Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of Charter Communications, Inc. (NASDAQ:CHTR). In a filing disclosed on May 08th, the Representative disclosed that they had sold between $1,001 and $15,000 in Charter Communications 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.
Charter Communications Stock Performance
NASDAQ:CHTR traded down $0.69 during mid-day trading on Tuesday, reaching $147.10. 411,411 shares of the company’s stock were exchanged, compared to its average volume of 2,303,718. The company has a debt-to-equity ratio of 4.56, a quick ratio of 0.40 and a current ratio of 0.40. The firm has a market capitalization of $18.09 billion, a PE ratio of 3.97, a price-to-earnings-growth ratio of 0.27 and a beta of 0.76. Charter Communications, Inc. has a one year low of $146.00 and a one year high of $437.06. The business’s fifty day simple moving average is $211.82 and its two-hundred day simple moving average is $212.46.
Hedge Funds Weigh In On Charter Communications
A number of institutional investors have recently added to or reduced their stakes in CHTR. AQR Capital Management LLC grew its stake in shares of Charter Communications by 129.1% during the first quarter. AQR Capital Management LLC now owns 11,875 shares of the company’s stock worth $4,356,000 after buying an additional 6,691 shares during the last quarter. Integrated Wealth Concepts LLC increased its holdings in Charter Communications by 16.3% in the 1st quarter. Integrated Wealth Concepts LLC now owns 913 shares of the company’s stock worth $336,000 after purchasing an additional 128 shares in the last quarter. Jones Financial Companies Lllp raised its position in Charter Communications by 48.1% in the first quarter. Jones Financial Companies Lllp now owns 1,339 shares of the company’s stock valued at $493,000 after purchasing an additional 435 shares during the last quarter. Geneos Wealth Management Inc. boosted its stake in shares of Charter Communications by 141.0% during the first quarter. Geneos Wealth Management Inc. now owns 94 shares of the company’s stock valued at $35,000 after purchasing an additional 55 shares in the last quarter. Finally, Acadian Asset Management LLC grew its holdings in shares of Charter Communications by 451.1% during the first quarter. Acadian Asset Management LLC now owns 733 shares of the company’s stock worth $270,000 after purchasing an additional 600 shares during the last quarter. 81.76% of the stock is currently owned by institutional investors and hedge funds.
Insider Activity at Charter Communications
In other Charter Communications news, Director Balan Nair bought 1,000 shares of the business’s stock in a transaction that occurred on Tuesday, April 28th. The shares were acquired at an average cost of $175.46 per share, for a total transaction of $175,460.00. Following the transaction, the director directly owned 12,029 shares in the company, valued at approximately $2,110,608.34. This represents a 9.07% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Wade Davis bought 5,728 shares of Charter Communications stock in a transaction on Tuesday, April 28th. The shares were acquired at an average cost of $173.72 per share, for a total transaction of $995,068.16. Following the completion of the acquisition, the director directly owned 6,925 shares in the company, valued at approximately $1,203,011. The trade was a 478.53% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders acquired a total of 10,196 shares of company stock worth $1,767,822 in the last quarter. 1.10% of the stock is owned by insiders.
Analysts Set New Price Targets
A number of research analysts recently commented on the company. Sanford C. Bernstein decreased their price target on Charter Communications from $220.00 to $210.00 and set a “market perform” rating on the stock in a research report on Monday, April 27th. Wells Fargo & Company upped their price target on shares of Charter Communications from $180.00 to $200.00 and gave the stock an “underweight” rating in a report on Monday, February 2nd. Royal Bank Of Canada reduced their price target on shares of Charter Communications from $250.00 to $220.00 and set a “sector perform” rating on the stock in a research report on Monday, April 27th. Weiss Ratings reissued a “sell (d+)” rating on shares of Charter Communications in a research note on Friday, March 27th. Finally, New Street Research cut their target price on Charter Communications from $479.00 to $328.00 and set a “buy” rating for the company in a research note on Thursday, February 5th. Six analysts have rated the stock with a Buy rating, ten have given a Hold rating and six have issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $315.67.
View Our Latest Stock Analysis on CHTR
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 Charter Communications
Charter Communications, Inc is a U.S.-based telecommunications and mass media company that provides broadband communications and video services to residential and business customers. Operating primarily under the Spectrum brand, the company offers high-speed internet, cable television, digital voice (phone) and wireless services, as well as managed and enterprise networking solutions for commercial customers. Charter’s service portfolio targets both consumer and business markets with bundled and standalone offerings designed to meet streaming, connectivity and communications needs.
The company’s consumer-facing products include Spectrum Internet, Spectrum TV and Spectrum Voice, while Spectrum Mobile provides wireless service through arrangements with national wireless carriers.
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