Cisco Systems (NASDAQ:CSCO) Shares Sold Off by Rep. Maria Elvira Salazar

Representative Maria Elvira Salazar (Republican-Florida) recently sold shares of Cisco Systems, Inc. (NASDAQ:CSCO). In a filing disclosed on October 7th, the Representative disclosed that they had sold between $15,001 and $50,000 in Cisco Systems stock on September 24th. The trade occurred in the Representative’s “UBS BROKERAGE ACCOUNT” account.

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

• Sold $1,001 – $15,000 in shares of Citigroup (NYSE:C) on 9/24/2026.
• Sold $1,001 – $15,000 in shares of Chubb (NYSE:CB) on 9/24/2026.
• Sold $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 9/24/2026.
• Sold $1,001 – $15,000 in shares of GE Aerospace (NYSE:GE) on 9/24/2026.
• Sold $1,001 – $15,000 in shares of Honeywell International (NASDAQ:HON) on 9/24/2026.
• Sold $1,001 – $15,000 in shares of Snowflake (NYSE:SNOW) on 9/24/2026.
• Sold $1,001 – $15,000 in shares of FedEx (NYSE:FDX) on 9/24/2026.
• Sold $1,001 – $15,000 in shares of Salesforce (NYSE:CRM) on 9/24/2026.
• Sold $1,001 – $15,000 in shares of RH (NYSE:RH) on 9/24/2026.
• Sold $1,001 – $15,000 in shares of Meta Platforms (NASDAQ:META) on 9/24/2026.

Cisco Systems Price Performance

Shares of NASDAQ CSCO opened at $114.89 on Friday. The firm has a market capitalization of $452.96 billion, a P/E ratio of 34.40, a P/E/G ratio of 2.46 and a beta of 0.99. The firm’s 50-day moving average price is $112.13 and its 200-day moving average price is $107.70. The company has a current ratio of 0.93, a quick ratio of 0.79 and a debt-to-equity ratio of 0.39. Cisco Systems, Inc. has a 1-year low of $66.81 and a 1-year high of $130.37.

Cisco Systems (NASDAQ:CSCO) last posted its quarterly earnings results on Wednesday, August 12th. The network equipment provider reported $1.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.17 by $0.05. Cisco Systems had a net margin of 20.95% and a return on equity of 30.16%. The business had revenue of $17.25 billion during the quarter, compared to the consensus estimate of $16.84 billion. During the same quarter last year, the firm posted $0.99 EPS. Cisco Systems’s revenue was up 17.6% compared to the same quarter last year. Cisco Systems has set its FY 2027 guidance at 5.050-5.110 EPS and its Q1 2027 guidance at 1.320-1.340 EPS. Equities research analysts anticipate that Cisco Systems, Inc. will post 4.41 earnings per share for the current fiscal year.

Cisco Systems Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 21st. Investors of record on Friday, October 2nd will be given a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date is Friday, October 2nd. Cisco Systems’s payout ratio is presently 50.30%.

Cisco Systems News Summary

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

• Positive Sentiment: Agentic AI product expansion: Cisco unveiled new AI capabilities across Webex, workplace automation and customer experience, including digital agents that can understand business context, analyze data and execute tasks. The launch strengthens Cisco’s positioning in enterprise AI and could support future software and recurring-revenue growth. Cisco Unveils New Agentic Collaboration Experiences
• Positive Sentiment: Broader collaboration ecosystem: New Webex agents, Google Meet support for Cisco devices, RoomOS 27 and the Dialog customer platform expand Cisco’s AI offering across meetings, workplaces and customer-service operations. These products may help Cisco capture additional enterprise spending as companies adopt AI assistants. Cisco unveils agentic AI tools across Webex, workplace and CX
• Positive Sentiment: Operational momentum: Cisco has reportedly delivered five consecutive earnings beats, while AI infrastructure orders have been building. Its latest reported quarter also showed revenue growth and earnings above consensus, supporting the view that AI networking demand is translating into financial results.
• Positive Sentiment: Security opportunity: The addition of a FIPS-validated post-quantum security application could improve Cisco’s credibility with government and security-sensitive customers as organizations prepare for quantum-related cyber risks. Cisco Added a FIPS Validated Post Quantum Security App
• Neutral Sentiment: Valuation is now central to the debate: Analysts and investors see the potential for a new growth phase, but Cisco’s strong rally raises concerns that much of the AI-related upside may already be priced in. The company’s forward execution and guidance will be important for sustaining momentum. Cisco Could Be Entering a New Growth Phase
• Negative Sentiment: Momentum has cooled: Cisco’s 90-day share-price return has declined 5.29%, and coverage noted that the stock slipped even as the company promoted its AI products. This suggests investors may be taking profits or waiting for clearer evidence that the new offerings will materially accelerate growth. Cisco Systems Dropped, So What Is Behind the Latest Attention?

