Community Bank N.A. Sells 2,495 Shares of Cisco Systems, Inc. $CSCO

Community Bank N.A. cut its holdings in Cisco Systems, Inc. (NASDAQ:CSCO) by 1.5% during the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 165,121 shares of the network equipment provider’s stock after selling 2,495 shares during the quarter. Cisco Systems makes up 1.5% of Community Bank N.A.’s holdings, making the stock its 9th biggest holding. Community Bank N.A.’s holdings in Cisco Systems were worth $11,456,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of CSCO. Kingstone Capital Partners Texas LLC acquired a new stake in Cisco Systems in the second quarter valued at about $904,542,000. Goldman Sachs Group Inc. raised its position in Cisco Systems by 37.4% in the first quarter. Goldman Sachs Group Inc. now owns 46,973,293 shares of the network equipment provider’s stock valued at $2,898,722,000 after purchasing an additional 12,775,066 shares during the last quarter. Nuveen LLC bought a new position in Cisco Systems in the first quarter valued at about $750,495,000. Pacer Advisors Inc. raised its position in Cisco Systems by 1,144.2% in the first quarter. Pacer Advisors Inc. now owns 8,120,886 shares of the network equipment provider’s stock valued at $501,140,000 after purchasing an additional 7,468,212 shares during the last quarter. Finally, Acadian Asset Management LLC raised its position in Cisco Systems by 255.9% in the first quarter. Acadian Asset Management LLC now owns 7,819,547 shares of the network equipment provider’s stock valued at $482,509,000 after purchasing an additional 5,622,672 shares during the last quarter. 73.33% of the stock is owned by institutional investors and hedge funds.

Cisco Systems Trading Down 0.7%

Shares of CSCO stock opened at $67.46 on Tuesday. The company has a market cap of $266.68 billion, a P/E ratio of 25.75, a PEG ratio of 2.86 and a beta of 0.97. The stock has a 50 day simple moving average of $68.22 and a two-hundred day simple moving average of $64.95. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.91 and a current ratio of 1.00. Cisco Systems, Inc. has a fifty-two week low of $52.11 and a fifty-two week high of $72.55.

Cisco Systems (NASDAQ:CSCO) last issued its earnings results on Wednesday, August 13th. The network equipment provider reported $0.99 earnings per share for the quarter, topping analysts’ consensus estimates of $0.98 by $0.01. The business had revenue of $14.67 billion during the quarter, compared to the consensus estimate of $14.63 billion. Cisco Systems had a return on equity of 27.06% and a net margin of 18.45%.The firm’s revenue for the quarter was up 7.6% on a year-over-year basis. During the same period in the previous year, the company posted $0.87 earnings per share. Cisco Systems has set its Q1 2026 guidance at 0.970-0.990 EPS. FY 2026 guidance at 4.000-4.060 EPS. Research analysts forecast that Cisco Systems, Inc. will post 3.04 earnings per share for the current year.

Cisco Systems Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, October 22nd. Shareholders of record on Friday, October 3rd will be issued a $0.41 dividend. This represents a $1.64 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date is Friday, October 3rd. Cisco Systems’s payout ratio is presently 62.60%.

Insiders Place Their Bets

In other Cisco Systems news, EVP Deborah L. Stahlkopf sold 2,718 shares of Cisco Systems stock in a transaction that occurred on Thursday, September 11th. The stock was sold at an average price of $68.08, for a total value of $185,041.44. Following the completion of the sale, the executive vice president directly owned 157,184 shares in the company, valued at approximately $10,701,086.72. The trade was a 1.70% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Maria Victoria Wong sold 428 shares of Cisco Systems stock in a transaction that occurred on Thursday, September 11th. The stock was sold at an average price of $68.25, for a total value of $29,211.00. Following the completion of the sale, the senior vice president owned 30,619 shares of the company’s stock, valued at approximately $2,089,746.75. The trade was a 1.38% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 82,965 shares of company stock valued at $5,559,996 in the last 90 days. Company insiders own 0.01% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms have commented on CSCO. Wolfe Research began coverage on Cisco Systems in a research report on Tuesday, July 8th. They issued a “peer perform” rating for the company. Hsbc Global Res downgraded Cisco Systems from a “strong-buy” rating to a “hold” rating in a research report on Friday, August 15th. Deutsche Bank Aktiengesellschaft upgraded Cisco Systems from a “hold” rating to a “buy” rating and increased their target price for the company from $65.00 to $73.00 in a research report on Monday, June 16th. UBS Group increased their target price on Cisco Systems from $70.00 to $74.00 and gave the company a “neutral” rating in a research report on Tuesday, August 5th. Finally, Piper Sandler raised their price objective on Cisco Systems from $64.00 to $70.00 and gave the stock a “neutral” rating in a research report on Thursday, August 14th. One research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and ten have assigned a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $74.72.

Cisco Systems Profile

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.