Bullish indicating open at $55-$60, IPO prices at $37
Paul Darren Grasby, Executive Vice President and CSO of Advanced Micro Devices (NASDAQ:AMD), sold 10,000 shares of the company’s common stock on August 12, 2025, for approximately $1.73 million. The transaction comes as AMD trades near its 52-week high of $182.50, with the stock showing remarkable strength through a 54% gain over the past six months. According to InvestingPro analysis, AMD currently appears overvalued relative to its Fair Value. The shares were sold at a weighted average price of $173.21, with individual sales prices ranging from $173.21 to $173.22.
On August 9, Grasby also exercised options to acquire 23,258 shares of AMD common stock. On the same day, Grasby surrendered 10,933 shares, valued at $1,888,785, to cover tax obligations related to the release of restricted stock units. These shares were transacted at a price of $172.76.
In other recent news, Advanced Micro Devices (AMD) has received approval from the U.S. government to export certain artificial intelligence processors to China. This development marks a significant step in the regulation of advanced technology exports. Following AMD’s recent earnings results, several analyst firms have adjusted their price targets for the company. TD Cowen raised its price target to $195, citing a strong performance driven by the Gaming segment. Piper Sandler also increased its target to $190, noting a slight beat in quarterly revenue and optimistic guidance for the next quarter. New Street Research set a new target of $230, highlighting momentum in AMD’s Instinct AI accelerator business, with significant adoption among major AI firms. KeyBanc maintained its Sector Weight rating, acknowledging strong second-quarter results and guidance. These developments reflect the company’s ongoing progress and market positioning.
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