Published on 24 Nov 2022 on Simply Wall St. via Yahoo Finance
Despite the fact that Advanced Micro Devices, Inc. (NASDAQ:AMD) stock rose 5.1% last week, insiders who sold US$4.1m worth of stock in the previous 12 months are likely to be better off. Selling at an average price of US$102, which is higher than the current price, may have been the wisest decision for these insiders as their investment would have been worth less now than when they sold.
Although we don't think shareholders should simply follow insider transactions, logic dictates you should pay some attention to whether insiders are buying or selling shares.
View our latest analysis for Advanced Micro Devices