Philip Guido, Executive Vice President and Chief Commercial Officer of Advanced Micro Devices Inc. (NASDAQ:AMD), recently acquired 4,645 shares of the company’s common stock. The transaction, which took place on February 7, 2025, was executed at a weighted average price of $107.56 per share, totaling approximately $499,616. The purchase comes as AMD, a prominent player in the semiconductor industry with a market capitalization of $181 billion, trades near its 52-week low of $106.50. According to InvestingPro analysis, AMD is currently trading below its Fair Value, with analysts maintaining a bullish consensus recommendation of 1.84 (where 1 is Strong Buy and 5 is Strong Sell).
The shares were purchased in multiple trades, with prices ranging from $107.49 to $107.61 per share. Following this acquisition, Guido holds a total of 33,522 shares in AMD. This transaction was reported in a Form 4 filing with the Securities and Exchange Commission. Want deeper insights into insider trading patterns and 14+ additional ProTips for AMD? Discover comprehensive insider transaction analysis and more with InvestingPro’s exclusive research reports.
In other recent news, AMD’s stock price targets have been adjusted by several research firms. TD Cowen reduced its price target from $150 to $135, maintaining a Buy rating, emphasizing AMD’s potential in the competitive AI sector and data center GPU market. Truist Securities also cut its price target from $145 to $130, maintaining a Hold rating, citing AMD’s recent financial performance and market dynamics, particularly in the datacenter sector.
Cantor Fitzgerald maintained an Overweight rating on AMD stock with a $135 target, highlighting AMD’s client segment as a key driver of growth. Citi analysts, however, downgraded AMD shares from Buy to Neutral and significantly reduced the price target to $110, raising concerns over a potential inventory build-up of CPUs and lack of specific forecasts for AI revenue. Lastly, Piper Sandler cut its AMD price target from $180 to $140, maintaining an Overweight rating, due to lowered expectations for the company’s performance in the coming years.
These are recent developments, reflecting various perspectives on AMD’s financial future based on the firm’s recent earnings, revenue information, and market dynamics.
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