Rep. Gilbert Ray Cisneros, Jr. Acquires FirstService Corporation (NASDAQ:FSV) Stock

Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of FirstService Corporation (NASDAQ:FSV). In a filing disclosed on September 10th, the Representative disclosed that they had bought between $1,001 and $15,000 in FirstService stock on August 19th. 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.

FirstService Stock Up 1.3%

Shares of NASDAQ FSV traded up $1.77 during mid-day trading on Friday, hitting $137.78. The company had a trading volume of 206,673 shares, compared to its average volume of 214,278. The company has a current ratio of 1.63, a quick ratio of 1.63 and a debt-to-equity ratio of 1.03. The firm has a 50-day simple moving average of $142.36 and a two-hundred day simple moving average of $141.43. The company has a market capitalization of $6.02 billion, a PE ratio of 39.03, a price-to-earnings-growth ratio of 3.05 and a beta of 0.93. FirstService Corporation has a one year low of $119.41 and a one year high of $208.75.

FirstService (NASDAQ:FSV) (TSE:FSV) last issued its quarterly earnings results on Thursday, July 23rd. The financial services provider reported $1.75 EPS for the quarter, beating the consensus estimate of $1.71 by $0.04. The firm had revenue of $1.44 billion during the quarter, compared to analysts’ expectations of $1.44 billion. FirstService had a return on equity of 18.07% and a net margin of 2.88%.The business’s quarterly revenue was up 2.4% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.71 earnings per share. On average, equities analysts expect that FirstService Corporation will post 5.61 EPS for the current year.

Analyst Ratings Changes

FSV has been the subject of several recent analyst reports. Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a $144.00 price objective on shares of FirstService in a report on Friday, July 24th. TD Securities reissued a “buy” rating and issued a $195.00 price objective on shares of FirstService in a research report on Friday, July 24th. TD Cowen reaffirmed a “buy” rating and issued a $204.00 target price on shares of FirstService in a report on Wednesday, June 3rd. BMO Capital Markets cut their target price on shares of FirstService from $199.00 to $192.00 and set an “outperform” rating for the company in a research note on Friday, July 24th. Finally, Scotiabank set a $170.00 price target on FirstService in a report on Friday, July 24th. Eight investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. Based on data from MarketBeat, FirstService has an average rating of “Moderate Buy” and an average price target of $184.20.

Institutional Investors Weigh In On FirstService

A number of institutional investors have recently modified their holdings of the business. The Manufacturers Life Insurance Company boosted its position in shares of FirstService by 493.4% during the 4th quarter. The Manufacturers Life Insurance Company now owns 2,775,353 shares of the financial services provider’s stock worth $432,173,000 after acquiring an additional 2,307,684 shares in the last quarter. Wellington Management Group LLP boosted its holdings in shares of FirstService by 18,366.1% during the 4th quarter. Wellington Management Group LLP now owns 719,993 shares of the financial services provider’s stock valued at $111,981,000 after acquiring an additional 716,094 shares in the last quarter. Janus Henderson Group PLC grew its position in FirstService by 73.6% during the 4th quarter. Janus Henderson Group PLC now owns 1,367,564 shares of the financial services provider’s stock worth $212,698,000 after acquiring an additional 579,615 shares during the last quarter. Norges Bank acquired a new position in FirstService in the 4th quarter worth about $85,597,000. Finally, Orbis Allan Gray Ltd increased its holdings in FirstService by 36.5% in the 4th quarter. Orbis Allan Gray Ltd now owns 1,984,677 shares of the financial services provider’s stock worth $308,677,000 after purchasing an additional 530,489 shares in the last quarter. Institutional investors own 69.35% 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.

About FirstService

FirstService Corporation is a property services company serving residential and commercial property owners, residents, and businesses primarily in the United States and Canada. The company operates through two main divisions: FirstService Residential and FirstService Brands.

FirstService Residential provides property management services for condominium, cooperative, homeowners, and other residential communities. Its services include community association management, property maintenance, financial administration, compliance support, and resident services.

FirstService Brands operates a network of service businesses that support property repair, maintenance, improvement, and restoration.