Maria Victoria Wong Sells 475 Shares of Cisco Systems (NASDAQ:CSCO) Stock

Key Points

• Maria Victoria Wong, Senior Vice President of Cisco Systems, sold 475 shares of the company on August 15th for a total of $32,589.75, resulting in a 1.35% decrease in her position.
• Cisco Systems reported earnings of $0.99 per share for the last quarter, slightly exceeding analyst expectations, with revenues totaling $14.67 billion, up 7.6% year-over-year.
• The company declared a quarterly dividend of $0.41 per share, set to be paid on October 22nd, yielding an annualized dividend of $1.64 and a yield of 2.5%.

Cisco Systems, Inc. (NASDAQ:CSCO - Get Free Report) SVP Maria Victoria Wong sold 475 shares of the business's stock in a transaction on Friday, August 15th. The shares were sold at an average price of $68.61, for a total transaction of $32,589.75. Following the completion of the transaction, the senior vice president directly owned 34,630 shares of the company's stock, valued at $2,375,964.30. This trade represents a 1.35% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Maria Victoria Wong also recently made the following trade(s):

• On Wednesday, June 11th, Maria Victoria Wong sold 762 shares of Cisco Systems stock. The shares were sold at an average price of $64.07, for a total transaction of $48,821.34.
• On Wednesday, May 28th, Maria Victoria Wong sold 4,185 shares of Cisco Systems stock. The shares were sold at an average price of $63.51, for a total transaction of $265,789.35.

Cisco Systems Stock Performance

Shares of CSCO stock traded down $0.19 on Tuesday, reaching $66.76. The stock had a trading volume of 18,715,834 shares, compared to its average volume of 22,204,710. The company has a quick ratio of 0.92, a current ratio of 1.01 and a debt-to-equity ratio of 0.49. The firm has a market capitalization of $264.37 billion, a price-to-earnings ratio of 25.48, a P/E/G ratio of 2.87 and a beta of 0.91. The firm's 50-day moving average is $68.04 and its two-hundred day moving average is $63.44. Cisco Systems, Inc. has a 12 month low of $47.85 and a 12 month high of $72.55.

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 for the quarter, beating the consensus estimate of $0.98 by $0.01. The firm had revenue of $14.67 billion during the quarter, compared to analysts' expectations of $14.63 billion. Cisco Systems had a return on equity of 27.02% and a net margin of 18.45%.The company's quarterly revenue was up 7.6% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.87 EPS. 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, research analysts expect that Cisco Systems, Inc. will post 3.04 EPS for the current fiscal year.

Cisco Systems Dividend Announcement

The company 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 yield of 2.5%. The ex-dividend date of this dividend is Friday, October 3rd. Cisco Systems's dividend payout ratio (DPR) is 62.60%.

Analyst Upgrades and Downgrades

Several brokerages have commented on CSCO. HSBC restated a "hold" rating and set a $69.00 price objective on shares of Cisco Systems in a research report on Friday. Wells Fargo & Company boosted their target price on shares of Cisco Systems from $75.00 to $83.00 and gave the stock an "overweight" rating in a research note on Thursday, August 14th. Deutsche Bank Aktiengesellschaft upgraded shares of Cisco Systems from a "hold" rating to a "buy" rating and lifted their price target for the stock from $65.00 to $73.00 in a report on Monday, June 16th. Wall Street Zen lowered shares of Cisco Systems from a "strong-buy" rating to a "buy" rating in a report on Saturday, July 12th. Finally, CICC Research assumed coverage on shares of Cisco Systems in a report on Monday, July 14th. They set an "outperform" rating and a $78.00 price target on the stock. One analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and ten have assigned a Hold rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $74.53.

Hedge Funds Weigh In On Cisco Systems

A number of hedge funds have recently added to or reduced their stakes in CSCO. Postrock Partners LLC lifted its position in shares of Cisco Systems by 4.5% during the second quarter. Postrock Partners LLC now owns 3,480 shares of the network equipment provider's stock valued at $241,000 after purchasing an additional 150 shares in the last quarter. Mount Vernon Associates Inc. MD raised its position in Cisco Systems by 0.4% in the second quarter. Mount Vernon Associates Inc. MD now owns 41,379 shares of the network equipment provider's stock worth $2,871,000 after acquiring an additional 150 shares during the period. Old North State Trust LLC raised its position in Cisco Systems by 0.6% in the second quarter. Old North State Trust LLC now owns 24,534 shares of the network equipment provider's stock worth $1,702,000 after acquiring an additional 151 shares during the period. Lion Street Advisors LLC increased its stake in shares of Cisco Systems by 0.7% in the second quarter. Lion Street Advisors LLC now owns 20,694 shares of the network equipment provider's stock worth $1,436,000 after purchasing an additional 152 shares in the last quarter. Finally, Boyd Watterson Asset Management LLC OH increased its stake in shares of Cisco Systems by 1.5% in the second quarter. Boyd Watterson Asset Management LLC OH now owns 10,445 shares of the network equipment provider's stock worth $725,000 after purchasing an additional 152 shares in the last quarter. Institutional investors and hedge funds own 73.33% of the company's stock.

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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