Rep. Gilbert Ray Cisneros, Jr. Sells SPX Technologies, Inc. (NYSE:SPXC) Stock

by · The Cerbat Gem

Representative Gilbert Ray Cisneros, Jr. (D-California) recently sold shares of SPX Technologies, Inc. (NYSE:SPXC). In a filing disclosed on December 15th, the Representative disclosed that they had sold between $1,001 and $15,000 in SPX Technologies stock on November 6th. 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):

  • Sold $1,001 – $15,000 in shares of Spotify Technology (NYSE:SPOT) on 11/26/2025.
  • Sold $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOGL) on 11/26/2025.
  • Purchased $1,001 – $15,000 in shares of First Watch Restaurant Group (NASDAQ:FWRG) on 11/26/2025.
  • Purchased $1,001 – $15,000 in shares of TKO Group (NYSE:TKO) on 11/26/2025.
  • Sold $1,001 – $15,000 in shares of RBC Bearings (NYSE:RBC) on 11/24/2025.
  • Sold $1,001 – $15,000 in shares of Stifel Financial (NYSE:SF) on 11/24/2025.
  • Purchased $1,001 – $15,000 in shares of Logan Energy (CVE:LGN) on 11/24/2025.
  • Sold $1,001 – $15,000 in shares of Primoris Services (NASDAQ:PRIM) on 11/24/2025.
  • Purchased $15,001 – $50,000 in shares of LandBridge (NYSE:LB) on 11/21/2025.
  • Purchased $50,001 – $100,000 in shares of LandBridge (NYSE:LB) on 11/20/2025.

SPX Technologies Stock Performance

NYSE SPXC traded down $6.43 on Friday, hitting $203.91. The stock had a trading volume of 8,458,187 shares, compared to its average volume of 358,502. The company’s 50-day moving average is $206.84 and its two-hundred day moving average is $189.03. SPX Technologies, Inc. has a one year low of $115.00 and a one year high of $233.71. The stock has a market cap of $10.16 billion, a price-to-earnings ratio of 43.66, a P/E/G ratio of 1.98 and a beta of 1.32. The company has a quick ratio of 1.70, a current ratio of 2.47 and a debt-to-equity ratio of 0.23.

SPX Technologies (NYSE:SPXCGet Free Report) last released its quarterly earnings results on Thursday, October 30th. The company reported $1.84 earnings per share for the quarter, beating analysts’ consensus estimates of $1.60 by $0.24. SPX Technologies had a return on equity of 18.68% and a net margin of 10.33%.The company had revenue of $592.80 million for the quarter, compared to analysts’ expectations of $574.32 million. During the same quarter in the previous year, the company posted $1.39 earnings per share. The business’s revenue for the quarter was up 22.6% compared to the same quarter last year. SPX Technologies has set its FY 2025 guidance at 6.650-6.800 EPS. On average, analysts expect that SPX Technologies, Inc. will post 5.57 earnings per share for the current year.

Insider Activity at SPX Technologies

In other news, insider John William Swann III sold 38,755 shares of the stock in a transaction on Wednesday, November 19th. The stock was sold at an average price of $206.07, for a total value of $7,986,242.85. Following the completion of the sale, the insider owned 64,266 shares in the company, valued at $13,243,294.62. This represents a 37.62% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider J Randall Data sold 12,000 shares of the stock in a transaction that occurred on Thursday, December 11th. The stock was sold at an average price of $215.37, for a total transaction of $2,584,440.00. Following the completion of the sale, the insider owned 38,020 shares of the company’s stock, valued at approximately $8,188,367.40. The trade was a 23.99% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 3.32% of the company’s stock.

Wall Street Analysts Forecast Growth

SPXC has been the subject of a number of analyst reports. B. Riley reiterated a “buy” rating and set a $244.00 price target (up previously from $225.00) on shares of SPX Technologies in a research report on Wednesday, December 10th. Weiss Ratings restated a “buy (b-)” rating on shares of SPX Technologies in a research note on Monday, December 8th. TD Cowen assumed coverage on shares of SPX Technologies in a report on Monday, November 10th. They issued a “hold” rating and a $225.00 price objective for the company. Wells Fargo & Company assumed coverage on shares of SPX Technologies in a research report on Tuesday, October 14th. They issued an “overweight” rating and a $205.00 target price for the company. Finally, Wall Street Zen upgraded shares of SPX Technologies from a “hold” rating to a “buy” rating in a research report on Saturday, November 8th. Six analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to data from MarketBeat.com, SPX Technologies presently has an average rating of “Moderate Buy” and an average price target of $214.14.

Check Out Our Latest Stock Analysis on SPXC

Institutional Investors Weigh In On SPX Technologies

Institutional investors and hedge funds have recently modified their holdings of the stock. Swiss Life Asset Management Ltd boosted its position in shares of SPX Technologies by 79.3% in the 3rd quarter. Swiss Life Asset Management Ltd now owns 2,220 shares of the company’s stock valued at $415,000 after purchasing an additional 982 shares during the period. BlueCrest Capital Management Ltd acquired a new position in shares of SPX Technologies in the third quarter worth about $504,000. CIBC Private Wealth Group LLC increased its position in shares of SPX Technologies by 383.0% in the third quarter. CIBC Private Wealth Group LLC now owns 879 shares of the company’s stock worth $164,000 after acquiring an additional 697 shares in the last quarter. CIBC Bancorp USA Inc. acquired a new stake in shares of SPX Technologies during the third quarter valued at approximately $961,000. Finally, Captrust Financial Advisors lifted its position in shares of SPX Technologies by 0.9% in the 3rd quarter. Captrust Financial Advisors now owns 11,859 shares of the company’s stock valued at $2,215,000 after acquiring an additional 106 shares in the last quarter. 92.82% 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 SPX Technologies

(Get Free Report)

SPX Technologies (NYSE:SPXC) is a diversified global supplier of highly engineered products and solutions serving industrial, municipal, energy and utility markets. The company designs, manufactures and supports a broad range of equipment that helps customers monitor, control and manage critical processes in water distribution, power generation, HVAC, refrigeration and industrial applications.

The company’s Detection & Measurement Technologies segment offers leak detection systems, pipe and asset assessment tools, fluid flow measurement devices, gas detection equipment and related services.

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