Cisco Systems (NASDAQ:CSCO) Director Sells $1,039,789.53 in Stock

Key Points

  • Director Kristina Johnson sold 13,481 shares on December 18 at an average price of $77.13 for a total of $1,039,789.53, reducing her stake by 17.95% to 61,630 shares; the transaction was disclosed in an SEC filing.
  • Cisco beat recent quarterly expectations with $1.00 EPS (vs. $0.98 est.) and $14.88B revenue (up 7.5% YoY) and issued FY2026 guidance of 4.080–4.140 EPS, while analysts maintain a consensus "Moderate Buy" price target of about $84.55.
  • The company announced a quarterly dividend of $0.41 (ex-dividend date Jan 2, payable Jan 21), equal to $1.64 annualized for a ~2.1% yield and a payout ratio around 61.7%.

Cisco Systems, Inc. (NASDAQ:CSCO - Get Free Report) Director Kristina Johnson sold 13,481 shares of the company's stock in a transaction that occurred 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 completion of the sale, the director owned 61,630 shares in the company, valued at approximately $4,753,521.90. This represents a 17.95% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Cisco Systems Stock Performance

CSCO opened at $76.95 on Friday. The company has a current ratio of 0.93, a quick ratio of 0.83 and a debt-to-equity ratio of 0.46. Cisco Systems, Inc. has a 12-month low of $52.11 and a 12-month high of $80.82. The firm has a 50 day moving average of $74.38 and a two-hundred day moving average of $70.07. The firm has a market capitalization of $304.04 billion, a PE ratio of 28.93, a P/E/G ratio of 2.87 and a beta of 0.87.

Cisco Systems (NASDAQ:CSCO - Get Free Report) last released its quarterly earnings data on Wednesday, November 12th. The network equipment provider reported $1.00 earnings per share for the quarter, topping analysts' consensus estimates of $0.98 by $0.02. Cisco Systems had a net margin of 18.38% and a return on equity of 27.29%. The firm had revenue of $14.88 billion for the quarter, compared to analyst estimates of $14.77 billion. During the same quarter in the prior year, the business earned $0.91 earnings per share. The business's quarterly revenue was up 7.5% compared to the same quarter last year. 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. On average, analysts anticipate that Cisco Systems, Inc. will post 3.04 EPS for the current year.

Cisco Systems Announces Dividend




The business also recently announced a quarterly dividend, which will be paid on Wednesday, January 21st. Stockholders of record on Friday, January 2nd will be paid 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 2.1%. Cisco Systems's dividend payout ratio is presently 61.65%.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on CSCO shares. Citigroup lifted their price target on Cisco Systems from $80.00 to $85.00 and gave the company a "buy" rating in a research report on Thursday, November 13th. Morgan Stanley raised their price objective on shares of Cisco Systems from $82.00 to $91.00 and gave the stock an "overweight" rating in a research note on Wednesday. Erste Group Bank upgraded shares of Cisco Systems from a "hold" rating to a "buy" rating in a research note on Monday, November 10th. Wells Fargo & Company increased their price target on shares of Cisco Systems from $83.00 to $95.00 and gave the stock an "overweight" rating in a report on Thursday, November 13th. Finally, Rosenblatt Securities lifted their price objective on shares of Cisco Systems from $87.00 to $100.00 and gave the company a "buy" rating in a report on Thursday, November 13th. Seventeen research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to data from MarketBeat.com, Cisco Systems presently has an average rating of "Moderate Buy" and a consensus price target of $84.55.

Check Out Our Latest Research Report on Cisco Systems

Institutional Trading of Cisco Systems

Several institutional investors have recently modified their holdings of CSCO. Norges Bank acquired a new position in shares of Cisco Systems during the 2nd quarter worth about $3,816,825,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main increased its stake in Cisco Systems by 413.3% during the 2nd quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 22,393,371 shares of the network equipment provider's stock worth $1,553,645,000 after buying an additional 18,030,441 shares in the last quarter. Kingstone Capital Partners Texas LLC acquired a new position in shares of Cisco Systems during the second quarter valued at approximately $904,542,000. Franklin Resources Inc. lifted its position in shares of Cisco Systems by 46.2% in the second quarter. Franklin Resources Inc. now owns 40,836,858 shares of the network equipment provider's stock valued at $2,833,261,000 after acquiring an additional 12,904,969 shares in the last quarter. Finally, Arrowstreet Capital Limited Partnership boosted its stake in shares of Cisco Systems by 110.2% in the third quarter. Arrowstreet Capital Limited Partnership now owns 18,406,442 shares of the network equipment provider's stock worth $1,259,369,000 after acquiring an additional 9,648,265 shares during the last quarter. Institutional investors and hedge funds own 73.33% of the company's stock.

Cisco Systems Company Profile

(Get Free Report)

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.

See Also

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