Cisco Systems (NASDAQ:CSCO) SVP Maria Victoria Wong Sells 428 Shares of Stock

Cisco Systems, Inc. (NASDAQ:CSCO) SVP Maria Victoria Wong sold 428 shares of the firm’s stock in a transaction that occurred on Thursday, December 11th. The stock was sold at an average price of $80.33, for a total value of $34,381.24. Following the sale, the senior vice president directly owned 32,176 shares of the company’s stock, valued at $2,584,698.08. This represents a 1.31% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link.

Maria Victoria Wong also recently made the following trade(s):

• On Monday, November 24th, Maria Victoria Wong sold 9,801 shares of Cisco Systems stock. The stock was sold at an average price of $76.38, for a total value of $748,600.38.

Cisco Systems Stock Down 1.9%

Shares of CSCO opened at $77.80 on Friday. The firm has a market capitalization of $307.40 billion, a P/E ratio of 29.25, a P/E/G ratio of 3.00 and a beta of 0.87. Cisco Systems, Inc. has a 12-month low of $52.11 and a 12-month high of $80.82. The company has a current ratio of 0.93, a quick ratio of 0.83 and a debt-to-equity ratio of 0.46. The firm has a fifty day moving average price of $73.77 and a 200-day moving average price of $69.69.

Cisco Systems (NASDAQ:CSCO) last posted its quarterly 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 18.38% 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 last year, the firm posted $0.91 EPS. 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. Equities research analysts expect that Cisco Systems, Inc. will post 3.04 earnings per share for the current year.

Cisco Systems Dividend Announcement

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

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on CSCO shares. Weiss Ratings reaffirmed a “buy (b)” rating on shares of Cisco Systems in a research report on Thursday, October 30th. Citic Securities raised their price target on Cisco Systems from $75.00 to $90.00 in a research note on Monday, November 17th. Melius Research lifted their price objective on Cisco Systems from $84.00 to $100.00 and gave the company a “buy” rating in a report on Thursday, November 13th. UBS Group increased their target price on shares of Cisco Systems from $88.00 to $90.00 and gave the stock a “buy” rating in a report on Thursday, November 13th. Finally, KeyCorp raised their target price on shares of Cisco Systems from $77.00 to $87.00 and gave the company an “overweight” rating in a research report on Thursday, November 13th. Seventeen analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $84.14.

Institutional Trading of Cisco Systems

Hedge funds and other institutional investors have recently made changes to their positions in the business. Norges Bank purchased a new stake in shares of Cisco Systems during the second quarter worth about $3,816,825,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main boosted its stake in Cisco Systems by 413.3% in the 2nd quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 22,393,371 shares of the network equipment provider’s stock worth $1,553,645,000 after purchasing an additional 18,030,441 shares in the last quarter. Kingstone Capital Partners Texas LLC acquired a new stake in Cisco Systems in the 2nd quarter worth approximately $904,542,000. Franklin Resources Inc. grew its position in Cisco Systems by 46.2% during the 2nd quarter. Franklin Resources Inc. now owns 40,836,858 shares of the network equipment provider’s stock worth $2,833,261,000 after purchasing an additional 12,904,969 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership increased its stake in Cisco Systems by 110.2% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 18,406,442 shares of the network equipment provider’s stock valued at $1,259,369,000 after purchasing an additional 9,648,265 shares in the last quarter. Hedge funds and other institutional investors own 73.33% of the company’s stock.

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.