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

Key Points

• Rep. Gilbert Ray Cisneros, Jr. disclosed he sold between $1,001 and $15,000 of Advanced Micro Devices (NASDAQ:AMD) stock on March 13 in his "150 MAIN STREET TRUST > BANK OF AMERICA" account (filing disclosed April 7).
• On March 27 Cisneros reported a series of other trades — including purchases (e.g., Fabrinet $15,001–$50,000, LPL Financial, DoorDash) and sales (e.g., Charles Schwab, MACOM, Flex) — indicating a diversified portfolio rebalancing.
• AMD recently beat earnings expectations (Q: $1.53 EPS vs. $1.32 est., revenue +34.1% YoY), trades around $234, and carries a MarketBeat consensus of "Moderate Buy" with an average target near $290.19.

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of Advanced Micro Devices, Inc. (NASDAQ:AMD). In a filing disclosed on April 07th, the Representative disclosed that they had sold between $1,001 and $15,000 in Advanced Micro Devices stock on March 13th. 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 MACOM Technology Solutions NASDAQ: MTSI on 3/27/2026.
• Purchased $1,001 - $15,000 in shares of StandardAero NYSE: SARO on 3/27/2026.
• Purchased $1,001 - $15,000 in shares of FirstService NASDAQ: FSV on 3/27/2026.
• Sold $1,001 - $15,000 in shares of Charles Schwab NYSE: SCHW on 3/27/2026.
• Sold $1,001 - $15,000 in shares of Advanced Energy Industries NASDAQ: AEIS on 3/27/2026.
• Sold $1,001 - $15,000 in shares of Flex NASDAQ: FLEX on 3/27/2026.
• Purchased $1,001 - $15,000 in shares of LPL Financial NASDAQ: LPLA on 3/27/2026.
• Purchased $1,001 - $15,000 in shares of DoorDash NASDAQ: DASH on 3/27/2026.
• Sold $1,001 - $15,000 in shares of Viavi Solutions NASDAQ: VIAV on 3/27/2026.
• Purchased $15,001 - $50,000 in shares of Fabrinet NYSE: FN on 3/27/2026.

Advanced Micro Devices Stock Performance

Shares of NASDAQ AMD traded up $2.38 during mid-day trading on Thursday, hitting $234.20. The stock had a trading volume of 8,811,202 shares, compared to its average volume of 37,471,488. The company has a debt-to-equity ratio of 0.04, a quick ratio of 2.01 and a current ratio of 2.85. The company has a 50 day moving average of $208.21 and a two-hundred day moving average of $216.26. Advanced Micro Devices, Inc. has a twelve month low of $83.75 and a twelve month high of $267.08. The firm has a market cap of $381.83 billion, a PE ratio of 88.51, a PEG ratio of 0.82 and a beta of 1.96.

Advanced Micro Devices (NASDAQ:AMD - Get Free Report) last released its earnings results on Tuesday, February 3rd. The semiconductor manufacturer reported $1.53 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.32 by $0.21. Advanced Micro Devices had a return on equity of 8.84% and a net margin of 12.52%.The firm had revenue of $10.27 billion for the quarter, compared to the consensus estimate of $9.65 billion. During the same period in the prior year, the firm earned $1.09 EPS. The firm's revenue was up 34.1% on a year-over-year basis. Research analysts predict that Advanced Micro Devices, Inc. will post 3.87 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on the company. Mizuho upped their target price on Advanced Micro Devices from $275.00 to $280.00 and gave the company an "outperform" rating in a research report on Wednesday, February 25th. Piper Sandler reissued an "overweight" rating on shares of Advanced Micro Devices in a research report on Wednesday, February 25th. Sanford C. Bernstein set a $235.00 target price on Advanced Micro Devices in a research report on Wednesday, February 4th. Phillip Securities raised Advanced Micro Devices from a "moderate buy" rating to a "strong-buy" rating in a research report on Sunday, February 8th. Finally, Morgan Stanley cut their price target on Advanced Micro Devices from $260.00 to $255.00 and set an "equal weight" rating on the stock in a research report on Wednesday, February 4th. One investment analyst has rated the stock with a Strong Buy rating, thirty have given a Buy rating and nine have given a Hold rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus target price of $290.19.

