Sen. Markwayne Mullin Sells Off Shares of Advanced Micro Devices, Inc. (NASDAQ:AMD)

Senator Markwayne Mullin (R-Oklahoma) recently sold shares of Advanced Micro Devices, Inc. (NASDAQ:AMD). In a filing disclosed on February 27th, the Senator disclosed that they had sold between $50,001 and $100,000 in Advanced Micro Devices stock on February 13th.

Senator Markwayne Mullin also recently made the following trade(s):

• Purchased $15,001 – $50,000 in shares of Amazon.com (NASDAQ:AMZN) on 2/13/2025.
• Sold $15,001 – $50,000 in shares of Honeywell International (NASDAQ:HON) on 2/13/2025.
• Purchased $15,001 – $50,000 in shares of IQVIA (NYSE:IQV) on 2/13/2025.
• Sold $15,001 – $50,000 in shares of Brick (TSE:BRK) on 2/13/2025.
• Sold $100,001 – $250,000 in shares of Vanguard Materials ETF (NYSEARCA:VAW) on 2/13/2025.
• Purchased $50,001 – $100,000 in shares of Microsoft (NASDAQ:MSFT) on 2/13/2025.
• Sold $15,001 – $50,000 in shares of Constellation Brands (NYSE:STZ) on 2/13/2025.
• Purchased $50,001 – $100,000 in shares of LPL Financial (NASDAQ:LPLA) on 2/13/2025.
• Purchased $15,001 – $50,000 in shares of TJX Companies (NYSE:TJX) on 2/13/2025.
• Purchased $50,001 – $100,000 in shares of Accenture (NYSE:ACN) on 2/13/2025.

Advanced Micro Devices Stock Performance

Shares of NASDAQ:AMD opened at $99.81 on Friday. Advanced Micro Devices, Inc. has a twelve month low of $98.69 and a twelve month high of $227.30. The firm has a market cap of $161.74 billion, a PE ratio of 100.82, a price-to-earnings-growth ratio of 1.11 and a beta of 1.65. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.83 and a current ratio of 2.62. The business has a fifty day moving average of $116.94 and a 200-day moving average of $136.87.

Advanced Micro Devices (NASDAQ:AMD) last announced its quarterly earnings data on Tuesday, February 4th. The semiconductor manufacturer reported $1.07 EPS for the quarter, hitting analysts’ consensus estimates of $1.07. Advanced Micro Devices had a return on equity of 7.42% and a net margin of 6.36%. On average, equities research analysts predict that Advanced Micro Devices, Inc. will post 3.87 EPS for the current fiscal year.

Institutional Trading of Advanced Micro Devices

A number of institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. lifted its position in shares of Advanced Micro Devices by 1.0% during the 4th quarter. Vanguard Group Inc. now owns 150,210,152 shares of the semiconductor manufacturer’s stock valued at $18,143,884,000 after acquiring an additional 1,441,626 shares during the period. State Street Corp lifted its position in shares of Advanced Micro Devices by 2.3% during the 3rd 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 position in shares of Advanced Micro Devices by 2.4% during the 4th quarter. Geode Capital Management LLC now owns 35,079,256 shares of the semiconductor manufacturer’s stock worth $4,224,840,000 after buying an additional 835,413 shares during the last quarter. Fisher Asset Management LLC lifted its position in shares of Advanced Micro Devices by 1.2% during the 4th quarter. Fisher Asset Management LLC now owns 24,086,020 shares of the semiconductor manufacturer’s stock worth $2,909,350,000 after buying an additional 290,784 shares during the last quarter. Finally, Norges Bank bought a new stake in shares of Advanced Micro Devices during the 4th quarter worth $2,867,193,000. 71.34% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several research firms have recently issued reports on AMD. DZ Bank lowered Advanced Micro Devices from a “buy” rating to a “hold” rating and set a $120.00 target price for the company. in a research report on Friday, February 7th. UBS Group set a $175.00 price objective on Advanced Micro Devices in a report on Wednesday, February 5th. Morgan Stanley set a $137.00 price objective on Advanced Micro Devices in a report on Wednesday, February 5th. Rosenblatt Securities reiterated a “buy” rating and set a $250.00 price objective on shares of Advanced Micro Devices in a report on Tuesday, February 4th. Finally, Loop Capital started coverage on Advanced Micro Devices in a report on Tuesday, January 14th. They set a “buy” rating and a $175.00 price objective on the stock. One research analyst has rated the stock with a sell rating, ten have given a hold rating, nineteen have given a buy rating and three have given a strong buy rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $155.83.

Insider Buying and Selling

In other Advanced Micro Devices news, EVP Philip Guido acquired 4,645 shares of the company’s stock in a transaction that occurred on Friday, February 7th. The stock was acquired at an average cost of $107.56 per share, for a total transaction of $499,616.20. Following the transaction, the executive vice president now directly owns 33,522 shares in the company, valued at $3,605,626.32. This represents a 16.09 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO Lisa T. Su sold 76,496 shares of the company’s stock in a transaction on Wednesday, December 4th. The stock was sold at an average price of $142.66, for a total value of $10,912,919.36. Following the sale, the chief executive officer now owns 3,566,762 shares of the company’s stock, valued at approximately $508,834,266.92. This represents a 2.10 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.73% of the stock is owned by corporate insiders.

About Senator Mullin

Markwayne Mullin (Republican Party) is a member of the U.S. Senate from Oklahoma. He assumed office on January 11, 2023. His current term ends on January 3, 2027. Mullin (Republican Party) ran in a special election to the U.S. Senate to represent Oklahoma. He won in the special general election on November 8, 2022. Mullin is a member of the Cherokee Nation and one of four Native American members of the 116th Congress. At the age of 20, Mullin took over his father’s plumbing business. He is also a former professional mixed martial artist. Markwayne Mullin graduated from Stilwell High School. Mullin earned an associate degree in construction technology from Oklahoma State University Institute of Technology. His career experience includes owning and founding multiple businesses.

Advanced Micro Devices Company Profile

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.