Advanced Micro Devices (NASDAQ:AMD) Director Nora Denzel Sells 1,821 Shares

June 3, 2026 by InsiderTrades.com

Key Points

AMD director Nora Denzel sold 8,626 shares on June 2 at an average price of $522.00, totaling about $4.5 million. After the sale, she still held 87,173 shares, and the trade reduced her position by 9%.
Denzel also sold 1,821 shares on May 29 at the same $522.00 average price, bringing her recent insider selling activity into focus.
AMD has been performing strongly, with shares near their 52-week high and the company reporting better-than-expected quarterly earnings and revenue growth of 37.8% year over year.

Advanced Micro Devices, Inc. (NASDAQ:AMD - Get Free Report) Director Nora Denzel sold 1,821 shares of Advanced Micro Devices stock in a transaction that occurred on Friday, May 29th. The stock was sold at an average price of $522.00, for a total transaction of $950,562.00. Following the sale, the director owned 95,799 shares of the company's stock, valued at approximately $50,007,078. This represents a 1.87% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

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Nora Denzel also recently made the following trade(s):

On Tuesday, June 2nd, Nora Denzel sold 8,626 shares of Advanced Micro Devices stock. The stock was sold at an average price of $522.00, for a total transaction of $4,502,772.00.

Advanced Micro Devices Stock Up 2.2%

Shares of NASDAQ:AMD opened at $521.54 on Wednesday. Advanced Micro Devices, Inc. has a one year low of $113.28 and a one year high of $527.20. The company has a 50 day moving average of $333.88 and a 200-day moving average of $257.70. The company has a debt-to-equity ratio of 0.04, a current ratio of 2.72 and a quick ratio of 1.96. The stock has a market cap of $850.42 billion, a price-to-earnings ratio of 171.00, a P/E/G ratio of 1.50 and a beta of 2.50.

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Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last issued its quarterly earnings results on Tuesday, May 5th. The semiconductor manufacturer reported $1.37 EPS for the quarter, topping the consensus estimate of $1.29 by $0.08. Advanced Micro Devices had a net margin of 13.37% and a return on equity of 9.55%. The company had revenue of $10.25 billion during the quarter, compared to analysts' expectations of $9.90 billion. During the same quarter in the previous year, the company earned $0.96 EPS. Advanced Micro Devices's revenue was up 37.8% on a year-over-year basis. On average, sell-side analysts forecast that Advanced Micro Devices, Inc. will post 6.2 earnings per share for the current year.

Analyst Ratings Changes

A number of brokerages have issued reports on AMD. UBS Group set a $310.00 target price on Advanced Micro Devices in a report on Wednesday, February 4th. Wells Fargo & Company raised 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. Northland Securities restated a "market perform" rating and set a $260.00 target price on shares of Advanced Micro Devices in a report on Monday, April 27th. Truist Financial set a $478.00 target price on Advanced Micro Devices in a report on Wednesday, May 6th. Finally, JPMorgan Chase & Co. raised their target price on Advanced Micro Devices from $270.00 to $385.00 and gave the stock a "neutral" rating in a report on Wednesday, May 6th. Two equities research 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. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $419.86.

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View Our Latest Stock Analysis on AMD

Advanced Micro Devices News Roundup

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

Positive Sentiment: AMD’s latest catalyst is the ramp of its 2nm EPYC “Venice” server processor production, which reinforces the company’s role in the data-center AI buildout and supports the bullish move in the shares. Why Advanced Micro Devices (AMD) Is Up 10.4% After Launching 2nm EPYC Venice Production
Positive Sentiment: AMD also gained attention after joining DriveNets’ $410 million funding round, signaling further investment in AI networking infrastructure and broadening its exposure beyond chips alone. AMD Joins DriveNets Funding Round
Positive Sentiment: A top Cowen analyst reiterated a bullish stance after meeting with CEO Lisa Su, which adds to investor confidence that AMD’s AI and server roadmap remains compelling. Top Cowen Analyst Pounds the Table on AMD Stock After Meeting With Lisa Su
Neutral Sentiment: AMD presented at the Bank of America 2026 Global Technology Conference, but no major new financial guidance or product surprise was highlighted in the transcript. Advanced Micro Devices, Inc. (AMD) Presents at Bank of America 2026 Global Technology Conference Transcript
Negative Sentiment: Director Nora Denzel disclosed two recent stock sales, including a larger June 2 transaction, which can weigh on sentiment because insider selling sometimes signals caution or profit-taking after a sharp rally. SEC Form 4 filing
Negative Sentiment: AMD also faces renewed competition after Nvidia’s new RTX Spark PC chip announcement sparked rotation away from AMD and pressured semiconductor peers, raising concerns about market-share competition in PCs and AI devices. NVIDIA Sends Message With RTX Spark: This is What it Says

Institutional Investors Weigh In On Advanced Micro Devices

A number of hedge funds have recently modified their holdings of the business. Dala Group LLC acquired a new stake in shares of Advanced Micro Devices during the first quarter worth about $233,000. Cozad Asset Management Inc. raised its position in shares of Advanced Micro Devices by 3.5% during the first quarter. Cozad Asset Management Inc. now owns 2,369 shares of the semiconductor manufacturer's stock worth $482,000 after purchasing an additional 80 shares during the period. Blue Fin Capital Inc. raised its position in shares of Advanced Micro Devices by 0.4% during the first quarter. Blue Fin Capital Inc. now owns 22,358 shares of the semiconductor manufacturer's stock worth $4,548,000 after purchasing an additional 82 shares during the period. Allen Capital Group LLC raised its position in shares of Advanced Micro Devices by 14.3% during the first quarter. Allen Capital Group LLC now owns 3,091 shares of the semiconductor manufacturer's stock worth $629,000 after purchasing an additional 386 shares during the period. Finally, Westshore Wealth LLC acquired a new stake in shares of Advanced Micro Devices during the first quarter worth about $333,000. 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.

Founded in 1969, AMD has evolved from a supplier of logic chips into a diversified, fabless semiconductor designer.