Representative Jefferson Shreve (R-Indiana) recently sold shares of Cisco Systems, Inc. NASDAQ: CSCO. In a filing disclosed on June 22nd, the Representative disclosed that they had sold between $50,001 and $100,000 in Cisco Systems stock on May 12th. The trade occurred in the Representative's "CRT - STANDARD UNIT TRUST" account.
Representative Jefferson Shreve also recently made the following trade(s):
- Sold $15,001 - $50,000 in shares of Hubbell NYSE: HUBB on 5/12/2025.
- Sold $50,001 - $100,000 in shares of Trane Technologies NYSE: TT on 5/12/2025.
- Sold $15,001 - $50,000 in shares of RTX NYSE: RTX on 5/12/2025.
- Sold $50,001 - $100,000 in shares of NiSource NYSE: NI on 5/12/2025.
- Sold $50,001 - $100,000 in shares of Johnson & Johnson NYSE: JNJ on 5/12/2025.
- Sold $15,001 - $50,000 in shares of AppLovin NASDAQ: APP on 5/12/2025.
- Sold $15,001 - $50,000 in shares of Fiserv NYSE: FI on 5/12/2025.
- Sold $15,001 - $50,000 in shares of CNO Financial Group NYSE: CNO on 5/12/2025.
- Sold $50,001 - $100,000 in shares of Cboe Global Markets NASDAQ: CBOE on 5/12/2025.
- Sold $15,001 - $50,000 in shares of Lam Research NASDAQ: LRCX on 5/12/2025.
Cisco Systems Stock Up 0.6%
CSCO stock traded up $0.40 during mid-day trading on Friday, hitting $68.69. The stock had a trading volume of 11,589,031 shares, compared to its average volume of 17,593,400. Cisco Systems, Inc. has a 1-year low of $44.50 and a 1-year high of $69.78. The company has a fifty day moving average of $66.33 and a 200 day moving average of $62.35. The company has a current ratio of 0.95, a quick ratio of 0.87 and a debt-to-equity ratio of 0.50. The stock has a market capitalization of $272.01 billion, a price-to-earnings ratio of 28.04, a PEG ratio of 4.09 and a beta of 0.90.
Cisco Systems (NASDAQ:CSCO - Get Free Report) last released its quarterly earnings data on Wednesday, May 14th. The network equipment provider reported $0.96 EPS for the quarter, topping analysts' consensus estimates of $0.92 by $0.04. The firm had revenue of $14.15 billion for the quarter, compared to the consensus estimate of $14.05 billion. Cisco Systems had a return on equity of 26.48% and a net margin of 17.60%. The firm's revenue was up 11.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.88 earnings per share. On average, equities analysts expect that Cisco Systems, Inc. will post 3.04 EPS for the current fiscal year.
Cisco Systems Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Wednesday, July 23rd. Shareholders of record on Thursday, July 3rd were paid a $0.41 dividend. The ex-dividend date was Thursday, July 3rd. This represents a $1.64 dividend on an annualized basis and a yield of 2.39%. Cisco Systems's dividend payout ratio (DPR) is currently 66.94%.
Institutional Inflows and Outflows
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in CSCO. Kellett Wealth Advisors LLC lifted its holdings in shares of Cisco Systems by 21.8% during the second quarter. Kellett Wealth Advisors LLC now owns 4,247 shares of the network equipment provider's stock valued at $295,000 after acquiring an additional 761 shares during the period. Heartland Bank & Trust Co lifted its holdings in Cisco Systems by 11.2% during the 2nd quarter. Heartland Bank & Trust Co now owns 5,179 shares of the network equipment provider's stock valued at $359,000 after purchasing an additional 520 shares during the last quarter. NorthRock Partners LLC lifted its holdings in Cisco Systems by 7.8% during the 2nd quarter. NorthRock Partners LLC now owns 59,993 shares of the network equipment provider's stock valued at $4,162,000 after purchasing an additional 4,363 shares during the last quarter. Priebe Wealth Holdings LLC boosted its position in Cisco Systems by 15.0% in the second quarter. Priebe Wealth Holdings LLC now owns 5,600 shares of the network equipment provider's stock valued at $389,000 after buying an additional 730 shares in the last quarter. Finally, Oregon Public Employees Retirement Fund grew its stake in Cisco Systems by 0.5% during the second quarter. Oregon Public Employees Retirement Fund now owns 343,758 shares of the network equipment provider's stock worth $23,850,000 after buying an additional 1,647 shares during the last quarter. Institutional investors own 73.33% of the company's stock.
Insider Activity at Cisco Systems
In other Cisco Systems news, insider Jeetendra I. Patel sold 899 shares of the business's stock in a transaction on Thursday, June 12th. The stock was sold at an average price of $64.27, for a total value of $57,778.73. Following the transaction, the insider owned 255,377 shares of the company's stock, valued at approximately $16,413,079.79. The trade was a 0.35% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, EVP Deborah L. Stahlkopf sold 2,407 shares of the firm's stock in a transaction on Wednesday, June 11th. The shares were sold at an average price of $64.01, for a total value of $154,072.07. Following the completion of the sale, the executive vice president owned 177,027 shares of the company's stock, valued at approximately $11,331,498.27. This trade represents a 1.34% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders have sold 97,335 shares of company stock valued at $6,271,054. Insiders own 0.01% of the company's stock.
Analyst Ratings Changes
Several equities research analysts recently issued reports on the stock. CICC Research began coverage on shares of Cisco Systems in a research note on Monday, July 14th. They issued an "outperform" rating and a $78.00 price objective for the company. Rosenblatt Securities raised their price objective on Cisco Systems from $63.00 to $74.00 and gave the company a "buy" rating in a research note on Thursday, May 15th. Piper Sandler increased their price target on Cisco Systems from $60.00 to $64.00 and gave the company a "neutral" rating in a report on Thursday, May 15th. Wells Fargo & Company upgraded shares of Cisco Systems from an "equal weight" rating to an "overweight" rating and boosted their price objective for the stock from $72.00 to $75.00 in a research note on Thursday, May 15th. Finally, KeyCorp initiated coverage on shares of Cisco Systems in a report on Thursday, June 26th. They set an "overweight" rating and a $77.00 price objective for the company. Seven research analysts have rated the stock with a hold rating, seventeen have issued a buy rating and two have assigned a strong buy rating to the stock. Based on data from MarketBeat, Cisco Systems presently has an average rating of "Moderate Buy" and an average target price of $70.35.
Get Our Latest Research Report on Cisco Systems
About Representative Shreve
Jefferson Shreve (Republican Party) is a member of the U.S. House, representing Indiana's 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Shreve (Republican Party) is running for re-election to the U.S. House to represent Indiana's 6th Congressional District. He declared candidacy for the 2026 election.
Email editor@ballotpedia.org to notify us of updates to this biography.
Jefferson Shreve earned a bachelor's degree from Indiana University in 1989, a graduate degree from the University of London in 1998, and a graduate degree from Purdue University in 2003. Shreve's career experience includes working as a real estate executive.
Shreve was elected 7th District Vice Chairman of the Indiana Republican State Committee on January 17, 2018, and was re-elected on March 6, 2021. In 2020, he was selected as a district-level delegate to the 2020 Republican National Convention.
About Cisco Systems
(
Get Free Report)
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.
Recommended Stories
Before you consider Cisco Systems, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Cisco Systems wasn't on the list.
While Cisco Systems currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat's analysts have just released their top five short plays for August 2025. Learn which stocks have the most short interest and how to trade them. Enter your email address to see which companies made the list.
Get This Free Report
