Cisco Systems (NASDAQ:CSCO) Shares Sold by Rep. Maria Elvira Salazar

Representative Maria Elvira Salazar (Republican-Florida) recently sold shares of Cisco Systems, Inc. (NASDAQ:CSCO). In a filing disclosed on October 7th, the Representative disclosed that they had sold between $1,001 and $15,000 in Cisco Systems stock on September 24th. The trade occurred in the Representative’s “UBS IRA ACCOUNT” account.

Representative Maria Elvira Salazar also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Citigroup (NYSE:C) on 9/24/2026.
• Sold $1,001 – $15,000 in shares of Chubb (NYSE:CB) on 9/24/2026.
• Sold $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 9/24/2026.
• Sold $1,001 – $15,000 in shares of GE Aerospace (NYSE:GE) on 9/24/2026.
• Sold $1,001 – $15,000 in shares of Honeywell International (NASDAQ:HON) on 9/24/2026.
• Sold $1,001 – $15,000 in shares of Snowflake (NYSE:SNOW) on 9/24/2026.
• Sold $1,001 – $15,000 in shares of FedEx (NYSE:FDX) on 9/24/2026.
• Sold $1,001 – $15,000 in shares of Salesforce (NYSE:CRM) on 9/24/2026.
• Sold $1,001 – $15,000 in shares of RH (NYSE:RH) on 9/24/2026.
• Sold $1,001 – $15,000 in shares of Meta Platforms (NASDAQ:META) on 9/24/2026.

Cisco Systems Trading Down 2.1%

Cisco Systems stock opened at $114.89 on Friday. The firm has a market cap of $452.96 billion, a PE ratio of 34.40, a P/E/G ratio of 2.46 and a beta of 0.99. The company has a current ratio of 0.93, a quick ratio of 0.79 and a debt-to-equity ratio of 0.39. The stock’s 50 day simple moving average is $112.13 and its two-hundred day simple moving average is $107.70. Cisco Systems, Inc. has a 12 month low of $66.81 and a 12 month high of $130.37.

Cisco Systems (NASDAQ:CSCO) last issued its quarterly earnings data on Wednesday, August 12th. The network equipment provider reported $1.22 earnings per share for the quarter, topping analysts’ consensus estimates of $1.17 by $0.05. The business had revenue of $17.25 billion during the quarter, compared to the consensus estimate of $16.84 billion. Cisco Systems had a net margin of 20.95% and a return on equity of 30.16%. The company’s revenue was up 17.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.99 earnings per share. Cisco Systems has set its FY 2027 guidance at 5.050-5.110 EPS and its Q1 2027 guidance at 1.320-1.340 EPS. Analysts anticipate that Cisco Systems, Inc. will post 4.41 earnings per share for the current year.

Cisco Systems Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, October 21st. Shareholders of record on Friday, October 2nd will be issued a $0.42 dividend. The ex-dividend date of this dividend is Friday, October 2nd. This represents a $1.68 dividend on an annualized basis and a yield of 1.5%. Cisco Systems’s payout ratio is presently 50.30%.

More Cisco Systems News

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

• Positive Sentiment: Agentic AI product expansion: Cisco unveiled new AI capabilities across Webex, workplace automation and customer experience, including digital agents that can understand business context, analyze data and execute tasks. The launch strengthens Cisco’s positioning in enterprise AI and could support future software and recurring-revenue growth. Cisco Unveils New Agentic Collaboration Experiences
• Positive Sentiment: Broader collaboration ecosystem: New Webex agents, Google Meet support for Cisco devices, RoomOS 27 and the Dialog customer platform expand Cisco’s AI offering across meetings, workplaces and customer-service operations. These products may help Cisco capture additional enterprise spending as companies adopt AI assistants. Cisco unveils agentic AI tools across Webex, workplace and CX
• Positive Sentiment: Operational momentum: Cisco has reportedly delivered five consecutive earnings beats, while AI infrastructure orders have been building. Its latest reported quarter also showed revenue growth and earnings above consensus, supporting the view that AI networking demand is translating into financial results.
• Positive Sentiment: Security opportunity: The addition of a FIPS-validated post-quantum security application could improve Cisco’s credibility with government and security-sensitive customers as organizations prepare for quantum-related cyber risks. Cisco Added a FIPS Validated Post Quantum Security App
• Neutral Sentiment: Valuation is now central to the debate: Analysts and investors see the potential for a new growth phase, but Cisco’s strong rally raises concerns that much of the AI-related upside may already be priced in. The company’s forward execution and guidance will be important for sustaining momentum. Cisco Could Be Entering a New Growth Phase
• Negative Sentiment: Momentum has cooled: Cisco’s 90-day share-price return has declined 5.29%, and coverage noted that the stock slipped even as the company promoted its AI products. This suggests investors may be taking profits or waiting for clearer evidence that the new offerings will materially accelerate growth. Cisco Systems Dropped, So What Is Behind the Latest Attention?

