Cisco Systems, Inc. $CSCO Shares Sold by Koshinski Asset Management Inc.

Koshinski Asset Management Inc. trimmed its position in Cisco Systems, Inc. (NASDAQ:CSCO) by 1.8% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 68,812 shares of the network equipment provider’s stock after selling 1,242 shares during the period. Koshinski Asset Management Inc.’s holdings in Cisco Systems were worth $4,774,000 at the end of the most recent reporting period.

A number of other institutional investors have also bought and sold shares of the business. Nicholson Wealth Management Group LLC lifted its stake in Cisco Systems by 2.5% in the 2nd quarter. Nicholson Wealth Management Group LLC now owns 27,335 shares of the network equipment provider’s stock worth $1,897,000 after purchasing an additional 667 shares in the last quarter. Arista Wealth Management LLC purchased a new position in Cisco Systems in the 2nd quarter worth approximately $1,823,000. Stratos Wealth Partners LTD. lifted its stake in Cisco Systems by 4.9% in the 2nd quarter. Stratos Wealth Partners LTD. now owns 116,502 shares of the network equipment provider’s stock worth $8,083,000 after purchasing an additional 5,467 shares in the last quarter. Private Trust Co. NA lifted its stake in Cisco Systems by 11.0% in the 2nd quarter. Private Trust Co. NA now owns 54,326 shares of the network equipment provider’s stock worth $3,769,000 after purchasing an additional 5,402 shares in the last quarter. Finally, Vectors Research Management LLC lifted its stake in Cisco Systems by 7.6% in the 2nd quarter. Vectors Research Management LLC now owns 45,959 shares of the network equipment provider’s stock worth $3,189,000 after purchasing an additional 3,257 shares in the last quarter. 73.33% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the stock. William Blair raised shares of Cisco Systems to a “hold” rating in a research note on Thursday, August 14th. Bank of America raised their target price on shares of Cisco Systems from $76.00 to $85.00 and gave the stock a “buy” rating in a research note on Thursday, August 14th. Piper Sandler lifted their price target on shares of Cisco Systems from $64.00 to $70.00 and gave the company a “neutral” rating in a research report on Thursday, August 14th. Barclays lifted their price target on shares of Cisco Systems from $66.00 to $71.00 and gave the company an “equal weight” rating in a research report on Thursday, August 14th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Cisco Systems from $73.00 to $78.00 and gave the company an “overweight” rating in a research report on Thursday, July 17th. One analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and ten have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $74.72.

Cisco Systems Stock Up 1.5%

Shares of NASDAQ CSCO opened at $70.13 on Friday. The firm has a market cap of $277.24 billion, a price-to-earnings ratio of 26.77, a PEG ratio of 2.91 and a beta of 0.97. The company has a quick ratio of 0.91, a current ratio of 1.00 and a debt-to-equity ratio of 0.49. Cisco Systems, Inc. has a 52-week low of $52.11 and a 52-week high of $72.55. The business’s 50 day moving average is $68.20 and its two-hundred day moving average is $65.11.

Cisco Systems (NASDAQ:CSCO) last announced its earnings results on Wednesday, August 13th. The network equipment provider reported $0.99 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.98 by $0.01. The company had revenue of $14.67 billion for the quarter, compared to analyst estimates of $14.63 billion. Cisco Systems had a return on equity of 27.06% and a net margin of 18.45%.The firm’s quarterly revenue was up 7.6% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.87 earnings per share. Cisco Systems has set its Q1 2026 guidance at 0.970-0.990 EPS. FY 2026 guidance at 4.000-4.060 EPS. Research analysts predict that Cisco Systems, Inc. will post 3.04 EPS for the current year.

Cisco Systems Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, October 22nd. Shareholders of record on Friday, October 3rd will be given a $0.41 dividend. The ex-dividend date of this dividend is Friday, October 3rd. This represents a $1.64 dividend on an annualized basis and a yield of 2.3%. Cisco Systems’s payout ratio is presently 62.60%.

Insider Buying and Selling

In other Cisco Systems news, EVP Thimaya K. Subaiya sold 1,744 shares of the business’s stock in a transaction on Friday, September 12th. The shares were sold at an average price of $66.78, for a total value of $116,464.32. Following the completion of the transaction, the executive vice president owned 158,009 shares in the company, valued at $10,551,841.02. The trade was a 1.09% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, SVP Maria Victoria Wong sold 428 shares of the business’s stock in a transaction on Thursday, September 11th. The stock was sold at an average price of $68.25, for a total transaction of $29,211.00. Following the completion of the transaction, the senior vice president owned 30,619 shares of the company’s stock, valued at approximately $2,089,746.75. This trade represents a 1.38% decrease in their position. The disclosure for this sale can be found here. Insiders have sold 82,965 shares of company stock valued at $5,559,996 over the last quarter. 0.01% of the stock is owned by corporate insiders.

About Cisco Systems

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.