Rep. Gilbert Ray Cisneros, Jr. Purchases Shares of LGN (NASDAQ:LGN)

Representative Gilbert Ray Cisneros, Jr. (D-California) recently bought shares of LGN (NASDAQ:LGN). In a filing disclosed on February 13th, the Representative disclosed that they had bought between $1,001 and $15,000 in LGN stock on January 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 Hermès International Société en commandite par actions (OTCMKTS:HESAF) on 2/3/2026.
• Purchased $1,001 – $15,000 in shares of Tencent (OTC:TCTZF) on 2/3/2026.
• Purchased $1,001 – $15,000 in shares of Xiaomi (OTCMKTS:XIACF) on 2/3/2026.
• Purchased $1,001 – $15,000 in shares of Mitsubishi Heavy Industries (OTCMKTS:MHVYF) on 2/3/2026.
• Purchased $1,001 – $15,000 in shares of Banco Santander (NYSE:SAN) on 2/3/2026.
• Purchased $1,001 – $15,000 in shares of Leonardo (OTCMKTS:FINMF) on 2/3/2026.
• Purchased $1,001 – $15,000 in shares of Costco Wholesale (NASDAQ:COST) on 1/30/2026.
• Purchased $1,001 – $15,000 in shares of Transdigm Group (NYSE:TDG) on 1/30/2026.
• Purchased $1,001 – $15,000 in shares of Cloudflare (NYSE:NET) on 1/30/2026.
• Purchased $1,001 – $15,000 in shares of AutoZone (NYSE:AZO) on 1/30/2026.

LGN Stock Performance

Shares of LGN stock traded up $0.44 during trading hours on Tuesday, reaching $48.24. 467,396 shares of the company’s stock were exchanged, compared to its average volume of 1,168,215. LGN has a 1 year low of $26.96 and a 1 year high of $54.57. The company has a debt-to-equity ratio of 0.98, a quick ratio of 1.57 and a current ratio of 1.57.

Hedge Funds Weigh In On LGN

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. lifted its stake in LGN by 78.1% during the fourth quarter. Vanguard Group Inc. now owns 3,227,670 shares of the company’s stock worth $138,919,000 after purchasing an additional 1,415,282 shares during the last quarter. Westfield Capital Management Co. LP purchased a new stake in shares of LGN during the 4th quarter worth approximately $69,438,000. Munro Partners boosted its holdings in shares of LGN by 1,875.9% in the 4th quarter. Munro Partners now owns 1,396,642 shares of the company’s stock valued at $60,111,000 after buying an additional 1,325,957 shares in the last quarter. CI Investments Inc. grew its position in shares of LGN by 2,209.7% in the 4th quarter. CI Investments Inc. now owns 788,287 shares of the company’s stock valued at $33,928,000 after buying an additional 754,157 shares during the last quarter. Finally, Norges Bank acquired a new stake in LGN during the 4th quarter worth $30,343,000.

Analysts Set New Price Targets

LGN has been the subject of several research reports. Tigress Financial lifted their price objective on shares of LGN from $54.00 to $60.00 and gave the stock a “buy” rating in a research note on Thursday, January 22nd. Zacks Research upgraded LGN from a “hold” rating to a “strong-buy” rating in a research note on Friday, January 16th. Stifel Nicolaus upped their target price on LGN from $50.00 to $58.00 and gave the company a “buy” rating in a research report on Monday, January 26th. The Goldman Sachs Group raised their price target on shares of LGN from $46.00 to $52.00 and gave the stock a “buy” rating in a research report on Wednesday, January 28th. Finally, Weiss Ratings began coverage on shares of LGN in a report on Wednesday, January 14th. They issued a “sell (d+)” rating on the stock. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $53.75.

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.

LGN Company Profile

Legence Corp. is a provider of engineering, consulting, installation and maintenance services for mission-critical systems in buildings. The company specializes in designing, fabricating and installing complex HVAC, process piping and other mechanical, electrical and plumbing systems. Legence Corp. is based in SAN JOSE, Calif.