Advanced Micro Devices, Inc. (NASDAQ:AMD) CEO Lisa Su sold 125,000 shares of Advanced Micro Devices stock in a transaction dated Tuesday, December 12th. The shares were sold at an average price of $10.04, for a total value of $1,255,000.00. Following the sale, the chief executive officer now owns 1,994,862 shares of the company’s stock, valued at $20,028,414.48. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink.
Advanced Micro Devices, Inc. (NASDAQ:AMD) traded down $0.27 on Friday, reaching $10.28. The company had a trading volume of 26,591,680 shares, compared to its average volume of 38,451,880. The company has a current ratio of 1.70, a quick ratio of 1.20 and a debt-to-equity ratio of 2.61. The firm has a market cap of $10,178.63, a price-to-earnings ratio of -114.22, a P/E/G ratio of 81.68 and a beta of 2.46. Advanced Micro Devices, Inc. has a 12-month low of $9.42 and a 12-month high of $15.65.
Several equities research analysts have recently issued reports on AMD shares. Jefferies Group reiterated a “buy” rating and set a $19.00 price target on shares of Advanced Micro Devices in a report on Wednesday, October 25th. BNP Paribas upgraded Advanced Micro Devices from a “neutral” rating to an “outperform” rating in a report on Thursday, October 12th. Bank of America reiterated a “buy” rating on shares of Advanced Micro Devices in a report on Sunday, October 1st. TheStreet upgraded Advanced Micro Devices from a “d” rating to a “c-” rating in a report on Tuesday, October 24th. Finally, Mizuho reiterated a “buy” rating and set a $17.00 price target on shares of Advanced Micro Devices in a report on Tuesday, November 28th. Five investment analysts have rated the stock with a sell rating, sixteen have given a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $14.73.
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.
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