Rep. Gilbert Ray Cisneros, Jr. Sells Walgreens Boots Alliance, Inc. (NASDAQ:WBA) Shares

Representative Gilbert Ray Cisneros, Jr. (D-California) recently sold shares of Walgreens Boots Alliance, Inc. (NASDAQ:WBA). In a filing disclosed on March 06th, the Representative disclosed that they had sold between $1,001 and $15,000 in Walgreens Boots Alliance stock on February 26th. 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 Sterling Infrastructure NASDAQ: STRL on 3/3/2025.
• Purchased $1,001 - $15,000 in shares of Hillman Solutions NASDAQ: HLMN on 3/3/2025.
• Sold $1,001 - $15,000 in shares of Ford Motor NYSE: F on 2/26/2025.
• Purchased $1,001 - $15,000 in shares of Uber Technologies NYSE: UBER on 2/26/2025.
• Sold $15,001 - $50,000 in shares of UnitedHealth Group NYSE: UNH on 2/26/2025.
• Purchased $15,001 - $50,000 in shares of Microsoft NASDAQ: MSFT on 2/26/2025.
• Sold $1,001 - $15,000 in shares of General Motors NYSE: GM on 2/26/2025.
• Purchased $1,001 - $15,000 in shares of Tesla NASDAQ: TSLA on 2/26/2025.
• Sold $1,001 - $15,000 in shares of Akamai Technologies NASDAQ: AKAM on 2/26/2025.
• Sold $1,001 - $15,000 in shares of Danaher NYSE: DHR on 2/26/2025.

Walgreens Boots Alliance Price Performance

Shares of WBA traded up $0.79 during trading hours on Friday, reaching $11.39. 104,296,003 shares of the company traded hands, compared to its average volume of 20,347,466. The company has a quick ratio of 0.30, a current ratio of 0.64 and a debt-to-equity ratio of 0.68. The stock has a market capitalization of $9.84 billion, a PE ratio of -1.11, a price-to-earnings-growth ratio of 1.31 and a beta of 0.62. Walgreens Boots Alliance, Inc. has a fifty-two week low of $8.08 and a fifty-two week high of $22.05. The stock has a fifty day simple moving average of $10.64 and a 200 day simple moving average of $9.73.

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Walgreens Boots Alliance (NASDAQ:WBA - Get Free Report) last posted its quarterly earnings data on Friday, January 10th. The pharmacy operator reported $0.51 EPS for the quarter, beating analysts' consensus estimates of $0.38 by $0.13. The business had revenue of $39.50 billion for the quarter, compared to analyst estimates of $37.40 billion. Walgreens Boots Alliance had a positive return on equity of 17.61% and a negative net margin of 5.87%. The business's revenue for the quarter was up 7.6% compared to the same quarter last year. During the same quarter last year, the company earned $0.66 earnings per share. As a group, research analysts predict that Walgreens Boots Alliance, Inc. will post 1.6 EPS for the current fiscal year.

Institutional Investors Weigh In On Walgreens Boots Alliance

Several hedge funds have recently modified their holdings of WBA. Stephens Inc. AR raised its holdings in shares of Walgreens Boots Alliance by 94.0% during the 3rd quarter. Stephens Inc. AR now owns 30,090 shares of the pharmacy operator's stock valued at $270,000 after buying an additional 14,581 shares during the period. Farther Finance Advisors LLC increased its holdings in Walgreens Boots Alliance by 56.0% during the 3rd quarter. Farther Finance Advisors LLC now owns 5,831 shares of the pharmacy operator's stock worth $52,000 after purchasing an additional 2,094 shares during the last quarter. Van ECK Associates Corp increased its holdings in Walgreens Boots Alliance by 21.3% during the 3rd quarter. Van ECK Associates Corp now owns 322,984 shares of the pharmacy operator's stock worth $3,019,000 after purchasing an additional 56,725 shares during the last quarter. Forum Financial Management LP purchased a new stake in Walgreens Boots Alliance during the 3rd quarter worth approximately $103,000. Finally, Asset Management One Co. Ltd. increased its holdings in Walgreens Boots Alliance by 9.2% during the 3rd quarter. Asset Management One Co. Ltd. now owns 393,500 shares of the pharmacy operator's stock worth $3,526,000 after purchasing an additional 33,253 shares during the last quarter. 58.59% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of analysts recently commented on the company. Evercore ISI increased their price objective on Walgreens Boots Alliance from $9.00 to $12.00 and gave the company an "in-line" rating in a research note on Monday, January 13th. Truist Financial decreased their price target on Walgreens Boots Alliance from $13.00 to $12.00 and set a "hold" rating on the stock in a research note on Friday, January 31st. Royal Bank of Canada raised their price objective on Walgreens Boots Alliance from $9.00 to $12.00 and gave the stock a "sector perform" rating in a report on Wednesday, January 15th. Deutsche Bank Aktiengesellschaft downgraded Walgreens Boots Alliance from a "hold" rating to a "sell" rating and cut their price objective for the stock from $11.00 to $9.00 in a report on Friday, February 28th. Finally, Bank of America raised their price objective on Walgreens Boots Alliance from $7.50 to $8.50 and gave the stock an "underperform" rating in a report on Monday, January 13th. Four equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Hold" and an average target price of $11.54.

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 Walgreens Boots Alliance

Walgreens Boots Alliance, Inc operates as a healthcare, pharmacy, and retail company in the United States, the United Kingdom, Germany, and internationally. It operates through three segments: U.S. Retail Pharmacy, International, and U.S. Healthcare. The U.S. Retail Pharmacy segment engages in operation of the retail drugstores, health and wellness services, specialty, and home delivery pharmacy services, which offers health and wellness, beauty, personal care and consumables, and general merchandise.