Advanced Micro Devices (NASDAQ:AMD) Stock Acquired Rep. Gilbert Ray Cisneros, Jr.

10 Jun 2026, 20:02 by Doug Wharley · The Cerbat Gem

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of Advanced Micro Devices, Inc. (NASDAQ:AMD). In a filing disclosed on June 08th, the Representative disclosed that they had bought between $1,001 and $15,000 in Advanced Micro Devices stock on May 15th. The trade occurred in the Representative’s “150 MAIN STREET TRUST > BANK OF AMERICA” account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

Purchased $1,001 – $15,000 in shares of SoftBank Group (OTCMKTS:SFTBF) on 6/2/2026.
Purchased $1,001 – $15,000 in shares of Ciena (NYSE:CIEN) on 5/29/2026.
Sold $1,001 – $15,000 in shares of AutoZone (NYSE:AZO) on 5/29/2026.
Purchased $1,001 – $15,000 in shares of Independent Bank (NASDAQ:INDB) on 5/29/2026.
Purchased $1,001 – $15,000 in shares of Arcutis Biotherapeutics (NASDAQ:ARQT) on 5/29/2026.
Purchased $1,001 – $15,000 in shares of HealthEquity (NASDAQ:HQY) on 5/29/2026.
Purchased $1,001 – $15,000 in shares of Boston Scientific (NYSE:BSX) on 5/29/2026.
Purchased $1,001 – $15,000 in shares of Perella Weinberg Partners (NASDAQ:PWP) on 5/29/2026.
Purchased $1,001 – $15,000 in shares of Cooper Companies (NASDAQ:COO) on 5/29/2026.
Purchased $1,001 – $15,000 in shares of Ligand Pharmaceuticals (NASDAQ:LGND) on 5/29/2026.

Advanced Micro Devices Price Performance

Shares of NASDAQ AMD traded down $23.11 during midday trading on Wednesday, hitting $452.40. 27,553,833 shares of the company’s stock were exchanged, compared to its average volume of 38,369,785. The company has a current ratio of 2.72, a quick ratio of 1.96 and a debt-to-equity ratio of 0.04. The business’s fifty day moving average price is $369.56 and its two-hundred day moving average price is $268.77. The company has a market cap of $737.68 billion, a price-to-earnings ratio of 148.33, a PEG ratio of 1.44 and a beta of 2.50. Advanced Micro Devices, Inc. has a 12-month low of $115.06 and a 12-month high of $546.44.

Advanced Micro Devices (NASDAQ:AMD – Get Free Report) last posted its quarterly earnings data on Tuesday, May 5th. The semiconductor manufacturer reported $1.37 earnings per share for the quarter, topping the consensus estimate of $1.29 by $0.08. The company had revenue of $10.25 billion for the quarter, compared to analysts’ expectations of $9.90 billion. Advanced Micro Devices had a net margin of 13.37% and a return on equity of 9.55%. Advanced Micro Devices’s revenue for the quarter was up 37.8% compared to the same quarter last year. During the same period in the prior year, the business earned $0.96 earnings per share. As a group, research analysts forecast that Advanced Micro Devices, Inc. will post 6.2 EPS for the current fiscal year.

Key Stories Impacting Advanced Micro Devices

Here are the key news stories impacting Advanced Micro Devices this week:

Positive Sentiment: AMD continues to benefit from strong AI infrastructure demand, with recent coverage highlighting record data center revenue and growing adoption of EPYC and Instinct products.
Positive Sentiment: Wall Street remains broadly constructive on AMD, with multiple buy/overweight ratings and several price targets above current levels.
Neutral Sentiment: TSMC’s strong monthly sales reinforced that demand for AI chips remains robust across the semiconductor supply chain.
Negative Sentiment: AMD was hit by a sector-wide semiconductor selloff as investors pulled back from high-flying chip stocks.
Negative Sentiment: AMD’s investment in TensorWave raised concerns about circular financing and added to recent caution around AI-related capital allocation.
Negative Sentiment: Several market commentators and analysts warned that AMD’s sharp multi-month rally may be leaving the stock vulnerable to a valuation reset.

