by learner4f
According to the SEC filing, here are a couple of high-profile AMD insider selling for the past couple days:
- Lisa Su (CEO): sold $11.8M worth of AMD stock in Aug 11, and sold $4.1M in Aug 9.
- KUMAR DEVINDER (CFO): sold $5M in Aug 11, and sold $1.2M in Aug 9.
- Bergman Rick (EVP): $1.9M in Aug 9.
- Papermaster Mark D (CTO): sold $1.25M in Aug 9.
- GRASBY PAUL DARREN (SVP & CSO): sold $1.2M in Aug 9.
- Norrod Forrest Eugene (SVP): $934k in Aug 9
- WOLIN HARRY A (SVP): sold $698k in Aug 9.
- SMITH DARLA M (CAO): sold $332k in Aug 9.
That is a total of $28.4M in 2 days, which is a lot of profit-taking for a short amount of time.
Will this trend continue as AMD price keeps hitting ATH? Quite possible. This means that more volatility is coming for AMD, which we have already seen recently with all these crazy swings. So don’t YOLO/FOMO into AMD because of all the hype.
https://ir.amd.com/static-files/49f15975-70b0-49c9-a85a-ea5d2dc14f88
https://ir.amd.com/static-files/572d89de-329a-4466-9027-65725fccc22a
https://ir.amd.com/static-files/6449bc36-d2a3-4fa3-9f38-003706cb70a1
https://ir.amd.com/static-files/b341320a-68c9-434b-90dc-23245f02019b
https://ir.amd.com/static-files/78a953ed-a5fd-4d8e-8fd9-d2f5231422f3
https://ir.amd.com/static-files/5f00e965-9dfc-4d91-9e9d-126de44f9b3f
https://ir.amd.com/static-files/ef8a16fb-47df-46f7-9104-2737c6fc9759
https://ir.amd.com/static-files/0c09d44f-18e4-4156-9eb4-ad160ddf07f8
https://ir.amd.com/static-files/16e9086c-16df-455e-b294-190480e226e4
https://ir.amd.com/static-files/295ad44a-ac23-4d6a-b88d-ecd701bdc5db