Rep. Maria Elvira Salazar Purchases Shares of Cisco Systems, Inc. (NASDAQ:CSCO)

Representative Maria Elvira Salazar (Republican-Florida) recently bought shares of Cisco Systems, Inc. (NASDAQ:CSCO). In a filing disclosed on April 21st, the Representative disclosed that they had bought between $15,001 and $50,000 in Cisco Systems stock on March 19th. The trade occurred in the Representative’s “UBS BROKERAGE ACCOUNT” account.

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

  • Purchased $1,001 – $15,000 in shares of United Rentals (NYSE:URI) on 3/25/2026.
  • Purchased $1,001 – $15,000 in shares of FedEx (NYSE:FDX) on 3/25/2026.
  • Purchased $15,001 – $50,000 in shares of Honeywell International (NASDAQ:HON) on 3/24/2026.
  • Purchased $1,001 – $15,000 in shares of GE Aerospace (NYSE:GE) on 3/24/2026.
  • Purchased $15,001 – $50,000 in shares of Amgen (NASDAQ:AMGN) on 3/24/2026.
  • Purchased $15,001 – $50,000 in shares of Whirlpool (NYSE:WHR) on 3/19/2026.
  • Purchased $15,001 – $50,000 in shares of Boeing (NYSE:BA) on 3/19/2026.
  • Purchased $1,001 – $15,000 in shares of Cisco Systems (NASDAQ:CSCO) on 3/19/2026.
  • Purchased $15,001 – $50,000 in shares of FedEx (NYSE:FDX) on 3/19/2026.
  • Purchased $15,001 – $50,000 in shares of The Goldman Sachs Group (NYSE:GS) on 3/19/2026.

Cisco Systems Price Performance

CSCO stock opened at $89.80 on Thursday. The stock has a market capitalization of $354.70 billion, a PE ratio of 31.51, a price-to-earnings-growth ratio of 3.38 and a beta of 0.83. The company’s 50-day moving average is $80.03 and its 200-day moving average is $77.16. The company has a debt-to-equity ratio of 0.45, a current ratio of 0.96 and a quick ratio of 0.85. Cisco Systems, Inc. has a 1 year low of $55.16 and a 1 year high of $90.45.

Cisco Systems (NASDAQ:CSCOGet Free Report) last released its quarterly earnings data on Wednesday, February 11th. The network equipment provider reported $1.04 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.02 by $0.02. The company had revenue of $15.35 billion for the quarter, compared to analysts’ expectations of $15.11 billion. Cisco Systems had a net margin of 19.22% and a return on equity of 27.88%. The business’s revenue was up 9.7% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.94 EPS. Equities research analysts expect that Cisco Systems, Inc. will post 3.4 EPS for the current fiscal year.

Cisco Systems Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, April 22nd. Stockholders of record on Thursday, April 2nd were given a dividend of $0.42 per share. This is a boost from Cisco Systems’s previous quarterly dividend of $0.41. The ex-dividend date of this dividend was Thursday, April 2nd. This represents a $1.68 dividend on an annualized basis and a dividend yield of 1.9%. Cisco Systems’s payout ratio is currently 58.95%.

Institutional Investors Weigh In On Cisco Systems

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Continuum Advisory LLC increased its stake in Cisco Systems by 12.8% in the 1st quarter. Continuum Advisory LLC now owns 20,202 shares of the network equipment provider’s stock valued at $1,568,000 after buying an additional 2,294 shares during the last quarter. Networth Advisors LLC increased its stake in Cisco Systems by 276.4% in the 1st quarter. Networth Advisors LLC now owns 335 shares of the network equipment provider’s stock valued at $26,000 after buying an additional 246 shares during the last quarter. McLean Asset Management Corp increased its stake in Cisco Systems by 8.3% in the 1st quarter. McLean Asset Management Corp now owns 6,503 shares of the network equipment provider’s stock valued at $505,000 after buying an additional 498 shares during the last quarter. Apollon Wealth Management LLC increased its stake in Cisco Systems by 4.8% in the 1st quarter. Apollon Wealth Management LLC now owns 182,237 shares of the network equipment provider’s stock valued at $14,140,000 after buying an additional 8,347 shares during the last quarter. Finally, Vicus Capital increased its stake in Cisco Systems by 1.5% in the 1st quarter. Vicus Capital now owns 9,187 shares of the network equipment provider’s stock valued at $713,000 after buying an additional 132 shares during the last quarter. Hedge funds and other institutional investors own 73.33% of the company’s stock.

Key Cisco Systems News

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

Analyst Upgrades and Downgrades

CSCO has been the topic of a number of research analyst reports. JPMorgan Chase & Co. increased their price objective on shares of Cisco Systems from $95.00 to $96.00 and gave the stock an “overweight” rating in a research report on Thursday, April 16th. Argus upgraded shares of Cisco Systems to a “strong-buy” rating in a report on Friday, February 13th. President Capital lowered their target price on shares of Cisco Systems from $90.00 to $88.00 in a report on Wednesday, December 24th. Citigroup upped their target price on shares of Cisco Systems from $85.00 to $90.00 and gave the stock a “buy” rating in a report on Thursday, February 12th. Finally, Truist Financial initiated coverage on shares of Cisco Systems in a report on Tuesday, March 31st. They issued a “buy” rating and a $94.00 target price on the stock. Three analysts have rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and eight have issued a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $89.81.

View Our Latest Report on Cisco Systems

Insider Transactions at Cisco Systems

In other news, EVP Deborah L. Stahlkopf sold 7,981 shares of the stock in a transaction that occurred on Tuesday, March 17th. The shares were sold at an average price of $79.50, for a total transaction of $634,489.50. Following the completion of the transaction, the executive vice president directly owned 187,097 shares of the company’s stock, valued at $14,874,211.50. This represents a 4.09% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Charles Robbins sold 19,545 shares of the stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $76.00, for a total transaction of $1,485,420.00. Following the transaction, the chief executive officer directly owned 671,095 shares of the company’s stock, valued at $51,003,220. This represents a 2.83% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 46,431 shares of company stock worth $3,574,820. Company insiders own 0.01% 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

(Get Free Report)

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.

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