Advisors Asset Management Inc. Sells 42,356 Shares of Cisco Systems, Inc. $CSCO

Advisors Asset Management Inc. reduced its stake in Cisco Systems, Inc. (NASDAQ:CSCO) by 6.5% during the third quarter, according to its most recent filing with the SEC. The fund owned 611,262 shares of the network equipment provider’s stock after selling 42,356 shares during the quarter. Cisco Systems accounts for approximately 0.7% of Advisors Asset Management Inc.’s portfolio, making the stock its 13th largest holding. Advisors Asset Management Inc.’s holdings in Cisco Systems were worth $41,823,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the stock. Benchmark Financial Wealth Advisors LLC grew its position in shares of Cisco Systems by 1.4% during the 3rd quarter. Benchmark Financial Wealth Advisors LLC now owns 10,449 shares of the network equipment provider’s stock valued at $715,000 after acquiring an additional 142 shares during the period. Yoder Wealth Management Inc. lifted its stake in Cisco Systems by 3.8% in the third quarter. Yoder Wealth Management Inc. now owns 3,945 shares of the network equipment provider’s stock valued at $270,000 after purchasing an additional 143 shares during the last quarter. Wynn Capital LLC grew its holdings in Cisco Systems by 0.3% during the third quarter. Wynn Capital LLC now owns 48,456 shares of the network equipment provider’s stock valued at $3,315,000 after purchasing an additional 150 shares during the period. Old North State Trust LLC increased its position in Cisco Systems by 0.6% in the second quarter. Old North State Trust LLC now owns 24,534 shares of the network equipment provider’s stock worth $1,702,000 after buying an additional 151 shares during the last quarter. Finally, Boyd Watterson Asset Management LLC OH raised its stake in shares of Cisco Systems by 1.5% in the second quarter. Boyd Watterson Asset Management LLC OH now owns 10,445 shares of the network equipment provider’s stock valued at $725,000 after buying an additional 152 shares during the period. Hedge funds and other institutional investors own 73.33% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the company. Piper Sandler increased their price target on Cisco Systems from $70.00 to $86.00 and gave the stock a “neutral” rating in a research note on Thursday, November 13th. Wall Street Zen lowered shares of Cisco Systems from a “buy” rating to a “hold” rating in a research report on Saturday, November 22nd. UBS Group boosted their price target on shares of Cisco Systems from $88.00 to $90.00 and gave the company a “buy” rating in a research report on Thursday, November 13th. JPMorgan Chase & Co. upped their price target on shares of Cisco Systems from $90.00 to $95.00 and gave the company an “overweight” rating in a research note on Monday. Finally, Bank of America lifted their price objective on shares of Cisco Systems from $85.00 to $95.00 and gave the company a “buy” rating in a research note on Thursday, November 13th. One research analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $94.45.

Cisco Systems Stock Down 0.6%

CSCO opened at $86.29 on Wednesday. The firm has a market capitalization of $340.94 billion, a P/E ratio of 32.44, a price-to-earnings-growth ratio of 3.28 and a beta of 0.87. Cisco Systems, Inc. has a one year low of $52.11 and a one year high of $88.19. The company has a fifty day moving average price of $77.75 and a 200-day moving average price of $72.90. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.93 and a quick ratio of 0.83.

Cisco Systems (NASDAQ:CSCO) last posted its quarterly earnings data on Wednesday, November 12th. The network equipment provider reported $1.00 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.98 by $0.02. Cisco Systems had a return on equity of 27.29% and a net margin of 18.38%.The company had revenue of $14.88 billion during the quarter, compared to analyst estimates of $14.77 billion. During the same quarter last year, the company earned $0.91 earnings per share. The firm’s quarterly revenue was up 7.5% on a year-over-year basis. Equities research analysts expect that Cisco Systems, Inc. will post 3.04 earnings per share for the current fiscal year.

Insider Transactions at Cisco Systems

In other Cisco Systems news, EVP Thimaya K. Subaiya sold 1,745 shares of Cisco Systems stock in a transaction that occurred on Friday, December 12th. The shares were sold at an average price of $79.46, for a total transaction of $138,657.70. Following the completion of the sale, the executive vice president directly owned 176,319 shares in the company, valued at $14,010,307.74. The trade was a 0.98% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CEO Charles Robbins sold 116,734 shares of the business’s stock in a transaction that occurred on Tuesday, November 18th. The stock was sold at an average price of $77.30, for a total transaction of $9,023,538.20. Following the completion of the transaction, the chief executive officer directly owned 704,153 shares of the company’s stock, valued at approximately $54,431,026.90. This represents a 14.22% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 1,044,865 shares of company stock worth $81,397,635. 0.01% of the stock is owned by insiders.

Key Stories Impacting Cisco Systems

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

• Positive Sentiment: Cisco unveiled the Silicon One G300 chip, new N9000/8000 systems and optics aimed at AI data centers — positioning the company to capture AI networking spend versus Broadcom and Nvidia; this is a clear product-led catalyst for higher-margin networking revenue if hyperscalers and cloud builders adopt it. Cisco unveils new AI networking chip, taking on Broadcom and Nvidia
• Positive Sentiment: Management expanded AI-focused software and security capabilities (AgenticOps, AI Defense, AI-aware SASE) that can boost subscription/recurring revenue and stickiness for enterprise customers. Cisco Announces New Silicon One G300, Advanced Systems and Optics
• Positive Sentiment: Analysts and markets remain constructive: JPMorgan raised its price target and kept an overweight rating, and earnings-preview coverage highlights Cisco’s history of beating estimates — both support upside expectations ahead of the quarter. JPMorgan adjusts price target on Cisco Systems
• Neutral Sentiment: High-profile media attention (Jim Cramer noting Cisco’s sizable charitable-trust position; retrospective pieces on long-term investor returns) can increase flows/volatility but is not a direct earnings catalyst. Jim Cramer Notes That Cisco Is “Still a Sizeable Position for the Charitable Trust”
• Neutral Sentiment: Reported short-interest data for Feb. 10 looks anomalous (zero shares reported vs. prior), suggesting a data glitch rather than a real shift in bearish positioning — not a reliable signal.
• Negative Sentiment: Valuation and positioning risks: shares have rallied strongly year-over-year and the stock trades at an elevated P/E; ahead of fiscal Q2 results investors may trim positions for profit-taking or if guidance/near-term adoption signals fall short of optimistic expectations. Cisco Q2 Earnings Loom: Buy or Hold the CSCO Stock Ahead of Results?

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.