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on the company. Wall Street Zen lowered Cisco Systems from a “buy” rating to a “hold” rating in a research report on Saturday, October 3rd. Sanford C. Bernstein started coverage on shares of Cisco Systems in a research note on Wednesday, September 30th. They issued a “market perform” rating and a $110.00 target price for the company. Freedom Capital raised Cisco Systems from a “hold” rating to a “strong-buy” rating in a report on Sunday, August 16th. Wells Fargo & Company boosted their price target on shares of Cisco Systems from $130.00 to $150.00 and gave the company an “overweight” rating in a research report on Thursday, August 13th. Finally, Deutsche Bank Aktiengesellschaft initiated coverage on shares of Cisco Systems in a report on Tuesday, September 1st. They set a “buy” rating and a $135.00 price objective for the company. Three analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $128.52.

Hedge Funds Weigh In On Cisco Systems

A number of hedge funds have recently bought and sold shares of CSCO. Vilga Financial Planning LLC increased its position in shares of Cisco Systems by 5.6% during the 3rd quarter. Vilga Financial Planning LLC now owns 2,349 shares of the network equipment provider’s stock valued at $253,000 after purchasing an additional 124 shares during the last quarter. Breakwater Capital Group raised its position in shares of Cisco Systems by 2.9% during the 3rd quarter. Breakwater Capital Group now owns 11,606 shares of the network equipment provider’s stock valued at $1,249,000 after purchasing an additional 326 shares during the period. Legacy Wealth Asset Management LLC lifted its position in shares of Cisco Systems by 4.4% in the third quarter. Legacy Wealth Asset Management LLC now owns 13,871 shares of the network equipment provider’s stock valued at $1,493,000 after acquiring an additional 584 shares in the last quarter. Mn Services Vermogensbeheer B.V. lifted its holdings in Cisco Systems by 4.2% in the 3rd quarter. Mn Services Vermogensbeheer B.V. now owns 1,199,406 shares of the network equipment provider’s stock worth $132,415,000 after purchasing an additional 48,400 shares in the last quarter. Finally, Diversified Management Inc. lifted its holdings in shares of Cisco Systems by 45.3% in the third quarter. Diversified Management Inc. now owns 25,250 shares of the network equipment provider’s stock worth $2,821,000 after buying an additional 7,875 shares in the last quarter. Hedge funds and other institutional investors own 73.33% of the company’s stock.

Insider Activity at Cisco Systems

In related news, EVP Deborah L. Stahlkopf sold 6,487 shares of the company’s stock in a transaction on Friday, August 14th. The shares were sold at an average price of $111.53, for a total transaction of $723,495.11. Following the sale, the executive vice president owned 167,116 shares of the company’s stock, valued at $18,638,447.48. This represents a 3.74% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Oliver Tuszik sold 2,760 shares of Cisco Systems stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $112.46, for a total transaction of $310,389.60. Following the transaction, the executive vice president directly owned 165,276 shares of the company’s stock, valued at approximately $18,586,938.96. This represents a 1.64% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 44,869 shares of company stock valued at $5,005,620 in the last ninety days. Corporate insiders own 0.01% of the company’s stock.

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.

Cisco Systems Company Profile

Cisco Systems, Inc is a global technology company that develops networking, cybersecurity, collaboration, observability and data center solutions. Its products and services help businesses, governments, educational institutions and other organizations connect users and devices, manage infrastructure, protect digital environments and support cloud-based operations.

Cisco’s portfolio includes routers and switches, wireless networking equipment, network management software, firewalls, identity and access tools, endpoint security products, collaboration applications and observability platforms.