Coppell Advisory Solutions LLC boosted its position in shares of Cisco Systems, Inc. (NASDAQ:CSCO – Free Report) by 1,054.6% during the first quarter, Holdings Channel.com reports. The fund owned 47,141 shares of the network equipment provider’s stock after acquiring an additional 43,058 shares during the quarter. Coppell Advisory Solutions LLC’s holdings in Cisco Systems were worth $2,703,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other institutional investors and hedge funds also recently added to or reduced their stakes in CSCO. Mpwm Advisory Solutions LLC bought a new stake in Cisco Systems during the 4th quarter worth approximately $26,000. JDM Financial Group LLC raised its stake in Cisco Systems by 160.4% during the 4th 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 during the period. Pandora Wealth Inc. bought a new stake in Cisco Systems during the 1st quarter worth approximately $31,000. Fairway Wealth LLC grew its holdings in Cisco Systems by 224.7% during the 1st quarter. Fairway Wealth LLC now owns 578 shares of the network equipment provider’s stock valued at $36,000 after buying an additional 400 shares in the last quarter. Finally, Accent Capital Management LLC purchased a new stake in Cisco Systems during the 1st quarter valued at approximately $36,000. Institutional investors own 73.33% of the company’s stock.
Insider Buying and Selling at Cisco Systems
In other news, insider Jeetendra I. Patel sold 9,061 shares of Cisco Systems stock in a transaction on Friday, August 15th. The stock was sold at an average price of $66.60, for a total transaction of $603,462.60. Following the completion of the sale, the insider directly owned 237,405 shares in the company, valued at approximately $15,811,173. This trade represents a 3.68% 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 link. Also, CEO Charles Robbins sold 30,557 shares of Cisco Systems stock in a transaction on Friday, August 15th. The stock was sold at an average price of $66.63, for a total value of $2,036,012.91. Following the sale, the chief executive officer owned 639,000 shares of the company’s stock, valued at approximately $42,576,570. This trade represents a 4.56% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders sold 89,311 shares of company stock valued at $5,916,823. 0.01% of the stock is owned by company insiders.
Analysts Set New Price Targets
Cisco Systems Trading Down 1.6%
CSCO stock opened at $66.90 on Monday. The firm has a fifty day moving average price of $68.44 and a 200 day moving average price of $63.88. Cisco Systems, Inc. has a fifty-two week low of $47.85 and a fifty-two week high of $72.55. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.91 and a current ratio of 1.00. The firm has a market cap of $264.47 billion, a PE ratio of 25.53, a price-to-earnings-growth ratio of 2.81 and a beta of 0.99.
Cisco Systems (NASDAQ:CSCO – Get Free Report) last posted its earnings results on Wednesday, August 13th. The network equipment provider reported $0.99 earnings per share for the quarter, beating analysts’ consensus estimates of $0.98 by $0.01. The firm had revenue of $14.67 billion during the quarter, compared to analyst estimates of $14.63 billion. Cisco Systems had a net margin of 18.45% and a return on equity of 27.06%. Cisco Systems’s revenue for the quarter was up 7.6% compared to the same quarter last year. During the same period last year, the firm 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. Sell-side analysts anticipate that Cisco Systems, Inc. will post 3.04 earnings per share for the current fiscal year.
Cisco Systems Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 22nd. Stockholders of record on Friday, October 3rd will be given a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a dividend yield of 2.5%. The ex-dividend date is Friday, October 3rd. Cisco Systems’s dividend payout ratio (DPR) is 62.60%.
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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