Rep. Gilbert Ray Cisneros, Jr. Sells Off Shares of Molson Coors Beverage Company (NYSE:TAP)

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of Molson Coors Beverage Company (NYSE:TAP). In a filing disclosed on April 07th, the Representative disclosed that they had sold between $1,001 and $15,000 in Molson Coors Beverage 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.

Molson Coors Beverage Price Performance

Shares of TAP stock traded up $0.41 during mid-day trading on Thursday, hitting $44.31. 648,282 shares of the stock traded hands, compared to its average volume of 3,018,604. Molson Coors Beverage Company has a twelve month low of $41.04 and a twelve month high of $61.41. The firm has a market cap of $8.33 billion, a price-to-earnings ratio of -4.09 and a beta of 0.50. The company’s 50-day simple moving average is $46.80 and its 200-day simple moving average is $46.65. The company has a debt-to-equity ratio of 0.37, a quick ratio of 0.42 and a current ratio of 0.55.

Molson Coors Beverage (NYSE:TAP) last issued its quarterly earnings results on Wednesday, February 18th. The company reported $1.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.17 by $0.04. Molson Coors Beverage had a positive return on equity of 9.04% and a negative net margin of 16.41%.The company had revenue of $2.03 billion for the quarter, compared to analysts’ expectations of $2.71 billion. During the same period last year, the firm earned $1.30 EPS. The firm’s revenue for the quarter was down 2.7% on a year-over-year basis. Molson Coors Beverage has set its FY 2026 guidance at 4.607-4.823 EPS. As a group, equities research analysts expect that Molson Coors Beverage Company will post 6.35 earnings per share for the current year.

Molson Coors Beverage Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 20th. Stockholders of record on Friday, March 6th were given a dividend of $0.48 per share. This is a boost from Molson Coors Beverage’s previous quarterly dividend of $0.47. The ex-dividend date was Friday, March 6th. This represents a $1.92 annualized dividend and a dividend yield of 4.3%. Molson Coors Beverage’s payout ratio is -17.70%.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of TAP. Caxton Associates LLP purchased a new position in shares of Molson Coors Beverage during the first quarter valued at $202,000. United Services Automobile Association purchased a new position in shares of Molson Coors Beverage during the first quarter valued at $215,000. Woodline Partners LP grew its holdings in shares of Molson Coors Beverage by 38.7% during the first quarter. Woodline Partners LP now owns 14,546 shares of the company’s stock valued at $885,000 after buying an additional 4,056 shares in the last quarter. Geneos Wealth Management Inc. grew its holdings in shares of Molson Coors Beverage by 32.9% during the first quarter. Geneos Wealth Management Inc. now owns 800 shares of the company’s stock valued at $49,000 after buying an additional 198 shares in the last quarter. Finally, 1832 Asset Management L.P. grew its holdings in shares of Molson Coors Beverage by 35.4% during the second quarter. 1832 Asset Management L.P. now owns 21,384 shares of the company’s stock valued at $1,028,000 after buying an additional 5,594 shares in the last quarter. Hedge funds and other institutional investors own 78.46% of the company’s stock.

Insider Buying and Selling at Molson Coors Beverage

In other Molson Coors Beverage news, Director Andrew Thomas Molson purchased 2,000 shares of the stock in a transaction dated Monday, March 9th. The shares were acquired at an average price of $46.67 per share, for a total transaction of $93,340.00. Following the completion of the acquisition, the director owned 24,654 shares of the company’s stock, valued at $1,150,602.18. This represents a 8.83% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 2.71% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on TAP shares. Bank of America cut Molson Coors Beverage from a “neutral” rating to an “underperform” rating and lowered their price target for the company from $50.00 to $42.00 in a research report on Wednesday, February 25th. Weiss Ratings reiterated a “sell (d)” rating on shares of Molson Coors Beverage in a research report on Friday, March 27th. Jefferies Financial Group set a $45.00 target price on Molson Coors Beverage in a report on Thursday, February 19th. Needham & Company LLC decreased their target price on Molson Coors Beverage from $54.00 to $52.00 and set a “buy” rating on the stock in a report on Thursday, February 19th. Finally, BNP Paribas Exane cut Molson Coors Beverage from a “hold” rating to a “strong sell” rating and set a $40.00 target price on the stock. in a report on Friday, January 16th. Four equities research analysts have rated the stock with a Buy rating, ten have issued a Hold rating and five have issued a Sell rating to the stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Reduce” and an average price target of $47.29.

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.

Molson Coors Beverage Company Profile

Molson Coors Beverage Company is a leading multinational brewing and beverage enterprise formed through the 2005 merger of Canada’s Molson and the United States’ Coors. The company develops, markets and distributes an array of alcoholic and non-alcoholic beverages, focusing primarily on beer and ready-to-drink products. Its portfolio spans flagship brands such as Coors Light, Molson Canadian and Miller Lite, alongside craft-style offerings like Blue Moon and global imports including Carling and Staropramen.

In addition to its core beer business, Molson Coors has expanded into adjacent categories to capture evolving consumer tastes.