Lamar Advertising (NASDAQ:LAMR) Shares Sold Off Rep. Gilbert Ray Cisneros, Jr.

by · The Cerbat Gem

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently sold shares of Lamar Advertising Company (NASDAQ:LAMR). In a filing disclosed on September 10th, the Representative disclosed that they had sold between $15,001 and $50,000 in Lamar Advertising stock on August 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):

  • Sold $1,001 – $15,000 in shares of DoorDash (NASDAQ:DASH) on 8/28/2026.
  • Purchased $15,001 – $50,000 in shares of Quanta Services (NYSE:PWR) on 8/27/2026.
  • Purchased $15,001 – $50,000 in shares of Eaton (NYSE:ETN) on 8/27/2026.
  • Sold $15,001 – $50,000 in shares of NIKE (NYSE:NKE) on 8/27/2026.
  • Sold $1,001 – $15,000 in shares of Phreesia (NYSE:PHR) on 8/26/2026.
  • Purchased $1,001 – $15,000 in shares of Wheaton Precious Metals (NYSE:WPM) on 8/26/2026.
  • Purchased $1,001 – $15,000 in shares of Walmart (NASDAQ:WMT) on 8/26/2026.
  • Purchased $1,001 – $15,000 in shares of The Goldman Sachs Group (NYSE:GS) on 8/26/2026.
  • Sold $15,001 – $50,000 in shares of Lamar Advertising (NASDAQ:LAMR) on 8/25/2026.
  • Sold $1,001 – $15,000 in shares of Phreesia (NYSE:PHR) on 8/25/2026.

Lamar Advertising Price Performance

Shares of LAMR traded up $1.38 during midday trading on Friday, reaching $149.08. The stock had a trading volume of 370,871 shares, compared to its average volume of 445,448. The company’s 50-day moving average is $155.74 and its 200 day moving average is $146.48. Lamar Advertising Company has a 12-month low of $114.45 and a 12-month high of $166.33. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 3.29. The company has a market capitalization of $15.14 billion, a price-to-earnings ratio of 27.20 and a beta of 1.17.

Lamar Advertising (NASDAQ:LAMRGet Free Report) last posted its quarterly earnings results on Thursday, August 6th. The real estate investment trust reported $1.58 EPS for the quarter, hitting the consensus estimate of $1.58. Lamar Advertising had a net margin of 23.90% and a return on equity of 54.94%. The firm had revenue of $616.75 million for the quarter, compared to the consensus estimate of $606.61 million. Lamar Advertising has set its FY 2026 guidance at 5.950-5.990 EPS. On average, equities analysts predict that Lamar Advertising Company will post 8.43 EPS for the current fiscal year.

Lamar Advertising Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 30th. Shareholders of record on Monday, September 21st will be paid a dividend of $1.65 per share. This represents a $6.60 annualized dividend and a yield of 4.4%. This is an increase from Lamar Advertising’s previous quarterly dividend of $1.60. The ex-dividend date of this dividend is Monday, September 21st. Lamar Advertising’s dividend payout ratio is presently 120.44%.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on LAMR. JPMorgan Chase & Co. boosted their price target on shares of Lamar Advertising from $153.00 to $160.00 and gave the stock a “neutral” rating in a research note on Friday, August 7th. Wells Fargo & Company increased their target price on Lamar Advertising from $150.00 to $151.00 and gave the company an “equal weight” rating in a report on Wednesday, August 12th. Morgan Stanley set a $170.00 price target on Lamar Advertising in a research note on Friday, August 7th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Lamar Advertising in a research report on Wednesday, August 19th. Finally, Citigroup lowered Lamar Advertising from a “buy” rating to a “neutral” rating and lifted their price objective for the stock from $145.00 to $160.00 in a research report on Friday, July 10th. Two research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $160.17.

Read Our Latest Analysis on Lamar Advertising

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. California State Teachers Retirement System grew its stake in Lamar Advertising by 16,163.1% in the second quarter. California State Teachers Retirement System now owns 15,762,403 shares of the real estate investment trust’s stock worth $2,458,620,000 after purchasing an additional 15,665,482 shares during the period. Boston Partners boosted its holdings in shares of Lamar Advertising by 2.0% during the 3rd quarter. Boston Partners now owns 2,384,715 shares of the real estate investment trust’s stock valued at $291,928,000 after buying an additional 46,361 shares in the last quarter. Geode Capital Management LLC grew its position in shares of Lamar Advertising by 1.4% in the 4th quarter. Geode Capital Management LLC now owns 2,382,137 shares of the real estate investment trust’s stock worth $301,573,000 after buying an additional 32,542 shares during the period. Wellington Management Group LLP increased its stake in shares of Lamar Advertising by 1.3% in the 2nd quarter. Wellington Management Group LLP now owns 2,125,742 shares of the real estate investment trust’s stock worth $331,573,000 after acquiring an additional 27,100 shares in the last quarter. Finally, Northern Trust Corp boosted its stake in Lamar Advertising by 23.9% during the third quarter. Northern Trust Corp now owns 1,629,554 shares of the real estate investment trust’s stock worth $199,490,000 after acquiring an additional 314,235 shares in the last quarter. Hedge funds and other institutional investors own 93.78% 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.

Lamar Advertising Company Profile

(Get Free Report)

Lamar Advertising Company is an outdoor advertising company that provides businesses and organizations with advertising displays across the United States. Its offerings include traditional and digital billboards, as well as advertising displays on buses, benches, shelters and other transit-related assets.

The company also provides advertising opportunities at airports and other specialty locations. Its digital display network enables advertisers to deliver changing messages and campaigns, while its traditional billboard inventory supports longer-term brand awareness and local advertising initiatives.

Founded in 1902, Lamar Advertising has grown from a regional sign and billboard business into one of North America’s major out-of-home advertising providers.

Recommended Stories