Insider Stock Sales and Debt Load Weigh on Advanced Micro Devices (AMD)

1 min read
Source: Simply Wall St
Insider Stock Sales and Debt Load Weigh on Advanced Micro Devices (AMD)
Photo: Simply Wall St
TL;DR

Insiders at Advanced Micro Devices (AMD) have sold $5.1 million worth of stock over the past year, raising concerns among investors. While insider selling is not always a negative sign, multiple insiders selling over a specific period could indicate caution. The largest insider sale was made by Forrest Norrod, who sold $3.0 million worth of shares. However, it is worth noting that the shares were sold at a higher price than the current market price. In the last three months, there has been significant insider selling, with Executive Vice President Paul Grasby selling $1.8 million worth of shares. Despite high insider ownership, the history of share sales raises some concerns.

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