AMD Exec Buys Stock for First Time in 12 Years as Shares Struggle
Phil Guido, AMD's (NASDAQ:AMD) chief commercial officer, just made a bold move, he bought 4,645 shares of the company's stock for $500,000, marking AMD's first insider purchase since 2012, according to SEC filings.
Warning! GuruFocus has detected 3 Warning Signs with AMD.
Guido picked up the shares on February 7 at an average price of $107.56, bringing his total holdings to 33,522 shares. His purchase comes as AMD's stock flirts with a 52-week low of $106.50, down more than 35% over the past year as investors worry about its ability to compete with Nvidia (NASDAQ:NVDA) in AI chips.
The last time an AMD insider bought stock on the open market was in 2012, when Lisa Su, now CEO, purchased 48,000 shares at just $2.05 per share while serving as a senior VP. Guido, who joined AMD in June 2023 after a long career at IBM (NYSE:IBM), is now tasked with helping the company regain momentum and boost investor confidence.
This article first appeared on GuruFocus.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
13 minutes ago
- Yahoo
MillerKnoll Unveils New Chicago Flagship Experience at Design Days
ZEELAND, Mich., June 3, 2025 /PRNewswire/ -- MillerKnoll (NASDAQ:MLKN), a global leader in design, is introducing a new Chicago flagship location in time for Fulton Market Design Days taking place from June 9-11, 2025. Spanning eight floors and nearly 70,000 square feet of showroom and retail space between the existing building at 1100 West Fulton Market and a new location at 1144 West Fulton Market, MillerKnoll Fulton Market promises to be a place where creativity is sparked, ideas are exchanged, and innovation takes center stage. "At MillerKnoll, we're driven by the belief that great design should be both visionary and deeply functional. Each of our spaces is thoughtfully crafted to reflect the ways people work, gather, and create—offering real-world solutions through layered planning and purposeful design," said Andi Owen, CEO of MillerKnoll. "Through environments that bring our research and our collective of brands to life, we help our customers see what's possible. Building on the success of our Dallas, London, and New York City flagship locations, MillerKnoll Fulton Market continues that momentum as a destination for inspired, forward-thinking design." 1100 West Fulton MarketThe five-story building has been reimagined to feature an inspiring MillerKnoll welcome area with striking display walls and exhibition spaces showcasing MillerKnoll's design heritage, product innovation, and dynamic solutions. On the second floor, the new MillerKnoll Chicago workplace brings high-performance design to life with a range of settings that support focus, collaboration, and social connection, all informed by MillerKnoll's planning approach and realized with products from its collective. At 1100 West Fulton Market, Herman Miller and Knoll come together under one roof, offering a seamless journey across both contract showrooms. It also features showrooms for DatesWeiser and Geiger as well as a refreshed Herman Miller retail store with complimentary design services and personalized support to help customers discover the right solutions. A gallery-like, multibrand textiles experience rounds out the space, showcasing Edelman, Knoll Textiles, and Maharam in an inspiring, hands-on environment. 1144 West Fulton MarketThe new 21,000-square-foot, three-story building at 1144 West Fulton Market features contract showrooms for HAY, Muuto, and NaughtOne, a dedicated area for MillerKnoll's healthcare solutions, and a courtyard by Michael van Valkenburgh Associates, the renowned landscape architecture firm behind New York's Brooklyn Bridge Park and Chicago's Maggie Daley Park. This beautifully crafted outdoor space merges natural elements with contemporary elegance, creating a welcoming environment that enhances the visitor experience. 1144 West Fulton Market is also home to a new Design Within Reach (DWR) store located on the street level. The floor showcases brands from MillerKnoll's collective, including Herman Miller, Knoll, DWR Collection, HAY, and Muuto as well as a curation of modern brands from around the world, such as Ellison Studios, Louis Poulsen, Gubi, Flos, and Beni Rugs to name a few. "To understand MillerKnoll's place in Fulton Market is to understand the district's transformation from an industrial quarter to a design innovation hub," said Matthew Stares, Senior Vice President of Global Real Estate, Architecture, and Development at MillerKnoll. "As one of the original design tenants of Fulton Market, our goal has always been to shape—not just occupy—the neighborhood, helping to redefine it by capturing the essence of modern design and honoring its creative pioneers. And what better way to introduce our latest thinking than by welcoming our customers and the A&D community during Design