Oliver Tuszik Sells 5,425 Shares of Cisco Systems (NASDAQ:CSCO) Stock

Cisco Systems, Inc. (NASDAQ:CSCO) EVP Oliver Tuszik sold 5,425 shares of Cisco Systems stock in a transaction that occurred on Friday, November 14th. The stock was sold at an average price of $76.56, for a total value of $415,338.00. Following the completion of the sale, the executive vice president owned 210,408 shares in the company, valued at approximately $16,108,836.48. This represents a 2.51% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link.

Oliver Tuszik also recently made the following trade(s):

• On Monday, November 17th, Oliver Tuszik sold 15 shares of Cisco Systems stock. The stock was sold at an average price of $77.98, for a total transaction of $1,169.70.
• On Friday, September 19th, Oliver Tuszik sold 17,526 shares of Cisco Systems stock. The shares were sold at an average price of $67.95, for a total value of $1,190,891.70.

Cisco Systems Stock Down 0.5%

CSCO stock traded down $0.41 during midday trading on Tuesday, hitting $77.37. The stock had a trading volume of 26,018,839 shares, compared to its average volume of 21,124,307. The business has a 50-day moving average of $70.08 and a two-hundred day moving average of $67.70. 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 firm has a market cap of $304.89 billion, a price-to-earnings ratio of 29.53, a price-to-earnings-growth ratio of 3.00 and a beta of 0.95. Cisco Systems, Inc. has a 52-week low of $52.11 and a 52-week high of $79.50.

Cisco Systems (NASDAQ:CSCO) last issued its quarterly earnings results on Wednesday, November 12th. The network equipment provider reported $1.00 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.98 by $0.02. Cisco Systems had a net margin of 18.45% and a return on equity of 27.06%. The company had revenue of $14.88 billion during the quarter, compared to analysts’ expectations of $14.77 billion. During the same period last year, the company posted $0.91 EPS. Cisco Systems’s 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, equities research analysts forecast that Cisco Systems, Inc. will post 3.04 earnings per share for the current fiscal year.

Cisco Systems Dividend Announcement

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

Wall Street Analyst Weigh In

A number of research firms have commented on CSCO. Citigroup lifted their target price on Cisco Systems from $80.00 to $85.00 and gave the stock a “buy” rating in a report on Thursday, November 13th. JPMorgan Chase & Co. boosted 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. Bank of America upped their target price on shares of Cisco Systems from $85.00 to $95.00 and gave the company a “buy” rating in a research note on Thursday, November 13th. Evercore ISI lifted their price target on shares of Cisco Systems from $74.00 to $80.00 and gave the stock an “in-line” rating in a research note on Thursday, November 13th. Finally, BNP Paribas Exane increased their price objective on shares of Cisco Systems from $76.00 to $86.00 and gave the company an “outperform” rating in a research report on Thursday, November 13th. Seventeen equities research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company’s stock. According to MarketBeat, Cisco Systems currently has an average rating of “Moderate Buy” and an average target price of $84.14.

Institutional Trading of Cisco Systems

Institutional investors and hedge funds have recently modified their holdings of the company. Benchmark Financial Wealth Advisors LLC raised its holdings in Cisco Systems by 1.4% during the third quarter. Benchmark Financial Wealth Advisors LLC now owns 10,449 shares of the network equipment provider’s stock valued at $715,000 after acquiring an additional 142 shares during the period. Cobblestone Capital Advisors LLC NY grew its holdings in Cisco Systems by 0.6% during the 3rd quarter. Cobblestone Capital Advisors LLC NY now owns 24,622 shares of the network equipment provider’s stock valued at $1,685,000 after buying an additional 142 shares in the last quarter. Yoder Wealth Management Inc. grew its stake in Cisco Systems by 3.8% during the third quarter. Yoder Wealth Management Inc. now owns 3,945 shares of the network equipment provider’s stock valued at $270,000 after acquiring an additional 143 shares in the last quarter. Weaver Consulting Group boosted its holdings in shares of Cisco Systems by 1.5% during the 3rd quarter. Weaver Consulting Group now owns 9,940 shares of the network equipment provider’s stock valued at $680,000 after purchasing an additional 145 shares during the last quarter. Finally, KKM Financial LLC grew its position in shares of Cisco Systems by 1.9% during the third quarter. KKM Financial LLC now owns 7,971 shares of the network equipment provider’s stock valued at $545,000 after purchasing an additional 145 shares in the last quarter. 73.33% of the stock is currently 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.