Insider Selling: Cisco Systems (NASDAQ:CSCO) EVP Sells 56,038 Shares of Stock

Cisco Systems, Inc. (NASDAQ:CSCO) EVP Thimaya Subaiya sold 56,038 shares of the firm’s stock in a transaction dated Wednesday, November 19th. The shares were sold at an average price of $78.33, for a total value of $4,389,456.54. Following the sale, the executive vice president owned 179,780 shares of the company’s stock, valued at $14,082,167.40. This represents a 23.76% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Cisco Systems Stock Down 3.8%

Shares of NASDAQ:CSCO traded down $2.95 during trading on Thursday, hitting $75.44. The company’s stock had a trading volume of 27,355,147 shares, compared to its average volume of 21,168,529. The company has a market capitalization of $297.29 billion, a PE ratio of 28.79, a PEG ratio of 3.00 and a beta of 0.95. Cisco Systems, Inc. has a fifty-two week low of $52.11 and a fifty-two week high of $80.06. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.91 and a current ratio of 1.00. The stock’s 50-day moving average price is $70.49 and its two-hundred day moving average price is $67.90.

Cisco Systems (NASDAQ:CSCO) last announced its earnings results on Wednesday, November 12th. The network equipment provider reported $1.00 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.98 by $0.02. The company 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%.Cisco Systems’s quarterly revenue was up 7.5% on a year-over-year basis. During the same period in the prior year, the company posted $0.91 EPS. Cisco Systems has set its FY 2026 guidance at 4.080-4.140 EPS. Q2 2026 guidance at 1.010-1.030 EPS. As a group, sell-side analysts expect that Cisco Systems, Inc. will post 3.04 EPS for the current year.

Cisco Systems Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 21st. Shareholders of record on Friday, January 2nd will be paid a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date is Friday, January 2nd. Cisco Systems’s dividend payout ratio is 61.65%.

Institutional Investors Weigh In On Cisco Systems

Large investors have recently added to or reduced their stakes in the stock. Ariadne Wealth Management LP lifted its stake in Cisco Systems by 10.0% in the third quarter. Ariadne Wealth Management LP now owns 4,700 shares of the network equipment provider’s stock valued at $322,000 after buying an additional 428 shares during the last quarter. Old North State Trust LLC lifted its position in Cisco Systems by 0.8% in the 3rd quarter. Old North State Trust LLC now owns 24,726 shares of the network equipment provider’s stock valued at $1,692,000 after purchasing an additional 192 shares during the last quarter. Portus Wealth Advisors LLC acquired a new position in Cisco Systems during the 3rd quarter valued at about $237,000. Centaurus Financial Inc. boosted its stake in Cisco Systems by 1.0% during the 3rd quarter. Centaurus Financial Inc. now owns 16,216 shares of the network equipment provider’s stock valued at $1,109,000 after purchasing an additional 158 shares during the period. Finally, First Affirmative Financial Network grew its position in Cisco Systems by 15.7% in the 3rd quarter. First Affirmative Financial Network now owns 30,543 shares of the network equipment provider’s stock worth $2,090,000 after purchasing an additional 4,135 shares during the last quarter. 73.33% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research firms have recently weighed in on CSCO. Wells Fargo & Company boosted their target price on shares of Cisco Systems from $83.00 to $95.00 and gave the stock an “overweight” rating in a research report on Thursday, November 13th. Erste Group Bank upgraded Cisco Systems from a “hold” rating to a “buy” rating in a research note on Monday, November 10th. HSBC upped their price objective on Cisco Systems from $69.00 to $74.00 and gave the company a “hold” rating in a research note on Friday, November 14th. Weiss Ratings reiterated a “buy (b)” rating on shares of Cisco Systems in a research report on Thursday, October 30th. Finally, William Blair raised Cisco Systems to a “hold” rating in a research report on Thursday, August 14th. Seventeen investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $84.14.

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.