Free Trial
Memorial Day Savings! Save $100 on MarketBeat All Access
Claim Your Discount
Claim MarketBeat All Access Sale Promotion

Cisco Systems (NASDAQ:CSCO) EVP Sells $316,438.21 in Stock

Cisco Systems logo with Computer and Technology background
Image from MarketBeat Media, LLC.

Key Points

  • Cisco EVP Oliver Tuszik sold 2,761 shares on May 15 at an average price of $114.61, for total proceeds of $316,438.21. After the sale, he still held 180,877 shares, and the transaction was made under a pre-arranged 10b5-1 trading plan.
  • Cisco reported a strong quarter, with EPS of $1.06 versus $1.03 expected and revenue of $15.84 billion versus $15.56 billion expected. The company also raised guidance for Q4 2026 and FY 2026.
  • Analyst sentiment has turned more bullish after earnings, with multiple firms lifting price targets, including HSBC to $137, Argus to $150, and UBS to $132. MarketBeat says the stock currently has a consensus rating of “Moderate Buy” with a $118.14 price target.
  • Interested in Cisco Systems? Here are five stocks we like better.

Cisco Systems, Inc. (NASDAQ:CSCO - Get Free Report) EVP Oliver Tuszik sold 2,761 shares of Cisco Systems stock in a transaction dated Friday, May 15th. The stock was sold at an average price of $114.61, for a total value of $316,438.21. Following the completion of the sale, the executive vice president directly owned 180,877 shares of the company's stock, valued at approximately $20,730,312.97. This trade represents a 1.50% decrease in their position. The sale was disclosed in a legal 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.

Oliver Tuszik also recently made the following trade(s):

  • On Wednesday, March 18th, Oliver Tuszik sold 3,132 shares of Cisco Systems stock. The shares were sold at an average price of $79.74, for a total value of $249,745.68.

Cisco Systems Stock Performance

Cisco Systems stock traded down $3.50 during midday trading on Tuesday, reaching $115.38. The stock had a trading volume of 32,496,064 shares, compared to its average volume of 23,426,717. Cisco Systems, Inc. has a 12 month low of $62.30 and a 12 month high of $119.39. The firm's 50-day moving average price is $86.18 and its 200 day moving average price is $80.33. The firm has a market capitalization of $455.74 billion, a PE ratio of 37.46, a P/E/G ratio of 3.61 and a beta of 0.92. 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 - Get Free Report) last announced its quarterly earnings data on Wednesday, May 13th. The network equipment provider reported $1.06 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $1.03 by $0.03. Cisco Systems had a return on equity of 28.44% and a net margin of 20.14%.The business had revenue of $15.84 billion for the quarter, compared to analysts' expectations of $15.56 billion. During the same period in the previous year, the business posted $0.96 EPS. The firm's quarterly revenue was up 12.0% compared to the same quarter last year. Cisco Systems has set its Q4 2026 guidance at 1.160-1.180 EPS and its FY 2026 guidance at 4.270-4.290 EPS. As a group, research analysts predict that Cisco Systems, Inc. will post 3.42 earnings per share for the current fiscal year.

Cisco Systems Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, July 22nd. Stockholders of record on Monday, July 6th will be issued a $0.42 dividend. This represents a $1.68 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date of this dividend is Monday, July 6th. Cisco Systems's dividend payout ratio (DPR) is presently 54.55%.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on CSCO. Piper Sandler increased their price objective on Cisco Systems from $86.00 to $132.00 and gave the stock a "neutral" rating in a report on Thursday, May 14th. DZ Bank raised Cisco Systems to a "strong-buy" rating in a report on Friday, February 13th. JPMorgan Chase & Co. increased their price target on shares of Cisco Systems from $95.00 to $96.00 in a report on Monday, May 11th. Citic Securities raised their price objective on shares of Cisco Systems from $90.00 to $130.00 in a research report on Friday. Finally, UBS Group upped their target price on shares of Cisco Systems from $95.00 to $132.00 and gave the stock a "buy" rating in a report on Thursday, May 14th. Two investment analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $118.14.

Get Our Latest Stock Report on CSCO

Key Stories Impacting Cisco Systems

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

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the company. Brighton Jones LLC grew its position in Cisco Systems by 49.5% in the fourth quarter. Brighton Jones LLC now owns 74,187 shares of the network equipment provider's stock worth $4,392,000 after acquiring an additional 24,562 shares in the last quarter. Revolve Wealth Partners LLC lifted its stake in Cisco Systems by 37.0% during the fourth quarter. Revolve Wealth Partners LLC now owns 9,156 shares of the network equipment provider's stock worth $542,000 after purchasing an additional 2,474 shares during the last quarter. Sivia Capital Partners LLC boosted its holdings in shares of Cisco Systems by 7.5% in the 2nd quarter. Sivia Capital Partners LLC now owns 10,178 shares of the network equipment provider's stock worth $706,000 after purchasing an additional 712 shares in the last quarter. Schnieders Capital Management LLC. boosted its holdings in shares of Cisco Systems by 3.9% in the 2nd quarter. Schnieders Capital Management LLC. now owns 13,974 shares of the network equipment provider's stock worth $969,000 after purchasing an additional 519 shares in the last quarter. Finally, Marshall Wace LLP increased its position in shares of Cisco Systems by 118.1% during the 2nd quarter. Marshall Wace LLP now owns 90,650 shares of the network equipment provider's stock valued at $6,289,000 after purchasing an additional 590,650 shares during the last quarter. Institutional investors own 73.33% of the company's stock.

Cisco Systems Company Profile

(Get Free Report)

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.

Read More

Insider Buying and Selling by Quarter for Cisco Systems (NASDAQ:CSCO)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in Cisco Systems Right Now?

Before you consider Cisco Systems, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Cisco Systems wasn't on the list.

While Cisco Systems currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Don't wait for the SpaceX IPO Cover

The space race is growing fast, and you don’t have to wait for SpaceX to go public to invest. This report shows seven space stocks you can buy today that may grow as rockets, satellites, defense, space internet, and new space technology become more important.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines