10,053 Shares in Cisco Systems, Inc. $CSCO Bought by Sanders Morris Harris LLC

Sanders Morris Harris LLC acquired a new stake in Cisco Systems, Inc. (NASDAQ:CSCO) in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 10,053 shares of the network equipment provider’s stock, valued at approximately $1,079,000.

A number of other hedge funds have also made changes to their positions in CSCO. Bridgewater Advisors Inc. purchased a new stake in shares of Cisco Systems during the 2nd quarter worth about $6,442,000. Beacon Pointe Advisors LLC acquired a new position in Cisco Systems in the second quarter worth approximately $60,009,000. ABN AMRO Bank N.V. bought a new position in Cisco Systems during the second quarter valued at approximately $19,114,000. Western Wealth Management LLC raised its position in Cisco Systems by 60.5% during the first quarter. Western Wealth Management LLC now owns 76,372 shares of the network equipment provider’s stock valued at $5,926,000 after acquiring an additional 28,792 shares in the last quarter. Finally, USS Investment Management Ltd lifted its stake in Cisco Systems by 1.8% in the first quarter. USS Investment Management Ltd now owns 686,466 shares of the network equipment provider’s stock valued at $53,253,000 after acquiring an additional 12,251 shares during the last quarter. Institutional investors and hedge funds own 73.33% of the company’s stock.

Analysts Set New Price Targets

CSCO has been the topic of several analyst reports. UBS Group increased their price target on shares of Cisco Systems from $132.00 to $138.00 and gave the stock a “buy” rating in a research note on Thursday, August 13th. HSBC lowered shares of Cisco Systems from a “buy” rating to a “hold” rating and reduced their price objective for the company from $137.00 to $120.00 in a research note on Friday, August 14th. Rosenblatt Securities upped their price objective on shares of Cisco Systems from $150.00 to $165.00 and gave the stock a “buy” rating in a report on Thursday, August 13th. Wells Fargo & Company increased their target price on shares of Cisco Systems from $130.00 to $150.00 and gave the stock an “overweight” rating in a research report on Thursday, August 13th. Finally, Sanford C. Bernstein initiated coverage on Cisco Systems in a report on Wednesday, September 30th. They set a “market perform” rating and a $110.00 target price on the stock. Three research analysts have rated the stock with a Strong Buy rating, sixteen have issued a Buy rating and seven have given a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $128.52.

Insiders Place Their Bets

In related news, EVP Deborah L. Stahlkopf sold 6,487 shares of the stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $111.53, for a total transaction of $723,495.11. Following the completion of the sale, the executive vice president owned 167,116 shares in the company, valued at $18,638,447.48. This represents a 3.74% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Jeetendra I. Patel sold 7,170 shares of the firm’s stock in a transaction that occurred on Friday, August 14th. The shares were sold at an average price of $111.57, for a total value of $799,956.90. Following the completion of the sale, the insider directly owned 230,593 shares in the company, valued at $25,727,261.01. This trade represents a 3.02% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 44,869 shares of company stock valued at $5,005,620 in the last ninety days. Company insiders own 0.01% of the company’s stock.

Cisco Systems News Summary

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

• Positive Sentiment: Cisco’s AI infrastructure orders, networking upgrades and cybersecurity growth continue to support the company’s long-term expansion story. Analysts have highlighted these trends as reasons the stock has gained significantly over the past year. Should You Buy, Sell, or Hold Cisco Stock After a 68% Rise in a Year?
• Positive Sentiment: Fiscal 2026 net income increased 30% to $13.3 billion, while Cisco’s cybersecurity business and AI-related infrastructure opportunity could provide additional growth avenues. The company also recently reported quarterly earnings and revenue above consensus estimates, supporting the fundamental case. Cisco Earnings Recovery
• Neutral Sentiment: Some investors view Cisco as a relatively attractive value and income-oriented technology stock compared with more highly valued market segments. Its dividend and established business may appeal to long-term or retirement-focused investors, although the article is comparative rather than a new company-specific catalyst. Cisco Stock and Two Value Plays
• Negative Sentiment: Operating cash flow remained around $14.2 billion despite the 30% increase in net income. Higher unrealized investment gains boosted reported profit without producing operating cash, raising questions about how much earnings growth will translate into durable cash generation. Cisco Earnings Recovery and Cash Growth
• Negative Sentiment: Valuation remains a headwind after the stock’s sharp annual rally. Coverage cited Cisco as overvalued relative to an intrinsic-value estimate, while the latest session saw the shares underperform the broader market as investors appeared to take profits and reassess upside at elevated levels. Why Cisco Fell More Than the Broader Market

Cisco Systems Stock Performance

Shares of NASDAQ:CSCO traded down $1.43 during trading on Wednesday, reaching $113.64. The stock had a trading volume of 16,699,680 shares, compared to its average volume of 22,321,357. The stock has a fifty day simple moving average of $111.88 and a two-hundred day simple moving average of $108.67. The company has a quick ratio of 0.79, a current ratio of 0.93 and a debt-to-equity ratio of 0.39. Cisco Systems, Inc. has a 52 week low of $68.57 and a 52 week high of $130.37. The firm has a market capitalization of $448.04 billion, a price-to-earnings ratio of 34.02, a P/E/G ratio of 2.40 and a beta of 0.99.

Cisco Systems (NASDAQ:CSCO) last posted its quarterly earnings data on Wednesday, August 12th. The network equipment provider reported $1.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.17 by $0.05. Cisco Systems had a net margin of 20.95% and a return on equity of 30.16%. The business had revenue of $17.25 billion during the quarter, compared to the consensus estimate of $16.84 billion. During the same period in the prior year, the firm earned $0.99 EPS. Cisco Systems’s quarterly revenue was up 17.6% compared to the same quarter last year. Cisco Systems has set its FY 2027 guidance at 5.050-5.110 EPS and its Q1 2027 guidance at 1.320-1.340 EPS. As a group, analysts anticipate that Cisco Systems, Inc. will post 4.42 earnings per share for the current fiscal year.

Cisco Systems Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, October 21st. Stockholders of record on Friday, October 2nd will be paid a $0.42 dividend. The ex-dividend date is Friday, October 2nd. This represents a $1.68 dividend on an annualized basis and a dividend yield of 1.5%. Cisco Systems’s payout ratio is presently 50.30%.

Cisco Systems Company Profile

Cisco Systems, Inc is a global technology company that develops networking, cybersecurity, collaboration, observability and data center solutions. Its products and services help businesses, governments, educational institutions and other organizations connect users and devices, manage infrastructure, protect digital environments and support cloud-based operations.

Cisco’s portfolio includes routers and switches, wireless networking equipment, network management software, firewalls, identity and access tools, endpoint security products, collaboration applications and observability platforms.