Cisco Systems, Inc. $CSCO Shares Bought by Advisory Services Network LLC

Advisory Services Network LLC grew its holdings in Cisco Systems, Inc. (NASDAQ:CSCO) by 6.1% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 273,560 shares of the network equipment provider’s stock after acquiring an additional 15,667 shares during the period. Advisory Services Network LLC’s holdings in Cisco Systems were worth $18,624,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also modified their holdings of the stock. Bare Financial Services Inc grew its position in shares of Cisco Systems by 531.0% during the second quarter. Bare Financial Services Inc now owns 366 shares of the network equipment provider’s stock worth $25,000 after buying an additional 308 shares in the last quarter. Financial Connections Group Inc. grew its holdings in Cisco Systems by 89.4% during the 2nd quarter. Financial Connections Group Inc. now owns 409 shares of the network equipment provider’s stock worth $28,000 after acquiring an additional 193 shares in the last quarter. Legacy Investment Solutions LLC purchased a new stake in shares of Cisco Systems in the 2nd quarter valued at approximately $28,000. Nova Wealth Management Inc. acquired a new stake in shares of Cisco Systems in the 1st quarter valued at $31,000. Finally, Brown Shipley& Co Ltd purchased a new stake in shares of Cisco Systems during the 2nd quarter worth $32,000. 73.33% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity at Cisco Systems

In other Cisco Systems news, CEO Charles Robbins sold 116,734 shares of the company’s stock in a transaction on Tuesday, November 18th. The stock was sold at an average price of $77.30, for a total value of $9,023,538.20. Following the sale, the chief executive officer owned 704,153 shares of the company’s stock, valued at approximately $54,431,026.90. This represents a 14.22% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Maria Victoria Wong sold 428 shares of the business’s stock in a transaction dated Thursday, December 11th. The stock was sold at an average price of $80.33, for a total transaction of $34,381.24. Following the completion of the sale, the senior vice president owned 32,176 shares in the company, valued at $2,584,698.08. This represents a 1.31% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 1,021,910 shares of company stock valued at $79,463,804 in the last 90 days. 0.01% of the stock is owned by corporate insiders.

Cisco Systems Trading Down 1.9%

Shares of Cisco Systems stock opened at $77.80 on Friday. The firm has a market cap of $307.39 billion, a price-to-earnings ratio of 29.25, a price-to-earnings-growth ratio of 2.94 and a beta of 0.87. Cisco Systems, Inc. has a 52-week low of $52.11 and a 52-week high of $80.82. The company’s 50-day simple moving average is $73.77 and its 200-day simple moving average is $69.73. The company has a quick ratio of 0.83, a current ratio of 0.93 and a debt-to-equity ratio of 0.46.

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, topping the consensus estimate of $0.98 by $0.02. The company had revenue of $14.88 billion for the quarter, compared to analysts’ expectations of $14.77 billion. Cisco Systems had a return on equity of 27.29% and a net margin of 18.38%.The firm’s quarterly revenue was up 7.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.91 EPS. 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, equities research analysts anticipate that Cisco Systems, Inc. will post 3.04 earnings per share for the current year.

Cisco Systems Announces Dividend

The company 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 dividend of $0.41 per share. The ex-dividend date of this dividend is Friday, January 2nd. This represents a $1.64 annualized dividend and a yield of 2.1%. Cisco Systems’s payout ratio is currently 61.65%.

Analyst Upgrades and Downgrades

CSCO has been the topic of a number of analyst reports. Erste Group Bank upgraded Cisco Systems from a “hold” rating to a “buy” rating in a research note on Monday, November 10th. Bank of America raised their target price on Cisco Systems from $85.00 to $95.00 and gave the stock a “buy” rating in a research report on Thursday, November 13th. HSBC upped their price target on Cisco Systems from $69.00 to $74.00 and gave the company a “hold” rating in a report on Friday, November 14th. Morgan Stanley raised their price objective on shares of Cisco Systems from $77.00 to $82.00 and gave the stock an “overweight” rating in a report on Thursday, November 13th. Finally, Barclays increased their target price on shares of Cisco Systems from $71.00 to $76.00 and gave the company an “equal weight” rating in a research report on Thursday, November 13th. Seventeen research 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 presently has a consensus 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.