Philip Guido, an EVP at Advanced Micro Devices (AMD), recently bought 4,645 shares. The buy increased his stake by 16%, and came to a total cost of $499,616.
This buy is the first insider activity of 2025. Insiders were only sellers of shares in 2024 and 2023. That included significant sales from the company CEO, usually following the exercise of stock options. The company CFO also sold over one-third of her position last June.
Overall, Advanced Micro Devices insiders own 0.5% of shares.
The semiconductor giant is down 37% over the past year, as the company has been retooling to match demand for AI-releated chips. However, while seen as a potential competitor to Nvidia (NVDA), AMD has declined as those expectations have failed to be met.
However, AMD’s fundamentals tell a different story. Revenues rose nearly 18% in the past year, and earnings growth hit a massive 158%. If this trend continues, shares may be in for a rebound rally higher.
Action to take: Shares are still in a downtrend, even if insiders are flipping from bearish to bullish. Investors may want to build a small stake here, and use any further market weakness to add to that position.
For traders, the April $120 calls, last trading for about $4.40, could see mid-double-digit returns if shares see an oversold bounce in the coming weeks.
Disclosure: The author of this article has no position in the company mentioned here, but may trade after the next 72 hours. The author receives no compensation from any company mentioned in this article.