Jump Financial LLC Has $1.88 Million Stock Position in Cisco Systems, Inc. $CSCO

Jump Financial LLC reduced its stake in Cisco Systems, Inc. (NASDAQ:CSCO) by 72.3% during the first quarter, Holdings Channel.com reports. The fund owned 30,400 shares of the network equipment provider’s stock after selling 79,166 shares during the period. Jump Financial LLC’s holdings in Cisco Systems were worth $1,876,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in CSCO. Brighton Jones LLC grew its stake in Cisco Systems by 49.5% during the fourth quarter. Brighton Jones LLC now owns 74,187 shares of the network equipment provider’s stock worth $4,392,000 after purchasing an additional 24,562 shares during the period. Revolve Wealth Partners LLC grew its stake in Cisco Systems by 37.0% during the fourth quarter. Revolve Wealth Partners LLC now owns 9,156 shares of the network equipment provider’s stock worth $542,000 after purchasing an additional 2,474 shares during the period. Schonfeld Strategic Advisors LLC grew its stake in Cisco Systems by 0.4% during the fourth quarter. Schonfeld Strategic Advisors LLC now owns 114,448 shares of the network equipment provider’s stock worth $6,775,000 after purchasing an additional 460 shares during the period. PDT Partners LLC acquired a new stake in Cisco Systems during the fourth quarter worth approximately $659,000. Finally, Voleon Capital Management LP acquired a new stake in Cisco Systems during the fourth quarter worth approximately $2,278,000. 73.33% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related news, SVP Maria Victoria Wong sold 3,162 shares of Cisco Systems stock in a transaction on Monday, August 25th. The stock was sold at an average price of $67.28, for a total transaction of $212,739.36. Following the completion of the sale, the senior vice president owned 31,468 shares of the company’s stock, valued at approximately $2,117,167.04. This trade represents a 9.13% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP Deborah L. Stahlkopf sold 9,783 shares of the business’s stock in a transaction dated Friday, August 15th. The stock was sold at an average price of $66.60, for a total value of $651,547.80. Following the transaction, the executive vice president directly owned 161,662 shares of the company’s stock, valued at $10,766,689.20. The trade was a 5.71% decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 119,095 shares of company stock valued at $7,841,167. 0.01% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

Several equities research analysts recently commented on CSCO shares. William Blair raised Cisco Systems to a “hold” rating in a research note on Thursday, August 14th. Wells Fargo & Company upped their price target on Cisco Systems from $75.00 to $83.00 and gave the stock an “overweight” rating in a research note on Thursday, August 14th. New Street Research reaffirmed a “neutral” rating and set a $70.00 price target on shares of Cisco Systems in a research note on Friday, May 16th. Evercore ISI upped their price target on Cisco Systems from $72.00 to $74.00 and gave the stock an “in-line” rating in a research note on Thursday, August 14th. Finally, KeyCorp assumed coverage on Cisco Systems in a research note on Thursday, June 26th. They set an “overweight” rating and a $77.00 price target on the stock. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and ten have given a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $74.53.

Cisco Systems Trading Up 0.1%

NASDAQ:CSCO opened at $68.44 on Thursday. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.92 and a current ratio of 1.01. The firm has a market cap of $271.02 billion, a price-to-earnings ratio of 26.12, a price-to-earnings-growth ratio of 2.90 and a beta of 0.91. Cisco Systems, Inc. has a 52 week low of $47.85 and a 52 week high of $72.55. The firm has a 50-day moving average price of $68.34 and a two-hundred day moving average price of $63.67.

Cisco Systems (NASDAQ:CSCO) last posted its quarterly earnings data on Wednesday, August 13th. The network equipment provider reported $0.99 EPS for the quarter, beating the consensus estimate of $0.98 by $0.01. The firm had revenue of $14.67 billion during the quarter, compared to analyst estimates of $14.63 billion. Cisco Systems had a net margin of 18.45% and a return on equity of 27.02%. The company’s revenue for the quarter was up 7.6% on a year-over-year basis. During the same quarter last year, the business posted $0.87 EPS. Cisco Systems has set its Q1 2026 guidance at 0.970-0.990 EPS. FY 2026 guidance at 4.000-4.060 EPS. On average, equities analysts expect that Cisco Systems, Inc. will post 3.04 earnings per share for the current fiscal year.

Cisco Systems Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 22nd. Shareholders of record on Friday, October 3rd will be given a dividend of $0.41 per share. The ex-dividend date is Friday, October 3rd. This represents a $1.64 annualized dividend and a dividend yield of 2.4%. Cisco Systems’s dividend payout ratio is currently 62.60%.

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.