Insider Selling: Cisco Systems (NASDAQ:CSCO) EVP Sells $138,657.70 in Stock

by · The Markets Daily

Cisco Systems, Inc. (NASDAQ:CSCO – Get Free Report) EVP Thimaya Subaiya sold 1,745 shares of the firm’s stock in a transaction on Friday, December 12th. The stock was sold at an average price of $79.46, for a total value of $138,657.70. Following the transaction, the executive vice president owned 176,319 shares in the company, valued at $14,010,307.74. This trade represents a 0.98% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Cisco Systems Stock Performance

CSCO stock traded down $1.47 during trading on Friday, hitting $77.80. 16,667,350 shares of the company’s stock traded hands, compared to its average volume of 20,903,607. The stock has a market capitalization of $307.39 billion, a price-to-earnings ratio of 29.25, a price-to-earnings-growth ratio of 3.03 and a beta of 0.87. Cisco Systems, Inc. has a 52 week low of $52.11 and a 52 week high of $80.82. The stock has a fifty day moving average price of $73.57 and a two-hundred day moving average price of $69.58. The company has a quick ratio of 0.83, a current ratio of 0.93 and a debt-to-equity ratio of 0.46.

Cisco Systems (NASDAQ:CSCO – Get Free Report) last issued its earnings results on Wednesday, November 12th. The network equipment provider reported $1.00 EPS for the quarter, beating analysts’ consensus estimates of $0.98 by $0.02. Cisco Systems had a return on equity of 27.29% and a net margin of 18.38%.The company had revenue of $14.88 billion during the quarter, compared to the consensus estimate of $14.77 billion. During the same period in the previous year, the firm posted $0.91 earnings per share. Cisco Systems’s quarterly revenue was up 7.5% compared to the same quarter last year. 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. As a group, equities analysts anticipate that Cisco Systems, Inc. will post 3.04 EPS for the current fiscal year.

Cisco Systems Announces Dividend

The company 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 $0.41 dividend. The ex-dividend date is Friday, January 2nd. This represents a $1.64 annualized dividend and a yield of 2.1%. Cisco Systems’s dividend payout ratio is 61.65%.

Institutional Investors Weigh In On Cisco Systems

Several hedge funds have recently modified their holdings of CSCO. Painted Porch Advisors LLC grew its position in Cisco Systems by 9.9% during the 3rd quarter. Painted Porch Advisors LLC now owns 4,551 shares of the network equipment provider’s stock worth $311,000 after purchasing an additional 409 shares in the last quarter. Saranac Partners Ltd acquired a new stake in shares of Cisco Systems in the third quarter worth $231,000. Severin Investments LLC raised its position in Cisco Systems by 115.5% during the third quarter. Severin Investments LLC now owns 13,970 shares of the network equipment provider’s stock valued at $956,000 after buying an additional 7,488 shares during the period. IFP Advisors Inc lifted its stake in Cisco Systems by 11.3% in the 3rd quarter. IFP Advisors Inc now owns 120,635 shares of the network equipment provider’s stock worth $8,338,000 after acquiring an additional 12,239 shares in the last quarter. Finally, Polar Asset Management Partners Inc. acquired a new stake in Cisco Systems during the 3rd quarter worth about $550,000. 73.33% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the stock. Wall Street Zen lowered shares of Cisco Systems from a “buy” rating to a “hold” rating in a research note on Saturday, November 22nd. Piper Sandler raised their target price on Cisco Systems from $70.00 to $86.00 and gave the company a “neutral” rating in a research report on Thursday, November 13th. HSBC boosted their price target on Cisco Systems from $69.00 to $74.00 and gave the stock a “hold” rating in a research report on Friday, November 14th. Wells Fargo & Company increased their price target on Cisco Systems from $83.00 to $95.00 and gave the stock an “overweight” rating in a research note on Thursday, November 13th. Finally, BNP Paribas Exane lifted 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. Seventeen analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to data from MarketBeat, Cisco Systems has a consensus rating of “Moderate Buy” and a consensus target price of $84.14.

Get Our Latest Stock Report on CSCO

Cisco Systems Company Profile

(Get Free Report)

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.

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