FTSE 100 today: Edges higher as pound slips; Mitchells & Butlers jumps on results
Maria Victoria Wong, SVP & Chief Acctg Officer at CISCO SYSTEMS, INC. (NASDAQ:CSCO), sold 9,801 shares of common stock on November 24, 2025, according to a Form 4 filing with the Securities and Exchange Commission. The sales were executed in two transactions at prices ranging from $76.3736 to $76.86, totaling $748,586.
The filing also indicates that 459 shares were disposed of on November 21, 2025, to cover tax obligations related to the vesting of restricted stock units, at a price of $76.10, for a total value of $34,929. Cisco, a prominent player in the Communications Equipment industry with a market capitalization of $299.5 billion, currently trades at a P/E ratio of 29.47, which InvestingPro indicates is high relative to near-term earnings growth.
Following these transactions, Wong directly owns 33,025.818 shares of Cisco Systems. Analyst price targets for Cisco range from $67 to $100, with the company maintaining dividend payments for 15 consecutive years at a current yield of 2.15%. For deeper insights into Cisco’s valuation metrics and 13 additional ProTips, a comprehensive Pro Research Report is available through InvestingPro, covering what really matters for smarter investing decisions.
In other recent news, Cisco reported strong fiscal first-quarter results, with product orders growing by 13% year-over-year, or 9% excluding hyperscalers. The company also recorded $1.3 billion in artificial intelligence (AI) orders during the quarter, marking a 50% growth quarter-over-quarter. UBS responded to these results by raising its price target for Cisco to $90, up from $88, and maintained a Buy rating. Cisco’s venture capital arm, Cisco Investments, is making strategic moves by investing in World Labs Technologies, a spatial intelligence AI startup. This investment is intended to accelerate the development of Large World Models that allow AI systems to interact with physical environments in three dimensions.
Additionally, Cisco announced a collaboration with IBM to develop networked distributed quantum computing, with plans for an initial demonstration within five years. This partnership aims to leverage IBM’s quantum computing capabilities alongside Cisco’s networking expertise, targeting completion by the early 2030s. Evercore ISI maintained its In Line rating on Cisco following the announcement of a joint venture with AMD and HUMAIN, which is expected to generate $300-500 million in revenue. The joint venture plans to provide full-stack AI solutions with operations beginning in 2026.
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