Advanced Micro Devices, Inc. (NASDAQ:AMD) SVP James Robert Anderson sold 20,000 shares of the firm’s stock in a transaction on Friday, November 17th. The stock was sold at an average price of $11.44, for a total transaction of $228,800.00. Following the completion of the sale, the senior vice president now owns 473,773 shares of the company’s stock, valued at $5,419,963.12. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

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

  • On Friday, October 27th, James Robert Anderson sold 20,000 shares of Advanced Micro Devices stock. The shares were sold at an average price of $12.04, for a total transaction of $240,800.00.
  • 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.

Shares of Advanced Micro Devices, Inc. (NASDAQ AMD) traded down $0.04 during mid-day trading on Tuesday, hitting $11.34. The stock had a trading volume of 35,948,801 shares, compared to its average volume of 68,213,672. The company has a debt-to-equity ratio of 2.61, a current ratio of 1.70 and a quick ratio of 1.20. Advanced Micro Devices, Inc. has a twelve month low of $8.26 and a twelve month high of $15.65.

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A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. Belpointe Asset Management LLC acquired a new stake in shares of Advanced Micro Devices in the 3rd quarter worth $945,000. Cetera Investment Advisers acquired a new stake in shares of Advanced Micro Devices in the 3rd quarter worth $137,000. Independent Advisor Alliance acquired a new stake in shares of Advanced Micro Devices in the 3rd quarter worth $215,000. Neuberger Berman Group LLC increased its stake in shares of Advanced Micro Devices by 8.8% in the 3rd quarter. Neuberger Berman Group LLC now owns 76,294 shares of the semiconductor manufacturer’s stock worth $973,000 after acquiring an additional 6,181 shares during the last quarter. Finally, California Public Employees Retirement System increased its stake in shares of Advanced Micro Devices by 4.8% in the 3rd quarter. California Public Employees Retirement System now owns 1,522,529 shares of the semiconductor manufacturer’s stock worth $19,412,000 after acquiring an additional 69,729 shares during the last quarter. 60.87% of the stock is owned by hedge funds and other institutional investors.

A number of research firms recently weighed in on AMD. BMO Capital Markets lowered 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 report on Wednesday, July 26th. Barclays PLC reaffirmed an “underweight” rating and issued a $9.00 price objective on shares of Advanced Micro Devices in a research report on Thursday, August 10th. Wells Fargo & Company reaffirmed an “outperform” rating on shares of Advanced Micro Devices in a research report on Wednesday, August 23rd. Susquehanna Bancshares Inc reaffirmed a “neutral” rating and issued a $15.00 price objective on shares of Advanced Micro Devices in a research report on Wednesday, September 20th. Finally, Zacks Investment Research raised shares of Advanced Micro Devices from a “hold” rating to a “buy” rating and set a $16.00 price objective on the stock in a research report on Monday, July 31st. Six investment analysts have rated the stock with a sell rating, sixteen have issued a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and an average price target of $14.05.

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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