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

Key Points

• Rep. Gilbert Cisneros sold between $1,001 and $15,000 of AMD shares on August 18, according to a filing disclosed September 10.
• AMD reported quarterly earnings of $1.66 per share versus the $1.62 consensus estimate, while revenue rose 50.1% year over year to $11.54 billion.
• AMD insiders have sold 107,577 shares worth roughly $51.9 million over the past three months. Analysts remain broadly positive, with a “Moderate Buy” consensus rating and an average price target of $565.12, though the stock’s high valuation and competitive risks remain concerns.

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 Price Performance

Shares of AMD opened at $516.13 on Friday. The firm has a market capitalization of $842.57 billion, a price-to-earnings ratio of 132.68, a PEG ratio of 5.21 and a beta of 2.48. The firm's fifty day simple moving average is $495.75 and its 200-day simple moving average is $403.83. Advanced Micro Devices, Inc. has a twelve month low of $149.85 and a twelve month high of $584.73. The company has a current ratio of 2.61, a quick ratio of 1.91 and a debt-to-equity ratio of 0.03.

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

Insiders Place Their Bets

In other Advanced Micro Devices news, EVP Forrest Norrod sold 17,261 shares of the business's stock in a transaction on Monday, August 24th. The stock was sold at an average price of $459.95, for a total transaction of $7,939,196.95. Following the sale, the executive vice president directly owned 373,317 shares in the company, valued at approximately $171,707,154.15. The trade was a 4.42% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Jean X. Hu sold 15,000 shares of the company's stock in a transaction on Tuesday, August 25th. The shares were sold at an average price of $474.08, for a total value of $7,111,200.00. Following the completion of the sale, the executive vice president directly owned 160,979 shares in the company, valued at $76,316,924.32. This trade represents a 8.52% 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. Over the last three months, insiders have sold 107,577 shares of company stock worth $51,922,920. Insiders own 0.50% of the company's stock.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. JNBA Financial Advisors boosted its stake in shares of Advanced Micro Devices by 142.9% in the second quarter. JNBA Financial Advisors now owns 51 shares of the semiconductor manufacturer's stock valued at $30,000 after buying an additional 30 shares in the last quarter. Bullseye Investment Management LLC acquired a new stake in Advanced Micro Devices in the second quarter valued at $44,000. Luminist Capital LLC acquired a new stake in Advanced Micro Devices in the second quarter valued at $46,000. BOK Financial Private Wealth Inc. purchased a new stake in shares of Advanced Micro Devices during the 2nd quarter worth $53,000. Finally, Toews Corp ADV acquired a new position in shares of Advanced Micro Devices during the 2nd quarter worth $66,000. 71.34% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts recently commented on the stock. Susquehanna increased their target price on shares of Advanced Micro Devices from $450.00 to $500.00 and gave the company a "positive" rating in a research report on Thursday, July 30th. Royal Bank Of Canada reissued a "sector perform" rating and issued a $540.00 price target on shares of Advanced Micro Devices in a research report on Wednesday, August 5th. Wedbush restated an "outperform" rating and issued a $600.00 price objective on shares of Advanced Micro Devices in a research note on Wednesday, August 5th. Evercore reaffirmed an "outperform" rating and set a $579.00 price objective on shares of Advanced Micro Devices in a report on Tuesday, May 19th. Finally, Barclays cut Advanced Micro Devices from an "overweight" rating to an "underweight" rating in a research report on Friday, June 12th. Four 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. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $565.12.

Key Stories Impacting Advanced Micro Devices

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.

About Advanced Micro Devices

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.

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