First Citizens Bank & Trust Co. Purchases 23,485 Shares of Cisco Systems, Inc. $CSCO

First Citizens Bank & Trust Co. boosted its position in Cisco Systems, Inc. (NASDAQ:CSCO) by 8.1% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 312,280 shares of the network equipment provider’s stock after buying an additional 23,485 shares during the period. First Citizens Bank & Trust Co.’s holdings in Cisco Systems were worth $33,611,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Cozad Asset Management Inc. lifted its stake in shares of Cisco Systems by 0.3% in 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 period. Dogwood Wealth Management LLC increased its stake in shares of Cisco Systems by 3.9% during the second quarter. Dogwood Wealth Management LLC now owns 2,413 shares of the network equipment provider’s stock worth $283,000 after acquiring an additional 90 shares during the period. Green Ridge Wealth Planning LLC increased its stake in shares of Cisco Systems by 1.5% during the third quarter. Green Ridge Wealth Planning LLC now owns 6,017 shares of the network equipment provider’s stock worth $648,000 after acquiring an additional 90 shares during the period. August Group Capital Ltd increased its stake in shares of Cisco Systems by 2.0% during the second quarter. August Group Capital Ltd now owns 4,723 shares of the network equipment provider’s stock worth $555,000 after acquiring an additional 91 shares during the period. Finally, Financial Insights Inc. raised its holdings in Cisco Systems by 1.5% during 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. 73.33% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Cisco Systems

In related news, EVP Thimaya K. Subaiya sold 312 shares of the firm’s stock in a transaction that occurred on Monday, September 14th. The stock was sold at an average price of $110.18, for a total value of $34,376.16. Following the completion of the transaction, the executive vice president directly owned 127,661 shares of the company’s stock, valued at $14,065,688.98. This trade represents a 0.24% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Charles Robbins sold 21,628 shares of Cisco Systems stock in a transaction on Friday, August 14th. The stock was sold at an average price of $111.54, for a total value of $2,412,387.12. Following the transaction, the chief executive officer directly owned 602,710 shares of the company’s stock, valued at approximately $67,226,273.40. This represents a 3.46% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders have sold 44,869 shares of company stock worth $5,005,620. Corporate insiders own 0.01% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently commented on CSCO shares. Barclays raised their price objective on shares of Cisco Systems from $121.00 to $123.00 and gave the company an “equal weight” rating in a research report on Thursday, August 13th. Wall Street Zen upgraded Cisco Systems from a “hold” rating to a “buy” rating in a research report on Sunday. KeyCorp increased their target price on Cisco Systems from $130.00 to $135.00 and gave the stock an “overweight” rating in a research note on Thursday, August 13th. Zacks Research raised Cisco Systems from a “hold” rating to a “strong-buy” rating in a report on Wednesday, September 30th. Finally, Weiss Ratings restated a “buy (b)” rating on shares of Cisco Systems in a research note on Wednesday, August 26th. Three equities research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $128.52.

Key Headlines Impacting Cisco Systems

Here are the key news stories impacting Cisco Systems this week:

• Positive Sentiment: AI networking partnership strengthens growth prospects. Cisco and NVIDIA introduced a new ultra-dense pluggable optics design supporting 400Gb/s-per-lane electrical signals and up to 12.8Tb/s of capacity. The technology is intended to help AI data centers connect large GPU clusters while improving bandwidth density and power efficiency. NVIDIA and Cisco Introduce New Pluggable Optics Form Factor to Scale AI Factories
• Positive Sentiment: Open infrastructure announcements support Cisco’s competitive positioning. At the OCP 2026 summit, Cisco highlighted new silicon, systems and optical products for distributed AI networks, including plans with NVIDIA for an open next-generation optics specification. The announcements reinforce Cisco’s focus on Ethernet-based AI infrastructure and customer choice. Cisco Advances Scalability and Openness at OCP 2026
• Neutral Sentiment: Investor attention remains unusually high. Recent analysis points to a 68% annual gain driven by AI infrastructure orders, networking demand and security growth. Analysts tracked by Quiver Quantitative have a median price target of $130, suggesting continued upside but also more limited room for disappointment at current valuation levels. Should You Buy, Sell, or Hold Cisco Stock After a 68% Rise in a Year?
• Negative Sentiment: Profit-taking and insider selling weigh on sentiment. Commentary attributes recent weakness primarily to valuation concerns and traders locking in gains after the sharp advance, rather than to a new earnings shock. Quiver data also shows 49 reported insider sales and no purchases over the past six months, including sales by senior executives. Mixed institutional positioning and concerns that AI-driven growth could be nearing a peak add to the caution. Why Cisco Systems Stock Is Down

Cisco Systems Stock Down 0.2%

Shares of NASDAQ CSCO opened at $115.07 on Wednesday. The company has a quick ratio of 0.79, a current ratio of 0.93 and a debt-to-equity ratio of 0.39. Cisco Systems, Inc. has a 52 week low of $66.81 and a 52 week high of $130.37. The firm has a 50-day moving average price of $112.04 and a 200 day moving average price of $108.45. The stock has a market capitalization of $453.67 billion, a price-to-earnings ratio of 34.45, a price-to-earnings-growth ratio of 2.40 and a beta of 0.99.

Cisco Systems (NASDAQ:CSCO) last released its quarterly earnings data on Wednesday, August 12th. The network equipment provider reported $1.22 EPS for the quarter, topping analysts’ consensus estimates of $1.17 by $0.05. Cisco Systems had a net margin of 20.95% and a return on equity of 30.16%. The firm had revenue of $17.25 billion for the quarter, compared to the consensus estimate of $16.84 billion. During the same quarter in the previous year, the firm earned $0.99 earnings per share. The firm’s revenue was up 17.6% on a year-over-year basis. Cisco Systems has set its FY 2027 guidance at 5.050-5.110 EPS and its Q1 2027 guidance at 1.320-1.340 EPS. Equities research analysts anticipate that Cisco Systems, Inc. will post 4.42 EPS for the current fiscal year.

Cisco Systems Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 21st. Stockholders of record on Friday, October 2nd will be given a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a dividend yield of 1.5%. The ex-dividend date is Friday, October 2nd. Cisco Systems’s dividend payout ratio (DPR) is presently 50.30%.

About Cisco Systems

Cisco Systems, Inc is a global technology company that develops networking, cybersecurity, collaboration, observability and data center solutions. Its products and services help businesses, governments, educational institutions and other organizations connect users and devices, manage infrastructure, protect digital environments and support cloud-based operations.

Cisco’s portfolio includes routers and switches, wireless networking equipment, network management software, firewalls, identity and access tools, endpoint security products, collaboration applications and observability platforms.