 shares of the firm’s stock in a transaction that occurred on Friday, August 4th. The stock was sold at an average price of $13.18, for a total transaction of $1,716,260.06. Following the sale, the senior vice president now directly owns 668,793 shares of the company’s stock, valued at approximately $8,814,691.74. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

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

  • On Friday, July 28th, James Robert Anderson sold 20,000 shares of Advanced Micro Devices stock. The stock was sold at an average price of $13.91, for a total transaction of $278,200.00.
  • On Friday, June 23rd, James Robert Anderson sold 20,000 shares of Advanced Micro Devices stock. The stock was sold at an average price of $14.19, for a total transaction of $283,800.00.
  • On Monday, June 19th, James Robert Anderson sold 160,122 shares of Advanced Micro Devices stock. The stock was sold at an average price of $12.48, for a total transaction of $1,998,322.56.
  • On Tuesday, May 23rd, James Robert Anderson sold 20,000 shares of Advanced Micro Devices stock. The stock was sold at an average price of $10.86, for a total transaction of $217,200.00.

Advanced Micro Devices, Inc. (NASDAQ AMD) traded up 2.36% during midday trading on Monday, reaching $13.43. 57,445,803 shares of the company traded hands. The company has a 50 day moving average of $13.36 and a 200-day moving average of $12.73. Advanced Micro Devices, Inc. has a 12-month low of $5.66 and a 12-month high of $15.65. The stock’s market capitalization is $12.69 billion.

Advanced Micro Devices (NASDAQ:AMD) last posted its earnings results on Tuesday, July 25th. The semiconductor manufacturer reported $0.02 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.02) by $0.04. The business had revenue of $1.22 billion for the quarter, compared to analysts’ expectations of $1.16 billion. Advanced Micro Devices had a negative net margin of 11.82% and a negative return on equity of 24.34%. The business’s revenue for the quarter was up 19.0% compared to the same quarter last year. During the same quarter in the prior year, the business earned ($0.05) EPS. Equities analysts anticipate that Advanced Micro Devices, Inc. will post $0.10 EPS for the current fiscal year.

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Large investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. raised its stake in Advanced Micro Devices by 21.9% in the first quarter. Vanguard Group Inc. now owns 87,294,800 shares of the semiconductor manufacturer’s stock valued at $1,270,140,000 after buying an additional 15,661,774 shares during the last quarter. Wellington Management Group LLP raised its stake in Advanced Micro Devices by 5,764.6% in the first quarter. Wellington Management Group LLP now owns 14,181,305 shares of the semiconductor manufacturer’s stock valued at $206,339,000 after buying an additional 13,939,494 shares during the last quarter. Geode Capital Management LLC raised its stake in Advanced Micro Devices by 31.7% in the first quarter. Geode Capital Management LLC now owns 9,210,323 shares of the semiconductor manufacturer’s stock valued at $133,854,000 after buying an additional 2,215,111 shares during the last quarter. Old Mutual Global Investors UK Ltd. acquired a new stake in Advanced Micro Devices during the first quarter valued at approximately $129,039,000. Finally, Schwab Charles Investment Management Inc. raised its stake in Advanced Micro Devices by 39.4% in the first quarter. Schwab Charles Investment Management Inc. now owns 5,151,851 shares of the semiconductor manufacturer’s stock valued at $74,960,000 after buying an additional 1,455,622 shares during the last quarter. 57.34% of the stock is owned by hedge funds and other institutional investors.

AMD has been the subject of several recent analyst reports. Longbow Research initiated coverage on shares of Advanced Micro Devices in a report on Friday, June 9th. They set a “neutral” rating and a $13.10 price objective for the company. Vetr raised shares of Advanced Micro Devices from a “buy” rating to a “strong-buy” rating and set a $15.99 price objective for the company in a report on Monday, June 26th. Northland Securities reaffirmed a “buy” rating and set a $17.50 price objective on shares of Advanced Micro Devices in a report on Friday, June 23rd. Credit Suisse Group reaffirmed a “neutral” rating on shares of Advanced Micro Devices in a report on Sunday, May 21st. Finally, Jefferies Group LLC reaffirmed a “buy” rating and set a $16.00 price objective on shares of Advanced Micro Devices in a report on Friday, June 2nd. Five equities research analysts have rated the stock with a sell rating, sixteen have assigned a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company’s stock. Advanced Micro Devices currently has an average rating of “Hold” and a consensus target price of $14.18.

About Advanced Micro Devices

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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