Advanced Micro Devices, Inc. (NASDAQ:AMD) SVP James Robert Anderson sold 20,000 shares of Advanced Micro Devices stock in a transaction that occurred on Friday, October 27th. The shares were sold at an average price of $12.04, for a total transaction of $240,800.00. Following the completion of the sale, the senior vice president now owns 493,773 shares of the company’s stock, valued at $5,945,026.92. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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

  • 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.
  • On Wednesday, August 23rd, James Robert Anderson sold 20,000 shares of Advanced Micro Devices stock. The shares were sold at an average price of $12.10, for a total transaction of $242,000.00.
  • On Friday, August 4th, James Robert Anderson sold 130,217 shares of Advanced Micro Devices stock. The shares were sold at an average price of $13.18, for a total transaction of $1,716,260.06.

Advanced Micro Devices, Inc. (NASDAQ AMD) traded up 0.872% during midday trading on Tuesday, hitting $10.985. 78,475,975 shares of the stock traded hands. Advanced Micro Devices, Inc. has a 12-month low of $6.22 and a 12-month high of $15.65. The stock’s market capitalization is $10.40 billion. The firm’s 50 day moving average is $13.14 and its 200-day moving average is $12.70.

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Several hedge funds and other institutional investors have recently modified their holdings of AMD. Baillie Gifford & Co. bought a new position in shares of Advanced Micro Devices in the second quarter worth $184,767,000. Vanguard Group Inc. grew its position in Advanced Micro Devices by 6.6% in 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 acquiring an additional 5,797,819 shares during the last quarter. Janus Henderson Group PLC grew its position in Advanced Micro Devices by 3,815.8% in 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 acquiring an additional 3,735,900 shares during the last quarter. Russell Investments Group Ltd. grew its position in Advanced Micro Devices by 3,444.8% in the second quarter. Russell Investments Group Ltd. now owns 3,373,388 shares of the semiconductor manufacturer’s stock valued at $42,109,000 after acquiring an additional 3,278,224 shares during the last quarter. Finally, Quantitative Investment Management LLC bought a new position in Advanced Micro Devices in the second quarter valued at about $36,189,000. Institutional investors own 59.10% of the company’s stock.

A number of brokerages have recently weighed in on AMD. Goldman Sachs Group, Inc. (The) set a $11.00 price objective on shares of Advanced Micro Devices and gave the stock a “sell” rating in a research note on Wednesday, July 26th. Jefferies Group LLC restated a “buy” rating and issued a $19.00 price objective on shares of Advanced Micro Devices in a research note on Wednesday, October 25th. Loop Capital restated a “hold” rating and issued a $13.00 price objective (down from $14.00) on shares of Advanced Micro Devices in a research note on Wednesday, October 25th. BNP Paribas upgraded shares of Advanced Micro Devices from a “neutral” rating to an “outperform” rating in a research note on Thursday, October 12th. Finally, Zacks Investment Research cut shares of Advanced Micro Devices from a “buy” rating to a “hold” rating in a research note on Monday, July 24th. Seven research analysts have rated the stock with a sell rating, fourteen have given a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company’s stock. Advanced Micro Devices has a consensus rating of “Hold” and a consensus price target of $14.36.

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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