Rep. Gilbert Ray Cisneros, Jr. Purchases Shares of Trimble Inc. (NASDAQ:TRMB)

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of Trimble Inc. (NASDAQ:TRMB). In a filing disclosed on May 08th, the Representative disclosed that they had bought between $1,001 and $15,000 in Trimble stock on April 14th. 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 Revvity (NYSE:RVTY) on 5/1/2026.
• Sold $1,001 – $15,000 in shares of Flex (NASDAQ:FLEX) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of LPL Financial (NASDAQ:LPLA) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of FirstService (NASDAQ:FSV) on 5/1/2026.
• Sold $1,001 – $15,000 in shares of SS&C Technologies (NASDAQ:SSNC) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of Wayfair (NYSE:W) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of STERIS (NYSE:STE) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of DoorDash (NASDAQ:DASH) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of Sensata Technologies (NYSE:ST) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of Veralto (NYSE:VLTO) on 5/1/2026.

Trimble Stock Down 2.6%

Shares of TRMB stock traded down $1.53 during mid-day trading on Tuesday, hitting $56.51. The company’s stock had a trading volume of 2,572,970 shares, compared to its average volume of 1,906,764. Trimble Inc. has a 52-week low of $56.35 and a 52-week high of $87.50. The business has a 50-day moving average price of $66.21 and a 200 day moving average price of $72.49. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.88 and a current ratio of 1.01. The stock has a market cap of $13.17 billion, a price-to-earnings ratio of 29.74, a PEG ratio of 1.94 and a beta of 1.45.

Trimble (NASDAQ:TRMB) last posted its quarterly earnings results on Wednesday, May 6th. The scientific and technical instruments company reported $0.79 earnings per share for the quarter, topping the consensus estimate of $0.72 by $0.07. Trimble had a return on equity of 11.61% and a net margin of 12.38%.The firm had revenue of $939.90 million during the quarter, compared to analysts’ expectations of $905.60 million. During the same quarter in the previous year, the business earned $0.61 earnings per share. The company’s revenue was up 11.8% on a year-over-year basis. Trimble has set its Q2 2026 guidance at 0.780-0.820 EPS and its FY 2026 guidance at 3.470-3.640 EPS. Research analysts predict that Trimble Inc. will post 3 EPS for the current fiscal year.

Insider Transactions at Trimble

In other Trimble news, CEO Robert G. Painter sold 7,500 shares of the company’s stock in a transaction dated Tuesday, April 14th. The stock was sold at an average price of $66.94, for a total value of $502,050.00. Following the completion of the sale, the chief executive officer owned 11,897 shares in the company, valued at $796,385.18. This represents a 38.67% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through 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, VP Mark David Schwartz sold 16,725 shares of the company’s stock in a transaction dated Thursday, April 16th. The stock was sold at an average price of $67.01, for a total value of $1,120,742.25. Following the completion of the sale, the vice president owned 19,668 shares of the company’s stock, valued at approximately $1,317,952.68. The trade was a 45.96% decrease in their position. The SEC filing for this sale provides additional information. 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. In the last 90 days, insiders sold 31,725 shares of company stock valued at $2,151,167. Company insiders own 0.59% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on TRMB shares. Barclays boosted their price target on Trimble from $101.00 to $103.00 and gave the stock an “overweight” rating in a research note on Friday, March 6th. Oppenheimer decreased their price target on Trimble from $86.00 to $80.00 and set an “outperform” rating for the company in a research note on Thursday, May 7th. Sanford C. Bernstein restated an “outperform” rating on shares of Trimble in a research note on Wednesday, February 11th. Piper Sandler reduced their price objective on Trimble from $97.00 to $87.00 and set an “overweight” rating for the company in a research report on Wednesday, May 6th. Finally, Zacks Research downgraded Trimble from a “strong-buy” rating to a “hold” rating in a report on Monday, April 13th. Ten 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, the company has a consensus rating of “Moderate Buy” and a consensus target price of $90.00.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the company. PNC Financial Services Group Inc. lifted its holdings in Trimble by 72.2% in the first quarter. PNC Financial Services Group Inc. now owns 65,641 shares of the scientific and technical instruments company’s stock valued at $4,282,000 after acquiring an additional 27,516 shares during the period. Oslo Pensjonsforsikring AS bought a new position in Trimble in the first quarter valued at about $238,000. Meeder Advisory Services Inc. increased its position in Trimble by 58.0% in the first quarter. Meeder Advisory Services Inc. now owns 10,350 shares of the scientific and technical instruments company’s stock worth $675,000 after buying an additional 3,798 shares in the last quarter. Dimensional Fund Advisors LP increased its position in Trimble by 1.1% in the first quarter. Dimensional Fund Advisors LP now owns 2,395,199 shares of the scientific and technical instruments company’s stock worth $156,197,000 after buying an additional 25,841 shares in the last quarter. Finally, SEB Asset Management AB purchased a new stake in Trimble in the first quarter worth about $7,837,000. Institutional investors own 93.21% 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 Trimble

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.