LPL Financial (NASDAQ:LPLA) Stock Bought Rep. Gilbert Ray Cisneros, Jr.

Posted by Anthony Miller on Jul 4th, 2026

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of LPL Financial Holdings Inc. (NASDAQ:LPLA). In a filing disclosed on July 02nd, the Representative disclosed that they had bought between $1,001 and $15,000 in LPL Financial stock on June 11th. 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 The Descartes Systems Group (NASDAQ:DSGX) on 6/30/2026.
Purchased $1,001 – $15,000 in shares of Texas Roadhouse (NASDAQ:TXRH) on 6/30/2026.
Purchased $1,001 – $15,000 in shares of Texas Capital Bancshares (NASDAQ:TCBI) on 6/30/2026.
Sold $1,001 – $15,000 in shares of SoftBank Group (OTCMKTS:SFTBF) on 6/30/2026.
Sold $1,001 – $15,000 in shares of Semtech (NASDAQ:SMTC) on 6/30/2026.
Sold $1,001 – $15,000 in shares of RBC Bearings (NYSE:RBC) on 6/30/2026.
Purchased $1,001 – $15,000 in shares of Microchip Technology (NASDAQ:MCHP) on 6/30/2026.
Purchased $1,001 – $15,000 in shares of HealthEquity (NASDAQ:HQY) on 6/30/2026.
Purchased $1,001 – $15,000 in shares of Cytokinetics (NASDAQ:CYTK) on 6/30/2026.
Sold $1,001 – $15,000 in shares of Credo Technology Group (NASDAQ:CRDO) on 6/30/2026.

LPL Financial Price Performance

NASDAQ:LPLA remained flat at $295.18 during mid-day trading on Friday. 659,966 shares of the company were exchanged, compared to its average volume of 1,106,948. The business has a 50 day simple moving average of $294.76 and a 200-day simple moving average of $321.85. The stock has a market capitalization of $23.61 billion, a PE ratio of 26.36, a PEG ratio of 0.61 and a beta of 0.50. LPL Financial Holdings Inc. has a fifty-two week low of $260.15 and a fifty-two week high of $403.58. The company has a quick ratio of 2.56, a current ratio of 2.56 and a debt-to-equity ratio of 1.26.

LPL Financial (NASDAQ:LPLA – Get Free Report) last announced its quarterly earnings data on Thursday, April 30th. The financial services provider reported $5.60 earnings per share for the quarter, topping the consensus estimate of $5.49 by $0.11. The business had revenue of $4.94 billion during the quarter, compared to the consensus estimate of $4.98 billion. LPL Financial had a return on equity of 31.26% and a net margin of 4.93%.LPL Financial’s revenue for the quarter was up 34.6% on a year-over-year basis. During the same period in the prior year, the company earned $5.15 EPS. Equities analysts expect that LPL Financial Holdings Inc. will post 22.94 EPS for the current year.

LPL Financial Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, June 4th. Stockholders of record on Thursday, May 21st were issued a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date of this dividend was Thursday, May 21st. LPL Financial’s dividend payout ratio is 10.71%.

Wall Street Analysts Forecast Growth

Several equities analysts recently commented on LPLA shares. Keefe, Bruyette & Woods started coverage on shares of LPL Financial in a research note on Wednesday, April 8th. They issued an “outperform” rating and a $350.00 price objective for the company. Jefferies Financial Group lowered their price target on shares of LPL Financial from $464.00 to $383.00 and set a “buy” rating for the company in a report on Monday, April 6th. Barclays increased their price target on LPL Financial from $369.00 to $412.00 and gave the company an “overweight” rating in a research note on Friday, May 1st. Citizens Jmp reaffirmed a “market outperform” rating and issued a $500.00 price objective on shares of LPL Financial in a research note on Monday, April 6th. Finally, TD Cowen cut their target price on shares of LPL Financial from $330.00 to $326.00 and set a “hold” rating on the stock in a research report on Friday, May 1st. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and four have given a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $398.86.

Read Our Latest Report on LPL Financial

Hedge Funds Weigh In On LPL Financial

Hedge funds have recently bought and sold shares of the company. Versant Capital Management Inc raised its position in shares of LPL Financial by 79.0% in the 2nd quarter. Versant Capital Management Inc now owns 188 shares of the financial services provider’s stock worth $53,000 after acquiring an additional 83 shares in the last quarter. Western Wealth Management LLC bought a new stake in LPL Financial during the 1st quarter valued at $151,000. Empowered Funds LLC raised its holdings in LPL Financial by 32.6% during the first quarter. Empowered Funds LLC now owns 24,339 shares of the financial services provider’s stock worth $7,322,000 after buying an additional 5,985 shares during the last quarter. Parallel Advisors LLC grew its holdings in shares of LPL Financial by 7.2% during the first quarter. Parallel Advisors LLC now owns 2,711 shares of the financial services provider’s stock valued at $816,000 after buying an additional 183 shares during the last quarter. Finally, Argent Capital Management LLC grew its holdings in shares of LPL Financial by 50.9% during the first quarter. Argent Capital Management LLC now owns 28,855 shares of the financial services provider’s stock valued at $8,680,000 after buying an additional 9,728 shares during the last quarter. Institutional investors own 95.66% of the company’s stock.

Insider Activity

In other LPL Financial news, Director Aneri Jambusaria sold 308 shares of the business’s stock in a transaction that occurred on Wednesday, June 17th. The stock was sold at an average price of $306.00, for a total transaction of $94,248.00. Following the completion of the sale, the director directly owned 6,415 shares of the company’s stock, valued at approximately $1,962,990. The trade was a 4.58% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Matthew J. Audette sold 1,110 shares of the stock in a transaction that occurred on Wednesday, April 15th. The stock was sold at an average price of $330.01, for a total value of $366,311.10. Following the completion of the sale, the chief financial officer directly owned 19,803 shares of the company’s stock, valued at approximately $6,535,188.03. This trade represents a 5.31% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 1,887 shares of company stock valued at $613,144. 0.60% of the stock is currently owned by insiders.

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 LPL Financial

(Get Free Report)

LPL Financial (NASDAQ: LPLA) is a U.S.-focused financial services firm that provides brokerage, custodial and advisory platforms to independent financial advisors, registered investment advisers and institutions. Operating primarily as an independent broker-dealer and custodian, the company supports a network of advisors with the operational, compliance and clearing infrastructure needed to manage client accounts and deliver investment advice outside of traditional wirehouse models.

The firm’s product and service offerings include trade execution and clearing, custody services, retirement plan services, model portfolio and advisory platforms, wealth management technology, investment research and product access across equities, fixed income, mutual funds, exchange-traded funds and insurance and annuity solutions.