Rep. Maria Elvira Salazar Sells Off Shares of Cisco Systems, Inc. (NASDAQ:CSCO)

Key Points

• Rep. Maria Elvira Salazar sold $1,001–$15,000 of Cisco shares from her UBS IRA account on September 8, according to a filing disclosed October 7. She also reported similarly sized sales of shares in 10 other companies, including Microsoft, Meta, Salesforce and Snowflake.
• Cisco reported quarterly revenue of $17.25 billion and earnings of $1.22 per share, beating analyst expectations, while revenue increased 17.6% year over year. The company also declared a quarterly dividend of $0.42 per share, equivalent to a 1.5% annualized yield.
• Analysts maintain a generally positive view, with a consensus “Moderate Buy” rating and an average price target of $128.52. Cisco’s AI product rollout and strong AI-infrastructure orders support the outlook, though valuation, execution risks and concerns about Webex AI-agent reliability remain potential headwinds.

Representative Maria Elvira Salazar (Republican-Florida) recently sold shares of Cisco Systems, Inc. NASDAQ: CSCO. In a filing disclosed on October 7th, the Representative disclosed that they had sold between $1,001 and $15,000 in Cisco Systems stock on September 8th. The trade occurred in the Representative's "UBS IRA ACCOUNT" account.

Representative Maria Elvira Salazar also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Citigroup NYSE: C on 9/24/2026.
• Sold $1,001 - $15,000 in shares of Chubb NYSE: CB on 9/24/2026.
• Sold $1,001 - $15,000 in shares of Microsoft NASDAQ: MSFT on 9/24/2026.
• Sold $1,001 - $15,000 in shares of GE Aerospace NYSE: GE on 9/24/2026.
• Sold $1,001 - $15,000 in shares of Honeywell International NASDAQ: HON on 9/24/2026.
• Sold $1,001 - $15,000 in shares of Snowflake NYSE: SNOW on 9/24/2026.
• Sold $1,001 - $15,000 in shares of FedEx NYSE: FDX on 9/24/2026.
• Sold $1,001 - $15,000 in shares of Salesforce NYSE: CRM on 9/24/2026.
• Sold $1,001 - $15,000 in shares of RH NYSE: RH on 9/24/2026.
• Sold $1,001 - $15,000 in shares of Meta Platforms NASDAQ: META on 9/24/2026.

Cisco Systems Price Performance

Shares of NASDAQ:CSCO opened at $114.89 on Friday. The firm has a market capitalization of $452.96 billion, a price-to-earnings ratio of 34.40, a price-to-earnings-growth ratio of 2.46 and a beta of 0.99. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.93 and a quick ratio of 0.79. The business's 50 day simple moving average is $112.13 and its 200-day simple moving average is $107.70. Cisco Systems, Inc. has a 12 month low of $66.81 and a 12 month high of $130.37.

Cisco Systems (NASDAQ:CSCO - Get Free Report) last released its quarterly earnings data on Wednesday, August 12th. The network equipment provider reported $1.22 earnings per share for the quarter, beating the consensus estimate of $1.17 by $0.05. The firm had revenue of $17.25 billion during the quarter, compared to the consensus estimate of $16.84 billion. Cisco Systems had a return on equity of 30.16% and a net margin of 20.95%.Cisco Systems's quarterly revenue was up 17.6% on a year-over-year basis. During the same period last year, the business posted $0.99 EPS. 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 forecast that Cisco Systems, Inc. will post 4.41 earnings per share for the current fiscal year.

Cisco Systems Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 21st. Shareholders of record on Friday, October 2nd will be issued a $0.42 dividend. The ex-dividend date of this dividend is Friday, October 2nd. This represents a $1.68 dividend on an annualized basis and a yield of 1.5%. Cisco Systems's dividend payout ratio (DPR) is 50.30%.

Institutional Trading of Cisco Systems

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in CSCO. BlackRock Inc. acquired a new position in shares of Cisco Systems in the second quarter valued at approximately $42,129,647,000. Auto Owners Insurance Co boosted its position in Cisco Systems by 8,718.3% during the fourth quarter. Auto Owners Insurance Co now owns 51,952,421 shares of the network equipment provider's stock worth $400,190,000 after acquiring an additional 51,363,281 shares during the last quarter. Bank of America Corp DE purchased a new stake in Cisco Systems in the 2nd quarter worth approximately $5,892,379,000. Bank of New York Mellon Corp purchased a new stake in Cisco Systems in the 2nd quarter worth approximately $4,714,574,000. Finally, Deutsche Bank AG acquired a new position in Cisco Systems in the 2nd quarter valued at $1,997,004,000. Hedge funds and other institutional investors own 73.33% of the company's stock.

