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Cisco’s CEO Charles Robbins sells $2m in CSCO stock

Published 20/08/2025, 00:24
Cisco’s CEO Charles Robbins sells $2m in CSCO stock
CSCO
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Cisco Systems (NASDAQ:CSCO) Chair and CEO Charles Robbins sold 30,557 shares of company stock on August 15, 2025, for a total value of $2,036,057. The $264 billion communications equipment giant currently trades near Fair Value according to InvestingPro analysis, and boasts a perfect Piotroski Score of 9, indicating strong financial health.

The sales were executed in three separate transactions, with prices ranging from $66.1868 to $68.4671.

Following the transactions, Robbins directly owns 638,999.752 shares of Cisco Systems.

The sales were conducted under a pre-arranged Rule 10b5-1 trading plan adopted on March 6, 2025.

In other recent news, Cisco Systems Inc. reported its fiscal fourth-quarter earnings, surpassing Wall Street expectations with an earnings per share of $0.99 and revenue of $14.7 billion. These results slightly exceeded the anticipated figures of $0.98 per share and $14.62 billion in revenue. Evercore ISI responded by raising its price target for Cisco to $74, citing the company’s overall revenue growth of approximately 8% year-over-year and a 12% increase in its core networking segment. Meanwhile, Piper Sandler lowered its price target to $64, maintaining a Neutral rating due to modest growth outlook concerns and fiscal year 2026 guidance that fell short of bullish expectations.

KeyBanc Capital Markets maintained an Overweight rating with a $77 price target, highlighting Cisco’s strong networking performance and healthy product order growth at 7%. BofA Securities increased its price target to $85, attributing the decision to Cisco’s revamped portfolio and an infrastructure cycle driven by AI and data growth. Despite these positive developments, Cisco’s stock experienced a slight decline during regular trading hours. However, the company’s strategic positioning in AI and networking continues to be a point of focus for analysts.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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