Cisco Systems, Inc. (NASDAQ:CSCO – Get Free Report) insider Jeetendra Patel sold 7,169 shares of Cisco Systems stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $117.28, for a total value of $840,780.32. Following the completion of the transaction, the insider directly owned 246,737 shares in the company, valued at $28,937,315.36. This represents a 2.82% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Cisco Systems Trading Down 2.9%
CSCO traded down $3.50 during trading on Tuesday, reaching $115.38. The company had a trading volume of 32,496,064 shares, compared to its average volume of 23,426,717. The firm’s 50-day simple moving average is $86.18 and its 200 day simple moving average is $80.33. The company has a market cap of $455.74 billion, a price-to-earnings ratio of 37.46, a PEG ratio of 3.61 and a beta of 0.92. Cisco Systems, Inc. has a 12-month low of $62.30 and a 12-month high of $119.39. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.81 and a current ratio of 0.92.
Cisco Systems (NASDAQ:CSCO – Get Free Report) last released its earnings results on Wednesday, May 13th. The network equipment provider reported $1.06 earnings per share for the quarter, beating the consensus estimate of $1.03 by $0.03. The company had revenue of $15.84 billion for the quarter, compared to analysts’ expectations of $15.56 billion. Cisco Systems had a return on equity of 28.44% and a net margin of 20.14%.The business’s revenue for the quarter was up 12.0% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.96 EPS. Cisco Systems has set its Q4 2026 guidance at 1.160-1.180 EPS and its FY 2026 guidance at 4.270-4.290 EPS. Equities research analysts anticipate that Cisco Systems, Inc. will post 3.42 earnings per share for the current year.
Cisco Systems Dividend Announcement
Institutional Inflows and Outflows
A number of large investors have recently modified their holdings of CSCO. MidAtlantic Capital Management Inc. bought a new stake in Cisco Systems in the fourth quarter valued at $25,000. Intesa Sanpaolo Wealth Management bought a new stake in Cisco Systems in the fourth quarter valued at $25,000. Networth Advisors LLC grew its position in Cisco Systems by 276.4% in the first quarter. Networth Advisors LLC now owns 335 shares of the network equipment provider’s stock valued at $26,000 after acquiring an additional 246 shares during the period. Financial Life Planners bought a new stake in Cisco Systems in the first quarter valued at $27,000. Finally, Manning & Napier Advisors LLC grew its position in Cisco Systems by 137.0% in the first quarter. Manning & Napier Advisors LLC now owns 346 shares of the network equipment provider’s stock valued at $27,000 after acquiring an additional 200 shares during the period. 73.33% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
Several research firms recently weighed in on CSCO. DZ Bank upgraded Cisco Systems to a “strong-buy” rating in a report on Friday, February 13th. The Goldman Sachs Group boosted their target price on Cisco Systems from $75.00 to $116.00 and gave the stock a “neutral” rating in a report on Thursday, May 14th. JPMorgan Chase & Co. boosted their target price on Cisco Systems from $95.00 to $96.00 in a report on Monday, May 11th. Piper Sandler boosted their target price on Cisco Systems from $86.00 to $132.00 and gave the stock a “neutral” rating in a report on Thursday, May 14th. Finally, Wells Fargo & Company boosted their target price on Cisco Systems from $95.00 to $130.00 and gave the stock an “overweight” rating in a report on Thursday, May 14th. Two analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and eight have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Cisco Systems has a consensus rating of “Moderate Buy” and a consensus price target of $118.14.
Get Our Latest Analysis on CSCO
Key Stories Impacting Cisco Systems
Here are the key news stories impacting Cisco Systems this week:
- Positive Sentiment: HSBC upgraded Cisco to Buy from Hold and nearly doubled its price target to $137 from $77, reinforcing the bullish case after earnings. HSBC nearly doubles Cisco stock price target for 2026
- Positive Sentiment: Argus also raised its target to $150 and kept a Buy rating, while CICC Research lifted its target to $125 with an Outperform rating, adding to analyst momentum. Argus adjusts price target on Cisco Systems to 150 from 100
- Positive Sentiment: Cisco’s latest quarterly report beat expectations on both revenue and EPS, and management raised guidance, with AI infrastructure orders now expected to reach $9 billion in fiscal 2026. Cisco Systems (CSCO) Is Up 20.4% After Record Q3, AI Outlook Hike And Restructuring Shift – Has The Bull Case Changed?
- Positive Sentiment: Several articles highlighted Cisco as a beneficiary of surging AI networking demand and hyperscaler orders, with a restructuring that focuses investment on silicon, optics, security, and AI-related products. Cisco Job Cuts Reshape AI Infrastructure And Security Investment Story
- Neutral Sentiment: Cisco remains one of the most-watched stocks among investors and has been featured in several “best ideas” and AI-infrastructure comparisons, which helps keep attention on the name but does not add new fundamental news. Cisco Systems, Inc. (CSCO) is Attracting Investor Attention: Here is What You Should Know
- Neutral Sentiment: Some commentary questioned whether Cisco’s free cash flow and margins have peaked, but this appears secondary to the stronger earnings and guidance narrative. Cisco Systems Reported Lower FCF and Margins – Has CSCO Stock Peaked?
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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