Cisco Systems (NASDAQ:CSCO) EVP Thimaya Subaiya Sells 7,127 Shares of Stock

Cisco Systems, Inc. (NASDAQ:CSCO) EVP Thimaya Subaiya sold 7,127 shares of the stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $119.91, for a total transaction of $854,598.57. Following the transaction, the executive vice president directly owned 140,857 shares in the company, valued at $16,890,162.87. The trade was a 4.82% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Cisco Systems Trading Down 1.9%

Cisco Systems stock opened at $117.33 on Thursday. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.92 and a quick ratio of 0.81. The company has a market capitalization of $462.45 billion, a price-to-earnings ratio of 38.09, a PEG ratio of 3.05 and a beta of 1.01. Cisco Systems, Inc. has a one year low of $65.38 and a one year high of $130.37. The company’s fifty day moving average price is $104.65 and its two-hundred day moving average price is $87.48.

Cisco Systems (NASDAQ:CSCO) last posted its earnings results on Wednesday, May 13th. The network equipment provider reported $1.06 EPS for the quarter, topping the consensus estimate of $1.03 by $0.03. The firm had revenue of $15.84 billion for the quarter, compared to the consensus estimate of $15.56 billion. Cisco Systems had a net margin of 20.14% and a return on equity of 28.44%. The business’s quarterly revenue was up 12.0% on a year-over-year basis. During the same period in the prior year, the business posted $0.96 earnings per share. 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. On average, analysts forecast that Cisco Systems, Inc. will post 3.54 earnings per share for the current fiscal year.

Cisco Systems Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, July 22nd. Stockholders of record on Monday, July 6th will be given a $0.42 dividend. This represents a $1.68 annualized dividend and a dividend yield of 1.4%. The ex-dividend date of this dividend is Monday, July 6th. Cisco Systems’s dividend payout ratio (DPR) is currently 54.55%.

More Cisco Systems News

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

• Positive Sentiment: Cisco was highlighted by Zacks as a top AI-screen name after record-breaking results and strong growth tied to AI infrastructure demand, reinforcing the bull case for continued revenue momentum.
• Positive Sentiment: Zacks also said Cisco is benefiting from the broader AI networking boom, pointing to Q3 revenue growth, a 25% increase in networking, and surging orders across segments.
• Positive Sentiment: Equinix expanded its collaboration with Cisco and NVIDIA to deploy secure AI factories, which may signal deeper enterprise adoption of Cisco’s AI networking and data-center ecosystem.
• Positive Sentiment: Cisco gained additional bullish coverage as a blue-chip stock to buy, with analysts citing its role in the market’s risk-on momentum and its strong year-to-date performance.
• Neutral Sentiment: A separate article questioned whether Cisco’s stock remains reasonably priced after its large one-year rally, suggesting investors are increasingly focused on valuation after a strong run.
• Neutral Sentiment: Peer and sector comparison pieces did not add a direct catalyst, but they keep Cisco in the spotlight as investors compare its performance with other technology names.
• Negative Sentiment: Cisco EVP Thimaya K. Subaiya sold 7,127 shares under a pre-arranged trading plan, which can sometimes weigh on sentiment even though the sale was routine and not necessarily a bearish signal.
• Negative Sentiment: One Seeking Alpha piece warned about the risks of an AI-driven rally and later downgraded Cisco, reflecting growing concern that much of the AI optimism may already be priced in.

Institutional Trading of Cisco Systems

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. increased its holdings in shares of Cisco Systems by 1.0% in the fourth quarter. Vanguard Group Inc. now owns 398,943,293 shares of the network equipment provider’s stock valued at $30,730,602,000 after purchasing an additional 4,049,893 shares in the last quarter. State Street Corp boosted its position in shares of Cisco Systems by 0.5% during the fourth quarter. State Street Corp now owns 195,521,161 shares of the network equipment provider’s stock worth $15,060,995,000 after purchasing an additional 1,057,962 shares in the last quarter. Morgan Stanley lifted its position in Cisco Systems by 0.3% in the 4th quarter. Morgan Stanley now owns 75,326,258 shares of the network equipment provider’s stock valued at $5,802,382,000 after acquiring an additional 206,352 shares in the last quarter. Invesco Ltd. lifted its position in Cisco Systems by 11.6% in the 4th quarter. Invesco Ltd. now owns 59,836,782 shares of the network equipment provider’s stock valued at $4,609,227,000 after acquiring an additional 6,224,062 shares in the last quarter. Finally, Norges Bank bought a new stake in Cisco Systems in the 4th quarter valued at $4,473,272,000. Institutional investors and hedge funds own 73.33% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on CSCO shares. JPMorgan Chase & Co. raised their price target on Cisco Systems from $95.00 to $96.00 in a research report on Monday, May 11th. Argus raised their price target on Cisco Systems from $100.00 to $150.00 and gave the company a “buy” rating in a research report on Tuesday, May 19th. Weiss Ratings upgraded shares of Cisco Systems from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, May 29th. Bank of America increased their target price on shares of Cisco Systems from $135.00 to $150.00 and gave the company a “buy” rating in a research note on Monday, June 8th. Finally, Truist Financial assumed coverage on shares of Cisco Systems in a research note on Tuesday, March 31st. They set a “buy” rating and a $94.00 price target for the company. Two analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $122.90.

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.