Advanced Micro Devices, Inc. (NASDAQ:AMD) CEO Lisa T. Su sold 325,000 shares of the stock in a transaction that occurred on Tuesday, September 12th. The shares were sold at an average price of $12.46, for a total value of $4,049,500.00. Following the sale, the chief executive officer now owns 2,037,139 shares of the company’s stock, valued at approximately $25,382,751.94. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Advanced Micro Devices, Inc. (NASDAQ:AMD) traded up 0.25% during midday trading on Thursday, hitting $12.25. The stock had a trading volume of 37,220,155 shares. The stock’s market cap is $11.60 billion. The company has a 50-day moving average of $12.77 and a 200-day moving average of $12.83. Advanced Micro Devices, Inc. has a 1-year low of $5.97 and a 1-year high of $15.65.

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

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AMD has been the subject of a number of research reports. Bank of America Corporation reiterated a “buy” rating and issued a $18.00 price objective on shares of Advanced Micro Devices in a research report on Wednesday, August 16th. Barclays PLC reiterated an “underweight” rating and issued a $9.00 price objective on shares of Advanced Micro Devices in a research report on Thursday, August 10th. Canaccord Genuity reiterated a “buy” rating and issued a $20.00 price objective on shares of Advanced Micro Devices in a research report on Friday, September 8th. Pacific Crest reiterated an “equal weight” rating on shares of Advanced Micro Devices in a research report on Tuesday, June 20th. Finally, Wells Fargo & Company reiterated an “outperform” rating on shares of Advanced Micro Devices in a research report on Thursday, August 10th. Five investment analysts have rated the stock with a sell rating, sixteen have given a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and an average price target of $13.98.

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Trexquant Investment LP acquired a new stake in Advanced Micro Devices in the first quarter valued at $706,000. KBC Group NV increased its holdings in Advanced Micro Devices by 16.0% in the second quarter. KBC Group NV now owns 106,877 shares of the semiconductor manufacturer’s stock valued at $1,334,000 after purchasing an additional 14,715 shares during the period. Meiji Yasuda Asset Management Co Ltd. acquired a new stake in Advanced Micro Devices in the first quarter valued at $148,000. Mitsubishi UFJ Trust & Banking Corp increased its holdings in Advanced Micro Devices by 48.3% in the second quarter. Mitsubishi UFJ Trust & Banking Corp now owns 2,363,776 shares of the semiconductor manufacturer’s stock valued at $29,500,000 after purchasing an additional 769,739 shares during the period. Finally, UBS Asset Management Americas Inc. increased its holdings in Advanced Micro Devices by 392.1% in the first quarter. UBS Asset Management Americas Inc. now owns 1,995,898 shares of the semiconductor manufacturer’s stock valued at $29,040,000 after purchasing an additional 1,590,293 shares during the period. Institutional investors and hedge funds own 59.15% of the company’s stock.

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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