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In recent investment activities, Gilbert Cisneros, the representative for California’s 31st congressional district, has made a series of stock transactions. These transactions were conducted through various investment vehicles, including Bank of America, Pershing Advisor Solutions LLC Brokerage, and Wells Fargo (NYSE:WFC) Advisors, all under the umbrella of the 150 Main Street Trust.
Among the transactions, Cisneros made purchases of common stocks in Agios Pharmaceuticals, Inc. (NASDAQ:AGIO), APi Group Corporation (NYSE:APG), and Microsoft Corporation (NASDAQ:MSFT), each valued between $1,001 and $15,000. According to InvestingPro data, AGIO, with a market cap of $1.87 billion, currently maintains a GOOD financial health score and shows strong liquidity with a current ratio of 8.99. Analysts maintain a bullish outlook on the stock, which appears undervalued based on InvestingPro’s Fair Value analysis.
In addition, he made a notable purchase in CACI International, Inc. Class A Common Stock (NYSE:CACI) valued between $15,001 and $50,000. Another significant transaction was the purchase of Hawaiian Electric Industries, Inc. Common Stock (NYSE:HE), valued between $50,001 and $100,000.
Cisneros also purchased options in Broadcom Inc. - Common Stock (NASDAQ:AVGO) and Constellation Brands, Inc. Common Stock (NYSE:STZ), each valued between $1,001 and $15,000. The Broadcom option has a strike price of $215 and expires in February 2025, while the Constellation Brands option has a strike price of $205 and expires in January 2025.
On the selling side, Cisneros sold shares in Airbnb, Inc. - Class A Common Stock (NASDAQ:ABNB), Boeing Company (NYSE:BA), and Broadcom Inc. - Common Stock (NASDAQ:AVGO), each valued between $1,001 and $15,000. He also partially sold shares in DENTSPLY SIRONA Inc. - Common Stock (NASDAQ:XRAY) and Johnson & Johnson Common Stock (NYSE:JNJ), each within the same value range.
In addition to these transactions, Cisneros sold U.S. Treasury Bills (CBOE:GS) valued between $250,001 and $500,000.
These transactions reflect the active investment approach of the representative, who continues to diversify his portfolio through various stocks and investment vehicles. For investors seeking deeper insights, InvestingPro reveals that AGIO has achieved 37% revenue growth in the last twelve months, with 8 additional ProTips available to subscribers through the platform’s comprehensive research reports covering 1,400+ US equities.
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