Cisco Systems, Inc. $CSCO Shares Acquired by ProShare Advisors LLC

Key Points

• ProShare Advisors LLC increased its Cisco stake by 35.8% in the fourth quarter, buying more than 1.9 million shares and bringing its holding to 7.24 million shares worth about $558 million.
• Cisco posted strong quarterly results, with revenue of $15.84 billion and EPS of $1.06, both beating estimates, while management also raised guidance for the next quarter and fiscal 2026.
• Analysts and investors remain constructive on Cisco despite some concerns about restructuring and margins, with several firms raising price targets and the stock trading near its 12-month high.

ProShare Advisors LLC grew its stake in Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) by 35.8% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 7,243,288 shares of the network equipment provider's stock after buying an additional 1,910,222 shares during the quarter. Cisco Systems accounts for about 1.0% of ProShare Advisors LLC's portfolio, making the stock its 15th largest holding. ProShare Advisors LLC owned about 0.18% of Cisco Systems worth $557,950,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also modified their holdings of the stock. Summit Wealth Group LLC lifted its holdings in shares of Cisco Systems by 21.2% in the 4th quarter. Summit Wealth Group LLC now owns 4,970 shares of the network equipment provider's stock valued at $383,000 after buying an additional 868 shares during the period. Envestnet Portfolio Solutions Inc. lifted its holdings in shares of Cisco Systems by 2.1% in the 4th quarter. Envestnet Portfolio Solutions Inc. now owns 426,817 shares of the network equipment provider's stock valued at $32,878,000 after buying an additional 8,586 shares during the period. Gambit Capital Management LLC acquired a new position in shares of Cisco Systems in the 4th quarter valued at about $200,000. Tanglewood Legacy Advisors LLC lifted its holdings in shares of Cisco Systems by 55.0% in the 4th quarter. Tanglewood Legacy Advisors LLC now owns 783 shares of the network equipment provider's stock valued at $60,000 after buying an additional 278 shares during the period. Finally, Stronghold Wealth Management L.L.C. acquired a new position in shares of Cisco Systems in the 4th quarter valued at about $381,000. Institutional investors and hedge funds own 73.33% of the company's stock.

Insider Transactions at Cisco Systems

In other Cisco Systems news, EVP Thimaya K. Subaiya sold 1,744 shares of the business's stock in a transaction that occurred on Thursday, March 12th. The stock was sold at an average price of $77.07, for a total transaction of $134,410.08. Following the completion of the sale, the executive vice president directly owned 156,693 shares in the company, valued at approximately $12,076,329.51. The trade was a 1.10% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, EVP Oliver Tuszik sold 3,132 shares of the business's stock in a transaction that occurred on Wednesday, March 18th. The stock was sold at an average price of $79.74, for a total value of $249,745.68. Following the sale, the executive vice president owned 188,613 shares of the company's stock, valued at approximately $15,040,000.62. This trade represents a 1.63% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 15,587 shares of company stock valued at $1,230,765 in the last 90 days. Corporate insiders own 0.01% of the company's stock.

Key Headlines Impacting Cisco Systems

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

• Positive Sentiment: Cisco reported Q1 revenue of $15.84 billion, up 12% year over year, with EPS of $1.06 beating estimates; management also issued stronger-than-expected next-quarter guidance, reinforcing confidence in growth momentum. Why Cisco (CSCO) Stock Is Up Today
• Positive Sentiment: Analysts are becoming more constructive on Cisco’s AI networking opportunity, with coverage highlighting hyperscaler demand, networking modernization, and Cisco’s role as a key AI infrastructure provider. CSCO Q1 Deep Dive: AI Demand and Networking Modernization Drive Double-Digit Growth
• Positive Sentiment: CICC Research raised its price target on Cisco to $125 from $96 and kept an outperform rating, signaling more upside after the post-earnings rally. MarketScreener
• Positive Sentiment: Commentary from investors and media emphasized that Cisco’s recent run may be justified by improving sales and earnings trends, especially as AI reshapes the networking market. Jim Cramer Says “This Time, Cisco Deserved the Run”
• Neutral Sentiment: Cisco presented at the J.P. Morgan Global Technology, Media and Communications Conference, keeping investor focus on management’s execution and outlook after earnings. Cisco Systems, Inc. (CSCO) Presents at J.P. Morgan 54th Annual Global Technology, Media and Communications Conference Transcript
• Neutral Sentiment: Some coverage noted that Cisco’s free cash flow and margins were lower than last year, which could temper enthusiasm if investors focus more on profitability quality than top-line growth. Cisco Systems Reported Lower FCF and Margins - Has CSCO Stock Peaked?
• Negative Sentiment: Cisco is also undergoing a major restructuring with nearly 4,000 job cuts, which may raise concerns about disruption even though management says the move is about reallocating resources toward AI, security, silicon, and optics. Cisco Lays Off 4,000 Employees In AI Overhaul, CFO Mark Patterson Says Move Not 'Savings' Driven But About 'Realigning' Resources

Cisco Systems Stock Performance

Shares of CSCO stock opened at $118.88 on Tuesday. The company has a market capitalization of $469.56 billion, a P/E ratio of 38.60, a P/E/G ratio of 3.61 and a beta of 0.92. The business's 50 day moving average is $86.18 and its two-hundred day moving average is $80.33. The company has a current ratio of 0.92, a quick ratio of 0.81 and a debt-to-equity ratio of 0.40. Cisco Systems, Inc. has a 12-month low of $62.30 and a 12-month high of $119.39.

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 (EPS) for the quarter, topping analysts' consensus estimates of $1.03 by $0.03. The company had revenue of $15.84 billion for the quarter, compared to the consensus estimate of $15.56 billion. Cisco Systems had a return on equity of 28.44% and a net margin of 20.14%.Cisco Systems's revenue for the quarter was up 12.0% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.96 earnings per share. 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. Analysts expect that Cisco Systems, Inc. will post 3.42 EPS for the current fiscal year.

Cisco Systems Announces Dividend

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

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the company. HSBC raised Cisco Systems from a "hold" rating to a "buy" rating and boosted their price objective for the company from $77.00 to $137.00 in a report on Friday. Citigroup boosted their price objective on Cisco Systems from $90.00 to $112.00 and gave the company a "buy" rating in a report on Thursday, May 14th. Rosenblatt Securities reaffirmed a "buy" rating and issued a $100.00 price target on shares of Cisco Systems in a report on Thursday, February 12th. Weiss Ratings downgraded Cisco Systems from a "buy (b)" rating to a "buy (b-)" rating in a research report on Friday. Finally, Morgan Stanley increased their price target on Cisco Systems from $91.00 to $120.00 and gave the stock an "overweight" rating in a research report on Thursday, May 14th. Three research analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat, Cisco Systems currently has an average rating of "Moderate Buy" and an average price target of $115.86.

Cisco Systems 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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