Navellier & Associates Inc. decreased its holdings in shares of Cisco Systems, Inc. (NASDAQ:CSCO – Free Report) by 10.7% during the 4th quarter, Holdings Channel.com reports. The fund owned 58,176 shares of the network equipment provider’s stock after selling 6,987 shares during the period. Navellier & Associates Inc.’s holdings in Cisco Systems were worth $4,481,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors and hedge funds have also recently bought and sold shares of CSCO. Marquette Asset Management LLC acquired a new stake in shares of Cisco Systems in the third quarter valued at approximately $25,000. EQ Wealth Advisors LLC acquired a new position in shares of Cisco Systems during the fourth quarter valued at approximately $31,000. Board of the Pension Protection Fund bought a new stake in Cisco Systems during the fourth quarter worth approximately $31,000. Cedar Mountain Advisors LLC boosted its holdings in Cisco Systems by 115.7% during the third quarter. Cedar Mountain Advisors LLC now owns 468 shares of the network equipment provider’s stock worth $32,000 after buying an additional 251 shares in the last quarter. Finally, Joseph Group Capital Management bought a new stake in Cisco Systems during the fourth quarter worth approximately $38,000. Institutional investors and hedge funds own 73.33% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of equities analysts recently commented on the stock. Evercore raised their price objective on shares of Cisco Systems from $100.00 to $110.00 and gave the stock an “outperform” rating in a research note on Monday. Zacks Research downgraded shares of Cisco Systems from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 13th. Weiss Ratings restated a “buy (b)” rating on shares of Cisco Systems in a report on Friday, April 24th. Citigroup lifted their target price on shares of Cisco Systems from $85.00 to $90.00 and gave the stock a “buy” rating in a report on Thursday, February 12th. Finally, BNP Paribas Exane raised their price target on shares of Cisco Systems from $86.00 to $87.00 and gave the stock an “outperform” rating in a research report on Thursday, February 12th. Three analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $90.29.
Insider Buying and Selling at Cisco Systems
In related news, EVP Deborah L. Stahlkopf sold 7,981 shares of the business’s stock in a transaction that occurred on 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 sale, the executive vice president directly owned 187,097 shares of the company’s stock, valued at $14,874,211.50. The trade was a 4.09% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, SVP Maria Victoria Wong sold 551 shares of the business’s stock in a transaction that occurred on Wednesday, March 11th. The stock was sold at an average price of $77.54, for a total transaction of $42,724.54. Following the sale, the senior vice president directly owned 27,957 shares of the company’s stock, valued at approximately $2,167,785.78. This trade represents a 1.93% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 46,431 shares of company stock valued at $3,574,820 over the last 90 days. Company insiders own 0.01% of the company’s stock.
Cisco Systems Trading Up 1.8%
Shares of NASDAQ CSCO opened at $94.30 on Wednesday. Cisco Systems, Inc. has a 1-year low of $58.58 and a 1-year high of $94.72. The company has a market cap of $372.47 billion, a PE ratio of 33.09, a P/E/G ratio of 3.49 and a beta of 0.92. The company has a current ratio of 0.96, a quick ratio of 0.85 and a debt-to-equity ratio of 0.45. The company has a 50-day moving average of $81.77 and a two-hundred day moving average of $78.24.
Cisco Systems (NASDAQ:CSCO – Get Free Report) last announced its earnings results on Wednesday, February 11th. The network equipment provider reported $1.04 earnings per share for the quarter, topping analysts’ consensus estimates of $1.02 by $0.02. Cisco Systems had a net margin of 19.22% and a return on equity of 27.88%. The company had revenue of $15.35 billion during the quarter, compared to the consensus estimate of $15.11 billion. During the same period in the previous year, the firm posted $0.94 earnings per share. The company’s revenue was up 9.7% on a year-over-year basis. As a group, equities analysts expect that Cisco Systems, Inc. will post 3.4 earnings per share for the current fiscal year.
Cisco Systems Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 22nd. Investors of record on Thursday, April 2nd were paid a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a dividend yield of 1.8%. This is a positive change from Cisco Systems’s previous quarterly dividend of $0.41. The ex-dividend date of this dividend was Thursday, April 2nd. Cisco Systems’s payout ratio is presently 58.95%.
Trending Headlines about Cisco Systems
Here are the key news stories impacting Cisco Systems this week:
- Positive Sentiment: Evercore raised its price target on Cisco to $110 and kept an “outperform” rating, signaling analyst confidence in upside tied to Cisco’s product mix (about a 17% implied upside from recent levels). Evercore price target raise
- Positive Sentiment: Cisco announced plans to acquire Israeli cybersecurity firm Astrix Security, expanding its access/connectivity security capabilities — a move that should accelerate product-led sales and M&A synergy messaging. Cisco to acquire Israeli co Astrix Security
- Positive Sentiment: Cisco is pushing security momentum by adding Qmulos to its SolutionsPlus program and integrating compliance analytics with its broader security portfolio (and deeper Splunk ties), which simplifies procurement and upsell opportunities to enterprise customers. Cisco Security Push With Astrix And Qmulos
- Positive Sentiment: Analysts (Evercore coverage) argue Cisco’s Silicon One ASIC business is underappreciated and could be a multi‑year growth driver for routing and AI networking — supportive for longer‑term revenue and margin upside. Silicon One underappreciated
- Positive Sentiment: Longer‑term tech roadmap: Cisco highlighted a Universal Quantum Switch for routing quantum information over standard fiber — a strategic signal that Cisco is positioning for future, high‑value networking platforms. Universal Quantum Switch
- Neutral Sentiment: Partner ecosystem news: C1 earned full Preferred status across Cisco 360 designations — positive for channel execution but incremental vs. the larger company story. C1 Preferred Partner status
- Neutral Sentiment: Broader market context: tech stocks were mixed in recent sessions; some industry earnings (Microchip, Gen Digital, News Corp, BlackBerry) are being watched by investors but are not directly tied to Cisco’s fundamentals. Tech stocks mixed
Cisco Systems Company Profile
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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