Cisco Systems, Inc. $CSCO Shares Sold by Sepio Capital LP

Key Points

• Sepio Capital LP reduced its stake in Cisco Systems, Inc. by 15.5%, selling 7,252 shares, leaving them with a total of 39,479 shares valued at approximately $2.4 million.
• Insider trades indicated significant selling activity, with CFO Richard Scott Herren and EVP Thimaya K. Subaiya both decreasing their shares by approximately 4.82% and 4.76%, respectively.
• Cisco recently announced a quarterly dividend of $0.41 per share, which is set to be paid on October 22nd, representing an annualized dividend yield of 2.5%.

Sepio Capital LP trimmed its holdings in Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) by 15.5% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 39,479 shares of the network equipment provider's stock after selling 7,252 shares during the quarter. Sepio Capital LP's holdings in Cisco Systems were worth $2,436,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. Mpwm Advisory Solutions LLC acquired a new position in shares of Cisco Systems in the 4th quarter valued at $26,000. JDM Financial Group LLC grew its position in Cisco Systems by 160.4% in the 4th quarter. JDM Financial Group LLC now owns 487 shares of the network equipment provider's stock valued at $29,000 after buying an additional 300 shares during the last quarter. Pandora Wealth Inc. purchased a new position in Cisco Systems in the 1st quarter valued at $31,000. Fairway Wealth LLC grew its position in Cisco Systems by 224.7% in the 1st quarter. Fairway Wealth LLC now owns 578 shares of the network equipment provider's stock valued at $36,000 after buying an additional 400 shares during the last quarter. Finally, Accent Capital Management LLC purchased a new position in Cisco Systems in the 1st quarter valued at $36,000. 73.33% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Cisco Systems

In related news, CFO Richard Scott Herren sold 15,678 shares of the business's stock in a transaction dated Tuesday, June 17th. The shares were sold at an average price of $65.52, for a total value of $1,027,222.56. Following the completion of the transaction, the chief financial officer owned 309,543 shares of the company's stock, valued at approximately $20,281,257.36. The trade was a 4.82% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Thimaya K. Subaiya sold 8,726 shares of the business's stock in a transaction dated Tuesday, June 17th. The shares were sold at an average price of $65.54, for a total transaction of $571,902.04. Following the completion of the transaction, the executive vice president directly owned 174,669 shares of the company's stock, valued at $11,447,806.26. The trade was a 4.76% decrease in their position. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 89,311 shares of company stock worth $5,916,823. Insiders own 0.01% of the company's stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on CSCO shares. Bank of America lifted their price objective on shares of Cisco Systems from $76.00 to $85.00 and gave the company a "buy" rating in a research report on Thursday, August 14th. New Street Research reiterated a "neutral" rating and issued a $70.00 price objective on shares of Cisco Systems in a research report on Friday, May 16th. CICC Research started coverage on shares of Cisco Systems in a research report on Monday, July 14th. They issued an "outperform" rating and a $78.00 price objective on the stock. Evercore ISI boosted their target price on shares of Cisco Systems from $72.00 to $74.00 and gave the stock an "in-line" rating in a research report on Thursday, August 14th. Finally, Wall Street Zen lowered shares of Cisco Systems from a "strong-buy" rating to a "buy" rating in a research report on Saturday, July 12th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and ten have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $74.53.

Cisco Systems Trading Down 1.6%

NASDAQ:CSCO opened at $66.90 on Friday. The company has a market capitalization of $264.47 billion, a PE ratio of 25.53, a price-to-earnings-growth ratio of 2.83 and a beta of 0.99. The company has a quick ratio of 0.92, a current ratio of 1.01 and a debt-to-equity ratio of 0.49. Cisco Systems, Inc. has a 52-week low of $47.85 and a 52-week high of $72.55. The stock has a fifty day simple moving average of $68.44 and a 200-day simple moving average of $63.88.

Cisco Systems (NASDAQ:CSCO - Get Free Report) last released its quarterly earnings results on Wednesday, August 13th. The network equipment provider reported $0.99 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.98 by $0.01. The business had revenue of $14.67 billion during the quarter, compared to the consensus estimate of $14.63 billion. Cisco Systems had a return on equity of 27.02% and a net margin of 18.45%.The business's revenue was up 7.6% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.87 EPS. Cisco Systems has set its Q1 2026 guidance at 0.970-0.990 EPS. FY 2026 guidance at 4.000-4.060 EPS. On average, equities research analysts expect that Cisco Systems, Inc. will post 3.04 earnings per share for the current fiscal year.

Cisco Systems Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 22nd. Stockholders of record on Friday, October 3rd will be paid a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a dividend yield of 2.5%. The ex-dividend date of this dividend is Friday, October 3rd. Cisco Systems's payout ratio is 62.60%.

About Cisco Systems

Cisco Systems, Inc designs, manufactures, and sells Internet Protocol based networking and other products related to the communications and information technology industry in the Americas, Europe, the Middle East, Africa, the Asia Pacific, Japan, and China. The company also offers switching portfolio encompasses campus switching as well as data center switching; enterprise routing portfolio interconnects public and private wireline and mobile networks, delivering highly secure, and reliable connectivity to campus, data center and branch networks; wireless products include wireless access points and controllers; and compute portfolio including the cisco unified computing system, hyperflex, and software management capabilities, which combine computing, networking, and storage infrastructure management and virtualization.

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