Rep. Gilbert Ray Cisneros, Jr. Purchases Shares of LPL Financial Holdings Inc. (NASDAQ:LPLA)

Representative Gilbert Ray Cisneros, Jr. (D-California) recently bought shares of LPL Financial Holdings Inc. (NASDAQ:LPLA). In a filing disclosed on January 12th, the Representative disclosed that they had bought between $1,001 and $15,000 in LPL Financial stock on December 10th. 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 Xiaomi (OTCMKTS:XIACF) on 12/30/2025.
• Sold $1,001 – $15,000 in shares of Schneider Electric S.E. (OTCMKTS:SBGSF) on 12/30/2025.
• Sold $1,001 – $15,000 in shares of Hermès International Société en commandite par actions (OTCMKTS:HESAF) on 12/30/2025.
• Purchased $50,001 – $100,000 in shares of Campbell’s (NASDAQ:CPB) on 12/30/2025.
• Sold $1,001 – $15,000 in shares of Tencent (OTC:TCTZF) on 12/30/2025.
• Sold $1,001 – $15,000 in shares of Mitsubishi Heavy Industries (OTCMKTS:MHVYF) on 12/26/2025.
• Sold $1,001 – $15,000 in shares of Bloom Energy (NYSE:BE) on 12/24/2025.
• Sold $1,001 – $15,000 in shares of Arista Networks (NYSE:ANET) on 12/24/2025.
• Sold $1,001 – $15,000 in shares of Coinbase Global (NASDAQ:COIN) on 12/24/2025.
• Sold $1,001 – $15,000 in shares of Chevron (NYSE:CVX) on 12/24/2025.

LPL Financial Stock Performance

NASDAQ LPLA traded up $7.41 during midday trading on Wednesday, hitting $371.82. The company had a trading volume of 493,154 shares, compared to its average volume of 562,533. The firm has a fifty day simple moving average of $365.22 and a two-hundred day simple moving average of $358.98. The company has a quick ratio of 2.60, a current ratio of 2.60 and a debt-to-equity ratio of 1.49. The stock has a market cap of $29.76 billion, a price-to-earnings ratio of 34.24, a P/E/G ratio of 0.76 and a beta of 0.57. LPL Financial Holdings Inc. has a fifty-two week low of $262.83 and a fifty-two week high of $403.58.

LPL Financial (NASDAQ:LPLA) last released its quarterly earnings data on Thursday, October 30th. The financial services provider reported $5.20 EPS for the quarter, topping analysts’ consensus estimates of $4.49 by $0.71. The company had revenue of $4.55 billion during the quarter, compared to the consensus estimate of $4.08 billion. LPL Financial had a net margin of 5.35% and a return on equity of 36.80%. The firm’s revenue for the quarter was up 46.4% compared to the same quarter last year. During the same period last year, the firm earned $4.16 EPS. Equities analysts forecast that LPL Financial Holdings Inc. will post 19.35 earnings per share for the current fiscal year.

LPL Financial Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, December 1st. Stockholders of record on Thursday, November 13th were given a $0.30 dividend. This represents a $1.20 annualized dividend and a dividend yield of 0.3%. The ex-dividend date of this dividend was Thursday, November 13th. LPL Financial’s dividend payout ratio is currently 11.05%.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. increased its holdings in LPL Financial by 4.0% in the third quarter. Vanguard Group Inc. now owns 8,303,768 shares of the financial services provider’s stock valued at $2,762,581,000 after purchasing an additional 317,002 shares during the period. Boston Partners boosted its position in shares of LPL Financial by 4.7% during the 2nd quarter. Boston Partners now owns 3,679,484 shares of the financial services provider’s stock worth $1,379,598,000 after purchasing an additional 165,201 shares in the last quarter. Dodge & Cox grew its stake in LPL Financial by 23.2% in the third quarter. Dodge & Cox now owns 3,329,255 shares of the financial services provider’s stock valued at $1,107,610,000 after acquiring an additional 627,546 shares during the period. Massachusetts Financial Services Co. MA grew its position in LPL Financial by 32.8% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 3,242,353 shares of the financial services provider’s stock valued at $1,078,698,000 after purchasing an additional 800,171 shares during the period. Finally, Capital World Investors grew its holdings in shares of LPL Financial by 15,960.1% during the third quarter. Capital World Investors now owns 2,628,551 shares of the financial services provider’s stock valued at $874,493,000 after buying an additional 2,612,184 shares during the last quarter. 95.66% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the company. JPMorgan Chase & Co. decreased their price objective on LPL Financial from $440.00 to $433.00 and set an “overweight” rating for the company in a research note on Tuesday. Wolfe Research set a $486.00 price target on shares of LPL Financial in a report on Wednesday, January 7th. TD Cowen dropped their target price on LPL Financial from $410.00 to $399.00 and set a “hold” rating on the stock in a research report on Wednesday. BMO Capital Markets started coverage on LPL Financial in a research report on Friday, October 3rd. They issued an “outperform” rating and a $365.00 target price on the stock. Finally, Rothschild & Co Redburn downgraded shares of LPL Financial from a “buy” rating to a “neutral” rating and set a $390.00 target price on the stock. in a report on Friday, September 19th. One equities research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat, LPL Financial currently has a consensus rating of “Moderate Buy” and a consensus target price of $429.07.

Insider Activity at LPL Financial

In other LPL Financial news, CEO Richard Steinmeier sold 5,058 shares of the firm’s stock in a transaction on Friday, December 5th. The stock was sold at an average price of $370.99, for a total value of $1,876,467.42. Following the completion of the sale, the chief executive officer directly owned 9,326 shares of the company’s stock, valued at $3,459,852.74. This trade represents a 35.16% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, Director Greg Gates sold 1,500 shares of LPL Financial stock in a transaction dated Wednesday, November 5th. The stock was sold at an average price of $376.43, for a total value of $564,645.00. Following the completion of the sale, the director directly owned 15,370 shares of the company’s stock, valued at approximately $5,785,729.10. This trade represents a 8.89% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 7,388 shares of company stock valued at $2,747,538 over the last 90 days. Insiders own 1.30% 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.

About LPL Financial

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.