Cisco Systems (NASDAQ:CSCO) EVP Oliver Tuszik Sells 5,425 Shares

Cisco Systems, Inc. (NASDAQ:CSCO) EVP Oliver Tuszik sold 5,425 shares of the business’s stock in a transaction dated Friday, November 14th. The shares were sold at an average price of $76.56, for a total value of $415,338.00. Following the completion of the sale, the executive vice president directly owned 210,408 shares of the company’s stock, valued at approximately $16,108,836.48. This trade represents a 2.51% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website.

Oliver Tuszik also recently made the following trade(s):

• On Monday, November 17th, Oliver Tuszik sold 15 shares of Cisco Systems stock. The stock was sold at an average price of $77.98, for a total value of $1,169.70.
• On Friday, September 19th, Oliver Tuszik sold 17,526 shares of Cisco Systems stock. The shares were sold at an average price of $67.95, for a total value of $1,190,891.70.

Cisco Systems Stock Performance

NASDAQ:CSCO opened at $77.37 on Wednesday. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.91 and a current ratio of 1.00. Cisco Systems, Inc. has a fifty-two week low of $52.11 and a fifty-two week high of $79.50. The firm has a market cap of $304.89 billion, a PE ratio of 29.53, a price-to-earnings-growth ratio of 3.00 and a beta of 0.95. The business has a 50 day moving average price of $70.29 and a 200-day moving average price of $67.83.

Cisco Systems (NASDAQ:CSCO) last issued its earnings results on Wednesday, November 12th. The network equipment provider reported $1.00 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 the consensus estimate of $14.77 billion. Cisco Systems had a net margin of 18.45% and a return on equity of 27.06%. The firm’s revenue for the quarter was up 7.5% on a year-over-year basis. During the same period in the previous year, the firm earned $0.91 earnings per share. Cisco Systems has set its FY 2026 guidance at 4.080-4.140 EPS. Q2 2026 guidance at 1.010-1.030 EPS. Equities research analysts predict that Cisco Systems, Inc. will post 3.04 earnings per share for the current year.

Cisco Systems Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, January 21st. Stockholders of record on Friday, January 2nd will be issued a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.1%. The ex-dividend date is Friday, January 2nd. Cisco Systems’s dividend payout ratio is currently 61.65%.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on CSCO. UBS Group raised their target price on Cisco Systems from $88.00 to $90.00 and gave the stock a “buy” rating in a research note on Thursday, November 13th. KeyCorp lifted their price objective on Cisco Systems from $77.00 to $87.00 and gave the stock an “overweight” rating in a research report on Thursday, November 13th. JPMorgan Chase & Co. boosted their target price on Cisco Systems from $80.00 to $90.00 and gave the company an “overweight” rating in a research note on Thursday, November 13th. Piper Sandler upped their target price on Cisco Systems from $70.00 to $86.00 and gave the company a “neutral” rating in a report on Thursday, November 13th. Finally, Argus lifted their price target on shares of Cisco Systems from $80.00 to $100.00 in a report on Thursday, November 13th. Seventeen research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat.com, Cisco Systems presently has an average rating of “Moderate Buy” and a consensus price target of $84.14.

Institutional Investors Weigh In On Cisco Systems

Several hedge funds have recently made changes to their positions in CSCO. Brighton Jones LLC grew its holdings in Cisco Systems by 49.5% in 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 lifted its holdings in shares of 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 valued at $542,000 after purchasing an additional 2,474 shares during the last quarter. WNY Asset Management LLC boosted its position in shares of Cisco Systems by 7.4% in the 1st quarter. WNY Asset Management LLC now owns 3,651 shares of the network equipment provider’s stock worth $225,000 after purchasing an additional 250 shares in the last quarter. J.W. Cole Advisors Inc. grew its stake in shares of Cisco Systems by 14.7% in the 1st quarter. J.W. Cole Advisors Inc. now owns 72,369 shares of the network equipment provider’s stock worth $4,466,000 after buying an additional 9,256 shares during the last quarter. Finally, Teachers Retirement System of The State of Kentucky increased its position in Cisco Systems by 3.3% during the 1st quarter. Teachers Retirement System of The State of Kentucky now owns 308,180 shares of the network equipment provider’s stock valued at $19,018,000 after buying an additional 9,761 shares in the last quarter. 73.33% of the stock is currently owned by institutional investors.

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.