Traders purchased shares of Cisco Systems Inc. (NASDAQ:CSCO) on weakness during trading on Monday. $102.63 million flowed into the stock on the tick-up and $56.08 million flowed out of the stock on the tick-down, for a money net flow of $46.55 million into the stock. Of all stocks tracked, Cisco Systems had the 9th highest net in-flow for the day. Cisco Systems traded down ($0.08) for the day and closed at $30.87

A number of research firms have weighed in on CSCO. Oppenheimer Holdings Inc. reaffirmed an “outperform” rating and set a $30.00 price objective on shares of Cisco Systems in a report on Monday, May 2nd. Sanford C. Bernstein reaffirmed a “buy” rating on shares of Cisco Systems in a report on Sunday, May 22nd. Credit Suisse Group AG reaffirmed a “sell” rating and set a $24.00 price objective (up from $22.00) on shares of Cisco Systems in a report on Saturday, May 14th. They noted that the move was a valuation call. Vetr downgraded Cisco Systems from a “buy” rating to a “hold” rating and set a $28.75 price objective on the stock. in a report on Monday, May 23rd. Finally, Drexel Hamilton reissued a “buy” rating and issued a $36.00 target price (up from $34.00) on shares of Cisco Systems in a report on Saturday, May 14th. One equities research analyst has rated the stock with a sell rating, twelve have assigned a hold rating and twenty-four have issued a buy rating to the stock. Cisco Systems has an average rating of “Buy” and a consensus target price of $31.32.

The firm has a market capitalization of $156.55 billion and a P/E ratio of 15.408. The company has a 50-day moving average price of $29.98 and a 200-day moving average price of $28.00.

The firm also recently declared a quarterly dividend, which was paid on Wednesday, July 27th. Stockholders of record on Thursday, July 7th were issued a dividend of $0.26 per share. The ex-dividend date of this dividend was Tuesday, July 5th. This represents a $1.04 dividend on an annualized basis and a dividend yield of 3.33%.

In other news, Director Steven M. West sold 15,000 shares of Cisco Systems stock in a transaction on Wednesday, July 20th. The shares were sold at an average price of $30.20, for a total transaction of $453,000.00. Following the transaction, the director now owns 26,804 shares in the company, valued at $809,480.80. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, EVP Pankaj Patel sold 125,000 shares of Cisco Systems stock in a transaction on Wednesday, May 25th. The stock was sold at an average price of $28.63, for a total transaction of $3,578,750.00. Following the transaction, the executive vice president now owns 456,307 shares in the company, valued at approximately $13,064,069.41. The disclosure for this sale can be found here.

Several institutional investors have modified their holdings of CSCO. Motco raised its position in shares of Cisco Systems by 1.2% in the fourth quarter. Motco now owns 264,953 shares of the network equipment provider’s stock worth $7,194,000 after buying an additional 3,227 shares during the period. Stonebridge Capital Advisors LLC raised its position in shares of Cisco Systems by 25.2% in the fourth quarter. Stonebridge Capital Advisors LLC now owns 42,065 shares of the network equipment provider’s stock worth $1,142,000 after buying an additional 8,459 shares during the period. Insight 2811 Inc. raised its position in shares of Cisco Systems by 8.8% in the fourth quarter. Insight 2811 Inc. now owns 48,082 shares of the network equipment provider’s stock worth $1,306,000 after buying an additional 3,900 shares during the period. Coldstream Capital Management Inc. raised its position in shares of Cisco Systems by 0.6% in the fourth quarter. Coldstream Capital Management Inc. now owns 121,631 shares of the network equipment provider’s stock worth $3,303,000 after buying an additional 690 shares during the period. Finally, Princeton Alpha Management LP acquired a new position in shares of Cisco Systems during the fourth quarter worth approximately $1,264,000.

Cisco System, Inc (Cisco) designs and sells lines of products, provides services and delivers integrated solutions to develop and connect networks around the world, building the Internet. The Company is engaged in designing, manufacturing and selling Internet Protocol (IP)-based networking and other products related to the communications and information technology (IT) industry, and provides services associated with these products and their use.

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