AMD in focus: RBC keeps Sector Perform, director sells shares
· 6 sources
RBC Capital kept AMD at Sector Perform with a $540 target, while filings show a director sale and a gift by the technology chief, outlets report.
What happened
TradingView reports that RBC Capital maintained its Sector Perform rating on Advanced Micro Devices and left its price target at $540. According to that report, the target implies a downside of 2.3% from the Nov 11 close of $552.90.
Stock Titan reports that AMD director Nora Denzel sold shares and now holds 78,173 directly. TradingView puts the value of the shares sold by the director at over $5M. Stock Titan also reports that AMD's technology chief holds 1,231,795 shares directly after a gift.
Separately, Benzinga published a piece saying AMD has outrun Nvidia 5X since 2024, with a valuation catch. The Globe and Mail ran a comparison of AMD and Intel that names one chip stock as the clear winner.
Context
Analyst ratings and price targets are one of several inputs investors follow, and insider transactions are disclosed in regulatory filings.
Why it matters
Analyst views, insider filings and valuation commentary are all part of the information flow around AMD that market participants may weigh.
Stocks in this story
Price changes are shown for the trading day of the story and are a coincidence in time, not proof that the news caused them. Figures are ATLAS data from our database.
44%Probability of closing higher than today within 21 sessions.Normal range: half of the scenarios end between $425.00 and $599.39; 9 in 10, between $313.35 and $812.97.
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