Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Advanced Micro Devices Inc shares valued at $10,912,740 were sold by Su Lisa T on Dec 04 ’24. At $142.66 per share, Su Lisa T sold 76,496 shares. The insider’s holdings dropped to 3,566,762 shares worth approximately $418.56 million following the completion of this transaction.
Also, LISA SU purchased 76,496 shares, netting a total of over 10,860,902 in proceeds.
Before that, Su Lisa T had sold 80,000 shares from its account. In a trade valued at $11,509,369, the Chair, President & CEO traded Advanced Micro Devices Inc shares for $143.87 each. Upon closing the transaction, the insider’s holdings decreased to 80,000 shares, worth approximately $418.56 million.
As published in a research note from Melius on January 28, 2025, Advanced Micro Devices Inc [AMD] has been rated down from a Buy to a Hold and the price target has been revised to $129 from $160. Analysts at Wolfe Research downgraded the stock from ‘”an Outperform”‘ to ‘”a Peer perform”‘ outlook in a report released in mid January. As of January 14, 2025, Loop Capital has initiated its “Buy” rating for AMD. Earlier on January 13, 2025, TD Cowen resumed its rating. Their recommendation was “a Buy” for AMD stock.
Analyzing AMD Stock Performance
During the last five days, there has been a drop of approximately -5.17%. Over the course of the year, Advanced Micro Devices Inc shares have dropped approximately -2.85%. Shares of the company reached a 52-week high of $131.71 on 01/07/25 and a 52-week low of $112.80 on 01/27/25. A 50-day SMA is recorded $128.00, while a 200-day SMA reached $148.42. Nevertheless, trading volume fell to 39.03 million shares from 40.55 million shares the previous day.
Support And Resistance Levels for Advanced Micro Devices Inc (AMD)
According to the 24-hour chart, there is a support level at 115.37, which, if violated, would cause prices to drop to 113.38. In the upper region, resistance lies at 118.93. The next price resistance is at 120.50. RSI (Relative Strength Index) is 41.94 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -3.75, which suggests the price will decrease in the coming days. Percent R is at 64.59%, indicating low price movement. Stochastics %K at buying indicates that the stock is to be held.
