D.A. Davidson & CO. Has $38.13 Million Holdings in Cisco Systems, Inc. $CSCO

Key Points

• D.A. Davidson & CO. increased its stake in Cisco by 5.5% to 494,954 shares, valued at about $38.13 million at the end of the quarter.
• Cisco unveiled a working prototype of a "Universal Quantum Switch" with proof‑of‑concept results (under 4% fidelity degradation), a development analysts say could expand its addressable market into quantum networking and bolster long‑term AI/quantum upside.
• Insiders have been net sellers recently: CEO Charles Robbins sold 19,545 shares (~$1.49M) on Feb. 13 and insiders sold 46,431 shares worth about $3.57M in the last 90 days, with corporate insiders owning only about 0.01% of the stock.

D.A. Davidson & CO. increased its holdings in Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) by 5.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 494,954 shares of the network equipment provider's stock after acquiring an additional 25,875 shares during the period. D.A. Davidson & CO.'s holdings in Cisco Systems were worth $38,126,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Physician Wealth Advisors Inc. raised its holdings in shares of Cisco Systems by 30.2% in the 4th quarter. Physician Wealth Advisors Inc. now owns 3,362 shares of the network equipment provider's stock worth $259,000 after acquiring an additional 779 shares during the last quarter. James Investment Research Inc. raised its holdings in shares of Cisco Systems by 2.4% in the 4th quarter. James Investment Research Inc. now owns 22,912 shares of the network equipment provider's stock worth $1,765,000 after acquiring an additional 545 shares during the last quarter. Inscription Capital LLC raised its holdings in shares of Cisco Systems by 18.9% in the 4th quarter. Inscription Capital LLC now owns 41,532 shares of the network equipment provider's stock worth $3,199,000 after acquiring an additional 6,589 shares during the last quarter. Concord Wealth Partners raised its holdings in shares of Cisco Systems by 0.9% in the 4th quarter. Concord Wealth Partners now owns 19,301 shares of the network equipment provider's stock worth $1,487,000 after acquiring an additional 169 shares during the last quarter. Finally, Matisse Capital raised its holdings in shares of Cisco Systems by 12.4% in the 4th quarter. Matisse Capital now owns 5,563 shares of the network equipment provider's stock worth $429,000 after acquiring an additional 613 shares during the last quarter. Institutional investors and hedge funds own 73.33% of the company's stock.

Insiders Place Their Bets

In other news, CEO Charles Robbins sold 19,545 shares of the stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $76.00, for a total transaction of $1,485,420.00. Following the completion of the transaction, the chief executive officer directly owned 671,095 shares of the company's stock, valued at $51,003,220. This represents a 2.83% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Maria Victoria Wong sold 551 shares of the stock in a transaction that occurred on Wednesday, March 11th. The shares were sold at an average price of $77.54, for a total transaction of $42,724.54. Following the transaction, the senior vice president directly owned 27,957 shares of the company's stock, valued at $2,167,785.78. This represents a 1.93% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 46,431 shares of company stock worth $3,574,820 in the last ninety days. 0.01% of the stock is owned by corporate insiders.

