Cisco Systems, Inc. $CSCO Shares Sold by Integrity Alliance LLC.

Integrity Alliance LLC. lowered its stake in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 15.5% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 57,374 shares of the network equipment provider’s stock after selling 10,553 shares during the quarter. Integrity Alliance LLC.’s holdings in Cisco Systems were worth $6,175,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of CSCO. Integrity Advisory Solutions LLC raised its stake in shares of Cisco Systems by 35.3% in the third quarter. Integrity Advisory Solutions LLC now owns 9,695 shares of the network equipment provider’s stock valued at $1,044,000 after acquiring an additional 2,528 shares during the last quarter. Reston Wealth Management LLC boosted its holdings in shares of Cisco Systems by 10.4% in the 3rd quarter. Reston Wealth Management LLC now owns 4,250 shares of the network equipment provider’s stock worth $457,000 after acquiring an additional 400 shares in the last quarter. Mountain Pacific Investment Advisers LLC grew its position in Cisco Systems by 8.3% during the 3rd quarter. Mountain Pacific Investment Advisers LLC now owns 5,879 shares of the network equipment provider’s stock worth $633,000 after acquiring an additional 450 shares during the last quarter. Gallacher Capital Management LLC bought a new stake in Cisco Systems during the 3rd quarter worth approximately $879,000. Finally, First Nebraska Trust Co acquired a new stake in Cisco Systems during the 3rd quarter valued at $19,617,000. Institutional investors own 73.33% of the company’s stock.

Insider Transactions at Cisco Systems

In other news, insider Jeetendra Patel sold 7,170 shares of the stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $111.57, for a total value of $799,956.90. Following the completion of the sale, the insider owned 230,593 shares of the company’s stock, valued at approximately $25,727,261.01. This represents a 3.02% decrease in their position. 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 Deborah Stahlkopf sold 6,487 shares of Cisco Systems stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $111.53, for a total transaction of $723,495.11. Following the completion of the transaction, the executive vice president directly owned 167,116 shares of the company’s stock, valued at approximately $18,638,447.48. This trade represents a 3.74% decrease in their position. 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 90 days, insiders sold 44,869 shares of company stock valued at $5,005,620. 0.01% of the stock is owned by insiders.

Cisco Systems Stock Up 1.3%

NASDAQ:CSCO opened at $102.97 on Wednesday. Cisco Systems, Inc. has a 1 year low of $70.54 and a 1 year high of $130.37. The company has a current ratio of 0.93, a quick ratio of 0.79 and a debt-to-equity ratio of 0.39. The stock has a market cap of $405.97 billion, a price-to-earnings ratio of 30.83, a PEG ratio of 2.12 and a beta of 1.01. The stock has a 50-day moving average price of $109.67 and a two-hundred day moving average price of $101.28.

Cisco Systems (NASDAQ:CSCO) last issued its quarterly earnings data on Wednesday, August 12th. The network equipment provider reported $1.22 earnings per share (EPS) for the quarter, topping 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 company had revenue of $17.25 billion during the quarter, compared to the consensus estimate of $16.84 billion. During the same quarter in the prior year, the firm earned $0.99 earnings per share. The firm’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. As a group, equities analysts expect that Cisco Systems, Inc. will post 4.42 earnings per share for the current year.

Cisco Systems Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, October 21st. Investors of record on Friday, October 2nd were given a dividend of $0.42 per share. The ex-dividend date of this dividend was Friday, October 2nd. This represents a $1.68 annualized dividend and a yield of 1.6%. Cisco Systems’s dividend payout ratio is 50.30%.

Wall Street Analysts Forecast Growth

CSCO has been the subject of several research analyst reports. Barclays lifted their price objective on Cisco Systems from $121.00 to $123.00 and gave the company an “equal weight” rating in a research report on Thursday, August 13th. Truist Financial increased their target price on Cisco Systems from $125.00 to $140.00 and gave the stock a “buy” rating in a report on Thursday, August 13th. Morgan Stanley raised their target price on Cisco Systems from $130.00 to $135.00 and gave the company an “overweight” rating in a research note on Thursday, August 13th. HSBC cut Cisco Systems from a “buy” rating to a “hold” rating and cut their price target for the company from $137.00 to $120.00 in a report on Friday, August 14th. Finally, Freedom Capital upgraded shares of Cisco Systems from a “hold” rating to a “strong-buy” rating in a research report on Sunday, August 16th. Three investment analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat.com, Cisco Systems has an average rating of “Moderate Buy” and an average price target of $128.52.

About Cisco Systems

Cisco Systems, Inc is a global technology company that develops networking, cybersecurity, collaboration and observability solutions for businesses, government organizations and service providers. Its offerings include routers, switches, wireless networking equipment, data-center infrastructure, security software and services, as well as technologies that support cloud and hybrid IT environments.

The company also provides collaboration tools through its Webex portfolio, cloud-managed networking through Cisco Meraki and security and observability capabilities that include technologies from Splunk, which Cisco acquired in 2024.