Danske Bank A S Sells 91,609 Shares of Cisco Systems, Inc. $CSCO

Key Points

• Danske Bank A/S reduced its Cisco stake by 2.7%, selling 91,609 shares and retaining 3.29 million shares valued at approximately $386.6 million. Institutional investors collectively own 73.33% of Cisco.
• Cisco reported quarterly EPS of $1.22 and revenue of $17.25 billion, beating estimates, with revenue up 17.6% year over year. Strong AI-infrastructure orders and fiscal 2027 EPS guidance of $5.05–$5.11 support the company’s growth outlook, though margin pressure remains a concern.
• Analysts maintain a consensus “Moderate Buy” rating with an average price target of $129.43, while Cisco shares recently traded near $111.61. The company also announced a quarterly dividend of $0.42 per share, equating to a 1.5% yield.

Danske Bank A S decreased its stake in Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) by 2.7% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,291,076 shares of the network equipment provider's stock after selling 91,609 shares during the period. Cisco Systems comprises about 0.8% of Danske Bank A S's investment portfolio, making the stock its 19th biggest position. Danske Bank A S owned 0.08% of Cisco Systems worth $386,570,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently made changes to their positions in the stock. Mount Lucas Management LP lifted its holdings in shares of Cisco Systems by 3.8% during the 2nd quarter. Mount Lucas Management LP now owns 22,985 shares of the network equipment provider's stock worth $2,700,000 after acquiring an additional 837 shares during the last quarter. Diversify Advisory Services LLC increased its stake in Cisco Systems by 317.3% in the second quarter. Diversify Advisory Services LLC now owns 176,160 shares of the network equipment provider's stock valued at $20,183,000 after acquiring an additional 133,941 shares during the last quarter. Oxbow Advisors LLC purchased a new stake in Cisco Systems during the second quarter valued at about $892,000. Wealthfront Advisers LLC bought a new stake in Cisco Systems during the second quarter worth about $56,371,000. Finally, Global Strategic Investment Solutions LLC purchased a new position in shares of Cisco Systems in the 2nd quarter worth about $242,000. Hedge funds and other institutional investors own 73.33% of the company's stock.

Insider Activity at Cisco Systems

In other Cisco Systems news, CEO Charles Robbins sold 21,628 shares of the firm's stock in a transaction on Friday, August 14th. The shares were sold at an average price of $111.54, for a total value of $2,412,387.12. Following the sale, the chief executive officer owned 602,710 shares of the company's stock, valued at $67,226,273.40. This trade represents a 3.46% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Oliver Tuszik sold 2,760 shares of the business's stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $112.46, for a total transaction of $310,389.60. Following the completion of the transaction, the executive vice president owned 165,276 shares in the company, valued at $18,586,938.96. The trade was a 1.64% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 69,179 shares of company stock worth $7,985,229 over the last ninety days. Insiders own 0.01% of the company's stock.

Analysts Set New Price Targets

CSCO has been the subject of a number of recent research reports. Rosenblatt Securities boosted their target price on Cisco Systems from $150.00 to $165.00 and gave the stock a "buy" rating in a research report on Thursday, August 13th. Truist Financial lifted their price target on shares of Cisco Systems from $125.00 to $140.00 and gave the stock a "buy" rating in a research note on Thursday, August 13th. HSBC lowered shares of Cisco Systems from a "buy" rating to a "hold" rating and lowered their price objective for the stock from $137.00 to $120.00 in a report on Friday, August 14th. UBS Group increased their target price on shares of Cisco Systems from $132.00 to $138.00 and gave the company a "buy" rating in a report on Thursday, August 13th. Finally, Morgan Stanley lifted their target price on shares of Cisco Systems from $130.00 to $135.00 and gave the stock an "overweight" rating in a research report on Thursday, August 13th. Two equities research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and seven have issued a Hold rating to the stock. According to MarketBeat.com, Cisco Systems presently has a consensus rating of "Moderate Buy" and an average target price of $129.43.

Cisco Systems Trading Down 1.1%

Shares of CSCO stock opened at $111.61 on Wednesday. The business has a 50-day moving average of $116.63 and a 200 day moving average of $99.71. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.93 and a quick ratio of 0.79. Cisco Systems, Inc. has a 1-year low of $66.13 and a 1-year high of $130.37. The stock has a market capitalization of $439.90 billion, a PE ratio of 33.42, a P/E/G ratio of 2.38 and a beta of 1.02.

Cisco Systems (NASDAQ:CSCO - Get Free Report) last announced its quarterly earnings results 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. 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 analysts' expectations of $16.84 billion. During the same period in the previous year, the firm earned $0.99 EPS. 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, sell-side analysts anticipate that Cisco Systems, Inc. will post 4.09 earnings per share for the current year.

Cisco Systems Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 21st. Investors of record on Friday, October 2nd will be paid a $0.42 dividend. This represents a $1.68 annualized dividend and a dividend yield of 1.5%. The ex-dividend date of this dividend is Friday, October 2nd. Cisco Systems's payout ratio is presently 50.30%.

Key Stories Impacting Cisco Systems

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

• Positive Sentiment: Cisco reported record fiscal fourth-quarter revenue of about $17.3 billion, up 18% year over year, and non-GAAP EPS of $1.22, exceeding the $1.17 consensus estimate. Management also forecast fiscal 2027 EPS of $5.05–$5.11 and expects $7.5 billion in AI-infrastructure revenue, reinforcing the company’s growth outlook. Cisco AI infrastructure and margin article
• Positive Sentiment: Strong AI-infrastructure orders—$4 billion in the latest quarter and $9.3 billion for fiscal 2026—are increasing investor confidence that Cisco is benefiting from data-center networking demand. Reports identifying Cisco among Fabrinet’s AI-related customers provide additional support for the broader AI supply-chain opportunity. Strong AI infrastructure orders article
• Positive Sentiment: Freedom Capital upgraded Cisco from “hold” to “strong buy.” Other analysts, including Wells Fargo, have raised price targets, and the broader analyst consensus remains “Moderate Buy.”
• Neutral Sentiment: The earnings-driven selloff has prompted some commentators to call the decline an overreaction, while others recommend diversified ETFs as a lower-risk way to gain exposure to Cisco’s AI growth. This reflects optimism about the business but caution about owning the individual stock. Cisco selloff analysis
• Negative Sentiment: Gross margin fell to 66.3% and is expected at roughly 65%–66% in the next quarter. Higher memory costs, pricing changes and a heavier hardware mix are supporting revenue but pressuring profitability, raising questions about how sustainable the AI boom will be. Cisco margin pressure article
• Negative Sentiment: HSBC cut Cisco to “hold,” adding to valuation concerns after the post-earnings decline. CEO Charles Robbins and three other insiders also sold a combined 38,045 shares, although the transactions were made under pre-arranged Rule 10b5-1 plans and the executives retained substantial positions.

Cisco Systems Company 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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