Rep. Maria Elvira Salazar Sells 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 24, alongside similarly sized sales of holdings including Microsoft, Salesforce, Meta, Snowflake and Citigroup.
• Cisco recently exceeded quarterly earnings and revenue expectations, reporting 17.6% year-over-year revenue growth and $1.22 in adjusted earnings per share. The company also declared a quarterly dividend of $0.42 per share, or a 1.5% annualized yield.
• Analysts remain generally positive, with Cisco carrying a “Moderate Buy” consensus rating and a $128.52 average price target, though concerns include its relatively high valuation, shares near their 52-week high and potential reliability risks surrounding new Webex AI agents.

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 24th. 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 Stock Down 2.1%

Shares of Cisco Systems stock opened at $114.89 on Friday. Cisco Systems, Inc. has a 1 year low of $66.81 and a 1 year high of $130.37. The firm has a market cap of $452.96 billion, a price-to-earnings ratio of 34.40, a PEG ratio of 2.46 and a beta of 0.99. The company has a 50-day moving average of $112.13 and a 200 day moving average of $107.70. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.93 and a quick ratio of 0.79.

Cisco Systems (NASDAQ:CSCO - Get Free Report) last announced its quarterly earnings data on Wednesday, August 12th. The network equipment provider reported $1.22 earnings per share for the quarter, topping analysts' consensus estimates of $1.17 by $0.05. Cisco Systems had a net margin of 20.95% and a return on equity of 30.16%. The business had revenue of $17.25 billion for the quarter, compared to analysts' expectations of $16.84 billion. During the same quarter in the prior year, the company earned $0.99 earnings per share. The business'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, sell-side analysts anticipate that Cisco Systems, Inc. will post 4.41 earnings per share for the current fiscal year.

Cisco Systems Announces Dividend

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

Insiders Place Their Bets

In related news, EVP Oliver Tuszik sold 2,760 shares of the stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $112.46, for a total value of $310,389.60. Following the completion of the sale, the executive vice president directly owned 165,276 shares of the company's stock, valued at approximately $18,586,938.96. This represents a 1.64% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 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 that occurred on Friday, August 14th. The stock was sold at an average price of $111.57, for a total transaction of $799,956.90. Following the sale, the insider owned 230,593 shares in the company, valued at approximately $25,727,261.01. The trade was a 3.02% 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 sold 44,869 shares of company stock valued at $5,005,620. 0.01% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Cisco Systems

Hedge funds and other institutional investors have recently modified their holdings of the company. Networth Advisors LLC boosted its position in Cisco Systems by 276.4% in the first quarter. Networth Advisors LLC now owns 335 shares of the network equipment provider's stock worth $26,000 after purchasing an additional 246 shares during the last quarter. Manning & Napier Advisors LLC increased its position in shares of Cisco Systems by 137.0% during the 1st quarter. Manning & Napier Advisors LLC now owns 346 shares of the network equipment provider's stock valued at $27,000 after purchasing an additional 200 shares during the last quarter. Financial Life Planners bought a new position in shares of Cisco Systems in the 1st quarter worth approximately $27,000. Principia Wealth Advisory LLC lifted its stake in shares of Cisco Systems by 43.7% in the 2nd quarter. Principia Wealth Advisory LLC now owns 398 shares of the network equipment provider's stock worth $47,000 after purchasing an additional 121 shares during the period. Finally, Osbon Capital Management LLC purchased a new stake in Cisco Systems during the fourth quarter valued at approximately $32,000. 73.33% of the stock is owned by institutional investors.

Trending Headlines about Cisco Systems

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

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on CSCO. Sanford C. Bernstein began coverage on Cisco Systems in a research note on Wednesday, September 30th. They set a "market perform" rating and a $110.00 price objective for the company. Truist Financial raised their price objective on shares of Cisco Systems from $125.00 to $140.00 and gave the company a "buy" rating in a research note on Thursday, August 13th. UBS Group upped their target price on shares of Cisco Systems from $132.00 to $138.00 and gave the stock a "buy" rating in a research note on Thursday, August 13th. Wall Street Zen downgraded shares of Cisco Systems from a "buy" rating to a "hold" rating in a research report on Saturday, October 3rd. Finally, Morgan Stanley boosted their price objective on shares of Cisco Systems from $130.00 to $135.00 and gave the stock an "overweight" rating in a report on Thursday, August 13th. Three analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat.com, Cisco Systems currently has an average rating of "Moderate Buy" and a consensus price target of $128.52.

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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