Rep. Gilbert Ray Cisneros, Jr. Purchases Shares of APi Group Co. (NYSE:APG)

Representative Gilbert Ray Cisneros, Jr. (D-California) recently bought shares of APi Group Co. (NYSE:APG). In a filing disclosed on February 11th, the Representative disclosed that they had bought between $1,001 and $15,000 in APi Group stock on January 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):

• Sold $1,001 – $15,000 in shares of ICF International (NASDAQ:ICFI) on 2/3/2025.
• Purchased $15,001 – $50,000 in shares of CACI International (NYSE:CACI) on 1/31/2025.
• Purchased $50,001 – $100,000 in shares of Hawaiian Electric Industries (NYSE:HE) on 1/31/2025.
• Sold $1,001 – $15,000 in shares of Broadcom (NASDAQ:AVGO) on 1/30/2025.
• Purchased $1,001 – $15,000 in shares of Intuitive Surgical (NASDAQ:ISRG) on 1/30/2025.
• Purchased $1,001 – $15,000 in shares of Agios Pharmaceuticals (NASDAQ:AGIO) on 1/29/2025.
• Purchased $1,001 – $15,000 in shares of SpringWorks Therapeutics (NASDAQ:SWTX) on 1/29/2025.
• Purchased $1,001 – $15,000 in shares of Paragon 28 (NYSE:FNA) on 1/29/2025.
• Purchased $1,001 – $15,000 in shares of U.S. Physical Therapy (NYSE:USPH) on 1/29/2025.
• Purchased $1,001 – $15,000 in shares of Crinetics Pharmaceuticals (NASDAQ:CRNX) on 1/29/2025.

APi Group Stock Performance

NYSE APG opened at $37.62 on Thursday. APi Group Co. has a 12 month low of $31.44 and a 12 month high of $40.89. The company has a debt-to-equity ratio of 0.96, a current ratio of 1.51 and a quick ratio of 1.42. The stock has a 50 day moving average of $37.44 and a 200-day moving average of $35.65.

Analyst Ratings Changes

APG has been the subject of a number of analyst reports. Truist Financial assumed coverage on shares of APi Group in a research report on Wednesday, January 22nd. They issued a “buy” rating and a $45.00 price objective for the company. Robert W. Baird lifted their price target on APi Group from $39.00 to $40.00 and gave the stock an “outperform” rating in a report on Tuesday, November 26th. Citigroup dropped their price objective on APi Group from $45.00 to $43.00 and set a “buy” rating on the stock in a research note on Monday, January 13th. Barclays lifted their target price on APi Group from $43.00 to $44.00 and gave the stock an “overweight” rating in a research note on Tuesday, November 5th. Finally, Royal Bank of Canada upgraded APi Group from a “sector perform” rating to an “outperform” rating and set a $45.00 price target on the stock in a research note on Tuesday, January 14th. One investment analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $43.38.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. AQR Capital Management LLC boosted its holdings in APi Group by 2.1% in the 2nd quarter. AQR Capital Management LLC now owns 20,059 shares of the company’s stock valued at $755,000 after purchasing an additional 406 shares during the period. SG Americas Securities LLC acquired a new stake in APi Group during the third quarter worth approximately $165,000. NBC Securities Inc. bought a new position in APi Group during the 3rd quarter worth $421,000. Swedbank AB raised its holdings in APi Group by 18.8% in the 3rd quarter. Swedbank AB now owns 2,209,000 shares of the company’s stock valued at $72,941,000 after acquiring an additional 349,000 shares in the last quarter. Finally, Raymond James & Associates lifted its position in shares of APi Group by 20.2% during the 3rd quarter. Raymond James & Associates now owns 173,774 shares of the company’s stock valued at $5,738,000 after acquiring an additional 29,175 shares during the period. 86.62% 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.

APi Group Company Profile

APi Group Corporation provides safety and specialty services worldwide. It operates through Safety Services and Specialty Services segments. The Safety Services segment offers solutions focusing on end-to-end integrated occupancy systems, such as fire protection services; heating, ventilation, and air conditioning solutions; and entry systems, which include the design, installation, inspection, and service of these integrated systems.