Cisco Systems, Inc. (NASDAQ:CSCO – Get Free Report) EVP Deborah Stahlkopf sold 164,584 shares of the stock in a transaction that occurred on Friday, November 14th. The shares were sold at an average price of $77.85, for a total transaction of $12,812,864.40. Following the sale, the executive vice president directly owned 196,738 shares of the company’s stock, valued at $15,316,053.30. The trade was a 45.55% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.
Cisco Systems Stock Down 0.5%
Shares of CSCO stock traded down $0.41 during trading hours on Tuesday, reaching $77.37. 26,018,839 shares of the company’s stock were exchanged, compared to its average volume of 21,124,307. Cisco Systems, Inc. has a fifty-two week low of $52.11 and a fifty-two week high of $79.50. The stock’s 50 day moving average is $70.08 and its 200-day moving average is $67.70. The company has a current ratio of 1.00, a quick ratio of 0.91 and a debt-to-equity ratio of 0.49. The company has a market cap of $304.89 billion, a price-to-earnings ratio of 29.53, a P/E/G ratio of 3.00 and a beta of 0.95.
Cisco Systems (NASDAQ:CSCO – Get Free Report) last announced its earnings results on Wednesday, November 12th. The network equipment provider reported $1.00 earnings per share for the quarter, topping the consensus estimate of $0.98 by $0.02. The firm had revenue of $14.88 billion for the quarter, compared to the consensus estimate of $14.77 billion. Cisco Systems had a return on equity of 27.06% and a net margin of 18.45%.The firm’s revenue for the quarter was up 7.5% on a year-over-year basis. During the same period in the previous year, the business earned $0.91 EPS. Cisco Systems has set its FY 2026 guidance at 4.080-4.140 EPS. Q2 2026 guidance at 1.010-1.030 EPS. Analysts predict that Cisco Systems, Inc. will post 3.04 earnings per share for the current fiscal year.
Cisco Systems Dividend Announcement
Wall Street Analysts Forecast Growth
CSCO has been the topic of a number of research analyst reports. Piper Sandler boosted their price objective on shares of Cisco Systems from $70.00 to $86.00 and gave the company a “neutral” rating in a report on Thursday, November 13th. Bank of America lifted their price target on Cisco Systems from $85.00 to $95.00 and gave the stock a “buy” rating in a research report on Thursday, November 13th. UBS Group boosted their price target on Cisco Systems from $88.00 to $90.00 and gave the company a “buy” rating in a research note on Thursday, November 13th. Wells Fargo & Company raised their price objective on Cisco Systems from $83.00 to $95.00 and gave the stock an “overweight” rating in a research note on Thursday, November 13th. Finally, Evercore ISI lifted their target price on Cisco Systems from $74.00 to $80.00 and gave the stock an “in-line” rating in a report on Thursday, November 13th. Seventeen equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Cisco Systems currently has a consensus rating of “Moderate Buy” and an average price target of $84.14.
Read Our Latest Research Report on Cisco Systems
Institutional Inflows and Outflows
Institutional investors have recently bought and sold shares of the stock. Bare Financial Services Inc grew its stake in shares of Cisco Systems by 531.0% during the 2nd quarter. Bare Financial Services Inc now owns 366 shares of the network equipment provider’s stock worth $25,000 after purchasing an additional 308 shares during the period. Marquette Asset Management LLC purchased a new stake in Cisco Systems during the third quarter worth $25,000. Financial Connections Group Inc. grew its position in Cisco Systems by 89.4% during the second quarter. Financial Connections Group Inc. now owns 409 shares of the network equipment provider’s stock valued at $28,000 after buying an additional 193 shares during the period. Legacy Investment Solutions LLC purchased a new position in Cisco Systems in the second quarter valued at $28,000. Finally, Lowe Wealth Advisors LLC increased its holdings in Cisco Systems by 96.2% in the third quarter. Lowe Wealth Advisors LLC now owns 408 shares of the network equipment provider’s stock valued at $28,000 after buying an additional 200 shares in the last quarter. 73.33% of the stock is currently owned by hedge funds and other institutional investors.
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.
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