20,567 Cisco Systems, Inc. $CSCO Shares Sold by SVB Wealth LLC

SVB Wealth LLC lowered its position in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 14.5% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 121,454 shares of the network equipment provider’s stock after selling 20,567 shares during the period. Cisco Systems accounts for approximately 0.9% of SVB Wealth LLC’s investment portfolio, making the stock its 26th biggest holding. SVB Wealth LLC’s holdings in Cisco Systems were worth $13,072,000 at the end of the most recent reporting period.

Other hedge funds have also added to or reduced their stakes in the company. Cozad Asset Management Inc. grew its holdings in Cisco Systems by 0.3% in the 1st quarter. Cozad Asset Management Inc. now owns 26,203 shares of the network equipment provider’s stock valued at $2,033,000 after buying an additional 87 shares in the last quarter. Dogwood Wealth Management LLC increased its position in Cisco Systems by 3.9% during the 2nd quarter. Dogwood Wealth Management LLC now owns 2,413 shares of the network equipment provider’s stock worth $283,000 after buying an additional 90 shares during the period. Green Ridge Wealth Planning LLC increased its position in Cisco Systems by 1.5% during the 3rd quarter. Green Ridge Wealth Planning LLC now owns 6,017 shares of the network equipment provider’s stock worth $648,000 after buying an additional 90 shares during the period. August Group Capital Ltd lifted its holdings in shares of Cisco Systems by 2.0% during the second quarter. August Group Capital Ltd now owns 4,723 shares of the network equipment provider’s stock worth $555,000 after buying an additional 91 shares in the last quarter. Finally, Financial Insights Inc. lifted its holdings in shares of Cisco Systems by 1.5% during the first quarter. Financial Insights Inc. now owns 6,220 shares of the network equipment provider’s stock worth $483,000 after buying an additional 92 shares in the last quarter. 73.33% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. Weiss Ratings reissued a “buy (b)” rating on shares of Cisco Systems in a research report on Wednesday, August 26th. Wells Fargo & Company raised their price target on shares of Cisco Systems from $130.00 to $150.00 and gave the stock an “overweight” rating in a research report on Thursday, August 13th. Freedom Capital upgraded shares of Cisco Systems from a “hold” rating to a “strong-buy” rating in a research note on Sunday, August 16th. Rosenblatt Securities lifted their price objective on shares of Cisco Systems from $150.00 to $165.00 and gave the stock a “buy” rating in a research note on Thursday, August 13th. Finally, Piper Sandler cut their price objective on shares of Cisco Systems from $132.00 to $125.00 and set a “neutral” rating for the company in a report on Tuesday, September 22nd. Three investment analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $129.14.

Insider Buying and Selling

In other Cisco Systems news, EVP Oliver Tuszik sold 680 shares of the business’s stock in a transaction on Monday, September 14th. The shares were sold at an average price of $110.18, for a total transaction of $74,922.40. Following the sale, the executive vice president owned 163,337 shares of the company’s stock, valued at approximately $17,996,470.66. The trade was a 0.41% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Thimaya K. Subaiya sold 5,832 shares of the company’s stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of $111.47, for a total transaction of $650,093.04. Following the transaction, the executive vice president owned 128,382 shares of the company’s stock, valued at $14,310,741.54. This trade represents a 4.35% 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. Over the last quarter, insiders have sold 6,824 shares of company stock valued at $759,392. 0.01% of the stock is owned by corporate insiders.

Cisco Systems Stock Performance

NASDAQ:CSCO opened at $102.01 on Friday. Cisco Systems, Inc. has a twelve month low of $72.80 and a twelve month high of $130.37. The company has a quick ratio of 0.79, a current ratio of 0.93 and a debt-to-equity ratio of 0.39. The stock’s 50-day simple moving average is $108.02 and its 200 day simple moving average is $102.13. The firm has a market capitalization of $402.18 billion, a PE ratio of 30.54, a price-to-earnings-growth ratio of 2.07 and a beta of 1.01.

Cisco Systems (NASDAQ:CSCO) last issued its earnings results on Thursday, November 12th. The network equipment provider reported $1.40 EPS for the quarter, topping the consensus estimate of $1.33 by $0.07. The firm had revenue of $18.52 billion during the quarter, compared to the consensus estimate of $18.12 billion. Cisco Systems had a return on equity of 30.16% and a net margin of 20.95%. During the same quarter in the previous year, the firm earned $1.00 earnings per share. Cisco Systems has set its Q2 2027 guidance at 1.340-1.360 EPS and its FY 2027 guidance at 5.470-5.530 EPS. On average, analysts anticipate that Cisco Systems, Inc. will post 4.48 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 20th. Investors of record on Monday, January 4th will be given a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date is Monday, January 4th. Cisco Systems’s dividend payout ratio is currently 50.30%.

More Cisco Systems News

These are some of the CSCO news items that stood out recently:

• Positive Sentiment: Cisco raised its fiscal 2027 adjusted EPS forecast to $5.47–$5.53, above the $5.10 FactSet estimate, and its revenue outlook to $74.8–$75.8 billion, versus $73.2 billion expected. Its Q2 EPS and revenue guidance also exceeded consensus, supporting expectations for continued growth. Cisco raises annual revenue forecast on strong AI networking demand
• Positive Sentiment: Management pointed to robust AI-networking demand, including data-center growth, as a major tailwind. Investors may see Cisco as benefiting from increased spending on the networking infrastructure needed for AI. Cisco Earnings, Revenue Top Estimates On AI Data Center Growth
• Neutral Sentiment: Despite the strong report and higher guidance, investors will be watching whether AI-related demand can translate into sustained growth and healthy margins, particularly after a rally that had raised expectations. Cisco rally faces a margin-and-valuation test

Cisco Systems Profile

Cisco Systems, Inc. develops networking, cybersecurity, collaboration and observability technologies for businesses, governments and other organizations. Its products include routers, switches, wireless systems and data center infrastructure, along with security software and services that help organizations connect and protect their networks. The company also provides collaboration tools through its Webex platform and observability capabilities through its software offerings, including technology from Splunk, which Cisco acquired in 2024.