Cisco Systems has a 12-month low of $22.46 and a 12-month high of $31.70. Also, EVP Pankaj Patel sold 49,387 shares of the company’s stock in a transaction that occurred on Tuesday, June 21st.
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These professional investors have teams of analysts researching thousands of stocks, so it is good confirmation to see them taking a postion in a stock you are researching. The shares were sold at an average price of $29.02, for a total value of $119,939.66. For the past 5 years, the company’s revenue has grown 4.1%, while the company’s earnings per share has grown -4.9%. The firm had revenue of $12.60 billion for the quarter, compared to the consensus estimate of $12.57 billion.
Currently, the stock carries a price to earnings ratio of 26.76, a price to book ratio of 6.13, and a price to sales ratio of 5.25.
According to TipRanks.com, which measures analysts’ and bloggers’ success rate based on how their calls perform, analyst Jayson Noland has a yearly average return of 9.9% and a 60% success rate. The hold, buy and sell recommendations are compiled to get an average rating on a 1-5 scale.
These market makers issue reports on the stocks they cover and issue Buy, Sell and Hold ratings on the equities they cover. The Return on Equity (ROE) value stands at 17.4%.
In Medtronic PLC (NYSE:MDT) latest quarter ended on 31 Jul 2016, company announced earnings of $1.03.
Wall Street renowned brokerages following Cisco Systems, Inc.
The simple 20 day moving average for Cisco Systems, Inc.is 0.32% and the simple 200-day moving average is at 11.62%. M Holdings Securities Inc. raised its position in shares of Cisco Systems by 8.5% in the fourth quarter. This represents a $1.04 dividend on an annualized basis and a yield of 3.35%. The Stock now has a Weekly Volatility of 1.68% and Monthly Volatility of 1.27%. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. The shares were sold at an average price of $31.14, for a total transaction of $1,558,525.86. The disclosure for this sale can be found here.
The volatility (week) for Cisco Systems, Inc.is at 1.68% and the volatility (month) is at 1.27%.
During last 3 month it remained at 9.44%. Inc. raised its stake in Cisco Systems by 6.7% in the second quarter. Analysts sometimes have close ties with company senior management and executives and have access to information that a normal retail investor might not have. Kentucky Retirement Systems Insurance Trust Fund acquired a new position in shares of Cisco Systems during the fourth quarter worth about $5,163,000. BlackRock Fund Advisors now owns 74,322,079 shares of the network equipment provider’s stock valued at $2,132,300,000 after buying an additional 4,111,441 shares during the last quarter.
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Institutional sponsorship simply refers to ownership of a stock by mutual funds, banks, pension funds and other large institutions. The Company is engaged in designing, manufacturing and selling Internet Protocol (IP)-based networking and other products related to the communications and information technology (IT) industry, and provides services associated with these products and their use.
