Rep. Gilbert Ray Cisneros, Jr. Sells Off Conagra Brands (NYSE:CAG) Shares

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of Conagra Brands (NYSE:CAG). In a filing disclosed on July 02nd, the Representative disclosed that they had sold between $15,001 and $50,000 in Conagra Brands stock on June 16th. 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.

Conagra Brands Price Performance

Shares of NYSE CAG traded down $0.01 during mid-day trading on Friday, reaching $14.34. The company had a trading volume of 14,562,169 shares, compared to its average volume of 23,630,592. The company has a debt-to-equity ratio of 0.79, a quick ratio of 0.30 and a current ratio of 0.90. Conagra Brands has a one year low of $12.53 and a one year high of $21.27. The firm has a market cap of $6.86 billion, a price-to-earnings ratio of -143.34 and a beta of -0.02. The business’s 50-day simple moving average is $13.64 and its 200 day simple moving average is $15.95.

Conagra Brands (NYSE:CAGGet Free Report) last posted its quarterly earnings data on Wednesday, April 1st. The company reported $0.39 earnings per share for the quarter, missing the consensus estimate of $0.40 by ($0.01). The firm had revenue of $2.79 billion for the quarter, compared to the consensus estimate of $2.76 billion. Conagra Brands had a positive return on equity of 10.15% and a negative net margin of 0.39%.The company’s revenue for the quarter was down 1.9% compared to the same quarter last year. During the same period in the prior year, the company earned $0.51 EPS. On average, research analysts predict that Conagra Brands will post 1.7 earnings per share for the current fiscal year.

Insider Transactions at Conagra Brands

In other news, Director Richard H. Lenny bought 25,000 shares of the firm’s stock in a transaction that occurred on Tuesday, April 14th. The stock was acquired at an average cost of $14.34 per share, with a total value of $358,500.00. Following the transaction, the director directly owned 229,340 shares of the company’s stock, valued at approximately $3,288,735.60. This represents a 12.23% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director John J. Mulligan purchased 17,500 shares of the company’s stock in a transaction that occurred on Tuesday, April 14th. The shares were purchased at an average cost of $14.31 per share, for a total transaction of $250,425.00. Following the completion of the purchase, the director owned 20,728 shares in the company, valued at $296,617.68. This trade represents a 542.13% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders own 0.57% of the company’s stock.

Institutional Investors Weigh In On Conagra Brands

Institutional investors and hedge funds have recently made changes to their positions in the stock. WealthPlan Investment Management LLC lifted its position in shares of Conagra Brands by 5.3% during the 4th quarter. WealthPlan Investment Management LLC now owns 10,920 shares of the company’s stock valued at $189,000 after acquiring an additional 548 shares during the period. International Private Wealth Advisors LLC raised its holdings in shares of Conagra Brands by 4.9% during the fourth quarter. International Private Wealth Advisors LLC now owns 13,153 shares of the company’s stock valued at $228,000 after purchasing an additional 609 shares during the period. All Terrain Financial Advisors LLC boosted its position in shares of Conagra Brands by 0.3% during the 4th quarter. All Terrain Financial Advisors LLC now owns 176,971 shares of the company’s stock worth $3,063,000 after purchasing an additional 609 shares in the last quarter. Blair William & Co. IL boosted its position in shares of Conagra Brands by 0.5% during the 3rd quarter. Blair William & Co. IL now owns 136,235 shares of the company’s stock worth $2,494,000 after purchasing an additional 633 shares in the last quarter. Finally, Jackson Hole Capital Partners LLC grew its stake in shares of Conagra Brands by 4.1% in the 4th quarter. Jackson Hole Capital Partners LLC now owns 17,960 shares of the company’s stock valued at $311,000 after buying an additional 701 shares during the period. Institutional investors and hedge funds own 83.75% of the company’s stock.

Analyst Ratings Changes

Several brokerages recently weighed in on CAG. Sanford C. Bernstein restated an “underperform” rating and set a $12.00 price objective (down from $16.00) on shares of Conagra Brands in a research report on Wednesday, June 3rd. BNP Paribas Exane decreased their target price on Conagra Brands from $16.00 to $14.00 and set a “neutral” rating on the stock in a research report on Thursday, May 21st. Wells Fargo & Company lowered their target price on Conagra Brands from $14.00 to $13.00 and set an “underweight” rating for the company in a research note on Monday, May 18th. Morgan Stanley dropped their target price on shares of Conagra Brands from $15.00 to $13.00 and set an “equal weight” rating for the company in a report on Friday, June 5th. Finally, Stifel Nicolaus reduced their price target on shares of Conagra Brands from $17.00 to $15.00 and set a “hold” rating on the stock in a research note on Tuesday, April 21st. One equities research analyst has rated the stock with a Buy rating, eleven have assigned a Hold rating and six have assigned a Sell rating to the stock. According to MarketBeat.com, Conagra Brands presently has a consensus rating of “Reduce” and an average target price of $14.13.

Get Our Latest Research Report on Conagra Brands

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.

Conagra Brands Company Profile

(Get Free Report)

Conagra Brands, Inc is a leading packaged foods company based in Chicago, Illinois, with a broad portfolio of shelf-stable, frozen and refrigerated foods marketed under familiar brands. The company develops, produces and distributes a wide range of consumer food products, serving both retail grocery and foodservice channels. Conagra’s product lineup includes frozen entrees, snacks, condiments, baking goods and desserts, providing convenient meal solutions for consumers across North America and select international markets.

Among its well-known brands are Birds Eye, Healthy Choice, Lean Cuisine, Marie Callender’s and Banquet in the frozen foods category, as well as Hunt’s sauces, Orville Redenbacher’s popcorn, Slim Jim meat snacks and Reddi-wip toppings.

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