Cisco Systems, Inc. $CSCO Shares Sold by Mirabaud & Cie SA

Mirabaud & Cie SA decreased its position in Cisco Systems, Inc. (NASDAQ:CSCO) by 54.3% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 22,534 shares of the network equipment provider’s stock after selling 26,771 shares during the period. Mirabaud & Cie SA’s holdings in Cisco Systems were worth $1,542,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Avantax Advisory Services Inc. increased its holdings in Cisco Systems by 1.1% in the second quarter. Avantax Advisory Services Inc. now owns 420,336 shares of the network equipment provider’s stock valued at $29,163,000 after buying an additional 4,525 shares in the last quarter. Drive Wealth Management LLC increased its stake in Cisco Systems by 2.7% in the 2nd quarter. Drive Wealth Management LLC now owns 16,605 shares of the network equipment provider’s stock valued at $1,152,000 after purchasing an additional 436 shares in the last quarter. Shell Asset Management Co. raised its holdings in Cisco Systems by 53.3% during the second quarter. Shell Asset Management Co. now owns 77,234 shares of the network equipment provider’s stock worth $5,358,000 after purchasing an additional 26,840 shares during the last quarter. Guinness Asset Management LTD boosted its position in Cisco Systems by 15.9% during the second quarter. Guinness Asset Management LTD now owns 4,389,728 shares of the network equipment provider’s stock worth $304,451,000 after purchasing an additional 603,131 shares in the last quarter. Finally, Geode Capital Management LLC grew its holdings in Cisco Systems by 1.2% in the second quarter. Geode Capital Management LLC now owns 99,252,395 shares of the network equipment provider’s stock valued at $6,864,058,000 after purchasing an additional 1,157,704 shares during the last quarter. 73.33% of the stock is currently owned by hedge funds and other institutional investors.

Cisco Systems Price Performance

CSCO stock opened at $78.27 on Friday. The stock has a market capitalization of $309.27 billion, a price-to-earnings ratio of 29.43, a price-to-earnings-growth ratio of 2.95 and a beta of 0.87. The company has a quick ratio of 0.83, a current ratio of 0.93 and a debt-to-equity ratio of 0.46. Cisco Systems, Inc. has a 52-week low of $52.11 and a 52-week high of $80.82. The stock’s fifty day simple moving average is $75.35 and its 200-day simple moving average is $70.54.

Cisco Systems (NASDAQ:CSCO) last released its earnings results on Wednesday, November 12th. The network equipment provider reported $1.00 EPS for the quarter, beating the consensus estimate of $0.98 by $0.02. The firm had revenue of $14.88 billion during the quarter, compared to analyst estimates of $14.77 billion. Cisco Systems had a return on equity of 27.29% and a net margin of 18.38%.The business’s quarterly revenue was up 7.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.91 earnings per share. 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. Equities research analysts expect that Cisco Systems, Inc. will post 3.04 EPS for the current year.

Cisco Systems Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, January 21st. Shareholders of record on Friday, January 2nd will be paid a dividend of $0.41 per share. The ex-dividend date of this dividend is Friday, January 2nd. This represents a $1.64 dividend on an annualized basis and a yield of 2.1%. Cisco Systems’s dividend payout ratio (DPR) is currently 61.65%.

Analyst Ratings Changes

Several equities research analysts recently commented on the stock. BNP Paribas Exane boosted their price objective on shares of Cisco Systems from $76.00 to $86.00 and gave the stock an “outperform” rating in a research report on Thursday, November 13th. Piper Sandler upped their price target on shares of Cisco Systems from $70.00 to $86.00 and gave the company a “neutral” rating in a report on Thursday, November 13th. Wells Fargo & Company raised their price objective on shares of Cisco Systems from $83.00 to $95.00 and gave the stock an “overweight” rating in a research note on Thursday, November 13th. President Capital lowered their target price on Cisco Systems from $90.00 to $88.00 in a report on Wednesday. Finally, Citic Securities boosted their price target on Cisco Systems from $75.00 to $90.00 in a report on Monday, November 17th. Seventeen investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Cisco Systems currently has an average rating of “Moderate Buy” and a consensus target price of $84.70.

Insider Activity at Cisco Systems

In other news, CEO Charles Robbins sold 116,734 shares of the company’s stock in a transaction on Tuesday, November 18th. The stock was sold at an average price of $77.30, for a total transaction of $9,023,538.20. Following the completion of the sale, the chief executive officer directly owned 704,153 shares in the company, valued at $54,431,026.90. This represents a 14.22% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director Michael D. Capellas sold 10,850 shares of Cisco Systems stock in a transaction on Friday, December 19th. The shares were sold at an average price of $77.13, for a total value of $836,860.50. Following the completion of the transaction, the director owned 146,368 shares in the company, valued at $11,289,363.84. The trade was a 6.90% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 1,044,865 shares of company stock worth $81,397,635. 0.01% of the stock is owned by corporate insiders.

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.