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Rep. Lisa C. McClain Purchases Shares of Cisco Systems, Inc. (NASDAQ:CSCO)

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Key Points

  • Representative Lisa C. McClain purchased between $1,001 and $15,000 in shares of Cisco Systems (NASDAQ:CSCO) on July 22nd, which was disclosed in a filing on August 13th.
  • Cisco reported a quarterly earnings of $0.99 per share, surpassing analysts' expectations by $0.01, and a revenue of $14.67 billion, indicating a 7.6% year-over-year increase.
  • The company also declared a quarterly dividend of $0.41 per share, set to be paid on October 22nd, representing an annualized yield of 2.5% with a payout ratio of 66.94%.
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Representative Lisa C. McClain (R-Michigan) recently bought shares of Cisco Systems, Inc. NASDAQ: CSCO. In a filing disclosed on August 13th, the Representative disclosed that they had bought between $1,001 and $15,000 in Cisco Systems stock on July 22nd. The trade occurred in the Representative's "CHARLES SCHWAB BROKERAGE ACCOUNT 924" account.

Representative Lisa C. McClain also recently made the following trade(s):

  • Sold $1,001 - $15,000 in shares of Autoliv NYSE: ALV on 8/4/2025.
  • Sold $1,001 - $15,000 in shares of Amazon.com NASDAQ: AMZN on 8/4/2025.
  • Sold $1,001 - $15,000 in shares of Applied Materials NASDAQ: AMAT on 8/4/2025.
  • Sold $1,001 - $15,000 in shares of Arthur J. Gallagher & Co. NYSE: AJG on 8/4/2025.
  • Sold $1,001 - $15,000 in shares of SAP NYSE: SAP on 7/22/2025.
  • Purchased $1,001 - $15,000 in shares of XPO NYSE: XPO on 7/22/2025.
  • Purchased $1,001 - $15,000 in shares of Lithia Motors NYSE: LAD on 7/22/2025.
  • Sold $1,001 - $15,000 in shares of Sanofi NASDAQ: SNY on 7/22/2025.
  • Sold $1,001 - $15,000 in shares of Waters NYSE: WAT on 7/22/2025.
  • Purchased $1,001 - $15,000 in shares of Group 1 Automotive NYSE: GPI on 7/22/2025.

Cisco Systems Stock Performance

CSCO stock traded down $3.10 during mid-day trading on Friday, reaching $66.20. 40,854,477 shares of the stock traded hands, compared to its average volume of 20,656,640. The company has a quick ratio of 0.87, a current ratio of 1.01 and a debt-to-equity ratio of 0.49. Cisco Systems, Inc. has a 52 week low of $47.85 and a 52 week high of $72.55. The business has a 50-day moving average of $67.98 and a two-hundred day moving average of $63.36. The firm has a market capitalization of $262.15 billion, a PE ratio of 25.27, a P/E/G ratio of 3.67 and a beta of 0.91.

Cisco Systems (NASDAQ:CSCO - Get Free Report) last released its quarterly earnings results 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 net margin of 18.45% and a return on equity of 27.02%. The company had revenue of $14.67 billion during the quarter, compared to analysts' expectations of $14.63 billion. During the same period in the prior year, the company earned $0.87 earnings per share. The business's quarterly revenue was up 7.6% compared to the same quarter last year. As a group, equities analysts predict that Cisco Systems, Inc. will post 3.04 EPS for the current fiscal year.

Cisco Systems Announces Dividend

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 2.5%. The ex-dividend date is Friday, October 3rd. Cisco Systems's dividend payout ratio is 66.94%.

Institutional Trading of Cisco Systems

Large investors have recently added to or reduced their stakes in the company. Vanguard Group Inc. grew its stake in shares of Cisco Systems by 1.3% during the second quarter. Vanguard Group Inc. now owns 393,989,568 shares of the network equipment provider's stock valued at $27,334,996,000 after purchasing an additional 5,039,714 shares during the last quarter. State Street Corp grew its stake in shares of Cisco Systems by 0.6% during the second quarter. State Street Corp now owns 194,695,250 shares of the network equipment provider's stock valued at $13,507,956,000 after purchasing an additional 1,067,872 shares during the last quarter. Geode Capital Management LLC grew its stake in shares of Cisco Systems by 1.2% during the second quarter. Geode Capital Management LLC now owns 99,252,395 shares of the network equipment provider's stock valued at $6,864,058,000 after purchasing an additional 1,157,704 shares during the last quarter. Norges Bank bought a new stake in shares of Cisco Systems during the second quarter valued at approximately $3,816,825,000. Finally, Invesco Ltd. grew its stake in shares of Cisco Systems by 3.0% during the second quarter. Invesco Ltd. now owns 48,531,251 shares of the network equipment provider's stock valued at $3,367,098,000 after purchasing an additional 1,414,105 shares during the last quarter. 73.33% of the stock is owned by institutional investors.

Insider Buying and Selling at Cisco Systems

In other Cisco Systems news, CFO Richard Scott Herren sold 15,678 shares of the firm's stock in a transaction that occurred on Tuesday, June 17th. The shares were sold at an average price of $65.52, for a total value of $1,027,222.56. Following the transaction, the chief financial officer directly owned 309,543 shares of the company's stock, valued at approximately $20,281,257.36. This trade represents a 4.82% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, SVP Maria Victoria Wong sold 762 shares of the stock in a transaction on Wednesday, June 11th. The stock was sold at an average price of $64.07, for a total transaction of $48,821.34. Following the completion of the sale, the senior vice president owned 36,937 shares in the company, valued at approximately $2,366,553.59. This trade represents a 2.02% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 77,731 shares of company stock valued at $5,021,519 over the last three months. Insiders own 0.01% of the company's stock.

Analyst Upgrades and Downgrades

CSCO has been the subject of a number of research analyst reports. Hsbc Global Res lowered shares of Cisco Systems from a "strong-buy" rating to a "hold" rating in a research report on Friday. Citigroup upped their price objective on shares of Cisco Systems from $68.00 to $71.00 and gave the company a "buy" rating in a research report on Thursday, May 15th. New Street Research reaffirmed a "neutral" rating and set a $70.00 price objective on shares of Cisco Systems in a research report on Friday, May 16th. Wall Street Zen lowered shares of Cisco Systems from a "strong-buy" rating to a "buy" rating in a research report on Saturday, July 12th. Finally, CICC Research initiated coverage on shares of Cisco Systems in a research report on Monday, July 14th. They issued an "outperform" rating and a $78.00 price target for the company. Ten equities research analysts have rated the stock with a hold rating, fourteen have issued a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat, Cisco Systems has a consensus rating of "Moderate Buy" and an average price target of $74.53.

Read Our Latest Analysis on Cisco Systems

About Representative McClain

Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan's 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027. McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan's 9th Congressional District. She declared candidacy for the 2026 election. Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor's degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.

Cisco Systems Company Profile

(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.

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