Advanced Micro Devices, Inc. (NASDAQ:AMD) insider Darla M. Smith sold 27,288 shares of the stock in a transaction dated Wednesday, November 1st. The stock was sold at an average price of $11.13, for a total transaction of $303,715.44. Following the sale, the insider now owns 31,236 shares in the company, valued at $347,656.68. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Advanced Micro Devices, Inc. (AMD) traded up $0.32 during midday trading on Friday, reaching $11.12. 42,294,228 shares of the company traded hands, compared to its average volume of 63,809,472.

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A number of research firms have recently weighed in on AMD. BMO Capital Markets downgraded shares of Advanced Micro Devices from an “outperform” rating to a “market perform” rating and set a $15.00 price target on the stock. in a research note on Wednesday, July 26th. Barclays PLC restated an “underweight” rating and issued a $9.00 price target on shares of Advanced Micro Devices in a research note on Thursday, August 10th. Wells Fargo & Company restated an “outperform” rating on shares of Advanced Micro Devices in a research note on Wednesday, August 23rd. Susquehanna Bancshares Inc restated a “neutral” rating and issued a $15.00 price target on shares of Advanced Micro Devices in a research note on Wednesday, September 20th. Finally, Stifel Nicolaus restated a “hold” rating and issued a $11.00 price target on shares of Advanced Micro Devices in a research note on Saturday, July 22nd. Seven research analysts have rated the stock with a sell rating, fourteen have issued a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the stock. The company currently has a consensus rating of “Hold” and a consensus price target of $14.36.

Hedge funds and other institutional investors have recently bought and sold shares of the stock. K.J. Harrison & Partners Inc acquired a new stake in Advanced Micro Devices in the 2nd quarter valued at $125,000. First Personal Financial Services purchased a new position in Advanced Micro Devices during the 3rd quarter worth $127,000. Regal Investment Advisors LLC purchased a new position in Advanced Micro Devices during the 2nd quarter worth $137,000. Ausdal Financial Partners Inc. purchased a new position in Advanced Micro Devices during the 3rd quarter worth $139,000. Finally, CAPROCK Group Inc. purchased a new position in Advanced Micro Devices during the 3rd quarter worth $140,000. 59.10% of the stock is owned by institutional investors and hedge funds.

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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