Rep. Gilbert Ray Cisneros, Jr. Acquires Shares of Advanced Micro Devices, Inc. (NASDAQ:AMD)

Posted by Stephan Jacobs on Sep 8th, 2026

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of Advanced Micro Devices, Inc. (NASDAQ:AMD). In a filing disclosed on September 04th, the Representative disclosed that they had bought between $1,001 and $15,000 in Advanced Micro Devices stock on July 17th. 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 $15,001 – $50,000 in shares of Mesabi Trust (NYSE:MSB) on 7/31/2026.
Purchased $1,001 – $15,000 in shares of Praxis Precision Medicines (NASDAQ:PRAX) on 7/30/2026.
Purchased $15,001 – $50,000 in shares of Alkermes (NASDAQ:ALKS) on 7/30/2026.
Sold $15,001 – $50,000 in shares of Crinetics Pharmaceuticals (NASDAQ:CRNX) on 7/30/2026.
Sold $100,001 – $250,000 in shares of Alibaba Group (NYSE:BABA) on 7/24/2026.
Sold $1,001 – $15,000 in shares of Adobe (NASDAQ:ADBE) on 7/24/2026.
Sold $1,001 – $15,000 in shares of Viavi Solutions (NASDAQ:VIAV) on 7/21/2026.
Purchased $1,001 – $15,000 in shares of SailPoint (NASDAQ:SAIL) on 7/21/2026.
Purchased $1,001 – $15,000 in shares of Glacier Bancorp (NYSE:GBCI) on 7/21/2026.
Sold $1,001 – $15,000 in shares of FedEx (NYSE:FDX) on 7/21/2026.

Advanced Micro Devices Stock Performance

NASDAQ AMD traded up $24.87 during trading on Tuesday, reaching $502.44. The company’s stock had a trading volume of 8,331,654 shares, compared to its average volume of 33,822,207. The company has a current ratio of 2.61, a quick ratio of 1.91 and a debt-to-equity ratio of 0.03. The firm has a market capitalization of $820.22 billion, a price-to-earnings ratio of 128.26, a price-to-earnings-growth ratio of 4.95 and a beta of 2.48. The firm has a 50 day moving average price of $497.96 and a 200 day moving average price of $396.52. Advanced Micro Devices, Inc. has a 12 month low of $149.85 and a 12 month high of $584.73.

Advanced Micro Devices (NASDAQ:AMD – Get Free Report) last issued its quarterly earnings results on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.62 by $0.04. Advanced Micro Devices had a return on equity of 12.30% and a net margin of 15.58%.The business had revenue of $11.54 billion for the quarter, compared to the consensus estimate of $11.31 billion. During the same quarter in the prior year, the business posted $0.48 earnings per share. The firm’s quarterly revenue was up 50.1% compared to the same quarter last year. As a group, equities analysts anticipate that Advanced Micro Devices, Inc. will post 6.44 EPS for the current fiscal year.

Hedge Funds Weigh In On Advanced Micro Devices

Institutional investors and hedge funds have recently modified their holdings of the business. California State Teachers Retirement System raised its position in shares of Advanced Micro Devices by 58,272.0% during the second quarter. California State Teachers Retirement System now owns 1,436,775,740 shares of the semiconductor manufacturer’s stock worth $834,637,395,000 after purchasing an additional 1,434,314,328 shares during the period. Norges Bank bought a new position in Advanced Micro Devices in the 4th quarter valued at about $4,929,312,000. Bank of America Corp DE purchased a new stake in shares of Advanced Micro Devices in the second quarter worth approximately $7,022,226,000. Cardano Risk Management B.V. bought a new stake in shares of Advanced Micro Devices in the 4th quarter worth $1,000,783,000. Finally, BlackRock Inc. increased its stake in Advanced Micro Devices by 3.1% in the 2nd quarter. BlackRock Inc. now owns 150,301,510 shares of the semiconductor manufacturer’s stock valued at $87,311,650,000 after buying an additional 4,535,126 shares during the last quarter. 71.34% of the stock is currently owned by institutional investors.

Advanced Micro Devices News Summary

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

Positive Sentiment: AMD unveiled a workstation priced above $100,000 that is designed to run AI models with as many as 300 billion parameters locally. The system could help enterprises keep sensitive AI workloads on-premises rather than relying entirely on cloud providers, potentially expanding AMD’s addressable market and challenging cloud infrastructure vendors. AMD Just Put 300 Billion-Parameter AI Models on a Desktop
Positive Sentiment: Analysts and commentators remain bullish on AMD’s AI opportunity. The company recently exceeded quarterly expectations with $11.54 billion in revenue and $1.66 in adjusted earnings per share, while data-center revenue growth has led some forecasts to project that the segment will represent more than 70% of total revenue in 2027. Prediction: Data Center Passes 70% of AMD’s Revenue in 2027
Neutral Sentiment: Machine-learning projections suggest AMD could consolidate after its substantial 2026 rally, with a modest recovery possible by September 30. Seasonal weakness in September also remains a consideration for semiconductor investors. Machine Learning Algorithm Sets AMD Stock Price for September 30, 2026
Negative Sentiment: AMD’s valuation is a key risk after shares gained more than 200% over the past year. With a reported price-to-earnings ratio above 120, some coverage argues AMD is more expensive than Nvidia and Broadcom, leaving the stock vulnerable to profit-taking if AI growth slows or expectations are not exceeded.
Negative Sentiment: Broadcom is viewed as a growing competitive threat because its custom AI-chip strategy may secure hyperscaler business that AMD is targeting. That could limit AMD’s long-term share gains despite strong near-term AI demand. AMD’s Whole AI Story Has One Threat It Cannot Ignore: Broadcom

Analysts Set New Price Targets

AMD has been the topic of several analyst reports. Sanford C. Bernstein reissued an “outperform” rating and set a $650.00 target price on shares of Advanced Micro Devices in a report on Wednesday, August 5th. Susquehanna upped their price objective on shares of Advanced Micro Devices from $450.00 to $500.00 and gave the stock a “positive” rating in a research report on Thursday, July 30th. TD Cowen reiterated a “buy” rating on shares of Advanced Micro Devices in a research report on Wednesday, August 5th. Robert W. Baird set a $1,250.00 target price on shares of Advanced Micro Devices in a research note on Friday, July 24th. Finally, Barclays cut Advanced Micro Devices from an “overweight” rating to an “underweight” rating in a research note on Friday, June 12th. Three equities research analysts have rated the stock with a Strong Buy rating, thirty-two have assigned a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Advanced Micro Devices presently has a consensus rating of “Moderate Buy” and a consensus target price of $553.72.

Check Out Our Latest Stock Analysis on Advanced Micro Devices

Insider Transactions at Advanced Micro Devices

In related news, EVP Paul Grasby sold 15,000 shares of Advanced Micro Devices stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $514.91, for a total value of $7,723,650.00. Following the sale, the executive vice president owned 117,687 shares of the company’s stock, valued at approximately $60,598,213.17. The trade was a 11.30% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, EVP Mark D. Papermaster sold 28,811 shares of the company’s stock in a transaction that occurred on Thursday, August 20th. The shares were sold at an average price of $471.87, for a total value of $13,595,046.57. Following the completion of the transaction, the executive vice president owned 1,261,461 shares in the company, valued at approximately $595,245,602.07. The trade was a 2.23% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 232,577 shares of company stock worth $109,509,170. Company insiders own 0.50% 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.

About Advanced Micro Devices

(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.