The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Cisco Systems, Inc shares valued at $170,981 were purchased by ELLEGATUS, LLC on Feb 27 ’25. At $65.21 per share, ELLEGATUS, LLC acquired 2,622 shares.
Also, Wong Maria Victoria sold 3,485 shares, netting a total of over 222,901 in proceeds. Following the sale of shares at $63.96 each, the insider now holds 45,320 shares.
Before that, Wong Maria Victoria had added 3,485 shares to its account. In a trade valued at $222,901, the Officer bought Cisco Systems, Inc shares for $63.96 each.
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 drop of approximately -1.33%. Over the course of the year, Cisco Systems, Inc shares have jumped approximately 7.79%. 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 $60.87, while a 200-day SMA reached $53.50. Nevertheless, trading volume fell to 24.39 million shares from 13.45 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 63.28, which, if violated, would cause prices to drop to 62.74. In the upper region, resistance lies at 64.82. The next price resistance is at 65.82. RSI (Relative Strength Index) is 58.99 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.32, which suggests the price will decrease in the coming days. Percent R is at 50.75%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
