Advanced Micro Devices (AMD) filed a Form 144 with the SEC, which indicates that an insider may sell shares in the near future. Such filings are commonly used for planned or routine transactions and do not indicate a change in the company’s outlook.
Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
The filing shows that AMD executive Ava Hahn submitted the notice on January 16, outlining plans to sell up to 2,442 shares worth about $572,000. Under Rule 144, insiders must file in advance before selling controlled shares, a step often tied to personal financial planning.
Insider Sentiment for AMD Stock Is Bearish
Importantly, Hanh is not the only one who plans to reduce his stake in the company. Based on other informative transactions from the last three months, corporate insiders have sold $2.2 million worth of AMD stock. Overall, TipRanks’ Insider Trading Activity Tool shows that insider confidence in the stock is currently Very Negative.
Investors may benefit from keeping an eye on transactions made by key insiders, as these trades typically reflect their trust in the company’s future. Interestingly, TipRanks offers daily insider transactions as well as a list of top corporate insiders. It also provides a list of hot stocks that boast either a Very Positive or Positive insider confidence signal.
What Comes Next for AMD
Advanced Micro is set to report its fourth-quarter FY25 results on Tuesday, February 3, after the market closes. Wall Street expects earnings of $1.31 per share, up about 20% from a year ago, while revenue is projected to rise roughly 26% to around $9.63 billion.
Investors will be watching closely for guidance and updates on AI demand.
Is AMD Stock a Buy, Sell, or Hold?
Turning to Wall Street, the analysts’ consensus rating for AMD is Strong Buy, based on 24 Buy and eight Hold ratings over the past three months. With that comes an average AMD stock price target of $284.07, representing a potential 22.53% upside for the shares.
