Cisco Systems, Inc. $CSCO Shares Acquired by World Investment Advisors

World Investment Advisors boosted its stake in Cisco Systems, Inc. (NASDAQ:CSCO) by 15.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 198,549 shares of the network equipment provider’s stock after acquiring an additional 26,455 shares during the period. World Investment Advisors’ holdings in Cisco Systems were worth $13,905,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Cairn Investment Group Inc. increased its stake in Cisco Systems by 0.5% during the fourth quarter. Cairn Investment Group Inc. now owns 24,146 shares of the network equipment provider’s stock valued at $1,860,000 after purchasing an additional 130 shares during the last quarter. Juncture Wealth Strategies LLC grew its position in shares of Cisco Systems by 0.9% during the fourth quarter. Juncture Wealth Strategies LLC now owns 15,042 shares of the network equipment provider’s stock worth $1,159,000 after acquiring an additional 132 shares during the last quarter. Northstar Advisory Group LLC grew its position in shares of Cisco Systems by 1.6% during the fourth quarter. Northstar Advisory Group LLC now owns 8,203 shares of the network equipment provider’s stock worth $632,000 after acquiring an additional 133 shares during the last quarter. Roman Butler Fullerton & Co. grew its position in Cisco Systems by 0.8% in the 4th quarter. Roman Butler Fullerton & Co. now owns 15,917 shares of the network equipment provider’s stock valued at $1,183,000 after buying an additional 133 shares in the last quarter. Finally, MMA Asset Management LLC grew its position in Cisco Systems by 2.3% in the 4th quarter. MMA Asset Management LLC now owns 6,167 shares of the network equipment provider’s stock valued at $475,000 after buying an additional 139 shares in the last quarter. 73.33% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, CEO Charles Robbins sold 19,545 shares of Cisco Systems stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $76.00, for a total value of $1,485,420.00. Following the transaction, the chief executive officer owned 671,095 shares of the company’s stock, valued at $51,003,220. This trade represents a 2.83% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Oliver Tuszik sold 3,132 shares of the company’s stock in a transaction on Wednesday, March 18th. The shares were sold at an average price of $79.74, for a total transaction of $249,745.68. Following the transaction, the executive vice president owned 188,613 shares of the company’s stock, valued at approximately $15,040,000.62. The trade was a 1.63% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last 90 days, insiders have sold 46,431 shares of company stock valued at $3,574,820. 0.01% of the stock is owned by corporate insiders.

Cisco Systems Price Performance

Shares of CSCO opened at $99.29 on Wednesday. The firm has a market cap of $392.18 billion, a PE ratio of 34.84, a PEG ratio of 3.70 and a beta of 0.92. The firm’s 50 day moving average price is $83.48 and its 200 day moving average price is $79.14. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.85 and a current ratio of 0.96. Cisco Systems, Inc. has a twelve month low of $60.85 and a twelve month high of $99.93.

Cisco Systems (NASDAQ:CSCO) last issued its quarterly earnings data on Wednesday, February 11th. The network equipment provider reported $1.04 earnings per share for the quarter, beating the consensus estimate of $1.02 by $0.02. Cisco Systems had a net margin of 19.22% and a return on equity of 27.88%. The firm had revenue of $15.35 billion for the quarter, compared to analyst estimates of $15.11 billion. During the same quarter last year, the firm earned $0.94 earnings per share. The company’s revenue for the quarter was up 9.7% on a year-over-year basis. As a group, research analysts expect that Cisco Systems, Inc. will post 3.42 EPS for the current fiscal year.

Cisco Systems News Roundup

Here are the key news stories impacting Cisco Systems this week:

• Positive Sentiment: Investors remain upbeat heading into earnings as multiple reports highlight Cisco’s AI infrastructure exposure, strong networking demand, and hyperscaler momentum, all of which could support a revenue and guidance beat. The Zacks Analyst Blog Cisco, Arista Networks, Dell and Hewlett
• Positive Sentiment: Cisco’s shares reached a new 52-week high and have been described as overbought, reflecting strong momentum and investor confidence going into the results. Cisco stock at its most overbought since 2018 — and a top pro sees 25% upside
• Positive Sentiment: AT&T’s launch of a Cisco-powered quantum security SD-WAN service adds a fresh proof point for Cisco’s networking and cybersecurity platform, potentially supporting longer-term enterprise demand. Can AT&T’s Cisco-Powered Quantum Security Network Drive Profits?
• Neutral Sentiment: JPMorgan raised its price target on Cisco to $96, but that remains below the current share price, suggesting the market may already be pricing in a strong earnings outcome. MarketScreener coverage of JPMorgan price target change
• Negative Sentiment: One pre-earnings note said Cisco was trading lower intraday as traders waited for the report, showing some caution after the recent rally. Cisco Systems Taps Record High Before Earnings

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on CSCO shares. Argus upgraded shares of Cisco Systems to a “strong-buy” rating in a report on Friday, February 13th. Rosenblatt Securities reaffirmed a “buy” rating and issued a $100.00 price objective on shares of Cisco Systems in a research note on Thursday, February 12th. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Cisco Systems in a research note on Friday, April 24th. DZ Bank raised shares of Cisco Systems to a “strong-buy” rating in a research note on Friday, February 13th. Finally, CICC Research raised their price objective on shares of Cisco Systems from $84.00 to $96.00 and gave the stock an “outperform” rating in a research note on Friday, February 13th. Three research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat.com, Cisco Systems currently has a consensus rating of “Moderate Buy” and an average price target of $90.29.

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.