Rep. Gilbert Ray Cisneros, Jr. Sells Wells Fargo & Company (NYSE:WFC) Stock

Key Points

• Rep. Gilbert Ray Cisneros, Jr. disclosed selling between $1,001 and $15,000 of Wells Fargo (NYSE:WFC) stock on March 13th from his "150 MAIN STREET TRUST > BANK OF AMERICA" account (filing dated April 7).
• Wells Fargo shares traded at $84.86 (up 0.2%), pay a $0.45 quarterly dividend (annualized yield ~2.1%), and carry a consensus analyst rating of Moderate Buy with an average price target of $97.70.
• Insiders have been net sellers, disposing of 115,000 shares (~$10.05 million) over the last quarter, including EVP sales of 30,000 and 25,000 shares.

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of Wells Fargo & Company (NYSE:WFC). In a filing disclosed on April 07th, the Representative disclosed that they had sold between $1,001 and $15,000 in Wells Fargo & Company stock on March 13th. 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.

Wells Fargo & Company Stock Up 0.2%

NYSE:WFC traded up $0.20 on Thursday, reaching $84.86. The stock had a trading volume of 1,861,139 shares, compared to its average volume of 16,902,357. The company has a current ratio of 0.90, a quick ratio of 0.90 and a debt-to-equity ratio of 1.05. The company has a 50-day moving average of $83.48 and a 200 day moving average of $86.19. The stock has a market cap of $261.84 billion, a P/E ratio of 13.53, a price-to-earnings-growth ratio of 0.86 and a beta of 1.06. Wells Fargo & Company has a 12-month low of $59.65 and a 12-month high of $97.76.

Wells Fargo & Company (NYSE:WFC - Get Free Report) last posted its quarterly earnings data on Wednesday, January 14th. The financial services provider reported $1.76 earnings per share for the quarter, beating analysts' consensus estimates of $1.66 by $0.10. The company had revenue of $21.29 billion during the quarter, compared to analysts' expectations of $21.63 billion. Wells Fargo & Company had a net margin of 17.27% and a return on equity of 12.90%. The firm's revenue for the quarter was up 4.5% on a year-over-year basis. During the same period in the prior year, the company posted $1.43 EPS. On average, research analysts predict that Wells Fargo & Company will post 5.89 earnings per share for the current year.

Wells Fargo & Company Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Sunday, March 1st. Shareholders of record on Friday, February 6th were given a $0.45 dividend. This represents a $1.80 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date of this dividend was Friday, February 6th. Wells Fargo & Company's dividend payout ratio is presently 28.71%.

Analyst Ratings Changes

WFC has been the subject of a number of analyst reports. CICC Research initiated coverage on shares of Wells Fargo & Company in a research report on Wednesday, January 14th. They issued a "market perform" rating and a $96.00 price objective for the company. Wolfe Research reissued an "outperform" rating and issued a $109.00 price objective on shares of Wells Fargo & Company in a research report on Wednesday, January 7th. Robert W. Baird raised shares of Wells Fargo & Company from an "underperform" rating to a "neutral" rating and set a $85.00 price target on the stock in a research report on Friday, February 13th. Barclays increased their price target on shares of Wells Fargo & Company from $94.00 to $113.00 and gave the stock an "overweight" rating in a research report on Monday, January 5th. Finally, Evercore reaffirmed an "outperform" rating on shares of Wells Fargo & Company in a research report on Friday, March 6th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat, Wells Fargo & Company has a consensus rating of "Moderate Buy" and an average price target of $97.70.

Hedge Funds Weigh In On Wells Fargo & Company

Several large investors have recently modified their holdings of the stock. Private Wealth Group LLC lifted its position in shares of Wells Fargo & Company by 2.5% during the fourth quarter. Private Wealth Group LLC now owns 4,514 shares of the financial services provider's stock worth $421,000 after purchasing an additional 108 shares during the last quarter. Nixon Peabody Trust Co. raised its stake in Wells Fargo & Company by 3.6% during the fourth quarter. Nixon Peabody Trust Co. now owns 3,351 shares of the financial services provider's stock worth $312,000 after acquiring an additional 115 shares during the period. Simmons Bank raised its stake in Wells Fargo & Company by 1.9% during the fourth quarter. Simmons Bank now owns 6,359 shares of the financial services provider's stock worth $593,000 after acquiring an additional 116 shares during the period. Moss Adams Wealth Advisors LLC raised its stake in Wells Fargo & Company by 1.0% during the fourth quarter. Moss Adams Wealth Advisors LLC now owns 12,048 shares of the financial services provider's stock worth $1,123,000 after acquiring an additional 117 shares during the period. Finally, Main Street Group LTD raised its stake in Wells Fargo & Company by 36.9% during the third quarter. Main Street Group LTD now owns 438 shares of the financial services provider's stock worth $37,000 after acquiring an additional 118 shares during the period. Institutional investors own 75.90% of the company's stock.

