<div id="readability-page-1"><p>OLD National Bancorp IN reduced its holdings in  Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) by 23.2% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 169,853 shares of the network equipment provider's stock after selling 51,348 shares during the quarter. OLD National Bancorp IN's holdings in Cisco Systems were worth $11,621,000 as of its most recent filing with the Securities and Exchange Commission.</p><ul><li>MarketBeat Week in Review – 12/15 - 12/19</li></ul><p>Other hedge funds have also recently added to or reduced their stakes in the company. Bare Financial Services Inc increased its stake in shares of  Cisco Systems by 531.0% during the 2nd quarter. Bare Financial Services Inc now owns 366 shares of the network equipment provider's stock valued at $25,000 after acquiring an additional 308 shares during the last quarter.  Legacy Investment Solutions LLC purchased a new stake in  Cisco Systems in the second quarter valued at approximately $28,000.  Financial Connections Group Inc. increased its position in  Cisco Systems by 89.4% during the second quarter. Financial Connections Group Inc. now owns 409 shares of the network equipment provider's stock worth $28,000 after purchasing an additional 193 shares during the last quarter.  Nova Wealth Management Inc. purchased a new position in  Cisco Systems during the first quarter worth approximately $31,000.  Finally, Brown Shipley&amp; Co Ltd acquired a new position in shares of  Cisco Systems in the 2nd quarter valued at $32,000. 73.33% of the stock is owned by institutional investors and hedge funds. </p><div><p><span></span><span>Get <strong>Cisco Systems</strong> alerts:</span></p></div><h2>Insider Buying and Selling</h2><p>In other Cisco Systems news, insider Jeetendra I. Patel sold 163,896 shares of the stock in a transaction on Friday, November 14th. The shares were sold at an average price of $77.86, for a total transaction of $12,760,942.56. Following the transaction, the insider directly owned 281,108 shares in the company, valued at $21,887,068.88. This represents a 36.83% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Michael D. Capellas sold 16,150 shares of the company's stock in a transaction dated Thursday, December 18th. The shares were sold at an average price of $77.28, for a total transaction of $1,248,072.00. Following the completion of the sale, the director owned 157,218 shares in the company, valued at approximately $12,149,807.04. This trade represents a 9.32% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 1,044,865 shares of company stock worth $81,397,635 over the last 90 days. 0.01% of the stock is currently owned by corporate insiders. </p><h2>Wall Street Analyst Weigh In</h2><ul><li>Jabil Is Flying Under the Radar—But a 50% Surge May Be Coming</li></ul><p>A number of analysts have recently commented on the company. Citic Securities upped their price objective on Cisco Systems from $75.00 to $90.00 in a report on Monday, November 17th. JPMorgan Chase &amp; Co. upped their price target on Cisco Systems from $80.00 to $90.00 and gave the stock an &#34;overweight&#34; rating in a research note on Thursday, November 13th. Evercore ISI lifted their price objective on Cisco Systems from $74.00 to $80.00 and gave the company an &#34;in-line&#34; rating in a research note on Thursday, November 13th. Citigroup boosted their target price on Cisco Systems from $80.00 to $85.00 and gave the stock a &#34;buy&#34; rating in a report on Thursday, November 13th. Finally, Piper Sandler raised their price target on shares of Cisco Systems from $70.00 to $86.00 and gave the company a &#34;neutral&#34; rating in a report on Thursday, November 13th. Seventeen analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. According to MarketBeat.com, the company currently has an average rating of &#34;Moderate Buy&#34; and a consensus price target of $84.55.</p><p><b>View Our Latest Analysis on CSCO</b></p><h2>Cisco Systems Price Performance</h2><ul><li>25 Years Later, Cisco Finally Recovers From the Dot-Com Crash</li></ul><p>CSCO stock opened at $78.11 on Tuesday. The stock has a 50-day simple moving average of $74.80 and a 200-day simple moving average of $70.35. The firm has a market cap of $308.62 billion, a P/E ratio of 29.36, a price-to-earnings-growth ratio of 2.97 and a beta of 0.87. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.83 and a current ratio of 0.93. Cisco Systems, Inc. has a 1 year low of $52.11 and a 1 year high of $80.82. </p><p>Cisco Systems (NASDAQ:CSCO - Get Free Report) last released its quarterly earnings results on Wednesday, November 12th. The network equipment provider reported $1.00 earnings per share for the quarter, beating analysts' consensus estimates of $0.98 by $0.02. Cisco Systems had a net margin of 18.38% and a return on equity of 27.29%. The business had revenue of $14.88 billion during the quarter, compared to analyst estimates of $14.77 billion. During the same period last year, the business earned $0.91 EPS. The business's revenue was up 7.5% on a year-over-year basis. Cisco Systems has set its FY 2026 guidance at 4.080-4.140 EPS and its Q2 2026 guidance at 1.010-1.030 EPS.  On average, equities analysts predict that  Cisco Systems, Inc. will post 3.04 earnings per share for the current fiscal year. </p><h2>Cisco Systems Dividend Announcement</h2><p>The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, January 21st. Shareholders of record on Friday, January 2nd will be paid a dividend of $0.41 per share. This represents a $1.64 dividend on an annualized basis and a yield of 2.1%. The ex-dividend date is Friday, January 2nd. Cisco Systems's dividend payout ratio (DPR) is 61.65%. </p><h2>Cisco Systems Profile</h2> (Free Report)<p>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.  </p><p>In addition to hardware, Cisco offers a growing range of software platforms and subscription services for network management, security, analytics and collaboration.</p><h2>Featured Stories</h2><ul><li>Five stocks we like better than Cisco Systems</li><li>Do not delete, read immediately</li><li>INVESTOR ALERT: Tiny “$3 AI Wonder Stock” on the Verge of Blasting Off</li><li>Buffett, Gates and Bezos Quietly Dumping Stocks—Here's Why</li><li>Can Any Expenses Be Deducted From Capital Gains Tax?</li><li>The Last Gold Bull Market </li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9Q1NDTw?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5BU0RBUSZTeW1ib2w9Q1NDTw"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Cisco Systems Right Now?</h2><p>Before you consider Cisco Systems, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Cisco Systems wasn't on the list.</p><p>While Cisco Systems currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

CSCO

<p>OLD National Bancorp IN reduced its holdings in Cisco Systems by 23.2% in Q3. Insiders sold 1,044,865 shares worth $81.4M. Analysts raised price targets, with Citic Securities and JPMorgan Chase & Co. setting targets at $90. Cisco's stock opened at $78.11, with a market cap of $308.62B and a P/E ratio of 29.36.</p>

Cisco Systems, Inc. $CSCO Shares Sold by OLD National Bancorp IN