Institutional Investors Weigh In On Advanced Micro Devices

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. HHM Wealth Advisors LLC boosted its stake in shares of Advanced Micro Devices by 2.4% during the 3rd quarter. HHM Wealth Advisors LLC now owns 1,742 shares of the semiconductor manufacturer's stock worth $282,000 after acquiring an additional 40 shares in the last quarter. James J. Burns & Company LLC boosted its stake in shares of Advanced Micro Devices by 2.3% during the 4th quarter. James J. Burns & Company LLC now owns 1,816 shares of the semiconductor manufacturer's stock worth $389,000 after acquiring an additional 40 shares in the last quarter. HBK Sorce Advisory LLC boosted its stake in shares of Advanced Micro Devices by 0.3% during the 3rd quarter. HBK Sorce Advisory LLC now owns 13,404 shares of the semiconductor manufacturer's stock worth $2,169,000 after acquiring an additional 43 shares in the last quarter. Wilmington Savings Fund Society FSB boosted its stake in shares of Advanced Micro Devices by 0.5% during the 3rd quarter. Wilmington Savings Fund Society FSB now owns 8,706 shares of the semiconductor manufacturer's stock worth $1,409,000 after acquiring an additional 43 shares in the last quarter. Finally, Cassaday & Co Wealth Management LLC boosted its stake in shares of Advanced Micro Devices by 0.9% during the 4th quarter. Cassaday & Co Wealth Management LLC now owns 4,912 shares of the semiconductor manufacturer's stock worth $1,052,000 after acquiring an additional 43 shares in the last quarter. 71.34% of the stock is owned by institutional investors and hedge funds.

Trending Headlines about Advanced Micro Devices

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

• Positive Sentiment: Analyst support: Multiple bullish notes and upgrades (Wells Fargo, Evercore, Mizuho and others) have reinforced investor conviction that AMD will capture meaningful AI/data‑center share, helping buying momentum. Why Is AMD Stock Up Today 4/8/26?
• Positive Sentiment: AI and megadeal narrative: Coverage pointing to “agentic AI” demand and gigawatt-scale data‑center deals supports expectations for accelerating data‑center revenue growth and has boosted momentum metrics. AMD's Stock Momentum Climbs As 'Agentic AI' And Gigawatt Megadeals Fuel Surge
• Positive Sentiment: Industry validation: strong server/memory demand reported by supply‑chain players (Foxconn, others) supports the hardware cycle thesis that benefits AMD. Apple’s Silent Partner Just Validated the Hardware Boom (AMD)
• Positive Sentiment: Institutional buying: recent fund filings show additions (e.g., Eastern Bank), which can prop up momentum into earnings. Read More.
• Neutral Sentiment: Near‑term catalyst: AMD set its fiscal Q1 2026 earnings release for May 5 (post‑market) — a likely volatility point where guidance/metrics will matter more than headlines. AMD to Report Fiscal First Quarter 2026 Financial Results
• Neutral Sentiment: Mixed analyst signals: while many boutiques keep high targets, Citi trimmed its target to $248 — creating a range of expectations that could widen intraday moves. Citigroup Lowers Price Target
• Negative Sentiment: Notable selling: high‑profile exits (reported Cathie Wood sale) and continued insider dispositions (Mark Papermaster’s 3,293‑share sale under a 10b5‑1 plan) generate headlines that can pressure sentiment even if some sales are pre‑planned. Cathie Wood Sold AMD Papermaster 10b5‑1 Filing
• Negative Sentiment: Structural risk: analysis noting hyperscalers’ shift to custom Arm silicon over time poses a longer‑term threat to x86-based CPU demand and could cap valuation upside if adoption accelerates. Hyperscalers Shift To Arm Chips

Insider Buying and Selling at Advanced Micro Devices

In other news, SVP Ava Hahn sold 2,442 shares of the stock in a transaction dated Friday, January 16th. The shares were sold at an average price of $234.42, for a total transaction of $572,453.64. Following the sale, the senior vice president directly owned 16,359 shares of the company's stock, valued at $3,834,876.78. This represents a 12.99% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Paul Darren Grasby sold 7,500 shares of the stock in a transaction dated Wednesday, March 11th. The stock was sold at an average price of $204.87, for a total transaction of $1,536,525.00. Following the sale, the executive vice president directly owned 129,598 shares in the company, valued at approximately $26,550,742.26. The trade was a 5.47% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders sold 242,685 shares of company stock worth $50,757,308. 0.06% of the stock is currently owned by company insiders.

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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