This Insider Has Just Sold Shares In Advanced Micro Devices

Advanced Micro Devices, Inc. +1.14%

Advanced Micro Devices, Inc.

AMD

164.47

+1.14%

We wouldn't blame Advanced Micro Devices, Inc. (NASDAQ:AMD) shareholders if they were a little worried about the fact that Paul Grasby, the Executive Vice President of Strategic Partnerships & President EMEA recently netted about US$1.5m selling shares at an average price of US$113. That sale reduced their total holding by 13% which is hardly insignificant, but far from the worst we've seen.

See our latest analysis for Advanced Micro Devices

The Last 12 Months Of Insider Transactions At Advanced Micro Devices

Over the last year, we can see that the biggest insider sale was by the insider, Forrest Norrod, for US$3.0m worth of shares, at about US$119 per share. That means that an insider was selling shares at around the current price of US$119. We generally don't like to see insider selling, but the lower the sale price, the more it concerns us. Given that the sale took place at around current prices, it makes us a little cautious but is hardly a major concern.

In the last year Advanced Micro Devices insiders didn't buy any company stock. The chart below shows insider transactions (by companies and individuals) over the last year. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

insider-trading-volume
NasdaqGS:AMD Insider Trading Volume November 11th 2023

For those who like to find winning investments this free list of growing companies with recent insider purchasing, could be just the ticket.

Does Advanced Micro Devices Boast High Insider Ownership?

Another way to test the alignment between the leaders of a company and other shareholders is to look at how many shares they own. I reckon it's a good sign if insiders own a significant number of shares in the company. Advanced Micro Devices insiders own about US$1.0b worth of shares (which is 0.6% of the company). I like to see this level of insider ownership, because it increases the chances that management are thinking about the best interests of shareholders.

So What Does This Data Suggest About Advanced Micro Devices Insiders?

An insider hasn't bought Advanced Micro Devices stock in the last three months, but there was some selling. Looking to the last twelve months, our data doesn't show any insider buying. The company boasts high insider ownership, but we're a little hesitant, given the history of share sales. So these insider transactions can help us build a thesis about the stock, but it's also worthwhile knowing the risks facing this company. To assist with this, we've discovered 3 warning signs that you should run your eye over to get a better picture of Advanced Micro Devices.

But note: Advanced Micro Devices may not be the best stock to buy. So take a peek at this free list of interesting companies with high ROE and low debt.

For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests.

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