Advanced Micro Devices, Inc. (NASDAQ:AMD) SVP Harry A. Wolin sold 75,046 shares of Advanced Micro Devices stock in a transaction dated Tuesday, January 16th. The shares were sold at an average price of $12.08, for a total transaction of $906,555.68. Following the completion of the sale, the senior vice president now owns 1,175,504 shares in the company, valued at $14,200,088.32. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

Shares of Advanced Micro Devices, Inc. (AMD) traded up $0.27 on Wednesday, hitting $12.18. 38,940,000 shares of the stock traded hands, compared to its average volume of 49,130,000. The firm has a market cap of $11,750.00, a PE ratio of -152.25, a P/E/G ratio of 6.27 and a beta of 2.47. 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 12 month low of $9.42 and a 12 month high of $15.65.

Institutional investors and hedge funds have recently made changes to their positions in the company. Bronfman E.L. Rothschild L.P. grew its stake in shares of Advanced Micro Devices by 1,655.2% in the 3rd quarter. Bronfman E.L. Rothschild L.P. now owns 8,741 shares of the semiconductor manufacturer’s stock worth $111,000 after purchasing an additional 8,243 shares during the last quarter. First Personal Financial Services acquired a new position in shares of Advanced Micro Devices in the 3rd quarter worth approximately $127,000. 1492 Capital Management LLC acquired a new position in shares of Advanced Micro Devices in the 3rd quarter worth approximately $128,000. Cetera Investment Advisers acquired a new position in shares of Advanced Micro Devices in the 3rd quarter worth approximately $137,000. Finally, Stratos Wealth Partners LTD. acquired a new position in shares of Advanced Micro Devices in the third quarter worth about $139,000. 60.09% of the stock is currently owned by institutional investors.

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

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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.

Insider Buying and Selling by Quarter for Advanced Micro Devices (NASDAQ:AMD)

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