Rep. Gilbert Ray Cisneros, Jr. Buys Centene Corporation (NYSE:CNC) Shares

Posted by Defense World Staff on Sep 22nd, 2025

Representative Gilbert Ray Cisneros, Jr. (D-California) recently bought shares of Centene Corporation (NYSE:CNC). In a filing disclosed on September 12th, the Representative disclosed that they had bought between $1,001 and $15,000 in Centene stock on August 5th. 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 Semtech (NASDAQ:SMTC) on 9/2/2025.
Sold $1,001 – $15,000 in shares of Chart Industries (NYSE:GTLS) on 9/2/2025.
Purchased $1,001 – $15,000 in shares of Avient (NYSE:AVNT) on 9/2/2025.
Sold $1,001 – $15,000 in shares of Amdocs (NASDAQ:DOX) on 8/27/2025.
Sold $1,001 – $15,000 in shares of Amdocs (NASDAQ:DOX) on 8/26/2025.
Purchased $1,001 – $15,000 in shares of Intapp (NASDAQ:INTA) on 8/26/2025.
Purchased $1,001 – $15,000 in shares of APi Group (NYSE:APG) on 8/26/2025.
Purchased $1,001 – $15,000 in shares of Waters (NYSE:WAT) on 8/26/2025.
Purchased $1,001 – $15,000 in shares of Semtech (NASDAQ:SMTC) on 8/26/2025.
Sold $1,001 – $15,000 in shares of Fortive (NYSE:FTV) on 8/26/2025.

Centene Price Performance

Shares of NYSE CNC opened at $31.77 on Monday. The business’s 50 day moving average price is $28.70 and its two-hundred day moving average price is $46.83. The company has a market cap of $15.60 billion, a PE ratio of 7.86, a price-to-earnings-growth ratio of 1.29 and a beta of 0.44. The company has a quick ratio of 1.10, a current ratio of 1.10 and a debt-to-equity ratio of 0.64. Centene Corporation has a twelve month low of $25.08 and a twelve month high of $76.08.

Centene (NYSE:CNC – Get Free Report) last issued its quarterly earnings data on Friday, July 25th. The company reported ($0.16) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.23 by ($0.39). Centene had a return on equity of 9.57% and a net margin of 1.15%.The firm had revenue of $48.74 billion for the quarter, compared to the consensus estimate of $44.71 billion. During the same quarter in the prior year, the firm earned $2.42 EPS. The company’s revenue was up 22.4% on a year-over-year basis. Centene has set its FY 2025 guidance at 1.750-1.750 EPS. On average, analysts predict that Centene Corporation will post 6.86 EPS for the current year.

Insider Buying and Selling

In other Centene news, CEO Sarah London acquired 19,230 shares of Centene stock in a transaction that occurred on Friday, August 8th. The stock was acquired at an average cost of $25.50 per share, for a total transaction of $490,365.00. Following the purchase, the chief executive officer owned 845,275 shares of the company’s stock, valued at approximately $21,554,512.50. This represents a 2.33% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Theodore R. Samuels II acquired 9,000 shares of Centene stock in a transaction that occurred on Monday, July 28th. The stock was acquired at an average price of $27.62 per share, with a total value of $248,580.00. Following the completion of the purchase, the director directly owned 32,000 shares in the company, valued at $883,840. This represents a 39.13% increase in their position. The disclosure for this purchase can be found here. 0.36% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Centene

Several large investors have recently modified their holdings of CNC. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Centene by 17.5% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 125,373 shares of the company’s stock worth $7,595,000 after purchasing an additional 18,654 shares during the last quarter. OMERS ADMINISTRATION Corp increased its stake in shares of Centene by 21.2% during the 4th quarter. OMERS ADMINISTRATION Corp now owns 22,519 shares of the company’s stock worth $1,364,000 after purchasing an additional 3,946 shares during the last quarter. NorthRock Partners LLC purchased a new stake in shares of Centene during the 4th quarter worth approximately $277,000. Nomura Holdings Inc. increased its stake in shares of Centene by 24.1% during the 4th quarter. Nomura Holdings Inc. now owns 16,633 shares of the company’s stock worth $1,008,000 after purchasing an additional 3,233 shares during the last quarter. Finally, Mufg Securities Americas Inc. purchased a new position in Centene in the 4th quarter valued at approximately $452,000. Hedge funds and other institutional investors own 93.63% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts recently issued reports on the company. Cantor Fitzgerald reiterated a “neutral” rating and issued a $38.00 price target on shares of Centene in a research note on Tuesday, August 26th. Sanford C. Bernstein cut their price target on Centene from $40.00 to $36.00 and set an “outperform” rating for the company in a research note on Friday, September 5th. UBS Group cut their target price on Centene from $45.00 to $31.00 and set a “neutral” rating for the company in a research note on Monday, July 28th. Barclays upped their target price on Centene from $33.00 to $35.00 and gave the stock an “equal weight” rating in a research note on Friday, September 12th. Finally, Oppenheimer cut their target price on Centene from $51.00 to $43.00 and set an “outperform” rating for the company in a research note on Monday, July 28th. Three analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $38.33.

View Our Latest Analysis on CNC

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 Centene

(Get Free Report)

Centene Corporation operates as a healthcare enterprise that provides programs and services to under-insured and uninsured families, commercial organizations, and military families in the United States. The company operates through Medicaid, Medicare, Commercial, and Other segments. The Medicaid segment offers health plan coverage, including medicaid expansion, aged, blind, disabled, children’s health insurance program, foster care, medicare-medicaid plans, long-term services and support.