Advanced Micro Devices, Inc. (NASDAQ:AMD) CFO Devinder Kumar sold 117,120 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 $1,414,809.60. Following the sale, the chief financial officer now owns 698,313 shares of the company’s stock, valued at approximately $8,435,621.04. The sale was disclosed in a document filed with the SEC, which is available through this link.

Devinder Kumar also recently made the following trade(s):

  • On Wednesday, December 27th, Devinder Kumar sold 36,293 shares of Advanced Micro Devices stock. The shares were sold at an average price of $10.62, for a total transaction of $385,431.66.
  • On Wednesday, November 29th, Devinder Kumar sold 113,519 shares of Advanced Micro Devices stock. The shares were sold at an average price of $11.04, for a total transaction of $1,253,249.76.
  • On Friday, November 17th, Devinder Kumar sold 99,207 shares of Advanced Micro Devices stock. The shares were sold at an average price of $11.45, for a total transaction of $1,135,920.15.
  • On Monday, November 6th, Devinder Kumar sold 121,875 shares of Advanced Micro Devices stock. The shares were sold at an average price of $11.85, for a total transaction of $1,444,218.75.

Advanced Micro Devices, Inc. (NASDAQ AMD) opened at $12.59 on Friday. 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 $9.67 and a 12-month high of $15.65. The stock has a market cap of $12,031.04, a P/E ratio of -139.89, a PEG ratio of 6.50 and a beta of 2.47.

Several institutional investors have recently modified their holdings of the company. Coldstream Capital Management Inc. grew its position in shares of Advanced Micro Devices by 0.3% in the 2nd quarter. Coldstream Capital Management Inc. now owns 20,735 shares of the semiconductor manufacturer’s stock worth $259,000 after buying an additional 60 shares during the last quarter. Wealthfront Inc. grew its position in shares of Advanced Micro Devices by 0.5% in the 2nd quarter. Wealthfront Inc. now owns 20,050 shares of the semiconductor manufacturer’s stock worth $250,000 after buying an additional 104 shares during the last quarter. Neuberger Berman Group LLC grew its position in shares of Advanced Micro Devices by 0.4% in the 2nd quarter. Neuberger Berman Group LLC now owns 70,113 shares of the semiconductor manufacturer’s stock worth $875,000 after buying an additional 272 shares during the last quarter. Nordea Investment Management AB grew its position in shares of Advanced Micro Devices by 4.6% in the 2nd quarter. Nordea Investment Management AB now owns 32,480 shares of the semiconductor manufacturer’s stock worth $405,000 after buying an additional 1,438 shares during the last quarter. Finally, HighTower Advisors LLC grew its position in shares of Advanced Micro Devices by 4.7% in the 2nd quarter. HighTower Advisors LLC now owns 41,126 shares of the semiconductor manufacturer’s stock worth $512,000 after buying an additional 1,856 shares during the last quarter. 60.09% of the stock is currently owned by hedge funds and other institutional investors.

AMD has been the subject of a number of research analyst reports. Jefferies Group reiterated a “buy” rating and set a $19.00 price objective on shares of Advanced Micro Devices in a report on Wednesday, October 25th. TheStreet upgraded shares of Advanced Micro Devices from a “d” rating to a “c-” rating in a report on Tuesday, October 24th. BidaskClub upgraded shares of Advanced Micro Devices from a “sell” rating to a “hold” rating in a report on Friday, January 5th. Morgan Stanley lowered shares of Advanced Micro Devices from an “equal weight” rating to an “underweight” rating and lifted their price objective for the company from $8.00 to $11.00 in a report on Monday, October 30th. Finally, Goldman Sachs Group decreased their price objective on shares of Advanced Micro Devices from $11.40 to $10.40 and set a “sell” rating for the company in a report on Wednesday, November 29th. Four equities research analysts have rated the stock with a sell rating, seventeen have issued a hold rating and eleven have given a buy rating to the company’s stock. The stock currently has an average rating of “Hold” and a consensus target price of $14.56.

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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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