Rep. Gilbert Ray Cisneros, Jr. Purchases Shares of FirstService Corporation (NASDAQ:FSV)

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of FirstService Corporation (NASDAQ:FSV). In a filing disclosed on September 10th, the Representative disclosed that they had bought between $1,001 and $15,000 in FirstService stock on August 19th. 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 DoorDash (NASDAQ:DASH) on 8/28/2026.
• Purchased $15,001 – $50,000 in shares of Quanta Services (NYSE:PWR) on 8/27/2026.
• Purchased $15,001 – $50,000 in shares of Eaton (NYSE:ETN) on 8/27/2026.
• Sold $15,001 – $50,000 in shares of NIKE (NYSE:NKE) on 8/27/2026.
• Sold $1,001 – $15,000 in shares of Phreesia (NYSE:PHR) on 8/26/2026.
• Purchased $1,001 – $15,000 in shares of Wheaton Precious Metals (NYSE:WPM) on 8/26/2026.
• Purchased $1,001 – $15,000 in shares of Walmart (NASDAQ:WMT) on 8/26/2026.
• Purchased $1,001 – $15,000 in shares of The Goldman Sachs Group (NYSE:GS) on 8/26/2026.
• Sold $15,001 – $50,000 in shares of Lamar Advertising (NASDAQ:LAMR) on 8/25/2026.
• Sold $1,001 – $15,000 in shares of Phreesia (NYSE:PHR) on 8/25/2026.

FirstService Trading Up 1.3%

FSV stock traded up $1.77 during trading on Friday, hitting $137.78. The company had a trading volume of 206,673 shares, compared to its average volume of 214,278. FirstService Corporation has a 52-week low of $119.41 and a 52-week high of $208.75. The company has a 50 day simple moving average of $142.36 and a 200-day simple moving average of $141.43. The firm has a market capitalization of $6.02 billion, a P/E ratio of 39.03, a PEG ratio of 3.01 and a beta of 0.93. The company has a quick ratio of 1.63, a current ratio of 1.63 and a debt-to-equity ratio of 1.03.

FirstService (NASDAQ:FSV) (TSE:FSV) last posted its quarterly earnings results on Thursday, July 23rd. The financial services provider reported $1.75 earnings per share for the quarter, beating the consensus estimate of $1.71 by $0.04. FirstService had a net margin of 2.88% and a return on equity of 18.07%. The firm had revenue of $1.44 billion during the quarter, compared to the consensus estimate of $1.44 billion. During the same quarter in the previous year, the firm posted $1.71 earnings per share. The company’s revenue was up 2.4% on a year-over-year basis. As a group, research analysts forecast that FirstService Corporation will post 5.61 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the company. Goldman Sachs Group Inc. lifted its position in FirstService by 79.5% during the first quarter. Goldman Sachs Group Inc. now owns 318,648 shares of the financial services provider’s stock valued at $52,880,000 after acquiring an additional 141,152 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in FirstService by 40.3% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 59,389 shares of the financial services provider’s stock worth $9,856,000 after purchasing an additional 17,072 shares during the last quarter. Strs Ohio acquired a new position in shares of FirstService during the first quarter worth $38,000. Cetera Investment Advisers increased its position in shares of FirstService by 55.3% during the second quarter. Cetera Investment Advisers now owns 2,599 shares of the financial services provider’s stock worth $454,000 after purchasing an additional 925 shares in the last quarter. Finally, EverSource Wealth Advisors LLC lifted its holdings in shares of FirstService by 400.0% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 365 shares of the financial services provider’s stock valued at $64,000 after purchasing an additional 292 shares during the last quarter. Hedge funds and other institutional investors own 69.35% of the company’s stock.

Analysts Set New Price Targets

FSV has been the topic of a number of research reports. Wall Street Zen downgraded shares of FirstService from a “buy” rating to a “hold” rating in a research report on Saturday, August 1st. TD Cowen reaffirmed a “buy” rating and issued a $204.00 price target on shares of FirstService in a research report on Wednesday, June 3rd. BMO Capital Markets cut their price objective on shares of FirstService from $199.00 to $192.00 and set an “outperform” rating on the stock in a report on Friday, July 24th. Canadian Imperial Bank of Commerce reissued an “outperform” rating and issued a $175.00 price objective on shares of FirstService in a research note on Friday, July 24th. Finally, Weiss Ratings restated a “hold (c-)” rating on shares of FirstService in a report on Wednesday, August 26th. Eight analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $184.20.

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.

FirstService Company Profile

FirstService Corporation is a property services company serving residential and commercial property owners, residents, and businesses primarily in the United States and Canada. The company operates through two main divisions: FirstService Residential and FirstService Brands.

FirstService Residential provides property management services for condominium, cooperative, homeowners, and other residential communities. Its services include community association management, property maintenance, financial administration, compliance support, and resident services.

FirstService Brands operates a network of service businesses that support property repair, maintenance, improvement, and restoration.