---
title: "Cisco Systems, Inc. $CSCO Shares Sold by Manhattan West Asset Management LLC"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/296679369.md"
description: "Manhattan West Asset Management LLC reduced its Cisco Systems (CSCO) stake by 83.1% in Q2, holding 3,752 shares valued at $441,000. Other institutions like Bridgewater and World Investment Advisors increased their positions. Cisco recently reported strong quarterly earnings of $1.22 EPS, beating estimates, with revenue up 17.6% YoY. The company declared a $0.42 quarterly dividend. Analysts have adjusted price targets, with Wells Fargo raising theirs to $150 and Rosenblatt to $165, reflecting mixed but generally positive sentiment on the tech giant's performance."
datetime: "2026-08-22T10:08:50.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/296679369.md)
  - [en](https://longbridge.com/en/news/296679369.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/296679369.md)
generator: "portal-rs"
---

# Cisco Systems, Inc. $CSCO Shares Sold by Manhattan West Asset Management LLC

Manhattan West Asset Management LLC lowered its stake in shares of Cisco Systems, Inc. (NASDAQ:CSCO - Free Report) by 83.1% in the second quarter, according to its most recent 13F filing with the SEC. The fund owned 3,752 shares of the network equipment provider's stock after selling 18,477 shares during the period. Manhattan West Asset Management LLC's holdings in Cisco Systems were worth $441,000 at the end of the most recent quarter.

Get **Cisco Systems** alerts:

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A number of other hedge funds have also recently modified their holdings of the stock. Bridgewater Advisors Inc. acquired a new stake in Cisco Systems in the 2nd quarter worth about $6,442,000. World Investment Advisors raised its holdings in shares of Cisco Systems by 15.4% during the fourth quarter. World Investment Advisors now owns 198,549 shares of the network equipment provider's stock valued at $13,905,000 after acquiring an additional 26,455 shares during the last quarter. WCG Wealth Advisors LLC lifted its position in shares of Cisco Systems by 101.8% in the fourth quarter. WCG Wealth Advisors LLC now owns 107,306 shares of the network equipment provider's stock valued at $8,266,000 after acquiring an additional 54,141 shares in the last quarter. Vise Technologies Inc. lifted its position in shares of Cisco Systems by 47.1% in the fourth quarter. Vise Technologies Inc. now owns 200,341 shares of the network equipment provider's stock valued at $15,432,000 after acquiring an additional 64,144 shares in the last quarter. Finally, ABN AMRO Bank N.V. acquired a new stake in shares of Cisco Systems in the second quarter worth approximately $19,114,000. Hedge funds and other institutional investors own 73.33% of the company's stock. 

## Cisco Systems Price Performance

Cisco Systems stock opened at $111.04 on Friday. The company's 50 day simple moving average is $116.02 and its 200-day simple moving average is $100.24. The company has a debt-to-equity ratio of 0.39, a quick ratio of 0.79 and a current ratio of 0.93. Cisco Systems, Inc. has a 1 year low of $66.13 and a 1 year high of $130.37. The company has a market capitalization of $437.66 billion, a price-to-earnings ratio of 33.25, a price-to-earnings-growth ratio of 2.33 and a beta of 1.02. 

-   5 Tech Stocks Holding Their Ground Through the AI Trade Pullback

Cisco Systems (NASDAQ:CSCO - Get Free Report) last posted its quarterly earnings data on Wednesday, August 12th. The network equipment provider reported $1.22 earnings per share for the quarter, topping 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 firm had revenue of $17.25 billion during the quarter, compared to analysts' expectations of $16.84 billion. During the same quarter last year, the company posted $0.99 EPS. The firm's quarterly revenue was up 17.6% on a year-over-year basis. 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, equities research analysts expect that Cisco Systems, Inc. will post 4.09 earnings per share for the current year. 

## Cisco Systems Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 21st. Stockholders of record on Friday, October 2nd will be given a dividend of $0.42 per share. This represents a $1.68 annualized dividend and a dividend yield of 1.5%. The ex-dividend date is Friday, October 2nd. Cisco Systems's dividend payout ratio (DPR) is currently 50.30%. 

