36,197 Cisco Systems, Inc. $CSCO Shares Sold by Knights of Columbus Asset Advisors LLC

Knights of Columbus Asset Advisors LLC lessened its stake in Cisco Systems, Inc. (NASDAQ:CSCO) by 16.2% during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 186,723 shares of the network equipment provider’s stock after selling 36,197 shares during the period. Cisco Systems accounts for about 1.0% of Knights of Columbus Asset Advisors LLC’s holdings, making the stock its 17th biggest position. Knights of Columbus Asset Advisors LLC’s holdings in Cisco Systems were worth $20,097,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Manning & Napier Advisors LLC raised its stake in shares of Cisco Systems by 137.0% during the first quarter. Manning & Napier Advisors LLC now owns 346 shares of the network equipment provider’s stock worth $27,000 after purchasing an additional 200 shares during the last quarter. Halbert Hargrove Global Advisors LLC lifted its holdings in shares of Cisco Systems by 142.5% during the third quarter. Halbert Hargrove Global Advisors LLC now owns 257 shares of the network equipment provider’s stock worth $28,000 after purchasing an additional 151 shares during the period. Kings Path Partners LLC acquired a new stake in shares of Cisco Systems during the third quarter worth $31,000. Blueline Advisors LLC purchased a new position in Cisco Systems in the 3rd quarter valued at $32,000. Finally, RMG Wealth Management LLC grew its position in Cisco Systems by 308.7% in the 1st quarter. RMG Wealth Management LLC now owns 425 shares of the network equipment provider’s stock valued at $33,000 after buying an additional 321 shares during the last quarter. Institutional investors and hedge funds own 73.33% of the company’s stock.

Cisco Systems Stock Performance

NASDAQ:CSCO opened at $98.15 on Wednesday. The firm’s fifty day simple moving average is $108.34 and its 200-day simple moving average is $101.87. The company has a quick ratio of 0.79, a current ratio of 0.93 and a debt-to-equity ratio of 0.39. The stock has a market cap of $386.97 billion, a PE ratio of 29.39, a price-to-earnings-growth ratio of 2.05 and a beta of 1.01. Cisco Systems, Inc. has a fifty-two week low of $71.10 and a fifty-two week high of $130.37.

Cisco Systems (NASDAQ:CSCO) last announced its quarterly earnings data on Wednesday, August 12th. The network equipment provider reported $1.22 EPS for the quarter, beating the consensus estimate of $1.17 by $0.05. The firm had revenue of $17.25 billion during the quarter, compared to analysts’ expectations of $16.84 billion. Cisco Systems had a net margin of 20.95% and a return on equity of 30.16%. The business’s revenue for the quarter was up 17.6% compared to the same quarter last year. During the same quarter last year, the business earned $0.99 earnings per share. Analysts expect that Cisco Systems, Inc. will post 4.42 earnings per share for the current fiscal year.

Insider Activity at Cisco Systems

In other Cisco Systems news, EVP Thimaya Subaiya sold 5,832 shares of the stock in a transaction dated Wednesday, August 19th. The shares were sold at an average price of $111.47, for a total value of $650,093.04. Following the completion of the transaction, the executive vice president directly owned 128,382 shares of the company’s stock, valued at approximately $14,310,741.54. This trade represents a 4.35% decrease in their ownership of the stock. 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 2,760 shares of the stock in a transaction dated Friday, August 14th. The shares were sold at an average price of $112.46, for a total transaction of $310,389.60. Following the completion of the transaction, the executive vice president directly owned 165,276 shares of the company’s stock, valued at approximately $18,586,938.96. This trade represents a 1.64% decrease in their ownership of the stock. 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. Insiders sold a total of 44,869 shares of company stock valued at $5,005,620 in the last ninety days. Company insiders own 0.01% of the company’s stock.

Analyst Ratings Changes

Several brokerages have issued reports on CSCO. Zacks Research raised shares of Cisco Systems from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, September 30th. UBS Group raised their target price on shares of Cisco Systems from $132.00 to $138.00 and gave the stock a “buy” rating in a research note on Thursday, August 13th. Truist Financial lifted their target price on shares of Cisco Systems from $125.00 to $140.00 and gave the company a “buy” rating in a report on Thursday, August 13th. Morgan Stanley lowered shares of Cisco Systems from an “overweight” rating to an “equal weight” rating and dropped their price target for the stock from $135.00 to $120.00 in a research note on Thursday, November 5th. Finally, KeyCorp increased their price target on shares of Cisco Systems from $130.00 to $135.00 and gave the stock an “overweight” rating in a report on Thursday, August 13th. Three investment analysts have rated the stock with a Strong Buy rating, fifteen have given a Buy rating and eight have issued a Hold rating to the company. According to MarketBeat, Cisco Systems currently has an average rating of “Moderate Buy” and a consensus target price of $127.87.

Key Stories Impacting Cisco Systems

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

• Positive Sentiment: Investors are looking for Cisco’s results to benefit from AI infrastructure demand, hyperscaler investment and networking growth. The report will test whether those trends are translating into orders and revenue. Article: Should You Buy, Sell, or Hold Cisco Systems Stock Before Q1 Earnings?
• Positive Sentiment: Cisco introduced AI security and observability updates, including adding Anthropic’s Claude Mythos to AI Defense for red-teaming AI applications and agents. The products could strengthen its position as companies seek to secure and monitor AI deployments. Article: Cisco Unveils Frontier AI Red Teaming and Agent Observability
• Positive Sentiment: Schurz Broadband Group is deploying Cisco’s 8000 Series routing platform across four operating companies, providing a customer win for its next-generation networking equipment. Article: Schurz Broadband Group Advances its Enterprise Fiber Network with Cisco 8000 Series Routing
• Positive Sentiment: ETFs were net buyers of about $85 million of Cisco shares on November 6, indicating institutional fund demand that may provide some support. Article: 60 ETFs Add to Cisco Holdings
• Neutral Sentiment: The earnings announcement is a near-term catalyst, with options markets implying a potentially large move. Investors will focus on AI-related orders and margins; the outcome could amplify volatility. Article: Cisco Stock Faces a Massive Earnings Test
• Negative Sentiment: Valuation is a concern after a substantial multi-year share-price run: investors are questioning whether Cisco’s current price is justified by its cash-generation outlook. ETF flows were also mixed, with net sales reported on November 5. Article: Is Cisco Systems Fully Priced After Its 104% Run?

About Cisco Systems

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.