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

Rep. Gilbert Ray Cisneros Jr. bought shares of YETI Holdings, Inc. (NYSE: YETI) valued between $1,001 and $15,000 on September 29, 2026. This transaction was reported on October 12, 2026, as part of the required disclosures under the STOCK Act. Cisneros represents California's 31st district in the House as a member of the Democratic Party.

What Changed in Gilbert Ray Cisneros Jr.'s YETI Position

Cisneros initiated a position in YETI Holdings with this recent purchase. The transaction reflects his interest in the outdoor products company, which has a market cap of approximately $3.14 billion.

Other Institutional Activity in YETI

Blackrock Inc. holds 7,218,107 shares of YETI, increasing its position by 67,218 shares at a value of about $310.9 million. Meanwhile, FMR, LLC added 1,495,570 shares, bringing its total to 3,994,852 shares valued at about $172.1 million. Reinhart Partners, LLC increased its stake by 612,523 shares, totaling 3,889,802 shares worth about $167.5 million. Conversely, Wellington Management Group, LLP reduced its holdings by 539,024 shares, ending with 4,231,102 shares valued at about $182.2 million.

YETI Holdings, Inc. Stock Up 1.5%

YETI shares recently traded around $42.65 as of October 16, 2026, which is about equal to its 50-day moving average of $42.59 but about 3.5% below its 200-day average of $44.20. The stock is currently about 21% below its 52-week high of $53.99.

Recent Earnings

YETI reported trailing twelve-month revenue of about $1.94 billion, with a net margin of 9.2% and an impressive return on equity of 25.3%. The company is set to announce its next earnings on November 5, 2026.

Insider Buying and Selling at YETI Holdings, Inc.

Officer Bryan C. Barksdale sold 9,756 shares of YETI on December 11, 2025, at an average price of $45.32, totaling about $442,142. This transaction occurred before Cisneros's recent purchase.

Analysts Set New Price Targets

On September 18, 2026, Stifel upgraded its rating on YETI to Buy, setting a price target of $50.00, up from $45.00. Canaccord Genuity maintained a Hold rating with a target of $46.00 on September 28, 2026. The consensus among analysts suggests a mean price target of $54.31, indicating potential upside from the current trading level.

About YETI Holdings, Inc.

YETI Holdings, Inc. designs and sells outdoor products under the YETI brand. The company is known for its high-quality coolers and drinkware, catering to outdoor enthusiasts in the U.S. and beyond. With a growing presence in the market, YETI continues to expand its product offerings and reach.

Bottom Line

Investors will be watching for YETI's upcoming earnings report on November 5, 2026, to see how the company is performing in a competitive market. Further disclosures from Cisneros regarding his stock trades may also provide insight into his investment strategy.