Cisco Systems, Inc. $CSCO Shares Purchased by REAP Financial Group LLC

REAP Financial Group LLC raised its holdings in Cisco Systems, Inc. (NASDAQ:CSCO) by 94.5% during the 2nd quarter, Holdings Channel reports. The firm owned 3,061 shares of the network equipment provider’s stock after purchasing an additional 1,487 shares during the quarter. REAP Financial Group LLC’s holdings in Cisco Systems were worth $212,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of CSCO. Sax Wealth Advisors LLC raised its position in shares of Cisco Systems by 23.8% during the 2nd quarter. Sax Wealth Advisors LLC now owns 11,306 shares of the network equipment provider’s stock worth $784,000 after purchasing an additional 2,171 shares during the last quarter. Venturi Wealth Management LLC raised its position in shares of Cisco Systems by 11.2% during the 2nd quarter. Venturi Wealth Management LLC now owns 45,523 shares of the network equipment provider’s stock worth $3,158,000 after purchasing an additional 4,594 shares during the last quarter. DMC Group LLC increased its position in Cisco Systems by 4.0% during the second quarter. DMC Group LLC now owns 17,761 shares of the network equipment provider’s stock worth $1,232,000 after buying an additional 684 shares in the last quarter. BankPlus Trust Department boosted its stake in shares of Cisco Systems by 4.2% during the second quarter. BankPlus Trust Department now owns 50,890 shares of the network equipment provider’s stock valued at $3,531,000 after acquiring an additional 2,036 shares during the last quarter. Finally, SGL Investment Advisors Inc. boosted its stake in shares of Cisco Systems by 37.4% during the second quarter. SGL Investment Advisors Inc. now owns 6,287 shares of the network equipment provider’s stock valued at $431,000 after acquiring an additional 1,710 shares during the last quarter. Hedge funds and other institutional investors own 73.33% of the company’s stock.

Insider Buying and Selling at Cisco Systems

In related news, EVP Thimaya K. Subaiya sold 1,744 shares of the stock in a transaction on Friday, September 12th. The stock was sold at an average price of $66.78, for a total value of $116,464.32. Following the completion of the sale, the executive vice president directly owned 158,009 shares in the company, valued at approximately $10,551,841.02. This represents a 1.09% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Charles Robbins sold 30,557 shares of the stock in a transaction on Friday, August 15th. The shares were sold at an average price of $66.63, for a total value of $2,036,012.91. Following the completion of the sale, the chief executive officer owned 639,000 shares of the company’s stock, valued at approximately $42,576,570. This represents a 4.56% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 82,965 shares of company stock worth $5,559,996. Company insiders own 0.01% of the company’s stock.

Cisco Systems Stock Up 0.1%

Shares of CSCO opened at $68.99 on Wednesday. The company has a quick ratio of 0.91, a current ratio of 1.00 and a debt-to-equity ratio of 0.49. The firm has a market cap of $272.73 billion, a PE ratio of 26.33, a price-to-earnings-growth ratio of 2.90 and a beta of 0.97. The company’s fifty day moving average is $68.14 and its two-hundred day moving average is $64.71. Cisco Systems, Inc. has a fifty-two week low of $52.11 and a fifty-two week high of $72.55.

Cisco Systems (NASDAQ:CSCO) last issued its earnings results on Wednesday, August 13th. The network equipment provider reported $0.99 earnings per share for the quarter, topping the consensus estimate of $0.98 by $0.01. The business had revenue of $14.67 billion for the quarter, compared to analyst estimates of $14.63 billion. Cisco Systems had a return on equity of 27.06% and a net margin of 18.45%.The business’s quarterly revenue was up 7.6% on a year-over-year basis. During the same period last year, the company posted $0.87 EPS. Cisco Systems has set its Q1 2026 guidance at 0.970-0.990 EPS. FY 2026 guidance at 4.000-4.060 EPS. Analysts forecast that Cisco Systems, Inc. will post 3.04 earnings per share for the current year.

Cisco Systems Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 22nd. Stockholders of record on Friday, October 3rd will be issued a dividend of $0.41 per share. The ex-dividend date is Friday, October 3rd. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.4%. Cisco Systems’s payout ratio is presently 62.60%.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on CSCO shares. HSBC reissued a “hold” rating and issued a $69.00 price objective on shares of Cisco Systems in a research report on Friday, August 15th. CICC Research began coverage on shares of Cisco Systems in a research note on Monday, July 14th. They issued an “outperform” rating and a $78.00 target price for the company. Hsbc Global Res cut Cisco Systems from a “strong-buy” rating to a “hold” rating in a report on Friday, August 15th. Deutsche Bank Aktiengesellschaft upgraded Cisco Systems from a “hold” rating to a “buy” rating and raised their price objective for the stock from $65.00 to $73.00 in a report on Monday, June 16th. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of Cisco Systems in a research report on Saturday, September 27th. One research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and ten have given a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $74.53.

Cisco Systems Profile

Cisco Systems, Inc designs, manufactures, and sells Internet Protocol based networking and other products related to the communications and information technology industry in the Americas, Europe, the Middle East, Africa, the Asia Pacific, Japan, and China. The company also offers switching portfolio encompasses campus switching as well as data center switching; enterprise routing portfolio interconnects public and private wireline and mobile networks, delivering highly secure, and reliable connectivity to campus, data center and branch networks; wireless products include wireless access points and controllers; and compute portfolio including the cisco unified computing system, hyperflex, and software management capabilities, which combine computing, networking, and storage infrastructure management and virtualization.