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

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 Price Performance

NYSE:SPXC traded down $6.43 during trading hours on Friday, reaching $203.91. 8,458,187 shares of the company were exchanged, compared to its average volume of 358,502. The business has a 50 day moving average of $206.84 and a 200 day moving average of $189.03. SPX Technologies, Inc. has a 1-year low of $115.00 and a 1-year high of $233.71. The company has a debt-to-equity ratio of 0.23, a current ratio of 2.47 and a quick ratio of 1.70. The company has a market capitalization of $10.16 billion, a P/E ratio of 43.66, a P/E/G ratio of 1.98 and a beta of 1.32.

SPX Technologies (NYSE:SPXC) last released its 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. The firm had revenue of $592.80 million during the quarter, compared to the consensus estimate of $574.32 million. SPX Technologies had a return on equity of 18.68% and a net margin of 10.33%.The company’s revenue was up 22.6% compared to the same quarter last year. During the same period in the prior year, the company posted $1.39 EPS. SPX Technologies has set its FY 2025 guidance at 6.650-6.800 EPS. Research analysts forecast that SPX Technologies, Inc. will post 5.57 EPS for the current year.

Insiders Place Their Bets

In other news, insider John William Swann III sold 38,755 shares of SPX Technologies stock in a transaction on Wednesday, November 19th. The stock was sold at an average price of $206.07, for a total transaction of $7,986,242.85. Following the sale, the insider directly owned 64,266 shares in the company, valued at $13,243,294.62. The trade was a 37.62% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider J Randall Data sold 12,000 shares of the stock in a transaction dated Thursday, December 11th. The shares were sold at an average price of $215.37, for a total transaction of $2,584,440.00. Following the transaction, 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. Company insiders own 3.32% of the company’s stock.

Institutional Trading of SPX Technologies

Institutional investors have recently bought and sold shares of the company. Kennedy Capital Management LLC boosted its position in shares of SPX Technologies by 271.0% during the second quarter. Kennedy Capital Management LLC now owns 70,191 shares of the company’s stock valued at $11,770,000 after buying an additional 51,273 shares during the last quarter. Allspring Global Investments Holdings LLC purchased a new stake in SPX Technologies in the 2nd quarter valued at about $218,000. Nicholas Company Inc. purchased a new stake in SPX Technologies in the 2nd quarter valued at about $3,322,000. Coldstream Capital Management Inc. boosted its stake in shares of SPX Technologies by 60.2% in the 2nd quarter. Coldstream Capital Management Inc. now owns 3,138 shares of the company’s stock worth $526,000 after buying an additional 1,179 shares during the last quarter. Finally, Dynamic Technology Lab Private Ltd grew its holdings in shares of SPX Technologies by 794.1% in the first quarter. Dynamic Technology Lab Private Ltd now owns 14,126 shares of the company’s stock valued at $1,819,000 after acquiring an additional 12,546 shares in the last quarter. Institutional investors own 92.82% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on SPXC shares. Wall Street Zen raised shares of SPX Technologies from a “hold” rating to a “buy” rating in a report on Saturday, November 8th. TD Cowen started coverage on SPX Technologies in a research note on Monday, November 10th. They set a “hold” rating and a $225.00 target price for the company. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of SPX Technologies in a report on Monday, December 8th. Truist Financial upped their price objective on SPX Technologies from $215.00 to $216.00 and gave the stock a “hold” rating in a research report on Thursday. Finally, Wells Fargo & Company assumed coverage on SPX Technologies in a research note on Tuesday, October 14th. They issued an “overweight” rating and a $205.00 price objective on the stock. Six research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $214.14.

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.

SPX Technologies Company Profile

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.