Days?" Fulton Market Design Days – MillerKnoll Collective Highlights Across 1100 and 1144 West Fulton Market, MillerKnoll will host engaging events and exhibits, share insights, and collaborate with the design community and clients to address pressing questions around the future of workplace, healthcare, education, hospitality, and ancillary environments. The event will also feature several product launches from MillerKnoll's collective of brands. At 1100 West Fulton Market, Knoll will unveil Dividends Skyline, a refined, flexible, and holistically integrated system that reimagines the open-plan workplace, showcased in the new Knoll Chicago, now occupying the glass-walled pavilion on the third floor. With flexible open-plan layouts and dedicated collaboration zones, Skyline is expertly crafted for today's dynamic and compact office environments, setting a new standard for premier open-plan design. Herman Miller will showcase its performance seating lab, where experts help customers find their perfect fit, highlighting the importance of personalized comfort. The brand will also preview the Eames® Molded Plastic Dining Chair and commemorate the 75th anniversary of the iconic Eames® Shell Chair, both designed by Charles and Ray Eames. Geiger will preview Lijn by Carole Baijings Studio for Design—a minimalist piece that showcases Geiger's unparalleled woodcraft and effortlessly elevates any setting. Renowned for her color-centric practice, Baijings developed a distinctive stain color palette specifically for this chair. DatesWeiser will debut the JD Meeting Table, an expansion of their popular JD collection, and offer a first look at Ascent—a new conferencing line of tables and credenzas designed by EOOS. The sophisticated collection combines extensive customization options with seamless specification and is available in an array of shapes and sizes. Knoll Textiles will present reissued archival upholsteries—including Altiplano by Sheila Hicks, 1966—and an array of innovative window coverings. Maharam's offering comprises a range of products designed for reduced environmental impact, ongoing collaborations with designers Paul Smith and Sander Lak, reissues of designs by Alexander Girard, and rugs designed by new collaborator Edith van Berkel. At 1144 West Fulton Market, MillerKnoll's healthcare space will introduce Herman Miller's new Gemma Seating Family, designed to meet the needs of all individuals within a healthcare environment—from patients and their family members to dedicated healthcare providers. This thoughtfully crafted collection of recliners, a sleep chair, and sleep sofas blends modern aesthetics with user-friendly mechanisms, enhancing the comfort and functionality of healthcare spaces so that individuals can focus on what matters most during a significant time. DWR will welcome Design Days visitors to its new home. Taking a localized approach which reflects the surrounding neighborhood, the architecture and interiors complement the industrial character of the building, while evoking an open, welcoming residential feel reminiscent of loft living. Featuring warm and inspiring materials, the new space blends timeless design philosophies with contemporary solutions across expansive furniture, décor, and art assortments. Muuto's new showroom reimagines the workplace as a space for both community and contemplation. As a part of this vision, the brand will debut the Midst Conference Table and Linear System High Table in North America, signaling a continued evolution in flexible workspace design. Also on view: two new table modules for the Connect Modular Sofa and a first look at the Midst Table in marble, arriving September 2025. NaughtOne will debut Mimo, a low and loungey modular seating and table collection by Keiji Takeuchi, and Fin Lounge Chair from Dan Schofield, a contemporary take on 1960s space age design. Their gallery-inspired showroom features an installation exploring the imaginative possibilities of choice. Meanwhile, HAY will celebrate its first North American showroom, previewing several new designs including the Layout Chair by Julien Renault, the Amanta Sofa by Mario Bellini, Annex, a universal table collection by John Tree, and the O2 Lounge Chair and Ottoman by Jonas Forsman. Also making their North American debut are Traverse, an outdoor furniture collection by Erwan Bouroullec, and the X-Line Chair, a 1970s Danish design classic by Niels Jørgen Haugesen. For further information, including showroom locations and hours, please visit: Media Contactdwr@ About MillerKnollMillerKnoll is a global collective of design brands built on the foundation of two icons of modernism: Herman Miller and Knoll. The portfolio also includes furniture and accessories for commercial and residential spaces from Colebrook Bosson Saunders, DatesWeiser, Design Within Reach, Edelman, Geiger, HAY, HOLLY HUNT, Knoll Textiles, Maharam, Muuto, NaughtOne, and Spinneybeck | FilzFelt. Guided by a shared purpose—design for the good of humankind—MillerKnoll generates insights, pioneers innovations, and champions ideas to better align spaces with how people live, work, and gather. In fiscal year 2024, the company generated net sales of $3.6 billion. For more information, visit View original content to download multimedia: SOURCE MillerKnoll Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
