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

Posted by Sarita Garza on Sep 13th, 2026

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of Advanced Micro Devices, Inc. (NASDAQ:AMD). In a filing disclosed on September 10th, the Representative disclosed that they had sold between $1,001 and $15,000 in Advanced Micro Devices stock on August 18th. 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):

Sold $1,001 – $15,000 in shares of DoorDash (NASDAQ:DASH) on 8/28/2026.
Purchased $15,001 – $50,000 in shares of Quanta Services (NYSE:PWR) on 8/27/2026.
Purchased $15,001 – $50,000 in shares of Eaton (NYSE:ETN) on 8/27/2026.
Sold $15,001 – $50,000 in shares of NIKE (NYSE:NKE) on 8/27/2026.
Sold $1,001 – $15,000 in shares of Phreesia (NYSE:PHR) on 8/26/2026.
Purchased $1,001 – $15,000 in shares of Wheaton Precious Metals (NYSE:WPM) on 8/26/2026.
Purchased $1,001 – $15,000 in shares of Walmart (NASDAQ:WMT) on 8/26/2026.
Purchased $1,001 – $15,000 in shares of The Goldman Sachs Group (NYSE:GS) on 8/26/2026.
Sold $15,001 – $50,000 in shares of Lamar Advertising (NASDAQ:LAMR) on 8/25/2026.
Sold $1,001 – $15,000 in shares of Phreesia (NYSE:PHR) on 8/25/2026.

Advanced Micro Devices Trading Up 2.5%

NASDAQ AMD opened at $516.13 on Friday. The company’s 50-day moving average price is $495.75 and its 200-day moving average price is $403.83. 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 stock has a market cap of $842.57 billion, a PE ratio of 132.68, a PEG ratio of 5.34 and a beta of 2.48. 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 announced its quarterly earnings data on Tuesday, August 4th. The semiconductor manufacturer reported $1.66 earnings per share for the quarter, beating analysts’ consensus estimates of $1.62 by $0.04. The company had revenue of $11.54 billion during the quarter, compared to analyst estimates of $11.31 billion. Advanced Micro Devices had a net margin of 15.58% and a return on equity of 12.30%. The firm’s revenue for the quarter was up 50.1% on a year-over-year basis. During the same quarter last year, the business posted $0.48 EPS. Equities research analysts forecast that Advanced Micro Devices, Inc. will post 6.43 earnings per share for the current year.

Insider Activity

In other Advanced Micro Devices news, CEO Lisa T. Su sold 15,000 shares of the firm’s stock in a transaction dated Tuesday, August 18th. The stock was sold at an average price of $480.94, for a total value of $7,214,100.00. Following the completion of the sale, the chief executive officer owned 3,102,156 shares of the company’s stock, valued at approximately $1,491,950,906.64. This trade represents a 0.48% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Paul Grasby sold 15,000 shares of the business’s stock in a transaction dated Monday, August 17th. The stock was 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 in the company, valued at $60,598,213.17. The trade was a 11.30% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 107,577 shares of company stock worth $51,922,920 over the last quarter. Company insiders own 0.50% of the company’s stock.

Hedge Funds Weigh In On Advanced Micro Devices

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

Wall Street Analysts Forecast Growth

AMD has been the subject of several research analyst reports. Argus lifted their price target on shares of Advanced Micro Devices from $450.00 to $625.00 and gave the company a “buy” rating in a research note on Thursday, August 6th. Cantor Fitzgerald reissued an “overweight” rating and issued a $700.00 price objective on shares of Advanced Micro Devices in a research note on Wednesday, August 5th. Evercore restated an “outperform” rating and set a $579.00 price objective on shares of Advanced Micro Devices in a report on Tuesday, May 19th. William Blair reaffirmed a “market perform” rating on shares of Advanced Micro Devices in a research report on Friday, July 24th. Finally, CLSA reiterated an “outperform” rating and issued a $710.00 target price on shares of Advanced Micro Devices in a report on Wednesday. Four equities research analysts have rated the stock with a Strong Buy rating, thirty-two have issued a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $565.12.

Check Out Our Latest Research Report on AMD

Key Advanced Micro Devices News

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

Positive Sentiment: At the Goldman Sachs Communacopia + Technology Conference, AMD highlighted its AI and data-center opportunity, including the Helios platform and a market that management estimates could reach $2 trillion. The presentation reinforced expectations for continued accelerator, CPU, and infrastructure growth. AMD Goldman Sachs Conference Transcript
Positive Sentiment: Piper Sandler upgraded AMD to “strong buy,” while CLSA raised the stock to “moderate buy.” Other bullish commentary points to server CPU share gains, agentic-AI adoption, and potential upside from the MI450 launch, with some analysts citing price targets near $600. Piper Sandler AMD Rating
Positive Sentiment: TSMC reported August revenue growth of 53.3% year over year and 10.1% sequentially, signaling that hyperscaler and enterprise demand for advanced AI chips remains strong. This supports AMD’s data-center growth outlook, despite potential manufacturing and packaging-cost pressures. TSMC August Revenue
Positive Sentiment: Reported institutional options activity included purchases of AMD positions, adding to favorable trading momentum, though options flows are speculative and do not necessarily indicate long-term fundamentals. AMD Options Flow
Neutral Sentiment: Analysts continue comparing AMD favorably with Qualcomm, Marvell, and Nvidia because of its CPU and GPU exposure, but these comparisons underscore that AMD must execute successfully against stronger AI incumbents.
Negative Sentiment: One Seeking Alpha analysis downgraded AMD, arguing that the long-term bull case remains intact but that much of the easier upside is already reflected in the share price. AMD’s high earnings multiple leaves the stock vulnerable to execution, margin, or demand disappointments. AMD Rating Downgrade
Negative Sentiment: Broadcom’s growing custom-AI-chip business remains a competitive threat, particularly as hyperscalers develop alternatives to merchant GPUs. TSMC’s strong results also highlighted rising costs for fabrication, memory, and advanced packaging that could pressure AMD’s margins.

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 semiconductor company that designs high-performance computing, graphics and adaptive-processing products. Its portfolio includes central processing units (CPUs), graphics processing units (GPUs), accelerated processing units (APUs), field-programmable gate arrays (FPGAs) and adaptive system-on-chip products.

AMD serves customers across data centers, cloud computing, personal computers, gaming consoles, embedded systems and industrial applications.