Advanced Micro Devices, Inc. (NASDAQ:AMD) SVP Forrest Eugene Norrod sold 25,701 shares of the business’s stock in a transaction on Thursday, November 9th. The shares were sold at an average price of $11.21, for a total transaction of $288,108.21. Following the sale, the senior vice president now directly owns 729,971 shares of the company’s stock, valued at $8,182,974.91. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website.

Forrest Eugene Norrod also recently made the following trade(s):

  • On Friday, September 8th, Forrest Eugene Norrod sold 62,500 shares of Advanced Micro Devices stock. The shares were sold at an average price of $12.27, for a total transaction of $766,875.00.

Shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) traded down $0.17 during trading hours on Monday, hitting $11.09. 47,525,864 shares of the company were exchanged, compared to its average volume of 68,947,180. The company has a quick ratio of 1.20, a current ratio of 1.70 and a debt-to-equity ratio of 2.61. Advanced Micro Devices, Inc. has a twelve month low of $6.47 and a twelve month high of $15.65.

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Several large investors have recently made changes to their positions in AMD. Tudor Investment Corp ET AL bought a new stake in shares of Advanced Micro Devices during the 1st quarter valued at about $216,000. Public Employees Retirement System of Ohio grew its position in shares of Advanced Micro Devices by 441.7% during the 1st quarter. Public Employees Retirement System of Ohio now owns 192,613 shares of the semiconductor manufacturer’s stock valued at $2,803,000 after buying an additional 157,057 shares during the last quarter. Xact Kapitalforvaltning AB grew its position in Advanced Micro Devices by 8.3% in the 2nd quarter. Xact Kapitalforvaltning AB now owns 117,437 shares of the semiconductor manufacturer’s stock worth $1,466,000 after purchasing an additional 9,046 shares during the last quarter. Capstone Asset Management Co. grew its position in Advanced Micro Devices by 61.2% in the 2nd quarter. Capstone Asset Management Co. now owns 43,916 shares of the semiconductor manufacturer’s stock worth $548,000 after purchasing an additional 16,680 shares during the last quarter. Finally, State of Alaska Department of Revenue bought a new position in Advanced Micro Devices in the 2nd quarter worth about $196,000. 58.63% of the stock is owned by institutional investors and hedge funds.

Several brokerages have recently issued reports on AMD. Bank of America Corporation reissued a “buy” rating and set a $18.00 price objective on shares of Advanced Micro Devices in a research note on Wednesday, August 16th. Barclays PLC reissued an “underweight” rating and set a $9.00 price objective on shares of Advanced Micro Devices in a research note on Thursday, August 10th. Canaccord Genuity restated a “buy” rating and set a $20.00 target price on shares of Advanced Micro Devices in a report on Tuesday, August 15th. Zacks Investment Research lowered shares of Advanced Micro Devices from a “buy” rating to a “hold” rating in a report on Friday. Finally, Wells Fargo & Company restated an “outperform” rating on shares of Advanced Micro Devices in a report on Thursday, August 10th. Six equities research analysts have rated the stock with a sell rating, sixteen have issued a hold rating, ten have assigned a buy rating and one has given a strong buy rating to the company. Advanced Micro Devices has a consensus rating of “Hold” and a consensus target price of $14.05.

About Advanced Micro Devices

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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