18 minutes ago
- Yahoo
Samsara (NYSE:IOT) Expands Field Services With AI-Powered Platform For Enhanced Efficiency
Samsara recently announced a standardization on its AI-powered Connected Operations® Platform, targeting enhanced service delivery and efficiency in response to growing demand. Over the past month, Samsara's stock price increased by 13%. This price move occurred alongside the company's expansion of its customer base, including clients like GardaWorld and Roto-Rooter, alongside new product releases and strategic collaborations. These initiatives are designed to improve operational safety, cost efficiency, and asset longevity, which may have supported the stock's upward trend. Meanwhile, the market rose 2% in the past week, aligning with Samsara's performance, reflecting broader positive market movements. We've identified 2 possible red flags for Samsara that you should be aware of. This technology could replace computers: discover the 22 stocks are working to make quantum computing a reality. The recently announced standardization on Samsara's AI-powered Connected Operations Platform could significantly influence the company's narrative and growth potential. By expanding its customer base with prominent clients such as GardaWorld and Roto-Rooter, along with new product releases, Samsara is poised to enhance operational safety, efficiency, and asset longevity. These initiatives align with projected revenue increases but are tempered by potential risks like long sales cycles and geopolitical uncertainties. Meanwhile, Samsara's shares have surged by a substantial 329.07% over a three-year period, indicating robust investor confidence. In a broader industry context, Samsara outperformed the US Software industry over the past year with a return of over 23.7%, while also exceeding US market performance of 11.9% during the same timeframe. This reflects strong market positioning, although the company's ongoing unprofitability remains a critical factor for future earnings forecasts. Samsara's revenue is projected to grow at 16.9% annually, driven by its focus on innovation and international expansion, yet it remains unprofitable with anticipated earnings challenges. Analysts have set a price target of US$47.06, suggesting potential for further growth beyond the current price of US$39.24. Unlock comprehensive insights into our analysis of Samsara stock in this financial health report. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include NYSE:IOT. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
23 minutes ago
- Yahoo
Archer Aviation Gains on First Piloted Runway Flight
Archer Aviation (NYSE:ACHR) shares rose 2.57% after its Midnight eVTOL aircraft completed its first piloted conventional takeoff and landing (CTOL), marking a key step toward commercialization. CTOL flights require rugged landing gear and precise control systemscapabilities that Midnight demonstrated under a clear California sky by accelerating down a runway and lifting off wheels first. Warning! GuruFocus has detected 2 Warning Signs with JOBY. CEO Adam Goldstein said this dual VTOL/CTOL design integrates into a wide range of operational scenarios while providing enhanced safety. Government regulators and defense partners have flagged CTOL as critical for real?world operations, boosting confidence in Midnights design choices as Archer readies production in its new Georgia factory with Stellantis help. While Archer promised 2025 aircraft deliveries, none have occurred yet, and the entire eVTOL sector faces certification hurdles. The CTOL milestone doesnt accelerate the delivery timeline, but it validates technical progress at a time when peers like Joby (NYSE:JOBY) and Vertical Aerospace (EVTL) confront delays. Archer continues to burn cash and must translate milestones into revenue and certification. Investors should care because CTOL success lends critical credibility to Archers promise of an aircraft that can operate from both runways and vertiports, narrowing the gap between hype and reality and keeping Archer in the lead as competition intensifies. It's important to note from the chart above that the stock has surged almost 47% with a 115% CAGR, showing incredible investor confidence. The stock is consolidating near the $9.90 mark at this point. Hence, despite some volatility, the overall momentum remains healthy with support forming above previous lows. This article first appeared on GuruFocus.
