Wrapmanager Inc. Has $1.16 Million Stock Position in Cisco Systems, Inc. $CSCO

Wrapmanager Inc. reduced its stake in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 3.7% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 16,680 shares of the network equipment provider’s stock after selling 649 shares during the quarter. Wrapmanager Inc.’s holdings in Cisco Systems were worth $1,157,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Brighton Jones LLC raised its holdings in Cisco Systems by 49.5% in the 4th quarter. Brighton Jones LLC now owns 74,187 shares of the network equipment provider’s stock valued at $4,392,000 after acquiring an additional 24,562 shares in the last quarter. Revolve Wealth Partners LLC increased its position in shares of Cisco Systems by 37.0% during the fourth quarter. Revolve Wealth Partners LLC now owns 9,156 shares of the network equipment provider’s stock valued at $542,000 after purchasing an additional 2,474 shares during the period. Massachusetts Financial Services Co. MA increased its position in shares of Cisco Systems by 13.9% during the first quarter. Massachusetts Financial Services Co. MA now owns 501,153 shares of the network equipment provider’s stock valued at $30,926,000 after purchasing an additional 60,984 shares during the period. Parcion Private Wealth LLC acquired a new position in shares of Cisco Systems in the first quarter valued at $259,000. Finally, Summit X LLC lifted its position in Cisco Systems by 16.1% in the first quarter. Summit X LLC now owns 4,762 shares of the network equipment provider’s stock worth $294,000 after purchasing an additional 662 shares during the period. 73.33% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, EVP Oliver Tuszik sold 17,526 shares of Cisco Systems stock in a transaction dated Friday, September 19th. The stock was sold at an average price of $67.95, for a total value of $1,190,891.70. Following the completion of the transaction, the executive vice president directly owned 198,855 shares of the company’s stock, valued at $13,512,197.25. The trade was a 8.10% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Thimaya K. Subaiya sold 1,744 shares of the company’s stock in a transaction dated Friday, September 12th. The stock was sold at an average price of $66.78, for a total transaction of $116,464.32. Following the transaction, the executive vice president owned 158,009 shares in the company, valued at approximately $10,551,841.02. This trade represents a 1.09% 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 valued at $2,236,383. 0.01% of the stock is owned by corporate insiders.

Cisco Systems Price Performance

Shares of Cisco Systems stock opened at $77.38 on Friday. The stock has a market capitalization of $304.93 billion, a price-to-earnings ratio of 29.53, a P/E/G ratio of 3.00 and a beta of 0.95. The firm’s 50-day moving average price is $69.64 and its two-hundred day moving average price is $67.27. 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, Inc. has a 1-year low of $52.11 and a 1-year high of $79.50.

Cisco Systems (NASDAQ:CSCO) last announced its earnings results on Wednesday, November 12th. The network equipment provider reported $1.00 EPS for the quarter, topping the consensus estimate of $0.98 by $0.02. The business had revenue of $14.88 billion for the quarter, compared to the consensus estimate of $14.77 billion. Cisco Systems had a return on equity of 27.06% and a net margin of 18.45%.Cisco Systems’s revenue was up 7.5% compared to the same quarter last year. During the same period in the previous year, the business earned $0.91 EPS. Cisco Systems has set its FY 2026 guidance at 4.080-4.140 EPS. Q2 2026 guidance at 1.010-1.030 EPS. On average, equities analysts predict that Cisco Systems, Inc. will post 3.04 earnings per share for the current fiscal year.

Cisco Systems Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 21st. Shareholders of record on Friday, January 2nd will be paid a $0.41 dividend. 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 payout ratio is currently 62.60%.

Analyst Upgrades and Downgrades

CSCO has been the subject of a number of recent research reports. Morgan Stanley increased their price objective on shares of Cisco Systems from $77.00 to $82.00 and gave the company an “overweight” rating in a research note on Thursday. Hsbc Global Res cut shares of Cisco Systems from a “strong-buy” rating to a “hold” rating in a research note on Friday, August 15th. Citigroup raised their price target on shares of Cisco Systems from $80.00 to $85.00 and gave the stock a “buy” rating in a research note on Thursday. JPMorgan Chase & Co. lifted their price objective on Cisco Systems from $80.00 to $90.00 and gave the company an “overweight” rating in a report on Thursday. Finally, Evercore ISI increased their target price on Cisco Systems from $74.00 to $80.00 and gave the stock an “in-line” rating in a report on Thursday. Sixteen analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. According to data from MarketBeat, Cisco Systems has an average rating of “Moderate Buy” and an average target price of $82.32.

Cisco Systems 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.