Cisco Systems, Inc. $CSCO Shares Sold by Bard Financial Services Inc.

Bard Financial Services Inc. lowered its position in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 0.6% during the second quarter, Holdings Channel reports. The firm owned 151,235 shares of the network equipment provider’s stock after selling 875 shares during the quarter. Cisco Systems makes up about 1.3% of Bard Financial Services Inc.’s portfolio, making the stock its 18th largest holding. Bard Financial Services Inc.’s holdings in Cisco Systems were worth $10,493,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Mpwm Advisory Solutions LLC acquired a new position in Cisco Systems in the 4th quarter valued at about $26,000. JDM Financial Group LLC increased its position in Cisco Systems by 160.4% in the 4th quarter. JDM Financial Group LLC now owns 487 shares of the network equipment provider’s stock valued at $29,000 after acquiring an additional 300 shares during the period. Pandora Wealth Inc. acquired a new position in Cisco Systems in the 1st quarter valued at about $31,000. Nova Wealth Management Inc. acquired a new position in Cisco Systems in the 1st quarter valued at about $31,000. Finally, Fairway Wealth LLC increased its position in Cisco Systems by 224.7% in the 1st quarter. Fairway Wealth LLC now owns 578 shares of the network equipment provider’s stock valued at $36,000 after acquiring an additional 400 shares during the period. Institutional investors and hedge funds own 73.33% of the company’s stock.

Insider Buying and Selling at Cisco Systems

In other news, EVP Thimaya K. Subaiya sold 7,511 shares of the business’s stock in a transaction that occurred on Wednesday, August 20th. The stock was sold at an average price of $66.84, for a total transaction of $502,035.24. Following the sale, the executive vice president owned 161,467 shares of the company’s stock, valued at $10,792,454.28. The trade was a 4.44% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, SVP Maria Victoria Wong sold 428 shares of the business’s stock in a transaction that occurred on Thursday, September 11th. The stock was sold at an average price of $68.25, for a total value of $29,211.00. Following the sale, the senior vice president directly owned 30,619 shares in the company, valued at $2,089,746.75. This trade represents a 1.38% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders have sold 88,099 shares of company stock worth $5,851,765. Corporate insiders own 0.01% of the company’s stock.

Cisco Systems Price Performance

Shares of NASDAQ:CSCO opened at $66.53 on Monday. The business’s 50 day simple moving average is $68.24 and its 200-day simple moving average is $64.00. The firm has a market capitalization of $263.01 billion, a price-to-earnings ratio of 25.39, a price-to-earnings-growth ratio of 2.80 and a beta of 0.99. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.00 and a quick ratio of 0.91. Cisco Systems, Inc. has a 12 month low of $49.67 and a 12 month high of $72.55.

Cisco Systems (NASDAQ:CSCO) last announced its quarterly earnings results on Wednesday, August 13th. The network equipment provider reported $0.99 EPS for the quarter, topping the consensus estimate of $0.98 by $0.01. The business had revenue of $14.67 billion for the quarter, compared to analyst estimates of $14.63 billion. Cisco Systems had a return on equity of 27.06% and a net margin of 18.45%.The company’s quarterly revenue was up 7.6% on a year-over-year basis. During the same quarter in the previous year, the company 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. As a group, equities analysts forecast that Cisco Systems, Inc. will post 3.04 earnings per share 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. Stockholders of record on Friday, October 3rd will be paid a dividend of $0.41 per share. The ex-dividend date of this dividend is Friday, October 3rd. This represents a $1.64 annualized dividend and a dividend yield of 2.5%. Cisco Systems’s payout ratio is 62.60%.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on CSCO. Wall Street Zen cut Cisco Systems from a “strong-buy” rating to a “buy” rating in a research report on Saturday, July 12th. Rosenblatt Securities restated a “buy” rating and issued a $87.00 price target on shares of Cisco Systems in a research report on Thursday, August 14th. Piper Sandler lifted their price objective on Cisco Systems from $64.00 to $70.00 and gave the company a “neutral” rating in a report on Thursday, August 14th. Evercore ISI lifted their price objective on Cisco Systems from $72.00 to $74.00 and gave the company an “in-line” rating in a report on Thursday, August 14th. Finally, KeyCorp began coverage on Cisco Systems in a report on Thursday, June 26th. They issued an “overweight” rating and a $77.00 price objective on the stock. One investment 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 stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $74.53.

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.