Cisco Systems, Inc’s recent filing unveils that its Chair and CEO Robbins Charles unloaded Company’s shares for reported $2.06 million on Feb 14 ’25. In the deal valued at $64.41 per share,31,983 shares were sold. As a result of this transaction, Robbins Charles now holds 736,120 shares worth roughly $ 47.55 million.
Then, Herren Richard Scott sold 19,929 shares, generating $1,283,703 in total proceeds. Upon selling the shares at $64.41, the EVP and CFO now owns 335,605 shares.
Before that, RICHARD SCOTT HERREN bought 19,929 shares. Cisco Systems, Inc shares valued at $1,272,267 were divested by the Officer at a price of $63.84 per share.
DZ Bank upgraded its Cisco Systems, Inc [CSCO] rating to a Buy from a a Hold in a research note published recently. A number of analysts have revised their coverage, including Rosenblatt’s analysts, who increased its forecast for the stock in mid February from “a Neutral” to “a Buy”. Exane BNP Paribas also remained covering CSCO and has increased its forecast on January 28, 2025 with a “an Outperform” recommendation from previously “Neutral” rating. Citigroup maintained its rating on January 17, 2025. It rated CSCO as “a Buy”.
Price Performance Review of CSCO
On Tuesday, Cisco Systems, Inc [NASDAQ:CSCO] saw its stock fall -0.43% to $64.59. Over the last five days, the stock has gained 2.83%. Cisco Systems, Inc shares have risen nearly 9.10% since the year began. Nevertheless, the stocks have risen 28.46% over the past one year. While a 52-week high of $66.50 was reached on 02/13/25, a 52-week low of $44.50 was recorded on 01/13/25. SMA at 50 days reached $60.18, while 200 days put it at $52.91.
Levels Of Support And Resistance For CSCO Stock
The 24-hour chart illustrates a support level at 63.93, which if violated will result in even more drops to 63.27. On the upside, there is a resistance level at 65.75. A further resistance level may holdings at 66.91. The Relative Strength Index (RSI) on the 14-day chart is 71.29, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 2.21, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 27.32%. Stochastics %K at 76.56% indicates the stock is a holding.
