Insider Selling: Advanced Micro Devices, Inc. (NASDAQ:AMD) SVP Sells 18,967 Shares of Stock

Advanced Micro Devices, Inc. (NASDAQ:AMD) SVP Harry A. Wolin sold 18,967 shares of the firm’s stock in a transaction on Wednesday, December 27th. The shares were sold at an average price of $10.62, for a total value of $201,429.54. Following the transaction, the senior vice president now owns 975,517 shares in the company, valued at $10,359,990.54. The sale was disclosed in a document filed with the SEC, which is available at this link.

Shares of Advanced Micro Devices, Inc. (NASDAQ AMD) opened at $12.02 on Friday. The stock has a market capitalization of $11,600.00, a PE ratio of -150.25, a PEG ratio of 6.33 and a beta of 2.47. The company has a current ratio of 1.70, a quick ratio of 1.20 and a debt-to-equity ratio of 2.61. Advanced Micro Devices, Inc. has a 12-month low of $9.42 and a 12-month high of $15.65.

Several institutional investors and hedge funds have recently modified their holdings of AMD. Coldstream Capital Management Inc. lifted its position in Advanced Micro Devices by 0.3% in the second quarter. Coldstream Capital Management Inc. now owns 20,735 shares of the semiconductor manufacturer’s stock valued at $259,000 after purchasing an additional 60 shares during the last quarter. Wealthfront Inc. lifted its position in Advanced Micro Devices by 0.5% in the second quarter. Wealthfront Inc. now owns 20,050 shares of the semiconductor manufacturer’s stock valued at $250,000 after purchasing an additional 104 shares during the last quarter. Neuberger Berman Group LLC lifted its position in Advanced Micro Devices by 0.4% in the second quarter. Neuberger Berman Group LLC now owns 70,113 shares of the semiconductor manufacturer’s stock valued at $875,000 after purchasing an additional 272 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS lifted its position in Advanced Micro Devices by 0.6% in the second quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 57,571 shares of the semiconductor manufacturer’s stock valued at $718,000 after purchasing an additional 348 shares during the last quarter. Finally, Sequoia Financial Advisors LLC lifted its position in Advanced Micro Devices by 6.2% in the second quarter. Sequoia Financial Advisors LLC now owns 22,200 shares of the semiconductor manufacturer’s stock valued at $277,000 after purchasing an additional 1,300 shares during the last quarter. Hedge funds and other institutional investors own 60.09% of the company’s stock.

A number of research firms have recently commented on AMD. Susquehanna Bancshares reiterated 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 lowered Advanced Micro Devices from a “hold” rating to a “sell” rating in a report on Tuesday, December 5th. Jefferies Group reissued a “buy” rating and issued a $19.00 price objective on shares of Advanced Micro Devices in a report on Friday, November 10th. Loop Capital reissued a “hold” rating and issued a $13.00 price objective (down previously from $14.00) on shares of Advanced Micro Devices in a report on Wednesday, October 25th. Finally, Macquarie raised Advanced Micro Devices from an “underperform” rating to a “neutral” rating and lifted their price objective for the stock from $10.29 to $10.47 in a report on Monday, December 18th. Four research analysts have rated the stock with a sell rating, seventeen have given a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company. Advanced Micro Devices has a consensus rating of “Hold” and an average target price 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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