108,339 Cisco Systems, Inc. $CSCO Shares Sold by Crossmark Global Holdings Inc.

Crossmark Global Holdings Inc. reduced its holdings in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 13.9% during the third quarter, HoldingsChannel.com reports. The fund owned 668,373 shares of the network equipment provider’s stock after selling 108,339 shares during the quarter. Cisco Systems makes up approximately 0.9% of Crossmark Global Holdings Inc.’s investment portfolio, making the stock its 15th largest position. Crossmark Global Holdings Inc.’s holdings in Cisco Systems were worth $71,937,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the business. Halbert Hargrove Global Advisors LLC grew its stake in Cisco Systems by 142.5% in the 3rd quarter. Halbert Hargrove Global Advisors LLC now owns 257 shares of the network equipment provider’s stock valued at $28,000 after purchasing an additional 151 shares during the period. Blueline Advisors LLC bought a new stake in shares of Cisco Systems during the 3rd quarter worth $32,000. Networth Advisors LLC raised its stake in shares of Cisco Systems by 276.4% during the 1st quarter. Networth Advisors LLC now owns 335 shares of the network equipment provider’s stock worth $26,000 after purchasing an additional 246 shares during the period. GK Wealth Management LLC purchased a new position in shares of Cisco Systems in the 3rd quarter worth about $37,000. Finally, Manning & Napier Advisors LLC boosted its holdings in shares of Cisco Systems by 137.0% in the 1st quarter. Manning & Napier Advisors LLC now owns 346 shares of the network equipment provider’s stock worth $27,000 after buying an additional 200 shares during the last quarter. 73.33% of the stock is currently owned by institutional investors.

Key Cisco Systems News

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

• Positive Sentiment: Analysts argue that Cisco’s networking equipment, security products and software could benefit as enterprises and data centers continue expanding AI infrastructure. Cisco’s established customer base and cash generation may provide an advantage as spending broadens beyond chips to networking, power and cooling. Is Networking Demand Anchoring Cash-Rich Cisco Systems?
• Positive Sentiment: Cisco’s Splunk business highlighted growing demand for observability tools as AI agents create unpredictable workloads, telemetry expenses and software bills. Monitoring agent performance and controlling waste could support recurring software demand and strengthen Cisco’s AI-related growth narrative. Splunk State of Observability 2026
• Positive Sentiment: World Wide Technology earned Cisco’s Secure AI Infrastructure Specialization, providing evidence of partner adoption for Cisco’s security and AI infrastructure offerings. World Wide Technology Achieves Cisco Secure AI Infrastructure Specialization
• Positive Sentiment: Strategist Tom Lee cited Cisco’s 1990s rally as a precedent for buying an AI-related pullback, reinforcing the view that the current AI investment cycle could have several years to run. Strategist Tom Lee Says He’s Buying the AI Stock Dip
• Neutral Sentiment: Commentary suggests Cisco could help customers reduce the unpredictable operating costs associated with AI agents, potentially creating demand for monitoring and optimization tools, although the opportunity remains dependent on enterprise adoption. Cisco Can Profit From Helping Customers Spend Less on AI?
• Negative Sentiment: Investors remain concerned that Arista Networks may have a more focused, margin-rich position in modern AI data-center networking. Cisco’s broader, legacy enterprise exposure could pressure growth and margins if it loses key design wins. Arista Networks Versus Cisco Systems

Insider Buying and Selling

In other news, CEO Charles Robbins sold 21,628 shares of Cisco Systems stock in a transaction on Friday, August 14th. The stock was 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. The trade was a 3.46% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Jeetendra Patel sold 7,170 shares of the business’s stock in a transaction on Friday, August 14th. The shares were sold at an average price of $111.57, for a total value of $799,956.90. Following the sale, the insider owned 230,593 shares in the company, valued at approximately $25,727,261.01. The trade was a 3.02% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 44,869 shares of company stock valued at $5,005,620 in the last 90 days. Corporate insiders own 0.01% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently weighed in on the stock. Deutsche Bank Aktiengesellschaft assumed coverage on shares of Cisco Systems in a research report on Tuesday, September 1st. They set a “buy” rating and a $135.00 price target for the company. Morgan Stanley lifted their price objective on shares of Cisco Systems from $130.00 to $135.00 and gave the stock an “overweight” rating in a research report on Thursday, August 13th. Freedom Capital raised shares of Cisco Systems from a “hold” rating to a “strong-buy” rating in a research report on Sunday, August 16th. Piper Sandler dropped their target price on shares of Cisco Systems from $132.00 to $125.00 and set a “neutral” rating on the stock in a research note on Tuesday, September 22nd. Finally, UBS Group increased their target price on shares of Cisco Systems from $132.00 to $138.00 and gave the company a “buy” rating in a research report on Thursday, August 13th. Three analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $128.52.

Cisco Systems Stock Up 0.5%

CSCO opened at $107.26 on Thursday. The company has a 50 day moving average of $110.45 and a 200 day moving average of $109.70. The company has a market cap of $422.88 billion, a PE ratio of 32.11, a price-to-earnings-growth ratio of 2.22 and a beta of 0.99. Cisco Systems, Inc. has a 12 month low of $69.85 and a 12 month high of $130.37. 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 (NASDAQ:CSCO) last released its quarterly earnings data on Wednesday, August 12th. The network equipment provider reported $1.22 earnings per share 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 period in the previous year, the business earned $0.99 EPS. Cisco Systems’s revenue was up 17.6% compared to the same quarter last year. 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, sell-side analysts expect that Cisco Systems, Inc. will post 4.42 EPS for the current year.

Cisco Systems Dividend Announcement

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

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.