Advanced Micro Devices, Inc. (NASDAQ:AMD) CEO Lisa T. Su sold 84,813 shares of the firm’s stock in a transaction dated Thursday, August 10th. The stock was sold at an average price of $12.46, for a total transaction of $1,056,769.98. Following the sale, the chief executive officer now owns 2,059,452 shares of the company’s stock, valued at $25,660,771.92. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) traded up 0.91% during mid-day trading on Friday, hitting $12.23. 63,537,073 shares of the stock traded hands. The stock has a 50-day moving average of $13.53 and a 200 day moving average of $12.83. The stock’s market cap is $11.58 billion. 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 released its earnings results on Tuesday, July 25th. The semiconductor manufacturer reported $0.02 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.02) by $0.04. The company had revenue of $1.22 billion during the quarter, compared to analysts’ expectations of $1.16 billion. Advanced Micro Devices had a negative return on equity of 24.34% and a negative net margin of 11.82%. The business’s revenue was up 19.0% on a year-over-year basis. During the same period in the prior year, the business posted ($0.05) EPS. Equities analysts predict that Advanced Micro Devices, Inc. will post $0.10 EPS for the current fiscal year.

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Several institutional investors have recently added to or reduced their stakes in the stock. Meeder Asset Management Inc. acquired a new position in Advanced Micro Devices during the first quarter valued at approximately $100,000. Intellectus Partners LLC purchased a new position in shares of Advanced Micro Devices during the first quarter valued at about $116,000. Bluestein R H & Co. purchased a new position in shares of Advanced Micro Devices during the first quarter valued at about $146,000. Harbor Advisors LLC purchased a new position in shares of Advanced Micro Devices during the first quarter valued at about $146,000. Finally, K.J. Harrison & Partners Inc purchased a new position in shares of Advanced Micro Devices during the second quarter valued at about $125,000. Institutional investors own 57.34% of the company’s stock.

AMD has been the subject of several recent analyst reports. Summit Redstone restated a “hold” rating on shares of Advanced Micro Devices in a research report on Saturday, July 22nd. Canaccord Genuity reiterated a “buy” rating and set a $17.00 price target on shares of Advanced Micro Devices in a research report on Friday, May 19th. Zacks Investment Research upgraded shares of Advanced Micro Devices from a “hold” rating to a “buy” rating and set a $15.00 price target for the company in a research report on Monday, May 1st. MKM Partners reiterated a “neutral” rating and set a $13.00 price target on shares of Advanced Micro Devices in a research report on Friday, July 21st. Finally, Oppenheimer Holdings, Inc. reiterated a “market perform” rating on shares of Advanced Micro Devices in a research report on Friday, July 28th. Five research analysts have rated the stock with a sell rating, sixteen have assigned a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the stock. Advanced Micro Devices 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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