Advanced Micro Devices, Inc. (NASDAQ:AMD) SVP James Robert Anderson sold 20,000 shares of the stock in a transaction on Wednesday, August 23rd. The stock was sold at an average price of $12.10, for a total value of $242,000.00. Following the completion of the sale, the senior vice president now owns 533,773 shares of the company’s stock, valued at approximately $6,458,653.30. The sale was disclosed in a filing with the SEC, which is accessible through this link.

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

  • On Friday, August 4th, James Robert Anderson sold 130,217 shares of Advanced Micro Devices stock. The stock was sold at an average price of $13.18, for a total value of $1,716,260.06.
  • On Friday, July 28th, James Robert Anderson sold 20,000 shares of Advanced Micro Devices stock. The stock was sold at an average price of $13.91, for a total value of $278,200.00.
  • On Friday, June 23rd, James Robert Anderson sold 20,000 shares of Advanced Micro Devices stock. The stock was sold at an average price of $14.19, for a total value of $283,800.00.
  • On Monday, June 19th, James Robert Anderson sold 160,122 shares of Advanced Micro Devices stock. The stock was sold at an average price of $12.48, for a total value of $1,998,322.56.

Shares of Advanced Micro Devices, Inc. (NASDAQ AMD) traded down 0.56% during trading on Friday, hitting $12.43. 29,732,049 shares of the stock were exchanged. Advanced Micro Devices, Inc. has a one year low of $5.66 and a one year high of $15.65. The company’s market cap is $11.77 billion. The stock’s 50 day moving average price is $13.28 and its 200-day moving average price is $12.93.

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

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A number of hedge funds and other institutional investors have recently made changes to their positions in AMD. Meeder Asset Management Inc. purchased a new position in Advanced Micro Devices during the first quarter worth approximately $100,000. Intellectus Partners LLC purchased a new position in Advanced Micro Devices during the first quarter worth approximately $116,000. Bluestein R H & Co. purchased a new position in Advanced Micro Devices during the first quarter worth approximately $146,000. Harbor Advisors LLC purchased a new position in Advanced Micro Devices during the first quarter worth approximately $146,000. Finally, K.J. Harrison & Partners Inc purchased a new position in Advanced Micro Devices during the second quarter worth approximately $125,000. 56.37% of the stock is currently owned by hedge funds and other institutional investors.

AMD has been the subject of several research reports. Bank of America Corporation reissued a “buy” rating and set a $18.00 price objective on shares of Advanced Micro Devices in a report on Thursday. Rosenblatt Securities reissued a “buy” rating on shares of Advanced Micro Devices in a report on Wednesday. Wells Fargo & Company reissued an “outperform” rating on shares of Advanced Micro Devices in a report on Wednesday. Canaccord Genuity reissued a “buy” rating and set a $20.00 price objective on shares of Advanced Micro Devices in a report on Tuesday, August 15th. Finally, Barclays PLC reissued an “underweight” rating and set a $9.00 price objective on shares of Advanced Micro Devices in a report on Thursday, August 10th. Five equities research analysts have rated the stock with a sell rating, sixteen have issued a hold rating, ten have issued a buy rating and one has issued a strong buy rating to the company’s stock. Advanced Micro Devices currently has a consensus rating of “Hold” and a consensus price target 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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