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 opened at $477.57 on Tuesday. The company has a market cap of $779.62 billion, a price-to-earnings ratio of 122.77, a PEG ratio of 4.95 and a beta of 2.48. Advanced Micro Devices, Inc. has a fifty-two week low of $149.22 and a fifty-two week high of $584.73. The company has a debt-to-equity ratio of 0.03, a quick ratio of 1.91 and a current ratio of 2.61. The stock has a fifty day moving average price of $497.96 and a 200-day moving average price of $396.52.
Wall Street Analyst Weigh In
A number of equities research analysts have issued reports on AMD shares. Argus increased their price objective on shares of Advanced Micro Devices from $450.00 to $625.00 and gave the stock a “buy” rating in a research note on Thursday, August 6th. Sanford C. Bernstein reiterated an “outperform” rating and set a $650.00 price target on shares of Advanced Micro Devices in a research report on Wednesday, August 5th. Citigroup raised shares of Advanced Micro Devices from a “market perform” rating to a “buy” rating in a research note on Wednesday, July 22nd. JPMorgan Chase & Co. upped their target price on Advanced Micro Devices from $385.00 to $550.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 5th. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Advanced Micro Devices in a report on Monday, August 3rd. Three 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 issued a Sell rating to the company. According to data from MarketBeat.com, Advanced Micro Devices has a consensus rating of “Moderate Buy” and an average target price of $553.72.
Get Our Latest Stock Report on AMD
Institutional Inflows and Outflows
A number of large investors have recently modified their holdings of the company. Sarver Vrooman Wealth Advisors acquired a new stake in shares of Advanced Micro Devices during the fourth quarter valued at about $27,000. Cornerstone Financial Management LLC acquired a new position in shares of Advanced Micro Devices in the fourth quarter valued at approximately $27,000. Basepoint Wealth LLC bought a new position in Advanced Micro Devices in the 4th quarter valued at approximately $30,000. JNBA Financial Advisors raised its holdings in Advanced Micro Devices by 142.9% in the 2nd quarter. JNBA Financial Advisors now owns 51 shares of the semiconductor manufacturer’s stock valued at $30,000 after buying an additional 30 shares during the last quarter. Finally, Graney & King LLC acquired a new stake in Advanced Micro Devices during the 1st quarter worth approximately $31,000. 71.34% of the stock is currently owned by institutional investors.
Key Stories Impacting Advanced Micro Devices
Here are the key news stories impacting Advanced Micro Devices this week:
- Positive Sentiment: AMD shares recently jumped after the company unveiled a planned AI workstation priced above $100,000 for 2027. The announcement reinforces the company’s effort to expand beyond traditional PC and gaming chips into high-performance AI systems. AMD Stock Jumps After Unveiling $100,000-Plus AI Workstation for 2027
- Positive Sentiment: Analysts and commentators remain optimistic about AMD’s data-center opportunity. One forecast suggests the segment could exceed 70% of company revenue in 2027, supported by strong recent growth and the future Helios platform ramp. Prediction: Data Center Passes 70% of AMD’s Revenue in 2027
- Positive Sentiment: Several reports argue that AMD’s AI growth could be undervalued, citing its alternative approach to the AI-chip market and potential for significant long-term appreciation. A machine-learning model also projects modest consolidation followed by a slight rise by September 30, though such forecasts are speculative. AMD Is Behind the AI Chip Shift Nobody Is Talking About Machine Learning Algorithm Sets AMD Stock Price
- Neutral Sentiment: Seasonal September weakness across major U.S. indexes could create volatility for AI-chip stocks, but recent September performance among the group has been mixed rather than uniformly negative. What the September Effect Really Means for AI Chip Stocks
- Negative Sentiment: Valuation is a major concern: commentary notes that AMD trades at a higher multiple than Nvidia and Broadcom despite substantial execution already being reflected in the share price. The company also faces risks from Broadcom’s efforts to secure hyperscaler AI customers and from the possibility that AMD’s rapid growth eventually peaks. AMD Is Now More Expensive Than Nvidia and Broadcom AMD’s Whole AI Story Has One Threat It Cannot Ignore
Insider Buying and Selling at Advanced Micro Devices
In other news, EVP Forrest Norrod sold 17,261 shares of the firm’s stock in a transaction on Monday, August 24th. The shares were sold at an average price of $459.95, for a total transaction of $7,939,196.95. Following the completion of the transaction, the executive vice president owned 373,317 shares of the company’s stock, valued at approximately $171,707,154.15. This trade represents a 4.42% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Mark D. Papermaster sold 28,811 shares of Advanced Micro Devices stock in a transaction on Thursday, August 20th. The stock was sold at an average price of $471.87, for a total transaction of $13,595,046.57. Following the transaction, the executive vice president owned 1,261,461 shares in the company, valued at approximately $595,245,602.07. This trade represents a 2.23% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 232,577 shares of company stock worth $109,509,170 over the last quarter. 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
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.
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