MGO One Seven LLC Acquires 4,169 Shares of Advanced Micro Devices, Inc. $AMD

Key Points

• MGO One Seven LLC increased its stake in Advanced Micro Devices (AMD) by 29.4%, acquiring an additional 4,169 shares during the second quarter, bringing their total holdings to 18,340 shares valued at approximately $2.6 million.
• Advanced Micro Devices reported a missed earnings estimate for the latest quarter, with earnings per share of $0.48 versus an expected $0.54, although revenue rose to $7.69 billion, exceeding analysts' projections.
• Analysts have recently upgraded their target prices for AMD's stock, with Barclays setting a target of $300 and multiple firms giving the stock ratings ranging from Strong Buy to Hold.

MGO One Seven LLC raised its holdings in Advanced Micro Devices, Inc. (NASDAQ:AMD - Free Report) by 29.4% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 18,340 shares of the semiconductor manufacturer's stock after acquiring an additional 4,169 shares during the period. MGO One Seven LLC's holdings in Advanced Micro Devices were worth $2,602,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of AMD. Farmers & Merchants Trust Co of Chambersburg PA grew its holdings in shares of Advanced Micro Devices by 277.8% during the first quarter. Farmers & Merchants Trust Co of Chambersburg PA now owns 272 shares of the semiconductor manufacturer's stock worth $28,000 after purchasing an additional 200 shares during the last quarter. American Capital Advisory LLC grew its holdings in shares of Advanced Micro Devices by 90.3% during the first quarter. American Capital Advisory LLC now owns 274 shares of the semiconductor manufacturer's stock worth $28,000 after purchasing an additional 130 shares during the last quarter. Dogwood Wealth Management LLC grew its holdings in shares of Advanced Micro Devices by 2,311.1% during the second quarter. Dogwood Wealth Management LLC now owns 217 shares of the semiconductor manufacturer's stock worth $30,000 after purchasing an additional 208 shares during the last quarter. West Branch Capital LLC grew its holdings in shares of Advanced Micro Devices by 3,057.1% during the second quarter. West Branch Capital LLC now owns 221 shares of the semiconductor manufacturer's stock worth $31,000 after purchasing an additional 214 shares during the last quarter. Finally, Bear Mountain Capital Inc. grew its holdings in shares of Advanced Micro Devices by 75.0% during the first quarter. Bear Mountain Capital Inc. now owns 350 shares of the semiconductor manufacturer's stock worth $34,000 after purchasing an additional 150 shares during the last quarter. Institutional investors own 71.34% of the company's stock.

Advanced Micro Devices Price Performance

Shares of AMD opened at $218.09 on Wednesday. Advanced Micro Devices, Inc. has a 52-week low of $76.48 and a 52-week high of $240.10. The company has a debt-to-equity ratio of 0.05, a quick ratio of 1.81 and a current ratio of 2.49. The business's 50 day moving average price is $172.00 and its two-hundred day moving average price is $138.97. The firm has a market cap of $353.93 billion, a PE ratio of 125.34, a price-to-earnings-growth ratio of 2.54 and a beta of 1.90.

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

Insiders Place Their Bets

In other Advanced Micro Devices news, CEO Lisa T. Su sold 225,000 shares of the business's stock in a transaction that occurred on Thursday, August 21st. The stock was sold at an average price of $163.97, for a total value of $36,893,250.00. Following the transaction, the chief executive officer directly owned 3,359,748 shares of the company's stock, valued at approximately $550,897,879.56. The trade was a 6.28% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Forrest Eugene Norrod sold 17,200 shares of the business's stock in a transaction that occurred on Wednesday, September 10th. The shares were sold at an average price of $160.93, for a total value of $2,767,996.00. Following the completion of the transaction, the executive vice president directly owned 313,848 shares in the company, valued at approximately $50,507,558.64. This trade represents a 5.20% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 257,318 shares of company stock valued at $42,412,815 in the last ninety days. 0.06% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on AMD. Barclays boosted their price target on Advanced Micro Devices from $200.00 to $300.00 and gave the stock an "overweight" rating in a report on Monday, October 6th. Bank of America boosted their price target on Advanced Micro Devices from $175.00 to $200.00 and gave the stock a "buy" rating in a report on Tuesday, July 29th. Wells Fargo & Company boosted their price target on Advanced Micro Devices from $185.00 to $275.00 and gave the stock an "overweight" rating in a report on Tuesday, October 7th. Melius Research set a $300.00 price objective on Advanced Micro Devices in a research note on Monday, October 6th. Finally, Erste Group Bank lowered Advanced Micro Devices from a "buy" rating to a "hold" rating in a research note on Thursday, September 11th. Three investment analysts have rated the stock with a Strong Buy rating, twenty-five have assigned a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, Advanced Micro Devices has an average rating of "Moderate Buy" and an average price target of $224.97.

Advanced Micro Devices Company Profile

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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