Kercheville Advisors LLC Sells 7,315 Shares of Cisco Systems, Inc. $CSCO

Kercheville Advisors LLC reduced its position in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 34.9% in the third quarter, HoldingsChannel reports. The institutional investor owned 13,615 shares of the network equipment provider’s stock after selling 7,315 shares during the quarter. Kercheville Advisors LLC’s holdings in Cisco Systems were worth $932,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in the company. Brighton Jones LLC lifted its holdings 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 buying an additional 24,562 shares during the period. Revolve Wealth Partners LLC raised its holdings 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 valued at $542,000 after acquiring an additional 2,474 shares in the last quarter. Petrus Trust Company LTA bought a new position in shares of Cisco Systems during the first quarter valued at approximately $221,000. UniSuper Management Pty Ltd lifted its stake in Cisco Systems by 1.9% in the first quarter. UniSuper Management Pty Ltd now owns 1,939,149 shares of the network equipment provider’s stock worth $119,665,000 after acquiring an additional 36,795 shares during the period. Finally, Dynamic Technology Lab Private Ltd purchased a new stake in Cisco Systems in the first quarter worth $618,000. Hedge funds and other institutional investors own 73.33% of the company’s stock.

Insider Transactions at Cisco Systems

In related news, Director Michael D. Capellas sold 10,850 shares of the company’s stock in a transaction dated Friday, December 19th. The shares were sold at an average price of $77.13, for a total value of $836,860.50. Following the transaction, the director owned 146,368 shares in the company, valued at $11,289,363.84. The trade was a 6.90% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Maria Victoria Wong sold 428 shares of the firm’s stock in a transaction dated Thursday, December 11th. The shares were sold at an average price of $80.33, for a total transaction of $34,381.24. Following the sale, the senior vice president owned 32,176 shares of the company’s stock, valued at approximately $2,584,698.08. This represents a 1.31% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 1,044,865 shares of company stock valued at $81,397,635. 0.01% of the stock is currently owned by corporate insiders.

Cisco Systems Trading Down 1.3%

NASDAQ:CSCO opened at $76.04 on Monday. The firm has a market capitalization of $300.44 billion, a P/E ratio of 28.59, a PEG ratio of 2.88 and a beta of 0.87. The company has a debt-to-equity ratio of 0.46, a current ratio of 0.93 and a quick ratio of 0.83. Cisco Systems, Inc. has a one year low of $52.11 and a one year high of $80.82. The company’s 50-day simple moving average is $76.15 and its 200 day simple moving average is $71.13.

Cisco Systems (NASDAQ:CSCO) last released its earnings results on Wednesday, November 12th. The network equipment provider reported $1.00 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.98 by $0.02. Cisco Systems had a net margin of 18.38% and a return on equity of 27.29%. The firm had revenue of $14.88 billion during the quarter, compared to analyst estimates of $14.77 billion. During the same period last year, the business earned $0.91 earnings per share. The business’s revenue was up 7.5% on a year-over-year basis. Cisco Systems has set its FY 2026 guidance at 4.080-4.140 EPS and its Q2 2026 guidance at 1.010-1.030 EPS. As a group, analysts forecast that Cisco Systems, Inc. will post 3.04 EPS for the current fiscal year.

Cisco Systems Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 21st. Shareholders of record on Friday, January 2nd will be issued a $0.41 dividend. This represents a $1.64 annualized dividend and a yield of 2.2%. The ex-dividend date of this dividend is Friday, January 2nd. Cisco Systems’s payout ratio is 61.65%.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on CSCO shares. CICC Research boosted their price objective on shares of Cisco Systems from $78.00 to $84.00 and gave the company an “outperform” rating in a research report on Friday, November 14th. Weiss Ratings reiterated a “buy (b)” rating on shares of Cisco Systems in a research report on Thursday, October 30th. HSBC increased their price target on shares of Cisco Systems from $69.00 to $74.00 and gave the stock a “hold” rating in a research note on Friday, November 14th. Bank of America lifted their price objective on Cisco Systems from $85.00 to $95.00 and gave the company a “buy” rating in a research report on Thursday, November 13th. Finally, President Capital decreased their target price on Cisco Systems from $90.00 to $88.00 in a research report on Wednesday, December 24th. Seventeen analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Cisco Systems currently has a consensus rating of “Moderate Buy” and a consensus target price of $84.70.

About Cisco Systems

Cisco Systems, Inc is a global technology company that designs, manufactures and sells networking hardware, software and telecommunications equipment. Its core business focuses on enabling enterprise and service-provider networks through products such as routers, switches, network security appliances and wireless systems. Over time Cisco has broadened its portfolio to emphasize software-defined networking, cybersecurity, cloud infrastructure and edge computing solutions that help organizations build and manage modern IT environments.

In addition to hardware, Cisco offers a growing range of software platforms and subscription services for network management, security, analytics and collaboration.