Rep. Gilbert Ray Cisneros Jr. (D-CA) Buys BHE Stock

Rep. Gilbert Ray Cisneros Jr., a Democrat from California's 31st district, bought shares of Benchmark Electronics, Inc. (BHE) on October 1, 2026. The transaction, reported on October 12, 2026, is valued between $15,001 and $50,000.

What Changed in Gilbert Ray Cisneros Jr.'s Position

Cisneros Jr. initiated a new position in Benchmark Electronics, acquiring shares valued between $15,001 and $50,000.

Other Institutional Activity in Benchmark Electronics

Several other institutional investors have also been active in Benchmark Electronics. Blackrock Inc. grew its holdings by 233,047 shares, ending with 5,875,827 shares worth about $414.9 million. Vanguard Portfolio Management LLC added 95,197 shares, bringing its total to 3,237,002 shares valued at approximately $228.6 million. Meanwhile, American Century Companies Inc. increased its stake by 380,286 shares, totaling 1,870,433 shares valued at about $132.1 million.

Benchmark Electronics, Inc. Stock Down 3.6%

As of October 16, 2026, Benchmark Electronics trades at around $71.79. This price is below its 50-day moving average of $77.78, indicating it may be undervalued in the short term. The stock is also below its 52-week high of $100.41 and above its 52-week low of $41.30.

Recent Earnings

Benchmark Electronics reported trailing twelve-month revenue of approximately $2.82 billion, with a net margin of 1.9%. The next earnings report is scheduled for October 28, 2026.

Insider Buying and Selling at Benchmark Electronics, Inc.

In recent months, there has been notable insider selling at Benchmark Electronics. Director David W. Scheible sold 22,989 shares at an average price of $85.00 on May 13, 2026, valued at about $1.95 million. CEO David Moezidis sold 12,500 shares at $87.57 on May 26, 2026, totaling around $1.09 million. General Counsel Stephen J. Beaver sold 20,000 shares at $86.25 on June 11, 2026, valued at about $1.73 million.

Analysts Set New Price Targets

On July 30, 2026, Needham maintained a Buy rating on Benchmark Electronics with a price target of $90. This suggests a potential upside from the recent trading levels. The current consensus among analysts is a mean price target of $86.00, with three analysts providing opinions.

About Benchmark Electronics, Inc.

Benchmark Electronics, Inc. is a technology company that offers product design, engineering services, and manufacturing solutions. It operates globally, serving various industries, which is significant for Cisneros Jr.'s district as it aligns with the region's focus on technological advancements and job creation.

Bottom Line

Gilbert Ray Cisneros Jr.'s recent purchase of Benchmark Electronics shares adds to his investment profile. Investors should watch for the upcoming earnings report on October 28, 2026, and any further filings that may provide insight into his investment strategy.