Tuesday, November 21, 2017 10:15 PM ET
Advanced Micro Devices (AMD) Insiders Make Significant Share Sales Extending the Trend of Last Quarter
There was a significant level of insider selling reported today in filings with the SEC for Advanced Micro Devices. Two insiders — Devinder Kumar, Officer, and James Robert Anderson, Officer — sold 119,207 shares in the company for approximately $1,364,720. There have been 2 insiders with buy/sell transactions in the past 90 days prior to these filings. All of these trades have been sales resulting in the sale of 97,500 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 216,707 shares and have averaged 54,177 shares per transaction over this time period.
The number of insider buy/sell trades at Advanced Micro Devices is greater than that of the 77 peer company average over the last 90-day period. The Semiconductors peer group saw 191 buy/sell trades during this period for an average of 2.5 transactions per company. However, the number of shares traded per transaction by Advanced Micro Devices insiders is lower than its peers. Within the peer group there were 99,230 shares purchased and 20,555,810 shares sold with company insiders having sold 107,103 shares on average over this time period.
The data used in creating and writing in this story eliminates all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers.
Today’s Insider Activity
* Devinder Kumar, Officer, sold 99,207 shares
* James Robert Anderson, Officer, sold 20,000 shares
Using proprietary Natural Language Generation (NLG) technology, UpTick evaluates corporate insider filings reported to the SEC and creates real-time news and analysis to report the most significant insider transactions based on transaction type, size and historical trends.
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