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Advanced Micro Devices, Inc. $AMD Shares Sold by Crestwood Capital Management L.P.
Crestwood Capital Management L.P. significantly reduced its stake in Advanced Micro Devices (AMD) by selling 15,000 shares, now holding 12,318 shares valued at approximately $1.993 million. This comes amidst notable insider selling, including CEO Lisa T. Su, who sold 125,000 shares for about $26.9 million. Despite this, AMD reported strong earnings, exceeding analyst expectations, and maintains a “Moderate Buy” consensus rating with a target price around $290.53, fueled by a large GPU opportunity with Meta.