Cisco Systems, Inc. $CSCO Shares Newly Purchased by Bernicke Wealth Management Ltd.

Bernicke Wealth Management Ltd. bought a new stake in Cisco Systems, Inc. (NASDAQ:CSCO – Free Report) during the third quarter, HoldingsChannel.com reports. The fund bought 9,288 shares of the network equipment provider’s stock, valued at approximately $1,000,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of CSCO. Cozad Asset Management Inc. boosted its position in Cisco Systems by 0.3% during the 1st quarter. Cozad Asset Management Inc. now owns 26,203 shares of the network equipment provider’s stock worth $2,033,000 after acquiring an additional 87 shares during the last quarter. Dogwood Wealth Management LLC raised its holdings in shares of Cisco Systems by 3.9% in the second quarter. Dogwood Wealth Management LLC now owns 2,413 shares of the network equipment provider’s stock valued at $283,000 after purchasing an additional 90 shares during the last quarter. Green Ridge Wealth Planning LLC raised its holdings in shares of Cisco Systems by 1.5% in the third quarter. Green Ridge Wealth Planning LLC now owns 6,017 shares of the network equipment provider’s stock valued at $648,000 after purchasing an additional 90 shares during the last quarter. August Group Capital Ltd raised its holdings in shares of Cisco Systems by 2.0% in the second quarter. August Group Capital Ltd now owns 4,723 shares of the network equipment provider’s stock valued at $555,000 after purchasing an additional 91 shares during the last quarter. Finally, Financial Insights Inc. lifted its position in shares of Cisco Systems by 1.5% in the first quarter. Financial Insights Inc. now owns 6,220 shares of the network equipment provider’s stock worth $483,000 after purchasing an additional 92 shares in the last quarter. Institutional investors and hedge funds own 73.33% of the company’s stock.

Insider Transactions at Cisco Systems

In related news, EVP Thimaya Subaiya sold 312 shares of Cisco Systems stock in a transaction dated Monday, September 14th. The shares were sold at an average price of $110.18, for a total transaction of $34,376.16. Following the completion of the sale, the executive vice president owned 127,661 shares of the company’s stock, valued at approximately $14,065,688.98. The trade was a 0.24% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Oliver Tuszik sold 680 shares of Cisco Systems stock in a transaction dated Monday, September 14th. The stock was sold at an average price of $110.18, for a total transaction of $74,922.40. Following the sale, the executive vice president directly owned 163,337 shares of the company’s stock, valued at $17,996,470.66. The trade was a 0.41% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders have sold 6,824 shares of company stock valued at $759,392. 0.01% of the stock is currently owned by corporate insiders.

Cisco Systems News Summary

These are some of the CSCO news items that stood out recently:

  • Positive Sentiment: Cisco reported revenue of $18.5 billion and adjusted EPS of $1.40, beating estimates. It raised fiscal 2027 revenue guidance to $74.8–$75.8 billion and EPS guidance to $5.47–$5.53, and lifted its AI revenue target to $9 billion. Strong AI-infrastructure and networking demand underpin the outlook. Reuters: Cisco raises annual revenue forecast
  • Positive Sentiment: Management characterized the sequential decline in its second-quarter revenue outlook as seasonal rather than a sign of weakening demand, and emphasized the company’s profitability. Cisco CEO comments on guidance and profitability
  • Negative Sentiment: Fiscal Q1 product orders rose 21%, but missed expectations and slowed from the prior period, raising questions about the pace of demand growth. Yahoo Finance: Cisco down on expectations miss

Cisco Systems Stock Down 6.2%

CSCO opened at $95.64 on Friday. Cisco Systems, Inc. has a 1-year low of $72.80 and a 1-year high of $130.37. The stock’s fifty day simple moving average is $107.76 and its 200 day simple moving average is $102.21. The company has a current ratio of 0.93, a quick ratio of 0.79 and a debt-to-equity ratio of 0.39. The stock has a market cap of $377.07 billion, a PE ratio of 25.44, a price-to-earnings-growth ratio of 2.09 and a beta of 1.01.

Cisco Systems (NASDAQ:CSCO – Get Free Report) last released its quarterly earnings data on Thursday, November 12th. The network equipment provider reported $1.40 EPS for the quarter, topping analysts’ consensus estimates of $1.33 by $0.07. Cisco Systems had a net margin of 22.34% and a return on equity of 33.06%. The firm had revenue of $18.52 billion during the quarter, compared to analysts’ expectations of $18.12 billion. During the same period in the previous year, the business posted $1.00 earnings per share. Cisco Systems has set its Q2 2027 guidance at 1.340-1.360 EPS and its FY 2027 guidance at 5.470-5.530 EPS. As a group, research analysts expect that Cisco Systems, Inc. will post 4.48 earnings per share for the current year.

Cisco Systems Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 20th. Stockholders of record on Monday, January 4th will be paid a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date is Monday, January 4th. Cisco Systems’s dividend payout ratio (DPR) is currently 50.30%.

Analyst Ratings Changes

Several research analysts recently commented on CSCO shares. UBS Group increased their target price on shares of Cisco Systems from $132.00 to $138.00 and gave the stock a “buy” rating in a report on Thursday, August 13th. Freedom Capital raised shares of Cisco Systems from a “hold” rating to a “strong-buy” rating in a research report on Sunday, August 16th. Morgan Stanley lowered shares of Cisco Systems from an “overweight” rating to an “equal weight” rating and lowered their price target for the company from $135.00 to $120.00 in a research note on Thursday, November 5th. KeyCorp boosted their price target on shares of Cisco Systems from $130.00 to $135.00 and gave the stock an “overweight” rating in a research report on Thursday, August 13th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Cisco Systems in a research note on Wednesday, August 26th. Three research analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and eight have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $125.64.

View Our Latest Analysis on Cisco Systems

Cisco Systems Profile

(Free Report)

Cisco Systems, Inc. develops networking, cybersecurity, collaboration and observability technologies for businesses, governments and other organizations. Its products include routers, switches, wireless systems and data center infrastructure, along with security software and services that help organizations connect and protect their networks. The company also provides collaboration tools through its Webex platform and observability capabilities through its software offerings, including technology from Splunk, which Cisco acquired in 2024.

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Institutional Ownership by Quarter for Cisco Systems (NASDAQ:CSCO)

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