Cisco Systems Inc (NASDAQ:CSCO) Sellers Strengthened By 21.28% Their Shorts

April 16, 2018 - By Elizabeth Jones

Cisco Systems, Inc. (NASDAQ:CSCO) Corporate Logo

During Q4 2017 the big money sentiment increased to 1.03. That’s change of 0.01, from 2017Q3’s 1.02. 51 investors sold all, 660 reduced holdings as Cisco Systems, Inc. ratio improved. 589 rose stakes while 145 funds took stakes. Funds hold 3.54 billion shares thus 1.52% less from 2017Q3’s 3.60 billion shares.
Tributary Cap Ltd Liability has invested 0.07% in Cisco Systems, Inc. (NASDAQ:CSCO). 724,302 were reported by Bokf Na. Capital One Natl Association reported 102,121 shs or 0.26% of all its holdings. Grubman Wealth Management reported 7,000 shs. Opus Invest Incorporated accumulated 153,000 shs. Torch Wealth Management Llc holds 0.21% or 8,949 shs in its capital. Quantum Management has invested 0.36% in Cisco Systems, Inc. (NASDAQ:CSCO). Homrich And Berg reported 64,989 shs. Bluemountain Ltd Llc invested 0.09% in Cisco Systems, Inc. (NASDAQ:CSCO). Hengehold Cap Mgmt Ltd Llc holds 0.08% or 8,363 shs. 3,082 are owned by Lenox Wealth Management. Ontario – Canada-based Nexus Invest Management has invested 3.42% in Cisco Systems, Inc. (NASDAQ:CSCO). Moreover, Mufg Americas Holdg has 0.93% invested in Cisco Systems, Inc. (NASDAQ:CSCO) for 809,023 shs. 333,017 were reported by Strategy Asset Managers Limited Liability. Howland Capital Ltd Com has invested 0.05% in Cisco Systems, Inc. (NASDAQ:CSCO).

Cisco Systems, Inc. had 5 insider sales and 0 insider purchases since December 14, 2017. This’s net activity of $10.28 million. $625,751 worth of Cisco Systems, Inc. (NASDAQ:CSCO) was sold by SARIN ARUN on Tuesday, February 20. The insider BURNS M MICHELE sold 12,126 shs worth $550,153. On Thursday, March 15 the insider Goeckeler David sold $940,559. On Thursday, December 14 BARTZ CAROL sold $7.59 million worth of Cisco Systems, Inc. (NASDAQ:CSCO).

Cisco Systems Inc (NASDAQ:CSCO) had an increase of its short interest by 21.28%. It was published in April by FINRA the 59.93M short interest on CSCO. Previously was reported up change of 21.28% from 49.42 million shares. With Average volume 25.60M, CSCO’s former position will take 2 days to restore. Cisco Systems Inc float short is 1.21%.

Its shares touched $43.4085 on during the last trading session after 0.95% change.Cisco Systems, Inc. has volume of 12.96M shares. Since April 16, 2017 CSCO has risen 25.57% and is uptrending. CSCO outperformed by 14.02% the S&P 500.

Cisco Systems, Inc. designs, manufactures, and sells Internet Protocol based networking and other products related to the communications and information technology industry worldwide.The firm is worth $209.12 billion. The firm offers switching products, including fixed-configuration and modular switches, and storage products that provide connectivity to end users, workstations, IP phones, wireless access points, and servers; and next-generation network routing products that interconnect public and private wireline and mobile networks for mobile, data, voice, and video applications.Currently it has negative earnings. It also provides collaboration products comprising unified communications products, conferencing products, collaboration endpoints, and business messaging products; data center products, such as blade and rack servers, series, fabric interconnects, and management software solutions; wireless products consisting of wireless access points, WLAN controllers, cloud and appliances based services, and integrated software services.

Cisco Systems, Inc. (NASDAQ:CSCO) Ratings Coverage

In total 23 analysts cover Cisco Systems (NASDAQ:CSCO). “Buy” rating has 18, “Sell” are 0, while 5 are “Hold”. 78% are bullish. 41 are the (NASDAQ:CSCO)’s analyst reports since October 24, 2017 according to StockzIntelligence Inc. In Friday, March 23 report Goldman Sachs upgraded the stock to “Buy” rating. On Thursday, November 16 the company was maintained by Citigroup. On Thursday, November 16 the stock has “Neutral” rating by Nomura. On Sunday, February 11 the stock of Cisco Systems, Inc. (NASDAQ:CSCO) has “Buy” rating given by RBC Capital Markets. On Friday, November 3 the rating was maintained by Cowen & Co with “Buy”. On Thursday, February 15 the stock has “Buy” rating by Wells Fargo. On Wednesday, November 15 the stock of Cisco Systems, Inc. (NASDAQ:CSCO) earned “Buy” rating by Piper Jaffray. On Monday, November 27 the company was maintained by Bernstein. On Thursday, February 15 the firm has “Buy” rating given by KeyBanc Capital Markets. On Thursday, January 18 the firm has “Buy” rating by KeyBanc Capital Markets given.

Cisco Systems, Inc. (NASDAQ:CSCO) Institutional Investors Chart

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