Tuesday, 21 November, 2017

Cisco Systems, Inc. (CSCO) - Stock Performance

Nellie Chapman | 13 October, 2017, 07:40

Pioneer Investment Management Inc. now owns 8,258,748 shares of the network equipment provider's stock worth $279,146,000 after purchasing an additional 408,875 shares during the last quarter. Cisco Sys Inc now has $164.63B valuation. (NASDAQ:CSCO) was down -0.62% during the last trading session, with a day high of 33.91. About 12.46M shares traded.

Cisco Systems, Inc. (CSCO) now the company's industry has 13.86 P/E and the sector P/E is 16.24. It has underperformed by 3.50% the S&P500.

Cotiviti Holdings Incorporated (NYSE:COTV) had a decrease of 8.02% in short interest. ICPW's SI was 10,400 shares in October as released by FINRA. Its down 15.56% from 738,300 shares previously. With 1.68M avg volume, 53 days are for Globalstar Voting $ (NYSEAMERICAN:GSAT)'s short sellers to cover GSAT's short positions. Peapack Gladstone Fincl Corporation invested in 303,069 shares or 0% of the stock. About 4.49M shares traded or 8.45% up from the average. Groupon Inc (NASDAQ:GRPN) has declined 2.35% since October 11, 2016 and is downtrending. It has underperformed by 16.70% the S&P500.

Since May 18, 2017, it had 1 insider buy, and 0 selling transactions for $4.92 million activity. Therefore 67% are positive. Princeton Cap Mngmt reported 2.19% in Cisco Systems, Inc. Finally, BMO Capital Markets reissued a "hold" rating and set a $32.00 price target on shares of Cisco Systems in a report on Thursday, September 28th. On Monday, August 17 the stock rating was downgraded by Morgan Stanley to "Equal Weight". The firm has "Buy" rating given on Monday, October 24 by Cantor Fitzgerald. Barclays Capital maintained it with "Overweight" rating and $40 target in Friday, March 10 report. On Thursday, August 18 the stock rating was maintained by Citigroup with "Buy". The firm has "Neutral" rating by Macquarie Research given on Friday, August 26. Finally, ValuEngine raised Cisco Systems from a "hold" rating to a "buy" rating in a research note on Tuesday, September 26th.

14 number of analysts have estimated the sales of the company for the quarter ending Nov 15, 2017, analysts estimated mean sale target of 12242.8 million while high and low sale targets are estimated at 12790 million and 11786 million respectively. Walker Karen had sold 7,802 shares worth $244,125 on Sunday, June 11. On Wednesday, June 14 the insider Jacoby Rebecca sold $2.94 million. The shares were sold at an average price of $32.06, for a total value of $3,891,763.40.

Investors sentiment decreased to 1.04 in Q2 2017. The stock now has Weekly Volatility of 0.97% and Monthly Volatility of 1.19%. Raffles Lp owns 1.95% invested in American International Group Inc (NYSE:AIG) for 33,332 shares. 24 funds opened positions while 58 raised stakes. Apriem Advsr holds 1.13% or 136,140 shares. Da Davidson Co holds 0% or 32,291 shares. Cadence Natl Bank Na, a Texas-based fund reported 84,996 shares. Arvest State Bank Trust Division accumulated 201,440 shares. 49,854 are owned by Glenmede Na. Cortland Inc Mo invested in 16,030 shares. Holland Cap Management Lc holds 11,423 shares or 0.02% of its portfolio. Fred Alger Mgmt holds 250,891 shares or 0.04% of its portfolio. (NASDAQ:CSCO), 23 have Buy rating, 0 Sell and 14 Hold. Paradigm Financial Advisors Llc reported 43,693 shares. Becker Mngmt Inc stated it has 1.39M shares or 1.55% of all its holdings. The company was upgraded on Friday, May 6 by Raymond James. 6,429 are owned by Clarivest Asset Ltd Liability Corporation. The Firm operates through three divisions: North America, which represents the United States and Canada; EMEA, which consists of Europe, and the Middle East and Africa, and the remainder of its global activities. It offers goods and services in three primary categories: Local Deals (Local), Groupon Goods (Goods) and Groupon Getaways (Travel).

Investors sentiment increased to 1.18 in 2017 Q2. Its down 0.31, from 1.35 in 2017Q1. It increased, as 90 investors sold CSCO shares while 594 reduced holdings. Fieldpoint Private Advsrs holds 2,200 shares or 3.57% of its portfolio. Hartford Management reported 2,649 shares. Pioneer Investment Management Inc. lifted its holdings in Cisco Systems by 5.2% during the 1st quarter. Notis has 34,621 shares. Penobscot Inv Management Communications reported 1.02% of its portfolio in Cisco Systems, Inc. (NASDAQ:CSCO). Intersect Cap Limited Liability Corp reported 46,802 shares. 923,809 were reported by Pax World Mgmt Ltd Com. 32,909 are owned by Beach Investment Ltd Llc. California-based Dowling And Yahnke Ltd Co has invested 0.68% in Cisco Systems, Inc. On average, analysts expect that Cisco Systems, Inc. will post $2.43 EPS for the current year. More interesting news about Cisco Systems, Inc.

Among 4 analysts covering Severfield (LON:SFR), 4 have Buy rating, 0 Sell and 0 Hold. Therefore 62% are positive.

Among 37 analysts covering Cisco Systems Inc. The Company delivers its technology and services to its customers as solutions for their priorities, including cloud, video, mobility, security, collaboration and analytics. The firm earned "Buy" rating on Wednesday, August 17 by Jefferies. S&P Research has "Strong Buy" rating and $70 target. Piperjaffray maintained Cisco Systems, Inc. As per Thursday, April 21, the company rating was maintained by Cantor Fitzgerald.

08/15/2017 - Cisco Systems, Inc. had its "outperform" rating reiterated by analysts at Cowen. (NASDAQ:CSCO) earned "Neutral" rating by JP Morgan on Thursday, May 19. As per Thursday, August 18, the company rating was maintained by Goldman Sachs. The firm has "Buy" rating by Suntrust Robinson given on Tuesday, November 24. Jefferies maintained the stock with "Buy" rating in Tuesday, September 5 report.

Analysts await Cisco Systems, Inc.