Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of Trimble Inc. (NASDAQ:TRMB). In a filing disclosed on June 08th, the Representative disclosed that they had sold between $1,001 and $15,000 in Trimble stock on May 15th. 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 SoftBank Group (OTCMKTS:SFTBF) on 6/2/2026.
- Purchased $1,001 – $15,000 in shares of Ciena (NYSE:CIEN) on 5/29/2026.
- Sold $1,001 – $15,000 in shares of AutoZone (NYSE:AZO) on 5/29/2026.
- Purchased $1,001 – $15,000 in shares of Independent Bank (NASDAQ:INDB) on 5/29/2026.
- Purchased $1,001 – $15,000 in shares of Arcutis Biotherapeutics (NASDAQ:ARQT) on 5/29/2026.
- Purchased $1,001 – $15,000 in shares of HealthEquity (NASDAQ:HQY) on 5/29/2026.
- Purchased $1,001 – $15,000 in shares of Boston Scientific (NYSE:BSX) on 5/29/2026.
- Purchased $1,001 – $15,000 in shares of Perella Weinberg Partners (NASDAQ:PWP) on 5/29/2026.
- Purchased $1,001 – $15,000 in shares of Cooper Companies (NASDAQ:COO) on 5/29/2026.
- Purchased $1,001 – $15,000 in shares of Ligand Pharmaceuticals (NASDAQ:LGND) on 5/29/2026.
Trimble Stock Down 4.4%
NASDAQ TRMB traded down $2.35 during trading hours on Wednesday, hitting $50.60. The company’s stock had a trading volume of 3,104,638 shares, compared to its average volume of 2,791,081. Trimble Inc. has a 52 week low of $50.57 and a 52 week high of $87.50. The company has a market capitalization of $11.80 billion, a PE ratio of 26.63, a price-to-earnings-growth ratio of 1.77 and a beta of 1.38. The company has a current ratio of 1.01, a quick ratio of 0.88 and a debt-to-equity ratio of 0.25. The company’s 50-day simple moving average is $61.27 and its two-hundred day simple moving average is $69.00.
Insider Activity at Trimble
In other news, VP Mark David Schwartz sold 16,725 shares of the firm’s stock in a transaction that occurred on Thursday, April 16th. The shares were sold at an average price of $67.01, for a total transaction of $1,120,742.25. Following the completion of the sale, the vice president owned 19,668 shares in the company, valued at $1,317,952.68. This trade represents a 45.96% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Robert G. Painter sold 7,500 shares of the firm’s stock in a transaction that occurred on Tuesday, April 14th. The stock was sold at an average price of $66.94, for a total transaction of $502,050.00. Following the sale, the chief executive officer owned 11,897 shares of the company’s stock, valued at approximately $796,385.18. The trade was a 38.67% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Company insiders own 0.59% of the company’s stock.
Hedge Funds Weigh In On Trimble
Several hedge funds have recently modified their holdings of TRMB. Rothschild Investment LLC lifted its position in shares of Trimble by 193.6% during the 4th quarter. Rothschild Investment LLC now owns 323 shares of the scientific and technical instruments company’s stock worth $25,000 after buying an additional 213 shares in the last quarter. DV Equities LLC purchased a new stake in shares of Trimble during the 4th quarter worth approximately $26,000. Toth Financial Advisory Corp purchased a new stake in shares of Trimble during the 4th quarter worth approximately $27,000. Bank of Jackson Hole Trust purchased a new stake in shares of Trimble during the 4th quarter worth approximately $27,000. Finally, Hantz Financial Services Inc. increased its stake in shares of Trimble by 90.8% during the 3rd quarter. Hantz Financial Services Inc. now owns 372 shares of the scientific and technical instruments company’s stock worth $30,000 after purchasing an additional 177 shares during the last quarter. Institutional investors own 93.21% of the company’s stock.
Wall Street Analyst Weigh In
Several equities analysts recently weighed in on the stock. Wall Street Zen raised shares of Trimble from a “hold” rating to a “buy” rating in a research report on Saturday, May 9th. Robert W. Baird dropped their price target on shares of Trimble from $90.00 to $85.00 and set an “outperform” rating on the stock in a research report on Monday, March 30th. Barclays dropped their target price on shares of Trimble from $103.00 to $79.00 and set an “overweight” rating on the stock in a research report on Friday, May 29th. Wells Fargo & Company dropped their target price on shares of Trimble from $79.00 to $70.00 and set an “overweight” rating on the stock in a research report on Thursday, May 7th. Finally, Zacks Research cut shares of Trimble from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 13th. Ten investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the company’s stock. According to data from MarketBeat, Trimble presently has a consensus rating of “Moderate Buy” and a consensus target price of $87.33.
Check Out Our Latest Stock Analysis on TRMB
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.
Trimble Company Profile
Trimble Inc (NASDAQ: TRMB) is a technology company that develops hardware, software and services to improve the productivity and connectivity of customers across the construction, agriculture, geospatial, transportation and logistics, and natural resources sectors. The company’s offerings center on advanced positioning technologies — including GNSS/GPS receivers, inertial sensors and laser scanning — integrated with application-specific software and cloud services to enable precise measurement, modeling, machine control and workflow automation for field and office operations.
Trimble’s product portfolio spans surveying and geospatial instruments (total stations, mobile mapping and terrestrial laser scanners), construction solutions (machine control systems, site positioning and estimating), agriculture systems (auto-steer, guidance and application-control platforms), and fleet and transportation telematics.
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