Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of LPL Financial Holdings Inc. (NASDAQ:LPLA). In a filing disclosed on April 07th, the Representative disclosed that they had bought between $1,001 and $15,000 in LPL Financial stock on March 27th. 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 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.
- Purchased $1,001 - $15,000 in shares of Corning NYSE: GLW on 3/25/2026.
LPL Financial Trading Up 4.5%
LPLA stock opened at $310.79 on Thursday. The company has a market cap of $24.92 billion, a P/E ratio of 28.23, a PEG ratio of 0.78 and a beta of 0.56. LPL Financial Holdings Inc. has a twelve month low of $266.62 and a twelve month high of $403.58. The company has a quick ratio of 2.45, a current ratio of 2.45 and a debt-to-equity ratio of 1.36. The business has a fifty day moving average of $319.31 and a 200-day moving average of $342.95.
LPL Financial (NASDAQ:LPLA - Get Free Report) last released its earnings results on Thursday, January 29th. The financial services provider reported $5.23 earnings per share for the quarter, topping analysts' consensus estimates of $4.82 by $0.41. The company had revenue of $4.93 billion during the quarter, compared to the consensus estimate of $4.90 billion. LPL Financial had a return on equity of 34.19% and a net margin of 5.08%.The firm's quarterly revenue was up 8.4% on a year-over-year basis. During the same quarter in the previous year, the company posted $4.25 earnings per share. As a group, equities research analysts expect that LPL Financial Holdings Inc. will post 19.35 EPS for the current year.
LPL Financial Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Tuesday, March 24th. Stockholders of record on Tuesday, March 10th were given a dividend of $0.30 per share. The ex-dividend date was Tuesday, March 10th. This represents a $1.20 dividend on an annualized basis and a dividend yield of 0.4%. LPL Financial's payout ratio is presently 10.90%.
Wall Street Analyst Weigh In
LPLA has been the subject of a number of analyst reports. Morgan Stanley decreased their price objective on LPL Financial from $462.00 to $447.00 and set an "overweight" rating for the company in a research note on Monday, December 22nd. Keefe, Bruyette & Woods initiated coverage on LPL Financial in a research note on Wednesday. They set an "outperform" rating and a $350.00 price objective for the company. Citizens Jmp reaffirmed a "market outperform" rating and set a $500.00 price objective on shares of LPL Financial in a research note on Monday. TD Cowen decreased their price objective on LPL Financial from $399.00 to $378.00 and set a "hold" rating for the company in a research note on Friday, January 30th. Finally, Wolfe Research set a $478.00 price objective on LPL Financial in a research note on Friday, January 30th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $407.14.
Get Our Latest Report on LPL Financial
Key LPL Financial News
Here are the key news stories impacting LPL Financial this week:
- Positive Sentiment: UBS upgraded LPL from "neutral" to "buy" and set a $380 price target, signaling stronger Wall Street support and providing fresh buy-side momentum. Read More.
- Positive Sentiment: Keefe, Bruyette & Woods initiated coverage with an "outperform" rating and a $350 target, adding another buy-side voice and incremental demand. Read More.
- Positive Sentiment: Citizens JMP issued a "market outperform" rating, reinforcing the consensus of recent upgrades and supporting further upside expectations. Read More.
- Positive Sentiment: LPL added Emerald Legacy Advisors (≈$140M in assets) to its platform — a modest but tangible advisor win that supports growth and recurring-fee potential. Read More.
- Neutral Sentiment: Barclays lowered its price target from $435 to $369 but kept an "overweight" rating — a mixed signal that trims upside but maintains institutional support. Read More.
- Neutral Sentiment: Coverage piece noting LPL's tracking of capital-flow trends in Nasdaq futures — useful market intelligence for investors but unlikely to move fundamentals on its own. Read More.
- Negative Sentiment: Jefferies published a pessimistic forecast for LPL's stock price, introducing downside risk and a counterweight to the upgrade-driven buying. Read More.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Rockefeller Capital Management L.P. grew its stake in LPL Financial by 64.5% in the fourth quarter. Rockefeller Capital Management L.P. now owns 5,207 shares of the financial services provider's stock valued at $1,860,000 after acquiring an additional 2,042 shares during the period. Meadowbrook Advisors Group LLC acquired a new position in LPL Financial in the fourth quarter valued at about $203,000. Corient Private Wealth LLC grew its stake in LPL Financial by 1.6% in the fourth quarter. Corient Private Wealth LLC now owns 32,951 shares of the financial services provider's stock valued at $11,769,000 after acquiring an additional 528 shares during the period. Reflection Asset Management acquired a new position in LPL Financial in the fourth quarter valued at about $50,000. Finally, Tobam grew its stake in LPL Financial by 13.6% in the fourth quarter. Tobam now owns 15,505 shares of the financial services provider's stock valued at $5,538,000 after acquiring an additional 1,857 shares during the period. 95.66% of the stock is owned by institutional investors and hedge funds.
Insider Buying and Selling at LPL Financial
In other news, Director Marc Eliot Cohen sold 2,212 shares of the business's stock in a transaction dated Monday, March 9th. The stock was sold at an average price of $308.75, for a total value of $682,955.00. Following the sale, the director directly owned 5,488 shares in the company, valued at $1,694,420. The trade was a 28.73% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Matthew Enyedi sold 2,109 shares of the business's stock in a transaction dated Thursday, February 26th. The shares were sold at an average price of $320.15, for a total value of $675,196.35. Following the completion of the sale, the director owned 14,121 shares in the company, valued at approximately $4,520,838.15. This trade represents a 12.99% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 6,990 shares of company stock valued at $2,201,837. Company insiders own 1.30% of the company's stock.
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 LPL Financial
(
Get Free Report)
LPL Financial NASDAQ: LPLA is a U.S.-focused financial services firm that provides brokerage, custodial and advisory platforms to independent financial advisors, registered investment advisers and institutions. Operating primarily as an independent broker-dealer and custodian, the company supports a network of advisors with the operational, compliance and clearing infrastructure needed to manage client accounts and deliver investment advice outside of traditional wirehouse models.
The firm's product and service offerings include trade execution and clearing, custody services, retirement plan services, model portfolio and advisory platforms, wealth management technology, investment research and product access across equities, fixed income, mutual funds, exchange-traded funds and insurance and annuity solutions.
Further Reading
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