Maria Victoria Wong Sells 475 Shares of Cisco Systems (NASDAQ:CSCO) Stock

Cisco Systems, Inc. (NASDAQ:CSCO) SVP Maria Victoria Wong sold 475 shares of the business’s stock in a transaction that occurred on Friday, August 15th. The stock was sold at an average price of $68.61, for a total transaction of $32,589.75. Following the completion of the transaction, the senior vice president owned 34,630 shares of the company’s stock, valued at approximately $2,375,964.30. The trade was a 1.35% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Maria Victoria Wong also recently made the following trade(s):

• On Wednesday, June 11th, Maria Victoria Wong sold 762 shares of Cisco Systems stock. The shares were sold at an average price of $64.07, for a total transaction of $48,821.34.
• On Wednesday, May 28th, Maria Victoria Wong sold 4,185 shares of Cisco Systems stock. The shares were sold at an average price of $63.51, for a total transaction of $265,789.35.

Cisco Systems Price Performance

Shares of NASDAQ:CSCO opened at $67.11 on Thursday. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.01 and a quick ratio of 0.92. Cisco Systems, Inc. has a 1-year low of $47.85 and a 1-year high of $72.55. The company has a market capitalization of $265.76 billion, a P/E ratio of 25.61, a P/E/G ratio of 2.84 and a beta of 0.91. The firm’s 50 day simple moving average is $68.09 and its two-hundred day simple moving average is $63.47.

Cisco Systems (NASDAQ:CSCO) last announced its quarterly earnings data on Wednesday, August 13th. The network equipment provider reported $0.99 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.98 by $0.01. The business had revenue of $14.67 billion during the quarter, compared to analyst estimates of $14.63 billion. Cisco Systems had a net margin of 18.45% and a return on equity of 27.02%. The company’s revenue was up 7.6% on a year-over-year basis. During the same period last year, the firm posted $0.87 EPS. Cisco Systems has set its Q1 2026 guidance at 0.970-0.990 EPS. FY 2026 guidance at 4.000-4.060 EPS. Research analysts expect that Cisco Systems, Inc. will post 3.04 EPS for the current fiscal year.

Cisco Systems Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 22nd. Investors of record on Friday, October 3rd will be issued a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a yield of 2.4%. The ex-dividend date of this dividend is Friday, October 3rd. Cisco Systems’s dividend payout ratio (DPR) is presently 62.60%.

Hedge Funds Weigh In On Cisco Systems

Hedge funds have recently bought and sold shares of the company. Brighton Jones LLC boosted its stake in shares of Cisco Systems by 49.5% during the 4th quarter. Brighton Jones LLC now owns 74,187 shares of the network equipment provider’s stock valued at $4,392,000 after buying an additional 24,562 shares during the last quarter. Revolve Wealth Partners LLC lifted its holdings 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 worth $542,000 after purchasing an additional 2,474 shares during the last quarter. Transce3nd LLC bought a new position in Cisco Systems in the 4th quarter worth approximately $96,000. Alpine Global Management LLC bought a new position in Cisco Systems in the 4th quarter worth approximately $233,000. Finally, Alta Advisers Ltd raised its holdings in Cisco Systems by 20.9% during the fourth quarter. Alta Advisers Ltd now owns 13,059 shares of the network equipment provider’s stock worth $773,000 after purchasing an additional 2,259 shares in the last quarter. 73.33% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of analysts have weighed in on CSCO shares. Barclays upped their target price on Cisco Systems from $66.00 to $71.00 and gave the stock an “equal weight” rating in a report on Thursday, August 14th. Piper Sandler upped their price objective on Cisco Systems from $64.00 to $70.00 and gave the stock a “neutral” rating in a research report on Thursday, August 14th. New Street Research restated a “neutral” rating and issued a $70.00 target price on shares of Cisco Systems in a research report on Friday, May 16th. JPMorgan Chase & Co. upped their price target on Cisco Systems from $73.00 to $78.00 and gave the company an “overweight” rating in a research report on Thursday, July 17th. Finally, Bank of America upped their target price on Cisco Systems from $76.00 to $85.00 and gave the company a “buy” rating in a report on Thursday, August 14th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and ten have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $74.53.

About Cisco Systems

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.