Cisco Systems, Inc. $CSCO Shares Sold by KMG Fiduciary Partners LLC

Key Points

• KMG Fiduciary Partners cut its Cisco stake by 12% in the third quarter, selling 10,586 shares and retaining 77,267 shares valued at $8.3 million. Institutional investors and hedge funds collectively own 73.33% of Cisco.
• Cisco insiders have continued selling shares, with executives disposing of 44,869 shares worth approximately $5.0 million over the past 90 days, while insiders own just 0.01% of the company.
• Wall Street maintains a “Moderate Buy” consensus with a $128.52 average price target. Cisco recently exceeded quarterly earnings and revenue estimates, reported 17.6% year-over-year revenue growth, and declared a quarterly dividend of $0.42 per share.

KMG Fiduciary Partners LLC cut its stake in Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) by 12.0% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 77,267 shares of the network equipment provider's stock after selling 10,586 shares during the period. KMG Fiduciary Partners LLC's holdings in Cisco Systems were worth $8,316,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Cozad Asset Management Inc. grew its holdings in Cisco Systems by 0.3% during the 1st quarter. Cozad Asset Management Inc. now owns 26,203 shares of the network equipment provider's stock worth $2,033,000 after acquiring an additional 87 shares in the last quarter. Dogwood Wealth Management LLC raised its stake in shares of Cisco Systems by 3.9% in the 2nd quarter. Dogwood Wealth Management LLC now owns 2,413 shares of the network equipment provider's stock valued at $283,000 after purchasing an additional 90 shares in the last quarter. Green Ridge Wealth Planning LLC raised its stake in shares of Cisco Systems by 1.5% in the 3rd quarter. Green Ridge Wealth Planning LLC now owns 6,017 shares of the network equipment provider's stock valued at $648,000 after purchasing an additional 90 shares in the last quarter. August Group Capital Ltd lifted its position in shares of Cisco Systems by 2.0% during the second quarter. August Group Capital Ltd now owns 4,723 shares of the network equipment provider's stock worth $555,000 after purchasing an additional 91 shares during the last quarter. Finally, Financial Insights Inc. lifted its position in shares of Cisco Systems by 1.5% during the first quarter. Financial Insights Inc. now owns 6,220 shares of the network equipment provider's stock worth $483,000 after purchasing an additional 92 shares during the last quarter. 73.33% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Cisco Systems

In other news, CEO Charles Robbins sold 21,628 shares of Cisco Systems stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $111.54, for a total transaction of $2,412,387.12. Following the sale, the chief executive officer owned 602,710 shares of the company's stock, valued at approximately $67,226,273.40. The trade was a 3.46% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Deborah Stahlkopf sold 6,487 shares of the business's stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $111.53, for a total value of $723,495.11. Following the transaction, the executive vice president owned 167,116 shares of the company's stock, valued at approximately $18,638,447.48. This represents a 3.74% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 44,869 shares of company stock valued at $5,005,620. Company insiders own 0.01% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on CSCO. Weiss Ratings reiterated a "buy (b)" rating on shares of Cisco Systems in a research note on Wednesday, August 26th. Rosenblatt Securities upped their price objective on Cisco Systems from $150.00 to $165.00 and gave the company a "buy" rating in a research note on Thursday, August 13th. Sanford C. Bernstein initiated coverage on Cisco Systems in a report on Wednesday, September 30th. They set a "market perform" rating and a $110.00 target price on the stock. Barclays lifted their target price on Cisco Systems from $121.00 to $123.00 and gave the stock an "equal weight" rating in a research report on Thursday, August 13th. Finally, UBS Group lifted their target price on Cisco Systems from $132.00 to $138.00 and gave the stock a "buy" rating in a research report on Thursday, August 13th. Three analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat, Cisco Systems presently has a consensus rating of "Moderate Buy" and a consensus target price of $128.52.

Trending Headlines about Cisco Systems

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

• Positive Sentiment: AI networking partnership strengthens growth prospects. Cisco and NVIDIA introduced a new ultra-dense pluggable optics design supporting 400Gb/s-per-lane electrical signals and up to 12.8Tb/s of capacity. The technology is intended to help AI data centers connect large GPU clusters while improving bandwidth density and power efficiency. NVIDIA and Cisco Introduce New Pluggable Optics Form Factor to Scale AI Factories
• Positive Sentiment: Open infrastructure announcements support Cisco’s competitive positioning. At the OCP 2026 summit, Cisco highlighted new silicon, systems and optical products for distributed AI networks, including plans with NVIDIA for an open next-generation optics specification. The announcements reinforce Cisco’s focus on Ethernet-based AI infrastructure and customer choice. Cisco Advances Scalability and Openness at OCP 2026
• Neutral Sentiment: Investor attention remains unusually high. Recent analysis points to a 68% annual gain driven by AI infrastructure orders, networking demand and security growth. Analysts tracked by Quiver Quantitative have a median price target of $130, suggesting continued upside but also more limited room for disappointment at current valuation levels. Should You Buy, Sell, or Hold Cisco Stock After a 68% Rise in a Year?
• Negative Sentiment: Profit-taking and insider selling weigh on sentiment. Commentary attributes recent weakness primarily to valuation concerns and traders locking in gains after the sharp advance, rather than to a new earnings shock. Quiver data also shows 49 reported insider sales and no purchases over the past six months, including sales by senior executives. Mixed institutional positioning and concerns that AI-driven growth could be nearing a peak add to the caution. Why Cisco Systems Stock Is Down

Cisco Systems Stock Down 0.2%

Cisco Systems stock opened at $115.07 on Wednesday. The company has a 50-day simple moving average of $112.04 and a 200-day simple moving average of $108.45. The firm has a market capitalization of $453.67 billion, a P/E ratio of 34.45, a P/E/G ratio of 2.40 and a beta of 0.99. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.79 and a current ratio of 0.93. Cisco Systems, Inc. has a one year low of $66.81 and a one year high of $130.37.

Cisco Systems (NASDAQ:CSCO - Get Free Report) last issued its quarterly earnings data on Wednesday, August 12th. The network equipment provider reported $1.22 earnings per share for the quarter, beating the consensus estimate of $1.17 by $0.05. The firm had revenue of $17.25 billion for the quarter, compared to the consensus estimate of $16.84 billion. Cisco Systems had a net margin of 20.95% and a return on equity of 30.16%. Cisco Systems's quarterly revenue was up 17.6% compared to the same quarter last year. During the same period last year, the firm posted $0.99 EPS. Cisco Systems has set its FY 2027 guidance at 5.050-5.110 EPS and its Q1 2027 guidance at 1.320-1.340 EPS. As a group, equities analysts expect that Cisco Systems, Inc. will post 4.42 earnings per share for the current year.

Cisco Systems Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 21st. Shareholders of record on Friday, October 2nd will be paid a $0.42 dividend. The ex-dividend date is Friday, October 2nd. This represents a $1.68 annualized dividend and a dividend yield of 1.5%. Cisco Systems's dividend payout ratio (DPR) is presently 50.30%.

Cisco Systems Company Profile

Cisco Systems, Inc is a global technology company that develops networking, cybersecurity, collaboration, observability and data center solutions. Its products and services help businesses, governments, educational institutions and other organizations connect users and devices, manage infrastructure, protect digital environments and support cloud-based operations.

Cisco's portfolio includes routers and switches, wireless networking equipment, network management software, firewalls, identity and access tools, endpoint security products, collaboration applications and observability platforms.

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