Cisco Systems, Inc. $CSCO Shares Sold by Douglas Lane & Associates LLC

Douglas Lane & Associates LLC reduced its position in Cisco Systems, Inc. (NASDAQ:CSCO) by 5.9% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 119,831 shares of the network equipment provider’s stock after selling 7,473 shares during the period. Douglas Lane & Associates LLC’s holdings in Cisco Systems were worth $12,897,000 as of its most recent SEC filing.

Other large investors also recently bought and sold shares of the company. Networth Advisors LLC increased its stake in Cisco Systems by 276.4% during the first quarter. Networth Advisors LLC now owns 335 shares of the network equipment provider’s stock valued at $26,000 after purchasing an additional 246 shares during the last quarter. Financial Life Planners acquired a new stake in Cisco Systems during the first quarter worth about $27,000. Manning & Napier Advisors LLC boosted its stake in Cisco Systems by 137.0% in the first quarter. Manning & Napier Advisors LLC now owns 346 shares of the network equipment provider’s stock valued at $27,000 after acquiring an additional 200 shares during the period. Osbon Capital Management LLC acquired a new stake in shares of Cisco Systems during the 4th quarter worth approximately $32,000. Finally, RMG Wealth Management LLC lifted its holdings in shares of Cisco Systems by 308.7% in the 1st quarter. RMG Wealth Management LLC now owns 425 shares of the network equipment provider’s stock worth $33,000 after purchasing an additional 321 shares during the last quarter. Institutional investors own 73.33% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on CSCO shares. Zacks Research raised shares of Cisco Systems from a “hold” rating to a “strong-buy” rating in a report on Wednesday, September 30th. Freedom Capital upgraded shares of Cisco Systems from a “hold” rating to a “strong-buy” rating in a research note on Sunday, August 16th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Cisco Systems in a report on Wednesday, August 26th. Wells Fargo & Company increased 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. Finally, KeyCorp boosted their price target on Cisco Systems from $130.00 to $135.00 and gave the stock an “overweight” rating in a research report on Thursday, August 13th. Three research analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $128.52.

Cisco Systems News Summary

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

• Positive Sentiment: Cisco’s AI networking business is benefiting from rising orders from hyperscale cloud providers, supporting the view that the company could be a leading supplier of AI cloud infrastructure in fiscal 2027. Its solid earnings outlook and recent streak of earnings beats reinforce the growth thesis. Buy Cisco Systems as Leader of the AI Cloud Networking Space for 2027
• Positive Sentiment: New agentic AI offerings across Webex, workplace automation and customer experience are expanding Cisco’s software opportunity. The announcements include AI agents, a Google Meet partnership for Cisco devices, the Dialog customer-experience platform and upcoming RoomOS 27 features. Cisco unveils agentic AI tools across Webex, workplace and CX
• Positive Sentiment: Wall Street’s average brokerage recommendation remains favorable, potentially supporting investor confidence and contributing to buying interest. However, analyst ratings can be overly optimistic and should be weighed against valuation and execution risks. Is Cisco CSCO a Buy as Wall Street Analysts Look Optimistic?
• Neutral Sentiment: Cisco’s latest product announcements, including collaboration technologies and a post-quantum security application, broaden its technology portfolio but have yet to demonstrate a material financial contribution. Cisco Added a FIPS Validated Post Quantum Security App
• Negative Sentiment: Recent coverage notes that Cisco’s 90-day share-price performance has weakened after a strong year-to-date rally, suggesting momentum may be cooling. The stock’s valuation also raises concerns about how much AI-related upside is already priced in. Cisco Systems Dropped, So What Is Behind the Latest Attention?

Insider Transactions at Cisco Systems

In related news, CEO Charles Robbins sold 21,628 shares of the stock in a transaction dated 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 sale, the chief executive officer owned 602,710 shares in the company, valued at approximately $67,226,273.40. This trade represents a 3.46% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Oliver Tuszik sold 2,760 shares of Cisco Systems stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $112.46, for a total value of $310,389.60. Following the sale, the executive vice president directly owned 165,276 shares in the company, valued at $18,586,938.96. The trade was a 1.64% decrease in their position. 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. Over the last ninety days, insiders have sold 44,869 shares of company stock worth $5,005,620. Corporate insiders own 0.01% of the company’s stock.

Cisco Systems Stock Up 2.4%

Shares of Cisco Systems stock traded up $2.79 during midday trading on Friday, hitting $117.68. The company’s stock had a trading volume of 3,759,735 shares, compared to its average volume of 22,401,084. Cisco Systems, Inc. has a 1-year low of $66.81 and a 1-year high of $130.37. The company has a quick ratio of 0.79, a current ratio of 0.93 and a debt-to-equity ratio of 0.39. The firm has a market capitalization of $463.98 billion, a P/E ratio of 35.24, a PEG ratio of 2.46 and a beta of 0.99. The stock has a 50-day simple moving average of $112.13 and a 200-day simple moving average of $107.70.

Cisco Systems (NASDAQ:CSCO) last announced its quarterly earnings data on Wednesday, August 12th. The network equipment provider reported $1.22 EPS for the quarter, topping analysts’ consensus estimates of $1.17 by $0.05. Cisco Systems had a return on equity of 30.16% and a net margin of 20.95%.The firm had revenue of $17.25 billion during the quarter, compared to analyst estimates of $16.84 billion. During the same period last year, the company posted $0.99 EPS. The business’s quarterly 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. As a group, sell-side analysts expect that Cisco Systems, Inc. will post 4.41 earnings per share for the current year.

Cisco Systems Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 21st. Stockholders of record on Friday, October 2nd will be given a $0.42 dividend. The ex-dividend date of this dividend is Friday, October 2nd. This represents a $1.68 dividend on an annualized basis and a dividend yield of 1.4%. Cisco Systems’s dividend payout ratio (DPR) is currently 50.30%.

Cisco Systems Profile

Cisco Systems, Inc is a global technology company that develops networking, cybersecurity, collaboration, observability and data center solutions. Its products and services help businesses, governments, educational institutions and other organizations connect users and devices, manage infrastructure, protect digital environments and support cloud-based operations.

Cisco’s portfolio includes routers and switches, wireless networking equipment, network management software, firewalls, identity and access tools, endpoint security products, collaboration applications and observability platforms.