Advisors Management Group Inc. ADV Sells 13,809 Shares of Cisco Systems, Inc. $CSCO

Key Points

• Advisors Management Group cut its Cisco stake by 13.1% in the first quarter, selling 13,809 shares and leaving it with 91,540 shares worth about $7.1 million.
• Despite the sale, institutional ownership remains very high at 73.33%, and several large investors have recently added or significantly increased their Cisco positions.
• Analyst sentiment is bullish overall: Cisco has a Moderate Buy consensus rating with an average price target of $123.14, while the company also beat quarterly earnings and revenue estimates and raised its guidance.

Advisors Management Group Inc. ADV lessened its position in Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) by 13.1% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 91,540 shares of the network equipment provider's stock after selling 13,809 shares during the period. Cisco Systems accounts for about 1.3% of Advisors Management Group Inc. ADV's portfolio, making the stock its 20th biggest holding. Advisors Management Group Inc. ADV's holdings in Cisco Systems were worth $7,102,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of CSCO. Norges Bank bought a new position in Cisco Systems in the 4th quarter valued at approximately $4,473,272,000. Auto Owners Insurance Co grew its holdings in Cisco Systems by 8,718.3% during the 4th 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. Price T Rowe Associates Inc. MD increased its position in Cisco Systems by 103.2% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 29,289,151 shares of the network equipment provider's stock valued at $2,256,144,000 after acquiring an additional 14,874,407 shares during the period. Arrowstreet Capital Limited Partnership increased its position in Cisco Systems by 110.2% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 18,406,442 shares of the network equipment provider's stock valued at $1,259,369,000 after acquiring an additional 9,648,265 shares during the period. Finally, Franklin Resources Inc. raised its stake in shares of Cisco Systems by 18.0% during the fourth quarter. Franklin Resources Inc. now owns 50,320,905 shares of the network equipment provider's stock valued at $3,876,219,000 after acquiring an additional 7,679,422 shares during the last quarter. 73.33% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

CSCO has been the topic of several analyst reports. Truist Financial started coverage on shares of Cisco Systems in a research note on Tuesday, March 31st. They issued a "buy" rating and a $94.00 price objective on the stock. Barclays raised their target price on Cisco Systems from $76.00 to $121.00 and gave the stock an "equal weight" rating in a research report on Thursday, May 14th. BNP Paribas Exane upped their price target on Cisco Systems from $87.00 to $132.00 and gave the company an "outperform" rating in a research report on Thursday, May 14th. New Street Research increased their price target on Cisco Systems from $82.00 to $122.00 and gave the company a "neutral" rating in a research note on Thursday, May 14th. Finally, HSBC upgraded Cisco Systems from a "hold" rating to a "buy" rating and raised their price objective for the stock from $77.00 to $137.00 in a research report on Friday, May 15th. Three research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and six have issued a Hold rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $123.14.

Insider Activity at Cisco Systems

In related news, insider Jeetendra I. Patel sold 7,169 shares of the business's stock in a transaction on Friday, May 15th. The shares were sold at an average price of $117.28, for a total transaction of $840,780.32. Following the transaction, the insider owned 246,737 shares in the company, valued at $28,937,315.36. The trade was a 2.82% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Thimaya K. Subaiya sold 7,127 shares of Cisco Systems stock in a transaction on Tuesday, June 16th. The shares were sold at an average price of $119.91, for a total transaction of $854,598.57. Following the completion of the sale, the executive vice president directly owned 140,857 shares of the company's stock, valued at approximately $16,890,162.87. This trade represents a 4.82% 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 47,650 shares of company stock worth $5,668,823. Corporate insiders own 0.01% of the company's stock.

Cisco Systems News Summary

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

• Positive Sentiment: Cisco was highlighted as an AI infrastructure leader, with its networking, optics, Splunk, and hyperscaler exposure seen as key drivers of stronger long-term demand. Cisco, IBD Stock Of The Day, Went From Slow-Growth Tech Icon To AI Infrastructure Leader
• Positive Sentiment: Zacks included CSCO among cloud computing stocks positioned to benefit from AI-driven data-center growth in the second half of 2026, supporting the stock’s bull case. 5 Cloud Computing Stocks to Buy for 2H 2026 as Digital Demand Soars
• Positive Sentiment: Cisco landed a $230 million Army-related role, adding another sign of demand for its networking and security offerings. Cisco (CSCO) Lands $230 Million Army Role And Backs AP Cybersecurity Course
• Positive Sentiment: Cisco also partnered with the College Board to launch a new AP Cybersecurity course, which could help strengthen its long-term brand in cybersecurity education and talent development. Cisco (CSCO) Partners With College Board to Launch AP Cybersecurity Course
• Neutral Sentiment: A data-center infrastructure market report named Cisco among industry participants benefiting from AI adoption and cloud expansion, but this was more of an industry overview than a company-specific catalyst. Data Center Infrastructure Management (DCIM) Software Market Report Published; Profiles Schneider Electric, Vertiv, IBM, Cisco, HPE & 10 Others
• Neutral Sentiment: One note said short interest in Cisco increased in July, but the figures reported zero shares on both dates, so it does not appear to be a meaningful trading signal.

Cisco Systems Price Performance

CSCO stock opened at $121.31 on Friday. The company has a quick ratio of 0.81, a current ratio of 0.92 and a debt-to-equity ratio of 0.40. The firm has a market cap of $478.14 billion, a price-to-earnings ratio of 39.39, a PEG ratio of 3.01 and a beta of 1.02. The company's fifty day simple moving average is $115.32 and its 200 day simple moving average is $92.08. Cisco Systems, Inc. has a 12-month low of $65.75 and a 12-month high of $130.37.

Cisco Systems (NASDAQ:CSCO - Get Free Report) last issued its quarterly earnings results on Wednesday, May 13th. The network equipment provider reported $1.06 earnings per share for the quarter, topping 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 firm had revenue of $15.84 billion during the quarter, compared to the consensus estimate of $15.56 billion. During the same period last year, the business posted $0.96 EPS. The business's 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. On average, analysts expect that Cisco Systems, Inc. will post 3.54 earnings per share for the current year.

Cisco Systems Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 22nd. Stockholders of record on Monday, July 6th will be given a dividend of $0.42 per share. The ex-dividend date of this dividend is Monday, July 6th. This represents a $1.68 annualized dividend and a dividend yield of 1.4%. Cisco Systems's dividend payout ratio (DPR) is 54.55%.

Cisco Systems Company Profile

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.

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