The Cisco Systems Target of Unusually Large Options Trading (CSCO)

Cisco Systems (NASDAQ CSCO) opened its doors at 31.41 on Friday. Cisco Systems has a one-year low of $ 28.17 and a one-year high of $ 34.60. The company has a market capitalization of $ 157.05 billion, a P / E ratio of 15.94 and a beta of 1.23. 50-day moving average price of the stock is $ 31.99 and its 200-day moving average price is $ 32.31.

Cisco Systems, Inc. (NASDAQ: CSCO) was the target of some unusual options sales on Friday. Stock traders bought 22,166 put options in stock. This is a 202% increase compared to the average volume of 7,346 put options.

Cisco Systems (NASDAQ: CSCO) last issued its quarterly profit data on Wednesday, May 17. The network equipment provider reported $ 0.60 earnings per share for the quarter, surpassing analysts' consensus estimates of $ 0.58 per $ 0.02. The firm had revenues of $ 11.94 billion in the quarter, compared with expectations of $ 11.90 billion analysts. Cisco Systems had a return on equity of 17.31% and a net margin of 20.61%. The company's quarterly revenues fell 0.5% year-on-year. During the same period of the previous year, the company registered $ 0.57 EPS. Stock analysts anticipate that Cisco Systems will record $ 2.38 EPS for the current fiscal year. The business also recently reported a quarterly dividend, which will be paid on Wednesday, July 26. Registered investors on Friday, July 7 will receive a dividend of $ 0.29 per share. This represents a dividend of $ 1.16 on an annualized basis and a dividend yield of 3.69%. The ex-dividend date for this dividend is Wednesday, July 5. The Dividend Ratio (DPR) of Cisco Systems is currently 58.29%.

In other news from Cisco Systems, insider John T. Chambers sold 295,537 shares of the company in a transaction dated Wednesday, May 24. Shares were sold at an average price of $ 31.52, for a total transaction of $ 9,315,326.24. The transaction was disclosed in a filing with the SEC, which is available through the SEC's website. In addition, SVP Karen Walker sold 7,802 shares of the company in a transaction dated Tuesday, June 13. Shares were sold at an average price of $ 31.29, for a total transaction of $ 244,124.58. After the sale, the senior vice president now directly owns 178,577 shares of the company, valued at $ 5,587,674.33. The disclosure of this sale can be found here. During the last ninety days, the insiders have sold 396,179 shares of the company's shares for $ 12,503,407. The insiders own 0.11% of the shares of the company.

Several large investors have recently changed their holdings of CSCO. Parsons Capital Management Inc. RI increased its share of Cisco Systems shares by 4.5% in the first quarter. Parsons Capital Management Inc. now owns 117,524 shares of the network equipment supplier's stock for $ 3,972,000 after purchasing 5,110 additional shares during the period.

Atlantic Trust LLC increased its share of Cisco Systems shares by 5.2% in the first quarter. Atlantic Trust LLC now owns 99,980 shares of the network equipment supplier's stock for $ 3,379,000 after buying a total of 4,904 shares during the period. Laurel Wealth Advisors Inc. increased its share of Cisco Systems shares by 6.3% in the first quarter. Laurel Wealth Advisors Inc. now owns 88,847 shares of the network equipment provider's stock for $ 3,002,000 after purchasing 5,303 additional shares during the period. Perigon Wealth Management LLC increased its share of Cisco Systems shares by 9.4% in the first quarter. Perigon Wealth Management LLC now owns 173,311 shares of the network equipment provider shares for $ 5,858,000 after purchasing 14,920 additional shares during the period. Finally, Watermark Asset Management Inc. bought a new equity stake in Cisco Systems during the first quarter for $ 122,000. Hedge funds and other institutional investors own 76.14% of the company's shares.

Cisco Systems Company Profile Cisco Systems, Inc. designs and sells a range of products, offers services and offers integrated solutions to develop and connect networks around the world. The Company operates through three geographic segments: America; Europe, the Middle East and Africa (EMEA) and Asia Pacific, Japan and China (APJC).

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