Advanced Micro Devices (NASDAQ:AMD) Director Sells $950,562.00 in Stock

Advanced Micro Devices, Inc. (NASDAQ:AMD) Director Nora Denzel sold 1,821 shares of the business’s stock in a transaction on Friday, May 29th. The stock was sold at an average price of $522.00, for a total transaction of $950,562.00. Following the completion of the sale, the director directly owned 95,799 shares of the company’s stock, valued at approximately $50,007,078. The trade was a 1.87% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Nora Denzel also recently made the following trade(s):

• On Tuesday, June 2nd, Nora Denzel sold 8,626 shares of Advanced Micro Devices stock. The stock was sold at an average price of $522.00, for a total transaction of $4,502,772.00.

Advanced Micro Devices Price Performance

Advanced Micro Devices stock opened at $523.20 on Friday. Advanced Micro Devices, Inc. has a 52-week low of $114.71 and a 52-week high of $546.44. The firm has a market capitalization of $853.13 billion, a price-to-earnings ratio of 171.54, a PEG ratio of 1.60 and a beta of 2.50. The company has a fifty day simple moving average of $353.43 and a 200-day simple moving average of $263.57. The company has a quick ratio of 1.96, a current ratio of 2.72 and a debt-to-equity ratio of 0.04.

Advanced Micro Devices (NASDAQ:AMD) last released its earnings results on Tuesday, May 5th. The semiconductor manufacturer reported $1.37 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.29 by $0.08. Advanced Micro Devices had a net margin of 13.37% and a return on equity of 9.55%. The business had revenue of $10.25 billion during the quarter, compared to analyst estimates of $9.90 billion. During the same quarter in the prior year, the firm earned $0.96 earnings per share. The company’s revenue for the quarter was up 37.8% compared to the same quarter last year. On average, equities analysts anticipate that Advanced Micro Devices, Inc. will post 6.2 EPS for the current fiscal year.

Trending Headlines about Advanced Micro Devices

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

• Positive Sentiment: Barclays raised its price target on AMD to $665, reinforcing the bullish case that rising CPU demand tied to agentic AI could drive further upside. CPU Demand Rapidly Rising Amid Expanding Agentic AI, Says Barclays, Raises PT On Advanced Micro (AMD) To $665
• Positive Sentiment: Analysts remain constructive on AMD’s AI infrastructure role, with recent reports highlighting strong demand for EPYC and Instinct chips and continued institutional buying support. Why Is Advanced Micro (AMD) Up 28.8% Since Last Earnings Report?
• Positive Sentiment: TSMC reiterated that AI chip demand remains strong and supply will stay tight for years, a favorable backdrop for AMD’s foundry-dependent growth plans. TSMC CEO Warns Chip Supply Won’t Meet AI-Fueled Demand for Years
• Neutral Sentiment: AMD’s recent rally has left the stock extended, and technical commentary notes it is trading near highs with overbought conditions, which can amplify volatility. What Is Going On With AMD Stock On Thursday?
• Negative Sentiment: Broadcom’s disappointing AI guidance dragged down the semiconductor group and triggered short-term selling in AMD shares as investors reassessed the pace of AI demand. Broadcom rout hits Micron, AMD, others: AI demand, memory-chip cycle under focus
• Negative Sentiment: Sentiment was also tempered by reports of insider selling, including director Nora Denzel’s recent share sales near the stock’s highs, which may be viewed as profit-taking after a strong run. Advanced Micro Devices (NASDAQ:AMD) Director Nora Denzel Sells 1,821 Shares

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the stock. Melius Research set a $540.00 price target on shares of Advanced Micro Devices in a research report on Monday, May 18th. Stifel Nicolaus boosted their price target on shares of Advanced Micro Devices from $320.00 to $450.00 and gave the company a “buy” rating in a research report on Wednesday, May 6th. Needham & Company LLC raised shares of Advanced Micro Devices to a “buy” rating in a research report on Wednesday, May 6th. KeyCorp boosted their price target on shares of Advanced Micro Devices from $330.00 to $530.00 and gave the company an “overweight” rating in a research report on Wednesday, May 6th. Finally, Northland Securities reissued a “market perform” rating and set a $260.00 price target on shares of Advanced Micro Devices in a research report on Monday, April 27th. Two investment 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’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $419.86.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the stock. Joseph Group Capital Management acquired a new position in Advanced Micro Devices in the fourth quarter valued at about $25,000. Cornerstone Financial Management LLC acquired a new position in Advanced Micro Devices in the fourth quarter valued at about $27,000. Sarver Vrooman Wealth Advisors acquired a new position in Advanced Micro Devices in the fourth quarter valued at about $27,000. Basepoint Wealth LLC acquired a new position in Advanced Micro Devices in the fourth quarter valued at about $30,000. Finally, Graney & King LLC acquired a new position in Advanced Micro Devices in the first quarter valued at about $31,000. Institutional investors and hedge funds own 71.34% of the company’s stock.

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.