Looking at Advanced Micro Devices, Inc.’s (NASDAQ:AMD ) insider transactions over the last year, we can see that insiders were net sellers. That is, there were more number of shares sold by insiders than there were purchased.
While insider transactions are not the most important thing when it comes to long-term investing, we would consider it foolish to ignore insider transactions altogether.
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Advanced Micro Devices Insider Transactions Over The Last Year
In the last twelve months, the biggest single sale by an insider was when the insider, Forrest Norrod, sold US$4.1m worth of shares at a price of US$102 per share. While insider selling is a negative, to us, it is more negative if the shares are sold at a lower price. The silver lining is that this sell-down took place above the latest price (US$91.75). So it may not tell us anything about how insiders…