9,470 Cisco Systems, Inc. $CSCO Shares Sold by Triasima Portfolio Management inc.

Key Points

• Triasima Portfolio Management cut its Cisco position by 15.4%, selling 9,470 shares and retaining 51,919 shares valued at approximately $5.6 million. Institutional investors and hedge funds collectively own 73.33% of Cisco.
• Cisco reported strong quarterly results, with revenue rising 17.6% year over year to $17.25 billion and adjusted earnings of $1.22 per share, exceeding analyst expectations. The company also reaffirmed its growth outlook and pays a quarterly dividend of $0.42 per share.
• Analyst sentiment remains favorable but mixed: Cisco has a consensus “Moderate Buy” rating and an average price target of $128.52, while HSBC downgraded the stock to “Hold.” Shares recently traded near $109.85, with valuation concerns and profit-taking weighing on performance.

Triasima Portfolio Management inc. trimmed its position in Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) by 15.4% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 51,919 shares of the network equipment provider's stock after selling 9,470 shares during the period. Triasima Portfolio Management inc.'s holdings in Cisco Systems were worth $5,588,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of CSCO. Networth Advisors LLC raised its position in Cisco Systems by 276.4% during the 1st quarter. Networth Advisors LLC now owns 335 shares of the network equipment provider's stock worth $26,000 after buying an additional 246 shares during the last quarter. GK Wealth Management LLC purchased a new stake in shares of Cisco Systems in the third quarter valued at about $37,000. Manning & Napier Advisors LLC boosted its holdings in shares of Cisco Systems by 137.0% in the first quarter. Manning & Napier Advisors LLC now owns 346 shares of the network equipment provider's stock valued at $27,000 after acquiring an additional 200 shares in the last quarter. Financial Life Planners purchased a new stake in shares of Cisco Systems in the first quarter valued at about $27,000. Finally, Principia Wealth Advisory LLC increased its stake in shares of Cisco Systems by 43.7% during the second quarter. Principia Wealth Advisory LLC now owns 398 shares of the network equipment provider's stock worth $47,000 after acquiring an additional 121 shares during the period. 73.33% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Cisco Systems

In other Cisco Systems news, EVP Thimaya Subaiya sold 5,832 shares of the company's stock in a transaction dated Wednesday, August 19th. The shares were sold at an average price of $111.47, for a total transaction of $650,093.04. Following the transaction, the executive vice president directly owned 128,382 shares in the company, valued at approximately $14,310,741.54. This represents a 4.35% decrease in their ownership of the stock. The sale was disclosed in a 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, EVP Oliver Tuszik sold 2,760 shares of the stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $112.46, for a total transaction of $310,389.60. Following the completion of the transaction, the executive vice president directly owned 165,276 shares of the company's stock, valued at approximately $18,586,938.96. This trade represents a 1.64% 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. Insiders sold a total of 44,869 shares of company stock valued at $5,005,620 in the last ninety days. Company insiders own 0.01% of the company's stock.

Analysts Set New Price Targets

Several research analysts recently issued reports on CSCO shares. Weiss Ratings reissued a "buy (b)" rating on shares of Cisco Systems in a report on Wednesday, August 26th. HSBC downgraded shares of Cisco Systems from a "buy" rating to a "hold" rating and reduced their price objective for the company from $137.00 to $120.00 in a research report on Friday, August 14th. Deutsche Bank Aktiengesellschaft assumed coverage on Cisco Systems in a report on Tuesday, September 1st. They issued a "buy" rating and a $135.00 price objective on the stock. KeyCorp boosted their target price on Cisco Systems from $130.00 to $135.00 and gave the stock an "overweight" rating in a research report on Thursday, August 13th. Finally, Rosenblatt Securities increased their target price on Cisco Systems from $150.00 to $165.00 and gave the stock a "buy" rating in a research note on Thursday, August 13th. 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. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $128.52.

Key Cisco Systems News

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

• Positive Sentiment: Cisco reported 17.6% year-over-year sales growth for the quarter ended July 2026, its fastest quarterly growth in roughly a decade. The result reinforces the potential benefit from AI infrastructure spending, networking upgrades and cybersecurity demand. How Rare Is Cisco's Record Sales Growth?
• Positive Sentiment: An investment article identified Cisco as a potential value opportunity in an expensive broader market, which may support interest from investors seeking established businesses with durable cash flows and shareholder returns. Cisco Stock And 2 Value Plays For An Overvalued Market
• Positive Sentiment: Cisco was highlighted among companies that reward long-term investors through reliable dividends, supporting the stock’s appeal to income-oriented shareholders. Procter & Gamble Has Raised Its Dividend for 70 Years
• Neutral Sentiment: Cisco confirmed a multimillion-dollar donation to the planned White House ballroom. The contribution does not change operating fundamentals but could attract political or reputational scrutiny. Nvidia and Cisco confirm multimillion-dollar donations
• Neutral Sentiment: Fiscal-2026 net income rose 30% to $13.3 billion, but operating cash flow remained near $14.2 billion. Unrealized investment gains boosted earnings without producing operating cash, leaving investors focused on whether AI and cybersecurity growth can translate into sustained cash generation. Cisco Earnings Recovery and Cash Growth
• Negative Sentiment: Recent coverage attributed Cisco’s underperformance to valuation concerns and profit-taking. GuruFocus also characterized the shares as still overvalued, which may be limiting upside after the stock’s strong run toward its 52-week high. Cisco Shares Fall; GF Value Says Still Overvalued

Cisco Systems Trading Down 3.3%

NASDAQ:CSCO opened at $109.85 on Friday. Cisco Systems, Inc. has a 1 year low of $68.57 and a 1 year high of $130.37. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.79 and a current ratio of 0.93. The stock has a fifty day moving average price of $111.66 and a two-hundred day moving average price of $108.88. The stock has a market capitalization of $433.09 billion, a price-to-earnings ratio of 32.89, a PEG ratio of 2.37 and a beta of 0.99.

Cisco Systems (NASDAQ:CSCO - Get Free Report) last posted its quarterly earnings results 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. The business had revenue of $17.25 billion for the quarter, compared to analysts' expectations of $16.84 billion. Cisco Systems had a net margin of 20.95% and a return on equity of 30.16%. The business's revenue for the quarter was up 17.6% on a year-over-year basis. During the same period in the prior year, the company 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, sell-side analysts anticipate that Cisco Systems, Inc. will post 4.42 earnings per share for the current fiscal year.

Cisco Systems Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 21st. Investors of record on Friday, October 2nd will be issued a dividend of $0.42 per share. 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 payout ratio is currently 50.30%.

Cisco Systems 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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