Pingora Partners LLC Takes $2.15 Million Position in Cisco Systems, Inc. $CSCO

Key Points

• Pingora Partners purchased 18,345 Cisco shares worth approximately $2.15 million in the second quarter, while institutional investors collectively own 73.33% of the stock.
• Cisco reported quarterly EPS of $1.22 and revenue of $17.25 billion, beating estimates and representing 17.6% year-over-year revenue growth. Its expanded AI infrastructure partnership with NVIDIA and Supermicro is expected to support future growth.
• Analysts maintain a generally positive view, with a consensus “Moderate Buy” rating and an average price target of $129.43; Cisco also declared a quarterly dividend of $0.42 per share. Meanwhile, insiders sold 53,611 shares worth about $6.07 million over the past quarter.

Pingora Partners LLC purchased a new position in Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 18,345 shares of the network equipment provider's stock, valued at approximately $2,155,000. Cisco Systems comprises about 1.3% of Pingora Partners LLC's holdings, making the stock its 17th largest holding.

A number of other large investors also recently modified their holdings of CSCO. Bridgewater Advisors Inc. bought a new position in shares of Cisco Systems during the second quarter valued at about $6,442,000. World Investment Advisors increased its holdings in shares of Cisco Systems by 15.4% in the fourth quarter. World Investment Advisors now owns 198,549 shares of the network equipment provider's stock worth $13,905,000 after buying an additional 26,455 shares during the period. WCG Wealth Advisors LLC lifted its stake in shares of Cisco Systems by 101.8% in the 4th quarter. WCG Wealth Advisors LLC now owns 107,306 shares of the network equipment provider's stock valued at $8,266,000 after acquiring an additional 54,141 shares during the last quarter. Vise Technologies Inc. boosted its holdings in Cisco Systems by 47.1% during the 4th quarter. Vise Technologies Inc. now owns 200,341 shares of the network equipment provider's stock valued at $15,432,000 after acquiring an additional 64,144 shares during the period. Finally, ABN AMRO Bank N.V. purchased a new stake in Cisco Systems during the 2nd quarter valued at about $19,114,000. 73.33% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Cisco Systems news, EVP Deborah L. Stahlkopf sold 6,487 shares of the business's stock in a transaction on Friday, August 14th. The shares were sold at an average price of $111.53, for a total transaction of $723,495.11. Following the transaction, the executive vice president directly owned 167,116 shares of the company's stock, valued at approximately $18,638,447.48. The trade was a 3.74% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Thimaya K. Subaiya sold 5,832 shares of the company's stock in a transaction on Wednesday, August 19th. The stock was sold at an average price of $111.47, for a total transaction of $650,093.04. Following the completion of the transaction, the executive vice president owned 128,382 shares of the company's stock, valued at $14,310,741.54. This trade represents a 4.35% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 53,611 shares of company stock valued at $6,066,680 over the last quarter. 0.01% of the stock is owned by company insiders.

More Cisco Systems News

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

• Positive Sentiment: Cisco is partnering with Supermicro to add rack-scale AI servers to its NVIDIA-backed Secure AI Factory. The move allows Cisco to offer more complete, validated infrastructure—including networking, computing and security—to enterprises, neocloud providers and sovereign-cloud customers. This could increase Cisco’s share of rapidly growing AI data-center spending and create additional hardware and services revenue. Exclusive: Cisco expands Nvidia partnership for AI data center boom
• Positive Sentiment: The expanded Secure AI Factory incorporates NVIDIA technology and Supermicro systems into an end-to-end architecture designed to simplify large AI deployments, improve efficiency and protect sensitive data. Cisco’s management has also highlighted strong AI-related orders and upbeat fiscal 2027 AI-infrastructure revenue guidance, supporting expectations for faster growth. Cisco Expands Secure AI Factory with NVIDIA for the Rack-Scale Era
• Positive Sentiment: Analyst coverage remains broadly constructive, with Cisco’s average brokerage recommendation described as bullish. That optimism is supported by recent earnings that exceeded consensus estimates and by expectations that AI orders can bolster Cisco’s growth profile. Wall Street Bulls Look Optimistic About Cisco
• Neutral Sentiment: Cisco also announced sovereign critical-infrastructure offerings in Canada, potentially expanding demand from organizations seeking greater control over data and systems. The announcement is strategically supportive but provides limited near-term financial detail. Cisco Launches Sovereign Critical Infrastructure in Canada
• Negative Sentiment: A professional-services customer reportedly replaced its Cisco-based networking stack with open-source VyOS across 13 sites, highlighting the risk of customer migration and pricing pressure from flexible, lower-cost alternatives. VyOS Powers Spicer Group's Cisco-to-Open-Source Network Transformation

Cisco Systems Stock Up 1.1%

Shares of NASDAQ:CSCO opened at $112.36 on Thursday. The stock's 50-day moving average is $115.55 and its 200 day moving average is $100.99. The company has a market cap of $442.86 billion, a PE ratio of 33.64, a P/E/G ratio of 2.18 and a beta of 1.02. 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.

Cisco Systems (NASDAQ:CSCO - Get Free Report) last released its quarterly earnings data on Wednesday, August 12th. The network equipment provider reported $1.22 earnings per share for the quarter, topping the consensus estimate 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 during the quarter, compared to analysts' expectations of $16.84 billion. During the same quarter last year, the business posted $0.99 EPS. The business's 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. Sell-side analysts anticipate that Cisco Systems, Inc. will post 4.44 EPS for the current year.

Cisco Systems Announces Dividend

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

Analyst Ratings Changes

A number of brokerages have commented on CSCO. JPMorgan Chase & Co. lifted their price target on Cisco Systems from $95.00 to $96.00 in a research note on Monday, May 11th. KeyCorp increased their price objective on Cisco Systems from $130.00 to $135.00 and gave the company an "overweight" rating in a research note on Thursday, August 13th. UBS Group raised 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. Truist Financial lifted their target price 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. Finally, Wall Street Zen upgraded shares of Cisco Systems from a "hold" rating to a "buy" rating in a report on Saturday, August 15th. Two investment analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and seven have assigned a Hold rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $129.43.

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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