Insider Selling: Advanced Micro Devices, Inc. (AMD) CEO Sells 125,000 Shares of Stock
Advanced Micro Devices, Inc. (NASDAQ:AMD) CEO Lisa T. Su sold 125,000 shares of Advanced Micro Devices stock in a transaction on Tuesday, December 12th. The stock was sold at an average price of $10.04, for a total transaction of $1,255,000.00. Following the sale, the chief executive officer now owns 1,994,862 shares in the company, valued at approximately $20,028,414.48. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.
Advanced Micro Devices, Inc. (NASDAQ:AMD) traded up $0.21 during trading on Thursday, hitting $10.11. The company had a trading volume of 41,494,800 shares, compared to its average volume of 66,588,289. 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 fifty-two week low of $9.42 and a fifty-two week high of $15.65.
Several institutional investors have recently added to or reduced their stakes in AMD. Nisa Investment Advisors LLC raised its holdings in shares of Advanced Micro Devices by 35.4% in the second quarter. Nisa Investment Advisors LLC now owns 15,300 shares of the semiconductor manufacturer’s stock valued at $191,000 after buying an additional 4,000 shares during the last quarter. NGAM Advisors L.P. bought a new position in shares of Advanced Micro Devices in the second quarter valued at about $547,000. Sei Investments Co. raised its holdings in shares of Advanced Micro Devices by 359.2% in the second quarter. Sei Investments Co. now owns 229,024 shares of the semiconductor manufacturer’s stock valued at $2,858,000 after buying an additional 179,145 shares during the last quarter. Candriam Luxembourg S.C.A. bought a new position in shares of Advanced Micro Devices in the second quarter valued at about $576,000. Finally, Global X Management Co. LLC bought a new position in shares of Advanced Micro Devices in the second quarter valued at about $143,000. 60.13% of the stock is owned by institutional investors and hedge funds.
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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.
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