Insider Selling: Cisco Systems (NASDAQ:CSCO) CEO Sells 116,734 Shares of Stock

Cisco Systems, Inc. (NASDAQ:CSCO) CEO Charles Robbins sold 116,734 shares of Cisco Systems stock in a transaction dated Tuesday, November 18th. The shares were sold at an average price of $77.30, for a total transaction of $9,023,538.20. Following the completion of the sale, the chief executive officer owned 704,153 shares in the company, valued at approximately $54,431,026.90. This represents a 14.22% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Charles Robbins also recently made the following trade(s):

• On Monday, November 17th, Charles Robbins sold 281,860 shares of Cisco Systems stock. The shares were sold at an average price of $78.35, for a total transaction of $22,083,731.00.
• On Friday, November 14th, Charles Robbins sold 203,838 shares of Cisco Systems stock. The shares were sold at an average price of $77.82, for a total value of $15,862,673.16.

Cisco Systems Stock Performance

CSCO stock traded down $0.41 on Tuesday, reaching $77.37. The company’s stock had a trading volume of 26,018,839 shares, compared to its average volume of 21,124,307. Cisco Systems, Inc. has a 52 week low of $52.11 and a 52 week high of $79.50. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.00 and a quick ratio of 0.91. The company has a market capitalization of $304.89 billion, a P/E ratio of 29.53, a price-to-earnings-growth ratio of 3.00 and a beta of 0.95. The firm has a fifty day moving average of $70.08 and a two-hundred day moving average of $67.70.

Cisco Systems (NASDAQ:CSCO) last announced its quarterly earnings results on Wednesday, November 12th. The network equipment provider reported $1.00 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.98 by $0.02. Cisco Systems had a return on equity of 27.06% and a net margin of 18.45%.The company had revenue of $14.88 billion during the quarter, compared to analyst estimates of $14.77 billion. During the same quarter in the previous year, the firm posted $0.91 EPS. The firm’s quarterly revenue was up 7.5% on a year-over-year basis. 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, analysts predict that Cisco Systems, Inc. will post 3.04 EPS for the current fiscal year.

Cisco Systems Announces Dividend

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 paid a dividend of $0.41 per share. The ex-dividend date of this dividend is Friday, January 2nd. This represents a $1.64 annualized dividend and a yield of 2.1%. Cisco Systems’s dividend payout ratio (DPR) is presently 61.65%.

Wall Street Analyst Weigh In

CSCO has been the topic of a number of recent analyst reports. CICC Research boosted their price target on shares of Cisco Systems from $78.00 to $84.00 and gave the stock an “outperform” rating in a research report on Friday. BNP Paribas Exane raised their price objective on shares of Cisco Systems from $76.00 to $86.00 and gave the company an “outperform” rating in a research note on Thursday, November 13th. JPMorgan Chase & Co. upped their target price on Cisco Systems from $80.00 to $90.00 and gave the stock an “overweight” rating in a research report on Thursday, November 13th. Morgan Stanley increased their price target on Cisco Systems from $77.00 to $82.00 and gave the company an “overweight” rating in a research note on Thursday, November 13th. Finally, KeyCorp lifted their price target on Cisco Systems from $77.00 to $87.00 and gave the company an “overweight” rating in a research report on Thursday, November 13th. Seventeen investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $84.14.

Institutional Investors Weigh In On Cisco Systems

Several large investors have recently modified their holdings of the stock. Bare Financial Services Inc lifted its holdings in shares of Cisco Systems by 531.0% during the second quarter. Bare Financial Services Inc now owns 366 shares of the network equipment provider’s stock valued at $25,000 after purchasing an additional 308 shares during the last quarter. Marquette Asset Management LLC purchased a new position in Cisco Systems in the 3rd quarter worth about $25,000. Financial Connections Group Inc. raised its holdings in Cisco Systems by 89.4% during the 2nd quarter. Financial Connections Group Inc. now owns 409 shares of the network equipment provider’s stock worth $28,000 after buying an additional 193 shares during the period. Legacy Investment Solutions LLC purchased a new stake in Cisco Systems during the second quarter valued at about $28,000. Finally, Lowe Wealth Advisors LLC boosted its holdings in shares of Cisco Systems by 96.2% in the third quarter. Lowe Wealth Advisors LLC now owns 408 shares of the network equipment provider’s stock worth $28,000 after buying an additional 200 shares during the period. 73.33% of the stock is owned by institutional investors.

About Cisco Systems

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.