In Tuesday’s Wall Street session, Cisco Systems, Inc (NASDAQ:CSCO) shares traded at $63.75, up 1.01% from the previous session.
CSCO stock price is now 7.30% away from the 50-day moving average and 10.94% away from the 200-day moving average. The market capitalization of the company currently stands at $252.45B.
With the price target maintained at $70, New Street recently Downgraded its rating from Buy to Neutral for Cisco Systems, Inc (NASDAQ: CSCO). On May 15, 2025, Wells Fargo Upgraded its previous ‘Equal Weight’ rating to ‘Overweight’ on the stock keeping its target price maintained at $75, while ‘Cleveland Research’ rates the stock as ‘Buy’
In other news, Patel Jeetendra I, President and CPO sold 9,961 shares of the company’s stock on May 16 ’25. The stock was sold for $637,205 at an average price of $63.97. Upon completion of the transaction, the President and CPO now directly owns 257,162 shares in the company, valued at $16.39 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 16 ’25, EVP and Chief Legal Officer Stahlkopf Deborah L sold 9,643 shares of the business’s stock. A total of $612,301 was realized by selling the stock at an average price of $63.50. This leaves the insider owning 181,186 shares of the company worth $11.55 million. A total of 0.26% of the company’s stock is owned by insiders.
During the past 12 months, Cisco Systems, Inc has had a low of $44.50 and a high of $66.50. As of last week, the company has a debt-to-equity ratio of 0.67, a current ratio of 0.91, and a quick ratio of 0.83.
The net profit margin was 17.60% and return on equity was 21.36% for CSCO. The company reported revenue of $14.15 billion for the quarter, compared to $12.7 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 11.39 percent. For the current quarter, analysts expect CSCO to generate $14.63B in revenue.