More Cisco Systems News

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

• Positive Sentiment: Cisco unveiled agentic AI capabilities across Webex, workplace solutions and customer experience. The updates include AI agents that can analyze data, generate content and execute tasks using enterprise context, potentially creating new growth opportunities and strengthening Cisco’s competitive position in enterprise collaboration. Cisco Unveils New Agentic Collaboration Experiences
• Positive Sentiment: Additional product announcements included a Google Meet partnership for Cisco devices, a new customer-experience platform, RoomOS 27 and a FIPS-validated post-quantum security application. These offerings could support demand for Cisco’s collaboration, security and networking portfolio. Cisco unveils agentic AI tools across Webex, workplace and CX
• Positive Sentiment: Recent commentary highlighted Cisco’s fifth consecutive earnings beat and strong AI-infrastructure orders, suggesting that demand related to artificial intelligence could be moving the company into a faster-growth phase. Cisco’s latest reported quarter also included revenue growth and earnings above analyst expectations. Cisco Could Be Entering a New Growth Phase
• Neutral Sentiment: Investors remain divided over whether Cisco’s AI momentum is fully reflected in the stock. With shares near their 52-week high and trading at a relatively rich earnings multiple, further gains may depend on sustained order growth, margin performance and successful execution of the AI strategy. Cisco Systems Sees a More Significant Dip Than Broader Market
• Negative Sentiment: A report that Webex AI agents may continue working after calls end raised concerns about reliability, user control and enterprise deployment risk. Such issues could slow adoption of Cisco’s new AI features and weighed on sentiment despite the broader product rollout. Cisco Stocks Slip as Webex Agents Keep Working After Calls

Analyst Ratings Changes

CSCO has been the subject of several research reports. 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. Wells Fargo & Company increased their price objective on shares of Cisco Systems from $130.00 to $150.00 and gave the company an "overweight" rating in a research note on Thursday, August 13th. Barclays lifted their target price on shares of Cisco Systems from $121.00 to $123.00 and gave the stock an "equal weight" rating in a research report on Thursday, August 13th. KeyCorp upped their price target on shares of Cisco Systems from $130.00 to $135.00 and gave the company an "overweight" rating in a report on Thursday, August 13th. Finally, Deutsche Bank Aktiengesellschaft started coverage on shares of Cisco Systems in a research report on Tuesday, September 1st. They issued a "buy" rating and a $135.00 price target on the stock. Three equities research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and seven have assigned a Hold rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average target price of $128.52.

Insider Activity at Cisco Systems

In related news, EVP Deborah L. Stahlkopf sold 6,487 shares of the company's stock in a transaction on Friday, August 14th. The stock was sold at an average price of $111.53, for a total value of $723,495.11. Following the completion of the transaction, the executive vice president directly owned 167,116 shares in the company, valued at approximately $18,638,447.48. This represents a 3.74% decrease in their ownership of the stock. The transaction was disclosed in a document filed 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, CEO Charles Robbins sold 21,628 shares of the stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $111.54, for a total value of $2,412,387.12. Following the transaction, the chief executive officer owned 602,710 shares in the company, valued at $67,226,273.40. This trade represents a 3.46% 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 44,869 shares of company stock worth $5,005,620. Company insiders own 0.01% of the company's stock.

About Representative Salazar

Maria Elvira Salazar (Republican Party) is a member of the U.S. House, representing Florida's 27th Congressional District. She assumed office on January 3, 2021. Her current term ends on January 3, 2027. Salazar (Republican Party) ran for re-election to the U.S. House to represent Florida's 27th Congressional District. She won in the general election on November 5, 2024. Maria Elvira Salazar was born in Miami, Florida, and lives in Coral Gables, Florida. Salazar earned an undergraduate degree from the University of Miami in 1983 and a graduate degree from Harvard University in 1995. Her career experience includes working as a television journalist, reporter, and news anchor.

About Cisco Systems

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.

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