Thimaya Subaiya Sells 7,511 Shares of Cisco Systems (NASDAQ:CSCO) Stock

Cisco Systems, Inc. (NASDAQ:CSCO) EVP Thimaya Subaiya sold 7,511 shares of the stock in a transaction dated Wednesday, August 20th. The stock was sold at an average price of $66.84, for a total transaction of $502,035.24. Following the completion of the transaction, the executive vice president directly owned 161,467 shares of the company’s stock, valued at $10,792,454.28. This trade represents a 4.44% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Cisco Systems Stock Down 0.1%

CSCO stock opened at $67.02 on Friday. The stock has a market capitalization of $265.40 billion, a P/E ratio of 25.58, a price-to-earnings-growth ratio of 2.86 and a beta of 0.91. The company has a current ratio of 1.01, a quick ratio of 0.92 and a debt-to-equity ratio of 0.49. Cisco Systems, Inc. has a 12 month low of $47.85 and a 12 month high of $72.55. The firm has a 50-day moving average price of $68.13 and a 200-day moving average price of $63.51.

Cisco Systems (NASDAQ:CSCO) last posted its earnings results on Wednesday, August 13th. The network equipment provider reported $0.99 EPS for the quarter, topping analysts’ consensus estimates of $0.98 by $0.01. The firm had revenue of $14.67 billion during the quarter, compared to analysts’ expectations of $14.63 billion. Cisco Systems had a net margin of 18.45% and a return on equity of 27.02%. The business’s revenue for the quarter was up 7.6% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.87 earnings per share. Cisco Systems has set its Q1 2026 guidance at 0.970-0.990 EPS. FY 2026 guidance at 4.000-4.060 EPS. As a group, equities research analysts anticipate that Cisco Systems, Inc. will post 3.04 EPS for the current fiscal year.

Cisco Systems Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 22nd. Stockholders of record on Friday, October 3rd will be issued a $0.41 dividend. The ex-dividend date of this dividend is Friday, October 3rd. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.4%. Cisco Systems’s dividend payout ratio is 62.60%.

Analyst Upgrades and Downgrades

CSCO has been the subject of a number of research reports. Piper Sandler increased their target price on shares of Cisco Systems from $64.00 to $70.00 and gave the stock a “neutral” rating in a report on Thursday, August 14th. Barclays raised their price objective on shares of Cisco Systems from $66.00 to $71.00 and gave the company an “equal weight” rating in a report on Thursday, August 14th. Morgan Stanley raised their price objective on shares of Cisco Systems from $67.00 to $70.00 and gave the company an “overweight” rating in a report on Friday, July 18th. Deutsche Bank Aktiengesellschaft upgraded shares of Cisco Systems from a “hold” rating to a “buy” rating and raised their price objective for the company from $65.00 to $73.00 in a report on Monday, June 16th. Finally, Wells Fargo & Company raised their price objective on shares of Cisco Systems from $75.00 to $83.00 and gave the company an “overweight” rating in a report on Thursday, August 14th. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and ten have given a Hold rating to the stock. According to data from MarketBeat, Cisco Systems has a consensus rating of “Moderate Buy” and an average price target of $74.53.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in the company. Thompson Davis & CO. Inc. raised its holdings in Cisco Systems by 53.0% during the 2nd quarter. Thompson Davis & CO. Inc. now owns 6,784 shares of the network equipment provider’s stock worth $471,000 after purchasing an additional 2,350 shares during the last quarter. North Dallas Bank & Trust Co. bought a new position in Cisco Systems during the 2nd quarter worth approximately $636,000. Newbridge Financial Services Group Inc. raised its holdings in Cisco Systems by 493.4% during the 2nd quarter. Newbridge Financial Services Group Inc. now owns 26,240 shares of the network equipment provider’s stock worth $1,821,000 after purchasing an additional 21,818 shares during the last quarter. Cape Investment Advisory Inc. grew its position in shares of Cisco Systems by 156.7% during the 2nd quarter. Cape Investment Advisory Inc. now owns 4,204 shares of the network equipment provider’s stock worth $292,000 after buying an additional 2,566 shares during the period. Finally, Marex Group plc acquired a new stake in shares of Cisco Systems during the 2nd quarter worth approximately $277,000. Institutional investors own 73.33% of the company’s stock.

About Cisco Systems

Cisco Systems, Inc designs, manufactures, and sells Internet Protocol based networking and other products related to the communications and information technology industry in the Americas, Europe, the Middle East, Africa, the Asia Pacific, Japan, and China. The company also offers switching portfolio encompasses campus switching as well as data center switching; enterprise routing portfolio interconnects public and private wireline and mobile networks, delivering highly secure, and reliable connectivity to campus, data center and branch networks; wireless products include wireless access points and controllers; and compute portfolio including the cisco unified computing system, hyperflex, and software management capabilities, which combine computing, networking, and storage infrastructure management and virtualization.