Cisco Systems, Inc. $CSCO Shares Sold by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC lowered its stake in Cisco Systems, Inc. (NASDAQ:CSCO) by 3.9% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 2,045,560 shares of the network equipment provider’s stock after selling 82,456 shares during the quarter. Commonwealth Equity Services LLC owned about 0.05% of Cisco Systems worth $141,921,000 as of its most recent filing with the SEC.

Several other large investors also recently bought and sold shares of CSCO. Financial Connections Group Inc. grew its holdings in Cisco Systems by 89.4% during the 2nd quarter. Financial Connections Group Inc. now owns 409 shares of the network equipment provider’s stock valued at $28,000 after purchasing an additional 193 shares in the last quarter. Brown Shipley& Co Ltd acquired a new stake in Cisco Systems during the 2nd quarter valued at $32,000. Pandora Wealth Inc. acquired a new stake in shares of Cisco Systems during the first quarter valued at about $31,000. Nova Wealth Management Inc. acquired a new stake in shares of Cisco Systems during the first quarter valued at about $31,000. Finally, Accent Capital Management LLC acquired a new stake in shares of Cisco Systems during the first quarter valued at about $36,000. Institutional investors and hedge funds own 73.33% of the company’s stock.

Cisco Systems Stock Performance

Cisco Systems stock opened at $72.10 on Thursday. The company has a market cap of $284.13 billion, a PE ratio of 27.52, a P/E/G ratio of 3.00 and a beta of 0.97. The company has a fifty day moving average price of $69.12 and a two-hundred day moving average price of $66.63. 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 $52.11 and a 12 month high of $74.84.

Cisco Systems (NASDAQ:CSCO) last posted its quarterly earnings results on Wednesday, August 13th. The network equipment provider reported $0.99 EPS for the quarter, beating the consensus estimate of $0.98 by $0.01. Cisco Systems had a net margin of 18.45% and a return on equity of 27.06%. The business had revenue of $14.67 billion during the quarter, compared to analyst estimates of $14.63 billion. During the same period in the previous year, the business posted $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 expect that Cisco Systems, Inc. will post 3.04 earnings per share for the current year.

Cisco Systems Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, October 22nd. Shareholders of record on Friday, October 3rd were paid a $0.41 dividend. This represents a $1.64 dividend on an annualized basis and a yield of 2.3%. The ex-dividend date was Friday, October 3rd. Cisco Systems’s payout ratio is presently 62.60%.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on CSCO. Weiss Ratings restated a “buy (b)” rating on shares of Cisco Systems in a research note on Thursday, October 30th. Wells Fargo & Company raised their price target on shares of Cisco Systems from $75.00 to $83.00 and gave the stock an “overweight” rating in a research report on Thursday, August 14th. JPMorgan Chase & Co. raised their price target on shares of Cisco Systems from $73.00 to $78.00 and gave the stock an “overweight” rating in a research report on Thursday, July 17th. Morgan Stanley raised their price objective on shares of Cisco Systems from $73.00 to $77.00 and gave the stock an “overweight” rating in a report on Friday, October 10th. Finally, Barclays raised their price objective on shares of Cisco Systems from $66.00 to $71.00 and gave the stock an “equal weight” rating in a report on Thursday, August 14th. One analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $75.50.

Insider Buying and Selling

In related news, EVP Deborah L. Stahlkopf sold 9,783 shares of the business’s stock in a transaction that occurred on Friday, August 15th. The stock was sold at an average price of $66.60, for a total transaction of $651,547.80. Following the completion of the transaction, the executive vice president owned 161,662 shares in the company, valued at $10,766,689.20. The trade was a 5.71% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, EVP Oliver Tuszik sold 17,526 shares of the business’s stock in a transaction on Friday, September 19th. The shares were sold at an average price of $67.95, for a total transaction of $1,190,891.70. Following the transaction, the executive vice president directly owned 198,855 shares of the company’s stock, valued at approximately $13,512,197.25. This trade represents a 8.10% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 82,965 shares of company stock valued at $5,559,996 over the last 90 days. 0.01% of the stock is owned by corporate 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.