Utz Brands (NYSE:UTZ) Stock Acquired Rep. Gilbert Ray Cisneros, Jr.

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 Price Performance

Shares of Utz Brands stock traded up $0.31 during mid-day trading on Friday, reaching $13.19. 1,293,410 shares of the stock were exchanged, compared to its average volume of 845,217. Utz Brands, Inc. has a fifty-two week low of $12.15 and a fifty-two week high of $20.04. The company has a market cap of $1.86 billion, a price-to-earnings ratio of 73.25, a price-to-earnings-growth ratio of 0.86 and a beta of 1.10. The firm has a 50-day simple moving average of $13.62 and a 200 day simple moving average of $15.25. The company has a current ratio of 1.21, a quick ratio of 0.85 and a debt-to-equity ratio of 0.56.

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Utz Brands (NYSE:UTZ - Get Free Report) last announced its earnings results on Thursday, February 20th. The company reported $0.22 EPS for the quarter, topping the consensus estimate of $0.19 by $0.03. The company had revenue of $341.05 million for the quarter, compared to analysts' expectations of $349.93 million. Utz Brands had a return on equity of 7.92% and a net margin of 1.13%. During the same quarter in the prior year, the business earned $0.16 earnings per share. On average, sell-side analysts predict that Utz Brands, Inc. will post 0.85 EPS for the current fiscal year.

Utz Brands Cuts Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 24th. Shareholders of record on Monday, April 7th will be given a $0.011 dividend. This represents a $0.04 dividend on an annualized basis and a yield of 0.33%. The ex-dividend date is Monday, April 7th. Utz Brands's dividend payout ratio (DPR) is 133.33%.

Analyst Ratings Changes

Several analysts have recently commented on UTZ shares. Barclays decreased their price target on shares of Utz Brands from $19.00 to $17.00 and set an "overweight" rating on the stock in a research note on Friday, January 17th. Royal Bank of Canada lowered their target price on Utz Brands from $23.00 to $20.00 and set an "outperform" rating for the company in a research note on Monday, February 24th. Piper Sandler cut their price target on Utz Brands from $24.00 to $20.00 and set an "overweight" rating on the stock in a research note on Thursday, January 16th. Mizuho lowered their price objective on Utz Brands from $21.00 to $19.00 and set an "outperform" rating for the company in a research report on Monday, February 10th. Finally, TD Cowen cut their target price on shares of Utz Brands from $21.00 to $17.00 and set a "buy" rating on the stock in a research report on Wednesday, January 8th. One investment analyst has rated the stock with a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $19.25.

Insider Activity

In related 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 transaction, the chief executive officer now owns 265,729 shares in the company, valued at $3,762,722.64. The trade was a 1.34 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Cc Collier Holdings, Llc sold 496,038 shares of the stock in a transaction that occurred on Thursday, March 6th. The shares were sold at an average price of $13.40, for a total value of $6,646,909.20. The disclosure for this sale can be found here. Corporate insiders own 16.32% of the company's stock.

Institutional Trading of Utz Brands

Large investors have recently bought and sold shares of the business. Newton One Investments LLC acquired a new position in shares of Utz Brands in the fourth quarter valued at approximately $26,000. Venturi Wealth Management LLC acquired a new position in Utz Brands in the 4th quarter worth $54,000. Tower Research Capital LLC TRC increased its holdings in Utz Brands by 112.7% during the 4th quarter. Tower Research Capital LLC TRC now owns 7,697 shares of the company's stock worth $121,000 after purchasing an additional 4,078 shares in the last quarter. Moody National Bank Trust Division acquired a new stake in shares of Utz Brands in the 4th quarter valued at about $169,000. Finally, Freestone Grove Partners LP bought a new stake in shares of Utz Brands in the fourth quarter valued at about $183,000. 95.97% of the stock is owned by institutional investors.

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.