North Berkeley Wealth Management LLC purchased a new stake in Cisco Systems, Inc. (NASDAQ:CSCO – Free Report) during the fourth quarter, Holdings Channel.com reports. The institutional investor purchased 4,400 shares of the network equipment provider’s stock, valued at approximately $339,000.
A number of other institutional investors have also recently made changes to their positions in the stock. Brighton Jones LLC lifted its stake in shares of Cisco Systems by 49.5% in the 4th quarter. Brighton Jones LLC now owns 74,187 shares of the network equipment provider’s stock valued at $4,392,000 after purchasing an additional 24,562 shares during the period. Revolve Wealth Partners LLC lifted its stake in shares of Cisco Systems by 37.0% in the 4th quarter. Revolve Wealth Partners LLC now owns 9,156 shares of the network equipment provider’s stock valued at $542,000 after purchasing an additional 2,474 shares during the period. Sivia Capital Partners LLC lifted its stake in shares of Cisco Systems by 7.5% in the 2nd quarter. Sivia Capital Partners LLC now owns 10,178 shares of the network equipment provider’s stock valued at $706,000 after purchasing an additional 712 shares during the period. Schnieders Capital Management LLC. lifted its stake in shares of Cisco Systems by 3.9% in the 2nd quarter. Schnieders Capital Management LLC. now owns 13,974 shares of the network equipment provider’s stock valued at $969,000 after purchasing an additional 519 shares during the period. Finally, Marshall Wace LLP lifted its stake in shares of Cisco Systems by 118.1% in the 2nd quarter. Marshall Wace LLP now owns 90,650 shares of the network equipment provider’s stock valued at $6,289,000 after purchasing an additional 590,650 shares during the period. Institutional investors own 73.33% of the company’s stock.
Cisco Systems Stock Performance
Shares of CSCO opened at $126.50 on Thursday. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.81 and a current ratio of 0.92. The stock has a 50 day moving average price of $96.27 and a two-hundred day moving average price of $84.33. The firm has a market capitalization of $498.59 billion, a P/E ratio of 41.07, a P/E/G ratio of 3.28 and a beta of 1.01. Cisco Systems, Inc. has a 52 week low of $63.87 and a 52 week high of $129.42.
Cisco Systems Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 22nd. Shareholders of record on Monday, July 6th will be issued a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend is Monday, July 6th. Cisco Systems’s payout ratio is currently 54.55%.
Cisco Systems News Roundup
Here are the key news stories impacting Cisco Systems this week:
- Positive Sentiment: Cisco introduced Cloud Control, a unified “agentic” platform for managing and defending critical IT infrastructure, reinforcing its push into AI-driven networking and enterprise automation. Cisco Unveils Agentic Platform for Operating and Defending Critical IT Infrastructure
- Positive Sentiment: The company also rolled out Live Protect and other cybersecurity tools designed to defend against AI-powered attacks, which could support future security software revenue. Cisco launches platform to defend against AI-powered cyber threats
- Positive Sentiment: Cisco highlighted a major AI networking opportunity, saying AI agents generate far more traffic than humans, which suggests stronger demand for its networking gear and related services. Cisco highlights AI networking opportunity as agents generate 450 percent more traffic than humans
- Positive Sentiment: HSBC upgraded Cisco Systems (CSCO) to Buy and sharply raised its price target, citing a stronger-than-expected AI infrastructure demand trend. HSBC Upgrades Cisco Systems (CSCO) on Surging AI Infrastructure Demand
- Neutral Sentiment: Goldman Sachs raised its price target on Cisco but kept a Neutral rating, signaling support for the name without a strong bullish call. Goldman Sachs adjusts price target on Cisco Systems to 125 from 116
- Neutral Sentiment: Trade chatter and options activity show strong investor interest, but these signals are more reflective of momentum than a clear fundamental change. 3 Stocks At The Center Of Trump’s AI Security Order
- Negative Sentiment: The stock has also run up sharply in recent weeks, so some of the AI optimism may already be priced in despite the company’s strong execution. Cisco Systems (CSCO) Is Up 8.2% After Record AI-Focused Quarter And New Cloud Control Platform – Has The Bull Case Changed?
Wall Street Analysts Forecast Growth
A number of research analysts have recently issued reports on CSCO shares. Citigroup boosted their price objective on Cisco Systems from $90.00 to $112.00 and gave the company a “buy” rating in a research note on Thursday, May 14th. The Goldman Sachs Group boosted their price objective on Cisco Systems from $116.00 to $125.00 and gave the company a “neutral” rating in a research note on Wednesday. Wells Fargo & Company boosted their price objective on Cisco Systems from $95.00 to $130.00 and gave the company an “overweight” rating in a research note on Thursday, May 14th. Piper Sandler boosted their price objective on Cisco Systems from $86.00 to $132.00 and gave the company a “neutral” rating in a research note on Thursday, May 14th. Finally, Barclays boosted their price objective on Cisco Systems from $76.00 to $121.00 and gave the company an “equal weight” rating in a research note on Thursday, May 14th. Two research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and eight have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $119.50.
Read Our Latest Research Report on Cisco Systems
Insider Activity
In other Cisco Systems news, EVP Deborah L. Stahlkopf sold 6,586 shares of the business’s stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of $117.31, for a total transaction of $772,603.66. Following the completion of the sale, the executive vice president directly owned 177,223 shares of the company’s stock, valued at approximately $20,790,030.13. The trade was a 3.58% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Jeetendra I. Patel sold 7,169 shares of the business’s stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of $117.28, for a total value of $840,780.32. Following the sale, the insider directly owned 246,737 shares of the company’s stock, valued at $28,937,315.36. This represents a 2.82% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 51,324 shares of company stock worth $5,559,834. Company insiders own 0.01% of the company’s stock.
About Cisco Systems
Cisco Systems, Inc is a global technology company that designs, manufactures and sells networking hardware, software and telecommunications equipment. Its core business focuses on enabling enterprise and service-provider networks through products such as routers, switches, network security appliances and wireless systems. Over time Cisco has broadened its portfolio to emphasize software-defined networking, cybersecurity, cloud infrastructure and edge computing solutions that help organizations build and manage modern IT environments.
In addition to hardware, Cisco offers a growing range of software platforms and subscription services for network management, security, analytics and collaboration.
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