Wedge Capital Management L L P NC Reduces Position in Cisco Systems, Inc. $CSCO

Wedge Capital Management L L P NC trimmed its holdings in Cisco Systems, Inc. (NASDAQ:CSCO) by 20.7% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 611,892 shares of the network equipment provider’s stock after selling 159,843 shares during the quarter. Cisco Systems comprises approximately 1.2% of Wedge Capital Management L L P NC’s portfolio, making the stock its 22nd largest holding. Wedge Capital Management L L P NC’s holdings in Cisco Systems were worth $71,873,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Insight Wealth Strategies LLC purchased a new stake in shares of Cisco Systems in the second quarter valued at about $306,000. Heck Capital Advisors LLC purchased a new position in Cisco Systems during the second quarter worth about $546,000. Tema ETFs LLC boosted its holdings in Cisco Systems by 10.7% in the 2nd quarter. Tema ETFs LLC now owns 85,868 shares of the network equipment provider’s stock valued at $10,086,000 after purchasing an additional 8,265 shares during the last quarter. GenWealth Group Inc. acquired a new position in Cisco Systems in the 2nd quarter valued at about $300,000. Finally, West Branch Capital LLC increased its holdings in shares of Cisco Systems by 0.4% during the 2nd quarter. West Branch Capital LLC now owns 54,275 shares of the network equipment provider’s stock worth $6,375,000 after buying an additional 193 shares during the last quarter. Institutional investors and hedge funds own 73.33% of the company’s stock.

Insider Buying and Selling at Cisco Systems

In related news, CEO Charles Robbins sold 21,400 shares of the business’s stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $120.03, for a total transaction of $2,568,642.00. Following the completion of the transaction, the chief executive officer directly owned 637,085 shares of the company’s stock, valued at $76,469,312.55. The trade was a 3.25% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Thimaya K. Subaiya sold 7,127 shares of the stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $119.91, for a total value of $854,598.57. Following the completion of the sale, the executive vice president directly owned 140,857 shares in the company, valued at $16,890,162.87. This represents a 4.82% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 47,650 shares of company stock valued at $5,668,823. Insiders own 0.01% of the company’s stock.

Key Cisco Systems News

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

• Positive Sentiment: Analysts expect strong fourth-quarter growth, with consensus estimates calling for approximately $1.17 in adjusted EPS and $16.85 billion in revenue. Investors are looking for evidence that AI infrastructure demand is translating into accelerating orders and sales. Cisco earnings preview
• Positive Sentiment: Cisco’s rollout of personalized AI agents across its roughly 90,000-person workforce, combined with infrastructure investment and specific AI-related revenue targets, reinforces the company’s strategy to monetize artificial intelligence beyond hardware sales. Cisco AI agents and revenue targets
• Positive Sentiment: Recent analyst coverage has highlighted Cisco’s networking momentum and raised the possibility of the shares challenging prior highs if earnings, guidance and AI infrastructure commentary exceed expectations. Cisco also received a 2026 Frost & Sullivan recognition for enterprise communications innovation, supporting its competitive-position narrative. Cisco stock poised for new highs

Cisco Systems Price Performance

Shares of CSCO opened at $120.46 on Wednesday. Cisco Systems, Inc. has a fifty-two week low of $65.75 and a fifty-two week high of $130.37. The firm’s 50 day moving average price is $117.61 and its 200 day moving average price is $98.38. The company has a market cap of $474.79 billion, a P/E ratio of 39.11, a PEG ratio of 2.76 and a beta of 1.02. The company has a quick ratio of 0.81, a current ratio of 0.92 and a debt-to-equity ratio of 0.40.

Cisco Systems (NASDAQ:CSCO) last released its earnings results on Wednesday, May 13th. The network equipment provider reported $1.06 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.03 by $0.03. Cisco Systems had a net margin of 20.14% and a return on equity of 28.44%. The company had revenue of $15.84 billion for the quarter, compared to analyst estimates of $15.56 billion. During the same period in the prior year, the business earned $0.96 EPS. The firm’s quarterly revenue was up 12.0% on a year-over-year basis. On average, research analysts forecast that Cisco Systems, Inc. will post 3.54 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

CSCO has been the topic of a number of research analyst reports. Argus lifted their target price on Cisco Systems from $100.00 to $150.00 and gave the company a “buy” rating in a research report on Tuesday, May 19th. Wall Street Zen cut Cisco Systems from a “buy” rating to a “hold” rating in a research note on Tuesday, July 28th. Wells Fargo & Company raised their price target on Cisco Systems from $95.00 to $130.00 and gave the stock an “overweight” rating in a research report on Thursday, May 14th. New Street Research lifted their price objective on Cisco Systems from $82.00 to $122.00 and gave the company a “neutral” rating in a research note on Thursday, May 14th. Finally, UBS Group boosted their price objective on Cisco Systems from $95.00 to $132.00 and gave the company a “buy” rating in a report on Thursday, May 14th. Two research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $123.14.

Cisco Systems Profile

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.