Cisco Systems, Inc. $CSCO Shares Sold by Comerica Bank

Key Points

• Comerica Bank trimmed its stake in Cisco by 4.9%, selling 80,278 shares and leaving it with 1,552,451 shares valued at about $106.2 million at quarter-end.
• Cisco posted a beat‑and‑raise quarter with record Q2 revenue and EPS, and hyperscale/cloud AI orders rose ~61% to $2.1 billion, prompting management to raise annual AI order expectations — a near‑term revenue catalyst.
• Insiders sold 75,799 shares over the quarter (including CEO Charles Robbins selling 19,545 shares for ~$1.49M), and the company also raised its quarterly dividend to $0.42 (annualized $1.68, ~2.1% yield).

Comerica Bank lowered its position in shares of Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) by 4.9% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,552,451 shares of the network equipment provider's stock after selling 80,278 shares during the quarter. Comerica Bank's holdings in Cisco Systems were worth $106,219,000 at the end of the most recent quarter.

A number of other large investors also recently bought and sold shares of the company. Bare Financial Services Inc lifted its position in shares of Cisco Systems by 531.0% in the 2nd quarter. Bare Financial Services Inc now owns 366 shares of the network equipment provider's stock worth $25,000 after buying an additional 308 shares during the last quarter. Marquette Asset Management LLC bought a new stake in shares of Cisco Systems during the 3rd quarter valued at about $25,000. Lowe Wealth Advisors LLC grew its position in shares of Cisco Systems by 96.2% during the 3rd quarter. Lowe Wealth Advisors LLC now owns 408 shares of the network equipment provider's stock valued at $28,000 after buying an additional 200 shares during the last quarter. Cedar Mountain Advisors LLC raised its stake in Cisco Systems by 115.7% during the third quarter. Cedar Mountain Advisors LLC now owns 468 shares of the network equipment provider's stock worth $32,000 after acquiring an additional 251 shares during the period. Finally, Kilter Group LLC acquired a new stake in Cisco Systems during the second quarter worth about $44,000. Institutional investors own 73.33% of the company's stock.

Insider Buying and Selling at Cisco Systems

In other news, CEO Charles Robbins sold 19,545 shares of the company's stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $76.00, for a total value of $1,485,420.00. Following the completion of the sale, the chief executive officer directly owned 671,095 shares of the company's stock, valued at approximately $51,003,220. This represents a 2.83% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Thimaya K. Subaiya sold 1,744 shares of the stock in a transaction that occurred on Thursday, March 12th. The shares were sold at an average price of $77.07, for a total transaction of $134,410.08. Following the completion of the transaction, the executive vice president owned 156,693 shares of the company's stock, valued at $12,076,329.51. This trade represents a 1.10% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 75,799 shares of company stock valued at $5,815,306. 0.01% of the stock is currently owned by insiders.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on CSCO. Zacks Research upgraded Cisco Systems from a "hold" rating to a "strong-buy" rating in a research report on Monday, January 26th. BNP Paribas Exane boosted their price objective on Cisco Systems from $86.00 to $87.00 and gave the company an "outperform" rating in a research report on Thursday, February 12th. Weiss Ratings restated a "buy (b)" rating on shares of Cisco Systems in a research note on Tuesday, January 27th. DZ Bank upgraded Cisco Systems to a "strong-buy" rating in a research note on Friday, February 13th. Finally, Argus raised shares of Cisco Systems to a "strong-buy" rating in a report on Friday, February 13th. Three analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat, Cisco Systems presently has an average rating of "Moderate Buy" and a consensus price target of $89.55.

Key Headlines Impacting Cisco Systems

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

• Positive Sentiment: Beat-and-raise quarter: Cisco reported record Q2 revenue and EPS, with hyperscale/cloud AI orders up ~61% to $2.1B and management raising annual AI order expectations — a clear near-term revenue catalyst and reason for investor optimism. Article Title
• Positive Sentiment: Analyst upgrades and higher targets: Multiple firms have raised ratings/targets (Evercore, Citi, Argus, etc.), which supports buying interest and helps lift the stock. Article Title
• Positive Sentiment: Product share gains: Dell’Oro reports Cisco edged out competitors for #1 indoor Wi‑Fi 7 revenue share in 2025 thanks to aggressive pricing — supports near-term hardware demand and competitive positioning. Article Title
• Neutral Sentiment: Dividend raise: Cisco bumped its quarterly dividend to $0.42 (annualized $1.68), a modest positive for income buyers but not a major growth signal. Article Title
• Neutral Sentiment: Valuation & pullback debate: Several pieces weigh whether the recent pullback makes CSCO reasonably priced — useful context for entries but mixed impact on immediate direction. Article Title
• Neutral Sentiment: Investor outreach: Management’s conference presentations (e.g., Morgan Stanley) reiterate networking and AI strengths — improves visibility but is informational rather than catalytic. Article Title
• Negative Sentiment: Margin pressure: Management warned of higher memory costs and a hardware-heavy mix that could compress gross margins despite revenue growth — a key risk to near-term EPS expansion. Article Title
• Negative Sentiment: Insider selling: Recent SEC filings show EVP Thimaya Subaiya sold 1,744 shares and SVP Maria Victoria Wong sold 551 shares last week; amounts are small vs. their holdings but can create short-term sentiment headwinds. Form 4 - Subaiya Form 4 - Wong

Cisco Systems Stock Performance

Shares of NASDAQ CSCO opened at $78.33 on Friday. Cisco Systems, Inc. has a 12-month low of $52.11 and a 12-month high of $88.18. The company has a market cap of $309.39 billion, a PE ratio of 27.48, a P/E/G ratio of 2.94 and a beta of 0.87. The stock has a 50 day simple moving average of $78.02 and a 200-day simple moving average of $74.45. The company has a current ratio of 0.96, a quick ratio of 0.85 and a debt-to-equity ratio of 0.45.

Cisco Systems (NASDAQ:CSCO - Get Free Report) last posted its earnings results on Wednesday, February 11th. The network equipment provider reported $1.04 EPS for the quarter, beating the consensus estimate of $1.02 by $0.02. Cisco Systems had a return on equity of 27.88% and a net margin of 19.22%.The firm had revenue of $15.35 billion for the quarter, compared to analysts' expectations of $15.11 billion. During the same period last year, the firm earned $0.94 EPS. The firm's revenue was up 9.7% compared to the same quarter last year. On average, equities research analysts forecast that Cisco Systems, Inc. will post 3.04 EPS for the current year.

Cisco Systems Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 22nd. Investors of record on Thursday, April 2nd will be paid a dividend of $0.42 per share. This is an increase from Cisco Systems's previous quarterly dividend of $0.41. This represents a $1.68 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date is Thursday, April 2nd. Cisco Systems's dividend payout ratio (DPR) is presently 57.54%.

About Cisco Systems

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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