Cisco Systems, Inc. $CSCO Shares Sold by Vaughan David Investments LLC IL

Vaughan David Investments LLC IL cut its stake in shares of Cisco Systems, Inc. (NASDAQ:CSCOFree Report) by 0.9% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 924,875 shares of the network equipment provider’s stock after selling 8,126 shares during the quarter. Cisco Systems makes up approximately 1.4% of Vaughan David Investments LLC IL’s portfolio, making the stock its 12th biggest position. Vaughan David Investments LLC IL’s holdings in Cisco Systems were worth $63,280,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Global View Capital Management LLC raised its holdings in shares of Cisco Systems by 15.5% in the 3rd quarter. Global View Capital Management LLC now owns 3,857 shares of the network equipment provider’s stock valued at $264,000 after purchasing an additional 517 shares in the last quarter. Inscription Capital LLC increased its holdings in Cisco Systems by 6.2% in the third quarter. Inscription Capital LLC now owns 34,943 shares of the network equipment provider’s stock valued at $2,391,000 after buying an additional 2,042 shares during the last quarter. Live Oak Investment Partners raised its stake in Cisco Systems by 5.8% in the third quarter. Live Oak Investment Partners now owns 17,352 shares of the network equipment provider’s stock valued at $1,187,000 after buying an additional 953 shares in the last quarter. Americana Partners LLC raised its stake in Cisco Systems by 0.4% in the third quarter. Americana Partners LLC now owns 190,991 shares of the network equipment provider’s stock valued at $13,068,000 after buying an additional 692 shares in the last quarter. Finally, Root Financial Partners LLC lifted its holdings in Cisco Systems by 21.0% during the 3rd quarter. Root Financial Partners LLC now owns 7,612 shares of the network equipment provider’s stock worth $521,000 after buying an additional 1,319 shares during the last quarter. Institutional investors and hedge funds own 73.33% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on CSCO shares. Citigroup increased their price objective on Cisco Systems from $80.00 to $85.00 and gave the company a “buy” rating in a report on Thursday, November 13th. Argus upped their price target on Cisco Systems from $80.00 to $100.00 in a report on Thursday, November 13th. Wells Fargo & Company raised their price objective on shares of Cisco Systems from $83.00 to $95.00 and gave the stock an “overweight” rating in a report on Thursday, November 13th. Weiss Ratings restated a “buy (b)” rating on shares of Cisco Systems in a research report on Thursday, October 30th. Finally, UBS Group upped their target price on shares of Cisco Systems from $88.00 to $90.00 and gave the company a “buy” rating in a report on Thursday, November 13th. Sixteen equities research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat.com, Cisco Systems currently has a consensus rating of “Moderate Buy” and an average target price of $85.23.

Get Our Latest Report on CSCO

Cisco Systems Trading Down 0.1%

Shares of Cisco Systems stock opened at $75.19 on Tuesday. The company has a quick ratio of 0.83, a current ratio of 0.93 and a debt-to-equity ratio of 0.46. The firm has a market cap of $297.08 billion, a price-to-earnings ratio of 28.27, a price-to-earnings-growth ratio of 2.84 and a beta of 0.87. Cisco Systems, Inc. has a 52-week low of $52.11 and a 52-week high of $80.82. The company’s 50-day simple moving average is $76.72 and its 200-day simple moving average is $71.65.

Cisco Systems (NASDAQ:CSCOGet Free Report) last announced its quarterly earnings data on Wednesday, November 12th. The network equipment provider reported $1.00 earnings per share 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 27.29% and a net margin of 18.38%.The firm’s revenue for the quarter was up 7.5% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.91 EPS. Cisco Systems has set its FY 2026 guidance at 4.080-4.140 EPS and its Q2 2026 guidance at 1.010-1.030 EPS. As a group, equities research analysts anticipate that Cisco Systems, Inc. will post 3.04 earnings per share for the current year.

Cisco Systems Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 21st. Shareholders of record on Friday, January 2nd will be issued a $0.41 dividend. 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 2.2%. Cisco Systems’s dividend payout ratio (DPR) is 61.65%.

Insider Activity at Cisco Systems

In other news, Director Michael D. Capellas sold 10,850 shares of the company’s stock in a transaction on Friday, December 19th. The shares were sold at an average price of $77.13, for a total transaction of $836,860.50. Following the transaction, the director directly owned 146,368 shares of the company’s stock, valued at $11,289,363.84. This represents a 6.90% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Thimaya K. Subaiya sold 1,745 shares of the stock in a transaction dated Friday, December 12th. The shares were sold at an average price of $79.46, for a total transaction of $138,657.70. Following the completion of the transaction, the executive vice president owned 176,319 shares of the company’s stock, valued at $14,010,307.74. This represents a 0.98% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 1,044,865 shares of company stock worth $81,397,635. 0.01% of the stock is currently owned by insiders.

Cisco Systems Profile

(Free Report)

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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Institutional Ownership by Quarter for Cisco Systems (NASDAQ:CSCO)

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