Wells Fargo & Company News Roundup

Here are the key news stories impacting Wells Fargo & Company this week:

• Positive Sentiment: Macro-driven rally: Shares jumped after President Trump announced a two‑week suspension of attacks on Iran, sparking a 17% drop in crude and lifting bank stocks, including WFC. Wells Fargo (WFC) Stock Trades Up, Here Is Why
• Positive Sentiment: Analyst support: Jefferies remains constructive on WFC with a Buy view and a $100 price target, providing upside narrative for investors who see a multi‑year recovery. Here’s Why Jefferies Remains a Buy on Wells Fargo & Company (WFC)
• Positive Sentiment: Funding and product moves: Wells Fargo completed senior note offerings and expanded FX payments capabilities with partners — moves that shore up funding and product distribution for treasury flows. These actions reduce near‑term liquidity risk and could support net interest and fee businesses. Is Wells Fargo (WFC) Quietly Redefining Its Balance Sheet Strategy With New Notes and FX Deals?
• Neutral Sentiment: Earnings preview context: Analysts and outlets are prepping investors for bank results starting April 14; commentary suggests mixed odds for a clear beat, so near‑term moves may hinge on guidance rather than headline beats. What Can Investors Expect from Bank Earnings?
• Neutral Sentiment: Market volatility backdrop: A “freak out” trading indicator has spiked amid Middle East headlines, raising the odds of whipsaw price action even if fundamentals remain steady. ‘Freak out’ indicator soars to record with war sparking trader anxiety
• Neutral Sentiment: Community/PR: Wells Fargo announced a $6M investment in West Charlotte for housing, workforce and small‑business programs — positive for reputation but immaterial to near‑term earnings. Wells Fargo Helps Drive Growth in West Charlotte with $6 Million
• Negative Sentiment: Analyst target cut: JPMorgan trimmed WFC’s price target from $99.50 to $91 and reiterated a Neutral rating, citing heightened volatility risks in the banking sector — a direct headwind for sentiment and upside. JPMorgan Trims Wells Fargo & Company (WFC) Target, Flags Volatility Risks for Banks
• Negative Sentiment: Bearish commentary: Coverage summarizing JPMorgan’s more pessimistic outlook for WFC’s stock price amplifies the downside narrative and could cap rallies ahead of earnings. JPMorgan Chase & Co. Issues Pessimistic Forecast for Wells Fargo & Company NYSE: WFC Stock Price

Insider Buying and Selling

In related news, EVP Bridget E. Engle sold 30,000 shares of the stock in a transaction dated Thursday, February 26th. The shares were sold at an average price of $87.10, for a total transaction of $2,613,000.00. Following the sale, the executive vice president owned 83,478 shares in the company, valued at $7,270,933.80. This represents a 26.44% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Kleber Santos sold 25,000 shares of the stock in a transaction dated Friday, February 20th. The stock was sold at an average price of $87.72, for a total transaction of $2,193,000.00. Following the sale, the executive vice president owned 79,876 shares in the company, valued at approximately $7,006,722.72. This trade represents a 23.84% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 115,000 shares of company stock worth $10,050,000 over the last quarter. 0.14% of the stock is owned by company insiders.

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 Wells Fargo & Company

Wells Fargo & Company is a diversified, U.S.-based financial services company headquartered in San Francisco, California. Founded in 1852 by Henry Wells and William G. Fargo, the firm has evolved from its origins in express delivery and pioneer-era banking into one of the largest full-service banks in the United States. The company provides a broad range of financial products and services to individual, small business, commercial, and institutional clients. Charles W. Scharf serves as chief executive officer.

Wells Fargo operates across several core business segments, including consumer banking and lending, commercial banking, corporate and investment banking, and wealth and investment management.

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