Advanced Micro Devices Inc’s recently made public that its Chair, President & CEO Su Lisa T unloaded Company’s shares for reported $10.91 million on Dec 04 ’24. In the deal valued at $142.66 per share,76,496 shares were sold. As a result of this transaction, Su Lisa T now holds 3,566,762 shares worth roughly $451.87 million.
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Then, LISA SU bought 76,496 shares, generating $10,860,902 in total proceeds.
Before that, Su Lisa T sold 80,000 shares. Advanced Micro Devices Inc shares valued at $11,509,369 were divested by the Chair, President & CEO at a price of $143.87 per share. As a result of the transaction, Su Lisa T now holds 3,566,762 shares, worth roughly $451.87 million.
BofA Securities downgraded its Advanced Micro Devices Inc [AMD] rating to a Neutral from a a Buy in a research note published on December 09, 2024; the price target was decreased to $155 from $180. A number of analysts have revised their coverage, including TD Cowen’s analysts, who remained covering the stock and in late October has reiterated a ‘”a Buy”‘ rating for it. Edward Jones began covering AMD with “Buy” recommendation on August 20, 2024. TD Cowen maintained its rating on August 19, 2024. It rated AMD as “a Buy”.
Price Performance Review of AMD
On Monday, Advanced Micro Devices Inc [NASDAQ:AMD] saw its stock fall -0.17% to $126.69. Over the last five days, the stock has lost -3.19%. Advanced Micro Devices Inc shares have fallen nearly -14.06% since the year began. Nevertheless, the stocks have fallen -8.20% over the past one year. While a 52-week high of $227.30 was reached on 03/08/24, a 52-week low of $121.82 was recorded on 08/05/24. SMA at 50 days reached $146.53, while 200 days put it at $157.40.
Levels Of Support And Resistance For AMD Stock
The 24-hour chart illustrates a support level at 123.95, which if violated will result in even more drops to 121.22. On the upside, there is a resistance level at 128.59. A further resistance level may holdings at 130.50. The Relative Strength Index (RSI) on the 14-day chart is 33.31, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -7.08, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 83.00%. Stochastics %K at 17.51% indicates the stock is a buying.
How much short interest is there in Advanced Micro Devices Inc?
A steep rise in short interest was recorded in Advanced Micro Devices Inc stocks on 2024-11-29, dropping by -12.07 million shares to a total of 45.03 million shares. Yahoo Finance data shows the prior-month short interest on 2024-10-31 was 57.1 million shares. There was a decline of -26.81%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on July 15, 2024 when TD Cowen resumed its ‘”a Buy”‘ rating for the stock and retained the price target to $210.
