Gilbert Cisneros Buys STE Shares

U.S. House member Gilbert Cisneros disclosed a purchase of STE shares valued between $1,001 and $15,000.

Written by Opentrades · Published Jun 12, 2026, 9:21 PM EDT · Updated Jun 13, 2026, 2:10 AM EDT

Key Points

Gilbert Cisneros purchased STE shares valued between $1,001 and $15,000 on May 11, 2026.
STE shares traded at $207.56, with a market cap and other financial details not provided.
Keybanc maintained a buy rating for STE with a $269 price target on May 13, 2026.

Congressional trading track record

Gilbert Cisneros vs. the S&P 500

YTD return -1.4% hypothetical

All-time return -1.0% S&P 500 +93.0%

vs. S&P 500 -94.0% behind the index

Hypothetical, simulated performance of disclosed positions vs. the S&P 500. Not realized profit and not investment advice. Past performance does not indicate future results. Details.

On May 11, 2026, Gilbert Cisneros, a member of the U.S. House of Representatives, purchased shares of STE. The transaction, disclosed on June 9, 2026, was valued between $1,001 and $15,000. This purchase is part of periodic transaction reports filed under the STOCK Act, revealing trades made by members of Congress.

Other Institutional Activity in STE

Several major institutional investors have also adjusted their positions in STE. BlackRock, Inc. trimmed its holdings by 14,812 shares, now holding about 9,026,621 shares valued at approximately $1.996 billion. Vanguard Capital Management LLC acquired 6,366,378 shares, bringing its total to the same number, valued at around $1.408 billion. State Street Corp increased its stake by 377,028 shares, ending with 4,991,868 shares worth about $1.104 billion. Meanwhile, Morgan Stanley grew its position by 554,445 shares, now holding 4,394,263 shares valued at $971.7 million.

Insider Buying and Selling at STE

Several insiders at STE have sold shares recently. On June 5, 2026, President and CEO Daniel Carestio sold 1,374 shares at an average price of $212 under a planned sale. Earlier, on June 4, 2026, Carestio sold an additional 1,889 shares at $212.24. Other executives, including Sr. VP and GM Julia Madsen and SVP & GM Kenneth Kohler, also sold shares at the same price.

Analysts Set New Price Targets

On May 13, 2026, Keybanc maintained its buy rating on STE, setting a price target of $269. This follows a series of analyst actions, including Morgan Stanley's upgrade to a buy rating with a $276 target on July 15, 2025, and Jefferies' initiation of coverage with a hold rating and a $263 target on May 29, 2025. The consensus recommendation remains strong, with a mean target price and multiple analyst opinions supporting the stock.

Bottom Line

Gilbert Cisneros's purchase of STE shares highlights ongoing interest in the company from various investors. This activity, along with recent insider sales and analyst ratings, provides a glimpse into the current sentiment surrounding STE. Investors often track these filings to gauge market sentiment, but it's important to remember that these disclosures are backward-looking and may not reflect the current state of investments.