Elevated Capital Advisors LLC Sells 5,546 Shares of Cisco Systems, Inc. $CSCO

Elevated Capital Advisors LLC cut its position in Cisco Systems, Inc. (NASDAQ:CSCO) by 72.0% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 2,158 shares of the network equipment provider’s stock after selling 5,546 shares during the quarter. Elevated Capital Advisors LLC’s holdings in Cisco Systems were worth $232,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. Cozad Asset Management Inc. increased its position in shares of Cisco Systems by 0.3% during the first quarter. Cozad Asset Management Inc. now owns 26,203 shares of the network equipment provider’s stock valued at $2,033,000 after acquiring an additional 87 shares in the last quarter. Dogwood Wealth Management LLC raised its holdings in Cisco Systems by 3.9% in the 2nd quarter. Dogwood Wealth Management LLC now owns 2,413 shares of the network equipment provider’s stock worth $283,000 after acquiring an additional 90 shares during the last quarter. Green Ridge Wealth Planning LLC raised its holdings in Cisco Systems by 1.5% in the 3rd quarter. Green Ridge Wealth Planning LLC now owns 6,017 shares of the network equipment provider’s stock worth $648,000 after acquiring an additional 90 shares during the last quarter. August Group Capital Ltd lifted its position in Cisco Systems by 2.0% in the 2nd quarter. August Group Capital Ltd now owns 4,723 shares of the network equipment provider’s stock valued at $555,000 after acquiring an additional 91 shares in the last quarter. Finally, Financial Insights Inc. lifted its position in Cisco Systems by 1.5% in the 1st quarter. Financial Insights Inc. now owns 6,220 shares of the network equipment provider’s stock valued at $483,000 after acquiring an additional 92 shares in the last quarter. Institutional investors own 73.33% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have commented on CSCO shares. HSBC downgraded Cisco Systems from a “buy” rating to a “hold” rating and cut their target price for the company from $137.00 to $120.00 in a research note on Friday, August 14th. Barclays boosted their price target on Cisco Systems from $121.00 to $123.00 and gave the stock an “equal weight” rating in a research note on Thursday, August 13th. Truist Financial upped their price target on Cisco Systems from $125.00 to $140.00 and gave the company a “buy” rating in a report on Thursday, August 13th. KeyCorp upped their price target on Cisco Systems from $130.00 to $135.00 and gave the company an “overweight” rating in a report on Thursday, August 13th. Finally, Sanford C. Bernstein initiated coverage on Cisco Systems in a research report on Wednesday, September 30th. They set a “market perform” rating and a $110.00 price objective on the stock. Three investment analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and eight have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $127.87.

Cisco Systems Stock Performance

Shares of CSCO stock opened at $98.15 on Wednesday. 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 company has a 50 day moving average price of $108.34 and a 200-day moving average price of $101.87. Cisco Systems, Inc. has a 52 week low of $71.10 and a 52 week high of $130.37. The firm has a market capitalization of $386.97 billion, a PE ratio of 29.39, a P/E/G ratio of 2.05 and a beta of 1.01.

Cisco Systems (NASDAQ:CSCO) last issued 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. The company had revenue of $17.25 billion for the quarter, compared to the consensus estimate of $16.84 billion. Cisco Systems had a net margin of 20.95% and a return on equity of 30.16%. The firm’s revenue for the quarter was up 17.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.99 earnings per share. As a group, equities research analysts expect that Cisco Systems, Inc. will post 4.42 earnings per share for the current year.

Insider Buying and Selling

In other Cisco Systems news, 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 value of $74,922.40. Following the completion of the sale, the executive vice president owned 163,337 shares of the company’s stock, valued at approximately $17,996,470.66. The trade was a 0.41% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. 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 transaction of $799,956.90. Following the sale, the insider owned 230,593 shares of the company’s stock, valued at approximately $25,727,261.01. This represents a 3.02% 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. Corporate insiders own 0.01% of the company’s stock.

More Cisco Systems News

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

• Positive Sentiment: Investors are looking for Cisco’s results to benefit from AI infrastructure demand, hyperscaler investment and networking growth. The report will test whether those trends are translating into orders and revenue. Article: Should You Buy, Sell, or Hold Cisco Systems Stock Before Q1 Earnings?
• Positive Sentiment: Cisco introduced AI security and observability updates, including adding Anthropic’s Claude Mythos to AI Defense for red-teaming AI applications and agents. The products could strengthen its position as companies seek to secure and monitor AI deployments. Article: Cisco Unveils Frontier AI Red Teaming and Agent Observability
• Positive Sentiment: Schurz Broadband Group is deploying Cisco’s 8000 Series routing platform across four operating companies, providing a customer win for its next-generation networking equipment. Article: Schurz Broadband Group Advances its Enterprise Fiber Network with Cisco 8000 Series Routing
• Positive Sentiment: ETFs were net buyers of about $85 million of Cisco shares on November 6, indicating institutional fund demand that may provide some support. Article: 60 ETFs Add to Cisco Holdings
• Neutral Sentiment: The earnings announcement is a near-term catalyst, with options markets implying a potentially large move. Investors will focus on AI-related orders and margins; the outcome could amplify volatility. Article: Cisco Stock Faces a Massive Earnings Test
• Negative Sentiment: Valuation is a concern after a substantial multi-year share-price run: investors are questioning whether Cisco’s current price is justified by its cash-generation outlook. ETF flows were also mixed, with net sales reported on November 5. Article: Is Cisco Systems Fully Priced After Its 104% Run?

Cisco Systems 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.