Thimaya Subaiya Sells 1,744 Shares of Cisco Systems (NASDAQ:CSCO) Stock

Key Points

• Thimaya Subaiya, EVP of Cisco Systems, sold 1,744 shares at an average price of $66.78, resulting in a total transaction value of $116,464.32 and a 1.09% decrease in their holdings.
• Cisco reported $0.99 earnings per share for its last quarter, exceeding estimates and showing a 7.6% year-over-year revenue increase, with projected EPS for FY 2026 set between 4.000-4.060.
• The company declared a quarterly dividend of $0.41 per share, with a yield of 2.4%, to be paid on October 22nd to investors of record on October 3rd.

Cisco Systems, Inc. (NASDAQ:CSCO - Get Free Report) EVP Thimaya Subaiya sold 1,744 shares of the business's stock in a transaction that occurred on Friday, September 12th. The stock was sold at an average price of $66.78, for a total value of $116,464.32. Following the transaction, the executive vice president directly owned 158,009 shares in the company, valued at approximately $10,551,841.02. This trade represents a 1.09% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Cisco Systems Stock Performance

Shares of NASDAQ:CSCO traded up $0.49 during trading on Monday, reaching $67.02. 16,198,815 shares of the stock were exchanged, compared to its average volume of 21,058,303. Cisco Systems, Inc. has a 12 month low of $49.78 and a 12 month high of $72.55. The firm has a market cap of $264.94 billion, a PE ratio of 25.58, a PEG ratio of 2.80 and a beta of 0.99. The stock has a 50-day moving average price of $68.24 and a 200-day moving average price of $64.00. The company has a current ratio of 1.00, a quick ratio of 0.91 and a debt-to-equity ratio of 0.49.

Cisco Systems (NASDAQ:CSCO - Get Free Report) last issued its quarterly earnings data on Wednesday, August 13th. The network equipment provider reported $0.99 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.98 by $0.01. The company 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 27.06% and a net margin of 18.45%.The business's revenue was up 7.6% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.87 earnings per share. Cisco Systems has set its Q1 2026 guidance at 0.970-0.990 EPS. FY 2026 guidance at 4.000-4.060 EPS. Research analysts expect that Cisco Systems, Inc. will post 3.04 EPS for the current fiscal year.

Cisco Systems Announces Dividend

The business also recently declared 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 annualized dividend and a dividend yield of 2.4%. The ex-dividend date is Friday, October 3rd. Cisco Systems's payout ratio is 62.60%.

Analysts Set New Price Targets

Several brokerages recently issued reports on CSCO. Evercore ISI boosted their price target on Cisco Systems from $72.00 to $74.00 and gave the company an "in-line" rating in a research note on Thursday, August 14th. Rosenblatt Securities restated a "buy" rating and set a $87.00 target price on shares of Cisco Systems in a research note on Thursday, August 14th. Morgan Stanley upped their target price on Cisco Systems from $67.00 to $70.00 and gave the stock an "overweight" rating in a research note on Friday, July 18th. UBS Group upped their price target on shares of Cisco Systems from $70.00 to $74.00 and gave the stock a "neutral" rating in a report on Tuesday, August 5th. Finally, Wolfe Research began coverage on shares of Cisco Systems in a report on Tuesday, July 8th. They set a "peer perform" rating for the company. One investment 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 company. According to data from MarketBeat.com, Cisco Systems has a consensus rating of "Moderate Buy" and a consensus target price of $74.53.

Institutional Trading of Cisco Systems

A number of institutional investors have recently bought and sold shares of the company. Postrock Partners LLC boosted its position in 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 acquiring an additional 150 shares during the last quarter. Mount Vernon Associates Inc. MD boosted its position in shares of Cisco Systems by 0.4% during the 2nd quarter. Mount Vernon Associates Inc. MD now owns 41,379 shares of the network equipment provider's stock worth $2,871,000 after purchasing an additional 150 shares in the last quarter. Old North State Trust LLC boosted its position in shares of Cisco Systems by 0.6% during the 2nd quarter. Old North State Trust LLC now owns 24,534 shares of the network equipment provider's stock worth $1,702,000 after purchasing an additional 151 shares in the last quarter. Lion Street Advisors LLC boosted its position in shares of Cisco Systems by 0.7% during the 2nd 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 boosted its position in shares of Cisco Systems by 1.5% during the 2nd 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 own 73.33% of the company's stock.

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.

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