Cisco Systems, Inc. $CSCO Shares Sold by Gen Wealth Partners Inc

Gen Wealth Partners Inc lowered its position in Cisco Systems, Inc. (NASDAQ:CSCO – Free Report) by 24.2% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 18,347 shares of the network equipment provider’s stock after selling 5,857 shares during the period. Gen Wealth Partners Inc’s holdings in Cisco Systems were worth $1,975,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the business. Bridgewater Advisors Inc. acquired a new stake in Cisco Systems in the 2nd quarter valued at about $6,442,000. Beacon Pointe Advisors LLC bought a new position in shares of Cisco Systems in the second quarter worth about $60,009,000. Western Wealth Management LLC lifted its position in shares of Cisco Systems by 60.5% during the first quarter. Western Wealth Management LLC now owns 76,372 shares of the network equipment provider’s stock worth $5,926,000 after purchasing an additional 28,792 shares in the last quarter. ABN AMRO Bank N.V. acquired a new position in shares of Cisco Systems during the second quarter worth approximately $19,114,000. Finally, Envestnet Portfolio Solutions Inc. lifted its position in shares of Cisco Systems by 24.6% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 363,506 shares of the network equipment provider’s stock worth $47,287,000 after purchasing an additional 71,774 shares in the last quarter. 73.33% of the stock is owned by institutional investors and hedge funds.

Cisco Systems Stock Performance

Cisco Systems stock opened at $98.65 on Tuesday. The company has a current ratio of 0.93, a quick ratio of 0.79 and a debt-to-equity ratio of 0.39. Cisco Systems, Inc. has a 1 year low of $71.10 and a 1 year high of $130.37. The company has a market cap of $388.94 billion, a PE ratio of 29.54, a PEG ratio of 2.16 and a beta of 1.01. The company’s 50-day moving average is $108.59 and its two-hundred day moving average is $101.75.

Cisco Systems (NASDAQ:CSCO – Get Free Report) last issued its earnings results on Wednesday, August 12th. The network equipment provider reported $1.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.17 by $0.05. Cisco Systems had a net margin of 20.95% and a return on equity of 30.16%. The company had revenue of $17.25 billion for the quarter, compared to analyst estimates of $16.84 billion. During the same quarter last year, the firm earned $0.99 EPS. The company’s revenue for the quarter 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. Equities analysts anticipate that Cisco Systems, Inc. will post 4.42 earnings per share for the current year.

Cisco Systems Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, October 21st. Investors of record on Friday, October 2nd were issued a $0.42 dividend. This represents a $1.68 annualized dividend and a yield of 1.7%. The ex-dividend date was Friday, October 2nd. Cisco Systems’s dividend payout ratio is currently 50.30%.

Insider Transactions at Cisco Systems

In other Cisco Systems news, EVP Thimaya K. Subaiya sold 5,832 shares of the company’s stock in a transaction on Wednesday, August 19th. The shares were sold at an average price of $111.47, for a total transaction of $650,093.04. Following the completion of the sale, the executive vice president owned 128,382 shares in the company, valued at approximately $14,310,741.54. The trade was a 4.35% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Charles Robbins sold 21,628 shares of the stock in a transaction on Friday, August 14th. The shares were sold at an average price of $111.54, for a total value of $2,412,387.12. Following the completion of the transaction, the chief executive officer directly owned 602,710 shares in the company, valued at approximately $67,226,273.40. This trade represents a 3.46% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders sold 44,869 shares of company stock valued at $5,005,620. 0.01% of the stock is currently owned by company insiders.

Trending Headlines about Cisco Systems

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

  • Positive Sentiment: Cisco is expanding its AI-security tools: AI Defense will use Anthropic’s Claude Mythos for adversarial testing of AI applications and agents, alongside new Splunk Agent Observability and Cisco IQ capabilities. The launch could strengthen Cisco’s position as businesses seek ways to secure and monitor AI agents. Cisco AI security announcement
  • Positive Sentiment: One analysis suggests Cisco shares could be undervalued by about 15%, offering a potential valuation argument for investors. Cisco valuation analysis
  • Neutral Sentiment: The November 12 earnings report is the main near-term catalyst. Investors will look for evidence that AI infrastructure demand supports Cisco’s growth and its stated $7.5 billion AI target; options trading points to expectations of a potentially large post-earnings move. Cisco earnings and options outlook
  • Negative Sentiment: Risk appetite remains a headwind: reports cite a roughly 20% decline in CSCO and a $145 billion loss in market value from its peak, while ETFs were net sellers of $64.1 million in shares on November 5. ETF flows for Cisco
  • Negative Sentiment: A Morgan Stanley analyst reportedly moved Cisco to Equal-weight, adding to caution ahead of results. Investors may also be wary if earnings fail to reassure the market about AI-related demand. Cisco earnings expectations and AI concerns

Analyst Ratings Changes

Several research firms have recently commented on CSCO. Truist Financial increased their price target on shares of Cisco Systems from $125.00 to $140.00 and gave the company a “buy” rating in a research note on Thursday, August 13th. Wells Fargo & Company upped their price objective on Cisco Systems from $130.00 to $150.00 and gave the stock an “overweight” rating in a report on Thursday, August 13th. HSBC lowered Cisco Systems from a “buy” rating to a “hold” rating and decreased their price objective for the company from $137.00 to $120.00 in a research report on Friday, August 14th. Wall Street Zen cut Cisco Systems from a “buy” rating to a “hold” rating in a research note on Saturday. Finally, Barclays lifted their target price on Cisco Systems from $121.00 to $123.00 and gave the company an “equal weight” rating in a research note on Thursday, August 13th. Three equities research analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and eight have given a Hold rating to the stock. According to data from MarketBeat.com, Cisco Systems presently has a consensus rating of “Moderate Buy” and a consensus target price of $127.87.

Get Our Latest Analysis on Cisco Systems

About Cisco Systems

(Free Report)

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.

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Institutional Ownership by Quarter for Cisco Systems (NASDAQ:CSCO)

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