Representative Gilbert Ray Cisneros, Jr. (Democratic-California) recently bought shares of Cisco Systems, Inc. (NASDAQ:CSCO). In a filing disclosed on November 10th, the Representative disclosed that they had bought between $1,001 and $15,000 in Cisco Systems stock on October 20th. 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):
- Purchased $1,001 – $15,000 in shares of BridgeBio Pharma (NASDAQ:BBIO) on 11/2/2026.
- Purchased $1,001 – $15,000 in shares of argenex (NASDAQ:ARGX) on 10/27/2026.
- Sold $1,001 – $15,000 in shares of Illumina (NASDAQ:ILMN) on 10/27/2026.
- Sold $1,001 – $15,000 in shares of Revvity (NYSE:RVTY) on 10/27/2026.
- Sold $15,001 – $50,000 in shares of PTC (NASDAQ:PTC) on 10/27/2026.
- Purchased $1,001 – $15,000 in shares of BridgeBio Pharma (NASDAQ:BBIO) on 10/27/2026.
- Purchased $1,001 – $15,000 in shares of MACOM Technology Solutions (NASDAQ:MTSI) on 10/27/2026.
- Sold $1,001 – $15,000 in shares of Micron Solutions (OTCMKTS:MICR) on 10/21/2026.
- Sold $1,001 – $15,000 in shares of Ciena (NYSE:CIEN) on 10/21/2026.
- Purchased $1,001 – $15,000 in shares of ServiceNow (NYSE:NOW) on 10/21/2026.
Cisco Systems Price Performance
Cisco Systems stock traded up $1.25 during mid-day trading on Thursday, reaching $102.01. The company had a trading volume of 26,178,694 shares, compared to its average volume of 19,186,172. Cisco Systems, Inc. has a 1 year low of $72.80 and a 1 year high of $130.37. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.93 and a quick ratio of 0.79. The company has a market capitalization of $402.18 billion, a P/E ratio of 27.45, a P/E/G ratio of 2.07 and a beta of 1.01. The stock’s 50-day simple moving average is $108.02 and its 200-day simple moving average is $102.13.
Cisco Systems (NASDAQ:CSCO – Get Free Report) last announced its quarterly earnings results on Thursday, November 12th. The network equipment provider reported $1.40 EPS for the quarter, topping the consensus estimate of $1.33 by $0.07. Cisco Systems had a return on equity of 30.16% and a net margin of 20.95%. The business had revenue of $18.52 billion for the quarter, compared to analyst estimates of $18.12 billion. During the same quarter in the previous year, the company earned $1.00 EPS. Cisco Systems has set its Q2 2027 guidance at 1.340-1.360 EPS and its FY 2027 guidance at 5.470-5.530 EPS. On average, equities analysts predict that Cisco Systems, Inc. will post 4.48 EPS for the current year.
Wall Street Analysts Forecast Growth
Several analysts have issued reports on CSCO shares. Piper Sandler reduced their price target on shares of Cisco Systems from $132.00 to $125.00 and set a “neutral” rating on the stock in a report on Tuesday, September 22nd. Deutsche Bank began coverage on shares of Cisco Systems in a research note on Tuesday, September 1st. They set a “buy” rating and a $135.00 price objective for the company. Wells Fargo & Company upped their target price on Cisco Systems from $130.00 to $150.00 and gave the company an “overweight” rating in a research note on Thursday, August 13th. Morgan Stanley downgraded Cisco Systems from an “overweight” rating to an “equal weight” rating and reduced their price objective for the company from $135.00 to $120.00 in a research report on Thursday, November 5th. Finally, HSBC cut Cisco Systems from a “buy” rating to a “hold” rating and dropped their price objective for the stock from $137.00 to $120.00 in a research report on Friday, August 14th. Three analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and eight have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Cisco Systems presently has an average rating of “Moderate Buy” and an average target price of $127.87.
Check Out Our Latest Research Report on CSCO
Key Headlines Impacting Cisco Systems
Here are a few of the latest headlines about CSCO:
- Positive Sentiment: Fiscal Q1 adjusted earnings were $1.40 per share versus the $1.33 consensus, while revenue of $18.52 billion topped the $18.12 billion estimate. The company also reported $4.55 billion in net income, and revenue and earnings growth reached their strongest pace in more than 15 years. Cisco stock jumps 5% on earnings and revenue beat
- Positive Sentiment: Management pointed to robust AI-networking demand, including data-center growth, as a major tailwind. Investors may see Cisco as benefiting from increased spending on the networking infrastructure needed for AI. Cisco Earnings, Revenue Top Estimates On AI Data Center Growth
- Neutral Sentiment: Despite the strong report and higher guidance, investors will be watching whether AI-related demand can translate into sustained growth and healthy margins, particularly after a rally that had raised expectations. Cisco rally faces a margin-and-valuation test
Insider Activity at Cisco Systems
In related news, EVP Oliver Tuszik sold 2,760 shares of the business’s stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $112.46, for a total transaction of $310,389.60. Following the transaction, the executive vice president directly owned 165,276 shares of the company’s stock, valued at approximately $18,586,938.96. The trade was a 1.64% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Deborah L. Stahlkopf sold 6,487 shares of the company’s stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $111.53, for a total value of $723,495.11. Following the completion of the transaction, the executive vice president owned 167,116 shares of the company’s stock, valued at approximately $18,638,447.48. This represents a 3.74% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 44,869 shares of company stock valued at $5,005,620 over the last 90 days. Corporate insiders own 0.01% of the company’s stock.
Institutional Inflows and Outflows
Several hedge funds have recently bought and sold shares of CSCO. AlphaGrep UK Ltd acquired a new position in shares of Cisco Systems during the 3rd quarter valued at $767,000. Meeder Advisory Services Inc. increased its holdings in Cisco Systems by 7.2% in the 3rd quarter. Meeder Advisory Services Inc. now owns 108,860 shares of the network equipment provider’s stock valued at $11,717,000 after purchasing an additional 7,287 shares in the last quarter. Benjamin Edwards Inc. increased its holdings in Cisco Systems by 1.7% in the 3rd quarter. Benjamin Edwards Inc. now owns 197,285 shares of the network equipment provider’s stock valued at $21,234,000 after purchasing an additional 3,341 shares in the last quarter. CacheTech Inc. raised its position in Cisco Systems by 39.0% in the third quarter. CacheTech Inc. now owns 17,334 shares of the network equipment provider’s stock valued at $1,866,000 after purchasing an additional 4,862 shares during the period. Finally, DiPaolo Financial Group Inc. purchased a new position in Cisco Systems in the third quarter valued at about $146,000. Hedge funds and other institutional investors own 73.33% of the company’s stock.
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.
About Cisco Systems
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.
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