Cisco Systems, Inc. $CSCO Shares Acquired by TrueMark Investments LLC

TrueMark Investments LLC boosted its stake in Cisco Systems, Inc. (NASDAQ:CSCO) by 85.0% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 100,503 shares of the network equipment provider’s stock after acquiring an additional 46,185 shares during the quarter. Cisco Systems accounts for about 1.2% of TrueMark Investments LLC’s portfolio, making the stock its 27th biggest holding. TrueMark Investments LLC’s holdings in Cisco Systems were worth $6,876,000 as of its most recent filing with the SEC.

Other large investors also recently added to or reduced their stakes in the company. Benchmark Financial Wealth Advisors LLC raised its position in shares of Cisco Systems by 1.4% during the 3rd quarter. Benchmark Financial Wealth Advisors LLC now owns 10,449 shares of the network equipment provider’s stock worth $715,000 after purchasing an additional 142 shares during the last quarter. Yoder Wealth Management Inc. boosted its holdings in Cisco Systems by 3.8% in the 3rd quarter. Yoder Wealth Management Inc. now owns 3,945 shares of the network equipment provider’s stock worth $270,000 after buying an additional 143 shares during the last quarter. Mount Vernon Associates Inc. MD increased its stake in Cisco Systems by 0.4% during the 2nd quarter. Mount Vernon Associates Inc. MD now owns 41,379 shares of the network equipment provider’s stock worth $2,871,000 after buying an additional 150 shares in the last quarter. Wynn Capital LLC raised its holdings in shares of Cisco Systems by 0.3% during the third quarter. Wynn Capital LLC now owns 48,456 shares of the network equipment provider’s stock valued at $3,315,000 after acquiring an additional 150 shares during the last quarter. Finally, Old North State Trust LLC lifted its position in shares of Cisco Systems by 0.6% in the second quarter. Old North State Trust LLC now owns 24,534 shares of the network equipment provider’s stock valued at $1,702,000 after acquiring an additional 151 shares in the last quarter. 73.33% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Cisco Systems news, EVP Thimaya K. Subaiya sold 56,038 shares of the stock in a transaction dated Wednesday, November 19th. The shares were sold at an average price of $78.33, for a total transaction of $4,389,456.54. Following the completion of the transaction, the executive vice president owned 179,780 shares of the company’s stock, valued at $14,082,167.40. This trade represents a 23.76% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Jeetendra I. Patel sold 163,896 shares of the stock in a transaction that occurred on Friday, November 14th. The stock was sold at an average price of $77.86, for a total transaction of $12,760,942.56. Following the transaction, the insider directly owned 281,108 shares of the company’s stock, valued at $21,887,068.88. The trade was a 36.83% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 1,044,865 shares of company stock valued at $81,397,635 over the last three months. Company insiders own 0.01% of the company’s stock.

Wall Street Analyst Weigh In

CSCO has been the subject of several research reports. Melius Research boosted their price target on Cisco Systems from $84.00 to $100.00 and gave the stock a “buy” rating in a research report on Thursday, November 13th. President Capital lowered their target price on shares of Cisco Systems from $90.00 to $88.00 in a research note on Wednesday, December 24th. Citic Securities increased their target price on shares of Cisco Systems from $75.00 to $90.00 in a research report on Monday, November 17th. Evercore ISI raised their price target on shares of Cisco Systems from $74.00 to $80.00 and gave the stock an “in-line” rating in a research note on Thursday, November 13th. Finally, Wall Street Zen cut shares of Cisco Systems from a “buy” rating to a “hold” rating in a research note on Saturday, November 22nd. Fifteen research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $85.86.

Cisco Systems Stock Up 0.3%

CSCO stock opened at $74.59 on Friday. Cisco Systems, Inc. has a one year low of $52.11 and a one year high of $80.82. The firm has a market cap of $294.71 billion, a PE ratio of 28.04, a PEG ratio of 2.81 and a beta of 0.87. The firm’s 50 day moving average price is $76.62 and its 200-day moving average price is $71.74. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.83 and a current ratio of 0.93.

Cisco Systems (NASDAQ:CSCO) last issued its quarterly earnings data on Wednesday, November 12th. The network equipment provider reported $1.00 earnings per share for the quarter, topping the consensus estimate of $0.98 by $0.02. Cisco Systems had a return on equity of 27.29% and a net margin of 18.38%.The company had revenue of $14.88 billion during the quarter, compared to analyst estimates of $14.77 billion. During the same period in the prior year, the business posted $0.91 earnings per share. The firm’s revenue for the quarter was up 7.5% compared to the same quarter last year. 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, equities research analysts anticipate that Cisco Systems, Inc. will post 3.04 EPS for the current year.

Cisco Systems Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, January 21st. Investors of record on Friday, January 2nd were issued a $0.41 dividend. This represents a $1.64 annualized dividend and a yield of 2.2%. The ex-dividend date was Friday, January 2nd. Cisco Systems’s payout ratio is 61.65%.

About Cisco Systems

Cisco Systems, Inc is a global technology company that designs, manufactures and sells networking hardware, software and telecommunications equipment. Its core business focuses on enabling enterprise and service-provider networks through products such as routers, switches, network security appliances and wireless systems. Over time Cisco has broadened its portfolio to emphasize software-defined networking, cybersecurity, cloud infrastructure and edge computing solutions that help organizations build and manage modern IT environments.

In addition to hardware, Cisco offers a growing range of software platforms and subscription services for network management, security, analytics and collaboration.