Cisco Systems (NASDAQ:CSCO) EVP Sells $138,657.70 in Stock

Cisco Systems, Inc. (NASDAQ:CSCO) EVP Thimaya Subaiya sold 1,745 shares of the stock in a transaction on Friday, December 12th. The stock was sold at an average price of $79.46, for a total value of $138,657.70. Following the sale, the executive vice president directly owned 176,319 shares in the company, valued at approximately $14,010,307.74. This trade represents a 0.98% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link.

Cisco Systems Stock Down 1.9%

CSCO stock opened at $77.80 on Monday. Cisco Systems, Inc. has a 52 week low of $52.11 and a 52 week high of $80.82. The business has a 50-day simple moving average of $73.77 and a 200 day simple moving average of $69.77. The company has a quick ratio of 0.83, a current ratio of 0.93 and a debt-to-equity ratio of 0.46. The company has a market cap of $307.39 billion, a PE ratio of 29.25, a price-to-earnings-growth ratio of 2.94 and a beta of 0.87.

Cisco Systems (NASDAQ:CSCO) last released its earnings results on Wednesday, November 12th. The network equipment provider reported $1.00 EPS for the quarter, beating the consensus estimate of $0.98 by $0.02. The firm had revenue of $14.88 billion for the quarter, compared to analyst estimates of $14.77 billion. Cisco Systems had a net margin of 18.38% and a return on equity of 27.29%. The business’s quarterly revenue was up 7.5% compared to the same quarter last year. During the same period last year, the firm earned $0.91 EPS. Cisco Systems has set its FY 2026 guidance at 4.080-4.140 EPS and its Q2 2026 guidance at 1.010-1.030 EPS. Sell-side analysts anticipate that Cisco Systems, Inc. will post 3.04 EPS for the current fiscal year.

Cisco Systems Announces Dividend

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

Analyst Upgrades and Downgrades

CSCO has been the topic of several recent analyst reports. Piper Sandler lifted their price target on Cisco Systems from $70.00 to $86.00 and gave the company a “neutral” rating in a research note on Thursday, November 13th. Citigroup raised 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. Citic Securities boosted their target price on Cisco Systems from $75.00 to $90.00 in a research note on Monday, November 17th. KeyCorp increased their target price on shares of Cisco Systems from $77.00 to $87.00 and gave the stock an “overweight” rating in a report on Thursday, November 13th. Finally, UBS Group lifted their price target on shares of Cisco Systems from $88.00 to $90.00 and gave the company a “buy” rating in a report on Thursday, November 13th. Seventeen research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $84.14.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Painted Porch Advisors LLC raised its holdings in Cisco Systems by 9.9% in the 3rd quarter. Painted Porch Advisors LLC now owns 4,551 shares of the network equipment provider’s stock valued at $311,000 after buying an additional 409 shares during the last quarter. Saranac Partners Ltd acquired a new position in Cisco Systems in the 3rd quarter valued at approximately $231,000. Severin Investments LLC raised its stake in shares of Cisco Systems by 115.5% during the third quarter. Severin Investments LLC now owns 13,970 shares of the network equipment provider’s stock valued at $956,000 after acquiring an additional 7,488 shares during the last quarter. IFP Advisors Inc lifted its holdings in shares of Cisco Systems by 11.3% during the third quarter. IFP Advisors Inc now owns 120,635 shares of the network equipment provider’s stock worth $8,338,000 after purchasing an additional 12,239 shares during the period. Finally, Polar Asset Management Partners Inc. bought a new stake in shares of Cisco Systems in the third quarter worth $550,000. Institutional investors and hedge funds own 73.33% of the company’s stock.

Cisco Systems Company Profile

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.