Cisco Systems, Inc. $CSCO Shares Sold by Intact Investment Management Inc.

Key Points

• Intact Investment Management cut its stake in Cisco by 18.8% in Q4, selling 47,400 shares and leaving 205,000 shares worth $15.79M; insiders have also sold about 46,431 shares (~$3.57M) in the past 90 days while institutional investors own 73.33% of the stock.
• Cisco beat Q2 estimates (EPS $1.04 vs. $1.02; revenue $15.35B vs. $15.11B) and analysts point to AI/infra momentum and raised targets—consensus is a "Moderate Buy" with an average price target of $89.81 and several firms setting $100 targets.

Intact Investment Management Inc. cut its holdings in Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) by 18.8% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 205,000 shares of the network equipment provider's stock after selling 47,400 shares during the period. Intact Investment Management Inc.'s holdings in Cisco Systems were worth $15,791,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Marquette Asset Management LLC acquired a new position in Cisco Systems in the third quarter valued at approximately $25,000. Board of the Pension Protection Fund acquired a new position in Cisco Systems in the fourth quarter valued at approximately $31,000. EQ Wealth Advisors LLC acquired a new position in Cisco Systems in the fourth quarter valued at approximately $31,000. Cedar Mountain Advisors LLC lifted its holdings in Cisco Systems by 115.7% in the third quarter. Cedar Mountain Advisors LLC now owns 468 shares of the network equipment provider's stock valued at $32,000 after acquiring an additional 251 shares during the last quarter. Finally, Joseph Group Capital Management acquired a new position in Cisco Systems in the fourth quarter valued at approximately $38,000. 73.33% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on the company. HSBC upped their price objective on Cisco Systems from $74.00 to $77.00 and gave the company a "hold" rating in a report on Friday, February 13th. Evercore upgraded Cisco Systems from an "in-line" rating to an "outperform" rating and upped their price target for the stock from $80.00 to $100.00 in a research note on Monday, January 26th. Wall Street Zen cut Cisco Systems from a "buy" rating to a "hold" rating in a research note on Saturday, March 14th. Rosenblatt Securities restated a "buy" rating and set a $100.00 price target on shares of Cisco Systems in a research note on Thursday, February 12th. Finally, Erste Group Bank cut Cisco Systems from a "buy" rating to a "hold" rating in a research note on Wednesday, February 18th. Three equities research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat, Cisco Systems has a consensus rating of "Moderate Buy" and an average price target of $89.81.

Cisco Systems Price Performance

NASDAQ:CSCO opened at $91.85 on Monday. 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's fifty day moving average is $81.46 and its two-hundred day moving average is $78.07. Cisco Systems, Inc. has a 52 week low of $58.58 and a 52 week high of $92.92. The stock has a market capitalization of $362.80 billion, a price-to-earnings ratio of 32.23, a price-to-earnings-growth ratio of 3.46 and a beta of 0.92.

Cisco Systems (NASDAQ:CSCO - Get Free Report) last released its quarterly earnings results on Wednesday, February 11th. The network equipment provider reported $1.04 EPS for the quarter, topping analysts' consensus estimates of $1.02 by $0.02. The company had revenue of $15.35 billion for 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%.The firm's revenue was up 9.7% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.94 earnings per share. Research analysts anticipate that Cisco Systems, Inc. will post 3.4 EPS for the current year.

Cisco Systems Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 22nd. Stockholders of record on Thursday, April 2nd were paid a $0.42 dividend. The ex-dividend date was Thursday, April 2nd. This is an increase from Cisco Systems's previous quarterly dividend of $0.41. This represents a $1.68 annualized dividend and a dividend yield of 1.8%. Cisco Systems's payout ratio is 58.95%.

Insiders Place Their Bets

In other news, EVP Oliver Tuszik sold 3,132 shares of the stock in a transaction 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 directly owned 188,613 shares in the company, valued at approximately $15,040,000.62. This trade represents a 1.63% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Deborah L. Stahlkopf sold 7,981 shares of the stock in a transaction on Tuesday, March 17th. The shares were sold at an average price of $79.50, for a total value of $634,489.50. Following the completion of the sale, the executive vice president owned 187,097 shares in the company, valued at approximately $14,874,211.50. The trade was a 4.09% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 46,431 shares of company stock valued at $3,574,820. 0.01% of the stock is owned by company insiders.

Cisco Systems News Summary

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

• Positive Sentiment: Q2 results and AI/infra momentum — analysts note Cisco’s Q2 beat, raised outlook and AI-infrastructure product momentum as key drivers of the recent share rally and valuation re-rating. A Look At Cisco (CSCO) Valuation After Strong Q2 Results And AI Infrastructure Momentum
• Positive Sentiment: High odds of another earnings beat — a Zacks piece flags Cisco’s strong earnings-surprise history and the factors (revenue strength, margin leverage) that make another upside surprise likely, supporting near-term sentiment. Will Cisco (CSCO) Beat Estimates Again in Its Next Earnings Report?
• Positive Sentiment: Policy tailwind for quantum networking — a new U.S. quantum policy bill advancing toward commercialization could accelerate funding and deployment for quantum-related networking tech, an area where Cisco is referenced as a key player. This is a medium-term catalyst for products beyond core routing/switching. National Quantum Policy Bill Advances: IBM, IonQ, Cisco in Focus
• Positive Sentiment: Technical/market momentum — multiple market reports note Cisco hitting fresh peaks and outperforming the Nasdaq index recently, reflecting strong investor demand and positive flow into the name. Cisco Hits Fresh Peak Amid Nasdaq Composite Today Buzz
• Neutral Sentiment: CNBC mention on trader radar — Cisco was referenced on CNBC’s “Final Trades,” a short-term media mention that can attract attention but is not a fundamental catalyst by itself. Netflix, Cisco, Zoom and a health care stock on CNBC's 'Final Trades'
• Neutral Sentiment: Peer strength — Arista (a data-center networking peer) is gaining momentum ahead of its earnings, highlighting competitive dynamics in the data-center space; this is worth monitoring but hasn’t materially changed Cisco’s trajectory yet. This Nvidia Rival Gains Momentum Ahead Of Earnings Report
• Neutral Sentiment: Ongoing bullish write-ups — several bullish theses and valuation analyses (Substack/InsiderMonkey/Yahoo) are circulating, reinforcing investor interest but largely echoing the same drivers: AI demand, recurring revenue, and attractive cash returns. Is Cisco Systems, Inc. (CSCO) A Good Stock To Buy Now?

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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