Simplicity Wealth LLC Acquires 35,670 Shares of Cisco Systems, Inc. $CSCO

Simplicity Wealth LLC increased its holdings in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 91.4% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 74,699 shares of the network equipment provider’s stock after buying an additional 35,670 shares during the period. Simplicity Wealth LLC’s holdings in Cisco Systems were worth $5,183,000 at the end of the most recent quarter.

Several other large investors have also recently bought and sold shares of the company. Postrock Partners LLC increased its stake in Cisco Systems by 4.5% in the second quarter. Postrock Partners LLC now owns 3,480 shares of the network equipment provider’s stock valued at $241,000 after purchasing an additional 150 shares in the last quarter. Mount Vernon Associates Inc. MD increased its stake in Cisco Systems by 0.4% in the second quarter. Mount Vernon Associates Inc. MD now owns 41,379 shares of the network equipment provider’s stock valued at $2,871,000 after purchasing an additional 150 shares in the last quarter. Pacifica Partners Inc. increased its stake in Cisco Systems by 0.5% in the second quarter. Pacifica Partners Inc. now owns 34,060 shares of the network equipment provider’s stock valued at $2,338,000 after purchasing an additional 155 shares in the last quarter. Pacific Sage Partners LLC increased its stake in Cisco Systems by 0.9% in the second quarter. Pacific Sage Partners LLC now owns 16,746 shares of the network equipment provider’s stock valued at $1,162,000 after purchasing an additional 156 shares in the last quarter. Finally, Childress Capital Advisors LLC increased its stake in Cisco Systems by 0.8% in the second quarter. Childress Capital Advisors LLC now owns 18,806 shares of the network equipment provider’s stock valued at $1,305,000 after purchasing an additional 157 shares in the last quarter. Institutional investors own 73.33% of the company’s stock.

Insider Activity at Cisco Systems

In other news, EVP Deborah L. Stahlkopf sold 2,718 shares of the firm’s stock in a transaction dated Thursday, September 11th. The shares were sold at an average price of $68.08, for a total transaction of $185,041.44. Following the completion of the sale, the executive vice president owned 157,184 shares in the company, valued at approximately $10,701,086.72. This trade represents a 1.70% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, EVP Thimaya K. Subaiya sold 1,744 shares of Cisco Systems stock in a transaction dated Friday, September 12th. The stock was sold at an average price of $66.78, for a total transaction of $116,464.32. Following the completion of the sale, the executive vice president owned 158,009 shares of the company’s stock, valued at $10,551,841.02. This trade represents a 1.09% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 82,965 shares of company stock worth $5,559,996 in the last quarter. 0.01% of the stock is owned by corporate insiders.

Cisco Systems Stock Performance

NASDAQ CSCO opened at $67.92 on Friday. The firm has a 50-day moving average of $68.10 and a 200-day moving average of $64.59. The company has a debt-to-equity ratio of 0.49, a quick ratio of 0.91 and a current ratio of 1.00. The stock has a market cap of $268.50 billion, a PE ratio of 25.92, a P/E/G ratio of 2.85 and a beta of 0.97. Cisco Systems, Inc. has a 52-week low of $52.11 and a 52-week high of $72.55.

Cisco Systems (NASDAQ:CSCO) last posted its earnings results on Wednesday, August 13th. The network equipment provider reported $0.99 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.98 by $0.01. The company 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%. Cisco Systems’s quarterly revenue was up 7.6% compared to the same quarter last year. During the same quarter last year, the company posted $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. On average, sell-side analysts anticipate that Cisco Systems, Inc. will post 3.04 EPS for the current year.

Cisco Systems Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, October 22nd. Stockholders of record on Friday, October 3rd will be paid a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date is Friday, October 3rd. Cisco Systems’s dividend payout ratio (DPR) is currently 62.60%.

Analyst Upgrades and Downgrades

Several brokerages have commented on CSCO. Barclays upped their target price on shares of Cisco Systems from $66.00 to $71.00 and gave the company an “equal weight” rating in a research note on Thursday, August 14th. CICC Research started coverage on shares of Cisco Systems in a report on Monday, July 14th. They issued an “outperform” rating and a $78.00 price target for the company. Weiss Ratings reiterated a “buy (b-)” rating on shares of Cisco Systems in a report on Saturday, September 27th. Wall Street Zen cut shares of Cisco Systems from a “strong-buy” rating to a “buy” rating in a report on Saturday, July 12th. Finally, UBS Group upped their price target on shares of Cisco Systems from $70.00 to $74.00 and gave the company a “neutral” rating in a report on Tuesday, August 5th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating and ten have issued a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $74.53.

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.