18,665 Cisco Systems, Inc. $CSCO Shares Bought by New York Life Investment Management LLC

Posted by George Bondi on Nov 11th, 2026

New York Life Investment Management LLC lifted its stake in shares of Cisco Systems, Inc. (NASDAQ:CSCO – Free Report) by 2.9% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 664,869 shares of the network equipment provider’s stock after purchasing an additional 18,665 shares during the period. New York Life Investment Management LLC’s holdings in Cisco Systems were worth $71,560,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. DMKC Advisory Services LLC bought a new stake in Cisco Systems during the 3rd quarter worth about $366,000. Cpwa LLC boosted its stake in shares of Cisco Systems by 25.9% in the 3rd quarter. Cpwa LLC now owns 2,294 shares of the network equipment provider’s stock valued at $265,000 after purchasing an additional 472 shares during the last quarter. Global Wealth Management Investment Advisory Inc. boosted its stake in shares of Cisco Systems by 1.9% in the 3rd quarter. Global Wealth Management Investment Advisory Inc. now owns 59,131 shares of the network equipment provider’s stock valued at $6,364,000 after purchasing an additional 1,110 shares during the last quarter. Gryphon Financial Partners LLC boosted its stake in shares of Cisco Systems by 15.6% in the 3rd quarter. Gryphon Financial Partners LLC now owns 33,167 shares of the network equipment provider’s stock valued at $3,570,000 after purchasing an additional 4,470 shares during the last quarter. Finally, M&G PLC grew its position in shares of Cisco Systems by 34.6% during the 3rd quarter. M&G PLC now owns 500,530 shares of the network equipment provider’s stock worth $54,057,000 after buying an additional 128,648 shares during the period. 73.33% of the stock is owned by institutional investors.

Cisco Systems Trading Down 0.5%

NASDAQ CSCO opened at $98.15 on Wednesday. Cisco Systems, Inc. has a one year low of $71.10 and a one 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 firm has a market cap of $386.97 billion, a P/E ratio of 29.39, a P/E/G ratio of 2.05 and a beta of 1.01. The stock’s 50-day moving average is $108.34 and its 200-day moving average is $101.87.

Cisco Systems (NASDAQ:CSCO – Get Free Report) last issued its quarterly earnings data on Wednesday, August 12th. The network equipment provider reported $1.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.17 by $0.05. The business had revenue of $17.25 billion during the quarter, compared to analyst estimates of $16.84 billion. Cisco Systems had a return on equity of 30.16% and a net margin of 20.95%. Cisco Systems’s quarterly revenue was up 17.6% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.99 EPS. Sell-side analysts anticipate that Cisco Systems, Inc. will post 4.42 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the stock. Zacks Research raised shares of Cisco Systems from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, September 30th. Morgan Stanley cut shares of 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 note on Thursday, November 5th. Piper Sandler lowered their target price on shares of Cisco Systems from $132.00 to $125.00 and set a “neutral” rating for the company in a report on Tuesday, September 22nd. UBS Group lifted their target price on shares of Cisco Systems from $132.00 to $138.00 and gave the stock a “buy” rating in a report on Thursday, August 13th. Finally, KeyCorp upped their target price on shares of Cisco Systems from $130.00 to $135.00 and gave the company an “overweight” rating in a research report on Thursday, August 13th. Three research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat, Cisco Systems presently has an average rating of “Moderate Buy” and an average price target of $127.87.

View Our Latest Stock Analysis on CSCO

Insider Transactions at Cisco Systems

In other Cisco Systems news, insider Jeetendra Patel sold 7,170 shares of Cisco Systems stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $111.57, for a total value of $799,956.90. Following the transaction, the insider owned 230,593 shares of the company’s stock, valued at approximately $25,727,261.01. The trade was a 3.02% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available 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 transaction of $2,412,387.12. Following the completion of the transaction, the chief executive officer owned 602,710 shares of the company’s stock, valued at $67,226,273.40. This trade represents a 3.46% 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. In the last 90 days, insiders have sold 44,869 shares of company stock valued at $5,005,620. 0.01% of the stock is currently owned by insiders.

More Cisco Systems News

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

Positive Sentiment: Investors are looking for Cisco’s results to benefit from AI infrastructure demand, hyperscaler investment and networking growth. The report will test whether those trends are translating into orders and revenue. Article: Should You Buy, Sell, or Hold Cisco Systems Stock Before Q1 Earnings?
Positive Sentiment: Cisco introduced AI security and observability updates, including adding Anthropic’s Claude Mythos to AI Defense for red-teaming AI applications and agents. The products could strengthen its position as companies seek to secure and monitor AI deployments. Article: Cisco Unveils Frontier AI Red Teaming and Agent Observability
Positive Sentiment: Schurz Broadband Group is deploying Cisco’s 8000 Series routing platform across four operating companies, providing a customer win for its next-generation networking equipment. Article: Schurz Broadband Group Advances its Enterprise Fiber Network with Cisco 8000 Series Routing
Positive Sentiment: ETFs were net buyers of about $85 million of Cisco shares on November 6, indicating institutional fund demand that may provide some support. Article: 60 ETFs Add to Cisco Holdings
Neutral Sentiment: The earnings announcement is a near-term catalyst, with options markets implying a potentially large move. Investors will focus on AI-related orders and margins; the outcome could amplify volatility. Article: Cisco Stock Faces a Massive Earnings Test
Negative Sentiment: Valuation is a concern after a substantial multi-year share-price run: investors are questioning whether Cisco’s current price is justified by its cash-generation outlook. ETF flows were also mixed, with net sales reported on November 5. Article: Is Cisco Systems Fully Priced After Its 104% Run?

Cisco Systems Profile

(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.