McAdam LLC Sells 7,979 Shares of Cisco Systems, Inc. $CSCO

Key Points

• McAdam LLC has reduced its stock position in Cisco Systems by 52%, now holding 7,357 shares valued at $454,000.
• In the first quarter, other institutional investors also increased their stakes in Cisco, with Acadian Asset Management LLC boosting its position by 255.9% to own over $482 million in shares.
• Cisco's recent quarterly earnings exceeded analysts' expectations, reporting $14.67 billion in revenue and an earnings per share (EPS) of $0.99, with guidance for Q1 2026 set between 0.970-0.990 EPS.

McAdam LLC reduced its holdings in Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) by 52.0% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 7,357 shares of the network equipment provider's stock after selling 7,979 shares during the quarter. McAdam LLC's holdings in Cisco Systems were worth $454,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. Mpwm Advisory Solutions LLC acquired a new stake in Cisco Systems in the 4th quarter valued at approximately $26,000. JDM Financial Group LLC boosted its stake in Cisco Systems by 160.4% during the 4th quarter. JDM Financial Group LLC now owns 487 shares of the network equipment provider's stock valued at $29,000 after purchasing an additional 300 shares in the last quarter. Pandora Wealth Inc. bought a new position in Cisco Systems during the 1st quarter valued at $31,000. Fairway Wealth LLC boosted its stake in Cisco Systems by 224.7% during the 1st quarter. Fairway Wealth LLC now owns 578 shares of the network equipment provider's stock valued at $36,000 after purchasing an additional 400 shares in the last quarter. Finally, Accent Capital Management LLC bought a new position in Cisco Systems during the 1st quarter valued at $36,000. 73.33% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other Cisco Systems news, insider Jeetendra I. Patel sold 9,061 shares of the stock in a transaction that occurred on Friday, August 15th. The stock was sold at an average price of $66.60, for a total transaction of $603,462.60. Following the transaction, the insider owned 237,405 shares in the company, valued at $15,811,173. This trade represents a 3.68% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CEO Charles Robbins sold 30,557 shares of the company's stock in a transaction on Friday, August 15th. The stock was sold at an average price of $66.63, for a total transaction of $2,036,012.91. Following the sale, the chief executive officer directly owned 639,000 shares of the company's stock, valued at approximately $42,576,570. This represents a 4.56% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 88,099 shares of company stock valued at $5,851,765. Insiders own 0.01% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on CSCO shares. CICC Research started coverage on Cisco Systems in a research note on Monday, July 14th. They set an "outperform" rating and a $78.00 price target for the company. Hsbc Global Res lowered Cisco Systems from a "strong-buy" rating to a "hold" rating in a research note on Friday, August 15th. JPMorgan Chase & Co. raised their price objective on Cisco Systems from $73.00 to $78.00 and gave the stock an "overweight" rating in a research note on Thursday, July 17th. New Street Research reissued a "neutral" rating and set a $70.00 price objective on shares of Cisco Systems in a research note on Friday, May 16th. Finally, William Blair raised Cisco Systems to a "hold" rating in a research note on Thursday, August 14th. One analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and ten have issued a Hold rating to the company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $74.53.

Cisco Systems Stock Down 1.7%

NASDAQ CSCO traded down $1.16 on Friday, reaching $66.53. The stock had a trading volume of 18,525,267 shares, compared to its average volume of 16,775,248. The business has a 50 day moving average price of $68.24 and a 200 day moving average price of $64.00. The company has a current ratio of 1.00, a quick ratio of 0.91 and a debt-to-equity ratio of 0.49. Cisco Systems, Inc. has a 1 year low of $49.67 and a 1 year high of $72.55. The company has a market capitalization of $263.01 billion, a price-to-earnings ratio of 25.39, a P/E/G ratio of 2.84 and a beta of 0.99.

Cisco Systems (NASDAQ:CSCO - Get Free Report) last issued its earnings results on Wednesday, August 13th. The network equipment provider reported $0.99 EPS for the quarter, beating analysts' consensus estimates of $0.98 by $0.01. Cisco Systems had a return on equity of 27.06% and a net margin of 18.45%.The firm had revenue of $14.67 billion for the quarter, compared to the consensus estimate of $14.63 billion. During the same quarter in the previous year, the company posted $0.87 earnings per share. The business's quarterly revenue was up 7.6% compared to the same quarter last year. Cisco Systems has set its Q1 2026 guidance at 0.970-0.990 EPS. FY 2026 guidance at 4.000-4.060 EPS. On average, analysts forecast that Cisco Systems, Inc. will post 3.04 EPS for the current fiscal year.

Cisco Systems Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 22nd. Investors of record on Friday, October 3rd will be paid a $0.41 dividend. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date of this dividend is Friday, October 3rd. Cisco Systems's dividend payout ratio (DPR) is presently 62.60%.

About Cisco Systems

Cisco Systems, Inc designs, manufactures, and sells Internet Protocol based networking and other products related to the communications and information technology industry in the Americas, Europe, the Middle East, Africa, the Asia Pacific, Japan, and China. The company also offers switching portfolio encompasses campus switching as well as data center switching; enterprise routing portfolio interconnects public and private wireline and mobile networks, delivering highly secure, and reliable connectivity to campus, data center and branch networks; wireless products include wireless access points and controllers; and compute portfolio including the cisco unified computing system, hyperflex, and software management capabilities, which combine computing, networking, and storage infrastructure management and virtualization.