Cisco Systems (NASDAQ:CSCO) Stock Sold by Rep. Maria Elvira Salazar

Posted by George Bondi on Nov 7th, 2026

Representative Maria Elvira Salazar (Republican-Florida) recently sold shares of Cisco Systems, Inc. (NASDAQ:CSCO). In a filing disclosed on November 5th, the Representative disclosed that they had sold between $1,001 and $15,000 in Cisco Systems stock on October 23rd. The trade occurred in the Representative’s “UBS IRA ACCOUNT” account.

Representative Maria Elvira Salazar also recently made the following trade(s):

Purchased $1,001 – $15,000 in shares of NVIDIA (NASDAQ:NVDA) on 10/23/2026.
Purchased $1,001 – $15,000 in shares of Procter & Gamble (NYSE:PG) on 10/23/2026.
Sold $1,001 – $15,000 in shares of Chubb (NYSE:CB) on 9/24/2026.
Sold $1,001 – $15,000 in shares of Citigroup (NYSE:C) on 9/24/2026.
Sold $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 9/24/2026.
Sold $1,001 – $15,000 in shares of GE Aerospace (NYSE:GE) on 9/24/2026.
Sold $1,001 – $15,000 in shares of Honeywell International (NASDAQ:HON) on 9/24/2026.
Sold $1,001 – $15,000 in shares of Snowflake (NYSE:SNOW) on 9/24/2026.
Sold $1,001 – $15,000 in shares of FedEx (NYSE:FDX) on 9/24/2026.
Sold $1,001 – $15,000 in shares of Salesforce (NYSE:CRM) on 9/24/2026.

Cisco Systems Stock Performance

NASDAQ:CSCO opened at $93.85 on Friday. The company has a quick ratio of 0.79, a current ratio of 0.93 and a debt-to-equity ratio of 0.39. Cisco Systems, Inc. has a twelve month low of $70.54 and a twelve month high of $130.37. The firm has a market capitalization of $370.01 billion, a PE ratio of 28.10, a price-to-earnings-growth ratio of 2.12 and a beta of 1.01. The stock’s 50-day simple moving average is $108.82 and its 200 day simple moving average is $101.63.

Cisco Systems (NASDAQ:CSCO – Get Free Report) last released its earnings results on Wednesday, August 12th. The network equipment provider reported $1.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.17 by $0.05. The company had revenue of $17.25 billion during the quarter, compared to analyst estimates of $16.84 billion. Cisco Systems had a net margin of 20.95% and a return on equity of 30.16%. The firm’s quarterly revenue was up 17.6% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.99 EPS. Cisco Systems has set its FY 2027 guidance at 5.050-5.110 EPS and its Q1 2027 guidance at 1.320-1.340 EPS. On average, analysts anticipate that Cisco Systems, Inc. will post 4.42 EPS for the current fiscal year.

Cisco Systems Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, October 21st. Shareholders of record on Friday, October 2nd were paid a $0.42 dividend. The ex-dividend date was Friday, October 2nd. This represents a $1.68 dividend on an annualized basis and a yield of 1.8%. Cisco Systems’s dividend payout ratio (DPR) is currently 50.30%.

Cisco Systems News Summary

Here are the key news stories impacting Cisco Systems this week:

Positive Sentiment: Cisco was named a leader in ABI Research’s open line systems ranking for data-center interconnects, a market benefiting from AI-driven data-center expansion. Article: Ciena, Nokia, and Cisco Named Leaders in ABI Research’s Open Line Systems Ranking
Positive Sentiment: New partner and cloud offerings—including AI-focused tools and expanded partner incentives—could support recurring software and services revenue. Separately, Spectrum Business introduced a managed Cisco secure-networking service aimed at AI-oriented enterprise workloads. Article: How Investors Are Reacting To Cisco Stock After Analyst Downgrade Article: Cisco Expands Into Managed Secure Networking
Neutral Sentiment: Cisco’s Q3 earnings are scheduled for November 12. Options traders are pricing in a potentially substantial move around the report, making results and guidance a near-term catalyst. Article: Cisco Set for Near 11% Move After Q3 Earnings, Say Options Traders
Negative Sentiment: Morgan Stanley cut Cisco from Overweight to Equal Weight and lowered its price target from $135 to $120. The firm warned that faster AI-infrastructure growth could worsen the sales mix and pressure gross margins, weighing on earnings growth in fiscal 2028. Article: Morgan Stanley Downgrades Cisco On AI Impacting Gross Margins
Negative Sentiment: The downgrade coincided with broad selling in AI-infrastructure and networking stocks. Cisco’s shares also fell below their 200-day moving average, a technical signal that may add to investor caution. Article: Cisco Falls on Morgan Stanley Downgrade and AI Infrastructure Selloff Article: Cisco Stock Price Breaks Below 200-Day Moving Average

