Investors can speculate about the future of a stock by watching how its insiders buy and sell stocks. Cisco Systems, Inc shares valued at $581,809 were purchased by THIMAYA SUBAIYA on Feb 20 ’25. At $64.84 per share, THIMAYA SUBAIYA acquired 8,973 shares.
Also, Robbins Charles sold 31,983 shares, netting a total of over 2,060,179 in proceeds. Following the sale of shares at $64.41 each, the insider now holds 736,120 shares.
Before that, Herren Richard Scott had sold 19,929 shares from its account. In a trade valued at $1,283,703, the EVP and CFO traded Cisco Systems, Inc shares for $64.41 each. Upon closing the transaction, the insider’s holdings decreased to 19,929 shares, worth approximately $21.7 million.
As published in a research note from DZ Bank on February 18, 2025, Cisco Systems, Inc [CSCO] has been rated up from a Hold to a Buy. Analysts at Rosenblatt upgraded the stock from ‘”a Neutral”‘ to ‘”a Buy”‘ outlook in a report released in mid February. As of January 28, 2025, Exane BNP Paribas has increased its “Neutral” rating to a “an Outperform” for CSCO. Earlier on January 17, 2025, Citigroup resumed its rating. Their recommendation was “a Buy” for CSCO stock.
Analyzing CSCO Stock Performance
During the last five days, there has been a surge of approximately 3.42%. Over the course of the year, Cisco Systems, Inc shares have jumped approximately 9.24%. Shares of the company reached a 52-week high of $66.50 on 02/13/25 and a 52-week low of $58.17 on 01/13/25. A 50-day SMA is recorded $60.38, while a 200-day SMA reached $53.09. Nevertheless, trading volume fell to 14.82 million shares from 14.16 million shares the previous day.
Support And Resistance Levels for Cisco Systems, Inc (CSCO)
According to the 24-hour chart, there is a support level at 64.22, which, if violated, would cause prices to drop to 63.76. In the upper region, resistance lies at 65.18. The next price resistance is at 65.68. RSI (Relative Strength Index) is 70.50 on the 14-day chart, showing overbought technical sentiment. Moving Average Convergence Divergence (MACD) is at 1.79, which suggests the price will increase in the coming days. Percent R is at 26.33%, indicating bullish price movement. Stochastics %K at holding indicates that the stock is to be held.
