Simplify Asset Management Inc. Invests $1.12 Million in Cisco Systems, Inc. $CSCO

Simplify Asset Management Inc. bought a new position in shares of Cisco Systems, Inc. (NASDAQ:CSCO) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund bought 16,391 shares of the network equipment provider’s stock, valued at approximately $1,121,000.

Other large investors have also recently bought and sold shares of the company. Brighton Jones LLC boosted its stake in shares of Cisco Systems by 49.5% in the fourth quarter. Brighton Jones LLC now owns 74,187 shares of the network equipment provider’s stock valued at $4,392,000 after buying an additional 24,562 shares during the period. Revolve Wealth Partners LLC raised its holdings in Cisco Systems by 37.0% in the 4th quarter. Revolve Wealth Partners LLC now owns 9,156 shares of the network equipment provider’s stock valued at $542,000 after acquiring an additional 2,474 shares in the last quarter. Panagora Asset Management Inc. raised its holdings in Cisco Systems by 9.1% in the 1st quarter. Panagora Asset Management Inc. now owns 77,845 shares of the network equipment provider’s stock valued at $4,804,000 after acquiring an additional 6,517 shares in the last quarter. Calton & Associates Inc. lifted its position in shares of Cisco Systems by 18.8% during the 1st quarter. Calton & Associates Inc. now owns 9,935 shares of the network equipment provider’s stock valued at $613,000 after acquiring an additional 1,569 shares during the period. Finally, Quarry LP grew its holdings in shares of Cisco Systems by 117.9% during the 1st quarter. Quarry LP now owns 2,820 shares of the network equipment provider’s stock worth $174,000 after purchasing an additional 1,526 shares in the last quarter. 73.33% of the stock is owned by institutional investors.

Cisco Systems Stock Down 0.5%

CSCO stock opened at $77.79 on Tuesday. The firm has a 50-day moving average price of $75.65 and a 200-day moving average price of $70.80. 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 stock has a market capitalization of $307.36 billion, a P/E ratio of 29.24, a price-to-earnings-growth ratio of 2.96 and a beta of 0.87.

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

Cisco Systems Announces Dividend

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

Insider Buying and Selling at Cisco Systems

In other news, SVP Maria Victoria Wong sold 428 shares of the business’s stock in a transaction dated Thursday, December 11th. The stock was sold at an average price of $80.33, for a total transaction of $34,381.24. Following the sale, the senior vice president directly owned 32,176 shares in the company, valued at approximately $2,584,698.08. The trade was a 1.31% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Charles Robbins sold 116,734 shares of the company’s stock in a transaction that occurred on Tuesday, November 18th. The shares were sold at an average price of $77.30, for a total value of $9,023,538.20. Following the completion of the transaction, the chief executive officer directly owned 704,153 shares of the company’s stock, valued at $54,431,026.90. This represents a 14.22% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 1,044,865 shares of company stock worth $81,397,635 over the last three months. 0.01% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of research analysts recently commented on the company. BNP Paribas Exane boosted their price target on Cisco Systems from $76.00 to $86.00 and gave the company an “outperform” rating in a research note on Thursday, November 13th. Evercore ISI raised their target price on shares of Cisco Systems from $74.00 to $80.00 and gave the company an “in-line” rating in a report on Thursday, November 13th. Erste Group Bank raised shares of Cisco Systems from a “hold” rating to a “buy” rating in a report on Monday, November 10th. Citic Securities increased their price target on shares of Cisco Systems from $75.00 to $90.00 in a research report on Monday, November 17th. Finally, KeyCorp lifted their price objective on shares of Cisco Systems from $77.00 to $87.00 and gave the company an “overweight” rating in a research note on Thursday, November 13th. Seventeen investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $84.70.

Cisco Systems Profile

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.