Analyst Upgrades and Downgrades

CSCO has been the topic of several research analyst reports. Barclays lifted their price objective on Cisco Systems from $121.00 to $123.00 and gave the stock an “equal weight” rating in a report on Thursday, August 13th. Deutsche Bank Aktiengesellschaft initiated coverage on Cisco Systems in a report on Tuesday, September 1st. They set a “buy” rating and a $135.00 target price on the stock. Wells Fargo & Company upped their price objective on shares of Cisco Systems from $130.00 to $150.00 and gave the company an “overweight” rating in a report on Thursday, August 13th. Freedom Capital raised shares of Cisco Systems from a “hold” rating to a “strong-buy” rating in a research report on Sunday, August 16th. Finally, Wall Street Zen cut Cisco Systems from a “buy” rating to a “hold” rating in a report on Saturday, October 3rd. Three research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $128.52.

Insider Activity at Cisco Systems

In other Cisco Systems news, CEO Charles Robbins sold 21,628 shares of Cisco Systems stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $111.54, for a total value of $2,412,387.12. Following the completion of the transaction, the chief executive officer directly owned 602,710 shares in the company, valued at $67,226,273.40. The trade was a 3.46% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Jeetendra I. Patel sold 7,170 shares of the company’s stock in a transaction on Friday, August 14th. The stock was sold at an average price of $111.57, for a total value of $799,956.90. Following the transaction, the insider owned 230,593 shares of the company’s stock, valued at approximately $25,727,261.01. The trade was a 3.02% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 44,869 shares of company stock worth $5,005,620 over the last 90 days. Company insiders own 0.01% of the company’s stock.

Institutional Trading of Cisco Systems

Several hedge funds have recently made changes to their positions in the company. Networth Advisors LLC raised its holdings in Cisco Systems by 276.4% during the first quarter. Networth Advisors LLC now owns 335 shares of the network equipment provider’s stock worth $26,000 after purchasing an additional 246 shares during the last quarter. Financial Life Planners purchased a new stake in Cisco Systems during the first quarter valued at about $27,000. Manning & Napier Advisors LLC increased its position in Cisco Systems by 137.0% during the 1st quarter. Manning & Napier Advisors LLC now owns 346 shares of the network equipment provider’s stock worth $27,000 after purchasing an additional 200 shares in the last quarter. Osbon Capital Management LLC purchased a new position in Cisco Systems in the fourth quarter valued at about $32,000. Finally, RMG Wealth Management LLC boosted its holdings in Cisco Systems by 308.7% in the 1st quarter. RMG Wealth Management LLC now owns 425 shares of the network equipment provider’s stock worth $33,000 after acquiring an additional 321 shares during the period. Institutional investors and hedge funds own 73.33% of the company’s stock.

About Representative Salazar

Maria Elvira Salazar (Republican Party) is a member of the U.S. House, representing Florida’s 27th Congressional District. She assumed office on January 3, 2021. Her current term ends on January 3, 2027.

Salazar (Republican Party) ran for re-election to the U.S. House to represent Florida’s 27th Congressional District. She won in the general election on November 5, 2024.

Maria Elvira Salazar was born in Miami, Florida, and lives in Coral Gables, Florida. Salazar earned an undergraduate degree from the University of Miami in 1983 and a graduate degree from Harvard University in 1995. Her career experience includes working as a television journalist, reporter, and news anchor.

Cisco Systems Company Profile

Cisco Systems, Inc is a global technology company that develops networking, cybersecurity, collaboration, observability and data center solutions. Its products and services help businesses, governments, educational institutions and other organizations connect users and devices, manage infrastructure, protect digital environments and support cloud-based operations.

Cisco’s portfolio includes routers and switches, wireless networking equipment, network management software, firewalls, identity and access tools, endpoint security products, collaboration applications and observability platforms.