Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of Trimble Inc. (NASDAQ:TRMB). In a filing disclosed on June 08th, the Representative disclosed that they had sold between $1,001 and $15,000 in Trimble stock on May 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 SoftBank Group (OTCMKTS:SFTBF) on 6/2/2026.
- Purchased $1,001 – $15,000 in shares of Ciena (NYSE:CIEN) on 5/29/2026.
- Sold $1,001 – $15,000 in shares of AutoZone (NYSE:AZO) on 5/29/2026.
- Purchased $1,001 – $15,000 in shares of Independent Bank (NASDAQ:INDB) on 5/29/2026.
- Purchased $1,001 – $15,000 in shares of Arcutis Biotherapeutics (NASDAQ:ARQT) on 5/29/2026.
- Purchased $1,001 – $15,000 in shares of HealthEquity (NASDAQ:HQY) on 5/29/2026.
- Purchased $1,001 – $15,000 in shares of Boston Scientific (NYSE:BSX) on 5/29/2026.
- Purchased $1,001 – $15,000 in shares of Perella Weinberg Partners (NASDAQ:PWP) on 5/29/2026.
- Purchased $1,001 – $15,000 in shares of Cooper Companies (NASDAQ:COO) on 5/29/2026.
- Purchased $1,001 – $15,000 in shares of Ligand Pharmaceuticals (NASDAQ:LGND) on 5/29/2026.
Trimble Price Performance
TRMB stock opened at $50.60 on Thursday. The company has a market capitalization of $11.80 billion, a P/E ratio of 26.63, a price-to-earnings-growth ratio of 1.77 and a beta of 1.38. The company has a debt-to-equity ratio of 0.25, a quick ratio of 0.88 and a current ratio of 1.01. Trimble Inc. has a 52-week low of $50.57 and a 52-week high of $87.50. The business has a 50-day simple moving average of $61.27 and a two-hundred day simple moving average of $69.00.
Insider Activity at Trimble
In related news, VP Mark David Schwartz sold 16,725 shares of the company’s stock in a transaction that occurred on Thursday, April 16th. The stock was sold at an average price of $67.01, for a total value of $1,120,742.25. Following the transaction, the vice president owned 19,668 shares in the company, valued at approximately $1,317,952.68. This represents a 45.96% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Robert G. Painter sold 7,500 shares of the company’s stock in a transaction that occurred on Tuesday, April 14th. The shares were sold at an average price of $66.94, for a total value of $502,050.00. Following the completion of the transaction, the chief executive officer owned 11,897 shares in the company, valued at approximately $796,385.18. The trade was a 38.67% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. 0.59% of the stock is currently owned by corporate insiders.
Hedge Funds Weigh In On Trimble
A number of hedge funds and other institutional investors have recently modified their holdings of TRMB. Wellington Management Group LLP boosted its stake in shares of Trimble by 126.0% in the 4th quarter. Wellington Management Group LLP now owns 6,199,706 shares of the scientific and technical instruments company’s stock worth $485,747,000 after buying an additional 3,455,949 shares during the last quarter. Norges Bank purchased a new position in Trimble in the fourth quarter valued at approximately $213,133,000. Arrowstreet Capital Limited Partnership lifted its stake in Trimble by 487.1% in the first quarter. Arrowstreet Capital Limited Partnership now owns 1,541,598 shares of the scientific and technical instruments company’s stock valued at $100,558,000 after purchasing an additional 1,279,030 shares during the last quarter. Ninety One UK Ltd purchased a new position in Trimble in the fourth quarter valued at approximately $67,741,000. Finally, Renaissance Technologies LLC lifted its stake in Trimble by 487.9% in the first quarter. Renaissance Technologies LLC now owns 946,744 shares of the scientific and technical instruments company’s stock valued at $61,756,000 after purchasing an additional 785,700 shares during the last quarter. Hedge funds and other institutional investors own 93.21% of the company’s stock.
Analyst Upgrades and Downgrades
A number of research firms have issued reports on TRMB. Oppenheimer cut their price target on Trimble from $86.00 to $80.00 and set an “outperform” rating for the company in a research note on Thursday, May 7th. Wells Fargo & Company cut their price target on Trimble from $79.00 to $70.00 and set an “overweight” rating for the company in a research note on Thursday, May 7th. Barclays cut their price target on Trimble from $103.00 to $79.00 and set an “overweight” rating for the company in a research note on Friday, May 29th. Piper Sandler cut their target price on Trimble from $97.00 to $87.00 and set an “overweight” rating on the stock in a research note on Wednesday, May 6th. Finally, Zacks Research downgraded Trimble from a “strong-buy” rating to a “hold” rating in a research note on Monday, April 13th. Ten investment analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to MarketBeat, Trimble currently has a consensus rating of “Moderate Buy” and an average target price of $87.33.
Check Out Our Latest Research Report on TRMB
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.
Trimble Company Profile
Trimble Inc (NASDAQ: TRMB) is a technology company that develops hardware, software and services to improve the productivity and connectivity of customers across the construction, agriculture, geospatial, transportation and logistics, and natural resources sectors. The company’s offerings center on advanced positioning technologies — including GNSS/GPS receivers, inertial sensors and laser scanning — integrated with application-specific software and cloud services to enable precise measurement, modeling, machine control and workflow automation for field and office operations.
Trimble’s product portfolio spans surveying and geospatial instruments (total stations, mobile mapping and terrestrial laser scanners), construction solutions (machine control systems, site positioning and estimating), agriculture systems (auto-steer, guidance and application-control platforms), and fleet and transportation telematics.
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