Rep. Maria Elvira Salazar Purchases Shares of Cisco Systems, Inc. (NASDAQ:CSCO)

Representative Maria Elvira Salazar (Republican-Florida) recently bought shares of Cisco Systems, Inc. (NASDAQ:CSCO). In a filing disclosed on April 21st, the Representative disclosed that they had bought between $1,001 and $15,000 in Cisco Systems stock on March 19th. The trade occurred in the Representative’s “UBS IRA ACCOUNT” account.

Representative Maria Elvira Salazar also recently made the following trade(s):

  • Purchased $1,001 – $15,000 in shares of United Rentals (NYSE:URI) on 3/25/2026.
  • Purchased $1,001 – $15,000 in shares of FedEx (NYSE:FDX) on 3/25/2026.
  • Purchased $15,001 – $50,000 in shares of Honeywell International (NASDAQ:HON) on 3/24/2026.
  • Purchased $1,001 – $15,000 in shares of GE Aerospace (NYSE:GE) on 3/24/2026.
  • Purchased $15,001 – $50,000 in shares of Amgen (NASDAQ:AMGN) on 3/24/2026.
  • Purchased $15,001 – $50,000 in shares of Whirlpool (NYSE:WHR) on 3/19/2026.
  • Purchased $15,001 – $50,000 in shares of Boeing (NYSE:BA) on 3/19/2026.
  • Purchased $15,001 – $50,000 in shares of Cisco Systems (NASDAQ:CSCO) on 3/19/2026.
  • Purchased $15,001 – $50,000 in shares of FedEx (NYSE:FDX) on 3/19/2026.
  • Purchased $15,001 – $50,000 in shares of The Goldman Sachs Group (NYSE:GS) on 3/19/2026.

Cisco Systems Trading Up 0.1%

Shares of NASDAQ CSCO opened at $89.80 on Thursday. Cisco Systems, Inc. has a one year low of $55.16 and a one year high of $90.45. The firm has a market capitalization of $354.70 billion, a PE ratio of 31.51, a PEG ratio of 3.38 and a beta of 0.83. The company has a current ratio of 0.96, a quick ratio of 0.85 and a debt-to-equity ratio of 0.45. The business has a 50-day moving average price of $80.03 and a two-hundred day moving average price of $77.16.

Cisco Systems (NASDAQ:CSCOGet Free Report) last announced its quarterly earnings data on Wednesday, February 11th. The network equipment provider reported $1.04 EPS for the quarter, topping analysts’ consensus estimates of $1.02 by $0.02. Cisco Systems had a return on equity of 27.88% and a net margin of 19.22%.The firm had revenue of $15.35 billion during the quarter, compared to analyst estimates of $15.11 billion. During the same period last year, the company posted $0.94 EPS. The business’s quarterly revenue was up 9.7% compared to the same quarter last year. As a group, analysts predict that Cisco Systems, Inc. will post 3.4 earnings per share for the current fiscal year.

Cisco Systems Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, April 22nd. Shareholders of record on Thursday, April 2nd were given a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date was Thursday, April 2nd. This is a boost from Cisco Systems’s previous quarterly dividend of $0.41. Cisco Systems’s dividend payout ratio is 58.95%.

Insider Transactions at Cisco Systems

In related news, SVP Maria Victoria Wong sold 2,179 shares of the stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $77.74, for a total transaction of $169,395.46. Following the completion of the sale, the senior vice president owned 28,807 shares in the company, valued at $2,239,456.18. This trade represents a 7.03% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Charles Robbins sold 19,545 shares of the stock in a transaction dated Friday, February 13th. The stock was sold at an average price of $76.00, for a total transaction of $1,485,420.00. Following the sale, the chief executive officer owned 671,095 shares of the company’s stock, valued at $51,003,220. This trade represents a 2.83% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 46,431 shares of company stock valued at $3,574,820. Corporate insiders own 0.01% of the company’s stock.

Analysts Set New Price Targets

CSCO has been the subject of several research reports. Zacks Research lowered Cisco Systems from a “strong-buy” rating to a “hold” rating in a report on Monday, April 13th. Evercore upgraded Cisco Systems from an “in-line” rating to an “outperform” rating and boosted their target price for the stock from $80.00 to $100.00 in a report on Monday, January 26th. BNP Paribas Exane boosted their target price on Cisco Systems from $86.00 to $87.00 and gave the stock an “outperform” rating in a report on Thursday, February 12th. UBS Group boosted their price objective on Cisco Systems from $90.00 to $95.00 and gave the stock a “buy” rating in a research report on Thursday, February 12th. Finally, DZ Bank raised Cisco Systems to a “strong-buy” rating in a research report on Friday, February 13th. Three analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and eight have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $89.81.

Read Our Latest Stock Analysis on Cisco Systems

Institutional Trading of Cisco Systems

Hedge funds have recently bought and sold shares of the stock. Continuum Advisory LLC lifted its holdings in shares of Cisco Systems by 12.8% during the 1st quarter. Continuum Advisory LLC now owns 20,202 shares of the network equipment provider’s stock worth $1,568,000 after acquiring an additional 2,294 shares during the period. Networth Advisors LLC increased its stake in Cisco Systems by 276.4% in the first quarter. Networth Advisors LLC now owns 335 shares of the network equipment provider’s stock valued at $26,000 after acquiring an additional 246 shares during the period. McLean Asset Management Corp raised its position in Cisco Systems by 8.3% in the first quarter. McLean Asset Management Corp now owns 6,503 shares of the network equipment provider’s stock worth $505,000 after purchasing an additional 498 shares in the last quarter. Apollon Wealth Management LLC raised its position in Cisco Systems by 4.8% in the first quarter. Apollon Wealth Management LLC now owns 182,237 shares of the network equipment provider’s stock worth $14,140,000 after purchasing an additional 8,347 shares in the last quarter. Finally, Vicus Capital raised its position in Cisco Systems by 1.5% in the first quarter. Vicus Capital now owns 9,187 shares of the network equipment provider’s stock worth $713,000 after purchasing an additional 132 shares in the last quarter. 73.33% of the stock is owned by institutional investors.

Cisco Systems News Summary

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

About Representative Salazar

Maria Elvira Salazar (Republican Party) is a member of the U.S. House, representing Florida’s 27th Congressional District. She assumed office on January 3, 2021. Her current term ends on January 3, 2027.

Salazar (Republican Party) ran for re-election to the U.S. House to represent Florida’s 27th Congressional District. She won in the general election on November 5, 2024.

Maria Elvira Salazar was born in Miami, Florida, and lives in Coral Gables, Florida. Salazar earned an undergraduate degree from the University of Miami in 1983 and a graduate degree from Harvard University in 1995. Her career experience includes working as a television journalist, reporter, and news anchor.

About Cisco Systems

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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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