Rep. Gilbert Ray Cisneros, Jr. Purchases Shares of APi Group Corporation (NYSE:APG)

Key Points

• Representative Gilbert Ray Cisneros, Jr. recently acquired shares of APi Group Corporation (NYSE:APG), purchasing between $1,001 and $15,000 worth of stock on August 26th, 2023.
• APi Group's stock traded at $35.04 during trading hours, with a market capitalization of $14.57 billion and a P/E ratio of 109.63 as of the last reported trading session.
• The company reported a 15% revenue increase year-over-year, posting $1.99 billion in revenue for its latest quarter, which surpassed analysts' expectations.

Representative Gilbert Ray Cisneros, Jr. (D-California) recently bought shares of APi Group Corporation (NYSE:APG). In a filing disclosed on September 12th, the Representative disclosed that they had bought between $1,001 and $15,000 in APi Group stock on August 26th. 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):

• Purchased $1,001 - $15,000 in shares of Semtech NASDAQ: SMTC on 9/2/2025.
• Sold $1,001 - $15,000 in shares of Chart Industries NYSE: GTLS on 9/2/2025.
• Purchased $1,001 - $15,000 in shares of Avient NYSE: AVNT on 9/2/2025.
• Sold $1,001 - $15,000 in shares of Amdocs NASDAQ: DOX on 8/27/2025.
• Sold $1,001 - $15,000 in shares of Amdocs NASDAQ: DOX on 8/26/2025.
• Purchased $1,001 - $15,000 in shares of Intapp NASDAQ: INTA on 8/26/2025.
• Purchased $1,001 - $15,000 in shares of Waters NYSE: WAT on 8/26/2025.
• Purchased $1,001 - $15,000 in shares of Semtech NASDAQ: SMTC on 8/26/2025.
• Sold $1,001 - $15,000 in shares of Fortive NYSE: FTV on 8/26/2025.
• Sold $1,001 - $15,000 in shares of GoDaddy NYSE: GDDY on 8/26/2025.

APi Group Stock Performance

APG stock traded down $0.23 during trading hours on Tuesday, hitting $35.04. 629,271 shares of the stock were exchanged, compared to its average volume of 3,019,122. The company has a current ratio of 1.45, a quick ratio of 1.37 and a debt-to-equity ratio of 0.87. The firm has a market capitalization of $14.57 billion, a P/E ratio of 109.63 and a beta of 1.61. APi Group Corporation has a 12 month low of $20.50 and a 12 month high of $36.55. The company has a 50-day simple moving average of $35.08 and a two-hundred day simple moving average of $30.40.

APi Group (NYSE:APG - Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The company reported $0.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.37 by $0.02. APi Group had a return on equity of 21.33% and a net margin of 3.35%.The business had revenue of $1.99 billion during the quarter, compared to analysts' expectations of $1.88 billion. During the same period in the previous year, the company posted $0.49 earnings per share. The firm's revenue for the quarter was up 15.0% compared to the same quarter last year. APi Group has set its FY 2025 guidance at EPS. Q3 2025 guidance at EPS. On average, analysts forecast that APi Group Corporation will post 1.83 earnings per share for the current fiscal year.

Insider Buying and Selling at APi Group

In other APi Group news, Director Ian G. H. Ashken sold 205,550 shares of APi Group stock in a transaction on Tuesday, August 12th. The stock was sold at an average price of $35.24, for a total transaction of $7,243,582.00. Following the completion of the transaction, the director owned 7,968,167 shares in the company, valued at approximately $280,798,205.08. The trade was a 2.51% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CAO James Arseniadis sold 4,843 shares of APi Group stock in a transaction dated Monday, August 4th. The stock was sold at an average price of $35.38, for a total transaction of $171,345.34. Following the completion of the transaction, the chief accounting officer directly owned 12,116 shares of the company's stock, valued at $428,664.08. This trade represents a 28.56% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 1,789,843 shares of company stock valued at $62,262,672 in the last quarter. 17.00% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on APG shares. UBS Group boosted their target price on APi Group from $32.00 to $36.00 and gave the stock a "buy" rating in a research note on Thursday, May 22nd. Truist Financial lifted their price objective on APi Group from $32.00 to $36.00 and gave the stock a "buy" rating in a report on Thursday, May 22nd. Robert W. Baird boosted their price objective on APi Group from $31.33 to $34.00 and gave the company an "outperform" rating in a research note on Thursday, May 22nd. JPMorgan Chase & Co. upgraded shares of APi Group from a "neutral" rating to an "overweight" rating and increased their target price for the stock from $31.00 to $42.00 in a research report on Tuesday, July 15th. Finally, Royal Bank Of Canada reiterated an "outperform" rating and issued a $34.67 target price on shares of APi Group in a research note on Friday, June 27th. Eight investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, the stock currently has an average rating of "Buy" and a consensus target price of $36.10.

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Durable Capital Partners LP lifted its stake in APi Group by 78.0% in the first quarter. Durable Capital Partners LP now owns 8,911,171 shares of the company's stock worth $318,663,000 after purchasing an additional 3,903,632 shares during the last quarter. State Street Corp grew its holdings in shares of APi Group by 83.2% during the 2nd quarter. State Street Corp now owns 7,150,845 shares of the company's stock worth $365,051,000 after acquiring an additional 3,247,126 shares during the period. Norges Bank purchased a new position in shares of APi Group in the 2nd quarter valued at approximately $154,149,000. T. Rowe Price Investment Management Inc. grew its stake in APi Group by 75.3% in the first quarter. T. Rowe Price Investment Management Inc. now owns 6,767,246 shares of the company's stock worth $241,997,000 after purchasing an additional 2,906,783 shares during the period. Finally, Bessemer Group Inc. lifted its position in APi Group by 479,614.2% during the first quarter. Bessemer Group Inc. now owns 2,878,285 shares of the company's stock valued at $102,929,000 after buying an additional 2,877,685 shares during the period. Institutional investors own 86.62% 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.

APi Group Company Profile

APi Group Corporation provides safety and specialty services worldwide. It operates through Safety Services and Specialty Services segments. The Safety Services segment offers solutions focusing on end-to-end integrated occupancy systems, such as fire protection services; heating, ventilation, and air conditioning solutions; and entry systems, which include the design, installation, inspection, and service of these integrated systems.

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