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Korea Investment CORP cut its position in shares of Cisco Systems, Inc. (NASDAQ:CSCO – Get Rating) by 7.7% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,964,168 shares of the network equipment provider’s stock after selling 248,811 shares during the […]
Allen Investment Management LLC cut its stake in shares of Cisco Systems, Inc. (NASDAQ:CSCO – Get Rating) by 4.3% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 15,078 shares of the network equipment provider’s stock after selling 677 […]
Cisco Systems (NASDAQ:CSCO – Get Rating) had its price target cut by Deutsche Bank Aktiengesellschaft from $55.00 to $54.00 in a research note released on Monday morning, The Fly reports. Other equities analysts have also issued reports about the company. Rosenblatt Securities lifted their price objective on Cisco Systems from $51.00 to $53.00 and gave […]
Cisco Systems, Inc. (NASDAQ:CSCO – Get Rating) SVP Prat Bhatt sold 2,707 shares of the company’s stock in a transaction on Friday, May 19th. The stock was sold at an average price of $48.50, for a total transaction of $131,289.50. Following the sale, the senior vice president now directly owns 46,022 shares in the company, […]
Cisco Systems (NASDAQ:CSCO – Get Rating) updated its FY 2023 earnings guidance on Friday. The company provided earnings per share guidance of $3.80-$3.82 for the period, compared to the consensus earnings per share estimate of $3.75. The company issued revenue guidance of $56.71 billion-$56.97 billion, compared to the consensus revenue estimate of $56.55 billion. Cisco […]