Advanced Micro Devices, Inc. (AMD) CEO Lisa T. Su Sells 175,553 Shares
Advanced Micro Devices, Inc. (NASDAQ:AMD) CEO Lisa T. Su sold 175,553 shares of the firm’s stock in a transaction dated Wednesday, November 7th. The shares were sold at an average price of $21.73, for a total value of $3,814,766.69. Following the transaction, the chief executive officer now owns 2,482,683 shares of the company’s stock, valued at approximately $53,948,701.59. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.
Shares of NASDAQ:AMD traded down $0.17 during trading on Friday, reaching $21.03. The company’s stock had a trading volume of 85,768,661 shares, compared to its average volume of 115,954,776. The company has a current ratio of 1.76, a quick ratio of 1.37 and a debt-to-equity ratio of 1.04. Advanced Micro Devices, Inc. has a 12 month low of $9.04 and a 12 month high of $34.14. The company has a market cap of $21.83 billion, a price-to-earnings ratio of 262.88, a PEG ratio of 4.49 and a beta of 3.64.
Advanced Micro Devices (NASDAQ:AMD) last announced its quarterly earnings data on Wednesday, October 24th. The semiconductor manufacturer reported $0.13 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.12 by $0.01. The business had revenue of $1.65 billion during the quarter, compared to the consensus estimate of $1.71 billion. Advanced Micro Devices had a net margin of 5.51% and a return on equity of 47.21%. The firm’s quarterly revenue was up 4.4% compared to the same quarter last year. During the same quarter last year, the firm earned $0.10 earnings per share. As a group, equities analysts forecast that Advanced Micro Devices, Inc. will post 0.35 EPS for the current year.
Hedge funds and other institutional investors have recently made changes to their positions in the business. MinichMacGregor Wealth Management LLC lifted its stake in Advanced Micro Devices by 257.7% in the third quarter. MinichMacGregor Wealth Management LLC now owns 3,219 shares of the semiconductor manufacturer’s stock worth $101,000 after purchasing an additional 2,319 shares during the last quarter. Valeo Financial Advisors LLC lifted its stake in Advanced Micro Devices by 953.4% in the second quarter. Valeo Financial Advisors LLC now owns 6,847 shares of the semiconductor manufacturer’s stock worth $135,000 after purchasing an additional 6,197 shares during the last quarter. Piedmont Investment Advisors LLC bought a new stake in Advanced Micro Devices in the second quarter worth about $140,000. WealthTrust Axiom LLC bought a new stake in Advanced Micro Devices in the second quarter worth about $149,000. Finally, Wealthsource Partners LLC bought a new stake in Advanced Micro Devices in the second quarter worth about $151,000. 66.62% of the stock is owned by institutional investors and hedge funds.
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About Advanced Micro Devices
Advanced Micro Devices, Inc operates as a semiconductor company worldwide. It operates in two segments, Computing and Graphics; and Enterprise, Embedded and Semi-Custom. The company's products include x86 microprocessors as an accelerated processing unit (APU), chipsets, discrete and integrated graphics processing units (GPUs), and professional GPUs; and server and embedded processors, and semi-custom System-on-Chip (SoC) products and technology for game consoles.
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