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Deborah L. Stahlkopf, Executive Vice President and Chief Legal Officer of Cisco Systems, Inc. (NASDAQ:CSCO), a prominent player in the Communications Equipment industry with a market capitalization of $252 billion, recently sold a significant portion of her holdings in the company. The stock has shown strong momentum, delivering a 28% return over the past six months and currently trading near its 52-week high. According to a filing with the Securities and Exchange Commission, Stahlkopf sold a total of 11,808 shares of Cisco common stock on February 21, 2025, generating proceeds of approximately $760,031. The shares were sold at prices ranging from $64.3559 to $64.94 per share. Based on InvestingPro analysis, Cisco’s current price indicates the stock is slightly overvalued relative to its Fair Value.
The transactions were conducted under a Rule 10b5-1 trading plan, which Stahlkopf adopted on November 15, 2024. Following these sales, Stahlkopf retains direct ownership of 200,191 shares of Cisco common stock. The filing also notes that her remaining shares include dividend equivalents accrued on both vested and unvested restricted stock units, which are economically equivalent to shares of Cisco common stock. Notably, Cisco maintains a strong dividend track record, having raised its dividend for 14 consecutive years, with a current yield of 2.56%. InvestingPro subscribers can access 10+ additional investment tips and comprehensive analysis in the Pro Research Report for Cisco, along with detailed financial metrics and expert insights.
In other recent news, Cisco Systems Inc. reported strong quarterly earnings, with revenues reaching $14.0 billion, slightly exceeding its guidance range. The company saw a notable increase in product orders, which grew organically by 11%, excluding contributions from Splunk (NASDAQ:SPLK). Cisco’s AI infrastructure orders also showed robust growth, securing over $350 million in orders during the quarter. As a result of these positive developments, several analyst firms have adjusted their outlooks on Cisco. UBS raised its revenue estimates for fiscal years 2025 and 2026, while Piper Sandler increased its price target from $57.00 to $72.00. Citi also lifted its price target to $71.00, maintaining a Buy rating, citing the strong performance of Cisco’s core networking business. Barclays (LON:BARC) raised its price target to $61.00 following Cisco’s impressive order growth and positive revenue projections. Cisco’s management has increased its fiscal 2025 growth guidance and anticipates a continued demand surge in AI and networking solutions.
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