Insider Selling: Advanced Micro Devices, Inc. (AMD) CFO Sells 113,519 Shares of Stock

Advanced Micro Devices, Inc. (NASDAQ:AMD) CFO Devinder Kumar sold 113,519 shares of the company’s stock in a transaction that occurred on Thursday, May 24th. The stock was sold at an average price of $13.14, for a total value of $1,491,639.66. Following the completion of the transaction, the chief financial officer now owns 521,852 shares of the company’s stock, valued at approximately $6,857,135.28. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.

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

  • On Wednesday, February 28th, Devinder Kumar sold 140,473 shares of Advanced Micro Devices stock. The shares were sold at an average price of $12.45, for a total value of $1,748,888.85.

Advanced Micro Devices traded down $0.07, reaching $16.25, during trading on Thursday, according to Marketbeat.com. 112,860,268 shares of the company were exchanged, compared to its average volume of 60,867,813. The company has a market cap of $15.25 billion, a P/E ratio of 203.13, a PEG ratio of 5.64 and a beta of 2.80. The company has a debt-to-equity ratio of 1.63, a current ratio of 1.62 and a quick ratio of 1.20. Advanced Micro Devices, Inc. has a 52 week low of $9.04 and a 52 week high of $16.79.



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

Several large investors have recently added to or reduced their stakes in the company. Coldstream Capital Management Inc. grew its stake in shares of Advanced Micro Devices by 22.1% in the first quarter. Coldstream Capital Management Inc. now owns 22,570 shares of the semiconductor manufacturer’s stock worth $227,000 after purchasing an additional 4,085 shares in the last quarter. Ladenburg Thalmann Financial Services Inc. grew its stake in shares of Advanced Micro Devices by 5.4% in the first quarter. Ladenburg Thalmann Financial Services Inc. now owns 86,250 shares of the semiconductor manufacturer’s stock worth $866,000 after purchasing an additional 4,400 shares in the last quarter. Private Advisor Group LLC grew its stake in shares of Advanced Micro Devices by 33.7% in the first quarter. Private Advisor Group LLC now owns 18,011 shares of the semiconductor manufacturer’s stock worth $181,000 after purchasing an additional 4,538 shares in the last quarter. Profund Advisors LLC grew its stake in shares of Advanced Micro Devices by 2.3% in the first quarter. Profund Advisors LLC now owns 206,893 shares of the semiconductor manufacturer’s stock worth $2,079,000 after purchasing an additional 4,553 shares in the last quarter. Finally, Fuller & Thaler Asset Management Inc. grew its stake in shares of Advanced Micro Devices by 0.3% in the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 1,535,400 shares of the semiconductor manufacturer’s stock worth $15,784,000 after purchasing an additional 4,700 shares in the last quarter. 63.70% of the stock is owned by institutional investors.

A number of brokerages have issued reports on AMD. BidaskClub raised Advanced Micro Devices from a “buy” rating to a “strong-buy” rating in a research report on Wednesday. Stifel Nicolaus upped their target price on Advanced Micro Devices from $14.00 to $17.00 and gave the company a “buy” rating in a research report on Friday, June 1st. Cowen began coverage on Advanced Micro Devices in a research report on Thursday, May 17th. They issued an “outperform” rating and a $18.00 target price on the stock. Susquehanna Bancshares raised Advanced Micro Devices from a “negative” rating to a “neutral” rating and set a $13.87 target price on the stock in a research report on Wednesday, May 16th. Finally, UBS Group raised Advanced Micro Devices to a “neutral” rating in a research report on Wednesday, May 16th. Four research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating, sixteen have issued a buy rating and one has assigned a strong buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus target price 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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