Cisco Systems (NASDAQ:CSCO) Stock Price Down 1.8% – Time to Sell?

Shares of Cisco Systems, Inc. (NASDAQ:CSCO) fell 1.8% during trading on Thursday . The stock traded as low as $107.36 and last traded at $107.44. Approximately 11,286,538 shares traded hands during mid-day trading, a decline of 51% from the average session volume of 22,856,443 shares. The stock had previously closed at $109.43.

Trending Headlines about Cisco Systems

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

• Positive Sentiment: Investors also responded to Cisco’s recent commentary on AI networking, including meaningful hyperscaler orders, a networking refresh cycle and growing demand for high-performance infrastructure. Cisco’s latest quarterly results showed record revenue, earnings above guidance and 35% growth in total product orders, while management raised fiscal 2027 expectations. Cisco Systems rises as investors weigh upbeat AI networking commentary and a broader tech rally
• Positive Sentiment: A broader technology-sector rally, supported by an inflation reading near expectations and lower oil prices, provided an additional tailwind for CSCO and other networking stocks. Ciena, Arista Networks and Cisco market move
• Positive Sentiment: Cisco and Infleqtion announced joint research into networked quantum technology, aiming to connect and scale distributed quantum systems. The opportunity is longer term and is unlikely to materially affect near-term revenue, but it supports Cisco’s technology-development narrative. Infleqtion and Cisco announce collaboration to advance networked quantum technology

Wall Street Analyst Weigh In

Several analysts have weighed in on the stock. Citic Securities lifted their price objective on shares of Cisco Systems from $90.00 to $130.00 in a research note on Friday, May 15th. KeyCorp increased their target price on shares of Cisco Systems from $130.00 to $135.00 and gave the stock an “overweight” rating in a research report on Thursday, August 13th. Freedom Capital raised shares of Cisco Systems from a “hold” rating to a “strong-buy” rating in a report on Sunday, August 16th. Morgan Stanley lifted their price target on shares of Cisco Systems from $130.00 to $135.00 and gave the company an “overweight” rating in a research report on Thursday, August 13th. Finally, Deutsche Bank Aktiengesellschaft assumed coverage on Cisco Systems in a research note on Tuesday, September 1st. They issued a “buy” rating and a $135.00 price target for the company. Two investment analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat.com, Cisco Systems currently has a consensus rating of “Moderate Buy” and an average target price of $129.68.

Cisco Systems Stock Up 4.4%

The firm’s 50-day moving average price is $113.66 and its 200 day moving average price is $103.30. 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 company has a market capitalization of $442.08 billion, a price-to-earnings ratio of 33.57, a PEG ratio of 2.24 and a beta of 1.00.

Cisco Systems (NASDAQ:CSCO) last posted its quarterly earnings results on Wednesday, August 12th. The network equipment provider reported $1.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.17 by $0.05. The business had revenue of $17.25 billion for the quarter, compared to analyst estimates of $16.84 billion. Cisco Systems had a net margin of 20.95% and a return on equity of 30.16%. The firm’s revenue for the quarter was up 17.6% on a year-over-year basis. During the same quarter last year, the business posted $0.99 EPS. 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. On average, sell-side analysts forecast that Cisco Systems, Inc. will post 4.43 EPS for the current fiscal year.

Cisco Systems Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 21st. Investors of record on Friday, October 2nd will be given a dividend of $0.42 per share. This represents a $1.68 annualized dividend and a dividend yield of 1.5%. The ex-dividend date is Friday, October 2nd. Cisco Systems’s dividend payout ratio is currently 50.30%.

Insider Buying and Selling at Cisco Systems

In other Cisco Systems news, EVP Oliver Tuszik sold 2,760 shares of the business’s stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $112.46, for a total transaction of $310,389.60. Following the completion of the transaction, the executive vice president owned 165,276 shares of the company’s stock, valued at approximately $18,586,938.96. The trade was a 1.64% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Charles Robbins sold 21,628 shares of the stock in a transaction dated Friday, August 14th. The stock was sold at an average price of $111.54, for a total transaction of $2,412,387.12. Following the completion of the transaction, the chief executive officer directly owned 602,710 shares of the company’s stock, valued at $67,226,273.40. This trade represents a 3.46% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 51,004 shares of company stock worth $5,750,920 over the last quarter. 0.01% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Cisco Systems

Institutional investors have recently added to or reduced their stakes in the stock. California State Teachers Retirement System grew its stake in shares of Cisco Systems by 11,624.6% during the second quarter. California State Teachers Retirement System now owns 706,130,053 shares of the network equipment provider’s stock worth $82,942,036,000 after buying an additional 700,107,427 shares during the last quarter. BlackRock Inc. bought a new position in shares of Cisco Systems in the 2nd quarter valued at $42,129,647,000. State Street Corp boosted its holdings in shares of Cisco Systems by 0.5% during the 4th quarter. State Street Corp now owns 195,521,161 shares of the network equipment provider’s stock valued at $15,060,995,000 after acquiring an additional 1,057,962 shares in the last quarter. Morgan Stanley grew its position in Cisco Systems by 0.3% during the 4th quarter. Morgan Stanley now owns 75,326,258 shares of the network equipment provider’s stock worth $5,802,382,000 after acquiring an additional 206,352 shares during the last quarter. Finally, Invesco Ltd. grew its position in Cisco Systems by 11.6% during the 4th quarter. Invesco Ltd. now owns 59,836,782 shares of the network equipment provider’s stock worth $4,609,227,000 after acquiring an additional 6,224,062 shares during the last quarter. 73.33% of the stock is currently owned by institutional investors and hedge funds.

Cisco Systems Company Profile

Cisco Systems, Inc is a global technology company that provides networking, cybersecurity, collaboration, observability and other information technology solutions. Its offerings include routers, switches, wireless networking equipment, data center infrastructure, security platforms, unified communications tools and software designed to help organizations connect, manage and protect their digital environments.

Cisco serves businesses, government agencies, educational institutions, telecommunications providers and other organizations worldwide.