Advanced Micro Devices, Inc. (NASDAQ:AMD) Director Ahmed Yahia sold 80,000 shares of the stock in a transaction that occurred on Wednesday, August 9th. The shares were sold at an average price of $12.84, for a total transaction of $1,027,200.00. Following the sale, the director now directly owns 182,941 shares of the company’s stock, valued at approximately $2,348,962.44. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Advanced Micro Devices, Inc. (NASDAQ AMD) traded up 0.91% during trading on Friday, reaching $12.23. 63,537,073 shares of the company’s stock traded hands. The stock’s market cap is $11.58 billion. The firm’s 50 day moving average price is $13.53 and its 200-day moving average price is $12.83. Advanced Micro Devices, Inc. has a one year low of $5.66 and a one year high of $15.65.

Advanced Micro Devices (NASDAQ:AMD) last posted its quarterly earnings results on Tuesday, July 25th. The semiconductor manufacturer reported $0.02 earnings per share for the quarter, topping the Zacks’ consensus estimate of ($0.02) by $0.04. Advanced Micro Devices had a negative net margin of 11.82% and a negative return on equity of 24.34%. The business had revenue of $1.22 billion for the quarter, compared to analysts’ expectations of $1.16 billion. During the same period in the prior year, the company posted ($0.05) EPS. The business’s revenue for the quarter was up 19.0% on a year-over-year basis. On average, equities analysts anticipate that Advanced Micro Devices, Inc. will post $0.10 earnings per share for the current fiscal year.

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Large investors have recently added to or reduced their stakes in the company. Meeder Asset Management Inc. acquired a new stake in Advanced Micro Devices during the first quarter valued at approximately $100,000. Intellectus Partners LLC acquired a new stake in Advanced Micro Devices during the first quarter valued at approximately $116,000. K.J. Harrison & Partners Inc acquired a new stake in Advanced Micro Devices during the second quarter valued at approximately $125,000. ING Groep NV acquired a new stake in Advanced Micro Devices during the first quarter valued at approximately $127,000. Finally, Regal Investment Advisors LLC acquired a new stake in Advanced Micro Devices during the second quarter valued at approximately $137,000. Institutional investors and hedge funds own 57.34% of the company’s stock.

AMD has been the subject of a number of analyst reports. Jefferies Group LLC reissued a “buy” rating and set a $16.00 target price on shares of Advanced Micro Devices in a research report on Tuesday, May 2nd. Rosenblatt Securities increased their target price on shares of Advanced Micro Devices from $16.50 to $20.00 and gave the company a “buy” rating in a research report on Tuesday, May 2nd. Zacks Investment Research raised shares of Advanced Micro Devices from a “hold” rating to a “buy” rating and set a $15.00 target price for the company in a research report on Monday, May 1st. Mizuho increased their target price on shares of Advanced Micro Devices from $13.00 to $14.00 and gave the company a “buy” rating in a research report on Tuesday, May 2nd. Finally, Canaccord Genuity reissued a “buy” rating and set a $17.00 target price on shares of Advanced Micro Devices in a research report on Wednesday, May 3rd. Five analysts have rated the stock with a sell rating, sixteen have given a hold rating, ten have assigned a buy rating and one has issued a strong buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $14.18.

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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