Insider Selling: Cisco Systems (NASDAQ:CSCO) CEO Sells 203,838 Shares of Stock

Cisco Systems, Inc. (NASDAQ:CSCO) CEO Charles Robbins sold 203,838 shares of the firm’s stock in a transaction dated Friday, November 14th. The shares were sold at an average price of $77.82, for a total transaction of $15,862,673.16. Following the completion of the sale, the chief executive officer owned 1,102,747 shares of the company’s stock, valued at $85,815,771.54. The trade was a 15.60% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link.

Charles Robbins also recently made the following trade(s):

• On Tuesday, November 18th, Charles Robbins sold 116,734 shares of Cisco Systems stock. The stock was sold at an average price of $77.30, for a total transaction of $9,023,538.20.
• On Monday, November 17th, Charles Robbins sold 281,860 shares of Cisco Systems stock. The shares were sold at an average price of $78.35, for a total transaction of $22,083,731.00.

Cisco Systems Trading Down 0.5%

CSCO stock traded down $0.41 during trading on Tuesday, hitting $77.37. The company had a trading volume of 26,018,839 shares, compared to its average volume of 21,124,307. The firm has a 50-day moving average price of $70.08 and a 200-day moving average price of $67.70. Cisco Systems, Inc. has a 12 month low of $52.11 and a 12 month high of $79.50. The company has a quick ratio of 0.91, a current ratio of 1.00 and a debt-to-equity ratio of 0.49. The stock has a market cap of $304.89 billion, a price-to-earnings ratio of 29.53, a PEG ratio of 3.00 and a beta of 0.95.

Cisco Systems (NASDAQ:CSCO) last released its earnings results on Wednesday, November 12th. The network equipment provider reported $1.00 EPS for the quarter, beating the consensus estimate of $0.98 by $0.02. Cisco Systems had a return on equity of 27.06% and a net margin of 18.45%.The company had revenue of $14.88 billion during the quarter, compared to analysts’ expectations of $14.77 billion. During the same period last year, the firm earned $0.91 EPS. The business’s revenue for the quarter was up 7.5% on a year-over-year basis. Cisco Systems has set its FY 2026 guidance at 4.080-4.140 EPS. Q2 2026 guidance at 1.010-1.030 EPS. As a group, analysts predict that Cisco Systems, Inc. will post 3.04 earnings per share for the current year.

Cisco Systems Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 21st. Investors of record on Friday, January 2nd will be issued a $0.41 dividend. This represents a $1.64 annualized dividend and a yield of 2.1%. The ex-dividend date is Friday, January 2nd. Cisco Systems’s dividend payout ratio is currently 61.65%.

Hedge Funds Weigh In On Cisco Systems

Several institutional investors have recently modified their holdings of CSCO. Benchmark Financial Wealth Advisors LLC raised its position in Cisco Systems by 1.4% in the 3rd quarter. Benchmark Financial Wealth Advisors LLC now owns 10,449 shares of the network equipment provider’s stock valued at $715,000 after buying an additional 142 shares during the last quarter. Cobblestone Capital Advisors LLC NY raised its holdings in shares of Cisco Systems by 0.6% in the third quarter. Cobblestone Capital Advisors LLC NY now owns 24,622 shares of the network equipment provider’s stock valued at $1,685,000 after purchasing an additional 142 shares during the last quarter. Yoder Wealth Management Inc. lifted its position in shares of Cisco Systems by 3.8% in the third quarter. Yoder Wealth Management Inc. now owns 3,945 shares of the network equipment provider’s stock worth $270,000 after purchasing an additional 143 shares in the last quarter. Weaver Consulting Group boosted its holdings in Cisco Systems by 1.5% during the third quarter. Weaver Consulting Group now owns 9,940 shares of the network equipment provider’s stock worth $680,000 after purchasing an additional 145 shares during the last quarter. Finally, KKM Financial LLC grew its position in Cisco Systems by 1.9% in the third quarter. KKM Financial LLC now owns 7,971 shares of the network equipment provider’s stock valued at $545,000 after purchasing an additional 145 shares in the last quarter. Institutional investors own 73.33% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on CSCO shares. Argus lifted their target price on shares of Cisco Systems from $80.00 to $100.00 in a report on Thursday, November 13th. KeyCorp raised their price target on Cisco Systems from $77.00 to $87.00 and gave the stock an “overweight” rating in a research report on Thursday, November 13th. Bank of America upped their price objective on Cisco Systems from $85.00 to $95.00 and gave the company a “buy” rating in a report on Thursday, November 13th. Rosenblatt Securities increased their target price on Cisco Systems from $87.00 to $100.00 and gave the company a “buy” rating in a research note on Thursday, November 13th. Finally, Citigroup boosted their target price on Cisco Systems from $80.00 to $85.00 and gave the stock a “buy” rating in a research report on Thursday, November 13th. Seventeen research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $84.14.

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.