Corteva (NYSE:CTVA) Stock Sale Reported by Rep. Gilbert Ray Cisneros, Jr.
by Scott Moore · The Cerbat GemRepresentative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of Corteva, Inc. (NYSE:CTVA). In a filing disclosed on October 12th, the Representative disclosed that they had sold between $1,001 and $15,000 in Corteva stock on September 17th. 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 Benchmark Electronics (NYSE:BHE) on 10/1/2026.
- Sold $1,001 – $15,000 in shares of Oxford Industries (NYSE:OXM) on 9/29/2026.
- Sold $1,001 – $15,000 in shares of Semtech (NASDAQ:SMTC) on 9/29/2026.
- Sold $15,001 – $50,000 in shares of ITT (NYSE:ITT) on 9/29/2026.
- Sold $1,001 – $15,000 in shares of BridgeBio Pharma (NASDAQ:BBIO) on 9/29/2026.
- Purchased $1,001 – $15,000 in shares of Tandem Diabetes Care (NASDAQ:TNDM) on 9/29/2026.
- Purchased $1,001 – $15,000 in shares of Cytokinetics (NASDAQ:CYTK) on 9/29/2026.
- Purchased $1,001 – $15,000 in shares of Ultragenyx Pharmaceutical (NASDAQ:RARE) on 9/29/2026.
- Purchased $1,001 – $15,000 in shares of YETI (NYSE:YETI) on 9/29/2026.
- Sold $1,001 – $15,000 in shares of AtriCure (NASDAQ:ATRC) on 9/29/2026.
Corteva Trading Down 0.1%
Shares of NYSE:CTVA traded down $0.01 during trading on Wednesday, hitting $13.35. The company had a trading volume of 2,218,515 shares, compared to its average volume of 6,746,640. The stock has a market cap of $8.91 billion, a price-to-earnings ratio of 8.86, a price-to-earnings-growth ratio of 1.86 and a beta of 0.57. The company has a debt-to-equity ratio of 0.07, a current ratio of 1.52 and a quick ratio of 1.10. The company has a fifty day simple moving average of $68.92 and a two-hundred day simple moving average of $77.33. Corteva, Inc. has a one year low of $11.74 and a one year high of $90.97.
Corteva (NYSE:CTVA – Get Free Report) last released its quarterly earnings results on Thursday, July 30th. The company reported $2.30 earnings per share for the quarter, beating the consensus estimate of $2.24 by $0.06. The company had revenue of $6.38 billion for the quarter, compared to analyst estimates of $6.60 billion. Corteva had a return on equity of 10.18% and a net margin of 5.66%. Corteva’s quarterly revenue was down 1.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $2.20 EPS. Corteva has set its FY 2026 guidance at 3.600-3.800 EPS. As a group, equities analysts forecast that Corteva, Inc. will post 1.04 earnings per share for the current year.
Corteva Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, September 15th. Stockholders of record on Tuesday, September 1st were paid a $0.18 dividend. This represents a $0.72 annualized dividend and a dividend yield of 5.4%. The ex-dividend date of this dividend was Tuesday, September 1st. Corteva’s dividend payout ratio (DPR) is presently 47.68%.
Analysts Set New Price Targets
Several analysts have issued reports on the stock. Royal Bank Of Canada reissued an “outperform” rating and issued a $17.00 price objective on shares of Corteva in a research note on Wednesday, October 7th. The Goldman Sachs Group reaffirmed a “buy” rating and set a $20.00 target price on shares of Corteva in a research note on Thursday, October 8th. Bank of America increased their price target on Corteva from $90.00 to $96.00 and gave the stock a “buy” rating in a report on Monday, July 20th. BMO Capital Markets set a $15.00 price target on Corteva in a report on Friday, October 2nd. Finally, Oppenheimer set a $17.00 price target on Corteva in a research note on Monday, October 5th. Sixteen equities research analysts have rated the stock with a Buy rating, six have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $60.59.
View Our Latest Stock Report on Corteva
Institutional Investors Weigh In On Corteva
A number of institutional investors have recently added to or reduced their stakes in the stock. First Citizens Bank & Trust Co. boosted its holdings in Corteva by 169.3% in the third quarter. First Citizens Bank & Trust Co. now owns 21,475 shares of the company’s stock worth $1,668,000 after acquiring an additional 13,501 shares in the last quarter. Krilogy Financial LLC boosted its stake in Corteva by 17.4% in the 3rd quarter. Krilogy Financial LLC now owns 14,547 shares of the company’s stock worth $1,130,000 after purchasing an additional 2,152 shares in the last quarter. Affinity Capital Advisors LLC acquired a new stake in Corteva in the 3rd quarter worth approximately $1,165,000. Courier Capital LLC grew its position in Corteva by 25.1% during the 3rd quarter. Courier Capital LLC now owns 10,424 shares of the company’s stock worth $809,000 after purchasing an additional 2,089 shares during the last quarter. Finally, Baldwin Wealth Partners LLC MA grew its position in Corteva by 77.8% during the 3rd quarter. Baldwin Wealth Partners LLC MA now owns 6,237 shares of the company’s stock worth $484,000 after purchasing an additional 2,729 shares during the last quarter. Institutional investors own 81.54% of the company’s stock.
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.
Corteva Company Profile
Corteva, Inc is an agriculture-focused company that develops and supplies seed, crop protection and digital agriculture products. Its offerings are designed to help farmers improve crop productivity, manage pests and diseases, and support more efficient and sustainable farming practices.
The company’s seed portfolio includes corn, soybean, wheat, sunflower, canola, cotton and other crops, marketed through brands such as Pioneer, Brevant seeds and PhytoGen. Corteva also provides herbicides, insecticides, fungicides, biological products and seed treatments under a range of agricultural brands.
Corteva serves farmers, agricultural retailers and other customers in markets around the world.