22,154 Cisco Systems, Inc. $CSCO Shares Sold by Jefferies Financial Group Inc.

Jefferies Financial Group Inc. reduced its holdings in Cisco Systems, Inc. (NASDAQ:CSCO) by 68.3% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 10,284 shares of the network equipment provider’s stock after selling 22,154 shares during the quarter. Jefferies Financial Group Inc.’s holdings in Cisco Systems were worth $1,107,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. BlackRock Inc. acquired a new stake in Cisco Systems in the 2nd quarter worth about $42,129,647,000. State Street Corp increased its stake in shares of Cisco Systems by 7.0% during the 2nd quarter. State Street Corp now owns 207,106,569 shares of the network equipment provider’s stock valued at $25,278,492,000 after acquiring an additional 13,512,872 shares during the last quarter. Bank of America Corp DE acquired a new position in shares of Cisco Systems during the 2nd quarter valued at about $5,892,379,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in shares of Cisco Systems by 2.7% during the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 43,450,141 shares of the network equipment provider’s stock worth $5,103,654,000 after acquiring an additional 1,143,106 shares during the period. Finally, Bank of New York Mellon Corp purchased a new position in shares of Cisco Systems during the 2nd quarter worth about $4,714,574,000. 73.33% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on CSCO shares. Freedom Capital raised shares of Cisco Systems from a “hold” rating to a “strong-buy” rating in a research report on Sunday, August 16th. Truist Financial dropped their price target on shares of Cisco Systems from $140.00 to $127.00 and set a “buy” rating for the company in a research report on Friday. HSBC downgraded shares of Cisco Systems from a “buy” rating to a “hold” rating and cut their price target for the stock from $137.00 to $120.00 in a research note on Friday, August 14th. Weiss Ratings reiterated a “buy (b)” rating on shares of Cisco Systems in a report on Wednesday, August 26th. Finally, Sanford C. Bernstein assumed coverage on shares of Cisco Systems in a research note on Wednesday, September 30th. They set a “market perform” rating and a $110.00 price objective for the company. Three research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and eight have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $125.64.

More Cisco Systems News

Investors following CSCO have been watching these news items:

• Positive Sentiment: Cisco reported revenue of $18.5 billion and adjusted EPS of $1.40, beating estimates. It raised fiscal 2027 revenue guidance to $74.8–$75.8 billion and EPS guidance to $5.47–$5.53, and lifted its AI revenue target to $9 billion. Strong AI-infrastructure and networking demand underpin the outlook. Reuters: Cisco raises annual revenue forecast
• Neutral Sentiment: Several analysts lowered price targets after the results, but kept positive or neutral ratings. Citigroup cut its target to $120 and Wells Fargo to $130, both retaining Buy or Overweight; other firms also trimmed targets. The revisions reflect caution about near-term execution, even as analysts see potential upside. Benzinga: Analyst cuts Cisco price target
• Negative Sentiment: Fiscal Q1 product orders rose 21%, but missed expectations and slowed from the prior period, raising questions about the pace of demand growth. Yahoo Finance: Cisco down on expectations miss

Cisco Systems Trading Down 6.2%

NASDAQ:CSCO traded down $6.37 on Friday, hitting $95.64. 28,551,419 shares of the stock were exchanged, compared to its average volume of 19,473,690. The stock has a market cap of $377.07 billion, a PE ratio of 25.44, a PEG ratio of 2.09 and a beta of 1.01. The company has a current ratio of 0.93, a quick ratio of 0.79 and a debt-to-equity ratio of 0.39. The stock has a fifty day moving average of $107.76 and a 200-day moving average of $102.21. Cisco Systems, Inc. has a fifty-two week low of $72.80 and a fifty-two week high of $130.37.

Cisco Systems (NASDAQ:CSCO) last released its quarterly earnings data on Thursday, November 12th. The network equipment provider reported $1.40 EPS for the quarter, topping analysts’ consensus estimates of $1.33 by $0.07. The company had revenue of $18.52 billion for the quarter, compared to the consensus estimate of $18.12 billion. Cisco Systems had a return on equity of 33.06% and a net margin of 22.34%. During the same period last year, the business posted $1.00 EPS. Cisco Systems has set its Q2 2027 guidance at 1.340-1.360 EPS and its FY 2027 guidance at 5.470-5.530 EPS. As a group, equities analysts expect that Cisco Systems, Inc. will post 4.48 earnings per share for the current fiscal year.

Cisco Systems Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 20th. Investors of record on Monday, January 4th will be given a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date of this dividend is Monday, January 4th. Cisco Systems’s dividend payout ratio is 50.30%.

Insider Activity at Cisco Systems

In related news, EVP Thimaya Subaiya sold 5,832 shares of the firm’s stock in a transaction that occurred on Wednesday, August 19th. The shares were sold at an average price of $111.47, for a total value of $650,093.04. Following the transaction, the executive vice president owned 128,382 shares in the company, valued at approximately $14,310,741.54. This trade represents a 4.35% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Oliver Tuszik sold 680 shares of Cisco Systems stock in a transaction that occurred on Monday, September 14th. The shares were sold at an average price of $110.18, for a total transaction of $74,922.40. Following the transaction, the executive vice president directly owned 163,337 shares in the company, valued at approximately $17,996,470.66. This trade represents a 0.41% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 6,824 shares of company stock worth $759,392 in the last 90 days. 0.01% of the stock is currently owned by insiders.

Cisco Systems Company Profile

Cisco Systems, Inc. develops networking, cybersecurity, collaboration and observability technologies for businesses, governments and other organizations. Its products include routers, switches, wireless systems and data center infrastructure, along with security software and services that help organizations connect and protect their networks. The company also provides collaboration tools through its Webex platform and observability capabilities through its software offerings, including technology from Splunk, which Cisco acquired in 2024.