Traders bought shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) on weakness during trading on Monday following insider selling activity. $152.30 million flowed into the stock on the tick-up and $81.29 million flowed out of the stock on the tick-down, for a money net flow of $71.01 million into the stock. Of all stocks tracked, Advanced Micro Devices had the 5th highest net in-flow for the day. Advanced Micro Devices traded down ($0.17) for the day and closed at $11.09Specifically, CEO Lisa T. Su sold 82,709 shares of the firm’s stock in a transaction dated Monday, October 9th. The shares were sold at an average price of $13.62, for a total value of $1,126,496.58. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Darla M. Smith sold 8,172 shares of the firm’s stock in a transaction dated Wednesday, August 16th. The stock was sold at an average price of $12.85, for a total transaction of $105,010.20. Following the completion of the sale, the insider now directly owns 34,934 shares of the company’s stock, valued at $448,901.90. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 1,320,759 shares of company stock worth $16,135,871. 1.60% of the stock is owned by insiders.

AMD has been the subject of several research analyst reports. Jefferies Group LLC set a $19.00 target price on shares of Advanced Micro Devices and gave the stock a “buy” rating in a research report on Wednesday, July 26th. Rosenblatt Securities reaffirmed a “buy” rating and issued a $20.00 target price on shares of Advanced Micro Devices in a research report on Tuesday, July 18th. Canaccord Genuity reissued a “buy” rating and set a $20.00 price target on shares of Advanced Micro Devices in a research report on Monday, July 17th. Bank of America Corporation set a $18.00 price target on shares of Advanced Micro Devices and gave the company a “buy” rating in a research report on Wednesday, July 26th. Finally, Mizuho reissued a “buy” rating and set a $17.00 price target (up from $15.00) on shares of Advanced Micro Devices in a research report on Wednesday, July 26th. Six investment analysts have rated the stock with a sell rating, sixteen have given a hold rating, ten have assigned a buy rating and one has assigned a strong buy rating to the company. The stock presently has an average rating of “Hold” and a consensus target price of $14.05.

The company has a debt-to-equity ratio of 2.61, a quick ratio of 1.20 and a current ratio of 1.70.

Several hedge funds and other institutional investors have recently modified their holdings of the company. Coldstream Capital Management Inc. lifted its holdings in Advanced Micro Devices by 0.3% in the 2nd quarter. Coldstream Capital Management Inc. now owns 20,735 shares of the semiconductor manufacturer’s stock valued at $259,000 after purchasing an additional 60 shares in the last quarter. Wealthfront Inc. raised its holdings in shares of Advanced Micro Devices by 0.5% during the 2nd quarter. Wealthfront Inc. now owns 20,050 shares of the semiconductor manufacturer’s stock worth $250,000 after acquiring an additional 104 shares during the period. Neuberger Berman Group LLC raised its holdings in shares of Advanced Micro Devices by 0.4% during the 2nd quarter. Neuberger Berman Group LLC now owns 70,113 shares of the semiconductor manufacturer’s stock worth $875,000 after acquiring an additional 272 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its holdings in shares of Advanced Micro Devices by 0.6% during the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 57,571 shares of the semiconductor manufacturer’s stock worth $718,000 after acquiring an additional 348 shares during the period. Finally, National Planning Corp raised its holdings in shares of Advanced Micro Devices by 4.9% during the 2nd quarter. National Planning Corp now owns 12,890 shares of the semiconductor manufacturer’s stock worth $157,000 after acquiring an additional 600 shares during the period. 58.63% of the stock is currently owned by institutional investors and hedge funds.

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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.

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