Representative Marjorie Taylor Greene (R-Georgia) recently bought shares of Advanced Micro Devices, Inc. NASDAQ: AMD. In a filing disclosed on January 27th, the Representative disclosed that they had bought between $1,001 and $15,000 in Advanced Micro Devices stock on January 8th. The trade occurred in the Representative's "TGR TRUST" account.
Representative Marjorie Taylor Greene also recently made the following trade(s):
- Purchased $1,001 - $15,000 in shares of Meta Platforms NASDAQ: META on 1/21/2025.
- Purchased $1,001 - $15,000 in shares of NextEra Energy NYSE: NEE on 1/21/2025.
- Purchased $1,001 - $15,000 in shares of Old Dominion Freight Line NASDAQ: ODFL on 1/21/2025.
- Purchased $1,001 - $15,000 in shares of Palo Alto Networks NASDAQ: PANW on 1/21/2025.
- Purchased $1,001 - $15,000 in shares of Eli Lilly and Company NYSE: LLY on 1/21/2025.
- Purchased $1,001 - $15,000 in shares of Devon Energy NYSE: DVN on 1/21/2025.
- Purchased $1,001 - $15,000 in shares of Advanced Micro Devices NASDAQ: AMD on 1/21/2025.
- Purchased $1,001 - $15,000 in shares of Kinder Morgan NYSE: KMI on 1/21/2025.
- Purchased $1,001 - $15,000 in shares of Norfolk Southern NYSE: NSC on 1/21/2025.
- Purchased $1,001 - $15,000 in shares of Cardinal Health NYSE: CAH on 1/21/2025.
Advanced Micro Devices Stock Performance
NASDAQ:AMD traded up $3.18 during mid-day trading on Wednesday, reaching $117.35. 39,165,720 shares of the stock were exchanged, compared to its average volume of 39,320,879. The company has a quick ratio of 1.78, a current ratio of 2.50 and a debt-to-equity ratio of 0.03. Advanced Micro Devices, Inc. has a 1 year low of $112.80 and a 1 year high of $227.30. The company has a 50 day simple moving average of $127.14 and a 200-day simple moving average of $142.27. The stock has a market capitalization of $190.44 billion, a P/E ratio of 105.72, a P/E/G ratio of 1.09 and a beta of 1.66.
Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last posted its quarterly earnings results on Tuesday, October 29th. The semiconductor manufacturer reported $0.92 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.92. The firm had revenue of $6.82 billion during the quarter, compared to analysts' expectations of $6.71 billion. Advanced Micro Devices had a net margin of 7.52% and a return on equity of 6.62%. The firm's revenue for the quarter was up 17.6% on a year-over-year basis. During the same period in the prior year, the company posted $0.53 earnings per share. Analysts anticipate that Advanced Micro Devices, Inc. will post 2.54 earnings per share for the current fiscal year.
Insider Buying and Selling
In related news, CEO Lisa T. Su sold 80,000 shares of the stock in a transaction that occurred on Wednesday, November 6th. The stock was sold at an average price of $143.87, for a total value of $11,509,600.00. Following the transaction, the chief executive officer now owns 3,566,762 shares in the company, valued at approximately $513,150,048.94. This represents a 2.19 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Forrest Eugene Norrod sold 40,540 shares of the stock in a transaction on Tuesday, November 5th. The stock was sold at an average price of $141.67, for a total transaction of $5,743,301.80. Following the transaction, the executive vice president now owns 293,347 shares in the company, valued at approximately $41,558,469.49. This trade represents a 12.14 % decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 197,036 shares of company stock worth $28,165,821. 0.65% of the stock is owned by company insiders.
Institutional Trading of Advanced Micro Devices
A number of hedge funds and other institutional investors have recently made changes to their positions in AMD. State Street Corp raised its holdings in shares of Advanced Micro Devices by 2.3% during the third quarter. State Street Corp now owns 70,170,271 shares of the semiconductor manufacturer's stock valued at $11,513,538,000 after acquiring an additional 1,580,035 shares during the period. Geode Capital Management LLC lifted its holdings in shares of Advanced Micro Devices by 1.3% in the third quarter. Geode Capital Management LLC now owns 34,243,843 shares of the semiconductor manufacturer's stock valued at $5,597,337,000 after purchasing an additional 441,924 shares in the last quarter. Fisher Asset Management LLC boosted its position in shares of Advanced Micro Devices by 2.8% in the third quarter. Fisher Asset Management LLC now owns 23,795,236 shares of the semiconductor manufacturer's stock worth $3,904,323,000 after buying an additional 644,039 shares during the period. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in Advanced Micro Devices by 8.7% in the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 19,472,211 shares of the semiconductor manufacturer's stock worth $3,195,000,000 after acquiring an additional 1,565,083 shares in the last quarter. Finally, Van ECK Associates Corp increased its holdings in shares of Advanced Micro Devices by 23.3% in the 4th quarter. Van ECK Associates Corp now owns 11,859,744 shares of the semiconductor manufacturer's stock valued at $1,432,538,000 after purchasing an additional 2,238,866 shares during the period. 71.34% of the stock is currently owned by institutional investors.
Analyst Ratings Changes
A number of research analysts have issued reports on the stock. StockNews.com cut shares of Advanced Micro Devices from a "hold" rating to a "sell" rating in a report on Tuesday, January 14th. Cantor Fitzgerald reiterated an "overweight" rating and set a $180.00 target price on shares of Advanced Micro Devices in a research report on Wednesday, October 30th. KeyCorp lowered their price objective on shares of Advanced Micro Devices from $220.00 to $150.00 and set an "overweight" rating on the stock in a research note on Tuesday, January 14th. Hsbc Global Res downgraded shares of Advanced Micro Devices from a "strong-buy" rating to a "moderate sell" rating in a report on Wednesday, January 8th. Finally, Barclays dropped their price objective on shares of Advanced Micro Devices from $170.00 to $140.00 and set an "overweight" rating for the company in a research note on Friday, January 17th. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating, twenty-one have issued a buy rating and two have assigned a strong buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $171.86.
Read Our Latest Research Report on AMD
About Representative Greene
Marjorie Taylor Greene (Republican Party) is a member of the U.S. House, representing Georgia's 14th Congressional District. She assumed office on January 3, 2021. Her current term ends on January 3, 2027.
Greene (Republican Party) is running for re-election to the U.S. House to represent Georgia's 14th Congressional District. She declared candidacy for the 2026 election.
About Advanced Micro Devices
(
Get Free Report)
Advanced Micro Devices, Inc operates as a semiconductor company worldwide. It operates through Data Center, Client, Gaming, and Embedded segments. The company offers x86 microprocessors and graphics processing units (GPUs) as an accelerated processing unit, chipsets, data center, and professional GPUs; and embedded processors, and semi-custom system-on-chip (SoC) products, microprocessor and SoC development services and technology, data processing unites, field programmable gate arrays (FPGA), and adaptive SoC products.
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