The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Advanced Micro Devices Inc shares valued at $1,987,545 were sold by Papermaster Mark D on Feb 14 ’25. At $113.57 per share, Papermaster Mark D sold 17,500 shares. The insider’s holdings dropped to 1,713,710 shares worth approximately $169.4 million following the completion of this transaction.
Also, MARK PAPERMASTER purchased 17,500 shares, netting a total of over 1,987,550 in proceeds.
Before that, GUIDO PHILIP had added 4,645 shares to its account. In a trade valued at $499,616, the EVP & Chief Commercial Officer bought Advanced Micro Devices Inc shares for $107.56 each. Upon closing the transaction, the insider’s holdings increased to 4,645 shares, worth approximately $3.31 million.
As published in a research note from Daiwa Securities on February 14, 2025, Advanced Micro Devices Inc [AMD] has been rated down from a Buy to an Outperform and the price target has been revised to $130 from $170. Analysts at DZ Bank downgraded the stock from ‘”a Buy”‘ to ‘”a Hold”‘ outlook in a report released in early February. As of January 28, 2025, Melius has decreased its “Buy” rating to a “Hold” for AMD. Earlier on January 16, 2025, Wolfe Research downgraded its rating. Their new recommendation was “a Peer perform” for AMD stock which previously was a “an Outperform”.
Analyzing AMD Stock Performance
During the last five days, there has been a drop of approximately -0.66%. Over the course of the year, Advanced Micro Devices Inc shares have dropped approximately -18.16%. Shares of the company reached a 52-week high of $131.71 on 01/07/25 and a 52-week low of $95.89 on 03/04/25. A 50-day SMA is recorded $115.24, while a 200-day SMA reached $142.74.
Support And Resistance Levels for Advanced Micro Devices Inc (AMD)
According to the 24-hour chart, there is a support level at 97.72, which, if violated, would cause prices to drop to 96.59. In the upper region, resistance lies at 100.53. The next price resistance is at 102.21. RSI (Relative Strength Index) is 32.43 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -5.49, which suggests the price will decrease in the coming days. Percent R is at 85.67%, indicating bearish price movement. Stochastics %K at holding indicates that the stock is to be held.
