Cisco Systems, Inc. $CSCO Shares Sold by Elevated Capital Advisors LLC

Elevated Capital Advisors LLC decreased its stake in shares of Cisco Systems, Inc. (NASDAQ:CSCO) by 72.0% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,158 shares of the network equipment provider’s stock after selling 5,546 shares during the period. Elevated Capital Advisors LLC’s holdings in Cisco Systems were worth $232,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Halbert Hargrove Global Advisors LLC boosted its position in Cisco Systems by 142.5% during the 3rd quarter. Halbert Hargrove Global Advisors LLC now owns 257 shares of the network equipment provider’s stock valued at $28,000 after acquiring an additional 151 shares in the last quarter. Kings Path Partners LLC purchased a new position in shares of Cisco Systems during the 3rd quarter worth approximately $31,000. Blueline Advisors LLC purchased a new position in shares of Cisco Systems during the 3rd quarter worth approximately $32,000. GK Wealth Management LLC bought a new position in shares of Cisco Systems in the 3rd quarter worth approximately $37,000. Finally, Manning & Napier Advisors LLC raised its position in shares of Cisco Systems by 137.0% in the 1st 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 in the last quarter. Hedge funds and other institutional investors own 73.33% of the company’s stock.

Insider Transactions at Cisco Systems

In related news, CEO Charles Robbins sold 21,628 shares of the firm’s stock in a transaction that occurred on Friday, August 14th. The stock was sold at an average price of $111.54, for a total transaction of $2,412,387.12. Following the completion of the transaction, the chief executive officer owned 602,710 shares of the company’s stock, valued at $67,226,273.40. This trade represents a 3.46% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Thimaya K. Subaiya sold 312 shares of the firm’s stock in a transaction that occurred on Monday, September 14th. The shares were sold at an average price of $110.18, for a total value of $34,376.16. Following the transaction, the executive vice president directly owned 127,661 shares of the company’s stock, valued at approximately $14,065,688.98. This trade represents a 0.24% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 44,869 shares of company stock worth $5,005,620. Company insiders own 0.01% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on CSCO. Weiss Ratings restated a “buy (b)” rating on shares of Cisco Systems in a research note on Wednesday, August 26th. HSBC cut Cisco Systems from a “buy” rating to a “hold” rating and reduced their price target for the stock from $137.00 to $120.00 in a research note on Friday, August 14th. Deutsche Bank Aktiengesellschaft started coverage on Cisco Systems in a report on Tuesday, September 1st. They issued a “buy” rating and a $135.00 price objective for the company. Morgan Stanley lowered Cisco Systems from an “overweight” rating to an “equal weight” rating and lowered their price objective for the company from $135.00 to $120.00 in a research report on Thursday, November 5th. Finally, UBS Group raised their price objective on Cisco Systems from $132.00 to $138.00 and gave the company a “buy” rating in a research report on Thursday, August 13th. Three research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and eight have assigned a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $127.87.

Cisco Systems News Roundup

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

• Positive Sentiment: Investors are looking for Cisco’s results to benefit from AI infrastructure demand, hyperscaler investment and networking growth. The report will test whether those trends are translating into orders and revenue. Article: Should You Buy, Sell, or Hold Cisco Systems Stock Before Q1 Earnings?
• Positive Sentiment: Cisco introduced AI security and observability updates, including adding Anthropic’s Claude Mythos to AI Defense for red-teaming AI applications and agents. The products could strengthen its position as companies seek to secure and monitor AI deployments. Article: Cisco Unveils Frontier AI Red Teaming and Agent Observability
• Positive Sentiment: Schurz Broadband Group is deploying Cisco’s 8000 Series routing platform across four operating companies, providing a customer win for its next-generation networking equipment. Article: Schurz Broadband Group Advances its Enterprise Fiber Network with Cisco 8000 Series Routing
• Positive Sentiment: ETFs were net buyers of about $85 million of Cisco shares on November 6, indicating institutional fund demand that may provide some support. Article: 60 ETFs Add to Cisco Holdings
• Neutral Sentiment: The earnings announcement is a near-term catalyst, with options markets implying a potentially large move. Investors will focus on AI-related orders and margins; the outcome could amplify volatility. Article: Cisco Stock Faces a Massive Earnings Test
• Negative Sentiment: Valuation is a concern after a substantial multi-year share-price run: investors are questioning whether Cisco’s current price is justified by its cash-generation outlook. ETF flows were also mixed, with net sales reported on November 5. Article: Is Cisco Systems Fully Priced After Its 104% Run?

Cisco Systems Trading Down 0.5%

NASDAQ:CSCO opened at $98.15 on Wednesday. The firm has a market capitalization of $386.97 billion, a P/E ratio of 29.39, a PEG ratio of 2.05 and a beta of 1.01. The company has a debt-to-equity ratio of 0.39, a current ratio of 0.93 and a quick ratio of 0.79. Cisco Systems, Inc. has a one year low of $71.10 and a one year high of $130.37. The company’s 50-day simple moving average is $108.34 and its 200 day simple moving average is $101.87.

Cisco Systems (NASDAQ:CSCO) last announced its earnings results on Wednesday, August 12th. The network equipment provider reported $1.22 earnings per share for the quarter, beating analysts’ consensus estimates 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 quarter last year, the firm earned $0.99 earnings per share. The business’s revenue for the quarter was up 17.6% on a year-over-year basis. As a group, analysts forecast that Cisco Systems, Inc. will post 4.42 EPS for the current fiscal year.

About Cisco Systems

Cisco Systems, Inc. develops networking, cybersecurity, collaboration and observability technologies for businesses, governments and other organizations. Its products include routers, switches, wireless systems and data center infrastructure, along with security software and services that help organizations connect and protect their networks. The company also provides collaboration tools through its Webex platform and observability capabilities through its software offerings, including technology from Splunk, which Cisco acquired in 2024.