Insight Inv LLC Sells 21,499 Shares of Cisco Systems, Inc. $CSCO

Insight Inv LLC trimmed its position in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 35.2% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 39,533 shares of the network equipment provider’s stock after selling 21,499 shares during the period. Cisco Systems makes up about 1.8% of Insight Inv LLC’s holdings, making the stock its 13th biggest holding. Insight Inv LLC’s holdings in Cisco Systems were worth $2,743,000 as of its most recent filing with the SEC.

Several other institutional investors also recently bought and sold shares of the company. Postrock Partners LLC lifted its stake in Cisco Systems by 4.5% in the second quarter. Postrock Partners LLC now owns 3,480 shares of the network equipment provider’s stock valued at $241,000 after buying an additional 150 shares during the last quarter. Mount Vernon Associates Inc. MD grew its holdings in Cisco Systems by 0.4% during the second quarter. Mount Vernon Associates Inc. MD now owns 41,379 shares of the network equipment provider’s stock worth $2,871,000 after acquiring an additional 150 shares during the period. Pacifica Partners Inc. grew its holdings in Cisco Systems by 0.5% during the second quarter. Pacifica Partners Inc. now owns 34,060 shares of the network equipment provider’s stock worth $2,338,000 after acquiring an additional 155 shares during the period. Pacific Sage Partners LLC grew its holdings in Cisco Systems by 0.9% in the second quarter. Pacific Sage Partners LLC now owns 16,746 shares of the network equipment provider’s stock valued at $1,162,000 after purchasing an additional 156 shares during the last quarter. Finally, Childress Capital Advisors LLC grew its holdings in Cisco Systems by 0.8% in the second quarter. Childress Capital Advisors LLC now owns 18,806 shares of the network equipment provider’s stock valued at $1,305,000 after purchasing an additional 157 shares during the last quarter. 73.33% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

CSCO has been the subject of a number of research analyst reports. JPMorgan Chase & Co. raised their price target on Cisco Systems from $73.00 to $78.00 and gave the company an “overweight” rating in a research report on Thursday, July 17th. Piper Sandler increased their price objective on Cisco Systems from $64.00 to $70.00 and gave the company a “neutral” rating in a research note on Thursday, August 14th. Morgan Stanley increased their price objective on Cisco Systems from $67.00 to $70.00 and gave the company an “overweight” rating in a research note on Friday, July 18th. Hsbc Global Res lowered Cisco Systems from a “strong-buy” rating to a “hold” rating in a research note on Friday, August 15th. Finally, Wells Fargo & Company increased their price objective on Cisco Systems from $75.00 to $83.00 and gave the company an “overweight” rating in a research note on Thursday, August 14th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and ten have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $74.53.

Cisco Systems Price Performance

Shares of CSCO opened at $70.33 on Thursday. Cisco Systems, Inc. has a 52 week low of $52.11 and a 52 week high of $72.55. The firm has a market cap of $278.03 billion, a price-to-earnings ratio of 26.84, a PEG ratio of 2.90 and a beta of 0.97. The company has a current ratio of 1.00, a quick ratio of 0.91 and a debt-to-equity ratio of 0.49. The stock has a 50 day moving average of $68.18 and a 200-day moving average of $64.75.

Cisco Systems (NASDAQ:CSCO) last announced its earnings results on Wednesday, August 13th. The network equipment provider reported $0.99 earnings per share for the quarter, beating the consensus estimate of $0.98 by $0.01. The firm had revenue of $14.67 billion for the quarter, compared to the consensus estimate of $14.63 billion. Cisco Systems had a return on equity of 27.06% and a net margin of 18.45%.The firm’s revenue for the quarter was up 7.6% on a year-over-year basis. During the same quarter in the previous year, the business 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, analysts forecast that Cisco Systems, Inc. will post 3.04 EPS for the current 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 $0.41 dividend. The ex-dividend date of this dividend is Friday, October 3rd. This represents a $1.64 annualized dividend and a yield of 2.3%. Cisco Systems’s dividend payout ratio is 62.60%.

Insider Transactions at Cisco Systems

In other news, EVP Deborah L. Stahlkopf sold 9,783 shares of the stock in a transaction that occurred on Friday, August 15th. The stock was sold at an average price of $66.60, for a total value of $651,547.80. Following the completion of the transaction, the executive vice president directly owned 161,662 shares of the company’s stock, valued at approximately $10,766,689.20. This represents a 5.71% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, EVP Oliver Tuszik sold 17,526 shares of the stock in a transaction that occurred on Friday, September 19th. The stock was sold at an average price of $67.95, for a total value of $1,190,891.70. Following the sale, the executive vice president owned 198,855 shares in the company, valued at approximately $13,512,197.25. This trade represents a 8.10% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 82,965 shares of company stock worth $5,559,996. 0.01% of the stock is currently owned by company insiders.

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.