Advanced Micro Devices, Inc. (NASDAQ:AMD) SVP Forrest Eugene Norrod sold 62,500 shares of the business’s stock in a transaction that occurred on Monday, June 11th. The shares were sold at an average price of $15.27, for a total value of $954,375.00. Following the completion of the sale, the senior vice president now owns 668,772 shares of the company’s stock, valued at $10,212,148.44. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Forrest Eugene Norrod also recently made the following trade(s):

  • On Monday, April 30th, Forrest Eugene Norrod sold 62,500 shares of Advanced Micro Devices stock. The shares were sold at an average price of $11.02, for a total value of $688,750.00.

NASDAQ AMD traded down $0.20 on Thursday, reaching $16.12. 7,418,913 shares of the company were exchanged, compared to its average volume of 60,403,586. The firm has a market capitalization of $15.25 billion, a P/E ratio of 201.19, a price-to-earnings-growth ratio of 5.64 and a beta of 2.80. The company has a debt-to-equity ratio of 1.63, a quick ratio of 1.20 and a current ratio of 1.62. Advanced Micro Devices, Inc. has a fifty-two week low of $9.04 and a fifty-two week high of $16.52.

Advanced Micro Devices (NASDAQ:AMD) last released its quarterly earnings data on Wednesday, April 25th. The semiconductor manufacturer reported $0.08 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.06 by $0.02. The company had revenue of $1.65 billion for the quarter, compared to analyst estimates of $1.55 billion. Advanced Micro Devices had a return on equity of 41.01% and a net margin of 3.29%. sell-side analysts forecast that Advanced Micro Devices, Inc. will post 0.36 EPS for the current year.

Several institutional investors have recently made changes to their positions in the company. Coldstream Capital Management Inc. lifted its stake in shares of Advanced Micro Devices by 22.1% in the 1st quarter. Coldstream Capital Management Inc. now owns 22,570 shares of the semiconductor manufacturer’s stock valued at $227,000 after purchasing an additional 4,085 shares during the last quarter. Ladenburg Thalmann Financial Services Inc. lifted its stake in shares of Advanced Micro Devices by 5.4% in the 1st quarter. Ladenburg Thalmann Financial Services Inc. now owns 86,250 shares of the semiconductor manufacturer’s stock valued at $866,000 after purchasing an additional 4,400 shares during the last quarter. Private Advisor Group LLC lifted its stake in shares of Advanced Micro Devices by 33.7% in the 1st quarter. Private Advisor Group LLC now owns 18,011 shares of the semiconductor manufacturer’s stock valued at $181,000 after purchasing an additional 4,538 shares during the last quarter. Profund Advisors LLC lifted its stake in Advanced Micro Devices by 2.3% during the 1st quarter. Profund Advisors LLC now owns 206,893 shares of the semiconductor manufacturer’s stock worth $2,079,000 after acquiring an additional 4,553 shares in the last quarter. Finally, Fuller & Thaler Asset Management Inc. lifted its stake in Advanced Micro Devices by 0.3% during the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 1,535,400 shares of the semiconductor manufacturer’s stock worth $15,784,000 after acquiring an additional 4,700 shares in the last quarter. 63.70% of the stock is currently owned by institutional investors and hedge funds.

Several brokerages recently commented on AMD. Stifel Nicolaus boosted their price target on Advanced Micro Devices from $14.00 to $17.00 and gave the stock a “buy” rating in a research report on Friday, June 1st. Susquehanna Bancshares upgraded Advanced Micro Devices from a “negative” rating to a “neutral” rating and set a $13.87 price target for the company in a research report on Wednesday, May 16th. UBS Group began coverage on Advanced Micro Devices in a research report on Wednesday, April 4th. They set a “neutral” rating and a $11.00 price target for the company. Vetr cut Advanced Micro Devices from a “strong-buy” rating to a “buy” rating and set a $13.62 price target for the company. in a research report on Thursday, March 8th. Finally, BidaskClub upgraded Advanced Micro Devices from a “buy” rating to a “strong-buy” rating in a research report on Wednesday. Four equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating, sixteen have issued a buy rating and one has given a strong buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of $15.07.

Advanced Micro Devices Company Profile

Advanced Micro Devices, Inc operates as a semiconductor company worldwide. It operates in two segments, Computing and Graphics; and Enterprise, Embedded and Semi-Custom. The company's products include x86 microprocessors as an accelerated processing unit (APU), chipsets, discrete and integrated graphics processing units (GPUs), and professional GPUs; 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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