Rep. Gilbert Cisneros (D-CA) Buys AMD Stock
Democratic House member Gilbert Cisneros disclosed a stock purchase in AMD valued between $1,001 and $15,000.
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Rep. Gilbert Cisneros (D-CA) bought between $1,001 and $15,000 of Advanced Micro Devices, Inc. ($AMD) stock on May 15, 2026. The trade was disclosed in a STOCK Act periodic transaction report filed June 9, 2026.
Since the trade, $AMD is up 10.2% after 1 week, up 29.0% after 1 month and up 24.7% to date (from the $424.10 close on May 15, 2026).
Financial Disclosure Report
Clerk of the House of Representatives • Legislative Resource Center • B81 Cannon Building • Washington, DC 20515
Filer Information
- Name:
- Rep. Gilbert Cisneros (D-CA)
- Status:
- Member — House
- State/District:
- CA-31
- Party:
- democrat
Filing Information
- Filing Type:
- Periodic Transaction Report
- Filing Year:
- 2026
- Filing Date:
- Jun 9, 2026
Schedule B: Transactions
| Asset | Transaction | Date | Amount |
|---|---|---|---|
| Advanced Micro Devices, Inc. ($AMD) | Buy | May 15, 2026 | $1,001 - $15,000 |
Summary of the filed report, not the original document. Find the original: House financial disclosure search
AMD
Advanced Micro Devices, Inc.
Key Points
- On May 15, 2026, Gilbert Cisneros bought shares of Advanced Micro Devices, Inc. valued between $1,001 and $15,000 as reported on June 9, 2026.
- AMD shares closed at $570.82 prior to the purchase, and the stock has a target mean price of $636.21 from analysts, reflecting positive sentiment.
- Analysts maintain a strong outlook, with firms like Citigroup and Stifel rating the stock as 'Buy' with targets of $800.00 and $700.00 respectively.
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Gilbert Cisneros Makes a Move on AMD Shares
On May 15, 2026, Gilbert Cisneros, a Democratic member of the House from California's 31st district, bought shares of Advanced Micro Devices, Inc. (AMD) valued between $1,001 and $15,000. This transaction was disclosed a few weeks later on June 9, 2026. AMD is known for its role in the semiconductor industry, focusing on products like microprocessors and graphics processing units (GPUs).
Gilbert Cisneros vs. the S&P 500
Hypothetical returns from Gilbert Cisneros's disclosed trades, not real profit or advice. How we model this.
What This Purchase Means
Cisneros's purchase comes as AMD continues to attract attention from investors and analysts alike. Although the specific number of shares he bought wasn't disclosed, the purchase reflects a growing interest in the tech sector, particularly in companies that are at the forefront of AI and gaming technologies. The stock was priced at $570.82 prior to his buy, indicating a strategic entry point for the member.
Institutional Support for AMD
Recent activity by major investors shows strong confidence in AMD. For example, First Citizens Bank & Trust significantly increased its stake by over 207%, while Kmg Fiduciary Partners reduced its position by 11.9%. These moves suggest a dynamic market around AMD, with institutions adjusting their strategies in response to the company's performance and outlook.
Stock Performance and Analyst Sentiment
AMD's stock is trading at $521.58 as of the latest publication. It is currently hovering below its 52-week high of $658.52, which it reached earlier in the year. Analysts remain bullish, with a consensus mean price target of $636.21 based on 50 opinions. The stock's performance will be key to watch as it prepares for its next earnings report scheduled for November 3, 2026.
Analysts Set New Price Targets
On October 6, 2026, Citigroup maintained its 'Buy' rating on AMD with a target of $800.00, raising its previous target of $575.00. Other firms, like Stifel, also kept a 'Buy' rating while adjusting their targets higher, indicating a strong belief in the company's future growth. This positive sentiment across multiple analysts suggests a favorable outlook for AMD as it navigates the semiconductor market.
What Advanced Micro Devices, Inc. Does
Advanced Micro Devices, Inc. operates as a semiconductor company with a diverse product lineup, including data center processors and GPUs. The company's innovative technologies are crucial for various applications, from gaming to artificial intelligence, making it a vital player in the technology landscape.
What's Ahead for Advanced Micro Devices, Inc.
As AMD gears up for its next earnings report on November 3, 2026, investors will be keen to see how the company performs amid changing market conditions and ongoing developments in the tech industry. Gilbert Cisneros's recent purchase reflects a broader interest in AMD, which is well-positioned for future growth in the semiconductor sector. Remember, the 13F filings reflect positions as of the reporting period and may not represent current holdings.
Related Filing Alerts
Source: Gilbert Cisneros's STOCK Act disclosure on $AMD (May 15, 2026). Find the original filing: House financial disclosure search. Written by software, not financial advice. How we make alerts