A top executive at Advanced Micro Devices Inc. AMD made a sizable open market purchase in the stock this week, signaling confidence in the chipmaker’s prospects, amid strengthening fundamentals and easing geopolitical pressures.
What Happened: According to the company’s SEC Form 4 filing, AMD’s Executive Vice President and Chief Commercial Officer, Phil Guido, acquired 8,800 shares in an open market transaction on Tuesday, at an average price of $113.56, bringing the total value of the transaction to $999,328.
Guido now directly owns 42,322 shares of AMD, a stake valued at approximately $4.6 million based on the latest stock prices.
While insider buying doesn't guarantee performance, it is often seen by investors as a positive signal of internal conviction in the company’s long-term performance.
In a separate disclosure, AMD Chief Technology Officer Mark Papermaster exercised and sold 17,500 shares this month under a prearranged Rule 10b5-1 trading plan. This is essentially a setup that allows executives to sell stock at a predetermined price and schedule with a broker, thus insulating the transactions from insider trading concerns.
Why It Matters: This comes amid the company authorizing a fresh $6 billion in share buybacks last week, alongside a string of other positive catalysts.
Such as the easing of trade tensions with China, and the several multi-billion dollar commercial deals that were inked with Saudi Arabia.
The stock had shed 62% of its value between March 2024 and April 2025, but has since mounted a recovery, and is up 22.48% over the past month. It still remains down by 8.22% year-to-date.
Price Action: AMD shares were down 1.20% on Thursday, trading at $110.71, and are up 0.36% after hours.
According to Benzinga’s Edge Stock Rankings, the stock fares well on Growth and Quality, but is ranked low on Momentum and Value. It also has a favorable price trend in the short and medium terms, but not in the long term. Click here for deeper insights into the stock.
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