Cisco Systems, Inc. $CSCO Shares Sold by Sava Infond d.o.o.

Sava Infond d.o.o. lessened its stake in Cisco Systems, Inc. (NASDAQ:CSCO) by 66.1% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 1,670 shares of the network equipment provider’s stock after selling 3,250 shares during the period. Sava Infond d.o.o.’s holdings in Cisco Systems were worth $116,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Pandora Wealth Inc. acquired a new stake in Cisco Systems in the 1st quarter valued at approximately $31,000. Nova Wealth Management Inc. acquired a new stake in Cisco Systems in the 1st quarter valued at approximately $31,000. Brown Shipley& Co Ltd acquired a new stake in Cisco Systems in the 2nd quarter valued at approximately $32,000. Fairway Wealth LLC increased its holdings in Cisco Systems by 224.7% in the 1st quarter. Fairway Wealth LLC now owns 578 shares of the network equipment provider’s stock valued at $36,000 after purchasing an additional 400 shares during the last quarter. Finally, Accent Capital Management LLC acquired a new stake in Cisco Systems in the 1st quarter valued at approximately $36,000. Institutional investors and hedge funds own 73.33% of the company’s stock.

Insider Buying and Selling at Cisco Systems

In related news, EVP Deborah L. Stahlkopf sold 2,718 shares of the business’s stock in a transaction on Thursday, September 11th. The shares were 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 of the company’s stock, valued at $10,701,086.72. The trade was a 1.70% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Charles Robbins sold 30,557 shares of the business’s stock in a transaction on Friday, August 15th. The shares were sold at an average price of $66.63, for a total transaction of $2,036,012.91. Following the completion of the sale, the chief executive officer directly owned 639,000 shares of the company’s stock, valued at approximately $42,576,570. This trade represents a 4.56% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 82,965 shares of company stock worth $5,559,996. 0.01% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

Several analysts recently weighed in on CSCO shares. Evercore ISI lifted their target price on shares of Cisco Systems from $72.00 to $74.00 and gave the company an “in-line” rating in a report on Thursday, August 14th. JPMorgan Chase & Co. lifted their target price on shares of Cisco Systems from $73.00 to $78.00 and gave the company an “overweight” rating in a report on Thursday, July 17th. Deutsche Bank Aktiengesellschaft upgraded shares of Cisco Systems from a “hold” rating to a “buy” rating and boosted their price target for the stock from $65.00 to $73.00 in a research note on Monday, June 16th. Morgan Stanley boosted their price target on shares of Cisco Systems from $67.00 to $70.00 and gave the stock an “overweight” rating in a research note on Friday, July 18th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of Cisco Systems in a research note on Saturday, September 27th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating and ten have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $74.53.

Cisco Systems Price Performance

Cisco Systems stock opened at $67.92 on Friday. The stock has a market cap of $268.50 billion, a P/E ratio of 25.92, a price-to-earnings-growth ratio of 2.87 and a beta of 0.97. The company has a fifty day simple moving average of $68.10 and a 200-day simple moving average of $64.57. Cisco Systems, Inc. has a 12-month low of $52.11 and a 12-month high of $72.55. The company has a current ratio of 1.00, a quick ratio of 0.91 and a debt-to-equity ratio of 0.49.

Cisco Systems (NASDAQ:CSCO) last released its quarterly earnings data on Wednesday, August 13th. The network equipment provider reported $0.99 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.98 by $0.01. The business had revenue of $14.67 billion during the quarter, compared to analysts’ expectations of $14.63 billion. Cisco Systems had a net margin of 18.45% and a return on equity of 27.06%. The company’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 earned $0.87 EPS. Cisco Systems has set its Q1 2026 guidance at 0.970-0.990 EPS. FY 2026 guidance at 4.000-4.060 EPS. Equities analysts expect that Cisco Systems, Inc. will post 3.04 EPS for the current fiscal year.

Cisco Systems Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 22nd. Stockholders of record on Friday, October 3rd will be given a dividend of $0.41 per share. This represents a $1.64 annualized dividend and a dividend yield of 2.4%. The ex-dividend date of this dividend is Friday, October 3rd. Cisco Systems’s payout ratio is 62.60%.

Cisco Systems Company 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.