Trivium Point Advisory LLC Acquires 4,070 Shares of Cisco Systems, Inc. $CSCO

Key Points

• Trivium Point Advisory LLC increased its stake in Cisco Systems by 19.3% during the second quarter, acquiring an additional 4,070 shares for a total of 25,136 shares valued at approximately <$1,744,000
• Insider trading highlights include Oliver Tuszik selling 17,526 shares for around $1.19 million, reflecting an 8.10% decrease in his holdings.
• The company recently announced a quarterly dividend of $0.41 per share with an ex-dividend date of October 3rd, providing a 2.4% dividend yield.

Trivium Point Advisory LLC raised its holdings in shares of Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) by 19.3% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 25,136 shares of the network equipment provider's stock after purchasing an additional 4,070 shares during the period. Trivium Point Advisory LLC's holdings in Cisco Systems were worth $1,744,000 at the end of the most recent quarter.

Several other hedge funds have also recently modified their holdings of the business. Postrock Partners LLC lifted its stake in Cisco Systems by 4.5% during the 2nd quarter. Postrock Partners LLC now owns 3,480 shares of the network equipment provider's stock valued at $241,000 after acquiring an additional 150 shares during the period. Pacifica Partners Inc. raised its holdings in shares of Cisco Systems by 0.5% during the second quarter. Pacifica Partners Inc. now owns 34,060 shares of the network equipment provider's stock valued at $2,338,000 after purchasing an additional 155 shares during the last quarter. Pacific Sage Partners LLC lifted its position in Cisco Systems by 0.9% during the second quarter. Pacific Sage Partners LLC now owns 16,746 shares of the network equipment provider's stock valued at $1,162,000 after purchasing an additional 156 shares during the period. Ashton Thomas Securities LLC boosted its holdings in Cisco Systems by 2.9% in the first quarter. Ashton Thomas Securities LLC now owns 5,654 shares of the network equipment provider's stock worth $349,000 after purchasing an additional 159 shares during the last quarter. Finally, Central Valley Advisors LLC boosted its holdings in Cisco Systems by 2.6% in the second quarter. Central Valley Advisors LLC now owns 6,303 shares of the network equipment provider's stock worth $437,000 after purchasing an additional 159 shares during the last quarter. Hedge funds and other institutional investors own 73.33% of the company's stock.

Insider Activity at Cisco Systems

In related news, EVP Oliver Tuszik sold 17,526 shares of the company's stock in a transaction on Friday, September 19th. The shares were sold at an average price of $67.95, for a total value of $1,190,891.70. Following the completion of the transaction, the executive vice president owned 198,855 shares of the company's stock, valued at approximately $13,512,197.25. This represents a 8.10% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, EVP Thimaya K. Subaiya sold 7,511 shares of the firm's stock in a transaction dated Wednesday, August 20th. The shares were sold at an average price of $66.84, for a total value of $502,035.24. Following the sale, the executive vice president directly owned 161,467 shares in the company, valued at approximately $10,792,454.28. This represents a 4.44% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 82,965 shares of company stock worth $5,559,996 in the last 90 days. Company insiders own 0.01% of the company's stock.

Cisco Systems Stock Performance

Shares of CSCO opened at $67.72 on Tuesday. Cisco Systems, Inc. has a 52 week low of $52.11 and a 52 week high of $72.55. The company has a quick ratio of 0.91, a current ratio of 1.00 and a debt-to-equity ratio of 0.49. The stock has a market cap of $267.71 billion, a price-to-earnings ratio of 25.85, a PEG ratio of 2.83 and a beta of 0.99. The business has a 50-day simple moving average of $68.11 and a two-hundred day simple moving average of $64.41.

Cisco Systems (NASDAQ:CSCO - Get Free Report) last announced its quarterly earnings data on Wednesday, August 13th. The network equipment provider reported $0.99 earnings per share (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 company had revenue of $14.67 billion during the quarter, compared to the consensus estimate of $14.63 billion. During the same period in the previous year, the company posted $0.87 EPS. The firm's revenue was up 7.6% on a year-over-year basis. 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 expect that Cisco Systems, Inc. will post 3.04 EPS for the current year.

Cisco Systems Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 22nd. Stockholders of record on Friday, October 3rd will be given a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a dividend yield of 2.4%. The ex-dividend date is Friday, October 3rd. Cisco Systems's dividend payout ratio (DPR) is presently 62.60%.

Analysts Set New Price Targets

CSCO has been the subject of a number of research reports. Evercore ISI boosted their target price on shares of Cisco Systems from $72.00 to $74.00 and gave the company an "in-line" rating in a research note on Thursday, August 14th. Piper Sandler upped their price objective on Cisco Systems from $64.00 to $70.00 and gave the company a "neutral" rating in a research report on Thursday, August 14th. Wolfe Research started coverage on Cisco Systems in a research report on Tuesday, July 8th. They issued a "peer perform" rating on the stock. Barclays boosted their price target on Cisco Systems from $66.00 to $71.00 and gave the company an "equal weight" rating in a research note on Thursday, August 14th. Finally, Wall Street Zen cut shares of Cisco Systems from a "strong-buy" rating to a "buy" rating in a research note on Saturday, July 12th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and ten have assigned a Hold rating to the stock. According to MarketBeat.com, Cisco Systems presently has an average rating of "Moderate Buy" and a consensus target price of $74.53.

Cisco Systems Company Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.