21,750 Cisco Systems, Inc. $CSCO Shares Sold by Nelson Capital Management LLC

Nelson Capital Management LLC lessened its holdings in Cisco Systems, Inc. (NASDAQ:CSCO) by 16.2% during the third quarter, HoldingsChannel reports. The firm owned 112,669 shares of the network equipment provider’s stock after selling 21,750 shares during the quarter. Cisco Systems accounts for 1.3% of Nelson Capital Management LLC’s holdings, making the stock its 14th largest position. Nelson Capital Management LLC’s holdings in Cisco Systems were worth $12,127,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of CSCO. Halbert Hargrove Global Advisors LLC lifted its position in shares of Cisco Systems by 142.5% during the 3rd quarter. Halbert Hargrove Global Advisors LLC now owns 257 shares of the network equipment provider’s stock worth $28,000 after buying an additional 151 shares during the last quarter. Kings Path Partners LLC acquired a new stake in Cisco Systems in the third quarter valued at about $31,000. Blueline Advisors LLC acquired a new stake in Cisco Systems in the third quarter valued at about $32,000. RMG Wealth Management LLC grew its position in Cisco Systems by 308.7% in the first quarter. RMG Wealth Management LLC now owns 425 shares of the network equipment provider’s stock valued at $33,000 after acquiring an additional 321 shares during the last quarter. Finally, GK Wealth Management LLC bought a new position in Cisco Systems in the third quarter valued at about $37,000. Institutional investors own 73.33% of the company’s stock.

Recent Cisco Systems Headlines

These are some of the CSCO headlines that stood out recently:

• Positive Sentiment: Cisco reported revenue of $18.5 billion and adjusted EPS of $1.40, beating estimates. It raised fiscal 2027 revenue guidance to $74.8–$75.8 billion and EPS guidance to $5.47–$5.53, and lifted its AI revenue target to $9 billion. Strong AI-infrastructure and networking demand underpin the outlook. Reuters: Cisco raises annual revenue forecast
• Positive Sentiment: Management characterized the sequential decline in its second-quarter revenue outlook as seasonal rather than a sign of weakening demand, and emphasized the company’s profitability. Cisco CEO comments on guidance and profitability
• Negative Sentiment: Fiscal Q1 product orders rose 21%, but missed expectations and slowed from the prior period, raising questions about the pace of demand growth. Yahoo Finance: Cisco down on expectations miss

Analysts Set New Price Targets

CSCO has been the subject of several research analyst reports. Wells Fargo & Company lowered their target price on Cisco Systems from $150.00 to $130.00 and set an “overweight” rating for the company in a research note on Friday. HSBC downgraded shares of Cisco Systems from a “buy” rating to a “hold” rating and reduced their price target for the company from $137.00 to $120.00 in a research note on Friday, August 14th. Zacks Research raised shares of Cisco Systems from a “hold” rating to a “strong-buy” rating in a report on Wednesday, September 30th. Sanford C. Bernstein started coverage on shares of Cisco Systems in a report on Wednesday, September 30th. They set a “market perform” rating and a $110.00 price target on the stock. Finally, UBS Group upped their price objective on shares of Cisco Systems from $132.00 to $138.00 and gave the stock a “buy” rating in a research report on Thursday, August 13th. Three investment analysts have rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating and eight have given a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $125.64.

Insider Transactions at Cisco Systems

In related news, EVP Thimaya K. Subaiya sold 312 shares of the firm’s stock in a transaction that occurred on Monday, September 14th. The shares were sold at an average price of $110.18, for a total value of $34,376.16. Following the completion of the transaction, the executive vice president owned 127,661 shares in the company, valued at $14,065,688.98. This trade represents a 0.24% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Oliver Tuszik sold 680 shares of Cisco Systems stock in a transaction that occurred on Monday, September 14th. The stock was sold at an average price of $110.18, for a total transaction of $74,922.40. Following the sale, the executive vice president owned 163,337 shares in the company, valued at approximately $17,996,470.66. This represents a 0.41% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 6,824 shares of company stock worth $759,392 over the last three months. Insiders own 0.01% of the company’s stock.

Cisco Systems Price Performance

Shares of NASDAQ CSCO traded down $6.37 during mid-day trading on Friday, hitting $95.64. 28,551,419 shares of the stock traded hands, compared to its average volume of 19,473,690. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.93 and a quick ratio of 0.79. Cisco Systems, Inc. has a twelve month low of $72.80 and a twelve month high of $130.37. The company has a market cap of $377.07 billion, a PE ratio of 25.44, a price-to-earnings-growth ratio of 2.09 and a beta of 1.01. The firm has a 50 day simple moving average of $107.76 and a two-hundred day simple moving average of $102.21.

Cisco Systems (NASDAQ:CSCO) last issued its quarterly earnings data on Thursday, November 12th. The network equipment provider reported $1.40 earnings per share for the quarter, topping analysts’ consensus estimates of $1.33 by $0.07. Cisco Systems had a return on equity of 33.06% and a net margin of 22.34%. The business had revenue of $18.52 billion for the quarter, compared to analyst estimates of $18.12 billion. During the same quarter in the previous year, the company posted $1.00 EPS. Cisco Systems has set its Q2 2027 guidance at 1.340-1.360 EPS and its FY 2027 guidance at 5.470-5.530 EPS. As a group, equities research analysts forecast that Cisco Systems, Inc. will post 4.48 EPS for the current fiscal year.

Cisco Systems Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, January 20th. Stockholders of record on Monday, January 4th will be paid a dividend of $0.42 per share. This represents a $1.68 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date of this dividend is Monday, January 4th. Cisco Systems’s dividend payout ratio (DPR) is presently 50.30%.

Cisco Systems Profile

Cisco Systems, Inc. develops networking, cybersecurity, collaboration and observability technologies for businesses, governments and other organizations. Its products include routers, switches, wireless systems and data center infrastructure, along with security software and services that help organizations connect and protect their networks. The company also provides collaboration tools through its Webex platform and observability capabilities through its software offerings, including technology from Splunk, which Cisco acquired in 2024.