Key Cisco Systems News

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

• Positive Sentiment: Cisco unveiled a working prototype of a "Universal Quantum Switch" that can route quantum information between different types of quantum systems — a tangible step toward quantum networking that expands Cisco's addressable market beyond traditional routers and switches. Cisco shows switch that can connect quantum computers of different kinds
• Positive Sentiment: The company’s Universal Quantum Switch press release reported proof-of-concept results (under 4% fidelity degradation) and stressed interoperability over standard telecom fiber — a credibility boost for long-term revenue potential in an emerging market. Cisco Introduces Universal Quantum Switch, Advancing the Path to a Quantum Network
• Positive Sentiment: Analysts and trade pieces are positioning Cisco as a beneficiary of the AI-quantum convergence and as a "pick-and-shovel" supplier to AI infrastructure builds — sentiment that supports multiple-year upside if Cisco converts research into commercial products and services. AI Meets Quantum: Best Pick-and-Shovel Stocks for a Multi-Year Shift
• Positive Sentiment: Market commentary ranks Cisco among AI/infra names with multi‑trillion-dollar potential over time, reflecting investor expectations that its transformation into higher‑margin software/subscriptions and AI hardware could materially re-rate valuation. Cisco Systems (CSCO): Can It Hit Trillion Dollar Milestone?
• Neutral Sentiment: Cisco added Qmulos continuous‑compliance products to its Global Price List, easing procurement for joint customers — a modest commercial win that supports software and services momentum but is not material on its own. Qmulos Now Available on Cisco Global Price List (GPL)
• Neutral Sentiment: Reported short‑interest data for April appears inconsistent (shows 0 shares / NaN change) and is not indicating a meaningful short squeeze or cover signal at this time.
• Negative Sentiment: Despite the upbeat product news, Cisco shares pulled back on April 23 (a larger decline than the market), showing that investors still react to near‑term macro/earnings/rotation risk even as the company invests in new growth areas. Cisco Systems (CSCO) Registers a Bigger Fall Than the Market

Analyst Ratings Changes

A number of equities research analysts recently weighed in on CSCO shares. JPMorgan Chase & Co. upped their target price on shares of Cisco Systems from $95.00 to $96.00 and gave the stock an "overweight" rating in a report on Thursday, April 16th. Weiss Ratings restated a "buy (b)" rating on shares of Cisco Systems in a report on Tuesday, January 27th. Zacks Research lowered shares of Cisco Systems from a "strong-buy" rating to a "hold" rating in a report on Monday, April 13th. CICC Research upped their target price on shares of Cisco Systems from $84.00 to $96.00 and gave the stock an "outperform" rating in a report on Friday, February 13th. Finally, UBS Group upped their price objective on shares of Cisco Systems from $90.00 to $95.00 and gave the stock a "buy" rating in a research report on Thursday, February 12th. Three investment analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and eight have given a Hold rating to the company's stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $89.81.

Cisco Systems Stock Performance

Shares of CSCO stock opened at $89.01 on Monday. Cisco Systems, Inc. has a 52-week low of $56.07 and a 52-week high of $90.45. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.85 and a current ratio of 0.96. The company has a 50-day simple moving average of $80.55 and a two-hundred day simple moving average of $77.49. The company has a market capitalization of $351.58 billion, a price-to-earnings ratio of 31.23, a PEG ratio of 3.35 and a beta of 0.83.

Cisco Systems (NASDAQ:CSCO - Get Free Report) last issued its quarterly earnings data on Wednesday, February 11th. The network equipment provider reported $1.04 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.02 by $0.02. Cisco Systems had a net margin of 19.22% and a return on equity of 27.88%. The business had revenue of $15.35 billion during the quarter, compared to the consensus estimate of $15.11 billion. During the same period in the prior year, the firm posted $0.94 EPS. The firm's quarterly revenue was up 9.7% compared to the same quarter last year. Research analysts anticipate that Cisco Systems, Inc. will post 3.4 EPS for the current fiscal year.

Cisco Systems Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, April 22nd. Shareholders of record on Thursday, April 2nd were given a $0.42 dividend. This represents a $1.68 dividend on an annualized basis and a yield of 1.9%. The ex-dividend date of this dividend was Thursday, April 2nd. This is a positive change from Cisco Systems's previous quarterly dividend of $0.41. Cisco Systems's payout ratio is currently 58.95%.

Cisco Systems Profile

Cisco Systems, Inc is a global technology company that designs, manufactures and sells networking hardware, software and telecommunications equipment. Its core business focuses on enabling enterprise and service-provider networks through products such as routers, switches, network security appliances and wireless systems. Over time Cisco has broadened its portfolio to emphasize software-defined networking, cybersecurity, cloud infrastructure and edge computing solutions that help organizations build and manage modern IT environments.

In addition to hardware, Cisco offers a growing range of software platforms and subscription services for network management, security, analytics and collaboration.

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