Forrest Eugene Norrod Sells 25,701 Shares of Advanced Micro Devices, Inc. (AMD) Stock

Advanced Micro Devices, Inc. (NASDAQ:AMD) SVP Forrest Eugene Norrod sold 25,701 shares of the business’s stock in a transaction dated Thursday, November 9th. The stock was sold at an average price of $11.21, for a total value of $288,108.21. Following the transaction, the senior vice president now owns 729,971 shares of the company’s stock, valued at $8,182,974.91. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.

Forrest Eugene Norrod also recently made the following trade(s):

  • On Friday, September 8th, Forrest Eugene Norrod sold 62,500 shares of Advanced Micro Devices stock. The stock was sold at an average price of $12.27, for a total value of $766,875.00.

Shares of Advanced Micro Devices, Inc. (NASDAQ:AMD) opened at $11.12 on Wednesday. The company has a current ratio of 1.70, a quick ratio of 1.20 and a debt-to-equity ratio of 2.61. Advanced Micro Devices, Inc. has a 52 week low of $6.79 and a 52 week high of $15.65.

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Several equities analysts recently commented on AMD shares. Jefferies Group LLC set a $19.00 target price on Advanced Micro Devices and gave the stock a “buy” rating in a research report on Wednesday, July 26th. Bank of America Corporation set a $18.00 price target on Advanced Micro Devices and gave the stock a “buy” rating in a research note on Wednesday, July 26th. Mizuho reaffirmed a “buy” rating and set a $17.00 price target (up previously from $15.00) on shares of Advanced Micro Devices in a research note on Wednesday, July 26th. Rosenblatt Securities reaffirmed a “buy” rating and set a $20.00 price target on shares of Advanced Micro Devices in a research note on Tuesday, July 18th. Finally, Zacks Investment Research raised Advanced Micro Devices from a “hold” rating to a “buy” rating and set a $16.00 price target for the company in a research note on Monday, July 31st. Six investment 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. Advanced Micro Devices currently has a consensus rating of “Hold” and an average price target of $14.05.

Several institutional investors have recently bought and sold shares of AMD. Bronfman E.L. Rothschild L.P. grew its stake in shares of Advanced Micro Devices by 1,655.2% in the 3rd quarter. Bronfman E.L. Rothschild L.P. now owns 8,741 shares of the semiconductor manufacturer’s stock worth $111,000 after buying an additional 8,243 shares during the last quarter. K.J. Harrison & Partners Inc purchased a new stake in shares of Advanced Micro Devices in the 2nd quarter worth approximately $125,000. First Personal Financial Services purchased a new stake in shares of Advanced Micro Devices in the 3rd quarter worth approximately $127,000. 1492 Capital Management LLC purchased a new stake in shares of Advanced Micro Devices in the 3rd quarter worth approximately $128,000. Finally, Regal Investment Advisors LLC purchased a new stake in shares of Advanced Micro Devices in the 2nd quarter worth approximately $137,000. Institutional investors own 58.63% of the company’s stock.

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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