Advanced Micro Devices, Inc. (NASDAQ:AMD) insider Mark D. Papermaster sold 34,330 shares of the stock in a transaction that occurred on Wednesday, December 27th. The shares were sold at an average price of $10.62, for a total transaction of $364,584.60. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink.

Advanced Micro Devices, Inc. (NASDAQ AMD) opened at $10.28 on Friday. The firm has a market cap of $9,918.13, a P/E ratio of -114.22, a price-to-earnings-growth ratio of 79.59 and a beta of 2.46. The company has a debt-to-equity ratio of 2.61, a current ratio of 1.70 and a quick ratio of 1.20. Advanced Micro Devices, Inc. has a 12 month low of $9.42 and a 12 month high of $15.65.

A number of institutional investors have recently added to or reduced their stakes in the business. Coldstream Capital Management Inc. increased its stake 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 buying an additional 60 shares during the period. Wealthfront Inc. increased its stake in Advanced Micro Devices by 0.5% in the 2nd quarter. Wealthfront Inc. now owns 20,050 shares of the semiconductor manufacturer’s stock valued at $250,000 after buying an additional 104 shares during the period. Neuberger Berman Group LLC increased its stake 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 purchasing an additional 272 shares during the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS increased its stake 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 purchasing an additional 348 shares during the last quarter. Finally, Sequoia Financial Advisors LLC increased its stake in shares of Advanced Micro Devices by 6.2% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 22,200 shares of the semiconductor manufacturer’s stock worth $277,000 after purchasing an additional 1,300 shares during the last quarter. Hedge funds and other institutional investors own 60.09% of the company’s stock.

Several research firms recently commented on AMD. BidaskClub lowered shares of Advanced Micro Devices from a “hold” rating to a “sell” rating in a research note on Wednesday. Macquarie raised shares of Advanced Micro Devices from an “underperform” rating to a “neutral” rating and increased their target price for the company from $10.29 to $10.47 in a research note on Monday, December 18th. Goldman Sachs Group cut their target price on shares of Advanced Micro Devices from $11.40 to $10.40 and set a “sell” rating for the company in a research note on Wednesday, November 29th. Mizuho reissued a “buy” rating and set a $17.00 target price on shares of Advanced Micro Devices in a research note on Tuesday, November 28th. Finally, Bank of America reissued a “buy” rating and set a $18.00 target price on shares of Advanced Micro Devices in a research note on Tuesday, November 14th. Five research analysts have rated the stock with a sell rating, sixteen have assigned a hold rating, ten have given a buy rating and one has issued a strong buy rating to the company’s stock. Advanced Micro Devices currently has an average rating of “Hold” and a consensus target price of $14.73.

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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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