Analysts Set New Price Targets

Several research analysts recently weighed in on the stock. Citigroup upped their price objective on shares of Advanced Micro Devices from $358.00 to $460.00 and gave the stock a “neutral” rating in a research report on Monday, May 18th. Stifel Nicolaus upped their price objective on shares of Advanced Micro Devices from $320.00 to $450.00 and gave the stock a “buy” rating in a research report on Wednesday, May 6th. Susquehanna upped their price objective on shares of Advanced Micro Devices from $375.00 to $450.00 and gave the stock a “positive” rating in a research report on Wednesday, May 6th. The Goldman Sachs Group raised Advanced Micro Devices from a “neutral” rating to a “buy” rating and upped their target price for the stock from $240.00 to $450.00 in a research note on Wednesday, May 6th. Finally, Rosenblatt Securities upped their target price on Advanced Micro Devices from $300.00 to $490.00 and gave the stock a “buy” rating in a research note on Wednesday, May 6th. One investment analyst has rated the stock with a Strong Buy rating, thirty have issued a Buy rating and thirteen have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $419.86.

Read Our Latest Report on Advanced Micro Devices

Insider Buying and Selling at Advanced Micro Devices

In other news, EVP Mark D. Papermaster sold 31,320 shares of the company’s stock in a transaction dated Friday, April 24th. The shares were sold at an average price of $350.00, for a total value of $10,962,000.00. Following the sale, the executive vice president directly owned 1,236,037 shares of the company’s stock, valued at $432,612,950. This represents a 2.47% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Nora Denzel sold 8,626 shares of the company’s stock in a transaction dated Tuesday, June 2nd. The stock was sold at an average price of $522.00, for a total transaction of $4,502,772.00. Following the completion of the sale, the director directly owned 87,173 shares in the company, valued at $45,504,306. This represents a 9.00% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 332,032 shares of company stock valued at $117,967,816. Company insiders own 0.50% of the company’s stock.

Institutional Trading of Advanced Micro Devices

A number of institutional investors and hedge funds have recently added to or reduced their stakes in AMD. FAS Wealth Partners Inc. raised its stake in Advanced Micro Devices by 10.2% in the first quarter. FAS Wealth Partners Inc. now owns 1,982 shares of the semiconductor manufacturer’s stock worth $403,000 after buying an additional 184 shares in the last quarter. Rathbones Group PLC lifted its stake in shares of Advanced Micro Devices by 3.1% in the 1st quarter. Rathbones Group PLC now owns 20,955 shares of the semiconductor manufacturer’s stock valued at $4,263,000 after purchasing an additional 634 shares during the period. Pine Valley Investments Ltd Liability Co lifted its stake in shares of Advanced Micro Devices by 6.0% in the 1st quarter. Pine Valley Investments Ltd Liability Co now owns 7,453 shares of the semiconductor manufacturer’s stock valued at $1,516,000 after purchasing an additional 419 shares during the period. Farmers National Bank boosted its position in shares of Advanced Micro Devices by 14.7% during the first quarter. Farmers National Bank now owns 2,310 shares of the semiconductor manufacturer’s stock valued at $470,000 after purchasing an additional 296 shares in the last quarter. Finally, Stillwater Private Wealth LLC purchased a new stake in Advanced Micro Devices in the first quarter worth $454,000. Hedge funds and other institutional investors own 71.34% of the company’s stock.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California’s 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California’s 31st Congressional District. He declared candidacy for the 2026 election.

Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor’s degree in political science from George Washington University in 1994, a master’s in business administration from Regis University in 2002, and a master’s degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

Advanced Micro Devices Company Profile

(Get Free Report)

Advanced Micro Devices, Inc (NASDAQ: AMD) is a global semiconductor company that designs and sells microprocessors, graphics processors, chipsets and adaptive computing solutions for a broad set of markets. The company’s product portfolio includes consumer and commercial CPUs under the Ryzen and Threadripper brands, data center processors under the EPYC brand, and Radeon graphics processing units for gaming and professional visualization. AMD also offers semi-custom system-on-chip (SoC) products for gaming consoles and other specialized applications, and provides supporting software and platform technologies for OEMs, cloud service providers and end users.

Founded in 1969, AMD has evolved from a supplier of logic chips into a diversified, fabless semiconductor designer.