Insider Sale at Advanced Micro Devices (AMD) Continues Selling Trend

Monday, March 05, 2018 10:15 PM ET

Insider Sale at Advanced Micro Devices (AMD) Continues Selling Trend

An insider — Devinder Kumar, Officer — sold 140,473 shares of Advanced Micro Devices having a market value of approximately $1,748,889 today, as disclosed in a form 4 document filed with the SEC. There have been 2 insiders with buy/sell transactions in the past 90 days prior to this filing. All of these trades have been sales resulting in the sale of 270,000 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 410,473 shares and have averaged 136,824 shares per transaction over this time period.

In relation to the peer group over the last 90 days, insider buy/sell trading at Advanced Micro Devices is higher than the 77-company peer group average. Semiconductors peer group saw 190 buy/sell trades during this period for an average of 2.5 transactions per company. The number of shares per buy/sell trade for Advanced Micro Devices insiders was also higher. Within the peer group there were 201,453 shares purchased and 2,301,517 shares sold with company insiders selling 11,053 shares on average.

Significant insider buying and selling activity has been determined by eliminating 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 in data used in composing and writing this story.

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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