Insider Selling: Cisco Systems (NASDAQ:CSCO) SVP Sells 2,179 Shares of Stock

Key Points

  • Insider sale: SVP Maria Victoria Wong sold 2,179 shares on Feb. 24 at an average of $77.74 (~$169,395), cutting her stake by 7.03% (SEC filing available).
  • Catalyst-driven results: Cisco beat Q2 estimates (EPS $1.04 vs. $1.02; revenue $15.35B vs. $15.11B) and reported ~21% networking revenue growth driven by AI demand, prompting analyst upgrades and a consensus "Moderate Buy."
  • Dividend increase: Cisco raised its quarterly dividend to $0.42 (annualized $1.68) for a ~2.1% yield, with an ex-dividend date of April 2 and payment on April 22.

Cisco Systems, Inc. (NASDAQ:CSCO - Get Free Report) SVP Maria Victoria Wong sold 2,179 shares of the firm's stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $77.74, for a total transaction of $169,395.46. Following the completion of the transaction, the senior vice president directly owned 28,807 shares in the company, valued at $2,239,456.18. This represents a 7.03% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink.

Maria Victoria Wong also recently made the following trade(s):

  • On Friday, February 13th, Maria Victoria Wong sold 51 shares of Cisco Systems stock. The stock was sold at an average price of $74.24, for a total transaction of $3,786.24.
  • On Thursday, December 11th, Maria Victoria Wong sold 428 shares of Cisco Systems stock. The stock was sold at an average price of $80.33, for a total transaction of $34,381.24.

Cisco Systems Stock Performance

Cisco Systems stock opened at $78.14 on Wednesday. The company has a debt-to-equity ratio of 0.45, a quick ratio of 0.85 and a current ratio of 0.96. The company has a market capitalization of $308.64 billion, a PE ratio of 27.42, a P/E/G ratio of 2.94 and a beta of 0.87. The company has a 50 day moving average price of $77.71 and a 200-day moving average price of $73.58. Cisco Systems, Inc. has a fifty-two week low of $52.11 and a fifty-two week high of $88.18.




Cisco Systems (NASDAQ:CSCO - Get Free Report) last released its quarterly earnings data on Wednesday, February 11th. The network equipment provider reported $1.04 EPS for the quarter, topping the consensus estimate of $1.02 by $0.02. The company had revenue of $15.35 billion for the quarter, compared to the consensus estimate of $15.11 billion. Cisco Systems had a return on equity of 27.88% and a net margin of 19.22%.Cisco Systems's quarterly revenue was up 9.7% on a year-over-year basis. During the same period last year, the business posted $0.94 EPS. As a group, equities analysts forecast that Cisco Systems, Inc. will post 3.04 earnings per share for the current year.

Cisco Systems Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 22nd. Investors of record on Thursday, April 2nd will be issued a $0.42 dividend. The ex-dividend date is Thursday, April 2nd. This is an increase from Cisco Systems's previous quarterly dividend of $0.41. This represents a $1.68 annualized dividend and a dividend yield of 2.1%. Cisco Systems's dividend payout ratio is presently 57.54%.

Trending Headlines about Cisco Systems

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

Institutional Investors Weigh In On Cisco Systems

Several institutional investors have recently bought and sold shares of CSCO. DGS Capital Management LLC increased its position in shares of Cisco Systems by 5.5% during the fourth quarter. DGS Capital Management LLC now owns 24,219 shares of the network equipment provider's stock worth $1,866,000 after purchasing an additional 1,263 shares in the last quarter. SG Trading Solutions LLC acquired a new stake in shares of Cisco Systems in the 4th quarter worth $1,434,000. Nolet Wealth Management LLC purchased a new position in Cisco Systems during the 4th quarter worth $242,000. Lynch Investment Planning LLC acquired a new position in Cisco Systems during the 4th quarter valued at about $388,000. Finally, Monetary Solutions Ltd acquired a new position in Cisco Systems during the 4th quarter valued at about $233,000. 73.33% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

CSCO has been the topic of a number of research reports. Weiss Ratings reissued a "buy (b)" rating on shares of Cisco Systems in a research report on Tuesday, January 27th. Citigroup increased their price objective on shares of Cisco Systems from $85.00 to $90.00 and gave the company a "buy" rating in a research note on Thursday, February 12th. JPMorgan Chase & Co. lifted their price objective on shares of Cisco Systems from $90.00 to $95.00 and gave the company an "overweight" rating in a report on Monday, February 9th. Erste Group Bank lowered Cisco Systems from a "buy" rating to a "hold" rating in a report on Wednesday, February 18th. Finally, Bank of America increased their target price on Cisco Systems from $85.00 to $95.00 and gave the company a "buy" rating in a research report on Thursday, November 13th. Three equities research analysts have rated the stock with a Strong Buy rating, fourteen have given a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat.com, Cisco Systems currently has a consensus rating of "Moderate Buy" and an average price target of $89.55.

View Our Latest Research Report on Cisco Systems

About Cisco Systems

(Get 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.

See Also

Insider Buying and Selling by Quarter for Cisco Systems (NASDAQ:CSCO)

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