Unusual stock movements within AMD, as some top executives are selling large packages of shares, for reasons still unknown.
Intel's movements in the processor market are attracting a lot of users 'attention, but AMD's stock price movements are attracting investors' attention. Apparently, there is a strange trend in the stock movements of the company, but the strangest thing is that these movements are not external, they are internal. It is the directors of the company and not the shareholders, who buy and sell part of the shares to do their own business, something that is not well seen in the stock market.
During the last quarter, a total of 451 stock market movements have been seen. Part of these are from 255 investors of the company, who have improved their position in the market, with a value of 132.22 million shares, while the other 196 movements are for the sale of part of the shares, reaching 104.2 million of shares sold. These data are not relatively interesting, what matters are the figures of everything are the movements of trends that come from internal transactions.
It seems that in the last three months, some executives and people within the company have made a total of 29 operations, all of them related to the sale of shares. It is normal for the top managers of the company to sell or buy, because they know the internal data of the company, but it is not normal for so many shares to be sold, totaling 42.28 million shares sold. Lisa Su, the CEO of the company, would have sold 82.709 with a value of more than a million dollars. This situation could have its origin in the problems of the AMD RX Vega or perhaps the departure of Raja Koduri from the company.
Source: investor place