Cisco Systems, Inc. $CSCO Stock Sold by Sowell Financial Services LLC

Key Points

• Sowell Financial Services reduced its Cisco stake by 11.5% in the third quarter, selling 13,663 shares and retaining 104,880 shares valued at approximately $11.3 million. Institutional investors collectively own 73.33% of CSCO.
• Cisco reported quarterly EPS of $1.22 and revenue of $17.25 billion, exceeding analyst expectations, while revenue increased 17.6% year over year. The company also maintains a quarterly dividend of $0.42 per share, yielding about 1.5%.
• Analyst sentiment remains positive but mixed, with a consensus “Moderate Buy” rating and an average price target of $128.52 versus the reported share price of $110.29; insiders sold approximately $5.0 million of stock over the past 90 days.

Sowell Financial Services LLC reduced its position in shares of Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) by 11.5% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 104,880 shares of the network equipment provider's stock after selling 13,663 shares during the quarter. Sowell Financial Services LLC's holdings in Cisco Systems were worth $11,288,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors also recently bought and sold shares of the company. One Wealth Capital Management LLC raised its stake in Cisco Systems by 97.5% in the third quarter. One Wealth Capital Management LLC now owns 11,007 shares of the network equipment provider's stock worth $1,185,000 after buying an additional 5,434 shares in the last quarter. Mascoma Wealth Management LLC boosted its position in Cisco Systems by 10.5% during the 3rd quarter. Mascoma Wealth Management LLC now owns 1,398 shares of the network equipment provider's stock valued at $150,000 after acquiring an additional 133 shares in the last quarter. Lantern Wealth Advisors LLC boosted its position in Cisco Systems by 15.0% during the 3rd quarter. Lantern Wealth Advisors LLC now owns 4,121 shares of the network equipment provider's stock valued at $444,000 after acquiring an additional 537 shares in the last quarter. Winthrop Advisory Group LLC boosted its position in Cisco Systems by 2.3% during the 3rd quarter. Winthrop Advisory Group LLC now owns 19,709 shares of the network equipment provider's stock valued at $2,121,000 after acquiring an additional 440 shares in the last quarter. Finally, Barrett & Company Inc. increased its holdings in shares of Cisco Systems by 15.3% in the 3rd quarter. Barrett & Company Inc. now owns 7,342 shares of the network equipment provider's stock valued at $790,000 after acquiring an additional 973 shares during the period. 73.33% of the stock is currently owned by hedge funds and other institutional investors.

Cisco Systems Price Performance

Shares of CSCO opened at $110.29 on Thursday. The company has a market cap of $434.83 billion, a price-to-earnings ratio of 33.02, a price-to-earnings-growth ratio of 2.22 and a beta of 0.99. Cisco Systems, Inc. has a twelve month low of $70.54 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 has a 50 day moving average of $110.14 and a two-hundred day moving average of $100.68.

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

Cisco Systems Announces Dividend

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

Insider Buying and Selling

In other Cisco Systems news, CEO Charles Robbins sold 21,628 shares of the stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $111.54, for a total value of $2,412,387.12. Following the completion of the sale, the chief executive officer directly owned 602,710 shares in the company, valued at approximately $67,226,273.40. This trade represents a 3.46% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Thimaya Subaiya sold 312 shares of the firm's stock in a transaction dated Monday, September 14th. The stock was sold at an average price of $110.18, for a total value of $34,376.16. Following the completion of the sale, the executive vice president directly owned 127,661 shares of the company's stock, valued at approximately $14,065,688.98. This represents a 0.24% decrease in their position. 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 in the last 90 days. 0.01% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several research firms have recently commented on CSCO. Freedom Capital raised Cisco Systems from a "hold" rating to a "strong-buy" rating in a research report on Sunday, August 16th. Barclays upped their price objective on Cisco Systems from $121.00 to $123.00 and gave the stock an "equal weight" rating in a research note on Thursday, August 13th. HSBC downgraded Cisco Systems from a "buy" rating to a "hold" rating and dropped their price objective for the company from $137.00 to $120.00 in a research report on Friday, August 14th. Morgan Stanley lifted their target price on Cisco Systems from $130.00 to $135.00 and gave the company an "overweight" rating in a research note on Thursday, August 13th. Finally, UBS Group boosted their target price 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. Three analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $128.52.

Key Cisco Systems News

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

• Positive Sentiment: Cisco is emphasizing AI security and “quantum-safe” technology as enterprises build out AI infrastructure. The strategy could create additional demand for Cisco’s networking, cybersecurity and observability products. What Is Cisco Signaling With Its AI Security And Quantum Safe Push?
• Positive Sentiment: Cisco President and Chief Product Officer Jeetu Patel said AI-agent safety will be a major technology issue, highlighting security risks that could increase demand for Cisco’s security and infrastructure solutions. AI Agent Safety Will Be the Issue of Our Time
• Positive Sentiment: Cisco open-sourced Project Quarry, a tool designed to detect rogue AI agents. The initiative could strengthen Cisco’s credibility in securing enterprise AI deployments and support future software and security opportunities. Cisco Open Sources Project Quarry to Detect Rogue AI Agents
• Positive Sentiment: Analyst consensus price targets reportedly moved higher, while Cisco’s partner awards and channel activity point to continued customer and reseller engagement. Cisco Systems Consensus Price Target Rises
• Neutral Sentiment: NTT DATA’s global AI Factory expansion may broaden demand for secure networking and AI infrastructure, although the announcement does not identify a specific Cisco contract or near-term revenue contribution. NTT DATA Expands AI Factory Footprint
• Negative Sentiment: Exchange-traded funds were net sellers of Cisco, creating near-term technical pressure independent of the company’s operating outlook. ETFs Are Net Sellers of Cisco
• Negative Sentiment: Investors are questioning whether Cisco’s strong multi-year advance and AI-related optimism are fully supported by future cash flow. A relatively elevated valuation leaves less room for execution disappointments. Can Cisco Stay Cheap as AI Cash Flow Builds?

Cisco Systems Profile

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.

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