Cisco Systems (NASDAQ:CSCO) Trading Down 1.4% – Time to Sell?
by Kim Johansen · The Markets DailyCisco Systems, Inc. (NASDAQ:CSCO – Get Free Report) shares were down 1.4% during mid-day trading on Wednesday . The company traded as low as $73.82 and last traded at $74.41. Approximately 17,767,023 shares were traded during trading, an increase of 2% from the average daily volume of 17,366,840 shares. The stock had previously closed at $75.47.
Analysts Set New Price Targets
A number of research analysts have weighed in on CSCO shares. Morgan Stanley lifted their price target on shares of Cisco Systems from $82.00 to $91.00 and gave the company an “overweight” rating in a research note on Wednesday, December 17th. Melius Research raised their target price on shares of Cisco Systems from $84.00 to $100.00 and gave the company a “buy” rating in a research note on Thursday, November 13th. Bank of America lifted their price target on Cisco Systems from $85.00 to $95.00 and gave the stock a “buy” rating in a report on Thursday, November 13th. CICC Research upped their price objective on Cisco Systems from $78.00 to $84.00 and gave the company an “outperform” rating in a research note on Friday, November 14th. Finally, Erste Group Bank raised Cisco Systems from a “hold” rating to a “buy” rating in a research report on Monday, November 10th. Sixteen investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat, Cisco Systems has an average rating of “Moderate Buy” and a consensus target price of $85.23.
View Our Latest Analysis on Cisco Systems
Cisco Systems Stock Down 1.4%
The firm has a market cap of $294.00 billion, a price-to-earnings ratio of 27.97, a P/E/G ratio of 2.80 and a beta of 0.87. The stock has a 50-day moving average of $76.45 and a 200-day moving average of $71.48. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.93 and a quick ratio of 0.83.
Cisco Systems (NASDAQ:CSCO – Get Free Report) last announced its quarterly earnings data 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. The firm had revenue of $14.88 billion for the quarter, compared to the consensus estimate of $14.77 billion. Cisco Systems had a net margin of 18.38% and a return on equity of 27.29%. The business’s revenue for the quarter was up 7.5% on a year-over-year basis. During the same period in the prior year, the company posted $0.91 earnings per share. Cisco Systems has set its FY 2026 guidance at 4.080-4.140 EPS and its Q2 2026 guidance at 1.010-1.030 EPS. Sell-side analysts predict that Cisco Systems, Inc. will post 3.04 EPS for the current fiscal year.
Cisco Systems Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 21st. Investors of record on Friday, January 2nd will be issued a $0.41 dividend. The ex-dividend date is Friday, January 2nd. This represents a $1.64 annualized dividend and a yield of 2.2%. Cisco Systems’s dividend payout ratio is presently 61.65%.
Insider Activity at Cisco Systems
In other Cisco Systems news, Director Kristina M. Johnson sold 13,481 shares of Cisco Systems stock in a transaction on Thursday, December 18th. The shares were sold at an average price of $77.13, for a total value of $1,039,789.53. Following the completion of the sale, the director directly owned 61,630 shares of the company’s stock, valued at approximately $4,753,521.90. The trade was a 17.95% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Michael D. Capellas sold 10,850 shares of the company’s stock in a transaction that occurred on Friday, December 19th. The stock was sold at an average price of $77.13, for a total value of $836,860.50. Following the transaction, the director directly owned 146,368 shares in the company, valued at approximately $11,289,363.84. This trade represents a 6.90% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 1,044,865 shares of company stock valued at $81,397,635 over the last 90 days. 0.01% of the stock is owned by company insiders.
Institutional Trading of Cisco Systems
Hedge funds have recently bought and sold shares of the business. Avantax Advisory Services Inc. grew its position in Cisco Systems by 1.1% during the 2nd quarter. Avantax Advisory Services Inc. now owns 420,336 shares of the network equipment provider’s stock worth $29,163,000 after purchasing an additional 4,525 shares during the last quarter. Greystone Financial Group LLC acquired a new stake in shares of Cisco Systems during the 3rd quarter valued at approximately $8,563,000. Drive Wealth Management LLC increased its position in shares of Cisco Systems by 2.7% in the second quarter. Drive Wealth Management LLC now owns 16,605 shares of the network equipment provider’s stock valued at $1,152,000 after buying an additional 436 shares in the last quarter. CX Institutional lifted its holdings in shares of Cisco Systems by 11.0% in the third quarter. CX Institutional now owns 144,336 shares of the network equipment provider’s stock valued at $9,875,000 after purchasing an additional 14,334 shares in the last quarter. Finally, Shell Asset Management Co. increased its position in Cisco Systems by 53.3% during the second quarter. Shell Asset Management Co. now owns 77,234 shares of the network equipment provider’s stock worth $5,358,000 after buying an additional 26,840 shares in the last quarter. 73.33% of the stock is currently owned by institutional investors.
About Cisco Systems
Cisco Systems, Inc is a global technology company that designs, manufactures and sells networking hardware, software and telecommunications equipment. Its core business focuses on enabling enterprise and service-provider networks through products such as routers, switches, network security appliances and wireless systems. Over time Cisco has broadened its portfolio to emphasize software-defined networking, cybersecurity, cloud infrastructure and edge computing solutions that help organizations build and manage modern IT environments.
In addition to hardware, Cisco offers a growing range of software platforms and subscription services for network management, security, analytics and collaboration.