Advanced Micro Devices, Inc. (AMD) SVP Sells $754,500.00 in Stock

Advanced Micro Devices, Inc. (NASDAQ:AMD) SVP James Robert Anderson sold 75,000 shares of Advanced Micro Devices stock in a transaction on Thursday, December 7th. The shares were sold at an average price of $10.06, for a total value of $754,500.00. Following the sale, the senior vice president now directly owns 398,773 shares of the company’s stock, valued at approximately $4,011,656.38. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.

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

  • On Thursday, December 14th, James Robert Anderson sold 75,000 shares of Advanced Micro Devices stock. The shares were sold at an average price of $10.03, for a total value of $752,250.00.
  • On Monday, December 11th, James Robert Anderson sold 75,000 shares of Advanced Micro Devices stock. The shares were sold at an average price of $10.00, for a total value of $750,000.00.
  • On Friday, November 17th, James Robert Anderson sold 20,000 shares of Advanced Micro Devices stock. The shares were sold at an average price of $11.44, for a total value of $228,800.00.
  • 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 value 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 value of $265,200.00.

Advanced Micro Devices, Inc. (AMD) traded down $0.27 during midday trading on Friday, hitting $10.28. The stock had a trading volume of 26,591,680 shares, compared to its average volume of 38,451,880. Advanced Micro Devices, Inc. has a 12 month low of $9.42 and a 12 month high of $15.65. The company has a debt-to-equity ratio of 2.61, a quick ratio of 1.20 and a current ratio of 1.70. The company has a market cap of $10,178.63, a price-to-earnings ratio of -114.22, a PEG ratio of 81.68 and a beta of 2.46.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Baillie Gifford & Co. bought a new stake in shares of Advanced Micro Devices in the 2nd quarter valued at about $184,767,000. Fjarde AP Fonden Fourth Swedish National Pension Fund lifted its stake in shares of Advanced Micro Devices by 51.7% in the 2nd quarter. Fjarde AP Fonden Fourth Swedish National Pension Fund now owns 200,824 shares of the semiconductor manufacturer’s stock valued at $2,506,000 after acquiring an additional 68,462 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in shares of Advanced Micro Devices by 20.5% in the 2nd quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 159,983 shares of the semiconductor manufacturer’s stock valued at $1,997,000 after acquiring an additional 27,233 shares during the last quarter. KBC Group NV lifted its stake in shares of Advanced Micro Devices by 16.0% in the 2nd quarter. KBC Group NV now owns 106,877 shares of the semiconductor manufacturer’s stock valued at $1,334,000 after acquiring an additional 14,715 shares during the last quarter. Finally, TB Alternative Assets Ltd. bought a new stake in shares of Advanced Micro Devices in the 3rd quarter valued at about $956,000. 60.09% of the stock is owned by institutional investors.

Several equities research analysts have issued reports on the company. Wells Fargo & Co reaffirmed an “outperform” rating and set a $18.00 price target on shares of Advanced Micro Devices in a research note on Monday, September 25th. Jefferies Group reaffirmed a “buy” rating and set a $19.00 price target on shares of Advanced Micro Devices in a research note on Friday, November 10th. Susquehanna Bancshares reaffirmed a “neutral” rating and set a $15.00 price target on shares of Advanced Micro Devices in a research note on Wednesday, September 20th. BidaskClub lowered Advanced Micro Devices from a “hold” rating to a “sell” rating in a research note on Tuesday, December 5th. Finally, BMO Capital Markets reaffirmed a “hold” rating and set a $15.00 price target on shares of Advanced Micro Devices in a research note on Wednesday, October 18th. Five research analysts have rated the stock with a sell rating, sixteen have given a hold rating, ten have issued a buy rating and one has given a strong buy rating to the company. The company currently has a consensus rating of “Hold” and an average price target of $14.73.

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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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