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Prat Bhatt Biography and Net Worth

SVP of Cisco Systems

Prat is Senior Vice President and Chief Accounting Officer. He leads Cisco’s Controllership organization with global responsibility for accounting and reporting and financial controls covering all aspects of Cisco’s business. He has deep expertise in accounting & finance, risk management, operations, and financial data management & systems. Over his career at Cisco he has led a number of key financial and business critical initiatives. His responsibilities include:

SEC and statutory reporting, policy & technical accounting, revenue recognition, and accounting for all businesses, geographies and functions including: mergers & acquisitions, supply chain, sales, leasing, real estate, treasury, etc.;
Strategic development and continuous improvement for financial systems and processes;
Leadership for Cisco’s one day close process;
Sarbanes-Oxley program and global governance leadership for all financial controls and compliance; and
Financial operations including worldwide support for Cisco Capital and financial shared services.

Prat is a leader outside of Cisco with notable roles including:

Serves on the Board of Directors of Seagate Technology and is a member of the Audit & Finance Committee;
Past Chair of FEI’s Committee on Corporate Reporting (CCR);
Past member of the Standing Advisory Group of the Public Company Accounting Oversight Board (PCAOB SAG);
Past member of the FASB’s Financial Accounting Standards Advisory Council (FASAC);
Past Chair of the Board of Financial Executives International (FEI);
Past Chair of the Financial Executives Research Foundation (FERF);
Chair of the Audit Committee of the Cisco Systems Foundation;
Regular guest speaker for the Stanford Graduate School of Business as well as other financial forums.

Prior to joining Cisco, Prat was with Kaiser Permanente as the Director of Financial Operations and with Ernst & Young. He holds a graduate degree in accounting from the University of Southern California, a bachelor’s degree in economics from the University of California, Santa Cruz, and is a licensed CPA.

What is Prat Bhatt's net worth?: The estimated net worth of Prat Bhatt is at least $2.17 million as of June 13th, 2023. Mr. Bhatt owns 45,092 shares of Cisco Systems stock worth more than $2,169,376 as of April 19th. This net worth estimate does not reflect any other assets that Mr. Bhatt may own. Learn More about Prat Bhatt's net worth.
How do I contact Prat Bhatt?: The corporate mailing address for Mr. Bhatt and other Cisco Systems executives is 170 WEST TASMAN DRIVE, SAN JOSE CA, 95134. Cisco Systems can also be reached via phone at (408) 526-4000 and via email at [email protected]. Learn More on Prat Bhatt's contact information.
Has Prat Bhatt been buying or selling shares of Cisco Systems?: Prat Bhatt has not been actively trading shares of Cisco Systems within the last three months. Most recently, Prat Bhatt sold 608 shares of the business's stock in a transaction on Tuesday, June 13th. The shares were sold at an average price of $50.61, for a transaction totalling $30,770.88. Following the completion of the sale, the senior vice president now directly owns 45,092 shares of the company's stock, valued at $2,282,106.12. Learn More on Prat Bhatt's trading history.
Who are Cisco Systems' active insiders?: Cisco Systems' insider roster includes Prat Bhatt (SVP), M Burns (Director), M. Burns (Director), Mark Chandler (EVP), Chris Dedicoat (EVP), Geraldine Elliott (EVP), Mark Garrett (Director), David Goeckeler (EVP), Richard Herren (Exec. VP & CFO ), Richard Herren (CFO), Rebecca Jacoby (SVP), Kristina Johnson (Director), Kelly Kramer (CFO), Maria Martinez (COO), Roderick McGeary (Director), Charles Robbins (CEO), Jeffery Sharritts (EVP), Deborah Stahlkopf (EVP), Irving Tan (EVP), and Karen Walker (SVP). Learn More on Cisco Systems' active insiders.
Are insiders buying or selling shares of Cisco Systems?: During the last year, insiders at the network equipment provider sold shares 24 times. They sold a total of 250,868 shares worth more than $12,708,760.17. The most recent insider tranaction occured on March, 13th when SVP Maria Victoria Wong sold 2,497 shares worth more than $124,850.00. Insiders at Cisco Systems own 0.0% of the company. Learn More about insider trades at Cisco Systems.
Information on this page was last updated on 3/13/2024.