Insider Buying and Selling

In related news, insider Jeetendra I. Patel sold 7,170 shares of the firm’s stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $111.57, for a total value of $799,956.90. Following the completion of the sale, the insider directly owned 230,593 shares in the company, valued at approximately $25,727,261.01. This trade represents a 3.02% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Charles Robbins sold 21,628 shares of the company’s stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $111.54, for a total value of $2,412,387.12. Following the transaction, the chief executive officer directly owned 602,710 shares of the company’s stock, valued at $67,226,273.40. The trade was a 3.46% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 44,869 shares of company stock valued at $5,005,620 in the last ninety days. Company insiders own 0.01% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. BlackRock Inc. acquired a new position in Cisco Systems during the 2nd quarter worth $42,129,647,000. State Street Corp raised its holdings in shares of Cisco Systems by 7.0% during the second quarter. State Street Corp now owns 207,106,569 shares of the network equipment provider’s stock worth $25,278,492,000 after acquiring an additional 13,512,872 shares during the period. Bank of America Corp DE acquired a new position in Cisco Systems during the 2nd quarter worth approximately $5,892,379,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in Cisco Systems by 2.7% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 43,450,141 shares of the network equipment provider’s stock worth $5,103,654,000 after buying an additional 1,143,106 shares during the period. Finally, Bank of New York Mellon Corp bought a new stake in shares of Cisco Systems during the second quarter valued at approximately $4,714,574,000. 73.33% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the company. Wells Fargo & Company increased their price target on Cisco Systems from $130.00 to $150.00 and gave the stock an “overweight” rating in a research report on Thursday, August 13th. HSBC cut shares of Cisco Systems from a “buy” rating to a “hold” rating and decreased their price target for the stock from $137.00 to $120.00 in a research note on Friday, August 14th. Truist Financial lifted their price objective on Cisco Systems from $125.00 to $140.00 and gave the company a “buy” rating in a research note on Thursday, August 13th. UBS Group raised their target price on shares of Cisco Systems from $132.00 to $138.00 and gave the company a “buy” rating in a report on Thursday, August 13th. Finally, Wall Street Zen lowered Cisco Systems from a “buy” rating to a “hold” rating in a research note on Saturday. Three investment analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and eight have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $127.87.

Read Our Latest Stock Report on CSCO

About Representative Salazar

Maria Elvira Salazar (Republican Party) is a member of the U.S. House, representing Florida’s 27th Congressional District. She assumed office on January 3, 2021. Her current term ends on January 3, 2027.

Salazar (Republican Party) ran for re-election to the U.S. House to represent Florida’s 27th Congressional District. She won in the general election on November 5, 2024.

Maria Elvira Salazar was born in Miami, Florida, and lives in Coral Gables, Florida. Salazar earned an undergraduate degree from the University of Miami in 1983 and a graduate degree from Harvard University in 1995. Her career experience includes working as a television journalist, reporter, and news anchor.

About Cisco Systems

(Get Free Report)

Cisco Systems, Inc develops networking, cybersecurity, collaboration and observability technologies for businesses, governments and other organizations. Its products include routers, switches, wireless systems and data center infrastructure, along with security software and services that help organizations connect and protect their networks.

The company also provides collaboration tools through its Webex platform and observability capabilities through its software offerings, including technology from Splunk, which Cisco acquired in 2024.