LGN (NASDAQ:LGN) Stock Acquired Rep. Gilbert Ray Cisneros, Jr.

Key Points

• Rep. Gilbert Ray Cisneros, Jr. disclosed a purchase of between $1,001 and $15,000 in LGN (NASDAQ:LGN) shares on March 3 through his "150 MAIN STREET TRUST > BANK OF AMERICA" account.
• LGN shares rose about 3.6% to $59.83 on heavy volume after the company reported Q1 EPS of ($0.55) (missing estimates) while revenue grew 34.5% year-over-year to $737.6 million.
• Analysts are generally bullish—seven Buy, two Hold and one Sell rating—with an average price target of $62.25 and multiple firms recently raising targets into the $60s.

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of LGN (NASDAQ:LGN). In a filing disclosed on April 07th, the Representative disclosed that they had bought between $1,001 and $15,000 in LGN stock on March 3rd. 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.

LGN Stock Up 3.6%

NASDAQ:LGN traded up $2.09 during midday trading on Thursday, reaching $59.83. The stock had a trading volume of 2,262,805 shares, compared to its average volume of 1,289,701. The company has a current ratio of 1.57, a quick ratio of 1.57 and a debt-to-equity ratio of 0.98. The stock has a market cap of $6.46 billion and a PE ratio of -5,983.00. The business's fifty day simple moving average is $52.35. LGN has a 12-month low of $26.96 and a 12-month high of $60.60.

LGN (NASDAQ:LGN - Get Free Report) last released its earnings results on Friday, March 27th. The company reported ($0.55) EPS for the quarter, missing the consensus estimate of $0.05 by ($0.60). The firm had revenue of $737.64 million for the quarter, compared to the consensus estimate of $616.05 million. The firm's revenue was up 34.5% on a year-over-year basis.

Wall Street Analyst Weigh In

LGN has been the topic of a number of analyst reports. BMO Capital Markets lifted their price objective on LGN from $46.00 to $63.00 and gave the company an "outperform" rating in a report on Monday, March 30th. Stifel Nicolaus upped their price objective on LGN from $58.00 to $60.00 and gave the stock a "buy" rating in a report on Tuesday, March 31st. Tigress Financial reissued a "buy" rating and issued a $60.00 target price on shares of LGN in a report on Friday, March 27th. Royal Bank Of Canada boosted their target price on shares of LGN from $48.00 to $64.00 and gave the stock an "outperform" rating in a research report on Monday, March 30th. Finally, BTIG Research increased their price target on shares of LGN from $45.00 to $75.00 and gave the company a "buy" rating in a report on Friday, March 27th. Seven equities research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $62.25.

Hedge Funds Weigh In On LGN

Hedge funds have recently bought and sold shares of the company. Assetmark Inc. acquired a new position in LGN during the fourth quarter worth $31,000. Aster Capital Management DIFC Ltd acquired a new stake in LGN in the fourth quarter valued at $64,000. Kestra Advisory Services LLC purchased a new position in shares of LGN in the fourth quarter valued at $91,000. Clearstead Advisors LLC purchased a new position in shares of LGN in the fourth quarter valued at $140,000. Finally, Comerica Bank acquired a new position in shares of LGN during the 4th quarter worth $192,000.

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.

LGN Company Profile

Legence Corp. is a provider of engineering, consulting, installation and maintenance services for mission-critical systems in buildings. The company specializes in designing, fabricating and installing complex HVAC, process piping and other mechanical, electrical and plumbing systems. Legence Corp. is based in SAN JOSE, Calif.

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