Advanced Micro Devices, Inc. (AMD) SVP James Robert Anderson Sells 125,000 Shares

Advanced Micro Devices, Inc. (NASDAQ:AMD) SVP James Robert Anderson sold 125,000 shares of the company’s stock in a transaction that occurred on Wednesday, February 21st. The shares were sold at an average price of $11.92, for a total value of $1,490,000.00. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.

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

  • On Thursday, December 14th, James Robert Anderson sold 75,000 shares of Advanced Micro Devices stock. The shares were sold at an average price of $10.03, for a total value of $752,250.00.
  • 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.

Advanced Micro Devices, Inc. (AMD) traded up $0.23 during trading on Friday, hitting $12.07. The company had a trading volume of 33,157,301 shares, compared to its average volume of 58,900,000. The company has a debt-to-equity ratio of 2.17, a current ratio of 1.76 and a quick ratio of 1.27. The stock has a market cap of $11,870.00, a P/E ratio of 1,207.00, a P/E/G ratio of 5.05 and a beta of 2.70. Advanced Micro Devices, Inc. has a 52 week low of $9.70 and a 52 week high of $15.65.

Advanced Micro Devices (NASDAQ:AMD) last posted its quarterly earnings results on Tuesday, January 30th. The semiconductor manufacturer reported $0.08 earnings per share for the quarter, topping the consensus estimate of $0.04 by $0.04. The company had revenue of $1.48 billion for the quarter, compared to the consensus estimate of $1.40 billion. Advanced Micro Devices had a return on equity of 16.76% and a net margin of 0.81%. The firm’s quarterly revenue was up 33.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted ($0.01) EPS. research analysts predict that Advanced Micro Devices, Inc. will post 0.3 earnings per share for the current fiscal year.

Institutional investors have recently bought and sold shares of the stock. NINE MASTS CAPITAL Ltd purchased a new stake in shares of Advanced Micro Devices in the 4th quarter worth approximately $102,000. Chilton Investment Co. LLC purchased a new stake in shares of Advanced Micro Devices in the 4th quarter worth approximately $103,000. Stone Ridge Asset Management LLC purchased a new stake in shares of Advanced Micro Devices in the 4th quarter worth approximately $104,000. Bronfman E.L. Rothschild L.P. grew its stake in shares of Advanced Micro Devices by 1,655.2% in the 3rd quarter. Bronfman E.L. Rothschild L.P. now owns 8,741 shares of the semiconductor manufacturer’s stock worth $111,000 after buying an additional 8,243 shares during the last quarter. Finally, Ellington Management Group LLC purchased a new stake in Advanced Micro Devices during the 4th quarter valued at $114,000. Institutional investors own 59.86% of the company’s stock.

A number of research firms have commented on AMD. Zacks Investment Research lowered Advanced Micro Devices from a “buy” rating to a “hold” rating in a research report on Monday, February 5th. Vetr raised Advanced Micro Devices from a “sell” rating to a “hold” rating and set a $13.28 price target for the company in a research report on Monday, February 5th. BidaskClub lowered Advanced Micro Devices from a “hold” rating to a “sell” rating in a research report on Tuesday, December 5th. Argus raised Advanced Micro Devices from a “hold” rating to a “buy” rating and upped their price target for the company from $13.74 to $18.00 in a research report on Thursday, February 1st. Finally, Susquehanna Bancshares lowered their price target on Advanced Micro Devices from $15.00 to $13.00 and set a “neutral” rating for the company in a research report on Thursday, January 18th. Four analysts have rated the stock with a sell rating, fifteen have given a hold rating and thirteen have given a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $14.88.

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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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