22,461 Cisco Systems, Inc. $CSCO Shares Sold by Gradient Investments LLC

Key Points

• Gradient Investments reduced its Cisco stake by 12.2% in the third quarter, selling 22,461 shares and retaining 161,601 shares valued at approximately $17.4 million. Institutional investors collectively own 73.33% of CSCO.
• Cisco insiders sold 44,869 shares worth about $5.0 million over the past 90 days, including sales by executives Jeetendra Patel and Deborah Stahlkopf under pre-arranged Rule 10b5-1 plans.
• Cisco reported quarterly revenue and earnings above analyst expectations, with revenue up 17.6% year over year, and declared a $0.42 quarterly dividend. Analysts maintain a “Moderate Buy” consensus with an average price target of $128.52.

Gradient Investments LLC reduced its holdings in Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) by 12.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 161,601 shares of the network equipment provider's stock after selling 22,461 shares during the quarter. Gradient Investments LLC's holdings in Cisco Systems were worth $17,393,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of CSCO. Cozad Asset Management Inc. increased its stake in shares of Cisco Systems by 0.3% in the first quarter. Cozad Asset Management Inc. now owns 26,203 shares of the network equipment provider's stock valued at $2,033,000 after buying an additional 87 shares in the last quarter. Dogwood Wealth Management LLC lifted its position in Cisco Systems by 3.9% during the 2nd quarter. Dogwood Wealth Management LLC now owns 2,413 shares of the network equipment provider's stock worth $283,000 after buying an additional 90 shares in the last quarter. August Group Capital Ltd grew its holdings in Cisco Systems by 2.0% during the 2nd quarter. August Group Capital Ltd now owns 4,723 shares of the network equipment provider's stock worth $555,000 after acquiring an additional 91 shares during the last quarter. Financial Insights Inc. increased its position in Cisco Systems by 1.5% in the 1st quarter. Financial Insights Inc. now owns 6,220 shares of the network equipment provider's stock valued at $483,000 after acquiring an additional 92 shares in the last quarter. Finally, CPA Asset Management Group LLC increased its position in Cisco Systems by 1.8% in the 2nd quarter. CPA Asset Management Group LLC now owns 5,335 shares of the network equipment provider's stock valued at $627,000 after acquiring an additional 93 shares in the last quarter. 73.33% of the stock is currently owned by institutional investors.

Insider Activity

In related news, insider Jeetendra I. Patel sold 7,170 shares of the company's stock in a transaction on Friday, August 14th. The shares were 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 in the company, valued at $25,727,261.01. This represents a 3.02% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Deborah L. Stahlkopf sold 6,487 shares of the firm'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 sale, the executive vice president directly owned 167,116 shares in the company, valued at $18,638,447.48. The trade was a 3.74% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 44,869 shares of company stock valued at $5,005,620. 0.01% of the stock is currently owned by company insiders.

Cisco Systems Stock Down 2.1%

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

Cisco Systems (NASDAQ:CSCO - Get Free Report) last issued its earnings results on Wednesday, August 12th. The network equipment provider reported $1.22 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.17 by $0.05. The firm had revenue of $17.25 billion for the quarter, compared to analysts' expectations of $16.84 billion. Cisco Systems had a return on equity of 30.16% and a net margin of 20.95%.The company's revenue was up 17.6% compared to the same quarter last year. During the same quarter last year, the business earned $0.99 earnings per share. 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. Equities research analysts expect that Cisco Systems, Inc. will post 4.41 earnings per share for the current year.

Cisco Systems Announces Dividend

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

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on CSCO shares. Zacks Research upgraded shares of Cisco Systems from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, September 30th. Rosenblatt Securities raised their price target on shares of Cisco Systems from $150.00 to $165.00 and gave the company a "buy" rating in a report on Thursday, August 13th. Piper Sandler dropped their price objective on shares of Cisco Systems from $132.00 to $125.00 and set a "neutral" rating for the company in a research report on Tuesday, September 22nd. Freedom Capital raised Cisco Systems from a "hold" rating to a "strong-buy" rating in a report on Sunday, August 16th. Finally, Barclays increased 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. Three equities research analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat, Cisco Systems currently has a consensus rating of "Moderate Buy" and a consensus target price of $128.52.

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

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.

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