Rep. Gilbert Ray Cisneros, Jr. Sells Off Shares of Charter Communications, Inc. (NASDAQ:CHTR)

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of Charter Communications, Inc. (NASDAQ:CHTR). In a filing disclosed on May 08th, the Representative disclosed that they had sold between $1,001 and $15,000 in Charter Communications stock on April 14th. 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 Revvity (NYSE:RVTY) on 5/1/2026.
• Sold $1,001 – $15,000 in shares of Flex (NASDAQ:FLEX) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of LPL Financial (NASDAQ:LPLA) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of FirstService (NASDAQ:FSV) on 5/1/2026.
• Sold $1,001 – $15,000 in shares of SS&C Technologies (NASDAQ:SSNC) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of Wayfair (NYSE:W) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of STERIS (NYSE:STE) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of DoorDash (NASDAQ:DASH) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of Sensata Technologies (NYSE:ST) on 5/1/2026.
• Purchased $1,001 – $15,000 in shares of Veralto (NYSE:VLTO) on 5/1/2026.

Charter Communications Trading Up 0.1%

CHTR traded up $0.13 during trading on Tuesday, reaching $147.92. 2,469,785 shares of the company’s stock were exchanged, compared to its average volume of 2,327,914. The company’s fifty day moving average price is $211.82 and its 200-day moving average price is $212.46. The firm has a market capitalization of $18.19 billion, a PE ratio of 3.99, a P/E/G ratio of 0.27 and a beta of 0.76. Charter Communications, Inc. has a fifty-two week low of $146.00 and a fifty-two week high of $437.06. The company has a debt-to-equity ratio of 4.56, a quick ratio of 0.40 and a current ratio of 0.40.

Charter Communications (NASDAQ:CHTR) last posted its quarterly earnings results on Friday, April 24th. The company reported $9.17 earnings per share for the quarter, missing analysts’ consensus estimates of $10.01 by ($0.84). Charter Communications had a net margin of 9.03% and a return on equity of 24.20%. The company had revenue of $13.60 billion during the quarter, compared to analyst estimates of $13.56 billion. During the same period last year, the company earned $8.42 EPS. The business’s revenue for the quarter was down 1.0% compared to the same quarter last year. As a group, equities analysts forecast that Charter Communications, Inc. will post 43 EPS for the current year.

Insider Activity at Charter Communications

In related news, Director Balan Nair bought 1,000 shares of the business’s stock in a transaction dated Tuesday, April 28th. The stock was bought at an average price of $175.46 per share, for a total transaction of $175,460.00. Following the purchase, the director owned 12,029 shares in the company, valued at $2,110,608.34. This represents a 9.07% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, Director Wade Davis bought 5,728 shares of Charter Communications stock in a transaction that occurred on Tuesday, April 28th. The shares were bought at an average cost of $173.72 per share, with a total value of $995,068.16. Following the acquisition, the director directly owned 6,925 shares in the company, valued at $1,203,011. This trade represents a 478.53% increase in their position. The disclosure for this purchase is available in the SEC filing. In the last quarter, insiders have acquired 10,196 shares of company stock worth $1,767,822. Company insiders own 1.10% of the company’s stock.

Analyst Ratings Changes

Several equities analysts have weighed in on the company. Citigroup cut their target price on Charter Communications from $290.00 to $230.00 and set a “buy” rating on the stock in a research note on Monday, April 27th. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Charter Communications in a research note on Friday, March 27th. Sanford C. Bernstein cut their price target on shares of Charter Communications from $220.00 to $210.00 and set a “market perform” rating on the stock in a research report on Monday, April 27th. Williams Trading set a $437.00 price objective on shares of Charter Communications in a report on Monday, February 2nd. Finally, Wells Fargo & Company upped their target price on shares of Charter Communications from $180.00 to $200.00 and gave the company an “underweight” rating in a research note on Monday, February 2nd. Six analysts have rated the stock with a Buy rating, ten have assigned a Hold rating and six have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $315.67.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Capital Research Global Investors grew its holdings in Charter Communications by 304.9% during the fourth quarter. Capital Research Global Investors now owns 4,815,422 shares of the company’s stock worth $1,005,222,000 after purchasing an additional 3,626,135 shares during the period. Dodge & Cox lifted its position in shares of Charter Communications by 23.7% in the fourth quarter. Dodge & Cox now owns 14,609,220 shares of the company’s stock valued at $3,049,675,000 after buying an additional 2,801,671 shares during the last quarter. Norges Bank acquired a new stake in shares of Charter Communications in the fourth quarter valued at approximately $555,383,000. Voyager Global Management LP boosted its stake in shares of Charter Communications by 1,380.0% during the 4th quarter. Voyager Global Management LP now owns 1,850,000 shares of the company’s stock worth $386,188,000 after acquiring an additional 1,725,000 shares during the period. Finally, First Eagle Investment Management LLC increased its holdings in shares of Charter Communications by 119.6% during the 4th quarter. First Eagle Investment Management LLC now owns 2,969,507 shares of the company’s stock worth $619,885,000 after acquiring an additional 1,617,148 shares during the last quarter. 81.76% of the stock is 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 Charter Communications

Charter Communications, Inc is a U.S.-based telecommunications and mass media company that provides broadband communications and video services to residential and business customers. Operating primarily under the Spectrum brand, the company offers high-speed internet, cable television, digital voice (phone) and wireless services, as well as managed and enterprise networking solutions for commercial customers. Charter’s service portfolio targets both consumer and business markets with bundled and standalone offerings designed to meet streaming, connectivity and communications needs.

The company’s consumer-facing products include Spectrum Internet, Spectrum TV and Spectrum Voice, while Spectrum Mobile provides wireless service through arrangements with national wireless carriers.