Cisco Systems, Inc. $CSCO Stock Sold by Generali Investments Management Co LLC

Key Points

• Generali Investments Management cut its Cisco position by 79% in the third quarter, selling 19,291 shares and retaining 5,116 shares valued at approximately $551,000. Institutional investors collectively own 73.33% of Cisco’s stock.
• Cisco reported quarterly revenue of $17.25 billion and adjusted EPS of $1.22, beating analyst expectations, while revenue increased 17.6% year over year. The company also declared a quarterly dividend of $0.42 per share, representing a 1.6% yield.
• Analyst sentiment remains positive, with Cisco carrying a “Moderate Buy” consensus rating and an average price target of $128.52. The company is benefiting from AI infrastructure demand and a collaboration with NVIDIA, though competition from Arista and questions about recurring software revenue remain risks.

Generali Investments Management Co LLC lessened its position in Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) by 79.0% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 5,116 shares of the network equipment provider's stock after selling 19,291 shares during the period. Generali Investments Management Co LLC's holdings in Cisco Systems were worth $551,000 as of its most recent filing with the SEC.

Other large investors have also made changes to their positions in the company. BlackRock Inc. bought a new stake in Cisco Systems during the second quarter worth about $42,129,647,000. State Street Corp grew its position in Cisco Systems by 7.0% during the 2nd quarter. State Street Corp now owns 207,106,569 shares of the network equipment provider's stock worth $25,278,492,000 after acquiring an additional 13,512,872 shares during the last quarter. Bank of America Corp DE bought a new stake in Cisco Systems during the 2nd quarter worth approximately $5,892,379,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in Cisco Systems by 2.7% during the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 43,450,141 shares of the network equipment provider's stock valued at $5,103,654,000 after purchasing an additional 1,143,106 shares in the last quarter. Finally, Bank of New York Mellon Corp bought a new position in Cisco Systems in the 2nd quarter valued at $4,714,574,000. Institutional investors own 73.33% of the company's stock.

Insider Buying and Selling at Cisco Systems

In related news, EVP Deborah L. Stahlkopf sold 6,487 shares of the company's stock in a transaction dated 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 sale, the executive vice president owned 167,116 shares in the company, valued at approximately $18,638,447.48. This represents a 3.74% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Thimaya K. Subaiya sold 312 shares of the stock in a transaction that occurred on 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 sale, the executive vice president owned 127,661 shares in the company, valued at $14,065,688.98. This represents a 0.24% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 44,869 shares of company stock valued at $5,005,620 over the last 90 days. Company insiders own 0.01% of the company's stock.

Cisco Systems Price Performance

Cisco Systems stock opened at $107.39 on Monday. The business's 50-day simple moving average is $111.38 and its 200 day simple moving average is $109.10. The stock has a market cap of $423.39 billion, a price-to-earnings ratio of 32.15, a P/E/G ratio of 2.24 and a beta of 0.99. Cisco Systems, Inc. has a 12-month low of $68.95 and a 12-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.

Cisco Systems (NASDAQ:CSCO - Get Free Report) last announced its quarterly earnings data on Wednesday, August 12th. The network equipment provider reported $1.22 EPS for the quarter, topping analysts' consensus estimates of $1.17 by $0.05. The firm had revenue of $17.25 billion during the quarter, compared to analyst estimates of $16.84 billion. Cisco Systems had a return on equity of 30.16% and a net margin of 20.95%. The company's revenue was up 17.6% on a year-over-year basis. During the same period last year, the company earned $0.99 earnings per share. 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 anticipate that Cisco Systems, Inc. will post 4.42 earnings per share for the current year.

Cisco Systems Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, October 21st. Stockholders of record on Friday, October 2nd will be given a dividend of $0.42 per share. The ex-dividend date is Friday, October 2nd. This represents a $1.68 annualized dividend and a dividend yield of 1.6%. Cisco Systems's payout ratio is currently 50.30%.

Analyst Ratings Changes

CSCO has been the topic of several research analyst reports. Freedom Capital upgraded Cisco Systems from a "hold" rating to a "strong-buy" rating in a report on Sunday, August 16th. Weiss Ratings reissued a "buy (b)" rating on shares of Cisco Systems in a report on Wednesday, August 26th. Barclays boosted their target price on shares of Cisco Systems from $121.00 to $123.00 and gave the stock an "equal weight" rating in a research note on Thursday, August 13th. Wells Fargo & Company upped their target price on shares of Cisco Systems from $130.00 to $150.00 and gave the stock an "overweight" rating in a research report on Thursday, August 13th. Finally, KeyCorp raised their price target on shares of Cisco Systems from $130.00 to $135.00 and gave the company an "overweight" rating in a report on Thursday, August 13th. Three investment analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and seven have given a Hold rating to the stock. According to data from MarketBeat.com, Cisco Systems has an average rating of "Moderate Buy" and a consensus target price of $128.52.

Cisco Systems News Roundup

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

• Positive Sentiment: AI infrastructure collaboration: Cisco and NVIDIA are developing a 400G optical standard for AI data centers, designed to increase bandwidth density and support an open hardware ecosystem. The initiative could strengthen Cisco’s position in large-scale AI networking. Cisco Backs a New 400G Optical Standard for AI Data Centers
• Positive Sentiment: Strong demand and sales momentum: Cisco’s AI infrastructure spending and campus-network upgrades are supporting demand. Analysts also highlighted the company’s 17.6% year-over-year quarterly sales growth—the fastest pace in roughly a decade—as evidence of improving fundamentals. How Rare Is Cisco’s Record Sales Growth?
• Positive Sentiment: Relative valuation appeal: A comparison with Astera Labs argues that Cisco offers greater potential upside at a lower valuation while benefiting from robust networking demand, though Astera has delivered stronger recent stock performance. ALAB vs. CSCO: Which AI Infrastructure Stock Is a Better Buy?
• Neutral Sentiment: Recurring-revenue question: Investors are assessing whether Cisco can sustain software and support renewals after the current equipment-upgrade cycle slows. Recurring revenue would provide stability, but the articles do not offer new renewal data. Can Software Renewals Outlast the Networking Upgrade Cycle?
• Negative Sentiment: Competitive and headline risks: Arista Networks has outperformed Cisco in AI networking, underscoring competitive concerns. Separately, Cisco’s multimillion-dollar donation to a White House ballroom project could create reputational or political controversy, although it has no direct financial impact disclosed. Nvidia and Cisco Confirm Donations to White House Ballroom

About Cisco Systems

Cisco Systems, Inc is a global technology company that develops networking, cybersecurity, collaboration and observability solutions for businesses, government organizations and service providers. Its offerings include routers, switches, wireless networking equipment, data-center infrastructure, security software and services, as well as technologies that support cloud and hybrid IT environments.

The company also provides collaboration tools through its Webex portfolio, cloud-managed networking through Cisco Meraki and security and observability capabilities that include technologies from Splunk, which Cisco acquired in 2024.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.