Cisco Systems, Inc. $CSCO Holdings Trimmed by Rhumbline Advisers

Rhumbline Advisers reduced its position in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 0.8% during the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 7,406,963 shares of the network equipment provider’s stock after selling 56,781 shares during the period. Cisco Systems makes up about 0.4% of Rhumbline Advisers’ investment portfolio, making the stock its 29th largest position. Rhumbline Advisers owned approximately 0.19% of Cisco Systems worth $506,784,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Avantax Advisory Services Inc. grew its holdings in shares of Cisco Systems by 1.1% during the second quarter. Avantax Advisory Services Inc. now owns 420,336 shares of the network equipment provider’s stock valued at $29,163,000 after buying an additional 4,525 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its stake in Cisco Systems by 6.9% in the 3rd quarter. Mirae Asset Global Investments Co. Ltd. now owns 3,189,645 shares of the network equipment provider’s stock worth $218,236,000 after acquiring an additional 205,043 shares in the last quarter. Greystone Financial Group LLC acquired a new stake in Cisco Systems during the 3rd quarter worth about $8,563,000. Jones Financial Companies Lllp grew its stake in Cisco Systems by 8.9% during the 3rd quarter. Jones Financial Companies Lllp now owns 686,469 shares of the network equipment provider’s stock valued at $46,165,000 after acquiring an additional 56,057 shares in the last quarter. Finally, Drive Wealth Management LLC increased its holdings in shares of Cisco Systems by 2.7% in the 2nd quarter. Drive Wealth Management LLC now owns 16,605 shares of the network equipment provider’s stock valued at $1,152,000 after purchasing an additional 436 shares during the period. 73.33% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Cisco Systems

In other news, CEO Charles Robbins sold 281,860 shares of Cisco Systems stock in a transaction dated Monday, November 17th. The stock was sold at an average price of $78.35, for a total value of $22,083,731.00. Following the transaction, the chief executive officer directly owned 820,887 shares in the company, valued at approximately $64,316,496.45. The trade was a 25.56% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Michael D. Capellas sold 16,150 shares of the business’s stock in a transaction dated Thursday, December 18th. The stock was sold at an average price of $77.28, for a total value of $1,248,072.00. Following the transaction, the director directly owned 157,218 shares of the company’s stock, valued at $12,149,807.04. This represents a 9.32% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 1,044,865 shares of company stock worth $81,397,635. Corporate insiders own 0.01% of the company’s stock.

Cisco Systems Stock Down 0.6%

CSCO opened at $86.29 on Wednesday. The firm has a market cap of $340.94 billion, a P/E ratio of 32.44, a price-to-earnings-growth ratio of 3.28 and a beta of 0.87. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.83 and a current ratio of 0.93. The business has a 50 day moving average price of $77.75 and a 200 day moving average price of $72.90. Cisco Systems, Inc. has a twelve month low of $52.11 and a twelve month high of $88.19.

Cisco Systems (NASDAQ:CSCO) last issued its quarterly earnings data on Wednesday, November 12th. The network equipment provider reported $1.00 earnings per share for the quarter, topping analysts’ consensus estimates of $0.98 by $0.02. The business had revenue of $14.88 billion during the quarter, compared to analysts’ expectations of $14.77 billion. Cisco Systems had a net margin of 18.38% and a return on equity of 27.29%. Cisco Systems’s revenue for the quarter was up 7.5% on a year-over-year basis. During the same period in the previous year, the company earned $0.91 earnings per share. Research analysts forecast that Cisco Systems, Inc. will post 3.04 EPS for the current year.

Analyst Upgrades and Downgrades

Several analysts recently commented on the stock. JPMorgan Chase & Co. boosted their price objective on shares of Cisco Systems from $90.00 to $95.00 and gave the company an “overweight” rating in a research report on Monday. Argus lifted their target price on shares of Cisco Systems from $80.00 to $100.00 in a research note on Thursday, November 13th. Evercore upped their price target on shares of Cisco Systems from $100.00 to $175.00 and gave the stock an “outperform” rating in a research note on Tuesday, February 3rd. Zacks Research raised Cisco Systems from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 26th. Finally, Rosenblatt Securities boosted their target price on Cisco Systems from $87.00 to $100.00 and gave the company a “buy” rating in a research note on Thursday, November 13th. One investment analyst has rated the stock with a Strong Buy rating, seventeen have assigned a Buy rating and seven have given a Hold rating to the stock. According to MarketBeat.com, Cisco Systems currently has an average rating of “Moderate Buy” and a consensus target price of $94.45.

Key Headlines Impacting Cisco Systems

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

• Positive Sentiment: Cisco unveiled the Silicon One G300 chip, new N9000/8000 systems and optics aimed at AI data centers — positioning the company to capture AI networking spend versus Broadcom and Nvidia; this is a clear product-led catalyst for higher-margin networking revenue if hyperscalers and cloud builders adopt it. Cisco unveils new AI networking chip, taking on Broadcom and Nvidia
• Positive Sentiment: Management expanded AI-focused software and security capabilities (AgenticOps, AI Defense, AI-aware SASE) that can boost subscription/recurring revenue and stickiness for enterprise customers. Cisco Announces New Silicon One G300, Advanced Systems and Optics
• Positive Sentiment: Analysts and markets remain constructive: JPMorgan raised its price target and kept an overweight rating, and earnings-preview coverage highlights Cisco’s history of beating estimates — both support upside expectations ahead of the quarter. JPMorgan adjusts price target on Cisco Systems
• Neutral Sentiment: High-profile media attention (Jim Cramer noting Cisco’s sizable charitable-trust position; retrospective pieces on long-term investor returns) can increase flows/volatility but is not a direct earnings catalyst. Jim Cramer Notes That Cisco Is “Still a Sizeable Position for the Charitable Trust”
• Neutral Sentiment: Reported short-interest data for Feb. 10 looks anomalous (zero shares reported vs. prior), suggesting a data glitch rather than a real shift in bearish positioning — not a reliable signal.
• Negative Sentiment: Valuation and positioning risks: shares have rallied strongly year-over-year and the stock trades at an elevated P/E; ahead of fiscal Q2 results investors may trim positions for profit-taking or if guidance/near-term adoption signals fall short of optimistic expectations. Cisco Q2 Earnings Loom: Buy or Hold the CSCO Stock Ahead of Results?

Cisco Systems Profile

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.