Representative Julia Letlow (Republican-Louisiana) recently bought shares of Cisco Systems, Inc. (NASDAQ:CSCO). In a filing disclosed on March 12th, the Representative disclosed that they had bought between $1,001 and $15,000 in Cisco Systems stock on February 2nd. The trade occurred in the Representative’s “MERRILL LYNCH INVESTMENT ACCOUNT #025” account.
Representative Julia Letlow also recently made the following trade(s):
- Sold $1,001 – $15,000 in shares of HF Sinclair (NYSE:DINO) on 2/20/2026.
- Sold $1,001 – $15,000 in shares of BXP (NYSE:BXP) on 2/20/2026.
- Purchased $1,001 – $15,000 in shares of Travelers Companies (NYSE:TRV) on 2/20/2026.
- Sold $1,001 – $15,000 in shares of Expand Energy (NASDAQ:EXE) on 2/17/2026.
- Sold $1,001 – $15,000 in shares of Public Service Enterprise Group (NYSE:PEG) on 2/17/2026.
- Purchased $1,001 – $15,000 in shares of Vistra (NYSE:VST) on 2/17/2026.
- Sold $1,001 – $15,000 in shares of AT&T (NYSE:T) on 2/12/2026.
- Purchased $1,001 – $15,000 in shares of Extra Space Storage (NYSE:EXR) on 2/12/2026.
- Sold $1,001 – $15,000 in shares of Icon (NASDAQ:ICLR) on 2/12/2026.
- Purchased $1,001 – $15,000 in shares of Regeneron Pharmaceuticals (NASDAQ:REGN) on 2/12/2026.
Cisco Systems Price Performance
Shares of NASDAQ:CSCO opened at $79.92 on Monday. The stock has a market cap of $315.68 billion, a P/E ratio of 28.04, a P/E/G ratio of 3.02 and a beta of 0.87. The firm has a fifty day moving average price of $78.97 and a 200 day moving average price of $75.35. The company has a debt-to-equity ratio of 0.45, a current ratio of 0.96 and a quick ratio of 0.85. Cisco Systems, Inc. has a 1-year low of $52.11 and a 1-year high of $88.18.
Cisco Systems Increases Dividend
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 22nd. Investors of record on Thursday, April 2nd will be given a $0.42 dividend. This is a positive change from Cisco Systems’s previous quarterly dividend of $0.41. The ex-dividend date is Thursday, April 2nd. This represents a $1.68 annualized dividend and a yield of 2.1%. Cisco Systems’s payout ratio is currently 57.54%.
Analysts Set New Price Targets
A number of equities analysts recently issued reports on CSCO shares. DZ Bank raised Cisco Systems to a “strong-buy” rating in a report on Friday, February 13th. Citigroup increased their price objective on Cisco Systems from $85.00 to $90.00 and gave the stock a “buy” rating in a research report on Thursday, February 12th. Argus upgraded Cisco Systems to a “strong-buy” rating in a research note on Friday, February 13th. Erste Group Bank cut Cisco Systems from a “buy” rating to a “hold” rating in a research note on Wednesday, February 18th. Finally, Wall Street Zen downgraded Cisco Systems from a “buy” rating to a “hold” rating in a report on Saturday, March 14th. Three analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $89.55.
Check Out Our Latest Report on Cisco Systems
Insiders Place Their Bets
In other Cisco Systems news, insider Jeetendra I. Patel sold 11,248 shares of the company’s stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $76.00, for a total transaction of $854,848.00. Following the transaction, the insider directly owned 262,776 shares in the company, valued at approximately $19,970,976. This represents a 4.10% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Deborah L. Stahlkopf sold 7,981 shares of the stock in a transaction dated Tuesday, March 17th. The shares were sold at an average price of $79.50, for a total transaction of $634,489.50. Following the completion of the transaction, the executive vice president directly owned 187,097 shares of the company’s stock, valued at approximately $14,874,211.50. This trade represents a 4.09% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 46,431 shares of company stock worth $3,574,820. Insiders own 0.01% of the company’s stock.
Hedge Funds Weigh In On Cisco Systems
A number of large investors have recently modified their holdings of CSCO. Bare Financial Services Inc grew its holdings in Cisco Systems by 531.0% during the second quarter. Bare Financial Services Inc now owns 366 shares of the network equipment provider’s stock worth $25,000 after acquiring an additional 308 shares during the period. Marquette Asset Management LLC acquired a new stake in Cisco Systems in the third quarter valued at $25,000. MidAtlantic Capital Management Inc. acquired a new stake in Cisco Systems in the fourth quarter valued at $25,000. Intesa Sanpaolo Wealth Management purchased a new stake in shares of Cisco Systems during the 4th quarter worth $25,000. Finally, Lowe Wealth Advisors LLC grew its stake in shares of Cisco Systems by 96.2% during the 3rd quarter. Lowe Wealth Advisors LLC now owns 408 shares of the network equipment provider’s stock worth $28,000 after purchasing an additional 200 shares during the period. 73.33% of the stock is owned by hedge funds and other institutional investors.
About Representative Letlow
Julia Letlow (Republican Party) is a member of the U.S. House, representing Louisiana’s 5th Congressional District. She assumed office on April 14, 2021. Her current term ends on January 3, 2027.
Letlow (Republican Party) is running for re-election to the U.S. House to represent Louisiana’s 5th Congressional District. She declared candidacy for the primary scheduled on November 3, 2026.
Julia Letlow earned a doctorate. Letlow’s career experience includes working as a senior administrator with the University of Louisiana at Monroe.
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.
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