Cisco Systems (NASDAQ:CSCO) CEO Charles Robbins Sells 21,400 Shares

Cisco Systems, Inc. (NASDAQ:CSCO) CEO Charles Robbins sold 21,400 shares of Cisco Systems stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $120.03, for a total transaction of $2,568,642.00. Following the completion of the sale, the chief executive officer directly owned 637,085 shares of the company’s stock, valued at approximately $76,469,312.55. The trade was a 3.25% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Cisco Systems Stock Performance

Cisco Systems stock traded up $1.34 on Wednesday, reaching $119.67. 21,152,762 shares of the stock were exchanged, compared to its average volume of 23,444,146. The company has a current ratio of 0.92, a quick ratio of 0.81 and a debt-to-equity ratio of 0.40. Cisco Systems, Inc. has a twelve month low of $62.30 and a twelve month high of $120.79. The firm has a fifty day moving average price of $90.99 and a two-hundred day moving average price of $82.24. The stock has a market cap of $471.67 billion, a PE ratio of 38.85, a PEG ratio of 3.66 and a beta of 0.92.

Cisco Systems (NASDAQ:CSCO) last issued its quarterly earnings results on Wednesday, May 13th. The network equipment provider reported $1.06 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.03 by $0.03. Cisco Systems had a return on equity of 28.44% and a net margin of 20.14%.The company had revenue of $15.84 billion for the quarter, compared to the consensus estimate of $15.56 billion. During the same period last year, the business posted $0.96 earnings per share. The firm’s revenue was up 12.0% compared to the same quarter last year. Cisco Systems has set its Q4 2026 guidance at 1.160-1.180 EPS and its FY 2026 guidance at 4.270-4.290 EPS. Sell-side analysts anticipate that Cisco Systems, Inc. will post 3.44 EPS for the current year.

Cisco Systems Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, July 22nd. Stockholders of record on Monday, July 6th will be paid a $0.42 dividend. The ex-dividend date is Monday, July 6th. This represents a $1.68 annualized dividend and a dividend yield of 1.4%. Cisco Systems’s dividend payout ratio (DPR) is presently 54.55%.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Allen Capital Group LLC raised its position in shares of Cisco Systems by 4.7% during the first quarter. Allen Capital Group LLC now owns 17,752 shares of the network equipment provider’s stock valued at $1,377,000 after buying an additional 792 shares during the last quarter. Security Financial Services INC. increased its stake in Cisco Systems by 11.3% in the first quarter. Security Financial Services INC. now owns 4,629 shares of the network equipment provider’s stock valued at $359,000 after acquiring an additional 470 shares during the period. Summit Financial Wealth Advisors LLC raised its position in Cisco Systems by 1.2% in the first quarter. Summit Financial Wealth Advisors LLC now owns 167,443 shares of the network equipment provider’s stock worth $12,992,000 after purchasing an additional 2,048 shares in the last quarter. Axiom Investment Management LLC acquired a new position in Cisco Systems in the first quarter worth about $1,285,000. Finally, Groupama Asset Managment raised its position in Cisco Systems by 15.5% in the first quarter. Groupama Asset Managment now owns 149,572 shares of the network equipment provider’s stock worth $11,605,000 after purchasing an additional 20,074 shares in the last quarter. Institutional investors and hedge funds own 73.33% of the company’s stock.

Key Headlines Impacting Cisco Systems

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

• Positive Sentiment: Bank of America raised its price target on Cisco to $135 from $114 and kept a buy rating, citing accelerating demand for AI-driven high-speed optical networking equipment. BofA raises Cisco, Ciena targets as AI optics boom accelerates
• Positive Sentiment: Rosenblatt also lifted its target on Cisco to $150 from $100 and reiterated a buy after the company’s strong quarterly results, reinforcing the bullish analyst view. Rosenblatt Raises its Price Target on Cisco Systems (CSCO)
• Positive Sentiment: Articles highlighted Cisco as a major winner in the AI networking trade, noting that the stock has surged sharply over the past month as investors rotate toward infrastructure names benefiting from AI buildout. Cisco Soars 32% in a Month, Arista Falls 10%, Broadcom Drifts: The AI Networking Trade Has a Clear Winner
• Positive Sentiment: Cisco and Qumulo announced an industry-first CloudBridge architecture designed to help enterprises extend file workloads into the cloud and avoid hardware bottlenecks, adding another AI/cloud infrastructure use case for Cisco’s networking portfolio. Qumulo and Cisco Deliver Industry-First CloudBridge Architecture…
• Positive Sentiment: Recent coverage also pointed to Cisco’s strong earnings and AI-related order growth, suggesting the company is seeing real operating leverage from the AI infrastructure cycle. AI Buildout Fuels Record Results for These Companies
• Neutral Sentiment: Some momentum-focused articles simply framed Cisco as a top stock pick for traders, which supports the bullish narrative but does not add new fundamental information. Are You Looking for a Top Momentum Pick? Why Cisco Systems (CSCO) is a Great Choice
• Negative Sentiment: One article argued the Cisco trade may be getting crowded and fully priced, warning that some investors are now looking for cheaper AI networking alternatives like Nokia. Forget Cisco: Nokia Is the AI Networking Stock Nobody’s Watching

Wall Street Analyst Weigh In

Several analysts have issued reports on the stock. UBS Group raised their price target on shares of Cisco Systems from $95.00 to $132.00 and gave the stock a “buy” rating in a research report on Thursday, May 14th. Piper Sandler upped their price objective on shares of Cisco Systems from $86.00 to $132.00 and gave the company a “neutral” rating in a research report on Thursday, May 14th. Erste Group Bank lowered shares of Cisco Systems from a “buy” rating to a “hold” rating in a research report on Wednesday, February 18th. Citic Securities upped their price objective on shares of Cisco Systems from $90.00 to $130.00 in a research report on Friday, May 15th. Finally, The Goldman Sachs Group upped their price objective on shares of Cisco Systems from $75.00 to $116.00 and gave the company a “neutral” rating in a research report on Thursday, May 14th. Two research analysts have rated the stock with a Strong Buy rating, sixteen have given a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $119.09.

Cisco Systems Company 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.