Advanced Micro Devices, Inc. (AMD) SVP Sells $752,250.00 in Stock

Advanced Micro Devices, Inc. (NASDAQ:AMD) SVP James Robert Anderson sold 75,000 shares of the stock in a transaction that occurred on Thursday, December 14th. The shares were sold at an average price of $10.03, for a total value of $752,250.00. Following the transaction, the senior vice president now directly owns 323,773 shares of the company’s stock, valued at approximately $3,247,443.19. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

James Robert Anderson also recently made the following trade(s):

  • On Monday, December 11th, James Robert Anderson sold 75,000 shares of Advanced Micro Devices stock. The shares were sold at an average price of $10.00, for a total value of $750,000.00.
  • On Thursday, December 7th, James Robert Anderson sold 75,000 shares of Advanced Micro Devices stock. The shares were sold at an average price of $10.06, for a total value of $754,500.00.
  • On Friday, November 17th, James Robert Anderson sold 20,000 shares of Advanced Micro Devices stock. The shares were sold at an average price of $11.44, for a total value of $228,800.00.
  • On Friday, October 27th, James Robert Anderson sold 20,000 shares of Advanced Micro Devices stock. The shares were sold at an average price of $12.04, for a total value of $240,800.00.
  • On Friday, September 22nd, James Robert Anderson sold 20,000 shares of Advanced Micro Devices stock. The stock was sold at an average price of $13.26, for a total value of $265,200.00.

Advanced Micro Devices, Inc. (NASDAQ AMD) traded up $0.18 on Thursday, hitting $12.14. The stock had a trading volume of 38,350,000 shares, compared to its average volume of 50,590,000. 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 twelve month low of $9.42 and a twelve month high of $15.65. The firm has a market capitalization of $11,710.00, a PE ratio of -151.75, a P/E/G ratio of 6.19 and a beta of 2.47.

Several research analysts have recently commented on AMD shares. Credit Suisse Group raised their price target on Advanced Micro Devices from $10.50 to $12.00 and gave the stock a “neutral” rating in a research report on Wednesday, October 25th. Jefferies Group restated a “buy” rating and set a $19.00 price target on shares of Advanced Micro Devices in a research report on Wednesday, October 25th. Bank of America restated a “buy” rating on shares of Advanced Micro Devices in a research report on Sunday, October 1st. Goldman Sachs Group lowered their price target on Advanced Micro Devices from $11.40 to $10.40 and set a “sell” rating for the company in a research report on Wednesday, November 29th. Finally, BNP Paribas upgraded Advanced Micro Devices from a “neutral” rating to an “outperform” rating in a research report on Thursday, October 12th. Four research analysts have rated the stock with a sell rating, seventeen have assigned a hold rating, ten have given a buy rating and one has assigned a strong buy rating to the company. The stock currently has an average rating of “Hold” and a consensus target price of $14.73.

Several institutional investors and hedge funds have recently bought and sold shares of the company. Coldstream Capital Management Inc. increased its position in 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 valued at $259,000 after acquiring an additional 60 shares during the period. Wealthfront Inc. increased its position in Advanced Micro Devices by 0.5% in the 2nd quarter. Wealthfront Inc. now owns 20,050 shares of the semiconductor manufacturer’s stock valued at $250,000 after acquiring an additional 104 shares during the period. Neuberger Berman Group LLC increased its position in 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 valued at $875,000 after acquiring an additional 272 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its position in Advanced Micro Devices by 0.6% in the 2nd 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 acquiring an additional 348 shares during the period. Finally, Arizona State Retirement System increased its position in Advanced Micro Devices by 0.6% in the 2nd quarter. Arizona State Retirement System now owns 192,200 shares of the semiconductor manufacturer’s stock valued at $2,399,000 after acquiring an additional 1,200 shares during the period. Institutional investors and hedge funds own 60.09% of the company’s stock.

TRADEMARK VIOLATION WARNING: “Advanced Micro Devices, Inc. (AMD) SVP Sells $752,250.00 in Stock” was first published by Dispatch Tribunal and is the property of of Dispatch Tribunal. If you are accessing this report on another domain, it was illegally stolen and reposted in violation of US and international trademark and copyright legislation. The correct version of this report can be viewed at https://www.dispatchtribunal.com/2018/01/11/james-robert-anderson-sells-75000-shares-of-advanced-micro-devices-inc-amd-stock.html.

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)

Receive News & Ratings for Advanced Micro Devices Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Advanced Micro Devices and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply