MBE Wealth Management LLC Takes $247,000 Position in Advanced Micro Devices, Inc. $AMD

Key Points

• MBE Wealth Management LLC has invested approximately $247,000 in Advanced Micro Devices, Inc. (AMD) during the 2nd quarter, acquiring 1,739 shares of the semiconductor manufacturer.
• Advanced Micro Devices reported $0.48 earnings per share for the last quarter, which fell short of the consensus estimate of $0.54, while its revenue increased by 31.7% year-over-year to $7.69 billion.
• Institutional investors now own 71.34% of AMD's stock, indicating strong interest and investment from large financial entities in the company.

MBE Wealth Management LLC bought a new stake in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 1,739 shares of the semiconductor manufacturer's stock, valued at approximately $247,000.

Several other institutional investors have also recently added to or reduced their stakes in AMD. Parisi Gray Wealth Management acquired a new position in Advanced Micro Devices during the 2nd quarter worth approximately $343,000. Davis Investment Partners LLC purchased a new stake in Advanced Micro Devices in the 2nd quarter valued at approximately $736,000. Sivia Capital Partners LLC lifted its stake in Advanced Micro Devices by 125.1% in the 2nd quarter. Sivia Capital Partners LLC now owns 5,344 shares of the semiconductor manufacturer's stock valued at $758,000 after buying an additional 2,970 shares in the last quarter. Fragasso Financial Advisors Inc lifted its stake in shares of Advanced Micro Devices by 151.3% during the 2nd quarter. Fragasso Financial Advisors Inc now owns 5,628 shares of the semiconductor manufacturer's stock worth $799,000 after purchasing an additional 3,388 shares during the period. Finally, Modern Wealth Management LLC purchased a new position in shares of Advanced Micro Devices during the 1st quarter worth $644,000. Institutional investors and hedge funds own 71.34% of the company's stock.

Advanced Micro Devices Stock Performance

Shares of AMD stock opened at $161.27 on Friday. Advanced Micro Devices, Inc. has a 12 month low of $76.48 and a 12 month high of $186.65. The company has a current ratio of 2.49, a quick ratio of 1.81 and a debt-to-equity ratio of 0.05. The firm has a market capitalization of $261.72 billion, a PE ratio of 92.68, a price-to-earnings-growth ratio of 1.90 and a beta of 1.92. The firm has a fifty day simple moving average of $165.43 and a two-hundred day simple moving average of $130.84.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last posted its quarterly earnings results on Tuesday, August 5th. The semiconductor manufacturer reported $0.48 earnings per share for the quarter, missing the consensus estimate of $0.54 by ($0.06). The company had revenue of $7.69 billion for the quarter, compared to the consensus estimate of $7.41 billion. Advanced Micro Devices had a net margin of 9.57% and a return on equity of 7.54%. Advanced Micro Devices's quarterly revenue was up 31.7% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.69 EPS. Advanced Micro Devices has set its Q3 2025 guidance at EPS. Analysts forecast that Advanced Micro Devices, Inc. will post 3.87 EPS for the current fiscal year.

Insider Activity

In related news, EVP Mark D. Papermaster sold 17,998 shares of the company's stock in a transaction that occurred on Tuesday, July 15th. The shares were sold at an average price of $155.03, for a total value of $2,790,229.94. Following the transaction, the executive vice president directly owned 1,713,710 shares in the company, valued at approximately $265,676,461.30. This represents a 1.04% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Forrest Eugene Norrod sold 17,200 shares of the stock in a transaction that occurred on Wednesday, September 10th. The shares were sold at an average price of $160.93, for a total transaction of $2,767,996.00. Following the transaction, the executive vice president owned 313,848 shares in the company, valued at $50,507,558.64. The trade was a 5.20% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders sold 270,198 shares of company stock valued at $44,183,576. Corporate insiders own 0.06% of the company's stock.

Analyst Upgrades and Downgrades

AMD has been the subject of a number of research analyst reports. Morgan Stanley dropped their price objective on Advanced Micro Devices from $185.00 to $168.00 and set an "equal weight" rating for the company in a report on Wednesday, August 6th. Erste Group Bank cut shares of Advanced Micro Devices from a "buy" rating to a "hold" rating in a research report on Thursday, September 11th. Evercore ISI raised their target price on shares of Advanced Micro Devices from $144.00 to $188.00 and gave the stock an "outperform" rating in a report on Wednesday, August 6th. Melius Research upgraded shares of Advanced Micro Devices from a "hold" rating to a "strong-buy" rating and raised their price target for the company from $110.00 to $175.00 in a research note on Monday, June 23rd. Finally, Wedbush restated a "cautious" rating on shares of Advanced Micro Devices in a research note on Saturday, August 9th. Three analysts have rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, Advanced Micro Devices has an average rating of "Moderate Buy" and an average price target of $180.88.

About Advanced Micro Devices

Advanced Micro Devices, Inc operates as a semiconductor company worldwide. It operates through Data Center, Client, Gaming, and Embedded segments. The company offers x86 microprocessors and graphics processing units (GPUs) as an accelerated processing unit, chipsets, data center, and professional GPUs; and embedded processors, and semi-custom system-on-chip (SoC) products, microprocessor and SoC development services and technology, data processing unites, field programmable gate arrays (FPGA), and adaptive SoC products.

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