Cisco Systems, Inc. $CSCO Shares Sold by Profund Advisors LLC

Profund Advisors LLC lessened its position in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 4.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 367,739 shares of the network equipment provider’s stock after selling 16,777 shares during the quarter. Cisco Systems makes up about 1.1% of Profund Advisors LLC’s investment portfolio, making the stock its 16th largest position. Profund Advisors LLC’s holdings in Cisco Systems were worth $39,580,000 at the end of the most recent reporting period.

Other institutional investors have also bought and sold shares of the company. ProShare Advisors LLC boosted its stake in Cisco Systems by 3.6% in the 3rd quarter. ProShare Advisors LLC now owns 4,746,236 shares of the network equipment provider’s stock worth $510,837,000 after purchasing an additional 163,745 shares during the period. Vise Technologies Inc. raised its position in Cisco Systems by 4.0% during the 3rd quarter. Vise Technologies Inc. now owns 389,371 shares of the network equipment provider’s stock worth $41,908,000 after purchasing an additional 15,088 shares during the last quarter. Investment Partners LTD. boosted its position in shares of Cisco Systems by 61.3% during the 3rd quarter. Investment Partners LTD. now owns 20,938 shares of the network equipment provider’s stock valued at $2,254,000 after purchasing an additional 7,960 shares in the last quarter. Summit Global Investments grew its stake in Cisco Systems by 144.1% in the third quarter. Summit Global Investments now owns 47,180 shares of the network equipment provider’s stock valued at $5,078,000 after acquiring an additional 27,850 shares during the period. Finally, Coyle Financial Counsel LLC lifted its position in shares of Cisco Systems by 15.2% during the 3rd quarter. Coyle Financial Counsel LLC now owns 2,406 shares of the network equipment provider’s stock worth $259,000 after buying an additional 318 shares in the last quarter. Institutional investors and hedge funds own 73.33% of the company’s stock.

Trending Headlines about Cisco Systems

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

• Positive Sentiment: AI infrastructure remains a key growth catalyst. Cisco is benefiting from rising hyperscaler demand for networking equipment, while AI workloads, 5G, Wi-Fi 7, and broader connectivity needs support the networking industry’s expansion. Cisco Gains From AI Networking Boom
• Positive Sentiment: Industry research projects the global virtualization-security market will grow from $1.7 billion in 2025 to $4.9 billion by 2032, creating potential demand for Cisco’s security, segmentation, and cloud-native offerings. Virtualization Security Market Report
• Positive Sentiment: Mobile virtualization is projected to reach $21 billion by 2032, with remote work, BYOD, 5G, and tighter data regulations supporting longer-term opportunities for Cisco’s networking and security businesses. Mobile Virtualization Market Report
• Positive Sentiment: Analysts maintain a favorable view ahead of earnings, with a reported consensus price target of $128.52, implying continued confidence in Cisco’s outlook. Cisco Consensus Price Target
• Positive Sentiment: Cisco is experimenting with an AI-assisted rewrite of approximately 98% of its code under a young engineering leader, potentially improving development speed and product productivity, although execution remains unproven. Cisco AI Code Rewrite
• Neutral Sentiment: Cisco’s upcoming report is receiving positive analyst attention after the stock outperformed the broader market, but the preview also raises the bar for results and forward guidance. Cisco Earnings Preview
• Neutral Sentiment: The company’s AI-security and quantum-safe initiatives could strengthen its long-term product portfolio, though the articles provide limited evidence of near-term financial impact. Cisco AI Security and Quantum-Safe Push
• Negative Sentiment: Competitive pressure is increasing: Dell is expanding its AI-security and cyber-resilience capabilities, potentially challenging Cisco in enterprise infrastructure and security markets. Dell Expands AI Security Capabilities
• Negative Sentiment: Recent weakness relative to the broader market suggests investors may be taking profits or demanding stronger earnings and guidance, particularly with CSCO trading at a relatively elevated earnings multiple.

Insider Activity at Cisco Systems

In related news, EVP Thimaya Subaiya sold 5,832 shares of the company’s stock in a transaction that occurred on Wednesday, August 19th. The stock was sold at an average price of $111.47, for a total value of $650,093.04. Following the transaction, the executive vice president directly owned 128,382 shares in the company, valued at approximately $14,310,741.54. This represents a 4.35% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Deborah Stahlkopf sold 6,487 shares of the company’s stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $111.53, for a total value of $723,495.11. Following the sale, the executive vice president directly owned 167,116 shares of the company’s stock, valued at approximately $18,638,447.48. This represents a 3.74% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 44,869 shares of company stock valued at $5,005,620 in the last ninety days. 0.01% of the stock is currently owned by company insiders.

Cisco Systems Stock Performance

Shares of CSCO opened at $104.51 on Friday. Cisco Systems, Inc. has a twelve month low of $70.54 and a twelve month high of $130.37. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.79 and a current ratio of 0.93. The firm’s 50 day moving average price is $110.00 and its two-hundred day moving average price is $101.01. The firm has a market cap of $412.04 billion, a P/E ratio of 31.29, a PEG ratio of 2.18 and a beta of 0.99.

Cisco Systems (NASDAQ:CSCO) last issued its quarterly earnings data on Wednesday, August 12th. The network equipment provider reported $1.22 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.17 by $0.05. Cisco Systems had a net margin of 20.95% and a return on equity of 30.16%. The business had revenue of $17.25 billion during the quarter, compared to analyst estimates of $16.84 billion. During the same quarter last year, the business earned $0.99 EPS. The firm’s quarterly revenue was up 17.6% on a year-over-year basis. Cisco Systems has set its FY 2027 guidance at 5.050-5.110 EPS and its Q1 2027 guidance at 1.320-1.340 EPS. On average, analysts forecast that Cisco Systems, Inc. will post 4.42 EPS for the current fiscal year.

Cisco Systems Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, October 21st. Shareholders of record on Friday, October 2nd were paid a $0.42 dividend. The ex-dividend date was Friday, October 2nd. This represents a $1.68 dividend on an annualized basis and a yield of 1.6%. Cisco Systems’s dividend payout ratio (DPR) is 50.30%.

Analyst Ratings Changes

Several brokerages recently issued reports on CSCO. HSBC cut shares of Cisco Systems from a “buy” rating to a “hold” rating and reduced their price target for the company from $137.00 to $120.00 in a research report on Friday, August 14th. UBS Group raised their price objective on Cisco Systems from $132.00 to $138.00 and gave the stock a “buy” rating in a research report on Thursday, August 13th. Truist Financial boosted their price objective on Cisco Systems from $125.00 to $140.00 and gave the stock a “buy” rating in a research note on Thursday, August 13th. Deutsche Bank Aktiengesellschaft started coverage on Cisco Systems in a research note on Tuesday, September 1st. They set a “buy” rating and a $135.00 target price for the company. Finally, Piper Sandler lowered their target price on shares of Cisco Systems from $132.00 to $125.00 and set a “neutral” rating on the stock in a report on Tuesday, September 22nd. Three equities research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $128.52.

Cisco Systems Profile

Cisco Systems, Inc is a global technology company that develops networking, cybersecurity, collaboration and observability solutions for businesses, government organizations and service providers. Its offerings include routers, switches, wireless networking equipment, data-center infrastructure, security software and services, as well as technologies that support cloud and hybrid IT environments.

The company also provides collaboration tools through its Webex portfolio, cloud-managed networking through Cisco Meraki and security and observability capabilities that include technologies from Splunk, which Cisco acquired in 2024.