Cisco Systems, Inc. $CSCO Shares Sold by Arizona State Retirement System

Arizona State Retirement System lessened its holdings in Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) by 2.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 1,129,159 shares of the network equipment provider's stock after selling 32,639 shares during the quarter. Cisco Systems accounts for approximately 0.5% of Arizona State Retirement System's holdings, making the stock its 29th largest holding. Arizona State Retirement System's holdings in Cisco Systems were worth $86,979,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the business. Gold Investment Management Ltd. increased its holdings in shares of Cisco Systems by 0.6% during the fourth quarter. Gold Investment Management Ltd. now owns 43,078 shares of the network equipment provider's stock valued at $3,318,000 after acquiring an additional 273 shares in the last quarter. Mowery & Schoenfeld Wealth Management LLC boosted its stake in Cisco Systems by 30.2% in the 4th quarter. Mowery & Schoenfeld Wealth Management LLC now owns 2,662 shares of the network equipment provider's stock worth $205,000 after purchasing an additional 617 shares in the last quarter. Cape ANN Savings Bank boosted its stake in Cisco Systems by 7.6% in the 4th quarter. Cape ANN Savings Bank now owns 4,383 shares of the network equipment provider's stock worth $338,000 after purchasing an additional 308 shares in the last quarter. Diversified Enterprises LLC grew its position in Cisco Systems by 87.0% during the 4th quarter. Diversified Enterprises LLC now owns 25,063 shares of the network equipment provider's stock worth $1,931,000 after purchasing an additional 11,657 shares during the last quarter. Finally, WPG Advisers LLC increased its stake in Cisco Systems by 26.1% during the 4th quarter. WPG Advisers LLC now owns 4,495 shares of the network equipment provider's stock valued at $346,000 after purchasing an additional 931 shares in the last quarter. Hedge funds and other institutional investors own 73.33% of the company's stock.

Insider Buying and Selling

In other news, EVP Oliver Tuszik sold 3,132 shares of the stock in a transaction that occurred on Wednesday, March 18th. The stock was sold at an average price of $79.74, for a total transaction of $249,745.68. Following the transaction, the executive vice president owned 188,613 shares in the company, valued at $15,040,000.62. This trade represents a 1.63% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Charles Robbins sold 19,545 shares of the company's stock in a transaction on Friday, February 13th. The stock was sold at an average price of $76.00, for a total transaction of $1,485,420.00. Following the transaction, the chief executive officer owned 671,095 shares of the company's stock, valued at $51,003,220. This represents a 2.83% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 46,431 shares of company stock worth $3,574,820 in the last ninety days. 0.01% of the stock is owned by corporate insiders.

Trending Headlines about Cisco Systems

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

• Positive Sentiment: Surging AI orders from hyperscalers — Cisco is seeing accelerating AI order momentum, targeting over $5B in fiscal‑2026 AI deals which supports revenue growth expectations and long‑term upside. Cisco Cashes in on AI Order Momentum: More Upside Ahead in 2026?
• Positive Sentiment: Quantum networking prototype — Cisco unveiled a working Universal Quantum Switch (research prototype) that preserves quantum information with minimal degradation, signaling long‑term leadership and R&D differentiation in a nascent growth area. Cisco Introduces Universal Quantum Switch, Advancing the Path to a Quantum Network
• Positive Sentiment: Expanded partner channel — Qmulos products are now on Cisco’s Global Price List, simplifying procurement for customers and potentially smoothing sales motions for compliance/security offerings. Qmulos Now Available on Cisco Global Price List (GPL), Accelerating Continuous Compliance Solutions for Joint Customers
• Positive Sentiment: Analyst optimism and price targets — Several writeups point to a clear path for additional upside off recent gains (one model targets ~$98.76), which can support buyer interest if fundamentals continue to surprise on the upside. Why Cisco’s AI and Networking Tailwinds Point to $98.76 in 12 Months
• Neutral Sentiment: Corporate purpose update — Cisco published its FY25 Purpose Report emphasizing security, privacy and trust in AI; important for reputation and enterprise positioning but not an immediate earnings driver. Prioritizing Security, Privacy, and Trust in the AI Era | Cisco FY25 Purpose Report
• Neutral Sentiment: Mixed analyst views — Coverage highlights shifting narratives: strong AI tailwinds but tougher comps/valuation debates; this creates divergent short‑term views among investors. How Cisco Systems (CSCO) Story Is Shifting With Mixed Analyst Views And New AI Moves
• Negative Sentiment: Intraday weakness flagged — Coverage noted Cisco registered a bigger fall than the market in the latest session (lower volume vs. average), reflecting profit‑taking after the rally. Cisco Systems (CSCO) Registers a Bigger Fall Than the Market: Important Facts to Note
• Negative Sentiment: Valuation and skepticism — Some commentary highlights premium valuation and skeptical analyst takes, which can cap near‑term gains if growth expectations slip. 3 Unpopular Stocks We’re Skeptical Of
• Negative Sentiment: Sector security headlines — Unauthorized access incidents at other AI vendors (Anthropic) raise broader security concerns that can increase customer diligence cycles across AI/networking buys. Unauthorized Users Access Anthropic's Mythos AI During Limited Testing Rollout

Cisco Systems Stock Performance

Shares of CSCO stock opened at $88.59 on Friday. Cisco Systems, Inc. has a 52-week low of $55.16 and a 52-week high of $90.45. The company has a quick ratio of 0.85, a current ratio of 0.96 and a debt-to-equity ratio of 0.45. The stock has a market cap of $349.92 billion, a PE ratio of 31.08, a price-to-earnings-growth ratio of 3.38 and a beta of 0.83. The business has a 50-day simple moving average of $80.30 and a 200-day simple moving average of $77.24.

Cisco Systems (NASDAQ:CSCO - Get Free Report) last announced its quarterly earnings results on Wednesday, February 11th. The network equipment provider reported $1.04 earnings per share for the quarter, beating the consensus estimate of $1.02 by $0.02. The company had revenue of $15.35 billion during the quarter, compared to analysts' expectations of $15.11 billion. Cisco Systems had a return on equity of 27.88% and a net margin of 19.22%.Cisco Systems's quarterly revenue was up 9.7% on a year-over-year basis. During the same period last year, the business earned $0.94 earnings per share. On average, equities analysts expect that Cisco Systems, Inc. will post 3.4 EPS for the current year.

Cisco Systems Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, April 22nd. Investors of record on Thursday, April 2nd were paid a $0.42 dividend. The ex-dividend date was Thursday, April 2nd. This represents a $1.68 annualized dividend and a dividend yield of 1.9%. This is a boost from Cisco Systems's previous quarterly dividend of $0.41. Cisco Systems's dividend payout ratio (DPR) is presently 58.95%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on the stock. CICC Research boosted their price objective on shares of Cisco Systems from $84.00 to $96.00 and gave the company an "outperform" rating in a report on Friday, February 13th. HSBC raised their target price on Cisco Systems from $74.00 to $77.00 and gave the stock a "hold" rating in a research note on Friday, February 13th. Argus upgraded Cisco Systems to a "strong-buy" rating in a research note on Friday, February 13th. Truist Financial initiated coverage on Cisco Systems in a report on Tuesday, March 31st. They issued a "buy" rating and a $94.00 price objective on the stock. Finally, Rosenblatt Securities restated a "buy" rating and issued a $100.00 price objective on shares of Cisco Systems in a research note on Thursday, February 12th. Three research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and eight have given a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $89.81.

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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