Rep. Gilbert Ray Cisneros Jr. (D-CA) Buys AMD Stock
The Congressman made a purchase amidst a busy trading day.
Reviewed by automated data checks against the source filing. How we make and check alerts
Rep. Gilbert Ray Cisneros Jr. (D-CA) bought between $1,001 and $15,000 of Advanced Micro Devices, Inc. ($AMD) stock on June 5, 2026. The trade was disclosed in a STOCK Act periodic transaction report filed July 2, 2026.
Since the trade, $AMD is up 9.7% after 1 week, up 18.4% after 1 month and up 13.4% to date (from the $466.38 close on Jun 5, 2026).
Financial Disclosure Report
Clerk of the House of Representatives • Legislative Resource Center • B81 Cannon Building • Washington, DC 20515
Filer Information
- Name:
- Rep. Gilbert Ray Cisneros Jr. (D)
- Status:
- Member — House
- Party:
- Democrat
Filing Information
- Filing Type:
- Periodic Transaction Report
- Filing Year:
- 2026
- Filing Date:
- Jul 2, 2026
Schedule B: Transactions
| Asset | Transaction | Date | Amount |
|---|---|---|---|
| Advanced Micro Devices, Inc. ($AMD) | Buy | Jun 5, 2026 | $1,001 - $15,000 |
Summary of the filed report, not the original document. Find the original: House financial disclosure search
Key Points
- On June 5, 2026, Rep. Gilbert Ray Cisneros Jr. bought shares of Advanced Micro Devices, Inc., valued between $1,001 and $15,000.
- As of July 2, 2026, AMD shares were trading at $534.80, showing a significant change from the previous close of $570.82.
- AMD has a market cap of approximately $917.8 billion and is highly rated by analysts, with a consensus recommendation of 'strong buy'.
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Not investment advice. EarningsIQ is not a registered investment adviser, and this automated Advanced Micro Devices, Inc. alert may contain errors. Disclosures
Rep. Gilbert Ray Cisneros Jr., a Democrat in the House from California's 31st district, bought shares of Advanced Micro Devices, Inc. (AMD) on June 5, 2026. The transaction was valued between $1,001 and $15,000. This purchase was disclosed on July 2, 2026.
Gilbert Ray Cisneros Jr. vs. the S&P 500
Hypothetical returns from Gilbert Ray Cisneros Jr.'s disclosed trades, not real profit or advice. How we model this.
Inside Gilbert Ray Cisneros Jr.'s Trade
Cisneros's buy comes as AMD shares were trading at $534.80 on the day of the purchase. The Congressman made this move while the stock was experiencing fluctuations, closing at $570.82 just before the trade.
Other Institutional Activity in AMD
Several institutional investors have been active with AMD recently. Blackrock Inc. increased its holdings by 4,731,040 shares, bringing its total to 150,301,510 shares valued at about $80.1 billion. Vanguard Capital Management LLC added 561,475 shares, ending with 106,500,177 shares worth approximately $56.8 billion. Invesco Ltd. also grew its stake by 2,728,927 shares, totaling 53,171,203 shares valued at around $28.4 billion. Meanwhile, State Street Corporation reduced its holdings by 411,251 shares, ending with 74,361,687 shares valued at about $39.6 billion. JPMorgan Chase & Co. significantly increased its position by 16,060,161 shares, reaching 40,309,233 shares worth around $21.5 billion.
Advanced Micro Devices, Inc. Stock Down 6.3%
AMD shares are currently priced at $534.80, which is below its 52-week high of $658.52. The stock has seen considerable volatility, trading well above its 200-day moving average of $392.68. Investors are watching closely as the company continues to perform strongly in the semiconductor sector.
Recent Earnings
AMD reported revenue of approximately $41.3 billion, reflecting a growth rate of 50.1%. The company has an earnings per share (EPS) of $3.92 and a net margin of 15.6%. The next earnings report is set for November 3, 2026.
Earnings drift grade
Outlook vs expectations on the last report — not price action.
-
Forward outlook
21 analysts raised price targets.
-
EPS & revenue
EPS beat estimates by 4.8%. Revenue beat estimates by 2.6%.
-
Profit surprise
EBITDA missed by 4 percent. Operating income missed by 32 percent.
-
Pre-earnings setup
Expectations were about average.
-
Analyst signal
3 upgrades, 2 downgrades, 21 target raises.
-
Earnings quality
Gross margin up 2.6 points. Operating margin up 3.6 points. Positive free cash flow.
Earnings Call Summary
AMD reported outstanding first quarter results with $10.3 billion in revenue, up 38 percent year over year. Data center revenue surged 57 percent driven by strong demand for EPYC server CPUs and Instinct GPUs. Management emphasized that Agentic AI and inference workloads are driving substantially higher CPU demand than expected, requiring more compute than prior models. Free cash flow nearly tripled to $2.6 billion, and operating margin expanded to 25 percent, showing strong operational leverage as the business scales into AI infrastructure.
Guidance AMD guided next quarter revenue to about $11.2 billion, up 46 percent year over year. Management raised full year data center CPU growth forecast to over 70 percent, driven by strong Agentic AI demand. They also raised the long-term server CPU market size forecast to over $120 billion by 2030, from $60 billion announced in November.
Slightly positive report. The quarter was acceptable, but the forward setup is not strong.
Insider Buying and Selling at Advanced Micro Devices, Inc.
Recent insider trading has seen Officer Forrest Eugene Norrod selling 17,261 shares on September 15, 2026, valued at about $8.7 million. CEO Lisa Su sold 95,000 shares on September 10, 2026, totaling around $48.1 million. CFO Jean Hu sold 15,000 shares on August 25, 2026, worth about $7.1 million.
Analysts Set New Price Targets
Analysts remain optimistic about AMD's future. On October 6, 2026, Citigroup maintained a 'Buy' rating with a price target of $800, up from $575. Mizuho also kept an 'Outperform' rating with a target of $705, increased from $580. Stifel reiterated its 'Buy' rating with a target of $700, up from $635. The consensus recommendation among 50 analysts is a 'strong buy' with a mean price target of $636.21.
About Advanced Micro Devices, Inc.
Advanced Micro Devices, Inc. is a global semiconductor company based in Santa Clara, California. It operates in three segments: Data Center, Client and Gaming, and Embedded. The company has around 31,000 employees and is a key player in the technology sector.
Bottom Line
Looking ahead, investors will be keen to see how AMD performs in its upcoming earnings report on November 3, 2026. The recent 13F filing indicates that Cisneros's purchase reflects his interest in the company's potential, though it is important to remember that this is a backward-looking disclosure.
Source: Gilbert Ray Cisneros Jr.'s STOCK Act disclosure on $AMD (Jun 5, 2026). Find the original filing: House financial disclosure search. Written by software, not financial advice. How we make alerts
