Rep. Gilbert Ray Cisneros, Jr. Purchases Shares of The Boeing Company (NYSE:BA)

Representative Gilbert Ray Cisneros, Jr. (D-California) recently bought shares of The Boeing Company (NYSE:BA). In a filing disclosed on April 07th, the Representative disclosed that they had bought between $1,001 and $15,000 in Boeing stock on March 31st. 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.
• 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.
• Sold $1,001 - $15,000 in shares of Viatris NASDAQ: VTRS on 3/31/2025.

Boeing Stock Performance

Shares of NYSE BA traded up $1.43 during mid-day trading on Friday, reaching $156.95. The company's stock had a trading volume of 8,802,630 shares, compared to its average volume of 9,020,386. The stock has a market capitalization of $117.73 billion, a P/E ratio of -8.57 and a beta of 1.24. The Boeing Company has a 1-year low of $128.88 and a 1-year high of $196.95. The stock has a 50-day moving average of $168.68 and a two-hundred day moving average of $163.94.

Boeing (NYSE:BA - Get Free Report) last released its quarterly earnings data on Tuesday, January 28th. The aircraft producer reported ($5.90) EPS for the quarter, missing analysts' consensus estimates of ($1.60) by ($4.30). During the same quarter in the prior year, the business posted ($0.47) EPS. Analysts predict that The Boeing Company will post -2.58 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities analysts recently commented on BA shares. Susquehanna boosted their price objective on Boeing from $200.00 to $205.00 and gave the stock a "positive" rating in a research note on Wednesday, January 29th. Royal Bank of Canada reissued an "outperform" rating and set a $200.00 price target on shares of Boeing in a research report on Wednesday, January 29th. UBS Group raised their price objective on shares of Boeing from $208.00 to $217.00 and gave the stock a "buy" rating in a research report on Wednesday, January 29th. Barclays upgraded shares of Boeing from an "equal weight" rating to an "overweight" rating and boosted their target price for the company from $190.00 to $210.00 in a report on Monday, January 6th. Finally, Melius upgraded shares of Boeing from a "hold" rating to a "buy" rating in a report on Monday, March 24th. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating, fourteen have given a buy rating and two have given a strong buy rating to the company. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $196.10.

Insider Buying and Selling at Boeing

In other news, EVP Uma M. Amuluru sold 3,159 shares of the company's stock in a transaction dated Thursday, February 20th. The shares were sold at an average price of $180.69, for a total value of $570,799.71. Following the completion of the sale, the executive vice president now directly owns 19,213 shares of the company's stock, valued at approximately $3,471,596.97. This represents a 14.12 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 0.09% of the stock is owned by company insiders.

Institutional Trading of Boeing

Hedge funds and other institutional investors have recently bought and sold shares of the business. Perkins Coie Trust Co lifted its position in shares of Boeing by 0.4% during the 1st quarter. Perkins Coie Trust Co now owns 42,643 shares of the aircraft producer's stock worth $7,273,000 after buying an additional 153 shares during the last quarter. Blue Zone Wealth Advisors LLC increased its position in shares of Boeing by 11.6% during the first quarter. Blue Zone Wealth Advisors LLC now owns 24,056 shares of the aircraft producer's stock worth $4,103,000 after purchasing an additional 2,492 shares in the last quarter. Radnor Capital Management LLC purchased a new stake in shares of Boeing in the 1st quarter valued at about $882,000. Impact Capital Partners LLC purchased a new position in Boeing during the 1st quarter worth approximately $213,000. Finally, Horizon Wealth Management LLC increased its position in Boeing by 24.8% during the first quarter. Horizon Wealth Management LLC now owns 5,397 shares of the aircraft producer's stock worth $920,000 after buying an additional 1,073 shares during the period. 64.82% of the stock is currently owned by institutional investors and hedge funds.

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 Boeing

The Boeing Company, together with its subsidiaries, designs, develops, manufactures, sells, services, and supports commercial jetliners, military aircraft, satellites, missile defense, human space flight and launch systems, and services worldwide. The company operates through Commercial Airplanes; Defense, Space & Security; and Global Services segments.