Cisco Systems, Inc. $CSCO Stock: AlphaCore Capital LLC Grows Stake

Key Points

• Institutional ownership increased: AlphaCore Capital raised its Cisco stake by 5.6% in the third quarter to 216,925 shares, worth about $23.3 million; several other funds also added shares. Institutional investors collectively own 73.33% of the company.
• Analyst sentiment is broadly positive: Cisco has a “Moderate Buy” consensus rating and an average price target of $127.87, with some analysts recently raising targets or upgrading their ratings.
• Recent results topped expectations: Cisco reported quarterly EPS of $1.22 versus estimates of $1.17 and revenue of $17.25 billion, up 17.6% year over year. Company insiders have also sold shares, totaling 44,869 shares worth about $5.0 million over 90 days.

AlphaCore Capital LLC grew its stake in Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) by 5.6% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 216,925 shares of the network equipment provider's stock after buying an additional 11,462 shares during the period. AlphaCore Capital LLC's holdings in Cisco Systems were worth $23,348,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of CSCO. Leuthold Group LLC increased its position in Cisco Systems by 7.4% during the third quarter. Leuthold Group LLC now owns 154,557 shares of the network equipment provider's stock worth $16,635,000 after acquiring an additional 10,672 shares during the period. Palacios Wealth Management LLC boosted its holdings in Cisco Systems by 24.1% in the 3rd quarter. Palacios Wealth Management LLC now owns 6,482 shares of the network equipment provider's stock valued at $698,000 after purchasing an additional 1,259 shares during the period. Clear Wave Wealth Management LLC boosted its holdings in Cisco Systems by 5.7% in the 3rd quarter. Clear Wave Wealth Management LLC now owns 5,963 shares of the network equipment provider's stock valued at $642,000 after purchasing an additional 323 shares during the period. Kohmann Bosshard Financial Services LLC grew its position in Cisco Systems by 17.1% in the 3rd quarter. Kohmann Bosshard Financial Services LLC now owns 7,345 shares of the network equipment provider's stock worth $790,000 after purchasing an additional 1,073 shares during the last quarter. Finally, Fulcrum Asset Management LLP grew its position in Cisco Systems by 24.1% in the 3rd quarter. Fulcrum Asset Management LLP now owns 25,836 shares of the network equipment provider's stock worth $2,763,000 after purchasing an additional 5,024 shares during the last quarter. Institutional investors and hedge funds own 73.33% of the company's stock.

Insider Buying and Selling at Cisco Systems

In related news, EVP Thimaya Subaiya sold 312 shares of Cisco Systems stock in a transaction dated Monday, September 14th. The shares were sold at an average price of $110.18, for a total transaction of $34,376.16. Following the completion of the transaction, the executive vice president directly owned 127,661 shares of the company's stock, valued at $14,065,688.98. This trade represents a 0.24% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 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 completion of the transaction, the executive vice president directly owned 167,116 shares in the company, valued at $18,638,447.48. The trade was a 3.74% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 44,869 shares of company stock worth $5,005,620 over the last ninety days. Company insiders own 0.01% of the company's stock.

Analysts Set New Price Targets

Several research analysts have recently issued reports on the stock. UBS Group boosted their price objective on shares of Cisco Systems from $132.00 to $138.00 and gave the stock a "buy" rating in a report on Thursday, August 13th. Wells Fargo & Company increased their target price on shares of Cisco Systems from $130.00 to $150.00 and gave the company an "overweight" rating in a research note on Thursday, August 13th. Zacks Research raised Cisco Systems from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, September 30th. Freedom Capital upgraded Cisco Systems from a "hold" rating to a "strong-buy" rating in a research note on Sunday, August 16th. Finally, KeyCorp upped their price target on Cisco Systems from $130.00 to $135.00 and gave the company an "overweight" rating in a report on Thursday, August 13th. Three analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $127.87.

Cisco Systems Stock Performance

NASDAQ CSCO opened at $98.65 on Tuesday. Cisco Systems, Inc. has a twelve month low of $71.10 and a twelve month high of $130.37. The company has a quick ratio of 0.79, a current ratio of 0.93 and a debt-to-equity ratio of 0.39. The company's 50-day simple moving average is $108.59 and its 200 day simple moving average is $101.75. The stock has a market cap of $388.94 billion, a P/E ratio of 29.54, a PEG ratio of 2.16 and a beta of 1.01.

Cisco Systems (NASDAQ:CSCO - Get Free Report) last posted its earnings results on Wednesday, August 12th. The network equipment provider reported $1.22 EPS for the quarter, topping the consensus estimate of $1.17 by $0.05. The business had revenue of $17.25 billion during the quarter, compared to the consensus estimate of $16.84 billion. Cisco Systems had a return on equity of 30.16% and a net margin of 20.95%. Cisco Systems's revenue was up 17.6% on a year-over-year basis. During the same quarter last year, the company earned $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, research analysts forecast that Cisco Systems, Inc. will post 4.42 earnings per share for the current fiscal year.

Cisco Systems Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Wednesday, October 21st. Investors of record on Friday, October 2nd were given a dividend of $0.42 per share. The ex-dividend date was Friday, October 2nd. This represents a $1.68 dividend on an annualized basis and a dividend yield of 1.7%. Cisco Systems's dividend payout ratio (DPR) is 50.30%.

Cisco Systems News Summary

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

• Positive Sentiment: Cisco is expanding its AI-security tools: AI Defense will use Anthropic’s Claude Mythos for adversarial testing of AI applications and agents, alongside new Splunk Agent Observability and Cisco IQ capabilities. The launch could strengthen Cisco’s position as businesses seek ways to secure and monitor AI agents. Cisco AI security announcement
• Positive Sentiment: One analysis suggests Cisco shares could be undervalued by about 15%, offering a potential valuation argument for investors. Cisco valuation analysis
• Neutral Sentiment: The November 12 earnings report is the main near-term catalyst. Investors will look for evidence that AI infrastructure demand supports Cisco’s growth and its stated $7.5 billion AI target; options trading points to expectations of a potentially large post-earnings move. Cisco earnings and options outlook
• Negative Sentiment: Risk appetite remains a headwind: reports cite a roughly 20% decline in CSCO and a $145 billion loss in market value from its peak, while ETFs were net sellers of $64.1 million in shares on November 5. ETF flows for Cisco
• Negative Sentiment: A Morgan Stanley analyst reportedly moved Cisco to Equal-weight, adding to caution ahead of results. Investors may also be wary if earnings fail to reassure the market about AI-related demand. Cisco earnings expectations and AI concerns

Cisco Systems Company Profile

Cisco Systems, Inc develops networking, cybersecurity, collaboration and observability technologies for businesses, governments and other organizations. Its products include routers, switches, wireless systems and data center infrastructure, along with security software and services that help organizations connect and protect their networks.

The company also provides collaboration tools through its Webex platform and observability capabilities through its software offerings, including technology from Splunk, which Cisco acquired in 2024.

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