Rep. Gilbert Cisneros Buys FirstService (FSV) Stock

U.S. Representative Gilbert Cisneros recently disclosed a purchase of FSV shares valued between $1,001 and $15,000. This transaction took place on May 11, 2026, and was reported on June 9, 2026. The purchase reflects Cisneros's interest in the company, although specific details about the number of shares acquired were not disclosed.

Other Institutional Activity in FSV

Several institutional investors have also made notable changes to their FSV holdings. ORBIS ALLAN GRAY LTD nearly doubled its position, adding 1,983,550 shares to hold a total of 3,968,227 shares valued at about $551.3 million. In contrast, the Manufacturers Life Insurance Company reduced its stake by 861,947 shares, now holding 1,913,406 shares worth approximately $265.9 million. Janus Henderson Group PLC and Conestoga Capital Advisors, LLC both increased their holdings, with Janus adding 219,890 shares for a total of 1,587,454 shares valued at $220.6 million, and Conestoga adding 233,043 shares to hold 1,405,564 shares worth $195.3 million.

FirstService Corporation Stock Up 9.6%

FSV is currently trading near $141.46. The company has seen various analyst ratings, with recent price targets ranging from $204 to $216. The stock's performance and analyst ratings suggest a mix of confidence and caution among investors.

Insider Buying and Selling at FirstService Corporation

On February 11, 2026, insider Fred Reichheld sold 6,000 shares at an average price of $161.88. This transaction was not part of a pre-planned trading program.

Analysts Set New Price Targets

On June 3, 2026, TD Cowen reiterated its buy rating on FSV, setting a price target of $204. Previously, on April 14, 2026, TD Securities maintained its buy rating with a target of $201. The consensus among analysts remains positive, with a strong buy recommendation and an average target price reflecting optimism for FSV's future performance.

Bottom Line

Gilbert Cisneros's recent purchase of FSV shares adds a political dimension to the company's investor profile. While institutional investors are making varied adjustments to their holdings, analyst ratings continue to show a positive outlook. This mix of activity indicates continued interest and potential growth for FSV, though investors should remember that these disclosures are often made after the fact and may not reflect current positions.