Tema ETFs LLC Raises Stock Position in Cisco Systems, Inc. $CSCO

Tema ETFs LLC raised its position in Cisco Systems, Inc. (NASDAQ:CSCO) by 10.7% during the 2nd quarter, HoldingsChannel.com reports. The firm owned 85,868 shares of the network equipment provider’s stock after acquiring an additional 8,265 shares during the period. Tema ETFs LLC’s holdings in Cisco Systems were worth $10,086,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in CSCO. Intesa Sanpaolo Wealth Management purchased a new stake in shares of Cisco Systems during the 4th quarter valued at approximately $25,000. MidAtlantic Capital Management Inc. purchased a new position in Cisco Systems in the fourth quarter worth approximately $25,000. Networth Advisors LLC grew its position in Cisco Systems by 276.4% in the first quarter. Networth Advisors LLC now owns 335 shares of the network equipment provider’s stock worth $26,000 after acquiring an additional 246 shares during the period. Manning & Napier Advisors LLC increased its stake in Cisco Systems by 137.0% during the first quarter. Manning & Napier Advisors LLC now owns 346 shares of the network equipment provider’s stock worth $27,000 after acquiring an additional 200 shares during the last quarter. Finally, Financial Life Planners purchased a new stake in Cisco Systems in the first quarter valued at $27,000. Hedge funds and other institutional investors own 73.33% of the company’s stock.

Insiders Place Their Bets

In related news, EVP Oliver Tuszik sold 2,607 shares of Cisco Systems stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $121.12, for a total value of $315,759.84. Following the completion of the transaction, the executive vice president directly owned 172,727 shares in the company, valued at approximately $20,920,694.24. This trade represents a 1.49% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Thimaya K. Subaiya sold 7,127 shares of the business’s stock in a transaction on Tuesday, June 16th. The stock was sold at an average price of $119.91, for a total value of $854,598.57. Following the transaction, the executive vice president directly owned 140,857 shares of the company’s stock, valued at $16,890,162.87. The trade was a 4.82% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 47,650 shares of company stock valued at $5,668,823. 0.01% of the stock is owned by company insiders.

Key Cisco Systems News

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

• Positive Sentiment: Investor expectations remain strong ahead of earnings. Consensus estimates call for approximately $1.17 in adjusted EPS and $16.85 billion in revenue, implying mid-to-high-teen growth in both measures. Analysts have also been raising price targets, reflecting optimism about demand for AI infrastructure and networking equipment. Cisco earnings preview
• Positive Sentiment: Cisco is rolling out personalized AI agents across its approximately 90,000-person workforce, supported by infrastructure investment and specific AI-related revenue targets. The initiative could improve productivity and create new monetization opportunities, although financial benefits will take time to materialize. Cisco AI agents and revenue targets
• Neutral Sentiment: Options activity suggests traders expect a sizable post-earnings move, but Cisco has recently remained in a relatively narrow trading range. This indicates that investors are waiting for clearer guidance on AI demand, margins and the pace of growth before committing to a directional view. Expected Cisco earnings move
• Neutral Sentiment: Market coverage is focused heavily on the upcoming earnings announcement, with comparisons to other AI-networking companies such as Coherent. Cisco’s prior quarter featured earnings and revenue beats, but investors now need evidence that the momentum can continue. Cisco Q4 earnings preview
• Negative Sentiment: Potential headwinds include higher memory costs, competition in networking, and the ongoing cloud transition at Splunk. With CSCO trading near its 52-week high and at a relatively rich earnings multiple, any cautious guidance or evidence of slowing AI-related demand could trigger profit-taking. Cisco buy, sell or hold analysis

Cisco Systems Trading Down 1.7%

Shares of CSCO stock opened at $120.46 on Wednesday. Cisco Systems, Inc. has a fifty-two week low of $65.75 and a fifty-two week high of $130.37. The company has a 50 day moving average price of $117.61 and a 200 day moving average price of $98.38. The stock has a market capitalization of $474.79 billion, a P/E ratio of 39.11, a price-to-earnings-growth ratio of 2.76 and a beta of 1.02. 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 released its earnings results on Wednesday, May 13th. The network equipment provider reported $1.06 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.03 by $0.03. The company had revenue of $15.84 billion for the quarter, compared to analyst estimates of $15.56 billion. Cisco Systems had a net margin of 20.14% and a return on equity of 28.44%. The firm’s quarterly revenue was up 12.0% on a year-over-year basis. During the same period in the prior year, the business earned $0.96 EPS. Equities research analysts predict that Cisco Systems, Inc. will post 3.54 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on the company. New Street Research increased their price target on Cisco Systems from $82.00 to $122.00 and gave the stock a “neutral” rating in a report on Thursday, May 14th. Wells Fargo & Company boosted their price objective on shares of Cisco Systems from $95.00 to $130.00 and gave the company an “overweight” rating in a report on Thursday, May 14th. Citigroup upped their target price on shares of Cisco Systems from $90.00 to $112.00 and gave the company a “buy” rating in a research report on Thursday, May 14th. Piper Sandler increased their target price on shares of Cisco Systems from $86.00 to $132.00 and gave the stock a “neutral” rating in a research note on Thursday, May 14th. Finally, Weiss Ratings upgraded shares of Cisco Systems from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, May 29th. Two analysts have rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and seven have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $123.14.

Cisco Systems Company 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.