Nicholas Wealth LLC. Sells 19,082 Shares of Cisco Systems, Inc. $CSCO

Nicholas Wealth LLC. lessened its position in Cisco Systems, Inc. (NASDAQ:CSCO) by 86.8% in the second quarter, Holdings Channel.com reports. The firm owned 2,900 shares of the network equipment provider’s stock after selling 19,082 shares during the quarter. Nicholas Wealth LLC.’s holdings in Cisco Systems were worth $201,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of CSCO. Brighton Jones LLC increased its holdings in Cisco Systems by 49.5% during the fourth quarter. Brighton Jones LLC now owns 74,187 shares of the network equipment provider’s stock worth $4,392,000 after buying an additional 24,562 shares during the last quarter. Revolve Wealth Partners LLC grew its holdings in shares of Cisco Systems by 37.0% during the 4th quarter. Revolve Wealth Partners LLC now owns 9,156 shares of the network equipment provider’s stock valued at $542,000 after purchasing an additional 2,474 shares during the last quarter. Obermeyer Wealth Partners raised its stake in shares of Cisco Systems by 3.1% during the first quarter. Obermeyer Wealth Partners now owns 10,744 shares of the network equipment provider’s stock valued at $663,000 after acquiring an additional 318 shares during the last quarter. Ignite Planners LLC increased its stake in shares of Cisco Systems by 35.1% during the first quarter. Ignite Planners LLC now owns 10,957 shares of the network equipment provider’s stock valued at $637,000 after buying an additional 2,849 shares during the period. Finally, PFG Advisors increased its stake in shares of Cisco Systems by 49.0% in the 1st quarter. PFG Advisors now owns 25,367 shares of the network equipment provider’s stock worth $1,565,000 after acquiring an additional 8,344 shares in the last quarter. 73.33% of the stock is owned by institutional investors.

Cisco Systems Trading Down 0.5%

Shares of Cisco Systems stock opened at $77.37 on Wednesday. Cisco Systems, Inc. has a 12-month low of $52.11 and a 12-month high of $79.50. The company has a current ratio of 1.00, a quick ratio of 0.91 and a debt-to-equity ratio of 0.49. The stock has a market cap of $304.89 billion, a price-to-earnings ratio of 29.53, a PEG ratio of 3.00 and a beta of 0.95. The company has a fifty day simple moving average of $70.29 and a 200-day simple moving average of $67.83.

Cisco Systems (NASDAQ:CSCO) last released its quarterly earnings results on Wednesday, November 12th. The network equipment provider reported $1.00 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.98 by $0.02. The firm had revenue of $14.88 billion for the quarter, compared to analyst estimates of $14.77 billion. Cisco Systems had a return on equity of 27.06% and a net margin of 18.45%.The business’s revenue was up 7.5% on a year-over-year basis. During the same quarter last year, the company posted $0.91 earnings per share. Cisco Systems has set its FY 2026 guidance at 4.080-4.140 EPS. Q2 2026 guidance at 1.010-1.030 EPS. On average, equities analysts forecast that Cisco Systems, Inc. will post 3.04 EPS for the current fiscal year.

Cisco Systems Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 21st. Investors of record on Friday, January 2nd will be issued a dividend of $0.41 per share. The ex-dividend date of this dividend is Friday, January 2nd. This represents a $1.64 dividend on an annualized basis and a yield of 2.1%. Cisco Systems’s payout ratio is currently 61.65%.

Wall Street Analysts Forecast Growth

CSCO has been the topic of several recent research reports. KeyCorp increased their price objective on shares of Cisco Systems from $77.00 to $87.00 and gave the stock an “overweight” rating in a research note on Thursday, November 13th. Morgan Stanley upped their price target on shares of Cisco Systems from $77.00 to $82.00 and gave the company an “overweight” rating in a report on Thursday, November 13th. Citic Securities lifted their price target on shares of Cisco Systems from $75.00 to $90.00 in a research note on Monday. Piper Sandler increased their price target on shares of Cisco Systems from $70.00 to $86.00 and gave the company a “neutral” rating in a research report on Thursday, November 13th. Finally, BNP Paribas Exane raised their target price on Cisco Systems from $76.00 to $86.00 and gave the stock an “outperform” rating in a research note on Thursday, November 13th. Seventeen investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $84.14.

Insider Buying and Selling

In related news, CEO Charles Robbins sold 281,860 shares of the firm’s stock in a transaction that occurred on Monday, November 17th. The stock was sold at an average price of $78.35, for a total value of $22,083,731.00. Following the completion of the transaction, the chief executive officer directly owned 820,887 shares of the company’s stock, valued at $64,316,496.45. This trade represents a 25.56% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, EVP Deborah L. Stahlkopf sold 164,584 shares of Cisco Systems stock in a transaction on Friday, November 14th. The stock was sold at an average price of $77.85, for a total value of $12,812,864.40. Following the transaction, the executive vice president directly owned 196,738 shares of the company’s stock, valued at approximately $15,316,053.30. This represents a 45.55% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 961,950 shares of company stock valued at $74,696,164 in the last 90 days. 0.01% of the stock is owned by corporate insiders.

Cisco Systems Profile

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.