Cisco Systems, Inc. $CSCO Shares Sold by Western Wealth Management LLC

Western Wealth Management LLC lessened its position in Cisco Systems, Inc. (NASDAQ:CSCO) by 6.1% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 35,852 shares of the network equipment provider’s stock after selling 2,319 shares during the period. Western Wealth Management LLC’s holdings in Cisco Systems were worth $2,487,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of CSCO. Financial Connections Group Inc. grew its position in shares of Cisco Systems by 89.4% in the second quarter. Financial Connections Group Inc. now owns 409 shares of the network equipment provider’s stock valued at $28,000 after purchasing an additional 193 shares during the period. Legacy Investment Solutions LLC acquired a new stake in Cisco Systems in the 2nd quarter worth about $28,000. Pandora Wealth Inc. purchased a new stake in Cisco Systems in the 1st quarter valued at about $31,000. Nova Wealth Management Inc. acquired a new position in shares of Cisco Systems in the 1st quarter valued at about $31,000. Finally, Brown Shipley& Co Ltd acquired a new position in Cisco Systems during the second quarter valued at approximately $32,000. 73.33% of the stock is owned by hedge funds and other institutional investors.

Cisco Systems Trading Up 0.8%

Shares of CSCO stock opened at $78.64 on Monday. Cisco Systems, Inc. has a 1 year low of $52.11 and a 1 year high of $79.50. The firm has a market capitalization of $309.88 billion, a PE ratio of 29.95, a price-to-earnings-growth ratio of 3.00 and a beta of 0.95. The stock has a fifty day moving average of $69.87 and a two-hundred day moving average of $67.56. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.91 and a current ratio of 1.00.

Cisco Systems (NASDAQ:CSCO) last issued its quarterly earnings data on Wednesday, November 12th. The network equipment provider reported $1.00 earnings per share for the quarter, beating analysts’ consensus estimates of $0.98 by $0.02. The business had revenue of $14.88 billion for the quarter, compared to analysts’ expectations of $14.77 billion. Cisco Systems had a net margin of 18.45% and a return on equity of 27.06%. The company’s revenue was up 7.5% on a year-over-year basis. During the same period in the previous year, the business earned $0.91 earnings per share. Cisco Systems has set its FY 2026 guidance at 4.080-4.140 EPS. Q2 2026 guidance at 1.010-1.030 EPS. As a group, research analysts expect that Cisco Systems, Inc. will post 3.04 EPS for the current year.

Cisco Systems Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 21st. Shareholders of record on Friday, January 2nd will be given a dividend of $0.41 per share. The ex-dividend date of this dividend is Friday, January 2nd. This represents a $1.64 dividend on an annualized basis and a yield of 2.1%. Cisco Systems’s dividend payout ratio is presently 61.65%.

Insider Buying and Selling

In related news, EVP Thimaya K. Subaiya sold 7,511 shares of Cisco Systems stock in a transaction on Wednesday, August 20th. The shares were sold at an average price of $66.84, for a total value of $502,035.24. Following the transaction, the executive vice president owned 161,467 shares in the company, valued at $10,792,454.28. This trade represents a 4.44% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, EVP Oliver Tuszik sold 17,526 shares of the business’s stock in a transaction on Friday, September 19th. The stock was sold at an average price of $67.95, for a total transaction of $1,190,891.70. Following the transaction, the executive vice president directly owned 198,855 shares of the company’s stock, valued at approximately $13,512,197.25. This represents a 8.10% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 33,089 shares of company stock worth $2,236,383. 0.01% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the company. KeyCorp upped their target price on Cisco Systems from $77.00 to $87.00 and gave the stock an “overweight” rating in a research report on Thursday. Morgan Stanley raised their price objective on shares of Cisco Systems from $77.00 to $82.00 and gave the stock an “overweight” rating in a report on Thursday. Citigroup upped their target price on shares of Cisco Systems from $80.00 to $85.00 and gave the company a “buy” rating in a research note on Thursday. CICC Research lifted their price target on Cisco Systems from $78.00 to $84.00 and gave the stock an “outperform” rating in a research note on Friday. Finally, Rosenblatt Securities upped their price objective on Cisco Systems from $87.00 to $100.00 and gave the company a “buy” rating in a research note on Thursday. Sixteen analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $84.05.

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.