Horizon Investments LLC Sells 31,525 Shares of Cisco Systems, Inc. $CSCO

Key Points

• Horizon Investments LLC trimmed its Cisco stake by 11.1%, selling 31,525 shares and ending the quarter with 253,244 shares valued at about $19.4 million.
• Cisco beat Q2 estimates (EPS $1.04 vs. $1.02; revenue $15.35B vs. $15.11B), and analysts point to AI/infrastructure momentum and an upgraded outlook as drivers of the recent share rally.
• Cisco raised its quarterly dividend to $0.42 (annualized $1.68) for a roughly 1.8% yield, while Street coverage remains generally positive with a consensus "Moderate Buy" target of $89.81.

Horizon Investments LLC lessened its holdings in shares of Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) by 11.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 253,244 shares of the network equipment provider's stock after selling 31,525 shares during the quarter. Horizon Investments LLC's holdings in Cisco Systems were worth $19,404,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of CSCO. Marquette Asset Management LLC acquired a new stake in Cisco Systems during the 3rd quarter valued at $25,000. Board of the Pension Protection Fund bought a new position in shares of Cisco Systems in the fourth quarter valued at about $31,000. EQ Wealth Advisors LLC bought a new position in shares of Cisco Systems in the fourth quarter valued at about $31,000. Cedar Mountain Advisors LLC lifted its stake in shares of Cisco Systems by 115.7% during the 3rd quarter. Cedar Mountain Advisors LLC now owns 468 shares of the network equipment provider's stock worth $32,000 after buying an additional 251 shares during the last quarter. Finally, Joseph Group Capital Management bought a new stake in shares of Cisco Systems during the 4th quarter worth about $38,000. Institutional investors own 73.33% of the company's stock.

Insider Buying and Selling at Cisco Systems

In other Cisco Systems news, EVP Oliver Tuszik sold 3,132 shares of the firm's stock in a transaction dated Wednesday, March 18th. The shares were sold at an average price of $79.74, for a total value of $249,745.68. Following the transaction, the executive vice president directly owned 188,613 shares of the company's stock, valued at $15,040,000.62. This trade represents a 1.63% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Thimaya K. Subaiya sold 1,744 shares of the business's stock in a transaction that occurred on Thursday, March 12th. The shares were sold at an average price of $77.07, for a total transaction of $134,410.08. Following the completion of the transaction, the executive vice president owned 156,693 shares of the company's stock, valued at $12,076,329.51. The trade was a 1.10% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 46,431 shares of company stock valued at $3,574,820 over the last three months. 0.01% of the stock is owned by insiders.

Key Headlines Impacting Cisco Systems

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

• Positive Sentiment: Q2 results and AI/infra momentum — analysts note Cisco’s Q2 beat, raised outlook and AI-infrastructure product momentum as key drivers of the recent share rally and valuation re-rating. A Look At Cisco (CSCO) Valuation After Strong Q2 Results And AI Infrastructure Momentum
• Positive Sentiment: High odds of another earnings beat — a Zacks piece flags Cisco’s strong earnings-surprise history and the factors (revenue strength, margin leverage) that make another upside surprise likely, supporting near-term sentiment. Will Cisco (CSCO) Beat Estimates Again in Its Next Earnings Report?
• Positive Sentiment: Policy tailwind for quantum networking — a new U.S. quantum policy bill advancing toward commercialization could accelerate funding and deployment for quantum-related networking tech, an area where Cisco is referenced as a key player. This is a medium-term catalyst for products beyond core routing/switching. National Quantum Policy Bill Advances: IBM, IonQ, Cisco in Focus
• Positive Sentiment: Technical/market momentum — multiple market reports note Cisco hitting fresh peaks and outperforming the Nasdaq index recently, reflecting strong investor demand and positive flow into the name. Cisco Hits Fresh Peak Amid Nasdaq Composite Today Buzz
• Neutral Sentiment: CNBC mention on trader radar — Cisco was referenced on CNBC’s “Final Trades,” a short-term media mention that can attract attention but is not a fundamental catalyst by itself. Netflix, Cisco, Zoom and a health care stock on CNBC's 'Final Trades'
• Neutral Sentiment: Peer strength — Arista (a data-center networking peer) is gaining momentum ahead of its earnings, highlighting competitive dynamics in the data-center space; this is worth monitoring but hasn’t materially changed Cisco’s trajectory yet. This Nvidia Rival Gains Momentum Ahead Of Earnings Report
• Neutral Sentiment: Ongoing bullish write-ups — several bullish theses and valuation analyses (Substack/InsiderMonkey/Yahoo) are circulating, reinforcing investor interest but largely echoing the same drivers: AI demand, recurring revenue, and attractive cash returns. Is Cisco Systems, Inc. (CSCO) A Good Stock To Buy Now?

Cisco Systems Stock Performance

NASDAQ CSCO opened at $91.85 on Friday. The firm has a 50-day moving average price of $81.46 and a two-hundred day moving average price of $77.93. Cisco Systems, Inc. has a 12-month low of $58.58 and a 12-month high of $92.92. The company has a market capitalization of $362.80 billion, a P/E ratio of 32.23, a P/E/G ratio of 3.45 and a beta of 0.92. The company has a quick ratio of 0.85, a current ratio of 0.96 and a debt-to-equity ratio of 0.45.

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

Cisco Systems Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 22nd. Shareholders of record on Thursday, April 2nd were issued a $0.42 dividend. The ex-dividend date of this dividend was Thursday, April 2nd. This represents a $1.68 annualized dividend and a yield of 1.8%. This is a boost from Cisco Systems's previous quarterly dividend of $0.41. Cisco Systems's payout ratio is presently 58.95%.

Wall Street Analyst Weigh In

A number of brokerages recently commented on CSCO. UBS Group upped their price target on shares of Cisco Systems from $90.00 to $95.00 and gave the company a "buy" rating in a research note on Thursday, February 12th. Weiss Ratings restated a "buy (b)" rating on shares of Cisco Systems in a report on Friday, April 24th. DZ Bank upgraded Cisco Systems to a "strong-buy" rating in a research note on Friday, February 13th. Erste Group Bank cut Cisco Systems from a "buy" rating to a "hold" rating in a report on Wednesday, February 18th. Finally, Zacks Research lowered Cisco Systems from a "strong-buy" rating to a "hold" rating in a report on Monday, April 13th. Three research analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat.com, Cisco Systems presently has an average rating of "Moderate Buy" and a consensus target price of $89.81.

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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