Intrepid Financial Planning Group LLC Takes Position in Cisco Systems, Inc. $CSCO

Intrepid Financial Planning Group LLC acquired a new stake in shares of Cisco Systems, Inc. (NASDAQ:CSCO) in the 2nd quarter, HoldingsChannel reports. The firm acquired 3,080 shares of the network equipment provider’s stock, valued at approximately $214,000.

A number of other institutional investors have also modified their holdings of the stock. Legacy Investment Solutions LLC purchased a new position in Cisco Systems in the 2nd quarter valued at $28,000. Financial Connections Group Inc. boosted its holdings in shares of Cisco Systems by 89.4% in the second quarter. Financial Connections Group Inc. now owns 409 shares of the network equipment provider’s stock valued at $28,000 after acquiring an additional 193 shares in the last quarter. Brown Shipley& Co Ltd acquired a new position in shares of Cisco Systems during the second quarter worth about $32,000. Pandora Wealth Inc. purchased a new position in Cisco Systems during the first quarter worth about $31,000. Finally, Nova Wealth Management Inc. acquired a new stake in Cisco Systems in the first quarter valued at about $31,000. Institutional investors and hedge funds own 73.33% of the company’s stock.

Wall Street Analyst Weigh In

CSCO has been the topic of several recent analyst reports. BNP Paribas Exane boosted their target price on Cisco Systems from $76.00 to $86.00 and gave the stock an “outperform” rating in a research report on Thursday, November 13th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Cisco Systems in a report on Thursday, October 30th. Evercore ISI increased their price objective on Cisco Systems from $74.00 to $80.00 and gave the stock an “in-line” rating in a research report on Thursday, November 13th. KeyCorp raised their target price on Cisco Systems from $77.00 to $87.00 and gave the company an “overweight” rating in a report on Thursday, November 13th. Finally, Argus upped their price target on shares of Cisco Systems from $80.00 to $100.00 in a research note on Thursday, November 13th. Seventeen investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat.com, Cisco Systems currently has an average rating of “Moderate Buy” and an average target price of $84.14.

Insider Buying and Selling

In other news, CEO Charles Robbins sold 116,734 shares of the stock in a transaction that occurred on Tuesday, November 18th. The shares were sold at an average price of $77.30, for a total value of $9,023,538.20. Following the sale, the chief executive officer directly owned 704,153 shares in the company, valued at $54,431,026.90. This represents a 14.22% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Thimaya K. Subaiya sold 1,744 shares of Cisco Systems stock in a transaction that occurred on Friday, September 12th. The stock was sold at an average price of $66.78, for a total value of $116,464.32. Following the transaction, the executive vice president owned 158,009 shares of the company’s stock, valued at $10,551,841.02. This represents a 1.09% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 961,950 shares of company stock valued at $74,696,164. 0.01% of the stock is owned by company insiders.

Cisco Systems Stock Performance

Shares of CSCO stock opened at $77.37 on Wednesday. The stock has a fifty day moving average price of $70.29 and a 200 day moving average price of $67.83. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.91 and a current ratio of 1.00. The stock has a market cap of $304.89 billion, a PE ratio of 29.53, a P/E/G ratio of 3.00 and a beta of 0.95. Cisco Systems, Inc. has a 1 year low of $52.11 and a 1 year high of $79.50.

Cisco Systems (NASDAQ:CSCO) last announced its quarterly earnings results on Wednesday, November 12th. The network equipment provider reported $1.00 earnings per share for the quarter, beating analysts’ consensus estimates of $0.98 by $0.02. The business had revenue of $14.88 billion during the quarter, compared to analysts’ expectations of $14.77 billion. Cisco Systems had a return on equity of 27.06% and a net margin of 18.45%.The business’s revenue for the quarter was up 7.5% on a year-over-year basis. During the same quarter last year, the business posted $0.91 earnings per share. Cisco Systems has set its FY 2026 guidance at 4.080-4.140 EPS. Q2 2026 guidance at 1.010-1.030 EPS. Sell-side analysts forecast that Cisco Systems, Inc. will post 3.04 earnings per share for the current fiscal year.

Cisco Systems Dividend Announcement

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 given a dividend of $0.41 per share. The ex-dividend date is Friday, January 2nd. This represents a $1.64 dividend on an annualized basis and a yield of 2.1%. Cisco Systems’s payout ratio is presently 61.65%.

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.