Kevin Weil Buys Cisco Systems Shares
Kevin Weil acquired 251 shares of Cisco Systems, Inc. on June 15, 2026.
Key Points
- Kevin Weil bought 251 shares of Cisco Systems, Inc. on June 15, 2026, at $120.17 each, totaling $30,162.67.
- Cisco Systems, Inc. has a market cap of about $473.6 billion and a P/E ratio of 40.1.
- Analysts from Morgan Stanley and B of A Securities maintain 'buy' ratings with targets up to $150.
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Kevin Weil recently bought 251 shares of Cisco Systems, Inc. (NasdaqGS: CSCO) on June 15, 2026. The shares were purchased at a price of $120.17 each, amounting to a total transaction value of $30,162.67. This transaction was not part of a pre-arranged trading plan.
Insider Buying and Selling at Cisco Systems, Inc.
Alongside Kevin Weil's purchase, other insider transactions occurred at Cisco. Kristina Johnson acquired 351 shares, and Marianna Tessel also bought 251 shares on the same day, each at $120.17. On the selling side, Oliver Tuszik, EVP of Global Sales, sold 2,607 shares at an average price of $121.12 on June 11, 2026, under a planned transaction. Mark Patterson, EVP and CFO, sold 7,397 shares on June 11 and 6,399 shares on June 10 at average prices of $119.96 and $120.36, respectively.
Other Institutional Activity in Cisco Systems
Several major institutional investors have also adjusted their positions in Cisco. BlackRock, Inc. reduced its holdings by 13,276,196 shares, ending with 365,059,875 shares worth approximately $28.3 billion. Meanwhile, Vanguard Capital Management LLC initiated a new position with 243,780,205 shares valued at about $18.9 billion. State Street Corp trimmed its stake by 1,927,464 shares, retaining 193,593,697 shares valued at $15 billion. Geode Capital Management, LLC increased its position by 2,510,076 shares, holding 102,134,942 shares worth around $7.9 billion.
Cisco Systems, Inc. Stock Up 8.8%
Shares of Cisco Systems, Inc. are trading near $120.17. The company boasts a market cap of approximately $473.6 billion and a P/E ratio of 40.1. Its forward P/E is 25.2, with a beta of 1.004. The stock has ranged between $65.02 and $130.37 over the past year, with a 50-day moving average of $102.80 and a 200-day moving average of $81.89. Cisco maintains a current ratio of 0.925 and a quick ratio of 0.704, with a debt-to-equity ratio of 67.541.
$CSCO stock price
Daily closing prices, year to date. Not investment advice.
Recent Earnings
In its latest financial results, Cisco Systems reported revenue of $60.75 billion, reflecting a 12% growth. The company's earnings per share stood at $3.00, with a net margin of 19.7% and a return on equity of 25.2%. Cisco is set to announce its next earnings on August 12, 2026.
Earnings drift grade
Outlook vs expectations on the last report — not price action.
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Forward outlook
11 analysts raised price targets.
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EPS & revenue
EPS met estimates. Revenue beat estimates by 2.7%.
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Profit surprise
EBITDA missed by 24 percent. Operating income missed by 58 percent.
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Pre-earnings setup
Expectations were about average.
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Analyst signal
1 upgrade, 11 target raises.
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Earnings quality
Gross margin down 1.9 points. Operating margin up 2.4 points. Positive free cash flow.
Earnings Call Summary
Cisco delivered record 15.8 billion dollar revenue in the quarter, up 10 percent year over year, with networking revenue surging 21 percent driven by AI infrastructure demand and campus switching upgrades. The company shipped its millionth Silicon One chip, unveiled its new 102.4 terabit G300 processor, and expects strong AI orders exceeding 5 billion dollars for the year, though security revenue declined 4 percent due to Splunk transition to cloud subscriptions. Strong product order growth of 18 percent, especially from hyperscalers up 65 percent, shows broad momentum despite gross margin compression from memory cost inflation.
Guidance Cisco guided for full-year revenue of about 61.5 billion dollars and earnings per share of 4.15 dollars, putting the company on track for its strongest year. The company also raised its AI infrastructure order target to over 5 billion dollars for fiscal 2026, expecting to recognize more than 3 billion dollars in AI revenue.
Fine but not compelling. Acceptable results that likely do not create a meaningful forward reset.
Dividend
Cisco pays an annual dividend rate of $1.68, yielding 1.4%, with a payout ratio of 55%. The company's consistent dividend payments make it attractive to income-focused investors.
Analysts Set New Price Targets
On June 12, 2026, Morgan Stanley maintained its 'buy' rating for Cisco, setting a price target of $130. B of A Securities also kept a 'buy' rating, with a higher target of $150 on June 8, 2026. HSBC recently upgraded Cisco to a 'buy' with a target of $137 on May 15, 2026. The consensus among 22 analysts is a 'buy' recommendation, with a mean target price of $126.95.
About Cisco Systems, Inc.
Cisco Systems, Inc. is a leading technology company based in San Jose, California. It designs and sells a wide range of networking equipment and software, powering internet connections globally. Cisco provides solutions for data center switching, network security, and collaboration tools like the Webex suite. Led by CEO Charles Robbins, the company employs around 86,200 people worldwide and serves businesses, governments, and service providers.
Bottom Line
Kevin Weil's recent purchase of Cisco shares is part of ongoing insider activity at the company. Cisco remains a significant player in the technology sector, with a robust market presence and consistent financial performance. Analysts continue to view the stock favorably, with several maintaining 'buy' ratings and setting ambitious price targets.
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