Cisco Systems, Inc.’s recent filing unveils that its SVP & Chief Acctg Officer Wong Maria Victoria unloaded Company’s shares for reported $31319.0 on Sep 12 ’24. In the deal valued at $49.09 per share,638 shares were sold. As a result of this transaction, Wong Maria Victoria now holds 46,017 shares worth roughly $2.42 million.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Then, Subaiya Thimaya K. sold 1,328 shares, generating $64,966 in total proceeds. Upon selling the shares at $48.92, the EVP, Operations now owns 132,910 shares.
Before that, Stahlkopf Deborah L sold 2,642 shares. Cisco Systems, Inc. shares valued at $129,335 were divested by the EVP and Chief Legal Officer at a price of $48.95 per share. As a result of the transaction, Stahlkopf Deborah L now holds 161,223 shares, worth roughly $8.47 million.
HSBC Securities upgraded its Cisco Systems, Inc. [CSCO] rating to a Buy from a a Hold in a research note published on August 16, 2024; the price target was increased to $58 from $46. A number of analysts have revised their coverage, including New Street’s analysts, who increased its forecast for the stock in mid August from “a Neutral” to “a Buy”. Exane BNP Paribas also remained covering CSCO and has increased its forecast on May 13, 2024 with a “Neutral” recommendation from previously “an Underperform” rating.
Price Performance Review of CSCO
On Monday, Cisco Systems, Inc. [NASDAQ:CSCO] saw its stock fall -0.45% to $52.51. Over the last five days, the stock has lost -1.33%. Cisco Systems, Inc. shares have risen nearly 3.94% since the year began. Nevertheless, the stocks have fallen -1.06% over the past one year. While a 52-week high of $54.58 was reached on 09/30/24, a 52-week low of $44.50 was recorded on 08/12/24. SMA at 50 days reached $49.62, while 200 days put it at $48.81.
Levels Of Support And Resistance For CSCO Stock
The 24-hour chart illustrates a support level at 52.30, which if violated will result in even more drops to 52.10. On the upside, there is a resistance level at 52.78. A further resistance level may holdings at 53.06. The Relative Strength Index (RSI) on the 14-day chart is 62.92, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.17, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 26.32%. Stochastics %K at 76.78% indicates the stock is a holding.
How much short interest is there in Cisco Systems, Inc.?
A steep rise in short interest was recorded in Cisco Systems, Inc. stocks on 2024-09-13, growing by 0.12 million shares to a total of 52.15 million shares. Yahoo Finance data shows the prior-month short interest on 2024-08-15 was 52.04 million shares. There was a rise of 0.22%, which implies that there is a positive sentiment for the stock.
