AMD CFO Sells $4M In Stock

A form 4 filing from Advanced Micro Devices, Inc. AMD CFO Devinder Kumar showed an open-market sale of 128,200 shares or sale of about $4 million in securities.

Shares of several semiconductor companies have come under selling pressure as trade concerns continue to escalate following a new 15% tariff, which was added to $112 billion worth of Chinese goods on Sunday.

AMD shares were trading higher by 1.55% at $31.38 in Wednesday’s pre-market session. The stock has a 52-week high of $35.55 and a 52-week low of $16.03.

Related Links:

AMD Settles For $12.1M In False Advertising Lawsuit

Intel Takes Shot At AMD At Gaming Conference: 'Still The Fastest'

Posted In: NewsInsider TradesDevinder Kumar
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...