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
AMD stock traded down $12.72 during mid-day trading on Wednesday, hitting $462.79. The stock had a trading volume of 7,365,987 shares, compared to its average volume of 38,174,203. Advanced Micro Devices, Inc. has a 52 week low of $115.06 and a 52 week high of $546.44. The firm has a market capitalization of $754.62 billion, a P/E ratio of 151.61, a P/E/G ratio of 1.44 and a beta of 2.50. 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 firm has a fifty day simple moving average of $369.56 and a 200 day simple moving average of $268.77.
Insider Buying and Selling
In related news, EVP Mark D. Papermaster sold 31,320 shares of the company’s stock in a transaction on Friday, April 24th. The shares were sold at an average price of $350.00, for a total transaction of $10,962,000.00. Following the completion of the sale, the executive vice president directly owned 1,236,037 shares in the company, valued at $432,612,950. This represents a 2.47% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Forrest Eugene Norrod sold 19,487 shares of the business’s stock in a transaction dated Wednesday, May 20th. The shares were sold at an average price of $431.40, for a total transaction of $8,406,691.80. Following the completion of the transaction, the executive vice president owned 324,527 shares in the company, valued at $140,000,947.80. The trade was a 5.66% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 332,032 shares of company stock valued at $117,967,816 over the last quarter. Company insiders own 0.50% of the company’s stock.
Institutional Trading of Advanced Micro Devices
Several institutional investors and hedge funds have recently bought and sold shares of AMD. Brighton Jones LLC increased its stake in Advanced Micro Devices by 178.2% in the 4th quarter. Brighton Jones LLC now owns 45,956 shares of the semiconductor manufacturer’s stock worth $5,551,000 after acquiring an additional 29,438 shares during the last quarter. Revolve Wealth Partners LLC lifted its stake in Advanced Micro Devices by 2.9% during the fourth quarter. Revolve Wealth Partners LLC now owns 8,283 shares of the semiconductor manufacturer’s stock worth $1,001,000 after purchasing an additional 234 shares during the last quarter. Sivia Capital Partners LLC boosted its holdings in Advanced Micro Devices by 125.1% during the 2nd quarter. Sivia Capital Partners LLC now owns 5,344 shares of the semiconductor manufacturer’s stock valued at $758,000 after acquiring an additional 2,970 shares during the period. United Bank grew its position in Advanced Micro Devices by 22.0% during the 2nd quarter. United Bank now owns 13,255 shares of the semiconductor manufacturer’s stock worth $1,881,000 after acquiring an additional 2,392 shares during the last quarter. Finally, Schnieders Capital Management LLC. boosted its stake in shares of Advanced Micro Devices by 361.0% during the second quarter. Schnieders Capital Management LLC. now owns 9,230 shares of the semiconductor manufacturer’s stock valued at $1,310,000 after purchasing an additional 7,228 shares during the period. 71.34% of the stock is currently owned by hedge funds and other institutional investors.
Advanced Micro Devices News Summary
Here are the key news stories impacting Advanced Micro Devices this week:
- Positive Sentiment: AMD continues to get support from its AI growth story, with multiple recent pieces highlighting strong data center demand, record revenue, and rising adoption of its EPYC and Instinct products. AMD Rides on Strong AI Infrastructure Growth: More Upside Ahead?
- Positive Sentiment: Several analysts remain upbeat, including Mizuho raising its price target and reiterating an Outperform rating, suggesting Wall Street still sees meaningful upside if AI infrastructure spending stays strong. Mizuho Raises AMD Target, Citing Continued AI Infrastructure Growth
- Positive Sentiment: AMD also received a boost from news that it is committing up to £2 billion to AI, supercomputing, and nuclear fusion projects in the U.K., reinforcing its strategic push into next-generation compute. AMD commits £2bn investment in UK AI, supercomputers and nuclear fusion
- Neutral Sentiment: TSMC’s strong monthly sales showed AI chip demand is still healthy at the industry level, which supports the long-term AMD narrative, but it did not offset the current market rotation away from semiconductor stocks. TSMC’s Monthly Sales Rise 30% Thanks to Sustained AI Chip Demand
- Negative Sentiment: AMD is falling along with the rest of the AI-chip complex as investors unwind crowded trades and momentum names, putting pressure on the stock despite solid fundamentals. Why AI Chip Stocks NVDA, MU, AMD, INTC Are Falling Today — June 10, 2026
- Negative Sentiment: Market commentary also cited broader tech weakness and a Nasdaq selloff, with AMD singled out among the biggest drags as sentiment toward semiconductor leaders worsened. Super Micro, AMD, Intel, Oracle, and More Stocks That Explain Today’s Market
- Negative Sentiment: Some bearish takes are also resurfacing, including concerns about valuation, inventory, and whether AMD has run too far too fast after its recent surge. AMD: Inventory Doesn’t Lie And Says Downgrade
Analyst Ratings Changes
AMD has been the topic of a number of recent analyst reports. BTIG Research upgraded Advanced Micro Devices to a “buy” rating in a report on Wednesday, May 6th. Weiss Ratings raised shares of Advanced Micro Devices from a “hold (c)” rating to a “hold (c+)” rating in a report on Wednesday, May 6th. Barclays raised their price objective on shares of Advanced Micro Devices from $500.00 to $665.00 and gave the stock an “overweight” rating in a report on Monday, June 1st. Wedbush increased their target price on shares of Advanced Micro Devices from $290.00 to $400.00 and gave the company an “outperform” rating in a research report on Monday, May 4th. Finally, Piper Sandler restated an “overweight” rating on shares of Advanced Micro Devices in a research note on Wednesday, February 25th. One analyst has rated the stock with a Strong Buy rating, thirty have issued a Buy rating and thirteen have issued a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $419.86.
Read Our Latest Research Report on Advanced Micro Devices
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
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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