Cisco Systems (NASDAQ:CSCO) Trading Down 1.2% – Time to Sell?

Cisco Systems, Inc. (NASDAQ:CSCOGet Free Report) shares were down 1.2% during trading on Monday . The company traded as low as $75.93 and last traded at $76.04. Approximately 15,111,750 shares were traded during trading, a decline of 28% from the average daily volume of 21,086,986 shares. The stock had previously closed at $76.94.

Wall Street Analysts Forecast Growth

Several brokerages have commented on CSCO. Barclays upped 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. Piper Sandler upped their price objective on Cisco Systems from $70.00 to $86.00 and gave the company a “neutral” rating in a report on Thursday, November 13th. Erste Group Bank raised Cisco Systems from a “hold” rating to a “buy” rating in a research note on Monday, November 10th. William Blair upgraded Cisco Systems to a “hold” rating in a research report on Thursday, August 14th. Finally, Rosenblatt Securities increased their price target on shares of Cisco Systems from $87.00 to $100.00 and gave the company a “buy” rating in a research report on Thursday, November 13th. Seventeen investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $84.14.

Read Our Latest Stock Analysis on Cisco Systems

Cisco Systems Stock Up 1.1%

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 firm’s fifty day simple moving average is $72.05 and its 200 day simple moving average is $68.91. The stock has a market capitalization of $307.20 billion, a price-to-earnings ratio of 29.23, a P/E/G ratio of 2.88 and a beta of 0.87.

Cisco Systems (NASDAQ:CSCOGet Free Report) last issued its quarterly earnings data 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 during the quarter, compared to the consensus estimate of $14.77 billion. Cisco Systems had a net margin of 18.38% and a return on equity of 27.29%. The firm’s revenue was up 7.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.91 earnings per share. 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. On average, sell-side analysts forecast 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. Stockholders of record on Friday, January 2nd will be given a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a dividend yield of 2.1%. The ex-dividend date of this dividend is Friday, January 2nd. Cisco Systems’s dividend payout ratio is currently 61.65%.

Insider Buying and Selling at Cisco Systems

In related news, EVP Deborah L. Stahlkopf sold 164,584 shares of Cisco Systems stock in a transaction that occurred on Friday, November 14th. The stock was sold at an average price of $77.85, for a total value of $12,812,864.40. Following the sale, the executive vice president owned 196,738 shares of the company’s stock, valued at approximately $15,316,053.30. This trade represents a 45.55% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Charles Robbins sold 281,860 shares of the company’s stock in a transaction that occurred on 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 of the company’s stock, valued at approximately $64,316,496.45. This trade represents a 25.56% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 1,024,627 shares of company stock valued at $79,621,482 in the last 90 days. 0.01% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the business. Brighton Jones LLC boosted its position 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 valued at $4,392,000 after purchasing an additional 24,562 shares during the last quarter. Revolve Wealth Partners LLC increased its position in shares of Cisco Systems by 37.0% during the 4th 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 last quarter. Cary Street Partners Financial LLC raised its stake in shares of Cisco Systems by 41.2% during the 1st quarter. Cary Street Partners Financial LLC now owns 240,594 shares of the network equipment provider’s stock worth $14,847,000 after purchasing an additional 70,233 shares in the last quarter. Commonwealth Retirement Investments LLC boosted its holdings in shares of Cisco Systems by 0.8% in the 1st quarter. Commonwealth Retirement Investments LLC now owns 120,171 shares of the network equipment provider’s stock valued at $7,416,000 after buying an additional 989 shares during the last quarter. Finally, Farrow Financial Inc. grew its stake in shares of Cisco Systems by 1.6% in the first quarter. Farrow Financial Inc. now owns 41,345 shares of the network equipment provider’s stock valued at $2,551,000 after buying an additional 647 shares in the last quarter. Institutional investors own 73.33% of the company’s stock.

Cisco Systems Company Profile

(Get Free Report)

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.

See Also

Receive News & Ratings for Cisco Systems Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Cisco Systems and related companies with MarketBeat.com's FREE daily email newsletter.