Prat Bhatt Insider Trading History at Cisco Systems

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
6/13/2023	Sell	608	$50.61	$30,770.88	45,092
5/19/2023	Sell	2,707	$48.50	$131,289.50	46,022
3/14/2023	Sell	608	$48.74	$29,633.92	50,162
12/13/2022	Sell	468	$50.10	$23,446.80	55,230
11/21/2022	Sell	9,752	$47.80	$466,145.60	56,159
9/13/2022	Sell	19,168	$44.28	$848,759.04	38,158
8/22/2022	Sell	3,453	$48.39	$167,090.67	75,443
6/13/2022	Sell	607	$43.10	$26,161.70	79,855
5/23/2022	Sell	3,700	$43.34	$160,358.00	80,784
3/11/2022	Sell	608	$55.16	$33,537.28
2/22/2022	Sell	3,623	$56.40	$204,337.20
12/14/2021	Sell	468	$58.34	$27,303.12
11/22/2021	Sell	12,722	$54.80	$697,165.60
9/13/2021	Sell	468	$58.35	$27,307.80
8/23/2021	Sell	3,518	$58.40	$205,451.20
6/14/2021	Sell	3,451	$53.99	$186,319.49	105,900
5/24/2021	Sell	3,829	$53.50	$204,851.50	106,222
2/12/2021	Sell	6,273	$47.21	$296,148.33	119,282
12/14/2020	Sell	468	$44.80	$20,966.40	123,231
11/24/2020	Sell	21,146	$42.38	$896,167.48	144,839
8/17/2020	Sell	2,873	$42.11	$120,982.03	82,006
6/15/2020	Sell	5,703	$44.87	$255,893.61	85,613
11/22/2019	Sell	39,343	$44.88	$1,765,713.84	137,634
11/23/2018	Sell	33,950	$44.86	$1,522,997.00	90,207
11/22/2017	Sell	2,606	$36.49	$95,092.94	89,184
9/13/2017	Sell	25,638	$32.06	$821,954.28	119,996
3/15/2017	Sell	15,672	$34.27	$537,079.44	77,174
9/13/2016	Sell	25,706	$31.02	$797,400.12	133,113
3/22/2016	Sell	50,000	$28.24	$1,412,000.00	160,250
3/18/2016	Sell	21,785	$28.29	$616,297.65	110,250
9/14/2015	Sell	14,822	$25.69	$380,777.18	145,250
3/16/2015	Sell	13,245	$28.34	$375,363.30
9/15/2014	Sell	14,225	$24.88	$353,918.00
9/11/2014	Sell	38,737	$25.06	$970,749.22
3/14/2014	Sell	18,425	$21.38	$393,926.50	167,851
9/13/2013	Sell	25,638	$24.35	$624,285.30	177,750
5/21/2013	Sell	51,839	$23.95	$1,241,544.05

Prat Bhatt Buying and Selling Activity at Cisco Systems

Cisco Systems Company Overview

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. In addition, it provides Internet for the future product consists of routed optical networking, 5G, silicon, and optics solutions; collaboration products, such as meetings, collaboration devices, calling, contact center, and communication platform as a service; end-to-end security product consists of network security, cloud security, security endpoints, unified threat management, and zero trust; and optimized application experiences products including full stack observability and network assurance. Further, the company offers a range of service and support options for its customers, including technical support and advanced services and advisory services. It serves businesses of various sizes, public institutions, governments, and service providers. The company sells its products and services directly, as well as through systems integrators, service providers, other resellers, and distributors. Cisco Systems, Inc. has strategic alliances with other companies. Cisco Systems, Inc. was incorporated in 1984 and is headquartered in San Jose, California.

Today's Range

Now: $48.11

$47.88

$48.37

50 Day Range

MA: $49.11

$47.79

$50.28

2 Week Range

Now: $48.11

$45.56

$58.19

Volume

13,080,391 shs

Average Volume

19,487,760 shs

Market Capitalization

$194.81 billion

P/E Ratio

14.62

Dividend Yield

3.34%

Beta

0.87

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