Vestcor Inc Sells 10,699 Shares of Cisco Systems, Inc. $CSCO

Vestcor Inc lowered its stake in Cisco Systems, Inc. (NASDAQ:CSCO) by 2.7% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 389,046 shares of the network equipment provider’s stock after selling 10,699 shares during the period. Cisco Systems accounts for about 0.9% of Vestcor Inc’s holdings, making the stock its 13th biggest holding. Vestcor Inc’s holdings in Cisco Systems were worth $29,968,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of CSCO. MCF Advisors LLC grew its stake in shares of Cisco Systems by 5.5% in the fourth quarter. MCF Advisors LLC now owns 29,406 shares of the network equipment provider’s stock valued at $2,265,000 after buying an additional 1,533 shares in the last quarter. First Command Advisory Services Inc. grew its stake in shares of Cisco Systems by 25.4% in the fourth quarter. First Command Advisory Services Inc. now owns 21,983 shares of the network equipment provider’s stock valued at $1,693,000 after buying an additional 4,451 shares in the last quarter. Invst LLC grew its stake in shares of Cisco Systems by 12.6% in the fourth quarter. Invst LLC now owns 4,098 shares of the network equipment provider’s stock valued at $316,000 after buying an additional 457 shares in the last quarter. OneAscent Family Office LLC grew its stake in shares of Cisco Systems by 10.9% in the fourth quarter. OneAscent Family Office LLC now owns 6,394 shares of the network equipment provider’s stock valued at $493,000 after buying an additional 631 shares in the last quarter. Finally, Francis Financial Inc. grew its stake in shares of Cisco Systems by 12.7% in the fourth quarter. Francis Financial Inc. now owns 2,788 shares of the network equipment provider’s stock valued at $215,000 after buying an additional 315 shares in the last quarter. Institutional investors own 73.33% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently weighed in on CSCO. Bank of America raised their target price on shares of Cisco Systems from $114.00 to $135.00 and gave the company a “buy” rating in a research note on Tuesday, May 26th. New Street Research raised their target price on shares of Cisco Systems from $82.00 to $122.00 and gave the company a “neutral” rating in a research note on Thursday, May 14th. CICC Research raised their target price on shares of Cisco Systems from $96.00 to $125.00 and gave the company an “outperform” rating in a research note on Monday, May 18th. Citigroup raised their target price on shares of Cisco Systems from $90.00 to $112.00 and gave the company a “buy” rating in a research note on Thursday, May 14th. Finally, Argus raised their target price on shares of Cisco Systems from $100.00 to $150.00 and gave the company a “buy” rating in a research note on Tuesday, May 19th. Two analysts have rated the stock with a Strong Buy rating, sixteen have assigned a Buy rating and eight 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 target price of $119.50.

Cisco Systems News Roundup

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

• Positive Sentiment: Jim Cramer highlighted Cisco as a top Dow performer, saying legacy tech names like Cisco are benefiting from the AI data-center boom. Jim Cramer Highlights Cisco Systems as the Top Dow Performer
• Positive Sentiment: Analyst commentary is increasingly bullish, with upgrades tied to expectations that Cisco could generate about $6 billion in FY2027 AI revenue. Analyst Upgrades Cisco Systems As It Anticipates $6 Billion in FY2027 AI Revenue
• Positive Sentiment: Reports from Cisco’s conference appearance and product rollout emphasized its AI-centric Cloud Control platform, expanded cybersecurity tools, and partnerships aimed at secure AI infrastructure, supporting the view that Cisco can monetize AI beyond hardware refresh cycles. Cisco’s AI Platforms And Cybersecurity Push Test Valuation For Investors
• Neutral Sentiment: Broader market headlines about tech selling off, rising yields, and “bubble” comparisons to Cisco’s dot-com era may create short-term volatility, but they are not specific to Cisco’s fundamentals. Equities Fall, Yields Jump Intraday After Jobs Report; Tech Leads Sell-Off
• Neutral Sentiment: Goldman Sachs reportedly remained at Hold while Morgan Stanley reiterated Buy, suggesting Wall Street is still divided on how much upside is already priced in. Goldman Sachs Remains a Hold on Cisco Systems (CSCO) Morgan Stanley Sticks to Their Buy Rating for Cisco Systems (CSCO)

Insider Buying and Selling

In other news, EVP Deborah L. Stahlkopf sold 6,586 shares of the business’s stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $117.31, for a total value of $772,603.66. Following the completion of the sale, the executive vice president owned 177,223 shares of the company’s stock, valued at approximately $20,790,030.13. The trade was a 3.58% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Charles Robbins sold 21,400 shares of the business’s stock in a transaction dated Friday, May 22nd. The shares were sold at an average price of $120.03, for a total value of $2,568,642.00. Following the completion of the transaction, the chief executive officer directly owned 637,085 shares of the company’s stock, valued at approximately $76,469,312.55. This trade represents a 3.25% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 51,324 shares of company stock valued at $5,559,834 in the last 90 days. 0.01% of the stock is currently owned by corporate insiders.

Cisco Systems Trading Down 6.4%

Shares of Cisco Systems stock opened at $121.64 on Friday. The firm has a 50-day moving average of $98.05 and a 200-day moving average of $84.96. The stock has a market cap of $479.44 billion, a PE ratio of 39.49, a PEG ratio of 3.31 and a beta of 1.01. Cisco Systems, Inc. has a 52-week low of $63.87 and a 52-week high of $130.37. The company has a debt-to-equity ratio of 0.40, a quick ratio of 0.81 and a current ratio of 0.92.

Cisco Systems (NASDAQ:CSCO) last announced its earnings results on Wednesday, May 13th. The network equipment provider reported $1.06 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.03 by $0.03. The company had revenue of $15.84 billion during the quarter, compared to analysts’ expectations of $15.56 billion. Cisco Systems had a net margin of 20.14% and a return on equity of 28.44%. Cisco Systems’s quarterly revenue was up 12.0% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.96 earnings per share. Cisco Systems has set its Q4 2026 guidance at 1.160-1.180 EPS and its FY 2026 guidance at 4.270-4.290 EPS. As a group, sell-side analysts forecast that Cisco Systems, Inc. will post 3.54 EPS for the current year.

Cisco Systems Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 22nd. Stockholders of record on Monday, July 6th will be given a $0.42 dividend. This represents a $1.68 dividend on an annualized basis and a dividend yield of 1.4%. The ex-dividend date of this dividend is Monday, July 6th. Cisco Systems’s payout ratio is presently 54.55%.

Cisco Systems Profile

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.