Cisco Systems, Inc’s recent filing unveils that its Director ELLEGATUS, LLC acquired Company’s shares for reported $0.17 million on Feb 27 ’25. In the deal valued at $65.21 per share,2,622 shares were bought.
Then, Wong Maria Victoria sold 3,485 shares, generating $222,901 in total proceeds. Upon selling the shares at $63.96, the SVP & Chief Acctg Officer now owns 45,320 shares.
Before that, Wong Maria Victoria bought 3,485 shares. Cisco Systems, Inc shares valued at $222,901 were divested by the Officer at a price of $63.96 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 Monday, Cisco Systems, Inc [NASDAQ:CSCO] saw its stock fall -2.94% to $62.06. Over the last five days, the stock has lost -2.24%. Cisco Systems, Inc shares have risen nearly 4.83% since the year began. Nevertheless, the stocks have risen 26.22% 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 $61.59, while 200 days put it at $54.02.
Levels Of Support And Resistance For CSCO Stock
The 24-hour chart illustrates a support level at 61.26, which if violated will result in even more drops to 60.47. On the upside, there is a resistance level at 63.27. A further resistance level may holdings at 64.49. The Relative Strength Index (RSI) on the 14-day chart is 44.50, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.66, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 89.47%. Stochastics %K at 25.18% indicates the stock is a holding.
