Advanced Micro Devices, Inc. (NASDAQ:AMD) CFO Devinder Kumar sold 99,207 shares of the firm’s stock in a transaction that occurred on Friday, November 17th. The stock was sold at an average price of $11.45, for a total transaction of $1,135,920.15. Following the sale, the chief financial officer now directly owns 408,333 shares of the company’s stock, valued at approximately $4,675,412.85. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Devinder Kumar also recently made the following trade(s):

  • On Monday, November 6th, Devinder Kumar sold 121,875 shares of Advanced Micro Devices stock. The stock was sold at an average price of $11.85, for a total transaction of $1,444,218.75.
  • On Wednesday, August 23rd, Devinder Kumar sold 121,356 shares of Advanced Micro Devices stock. The stock was sold at an average price of $12.13, for a total transaction of $1,472,048.28.

Advanced Micro Devices, Inc. (AMD) traded down $0.04 on Tuesday, reaching $11.34. 35,948,801 shares of the company traded hands, compared to its average volume of 68,213,672. Advanced Micro Devices, Inc. has a 1-year low of $8.26 and a 1-year high of $15.65. The company has a current ratio of 1.70, a quick ratio of 1.20 and a debt-to-equity ratio of 2.61.

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Institutional investors and hedge funds have recently bought and sold shares of the stock. Bronfman E.L. Rothschild L.P. lifted its position in Advanced Micro Devices by 1,655.2% during the 3rd quarter. Bronfman E.L. Rothschild L.P. now owns 8,741 shares of the semiconductor manufacturer’s stock worth $111,000 after buying an additional 8,243 shares in the last quarter. First Personal Financial Services bought a new stake in Advanced Micro Devices during the 3rd quarter worth about $127,000. K.J. Harrison & Partners Inc bought a new stake in Advanced Micro Devices during the 2nd quarter worth about $125,000. 1492 Capital Management LLC bought a new stake in Advanced Micro Devices during the 3rd quarter worth about $128,000. Finally, Cetera Investment Advisers bought a new stake in Advanced Micro Devices during the 3rd quarter worth about $137,000. 60.87% of the stock is currently owned by institutional investors and hedge funds.

A number of analysts recently weighed in on the stock. Goldman Sachs Group, Inc. (The) set a $11.00 price target on shares of Advanced Micro Devices and gave the company a “sell” rating in a report on Wednesday, July 26th. Jefferies Group LLC reissued a “buy” rating and issued a $19.00 price target on shares of Advanced Micro Devices in a report on Wednesday, October 25th. Loop Capital reissued a “hold” rating and issued a $13.00 price target (down previously from $14.00) on shares of Advanced Micro Devices in a report on Wednesday, October 25th. BNP Paribas raised shares of Advanced Micro Devices from a “neutral” rating to an “outperform” rating in a report on Thursday, October 12th. Finally, Zacks Investment Research lowered shares of Advanced Micro Devices from a “buy” rating to a “hold” rating in a report on Monday, July 24th. Six equities research analysts have rated the stock with a sell rating, sixteen have assigned a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $14.05.

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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