Rep. Gilbert Ray Cisneros, Jr. Buys FirstService Corporation (NASDAQ:FSV) Stock

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of FirstService Corporation (NASDAQ:FSV). In a filing disclosed on June 08th, the Representative disclosed that they had bought between $1,001 and $15,000 in FirstService stock on May 7th. 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 SoftBank Group (OTCMKTS:SFTBF) on 6/2/2026.
• Purchased $1,001 – $15,000 in shares of Ciena (NYSE:CIEN) on 5/29/2026.
• Sold $1,001 – $15,000 in shares of AutoZone (NYSE:AZO) on 5/29/2026.
• Purchased $1,001 – $15,000 in shares of Independent Bank (NASDAQ:INDB) on 5/29/2026.
• Purchased $1,001 – $15,000 in shares of Arcutis Biotherapeutics (NASDAQ:ARQT) on 5/29/2026.
• Purchased $1,001 – $15,000 in shares of HealthEquity (NASDAQ:HQY) on 5/29/2026.
• Purchased $1,001 – $15,000 in shares of Boston Scientific (NYSE:BSX) on 5/29/2026.
• Purchased $1,001 – $15,000 in shares of Perella Weinberg Partners (NASDAQ:PWP) on 5/29/2026.
• Purchased $1,001 – $15,000 in shares of Cooper Companies (NASDAQ:COO) on 5/29/2026.
• Purchased $1,001 – $15,000 in shares of Ligand Pharmaceuticals (NASDAQ:LGND) on 5/29/2026.

FirstService Price Performance

Shares of FirstService stock opened at $142.93 on Thursday. The company has a debt-to-equity ratio of 0.74, a current ratio of 1.66 and a quick ratio of 1.66. FirstService Corporation has a one year low of $119.41 and a one year high of $209.66. The stock has a market capitalization of $6.57 billion, a P/E ratio of 40.38, a price-to-earnings-growth ratio of 4.34 and a beta of 0.95. The business’s 50 day simple moving average is $138.90 and its two-hundred day simple moving average is $148.21.

FirstService (NASDAQ:FSV) (TSE:FSV) last posted its earnings results on Thursday, April 23rd. The financial services provider reported $0.95 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.89 by $0.06. FirstService had a return on equity of 17.91% and a net margin of 2.92%.The firm had revenue of $1.30 billion for the quarter, compared to analysts’ expectations of $1.29 billion. During the same period in the previous year, the firm earned $0.92 earnings per share. The business’s revenue was up 5.3% compared to the same quarter last year. Analysts forecast that FirstService Corporation will post 5.54 EPS for the current year.

FirstService Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, July 7th. Shareholders of record on Tuesday, June 30th will be paid a $0.305 dividend. This represents a $1.22 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend is Tuesday, June 30th. FirstService’s payout ratio is 34.46%.

Institutional Investors Weigh In On FirstService

Institutional investors and hedge funds have recently modified their holdings of the company. JPL Wealth Management LLC acquired a new stake in shares of FirstService during the third quarter worth about $26,000. Caitong International Asset Management Co. Ltd lifted its holdings in shares of FirstService by 88.0% during the fourth quarter. Caitong International Asset Management Co. Ltd now owns 173 shares of the financial services provider’s stock worth $27,000 after purchasing an additional 81 shares during the period. Kestra Advisory Services LLC purchased a new stake in shares of FirstService in the fourth quarter worth about $34,000. Geneos Wealth Management Inc. boosted its stake in shares of FirstService by 63.7% in the second quarter. Geneos Wealth Management Inc. now owns 203 shares of the financial services provider’s stock worth $35,000 after buying an additional 79 shares during the last quarter. Finally, Strs Ohio purchased a new position in FirstService during the first quarter worth approximately $38,000. Institutional investors and hedge funds own 69.35% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have recently commented on the company. Stifel Nicolaus cut their target price on FirstService from $215.00 to $200.00 and set a “buy” rating on the stock in a research note on Monday, April 27th. Wall Street Zen raised FirstService from a “hold” rating to a “buy” rating in a research note on Saturday, May 9th. Weiss Ratings cut FirstService from a “hold (c)” rating to a “hold (c-)” rating in a research report on Friday, May 29th. TD lifted their target price on FirstService from $201.00 to $204.00 and gave the stock a “buy” rating in a report on Friday, April 24th. Finally, Loop Capital began coverage on FirstService in a report on Monday, May 4th. They set a “hold” rating and a $140.00 price objective for the company. Eight equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $197.22.

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 FirstService

FirstService Corporation, founded in 1989 and headquartered in Toronto, Ontario, is a leading provider of property services in North America. The company operates through two principal segments—FirstService Residential and FirstService Brands—offering a broad range of services to residential, commercial and homeowner association clients.

FirstService Residential delivers community management, financial oversight and consulting services to thousands of residential communities across the United States and Canada.