Cisco Systems (NASDAQ:CSCO) EVP Deborah Stahlkopf Sells 164,584 Shares of Stock

Cisco Systems, Inc. (NASDAQ:CSCOGet Free Report) EVP Deborah Stahlkopf sold 164,584 shares of the company’s stock in a transaction on Friday, November 14th. The stock was sold at an average price of $77.85, for a total value of $12,812,864.40. Following the transaction, the executive vice president owned 196,738 shares in the company, valued at $15,316,053.30. This trade represents a 45.55% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Cisco Systems Trading Down 0.5%

Shares of NASDAQ CSCO opened at $77.37 on Wednesday. The company has a current ratio of 1.00, a quick ratio of 0.91 and a debt-to-equity ratio of 0.49. The stock has a market capitalization of $304.89 billion, a PE ratio of 29.53, a PEG ratio of 3.00 and a beta of 0.95. Cisco Systems, Inc. has a twelve month low of $52.11 and a twelve month high of $79.50. The stock has a fifty day simple moving average of $70.29 and a 200-day simple moving average of $67.83.

Cisco Systems (NASDAQ:CSCOGet Free Report) last announced its earnings results on Wednesday, November 12th. The network equipment provider reported $1.00 EPS for the quarter, beating analysts’ consensus estimates of $0.98 by $0.02. The company had revenue of $14.88 billion during the quarter, compared to analysts’ expectations of $14.77 billion. Cisco Systems had a return on equity of 27.06% and a net margin of 18.45%.Cisco Systems’s revenue for the quarter was up 7.5% on a year-over-year basis. During the same period last year, the business posted $0.91 EPS. Cisco Systems has set its FY 2026 guidance at 4.080-4.140 EPS. Q2 2026 guidance at 1.010-1.030 EPS. On average, equities analysts forecast that Cisco Systems, Inc. will post 3.04 earnings per share for the current year.

Cisco Systems Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 21st. Investors of record on Friday, January 2nd will be paid a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a yield of 2.1%. The ex-dividend date of this dividend is Friday, January 2nd. Cisco Systems’s dividend payout ratio is presently 61.65%.

Wall Street Analyst Weigh In

CSCO has been the subject of several recent research reports. HSBC raised their price target on shares of Cisco Systems from $69.00 to $74.00 and gave the company a “hold” rating in a research report on Friday, November 14th. Citigroup increased their price objective on Cisco Systems from $80.00 to $85.00 and gave the company a “buy” rating in a research note on Thursday, November 13th. Piper Sandler boosted their target price on Cisco Systems from $70.00 to $86.00 and gave the stock a “neutral” rating in a research note on Thursday, November 13th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Cisco Systems in a research report on Thursday, October 30th. Finally, Evercore ISI lifted their price objective on Cisco Systems from $74.00 to $80.00 and gave the company an “in-line” rating in a research note on Thursday, November 13th. Seventeen research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $84.14.

Read Our Latest Research Report on Cisco Systems

Institutional Trading of Cisco Systems

A number of hedge funds and other institutional investors have recently bought and sold shares of CSCO. Bare Financial Services Inc lifted its stake in Cisco Systems by 531.0% during the second quarter. Bare Financial Services Inc now owns 366 shares of the network equipment provider’s stock worth $25,000 after purchasing an additional 308 shares during the last quarter. Marquette Asset Management LLC acquired a new stake in Cisco Systems during the third quarter worth approximately $25,000. Financial Connections Group Inc. raised its holdings in Cisco Systems by 89.4% during the second quarter. Financial Connections Group Inc. now owns 409 shares of the network equipment provider’s stock worth $28,000 after purchasing an additional 193 shares in the last quarter. Legacy Investment Solutions LLC purchased a new stake in shares of Cisco Systems during the 2nd quarter worth approximately $28,000. Finally, Lowe Wealth Advisors LLC boosted its holdings in shares of Cisco Systems by 96.2% in the 3rd quarter. Lowe Wealth Advisors LLC now owns 408 shares of the network equipment provider’s stock valued at $28,000 after buying an additional 200 shares in the last quarter. 73.33% of the stock is currently owned by institutional investors and hedge funds.

About Cisco Systems

(Get Free Report)

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.

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Insider Buying and Selling by Quarter for Cisco Systems (NASDAQ:CSCO)

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