Wealth Architects LLC Sells 1,603 Shares of Cisco Systems, Inc. $CSCO

Wealth Architects LLC lowered its position in Cisco Systems, Inc. (NASDAQ:CSCO) by 6.8% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 22,077 shares of the network equipment provider’s stock after selling 1,603 shares during the period. Wealth Architects LLC’s holdings in Cisco Systems were worth $1,532,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. Brighton Jones LLC boosted its stake in Cisco Systems by 49.5% in the 4th quarter. Brighton Jones LLC now owns 74,187 shares of the network equipment provider’s stock worth $4,392,000 after purchasing an additional 24,562 shares during the period. Revolve Wealth Partners LLC boosted its position in shares of Cisco Systems by 37.0% during the fourth quarter. Revolve Wealth Partners LLC now owns 9,156 shares of the network equipment provider’s stock worth $542,000 after acquiring an additional 2,474 shares during the last quarter. GAMMA Investing LLC grew its stake in Cisco Systems by 16.6% during the first quarter. GAMMA Investing LLC now owns 108,871 shares of the network equipment provider’s stock valued at $6,718,000 after acquiring an additional 15,514 shares in the last quarter. Elevation Point Wealth Partners LLC grew its stake in Cisco Systems by 92.7% during the first quarter. Elevation Point Wealth Partners LLC now owns 26,867 shares of the network equipment provider’s stock valued at $1,658,000 after acquiring an additional 12,925 shares in the last quarter. Finally, Azzad Asset Management Inc. ADV increased its holdings in Cisco Systems by 1.3% in the 1st quarter. Azzad Asset Management Inc. ADV now owns 41,627 shares of the network equipment provider’s stock valued at $2,569,000 after acquiring an additional 527 shares during the last quarter. 73.33% of the stock is owned by institutional investors.

Insider Activity

In other Cisco Systems news, insider Jeetendra I. Patel sold 9,061 shares of the firm’s stock in a transaction dated Friday, August 15th. The shares were sold at an average price of $66.60, for a total value of $603,462.60. Following the completion of the sale, the insider owned 237,405 shares of the company’s stock, valued at $15,811,173. This trade represents a 3.68% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Charles Robbins sold 30,557 shares of the company’s stock in a transaction that occurred on Friday, August 15th. The shares were sold at an average price of $66.63, for a total value of $2,036,012.91. Following the transaction, the chief executive officer directly owned 639,000 shares in the company, valued at approximately $42,576,570. This represents a 4.56% decrease in their position. The disclosure for this sale can be found here. Insiders sold 82,965 shares of company stock worth $5,559,996 in the last 90 days. Company insiders own 0.01% of the company’s stock.

Cisco Systems Trading Down 2.9%

Shares of CSCO stock opened at $67.94 on Monday. The company has a market cap of $268.58 billion, a PE ratio of 25.93, a price-to-earnings-growth ratio of 2.86 and a beta of 0.97. Cisco Systems, Inc. has a 1 year low of $52.11 and a 1 year high of $72.55. The stock’s 50 day simple moving average is $68.24 and its two-hundred day simple moving average is $64.90. 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 (NASDAQ:CSCO) last announced its earnings results on Wednesday, August 13th. The network equipment provider reported $0.99 EPS for the quarter, topping analysts’ consensus estimates of $0.98 by $0.01. Cisco Systems had a return on equity of 27.06% and a net margin of 18.45%.The firm had revenue of $14.67 billion during the quarter, compared to analysts’ expectations of $14.63 billion. During the same quarter in the previous year, the business earned $0.87 EPS. The company’s quarterly revenue was up 7.6% on a year-over-year basis. 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 predict that Cisco Systems, Inc. will post 3.04 earnings per share for the current year.

Cisco Systems Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 22nd. Stockholders of record on Friday, October 3rd will be issued 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 dividend payout ratio (DPR) is 62.60%.

Wall Street Analysts Forecast Growth

Several research analysts have commented on the stock. Weiss Ratings reissued a “buy (b-)” rating on shares of Cisco Systems in a report on Wednesday, October 8th. Evercore ISI increased 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 price target on shares of Cisco Systems in a report on Thursday, August 14th. CICC Research began coverage on Cisco Systems in a report on Monday, July 14th. They set an “outperform” rating and a $78.00 price objective on the stock. Finally, HSBC reiterated a “hold” rating and set a $69.00 target price on shares of Cisco Systems in a research report on Friday, August 15th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and ten have given a Hold rating to the stock. According to data from MarketBeat, Cisco Systems presently has an average rating of “Moderate Buy” and an average target price of $74.89.

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.