Tema Etfs LLC Invests $5.48 Million in Cisco Systems, Inc. $CSCO

Tema Etfs LLC acquired a new stake in shares of Cisco Systems, Inc. (NASDAQ:CSCOFree Report) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 80,126 shares of the network equipment provider’s stock, valued at approximately $5,482,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of CSCO. Bare Financial Services Inc lifted its stake in shares of Cisco Systems by 531.0% in the 2nd quarter. Bare Financial Services Inc now owns 366 shares of the network equipment provider’s stock worth $25,000 after acquiring an additional 308 shares during the period. Financial Connections Group Inc. lifted its position in Cisco Systems by 89.4% in the second quarter. Financial Connections Group Inc. now owns 409 shares of the network equipment provider’s stock worth $28,000 after purchasing an additional 193 shares during the period. Legacy Investment Solutions LLC bought a new position in Cisco Systems during the 2nd quarter valued at $28,000. Lowe Wealth Advisors LLC increased its position in shares of Cisco Systems by 96.2% during the 3rd quarter. Lowe Wealth Advisors LLC now owns 408 shares of the network equipment provider’s stock valued at $28,000 after purchasing an additional 200 shares during the period. Finally, Brown Shipley& Co Ltd bought a new stake in shares of Cisco Systems in the 2nd quarter worth $32,000. Institutional investors own 73.33% of the company’s stock.

Analysts Set New Price Targets

Several brokerages recently weighed in on CSCO. Erste Group Bank raised Cisco Systems from a “hold” rating to a “buy” rating in a research note on Monday, November 10th. Wall Street Zen lowered shares of Cisco Systems from a “buy” rating to a “hold” rating in a research report on Saturday, November 22nd. KeyCorp boosted their target price on shares of Cisco Systems from $77.00 to $87.00 and gave the stock an “overweight” rating in a report on Thursday, November 13th. BNP Paribas Exane raised their target price on shares of Cisco Systems from $76.00 to $86.00 and gave the stock an “outperform” rating in a report on Thursday, November 13th. Finally, Melius Research upped their price target on Cisco Systems from $84.00 to $100.00 and gave the company a “buy” rating in a report on Thursday, November 13th. Sixteen analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $85.23.

View Our Latest Stock Analysis on CSCO

Insiders Place Their Bets

In related news, EVP Thimaya K. Subaiya sold 1,745 shares of the firm’s stock in a transaction that occurred on Friday, December 12th. The shares were sold at an average price of $79.46, for a total transaction of $138,657.70. Following the completion of the sale, the executive vice president directly owned 176,319 shares in the company, valued at approximately $14,010,307.74. This trade represents a 0.98% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Kristina M. Johnson sold 13,481 shares of Cisco Systems stock in a transaction on Thursday, December 18th. The shares were sold at an average price of $77.13, for a total value of $1,039,789.53. Following the sale, the director directly owned 61,630 shares of the company’s stock, valued at approximately $4,753,521.90. The trade was a 17.95% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 1,044,865 shares of company stock valued at $81,397,635 over the last ninety days. Insiders own 0.01% of the company’s stock.

Cisco Systems Stock Down 0.1%

Shares of NASDAQ:CSCO opened at $73.88 on Monday. The firm has a 50 day simple moving average of $76.39 and a 200 day simple moving average of $71.40. Cisco Systems, Inc. has a 52 week low of $52.11 and a 52 week high of $80.82. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.83 and a current ratio of 0.93. The company has a market cap of $291.91 billion, a PE ratio of 27.77, a price-to-earnings-growth ratio of 2.79 and a beta of 0.87.

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

Cisco Systems Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, January 21st. Stockholders of record on Friday, January 2nd will be issued a $0.41 dividend. The ex-dividend date is Friday, January 2nd. This represents a $1.64 dividend on an annualized basis and a dividend yield of 2.2%. Cisco Systems’s dividend payout ratio is currently 61.65%.

Cisco Systems Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Cisco Systems (NASDAQ:CSCO)

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