Catalina Capital Group LLC Has $303,000 Position in Cisco Systems, Inc. $CSCO

Catalina Capital Group LLC lowered its position in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 27.1% in the second quarter, Holdings Channel reports. The firm owned 4,366 shares of the network equipment provider’s stock after selling 1,623 shares during the period. Catalina Capital Group LLC’s holdings in Cisco Systems were worth $303,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of CSCO. Pandora Wealth Inc. acquired a new position in Cisco Systems during the first quarter valued at approximately $31,000. Nova Wealth Management Inc. acquired a new position in Cisco Systems during the first quarter valued at approximately $31,000. Brown Shipley& Co Ltd acquired a new position in Cisco Systems during the second quarter valued at approximately $32,000. Fairway Wealth LLC boosted its holdings in shares of Cisco Systems by 224.7% in the first quarter. Fairway Wealth LLC now owns 578 shares of the network equipment provider’s stock valued at $36,000 after buying an additional 400 shares during the period. Finally, Accent Capital Management LLC acquired a new position in shares of Cisco Systems in the first quarter valued at approximately $36,000. Institutional investors and hedge funds own 73.33% of the company’s stock.

Insider Buying and Selling

In other news, EVP Deborah L. Stahlkopf sold 9,783 shares of the stock in a transaction dated Friday, August 15th. The shares were sold at an average price of $66.60, for a total value of $651,547.80. Following the transaction, the executive vice president directly owned 161,662 shares of the company’s stock, valued at $10,766,689.20. This represents a 5.71% 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 this link. Also, CEO Charles Robbins sold 30,557 shares of the stock in a transaction dated Friday, August 15th. The shares were sold at an average price of $66.63, for a total transaction of $2,036,012.91. Following the completion of the transaction, the chief executive officer directly owned 639,000 shares in the company, valued at $42,576,570. The trade was a 4.56% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 82,965 shares of company stock valued at $5,559,996. 0.01% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on CSCO shares. Bank of America upped their price target on shares of Cisco Systems from $76.00 to $85.00 and gave the company a “buy” rating in a report on Thursday, August 14th. KeyCorp assumed coverage on shares of Cisco Systems in a report on Thursday, June 26th. They set an “overweight” rating and a $77.00 target price for the company. Wells Fargo & Company increased their target price on shares of Cisco Systems from $75.00 to $83.00 and gave the stock an “overweight” rating in a report on Thursday, August 14th. CICC Research assumed coverage on shares of Cisco Systems in a report on Monday, July 14th. They set an “outperform” rating and a $78.00 target price for the company. Finally, Piper Sandler increased their target price on shares of Cisco Systems from $64.00 to $70.00 and gave the stock a “neutral” rating in a report on Thursday, August 14th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and ten have assigned a Hold rating to the stock. According to data from MarketBeat, Cisco Systems has an average rating of “Moderate Buy” and an average target price of $74.53.

Cisco Systems Stock Performance

NASDAQ CSCO opened at $68.31 on Friday. The firm has a market capitalization of $270.04 billion, a P/E ratio of 26.07, a price-to-earnings-growth ratio of 2.89 and a beta of 0.97. The firm’s fifty day moving average price is $68.12 and its two-hundred day moving average price is $64.51. Cisco Systems, Inc. has a 1 year low of $52.11 and a 1 year high of $72.55. The company has a current ratio of 1.00, a quick ratio of 0.91 and a debt-to-equity ratio of 0.49.

Cisco Systems (NASDAQ:CSCO) last issued its quarterly earnings data on Wednesday, August 13th. The network equipment provider reported $0.99 earnings per share for the quarter, beating the consensus estimate of $0.98 by $0.01. The company had revenue of $14.67 billion for the quarter, compared to analyst estimates of $14.63 billion. Cisco Systems had a net margin of 18.45% and a return on equity of 27.06%. The company’s revenue was up 7.6% on a year-over-year basis. During the same period in the prior year, the firm earned $0.87 earnings per share. Cisco Systems has set its Q1 2026 guidance at 0.970-0.990 EPS. FY 2026 guidance at 4.000-4.060 EPS. As a group, research analysts anticipate that Cisco Systems, Inc. will post 3.04 EPS for the current year.

Cisco Systems Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 22nd. Stockholders of record on Friday, October 3rd will be given a $0.41 dividend. The ex-dividend date of this dividend is Friday, October 3rd. This represents a $1.64 annualized dividend and a dividend yield of 2.4%. Cisco Systems’s dividend payout ratio is presently 62.60%.

Cisco Systems Company Profile

Cisco Systems, Inc designs, manufactures, and sells Internet Protocol based networking and other products related to the communications and information technology industry in the Americas, Europe, the Middle East, Africa, the Asia Pacific, Japan, and China. The company also offers switching portfolio encompasses campus switching as well as data center switching; enterprise routing portfolio interconnects public and private wireline and mobile networks, delivering highly secure, and reliable connectivity to campus, data center and branch networks; wireless products include wireless access points and controllers; and compute portfolio including the cisco unified computing system, hyperflex, and software management capabilities, which combine computing, networking, and storage infrastructure management and virtualization.