Advanced Micro Devices (NASDAQ:AMD) Shares Down 1.2% on Insider Selling

Advanced Micro Devices, Inc. (NASDAQ:AMD) was down 1.2% on Monday after an insider sold shares in the company. The company traded as low as $272.00 and last traded at $274.95. Approximately 34,652,942 shares were traded during mid-day trading, a decline of 8% from the average daily volume of 37,506,793 shares. The stock had previously closed at $278.39.

Specifically, EVP Mark D. Papermaster sold 27,109 shares of Advanced Micro Devices stock in a transaction on Thursday, April 16th. The shares were sold at an average price of $275.00, for a total value of $7,454,975.00. Following the completion of the sale, the executive vice president owned 1,267,357 shares in the company, valued at approximately $348,523,175. The trade was a 2.09% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Mark D. Papermaster sold 6,000 shares of Advanced Micro Devices stock in a transaction on Wednesday, April 15th. The stock was sold at an average price of $255.54, for a total transaction of $1,533,240.00. Following the completion of the sale, the executive vice president owned 1,294,466 shares of the company’s stock, valued at approximately $330,787,841.64. This trade represents a 0.46% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Analyst Upgrades and Downgrades

A number of analysts recently issued reports on AMD shares. Jefferies Financial Group restated a “buy” rating on shares of Advanced Micro Devices in a research note on Tuesday, February 24th. Roth Mkm restated a “buy” rating on shares of Advanced Micro Devices in a research note on Tuesday, February 24th. UBS Group set a $310.00 target price on shares of Advanced Micro Devices in a report on Wednesday, February 4th. Wells Fargo & Company reissued an “overweight” rating and set a $345.00 target price on shares of Advanced Micro Devices in a report on Friday, January 30th. Finally, TD Cowen reissued a “buy” rating on shares of Advanced Micro Devices in a report on Wednesday, February 25th. One research analyst has rated the stock with a Strong Buy rating, thirty have assigned a Buy rating and nine have given a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $292.14.

Key Headlines Impacting Advanced Micro Devices

Here are the key news stories impacting Advanced Micro Devices this week:

• Positive Sentiment: Stifel raised its price target on AMD to $320 (from $280) and kept a Buy rating, signaling stronger conviction in continued AI-infrastructure demand that supports AMD’s growth outlook. Stifel Raises AMD Target to $320: Is the AI Chip Rally Just Getting Started?
• Positive Sentiment: Analysts say an AI-driven “CPU renaissance” is boosting demand for CPUs across AMD, Arm and Intel — a macro tailwind that supports higher long-term revenue and multiple expansion for AMD. AI-Driven ‘CPU Renaissance’ To Boost AMD, Arm And Intel, Analyst Says
• Positive Sentiment: Reports say AMD’s Instinct MI500 news lifted GlobalFoundries (GFS) shares on signs of collaboration — indicative that AMD’s MI500 accelerator is gaining partner traction in the supply chain. That strengthens AI product validation and potential capacity planning for AMD. AMD Boosts GlobalFoundries (GFS) Stock With Instinct MI500 News
• Positive Sentiment: Bank of America and other outlets have recently revised AMD coverage/targets upward amid strong AI momentum, adding to bullish analyst-driven flows. Bank of America revamps AMD stock price target
• Positive Sentiment: AMD is deepening collaborations with France to support national AI strategy — a sign of wins in government/infrastructure deals that can drive multi-year demand. Advanced Micro Devices Inc. (AMD) to Deepen Collaboration with France to Support AI Strategy
• Neutral Sentiment: Zacks and other stock-focus pieces profile AMD as a strong/trending growth stock — useful for investor interest but largely descriptive rather than news-driving. Here’s Why Advanced Micro Devices (AMD) is a Strong Growth Stock
• Negative Sentiment: Two recent disclosures show AMD executive stock sales totaling roughly $9M — a potential near-term negative signal for some investors and a possible contributor to intraday selling pressure. Advanced Micro Devices (NASDAQ:AMD) EVP Sells $7,454,975.00 in Stock Advanced Micro Devices (NASDAQ:AMD) EVP Sells $1,533,240.00 in Stock

Advanced Micro Devices Stock Down 1.2%

The company has a market capitalization of $448.26 billion, a price-to-earnings ratio of 103.75, a PEG ratio of 1.03 and a beta of 1.96. The stock’s fifty day simple moving average is $212.61 and its two-hundred day simple moving average is $221.37. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.85 and a quick ratio of 2.01.

Advanced Micro Devices (NASDAQ:AMD) last issued its earnings results on Tuesday, February 3rd. The semiconductor manufacturer reported $1.53 earnings per share for the quarter, topping analysts’ consensus estimates of $1.32 by $0.21. The company had revenue of $10.27 billion for the quarter, compared to analysts’ expectations of $9.65 billion. Advanced Micro Devices had a net margin of 12.52% and a return on equity of 8.84%. The firm’s revenue was up 34.1% compared to the same quarter last year. During the same period in the prior year, the company earned $1.09 earnings per share. On average, sell-side analysts predict that Advanced Micro Devices, Inc. will post 5.75 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Advanced Micro Devices

Institutional investors have recently modified their holdings of the company. Joseph Group Capital Management bought a new position in shares of Advanced Micro Devices during the fourth quarter worth about $25,000. Cornerstone Financial Management LLC bought a new position in shares of Advanced Micro Devices during the fourth quarter worth about $27,000. Sarver Vrooman Wealth Advisors bought a new position in shares of Advanced Micro Devices during the fourth quarter worth about $27,000. Basepoint Wealth LLC bought a new position in shares of Advanced Micro Devices during the fourth quarter worth about $30,000. Finally, Wilkerson Advisory Group LLC bought a new position in shares of Advanced Micro Devices during the fourth quarter worth about $33,000. Institutional investors own 71.34% of the company’s stock.

About Advanced Micro Devices

Advanced Micro Devices, Inc (NASDAQ: AMD) is a global semiconductor company that designs and sells microprocessors, graphics processors, chipsets and adaptive computing solutions for a broad set of markets. The company’s product portfolio includes consumer and commercial CPUs under the Ryzen and Threadripper brands, data center processors under the EPYC brand, and Radeon graphics processing units for gaming and professional visualization. AMD also offers semi-custom system-on-chip (SoC) products for gaming consoles and other specialized applications, and provides supporting software and platform technologies for OEMs, cloud service providers and end users.

Founded in 1969, AMD has evolved from a supplier of logic chips into a diversified, fabless semiconductor designer.