50,457 Cisco Systems, Inc. $CSCO Shares Sold by Courier Capital LLC

Courier Capital LLC trimmed its holdings in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 41.3% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 71,830 shares of the network equipment provider’s stock after selling 50,457 shares during the period. Cisco Systems makes up 1.5% of Courier Capital LLC’s investment portfolio, making the stock its 18th largest holding. Courier Capital LLC’s holdings in Cisco Systems were worth $7,731,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. BlackRock Inc. purchased a new position in shares of Cisco Systems during the second quarter valued at approximately $42,129,647,000. State Street Corp grew its position in shares of Cisco Systems by 7.0% during the 2nd quarter. State Street Corp now owns 207,106,569 shares of the network equipment provider’s stock valued at $25,278,492,000 after acquiring an additional 13,512,872 shares during the period. Bank of America Corp DE purchased a new stake in Cisco Systems in the second quarter worth $5,892,379,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in Cisco Systems by 2.7% during the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 43,450,141 shares of the network equipment provider’s stock worth $5,103,654,000 after purchasing an additional 1,143,106 shares during the period. Finally, Bank of New York Mellon Corp purchased a new position in Cisco Systems in the 2nd quarter valued at approximately $4,714,574,000. 73.33% of the stock is owned by institutional investors.

Cisco Systems Trading Down 0.2%

Shares of NASDAQ CSCO traded down $0.27 during trading hours on Tuesday, hitting $115.07. The company’s stock had a trading volume of 12,319,273 shares, compared to its average volume of 22,350,076. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.79 and a current ratio of 0.93. The stock has a market cap of $453.67 billion, a price-to-earnings ratio of 34.45, a P/E/G ratio of 2.46 and a beta of 0.99. Cisco Systems, Inc. has a 12 month low of $66.81 and a 12 month high of $130.37. The business has a 50-day simple moving average of $112.17 and a 200-day simple moving average of $108.22.

Cisco Systems (NASDAQ:CSCO) last released its quarterly earnings results on Wednesday, August 12th. The network equipment provider reported $1.22 EPS for the quarter, beating analysts’ consensus estimates of $1.17 by $0.05. Cisco Systems had a return on equity of 30.16% and a net margin of 20.95%. The business had revenue of $17.25 billion during the quarter, compared to analyst estimates of $16.84 billion. During the same quarter in the prior year, the company posted $0.99 EPS. Cisco Systems’s quarterly 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. On average, analysts anticipate that Cisco Systems, Inc. will post 4.42 earnings per share for the current fiscal year.

Cisco Systems Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 21st. Investors of record on Friday, October 2nd will be issued 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 dividend payout ratio is currently 50.30%.

Insider Buying and Selling

In other Cisco Systems news, CEO Charles Robbins sold 21,628 shares of the company’s stock in a transaction on Friday, August 14th. The shares were sold at an average price of $111.54, for a total value of $2,412,387.12. Following the completion of the transaction, the chief executive officer directly owned 602,710 shares in the company, valued at approximately $67,226,273.40. This represents a 3.46% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Jeetendra I. Patel sold 7,170 shares of the firm’s stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $111.57, for a total transaction of $799,956.90. Following the completion of the sale, the insider directly owned 230,593 shares of the company’s stock, valued at approximately $25,727,261.01. This represents a 3.02% 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 have sold a total of 44,869 shares of company stock valued at $5,005,620 over the last three months. Insiders own 0.01% of the company’s stock.

Key Stories Impacting Cisco Systems

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

• Positive Sentiment: AI infrastructure partnership strengthens growth outlook: Cisco and NVIDIA are developing an open, ultra-dense pluggable-optics design supporting 400G-per-lane electrical signals and capacity of up to 12.8Tb/s. The technology is intended to help AI data centers connect more GPUs, increase bandwidth density and reduce networking’s share of power consumption. NVIDIA and Cisco Introduce New Pluggable Optics Form Factor to Scale AI Factories
• Positive Sentiment: Open infrastructure announcements support Cisco’s positioning: At the OCP Global Summit, Cisco introduced new silicon, systems and optical products designed to support large-scale, distributed AI factories while preserving open standards and customer choice. This could expand its opportunity in AI networking and data-center equipment. Cisco Advances Scalability and Openness at OCP 2026
• Positive Sentiment: Analysts point to durable demand drivers: Coverage emphasizes surging AI infrastructure orders, solid networking demand and security growth. Cisco’s prior quarter also showed revenue and earnings above consensus, supporting the case for continued growth. Should You Buy, Sell, or Hold Cisco Stock After a 68% Rise in a Year?
• Neutral Sentiment: Investor attention is elevated: Cisco is among the most-watched stocks on Zacks, though the trending-stock coverage does not provide a new fundamental catalyst. Cisco Systems Is a Trending Stock
• Negative Sentiment: Profit-taking and valuation concerns are weighing on sentiment: After a roughly 68% annual advance, investors may be resetting expectations and questioning whether AI-led growth is nearing a peak. Recent insider activity also shows reported sales without purchases, adding a modest cautionary signal. Why Cisco Systems Stock Is Down

Wall Street Analyst Weigh In

CSCO has been the topic of several recent analyst reports. KeyCorp increased their target price on shares of Cisco Systems from $130.00 to $135.00 and gave the stock an “overweight” rating in a research note on Thursday, August 13th. Deutsche Bank Aktiengesellschaft initiated coverage on shares of Cisco Systems in a research note on Tuesday, September 1st. They set a “buy” rating and a $135.00 price target on the stock. HSBC lowered Cisco Systems from a “buy” rating to a “hold” rating and lowered their target price for the company from $137.00 to $120.00 in a research note on Friday, August 14th. Barclays raised their price target on Cisco Systems from $121.00 to $123.00 and gave the stock an “equal weight” rating in a research report on Thursday, August 13th. Finally, UBS Group lifted their price target on Cisco Systems from $132.00 to $138.00 and gave the stock a “buy” rating in a research note on Thursday, August 13th. Three investment analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $128.52.

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.