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

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 Stock Down 4.4%

Shares of NYSE SPXC opened at $207.41 on Thursday. SPX Technologies, Inc. has a 1 year low of $115.00 and a 1 year high of $233.71. The company has a market capitalization of $10.34 billion, a P/E ratio of 44.41, a P/E/G ratio of 2.04 and a beta of 1.32. The company has a 50 day simple moving average of $205.98 and a 200-day simple moving average of $188.54. The company has a debt-to-equity ratio of 0.23, a current ratio of 2.47 and a quick ratio of 1.70.

SPX Technologies (NYSE:SPXC) last issued its quarterly earnings data on Thursday, October 30th. The company reported $1.84 earnings per share for the quarter, topping the consensus estimate of $1.60 by $0.24. SPX Technologies had a return on equity of 18.68% and a net margin of 10.33%.The company had revenue of $592.80 million during the quarter, compared to analyst estimates of $574.32 million. During the same period in the prior year, the business posted $1.39 earnings per share. The firm’s revenue for the quarter was up 22.6% compared to the same quarter last year. SPX Technologies has set its FY 2025 guidance at 6.650-6.800 EPS. On average, equities research analysts predict that SPX Technologies, Inc. will post 5.57 earnings per share for the current year.

Insider Buying and Selling at SPX Technologies

In other news, insider John William Swann III sold 38,755 shares of the company’s stock in a transaction dated Wednesday, November 19th. The shares were sold at an average price of $206.07, for a total value of $7,986,242.85. Following the completion of the sale, the insider directly owned 64,266 shares of the company’s stock, valued at approximately $13,243,294.62. This represents a 37.62% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider J Randall Data sold 12,000 shares of the firm’s stock in a transaction dated Thursday, December 11th. The stock was sold at an average price of $215.37, for a total value of $2,584,440.00. Following the transaction, the insider directly owned 38,020 shares in the company, valued at approximately $8,188,367.40. This represents 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 Investors Weigh In On SPX Technologies

Large investors have recently modified their holdings of the company. Kennedy Capital Management LLC boosted its position in shares of SPX Technologies by 271.0% in the 2nd quarter. Kennedy Capital Management LLC now owns 70,191 shares of the company’s stock valued at $11,770,000 after purchasing an additional 51,273 shares during the period. Allspring Global Investments Holdings LLC purchased a new stake in SPX Technologies in the second quarter valued at approximately $218,000. Nicholas Company Inc. purchased a new position in shares of SPX Technologies during the second quarter worth approximately $3,322,000. Coldstream Capital Management Inc. increased its holdings 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 valued at $526,000 after acquiring an additional 1,179 shares during the period. Finally, Dynamic Technology Lab Private Ltd raised its position in SPX Technologies by 794.1% in the 1st quarter. Dynamic Technology Lab Private Ltd now owns 14,126 shares of the company’s stock valued at $1,819,000 after purchasing an additional 12,546 shares during the last quarter. 92.82% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

SPXC has been the topic of a number of recent analyst reports. B. Riley reaffirmed a “buy” rating and issued a $244.00 target price (up previously from $225.00) on shares of SPX Technologies in a research report on Wednesday, December 10th. Wells Fargo & Company started coverage on shares of SPX Technologies in a research report on Tuesday, October 14th. They set an “overweight” rating and a $205.00 price objective for the company. Truist Financial assumed coverage on SPX Technologies in a research note on Monday, October 20th. They set a “hold” rating and a $209.00 price target on the stock. Weiss Ratings restated a “buy (b-)” rating on shares of SPX Technologies in a report on Monday, December 8th. Finally, Bank of America began coverage on shares of SPX Technologies in a research report on Wednesday, October 8th. They set a “neutral” rating and a $202.00 price target on the stock. Six investment analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. Based on data from MarketBeat, SPX Technologies has an average rating of “Moderate Buy” and an average price target of $213.14.

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, Inc supplies infrastructure equipment serving the heating, ventilation, and cooling (HVAC); and detection and measurement markets worldwide. The company operates in two segments, HVAC and Detection and Measurement. The HVAC segment engineers, designs, manufactures, installs, and services package and process cooling products and engineered air movement solutions for the HVAC industrial and power generation markets, as well as boilers, heating, and ventilation products for the residential and commercial markets.