Traphagen Investment Advisors LLC Has $1.79 Million Position in Cisco Systems, Inc. $CSCO

Traphagen Investment Advisors LLC cut its stake in Cisco Systems, Inc. (NASDAQ:CSCO) by 1.9% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 25,826 shares of the network equipment provider’s stock after selling 513 shares during the quarter. Traphagen Investment Advisors LLC’s holdings in Cisco Systems were worth $1,792,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. Brown Shipley& Co Ltd acquired a new position in shares of Cisco Systems in the second quarter worth $32,000. Pandora Wealth Inc. acquired a new position in shares of Cisco Systems in the first quarter worth $31,000. Nova Wealth Management Inc. acquired a new position in shares of Cisco Systems in the first quarter worth $31,000. Fairway Wealth LLC increased its stake in shares of Cisco Systems by 224.7% in the first quarter. Fairway Wealth LLC now owns 578 shares of the network equipment provider’s stock worth $36,000 after acquiring an additional 400 shares during the last quarter. Finally, Accent Capital Management LLC acquired a new position in shares of Cisco Systems in the first quarter worth $36,000. 73.33% of the stock is owned by institutional investors and hedge funds.

Cisco Systems Stock Up 0.1%

CSCO stock opened at $68.99 on Wednesday. The company has a debt-to-equity ratio of 0.49, a current ratio of 1.00 and a quick ratio of 0.91. Cisco Systems, Inc. has a 52-week low of $52.11 and a 52-week high of $72.55. The company has a 50-day moving average of $68.14 and a two-hundred day moving average of $64.71. The stock has a market capitalization of $272.73 billion, a price-to-earnings ratio of 26.33, a price-to-earnings-growth ratio of 2.90 and a beta of 0.97.

Cisco Systems (NASDAQ:CSCO) last released its quarterly earnings results on Wednesday, August 13th. The network equipment provider reported $0.99 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.98 by $0.01. Cisco Systems had a net margin of 18.45% and a return on equity of 27.06%. The company had revenue of $14.67 billion during the quarter, compared to analysts’ expectations of $14.63 billion. During the same period in the prior year, the company earned $0.87 earnings per share. The business’s quarterly revenue was up 7.6% compared to the same quarter last year. Cisco Systems has set its Q1 2026 guidance at 0.970-0.990 EPS. FY 2026 guidance at 4.000-4.060 EPS. As a group, equities research analysts anticipate that Cisco Systems, Inc. will post 3.04 EPS for the current year.

Cisco Systems Announces Dividend

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

Insider Activity at Cisco Systems

In other Cisco Systems news, CEO Charles Robbins sold 30,557 shares of the company’s stock in a transaction dated Friday, August 15th. The shares were sold at an average price of $66.63, for a total transaction of $2,036,012.91. Following the completion of the sale, the chief executive officer directly owned 639,000 shares in the company, valued at $42,576,570. This represents a 4.56% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, EVP Thimaya K. Subaiya sold 1,744 shares of the company’s stock in a transaction dated Friday, September 12th. The shares were sold at an average price of $66.78, for a total transaction of $116,464.32. Following the sale, the executive vice president owned 158,009 shares of the company’s stock, valued at $10,551,841.02. This trade represents a 1.09% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 82,965 shares of company stock valued at $5,559,996. 0.01% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on CSCO shares. Piper Sandler upped their price target on shares of Cisco Systems from $64.00 to $70.00 and gave the stock a “neutral” rating in a research note on Thursday, August 14th. Rosenblatt Securities reissued a “buy” rating and set a $87.00 target price on shares of Cisco Systems in a research report on Thursday, August 14th. Hsbc Global Res downgraded shares of Cisco Systems from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 15th. Wells Fargo & Company increased their target price on shares of Cisco Systems from $75.00 to $83.00 and gave the stock an “overweight” rating in a research report on Thursday, August 14th. Finally, William Blair raised shares of Cisco Systems to a “hold” rating in a research report on Thursday, August 14th. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and ten have issued a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $74.53.

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.