Advanced Micro Devices, Inc. (NASDAQ:AMD) CEO Lisa T. Su sold 82,709 shares of the company’s stock in a transaction on Monday, October 9th. The shares were sold at an average price of $13.62, for a total value of $1,126,496.58. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link.

Shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) traded up 1.71% on Tuesday, hitting $13.70. The company’s stock had a trading volume of 43,248,154 shares. The firm’s market cap is $12.97 billion. The company has a 50 day moving average of $12.77 and a 200 day moving average of $12.72. Advanced Micro Devices, Inc. has a 1-year low of $6.22 and a 1-year high of $15.65.

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

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Several analysts have issued reports on AMD shares. Craig Hallum upped their target price on Advanced Micro Devices from $16.00 to $17.00 and gave the company a “buy” rating in a report on Thursday, June 22nd. Bank of America Corporation reaffirmed a “buy” rating on shares of Advanced Micro Devices in a research note on Sunday, October 1st. Canaccord Genuity upped their price target on Advanced Micro Devices from $17.00 to $20.00 and gave the company a “buy” rating in a research note on Wednesday, June 21st. Wells Fargo & Company reaffirmed an “outperform” rating and issued a $15.00 price target on shares of Advanced Micro Devices in a research note on Friday, June 30th. Finally, Vetr raised Advanced Micro Devices from a “buy” rating to a “strong-buy” rating and set a $15.99 price target on the stock in a research note on Monday, June 26th. Five investment analysts have rated the stock with a sell rating, sixteen have issued a hold rating, nine have issued a buy rating and two have given a strong buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of $13.93.

Several large investors have recently bought and sold shares of the company. Vanguard Group Inc. grew its holdings in shares of Advanced Micro Devices by 6.6% during the second quarter. Vanguard Group Inc. now owns 93,092,619 shares of the semiconductor manufacturer’s stock valued at $1,161,796,000 after purchasing an additional 5,797,819 shares during the last quarter. Baillie Gifford & Co. bought a new position in shares of Advanced Micro Devices during the second quarter valued at approximately $184,767,000. Schwab Charles Investment Management Inc. grew its holdings in shares of Advanced Micro Devices by 39.4% during 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 purchasing an additional 1,455,622 shares during the last quarter. Legal & General Group Plc grew its holdings in shares of Advanced Micro Devices by 12.2% during the second quarter. Legal & General Group Plc now owns 3,927,691 shares of the semiconductor manufacturer’s stock valued at $49,018,000 after purchasing an additional 428,379 shares during the last quarter. Finally, Janus Henderson Group PLC grew its holdings in shares of Advanced Micro Devices by 3,815.8% during the second quarter. Janus Henderson Group PLC now owns 3,833,805 shares of the semiconductor manufacturer’s stock valued at $47,845,000 after purchasing an additional 3,735,900 shares during the last quarter. 59.11% of the stock is owned by institutional investors.

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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