Cisco Systems, Inc’s recently made public that its SVP & Chief Acctg Officer Wong Maria Victoria unloaded Company’s shares for reported $46474.0 on Mar 12 ’25. In the deal valued at $60.99 per share,762 shares were sold. As a result of this transaction, Wong Maria Victoria now holds 44,155 shares worth roughly $2.4 million.
Then, Subaiya Thimaya K. sold 2,065 shares, generating $125,344 in total proceeds. Upon selling the shares at $60.70, the EVP, Operations now owns 191,184 shares.
Before that, Stahlkopf Deborah L sold 2,856 shares. Cisco Systems, Inc shares valued at $173,393 were divested by the EVP and Chief Legal Officer at a price of $60.71 per share. As a result of the transaction, Stahlkopf Deborah L now holds 195,774 shares, worth roughly $10.65 million.
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 -0.24% to $54.41. Over the last five days, the stock has lost -11.83%. Cisco Systems, Inc shares have fallen nearly -8.09% since the year began. Nevertheless, the stocks have risen 13.09% 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 04/07/25. SMA at 50 days reached $61.70, while 200 days put it at $55.41.
Levels Of Support And Resistance For CSCO Stock
The 24-hour chart illustrates a support level at 52.31, which if violated will result in even more drops to 50.20. On the upside, there is a resistance level at 56.32. A further resistance level may holdings at 58.22. The Relative Strength Index (RSI) on the 14-day chart is 24.16, which indicates oversold technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -4.55, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 76.84%. Stochastics %K at 8.54% indicates the stock is a buying.
How much short interest is there in Cisco Systems, Inc?
A steep rise in short interest was recorded in Cisco Systems, Inc stocks on 2025-03-14, dropping by -3.97 million shares to a total of 54.04 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-14 was 58.02 million shares. There was a decline of -7.35%, which implies that there is a negative sentiment for the stock.
