Advanced Micro Devices (NASDAQ:AMD) EVP Paul Darren Grasby Sells 24,376 Shares of Stock

13 May 2026, 06:26 by Amy Steele · The Cerbat Gem

Advanced Micro Devices, Inc. (NASDAQ:AMD – Get Free Report) EVP Paul Darren Grasby sold 24,376 shares of the company’s stock in a transaction that occurred on Friday, May 8th. The stock was sold at an average price of $444.39, for a total value of $10,832,450.64. Following the sale, the executive vice president directly owned 105,222 shares of the company’s stock, valued at $46,759,604.58. The trade was a 18.81% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Paul Darren Grasby also recently made the following trade(s):

On Wednesday, March 11th, Paul Darren Grasby sold 7,500 shares of Advanced Micro Devices stock. The stock was sold at an average price of $204.87, for a total value of $1,536,525.00.

Advanced Micro Devices Price Performance

Shares of Advanced Micro Devices stock opened at $448.29 on Wednesday. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.72 and a quick ratio of 1.96. Advanced Micro Devices, Inc. has a fifty-two week low of $107.67 and a fifty-two week high of $469.21. The firm has a fifty day moving average price of $258.93 and a two-hundred day moving average price of $236.36. The company has a market cap of $730.98 billion, a PE ratio of 146.98, a price-to-earnings-growth ratio of 1.41 and a beta of 2.40.

Advanced Micro Devices (NASDAQ:AMD – Get Free Report) last released its quarterly earnings data on Tuesday, May 5th. The semiconductor manufacturer reported $1.37 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.29 by $0.08. The business had revenue of $10.25 billion for the quarter, compared to analysts’ expectations of $9.90 billion. Advanced Micro Devices had a return on equity of 9.55% and a net margin of 13.37%.Advanced Micro Devices’s quarterly revenue was up 37.8% on a year-over-year basis. During the same period in the previous year, the business posted $0.96 earnings per share. Analysts expect that Advanced Micro Devices, Inc. will post 5.99 EPS for the current year.

Key Stories Impacting Advanced Micro Devices

Here are the key news stories impacting Advanced Micro Devices this week:

Positive Sentiment: Mizuho raised its price target on AMD to $515 from $415 and kept an Outperform rating, citing continued agentic AI server demand as a major tailwind. Mizuho Just Hiked AMD Price Target to $515: Agentic AI Server Demand Powers the Bull Case
Positive Sentiment: KeyBanc also boosted its target to $530 from $330, reinforcing the view that AMD’s strong Q1 results and AI/data-center momentum could support further upside. Was Advanced Micro Devices (AMD) One of the Top “Blue Chip” Stocks Suddenly on Fire in April?
Positive Sentiment: Recent commentary highlighted AMD’s blowout Q1 earnings, record data-center revenue, and new customer wins such as AI infrastructure deals with Meta Platforms and OpenAI, which strengthen the long-term growth story. AMD MI450 AI Deals With Meta And OpenAI Test Rich Valuation
Neutral Sentiment: Northland Securities raised its earnings estimates for AMD’s 2027 periods, but kept only a Market Perform rating and a $260 target, showing that not all analysts agree with the stock’s premium valuation.
Neutral Sentiment: AMD remains a heavily watched AI chip leader, with analysts and investors continuing to debate whether the stock’s valuation can be justified by growth in AI servers and CPUs. AMD Stock Remains a Top Pick for This Top Analyst – Here’s Why
Negative Sentiment: Several reports said the broader chip trade cooled as investors took profits after a parabolic rally, pressuring AMD along with other semiconductor stocks.
Negative Sentiment: Market chatter also pointed to insider and Cathie Wood-related selling, which may be adding to investor caution after the stock’s sharp advance.

Wall Street Analyst Weigh In

AMD has been the topic of several research analyst reports. Seaport Research Partners upgraded Advanced Micro Devices from a “neutral” rating to a “buy” rating and set a $430.00 target price on the stock in a report on Wednesday, May 6th. China Renaissance initiated coverage on Advanced Micro Devices in a report on Tuesday, January 13th. They set a “buy” rating and a $291.00 target price on the stock. Wells Fargo & Company increased their target price on Advanced Micro Devices from $345.00 to $505.00 and gave the stock an “overweight” rating in a report on Wednesday, May 6th. The Goldman Sachs Group upgraded Advanced Micro Devices from a “neutral” rating to a “buy” rating and increased their target price for the stock from $240.00 to $450.00 in a report on Wednesday, May 6th. Finally, Stifel Nicolaus increased their target price on Advanced Micro Devices from $320.00 to $450.00 and gave the stock a “buy” rating in a report on Wednesday, May 6th. Two analysts have rated the stock with a Strong Buy rating, thirty have given a Buy rating and twelve have issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $391.54.

Check Out Our Latest Stock Analysis on Advanced Micro Devices

Hedge Funds Weigh In On Advanced Micro Devices

Several hedge funds have recently added to or reduced their stakes in the stock. Joseph Group Capital Management bought a new position in shares of Advanced Micro Devices during the fourth quarter worth about $25,000. ORG Wealth Partners LLC grew its holdings in shares of Advanced Micro Devices by 39.7% during the third quarter. ORG Wealth Partners LLC now owns 162 shares of the semiconductor manufacturer’s stock worth $26,000 after buying an additional 46 shares in the last quarter. Koesten Hirschmann & Crabtree INC. grew its holdings in shares of Advanced Micro Devices by 61.0% during the third quarter. Koesten Hirschmann & Crabtree INC. now owns 161 shares of the semiconductor manufacturer’s stock worth $26,000 after buying an additional 61 shares in the last quarter. Sarver Vrooman Wealth Advisors bought a new position in shares of Advanced Micro Devices during the fourth quarter worth about $27,000. Finally, Cornerstone Financial Management LLC bought a new position in Advanced Micro Devices in the fourth quarter valued at approximately $27,000. Institutional investors and hedge funds own 71.34% of the company’s stock.

About Advanced Micro Devices

(Get Free Report)

Advanced Micro Devices, Inc (NASDAQ: AMD) is a global semiconductor company that designs and sells microprocessors, graphics processors, chipsets and adaptive computing solutions for a broad set of markets. The company’s product portfolio includes consumer and commercial CPUs under the Ryzen and Threadripper brands, data center processors under the EPYC brand, and Radeon graphics processing units for gaming and professional visualization. AMD also offers semi-custom system-on-chip (SoC) products for gaming consoles and other specialized applications, and provides supporting software and platform technologies for OEMs, cloud service providers and end users.