## Wall Street Analysts Forecast Growth

-   Palantir’s Earnings Setup Puts Its AI Growth Story Back on Trial Again

CSCO has been the topic of several recent research reports. Wells Fargo & Company lifted their target price on shares of Cisco Systems from $130.00 to $150.00 and gave the stock an "overweight" rating in a research note on Thursday, August 13th. Zacks Research downgraded shares of Cisco Systems from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, August 4th. Rosenblatt Securities boosted their price target on shares of Cisco Systems from $150.00 to $165.00 and gave the stock a "buy" rating in a research report on Thursday, August 13th. Citigroup upped their price objective on shares of Cisco Systems from $90.00 to $112.00 and gave the company a "buy" rating in a report on Thursday, May 14th. Finally, KeyCorp lifted their target price on shares of Cisco Systems from $130.00 to $135.00 and gave the stock an "overweight" rating in a research note on Thursday, August 13th. Two research analysts have rated the stock with a Strong Buy rating, fifteen have assigned a Buy rating and seven have assigned a Hold rating to the company's stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $129.43.

**View Our Latest Report on CSCO**

## Key Stories Impacting Cisco Systems

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

-   Positive Sentiment: **AI infrastructure orders are supporting Cisco’s growth outlook.** Cisco reportedly received approximately $4 billion in AI infrastructure orders during the quarter. Product revenue rose 24% year over year, helping produce record fiscal 2026 results and reinforcing the company’s position as a supplier of networking equipment for AI data centers. Cisco Stock: Buy or Sell?
-   Positive Sentiment: **Analyst sentiment remains favorable.** Recent research updates raised several price targets, including targets of $135 from Morgan Stanley, $140 from Truist Financial, $150 from Bank of America and $165 from Rosenblatt Securities. Cisco has a consensus rating of “Moderate Buy,” suggesting analysts see additional upside if AI-networking demand translates into sustained earnings growth. Cisco Systems Receives a Rating Update
-   Positive Sentiment: **Streaming infrastructure may provide another growth opportunity.** Rising demand for low-latency live video, expanded content-delivery capacity and AI-enabled media workflows could increase demand for Cisco’s networking products among streaming platforms, enterprises and cloud providers. What Could Cisco Systems Gain From The Streaming Infrastructure Boom?
-   Neutral Sentiment: An executive sold 5,832 shares valued at approximately $650,000 under a pre-arranged Rule 10b5-1 trading plan. The transaction reduced the executive’s holdings by 4.35%, but the scheduled nature of the sale and substantial remaining ownership lessen its significance as a bearish signal. Cisco Executive SEC Filing
-   Negative Sentiment: **Valuation and execution risks remain.** With Cisco trading at more than 32 times earnings, investors may be concerned that margin pressure, slower recurring-revenue growth or delays in converting AI orders into profits could limit near-term upside.

## Insiders Place Their Bets

In related news, CEO Charles Robbins sold 21,628 shares of the firm's stock in a transaction dated 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 directly owned 602,710 shares in the company, valued at $67,226,273.40. This trade represents a 3.46% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Thimaya K. Subaiya sold 5,832 shares of Cisco Systems stock in a transaction dated Wednesday, August 19th. The shares were sold at an average price of $111.47, for a total value of $650,093.04. Following the completion of the transaction, the executive vice president directly owned 128,382 shares of the company's stock, valued at approximately $14,310,741.54. This represents a 4.35% decrease in their ownership of the stock. 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. In the last three months, insiders sold 53,611 shares of company stock valued at $6,066,680. Insiders own 0.01% of the company's stock. 

## Cisco Systems Profile

(Free Report)

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.

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**Want to see what other hedge funds are holding CSCO?** Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Cisco Systems, Inc. (NASDAQ:CSCO - Free Report).

*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.*

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## Related News & Research

- [Cisco Systems, Inc. $CSCO is Paralel Advisors LLC's 4th Largest Position](https://longbridge.com/en/news/296604217.md)
- [Cisco Chair and CEO Charles Robbins disposes of Cisco shares worth $2.4 million](https://longbridge.com/en/news/296147751.md)
- [Cornerstone Capital Inc. Takes Position in Cisco Systems, Inc. $CSCO](https://longbridge.com/en/news/295995972.md)
- [Cisco EVP Operations Thimaya K. Subaiya disposes of Cisco shares worth $648,071.44](https://longbridge.com/en/news/296535031.md)
- [Cisco earnings expected to be strong thanks to continued AI demand](https://longbridge.com/en/news/295695830.md)

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**