Advanced Micro Devices (NASDAQ:AMD) Stock Price Down 5.7% on Insider Selling

Advanced Micro Devices, Inc. (NASDAQ:AMD)’s stock price fell 5.7% during trading on Friday following insider selling activity. The company traded as low as $423.36 and last traded at $424.10. 28,675,778 shares traded hands during mid-day trading, a decline of 27% from the average session volume of 39,494,246 shares. The stock had previously closed at $449.70.

Specifically, CEO Lisa T. Su sold 125,000 shares of the company’s stock in a transaction that occurred on Wednesday, May 13th. The stock was sold at an average price of $445.51, for a total transaction of $55,688,750.00. Following the completion of the transaction, the chief executive officer directly owned 3,021,899 shares of the company’s stock, valued at $1,346,286,223.49. This represents a 3.97% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Paul Darren Grasby sold 24,376 shares of the company’s stock in a transaction that occurred on Friday, May 8th. The stock was sold at an average price of $444.39, for a total value of $10,832,450.64. Following the transaction, the executive vice president directly owned 105,222 shares of the company’s stock, valued at approximately $46,759,604.58. The trade was a 18.81% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure.

Analyst Ratings Changes

Several brokerages have recently weighed in on AMD. Wells Fargo & Company upped their target price on Advanced Micro Devices from $345.00 to $505.00 and gave the stock an “overweight” rating in a research note on Wednesday, May 6th. Citigroup upped their target price on Advanced Micro Devices from $248.00 to $358.00 and gave the stock a “neutral” rating in a research note on Wednesday, May 6th. TD Cowen boosted their price target on Advanced Micro Devices from $290.00 to $500.00 and gave the stock a “buy” rating in a research report on Wednesday, May 6th. DA Davidson boosted their price target on Advanced Micro Devices from $375.00 to $425.00 and gave the stock a “buy” rating in a research report on Wednesday, May 6th. Finally, Erste Group Bank upgraded Advanced Micro Devices from a “hold” rating to a “buy” rating in a research report on Thursday, April 2nd. Two equities research analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and twelve have assigned a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $396.95.

Advanced Micro Devices News Roundup

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

• Positive Sentiment: AMD’s latest quarter was strong, with earnings and revenue both beating expectations, driven by a 57% jump in data center sales and continued demand for EPYC CPUs and Instinct GPUs. 5 Revealing Analyst Questions From AMD’s Q1 Earnings Call
• Positive Sentiment: Several reports highlighted bullish analyst action after Q1, including price-target hikes tied to AMD’s AI and data center growth, reinforcing the long-term AI investment case. Advanced Micro Devices (AMD) Price Target Raised by $110 Following Strong Q1
• Positive Sentiment: AMD also gained support from product news, including expanded FSR 4.1 support for older GPUs and new Ryzen PRO 9000 workstation chips aimed at AI, simulation, and gaming workloads. AMD Stock Slips Despite an FSR 4.1 Expansion to Older GPUs
• Neutral Sentiment: Some commentators remain constructive on AMD’s long-term momentum, arguing it is becoming a more important AI infrastructure player and could benefit as hyperscaler AI spending broadens beyond Nvidia. Why Advanced Micro Devices (AMD) is a Top Momentum Stock for the Long-Term
• Negative Sentiment: AMD is being hit by a broader sell-off in chip stocks after Trump’s China trip ended without a major deal, adding fresh trade-related uncertainty for the sector. NVDA, INTC, AMD: Chip Stocks Drop as Trump’s China Trip Ends with No Major Deal
• Negative Sentiment: Profit-taking and valuation concerns are also weighing on AMD after a sharp AI-driven rally, with analysts warning the recent frenzy in semiconductor stocks may soon moderate. AMD Stock Has Been on a Wild Ride Higher but This Analyst Warns the Frenzy Could Soon Stop

Advanced Micro Devices Trading Down 5.7%

The company has a current ratio of 2.72, a quick ratio of 1.96 and a debt-to-equity ratio of 0.04. The company has a fifty day simple moving average of $269.05 and a 200-day simple moving average of $239.23. The company has a market capitalization of $691.54 billion, a PE ratio of 139.05, a PEG ratio of 1.33 and a beta of 2.40.

Advanced Micro Devices (NASDAQ:AMD) last issued its earnings results on Tuesday, May 5th. The semiconductor manufacturer reported $1.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.29 by $0.08. The company had revenue of $10.25 billion during the quarter, compared to analysts’ expectations of $9.90 billion. Advanced Micro Devices had a return on equity of 9.55% and a net margin of 13.37%.The firm’s quarterly revenue was up 37.8% on a year-over-year basis. During the same period in the prior year, the business earned $0.96 EPS. Analysts predict that Advanced Micro Devices, Inc. will post 6.17 EPS for the current year.

Institutional Trading of Advanced Micro Devices

Several large investors have recently added to or reduced their stakes in the stock. Vanguard Group Inc. grew its holdings in Advanced Micro Devices by 1.6% in the 4th quarter. Vanguard Group Inc. now owns 158,522,860 shares of the semiconductor manufacturer’s stock valued at $33,949,256,000 after buying an additional 2,525,109 shares in the last quarter. State Street Corp grew its holdings in Advanced Micro Devices by 1.5% in the 4th quarter. State Street Corp now owns 74,919,276 shares of the semiconductor manufacturer’s stock valued at $16,044,712,000 after buying an additional 1,094,835 shares in the last quarter. Geode Capital Management LLC grew its holdings in Advanced Micro Devices by 0.8% in the 4th quarter. Geode Capital Management LLC now owns 37,584,845 shares of the semiconductor manufacturer’s stock valued at $8,015,897,000 after buying an additional 287,525 shares in the last quarter. Norges Bank purchased a new position in shares of Advanced Micro Devices during the 4th quarter worth $4,929,312,000. Finally, Price T Rowe Associates Inc. MD grew its holdings in shares of Advanced Micro Devices by 0.3% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 20,325,288 shares of the semiconductor manufacturer’s stock worth $4,352,864,000 after purchasing an additional 55,969 shares during the period. 71.34% of the stock is currently owned by hedge funds and other institutional investors.

Advanced Micro Devices Company Profile

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.