Rep. Gilbert Ray Cisneros, Jr. Buys Utz Brands, Inc. (NYSE:UTZ) Shares

Representative Gilbert Ray Cisneros, Jr. (D-California) recently bought shares of Utz Brands, Inc. (NYSE:UTZ). In a filing disclosed on April 07th, the Representative disclosed that they had bought between $1,001 and $15,000 in Utz Brands stock on March 24th. 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 $15,001 – $50,000 in shares of PTC (NASDAQ:PTC) on 4/1/2025.
• Sold $1,001 – $15,000 in shares of W. R. Berkley (NYSE:WRB) on 4/1/2025.
• Sold $15,001 – $50,000 in shares of GoDaddy (NYSE:GDDY) on 4/1/2025.
• Purchased $1,001 – $15,000 in shares of Ford Motor (NYSE:F) on 3/31/2025.
• Sold $15,001 – $50,000 in shares of Microsoft (NASDAQ:MSFT) on 3/31/2025.
• Sold $15,001 – $50,000 in shares of Pfizer (NYSE:PFE) on 3/31/2025.
• Purchased $1,001 – $15,000 in shares of Boeing (NYSE:BA) on 3/31/2025.
• Sold $1,001 – $15,000 in shares of Hologic (NASDAQ:HOLX) on 3/31/2025.
• Sold $15,001 – $50,000 in shares of Merck & Co., Inc. (NYSE:MRK) on 3/31/2025.
• Sold $1,001 – $15,000 in shares of Tesla (NASDAQ:TSLA) on 3/31/2025.

Utz Brands Stock Performance

UTZ traded down $0.16 on Wednesday, hitting $12.43. 170,016 shares of the company’s stock were exchanged, compared to its average volume of 834,645. The company has a current ratio of 1.21, a quick ratio of 0.85 and a debt-to-equity ratio of 0.56. The stock has a fifty day moving average of $13.65 and a two-hundred day moving average of $15.37. Utz Brands, Inc. has a twelve month low of $12.14 and a twelve month high of $20.04. The firm has a market cap of $1.76 billion, a PE ratio of 69.03, a P/E/G ratio of 0.86 and a beta of 1.10.

Utz Brands (NYSE:UTZ) last issued its earnings results on Thursday, February 20th. The company reported $0.22 earnings per share for the quarter, topping the consensus estimate of $0.19 by $0.03. Utz Brands had a return on equity of 7.92% and a net margin of 1.13%. The firm had revenue of $341.05 million for the quarter, compared to analyst estimates of $349.93 million. During the same period last year, the company earned $0.16 earnings per share. On average, research analysts anticipate that Utz Brands, Inc. will post 0.85 earnings per share for the current fiscal year.

Utz Brands Cuts Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 24th. Stockholders of record on Monday, April 7th will be issued a $0.011 dividend. This represents a $0.04 annualized dividend and a dividend yield of 0.35%. The ex-dividend date of this dividend is Monday, April 7th. Utz Brands’s dividend payout ratio (DPR) is presently 133.33%.

Hedge Funds Weigh In On Utz Brands

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Newton One Investments LLC acquired a new position in shares of Utz Brands during the fourth quarter valued at about $26,000. Venturi Wealth Management LLC acquired a new stake in shares of Utz Brands during the 4th quarter worth approximately $54,000. Tower Research Capital LLC TRC increased its position in shares of Utz Brands by 112.7% during the fourth quarter. Tower Research Capital LLC TRC now owns 7,697 shares of the company’s stock valued at $121,000 after purchasing an additional 4,078 shares during the period. Moody National Bank Trust Division acquired a new position in shares of Utz Brands in the fourth quarter valued at $169,000. Finally, Parallel Advisors LLC lifted its position in Utz Brands by 38.9% in the first quarter. Parallel Advisors LLC now owns 12,904 shares of the company’s stock worth $182,000 after purchasing an additional 3,616 shares during the period. Institutional investors own 95.97% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently commented on the company. Mizuho lowered their target price on Utz Brands from $21.00 to $19.00 and set an “outperform” rating on the stock in a research report on Monday, February 10th. DA Davidson lowered their price target on Utz Brands from $18.00 to $16.00 and set a “neutral” rating on the stock in a research report on Monday, February 24th. Barclays reduced their price objective on shares of Utz Brands from $19.00 to $17.00 and set an “overweight” rating for the company in a research report on Friday, January 17th. TD Cowen dropped their price target on Utz Brands from $21.00 to $17.00 and set a “buy” rating on the stock in a report on Wednesday, January 8th. Finally, Royal Bank of Canada dropped their price target on Utz Brands from $23.00 to $20.00 and set an “outperform” rating on the stock in a research note on Monday, February 24th. One investment analyst has rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $19.25.

Insiders Place Their Bets

In other Utz Brands news, CEO Howard A. Friedman bought 3,525 shares of the stock in a transaction that occurred on Monday, February 24th. The shares were acquired at an average price of $14.16 per share, with a total value of $49,914.00. Following the completion of the purchase, the chief executive officer now directly owns 265,729 shares in the company, valued at $3,762,722.64. The trade was a 1.34 % increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider Cc Collier Holdings, Llc sold 496,038 shares of the firm’s stock in a transaction dated Thursday, March 6th. The stock was sold at an average price of $13.40, for a total transaction of $6,646,909.20. The disclosure for this sale can be found here. Corporate insiders own 16.32% of the company’s stock.

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.

Utz Brands Company Profile

Utz Brands, Inc engages in manufacture, marketing, and distribution of snack foods. It offers a range of salty snacks, including salty snacks, including potato chips, tortilla chips, pretzels, cheese snacks, pork skins, veggie snacks, pub/party mixes, tortilla chips, salsa and dips, ready-to-eat popcorn, and other snacks under the Utz, Zapp’s, ON THE BORDER, Golden Flake, Boulder Canyon, Hawaiian, TORTIYAHS!, etc.