Cisco Systems, Inc. $CSCO Stake Trimmed by Second Line Capital LLC

08 Sep 2026, 09:29 by Danessa Lincoln · The Markets Daily

Second Line Capital LLC lessened its stake in shares of Cisco Systems, Inc. (NASDAQ:CSCO – Free Report) by 54.9% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 4,510 shares of the network equipment provider’s stock after selling 5,499 shares during the period. Second Line Capital LLC’s holdings in Cisco Systems were worth $530,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of the company. Range Advisory LLC grew its position in Cisco Systems by 92.4% during the 2nd quarter. Range Advisory LLC now owns 17,636 shares of the network equipment provider’s stock worth $2,072,000 after purchasing an additional 8,470 shares in the last quarter. Cornerstone Financial Management LLC raised its stake in Cisco Systems by 9.0% during the 2nd quarter. Cornerstone Financial Management LLC now owns 3,079 shares of the network equipment provider’s stock valued at $362,000 after purchasing an additional 254 shares during the period. HORAN Wealth LLC lifted its holdings in shares of Cisco Systems by 4.6% in the second quarter. HORAN Wealth LLC now owns 12,700 shares of the network equipment provider’s stock valued at $1,492,000 after purchasing an additional 554 shares in the last quarter. Principia Wealth Advisory LLC lifted its holdings in shares of Cisco Systems by 43.7% in the second quarter. Principia Wealth Advisory LLC now owns 398 shares of the network equipment provider’s stock valued at $47,000 after purchasing an additional 121 shares in the last quarter. Finally, Amundi boosted its position in shares of Cisco Systems by 1.7% in the second quarter. Amundi now owns 18,432,668 shares of the network equipment provider’s stock worth $2,165,095,000 after buying an additional 303,008 shares during the period. 73.33% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research firms recently weighed in on CSCO. Argus upped their price target on Cisco Systems from $100.00 to $150.00 and gave the company a “buy” rating in a research report on Tuesday, May 19th. JPMorgan Chase & Co. raised their price objective on Cisco Systems from $95.00 to $96.00 in a research report on Monday, May 11th. BNP Paribas Exane lifted their target price on Cisco Systems from $87.00 to $132.00 and gave the company an “outperform” rating in a research note on Thursday, May 14th. CICC Research lifted their target price on Cisco Systems from $96.00 to $125.00 and gave the company an “outperform” rating in a research note on Monday, May 18th. Finally, The Goldman Sachs Group upped their target price on Cisco Systems from $116.00 to $125.00 and gave the company a “neutral” rating in a report on Wednesday, June 3rd. Two research analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $129.68.

Read Our Latest Research Report on CSCO

Insiders Place Their Bets

In other Cisco Systems news, EVP Deborah L. Stahlkopf sold 6,487 shares of the business’s stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $111.53, for a total value of $723,495.11. Following the completion of the sale, the executive vice president directly owned 167,116 shares of the company’s stock, valued at $18,638,447.48. The trade was a 3.74% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Oliver Tuszik sold 2,760 shares of the stock in a transaction on Friday, August 14th. The stock was sold at an average price of $112.46, for a total transaction of $310,389.60. Following the transaction, the executive vice president owned 165,276 shares in the company, valued at approximately $18,586,938.96. This trade represents a 1.64% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 53,611 shares of company stock worth $6,066,680 in the last quarter. Corporate insiders own 0.01% of the company’s stock.

Cisco Systems Price Performance

Shares of NASDAQ:CSCO opened at $109.20 on Tuesday. The company has a current ratio of 0.93, a quick ratio of 0.79 and a debt-to-equity ratio of 0.39. Cisco Systems, Inc. has a 1 year low of $66.13 and a 1 year high of $130.37. The business has a fifty day simple moving average of $114.09 and a 200 day simple moving average of $102.61. The firm has a market cap of $430.53 billion, a price-to-earnings ratio of 32.69, a P/E/G ratio of 2.28 and a beta of 1.00.

Cisco Systems (NASDAQ:CSCO – Get Free Report) last issued its earnings results on Wednesday, August 12th. The network equipment provider reported $1.22 EPS for the quarter, beating analysts’ consensus estimates of $1.17 by $0.05. Cisco Systems had a return on equity of 30.16% and a net margin of 20.95%.The firm had revenue of $17.25 billion for the quarter, compared to the consensus estimate of $16.84 billion. During the same quarter in the previous year, the company posted $0.99 earnings per share. The business’s quarterly revenue was up 17.6% compared to the same quarter last year. Cisco Systems has set its FY 2027 guidance at 5.050-5.110 EPS and its Q1 2027 guidance at 1.320-1.340 EPS. As a group, sell-side analysts predict that Cisco Systems, Inc. will post 4.43 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, October 21st. Investors of record on Friday, October 2nd will be paid a $0.42 dividend. The ex-dividend date of this dividend is Friday, October 2nd. This represents a $1.68 annualized dividend and a dividend yield of 1.5%. Cisco Systems’s payout ratio is presently 50.30%.

About Cisco Systems

(Free Report)

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.