On March 4, 2024, Joseph Householder, Director at Advanced Micro Devices Inc (AMD, Financial), executed a sale of 6,572 shares in the company. The transaction was filed with the SEC and can be found through the following SEC Filing.
Advanced Micro Devices Inc (AMD, Financial) is a global semiconductor company that develops computer processors and related technologies for business and consumer markets. Its main products include microprocessors, motherboard chipsets, embedded processors, and graphics processors for servers, workstations, personal computers, and embedded system applications.
Over the past year, the insider, Joseph Householder, has sold a total of 6,572 shares and has not made any purchases of the company's stock. This latest sale continues a trend observed over the past year, where there have been no insider buys and 26 insider sells for Advanced Micro Devices Inc.
On the date of the insider's recent transaction, shares of Advanced Micro Devices Inc were trading at $208.08, resulting in a market capitalization of $340.38 billion. The company's price-earnings ratio stands at 405.06, which is significantly above the industry median of 29.74 and also above the company's historical median price-earnings ratio.
The stock's current price of $208.08 compared to the GuruFocus Value (GF Value) of $115.37 indicates a price-to-GF-Value ratio of 1.8, suggesting that Advanced Micro Devices Inc is significantly overvalued based on its GF Value.
The GF Value is determined by considering historical trading multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, along with a GuruFocus adjustment factor based on the company's past returns and growth, and future business performance estimates from Morningstar analysts.
The insider trend image above reflects the recent insider selling activity for Advanced Micro Devices Inc.
The GF Value image provides a visual representation of the stock's valuation in relation to its intrinsic value estimate.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
