Insider Selling: Cisco Systems (NASDAQ:CSCO) EVP Sells 2,718 Shares of Stock

Key Points

• Deborah Stahlkopf, EVP of Cisco Systems, sold 2,718 shares at an average price of $68.08, reducing her ownership by 1.70% and leaving her with approximately 157,184 shares valued at about $10.7 million.
• Cisco Systems announced a quarterly dividend of $0.41 per share, set to be paid on October 22nd, with a yield of 2.4% and a payout ratio of 62.60%.
• Analysts have given Cisco an average rating of "Moderate Buy" with a consensus price target of $74.53, with some upgrades reflecting increased optimism about the company's prospects.

Cisco Systems, Inc. (NASDAQ:CSCO - Get Free Report) EVP Deborah Stahlkopf sold 2,718 shares of the company's stock in a transaction dated Thursday, September 11th. The stock was sold at an average price of $68.08, for a total value of $185,041.44. Following the completion of the transaction, the executive vice president directly owned 157,184 shares in the company, valued at approximately $10,701,086.72. The trade was a 1.70% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Cisco Systems Stock Down 0.6%

CSCO traded down $0.44 during midday trading on Thursday, hitting $67.69. 17,486,327 shares of the company's stock traded hands, compared to its average volume of 17,863,076. The stock's fifty day simple moving average is $68.34 and its 200-day simple moving average is $63.95. Cisco Systems, Inc. has a one year low of $48.86 and a one year high of $72.55. The company has a market cap of $267.59 billion, a PE ratio of 25.84, a price-to-earnings-growth ratio of 2.86 and a beta of 0.99. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.00 and a quick ratio of 0.91.

Cisco Systems (NASDAQ:CSCO - Get Free Report) last released its quarterly earnings data on Wednesday, August 13th. The network equipment provider reported $0.99 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.98 by $0.01. Cisco Systems had a net margin of 18.45% and a return on equity of 27.06%. The business had revenue of $14.67 billion during the quarter, compared to analyst estimates of $14.63 billion. During the same quarter in the previous year, the business earned $0.87 EPS. Cisco Systems'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. As a group, equities analysts anticipate that Cisco Systems, Inc. will post 3.04 earnings per share for the current fiscal year.

Cisco Systems Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 22nd. Shareholders of record on Friday, October 3rd will be issued a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date is Friday, October 3rd. Cisco Systems's dividend payout ratio is 62.60%.

Analyst Upgrades and Downgrades

Several analysts recently weighed in on the company. Deutsche Bank Aktiengesellschaft upgraded Cisco Systems from a "hold" rating to a "buy" rating and increased their target price for the company from $65.00 to $73.00 in a research note on Monday, June 16th. UBS Group boosted their price target on shares of Cisco Systems from $70.00 to $74.00 and gave the company a "neutral" rating in a report on Tuesday, August 5th. CICC Research initiated coverage on Cisco Systems in a research report on Monday, July 14th. They issued an "outperform" rating and a $78.00 price target on the stock. Citigroup upped their price objective on shares of Cisco Systems from $68.00 to $71.00 and gave the stock a "buy" rating in a research note on Thursday, May 15th. Finally, Wolfe Research started coverage on Cisco Systems in a report on Tuesday, July 8th. They issued a "peer perform" rating for the company. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and ten have assigned a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $74.53.

Institutional Trading of Cisco Systems

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Bare Financial Services Inc raised its stake in Cisco Systems by 531.0% during the 2nd quarter. Bare Financial Services Inc now owns 366 shares of the network equipment provider's stock worth $25,000 after buying an additional 308 shares during the period. Mpwm Advisory Solutions LLC bought a new position in shares of Cisco Systems during the fourth quarter worth about $26,000. Financial Connections Group Inc. grew its stake in shares of Cisco Systems by 89.4% during the 2nd quarter. Financial Connections Group Inc. now owns 409 shares of the network equipment provider's stock worth $28,000 after acquiring an additional 193 shares in the last quarter. Legacy Investment Solutions LLC acquired a new stake in Cisco Systems in the 2nd quarter valued at $28,000. Finally, JDM Financial Group LLC raised its holdings in Cisco Systems by 160.4% during the fourth quarter. JDM Financial Group LLC now owns 487 shares of the network equipment provider's stock worth $29,000 after acquiring an additional 300 shares in the last quarter. 73.33% of the stock is owned by institutional investors.

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.

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