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

Advanced Micro Devices, Inc. (NASDAQ:AMD)’s share price gapped down before the market opened on Tuesday following insider selling activity. The stock had previously closed at $334.63, but opened at $311.86. Advanced Micro Devices shares last traded at $319.6860, with a volume of 17,385,491 shares traded.

Specifically, EVP Mark D. Papermaster sold 31,320 shares of the firm’s stock in a transaction that occurred on Friday, April 24th. The stock was sold at an average price of $350.00, for a total value of $10,962,000.00. Following the transaction, the executive vice president directly owned 1,236,037 shares of the company’s stock, valued at approximately $432,612,950. This trade represents a 2.47% decrease in their position. The sale was disclosed in a legal 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.

Analysts Set New Price Targets

Several research analysts recently commented on AMD shares. Rosenblatt Securities reiterated a “buy” rating and issued a $300.00 target price on shares of Advanced Micro Devices in a report on Wednesday, February 4th. Citigroup dropped their target price on shares of Advanced Micro Devices from $260.00 to $248.00 and set a “neutral” rating on the stock in a report on Monday, April 6th. Mizuho lifted their target price on shares of Advanced Micro Devices from $275.00 to $280.00 and gave the stock an “outperform” rating in a report on Wednesday, February 25th. Piper Sandler reiterated an “overweight” rating on shares of Advanced Micro Devices in a report on Wednesday, February 25th. Finally, Wells Fargo & Company reiterated an “overweight” rating and issued a $345.00 target price on shares of Advanced Micro Devices in a report on Friday, January 30th. One research analyst has rated the stock with a Strong Buy rating, thirty-one have given a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $297.49.

Key Headlines Impacting Advanced Micro Devices

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

• Positive Sentiment: Susquehanna raised its price target and reiterated a buy call, citing accelerating server CPU share gains and an Instinct GPU ramp that should boost data‑center revenue into May. Susquehanna Raises AMD Price Target to $375
• Positive Sentiment: Big Tech spending signal — large bond demand and increased capex plans at hyperscalers (e.g., Meta) point to continued multi‑year AI infrastructure investment that benefits AMD’s CPUs and GPUs. Meta Gets $96 Billion of Orders for Latest Jumbo Bond Sale
• Positive Sentiment: Analyst upgrades and estimate raises (multiple shops raising EPS/targets) are supporting momentum and institutional flows into AMD ahead of earnings. Where Do Analysts Stand on AMD Stock Ahead of Earnings?
• Neutral Sentiment: Near‑term catalyst: Q1 earnings on May 5 — Street attention is concentrated on revenue guidance and data‑center demand metrics (GPU/EPYC deployments); results will likely be the primary short‑term price mover. Buy AMD Stock Before Q1 Earnings
• Neutral Sentiment: Insider selling disclosed (Mark Papermaster sold shares) was executed under a pre‑arranged Rule 10b5‑1 plan — a note for disclosure but not necessarily a signal of company outlook change. Mark Papermaster Sells 31,320 Shares
• Negative Sentiment: OpenAI revenue shortfall headlines sparked a sector pullback that weighed on AMD — investors are testing the durability of AI capex assumptions after the report. AMD Stock Slides After OpenAI Revenue Shortfall
• Negative Sentiment: Some profit‑taking and selective analyst caution (Northland downgrade, institutional trimming such as ARK) are pressuring the stock after a rapid rally; this keeps upside dependent on execution in the upcoming print. AMD Stock Slides on Analyst Downgrade AMD Stock Slips After ARK Sells

Advanced Micro Devices Price Performance

The company has a market cap of $577.94 billion, a price-to-earnings ratio of 133.77, a price-to-earnings-growth ratio of 1.21 and a beta of 1.96. The company has a fifty day moving average price of $232.51 and a two-hundred day moving average price of $228.24. The company has a current ratio of 2.85, a quick ratio of 2.01 and a debt-to-equity ratio of 0.04.

Advanced Micro Devices (NASDAQ:AMD) last announced its quarterly earnings data on Tuesday, February 3rd. The semiconductor manufacturer reported $1.53 earnings per share for the quarter, topping the consensus estimate of $1.32 by $0.21. Advanced Micro Devices had a return on equity of 8.84% and a net margin of 12.52%.The company had revenue of $10.27 billion for the quarter, compared to analyst estimates of $9.65 billion. During the same quarter last year, the firm earned $1.09 EPS. Advanced Micro Devices’s revenue for the quarter was up 34.1% compared to the same quarter last year. As a group, equities research analysts anticipate that Advanced Micro Devices, Inc. will post 5.82 EPS for the current fiscal year.

Institutional Trading of Advanced Micro Devices

Several institutional investors have recently modified their holdings of AMD. Joseph Group Capital Management bought a new stake in Advanced Micro Devices in the fourth quarter valued at $25,000. Cornerstone Financial Management LLC bought a new stake in Advanced Micro Devices in the fourth quarter valued at $27,000. Sarver Vrooman Wealth Advisors bought a new stake in Advanced Micro Devices in the fourth quarter valued at $27,000. Basepoint Wealth LLC bought a new stake in Advanced Micro Devices in the fourth quarter valued at $30,000. Finally, Wilkerson Advisory Group LLC bought a new stake in Advanced Micro Devices in the fourth quarter valued at $33,000. 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.