Cisco Systems, Inc’s recently made public that its President and CPO Patel Jeetendra I unloaded Company’s shares for reported $0.64 million on May 16 ’25. In the deal valued at $63.97 per share,9,961 shares were sold. As a result of this transaction, Patel Jeetendra I now holds 257,162 shares worth roughly $16.39 million.
Then, Stahlkopf Deborah L sold 9,643 shares, generating $612,301 in total proceeds. Upon selling the shares at $63.50, the EVP and Chief Legal Officer now owns 181,186 shares.
Before that, JEETENDRA PATEL bought 9,961 shares. Cisco Systems, Inc shares valued at $640,094 were divested by the Officer at a price of $64.26 per share.
New Street downgraded its Cisco Systems, Inc [CSCO] rating to a Neutral from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Wells Fargo’s analysts, who increased its forecast for the stock in mid May from “an Equal weight” to “an Overweight”. Cleveland Research also remained covering CSCO and has increased its forecast on May 09, 2025 with a “Buy” recommendation from previously “Neutral” rating. DZ Bank revised its rating on February 18, 2025. It rated CSCO as “a Buy” which previously was an “a Hold”.
Price Performance Review of CSCO
On Tuesday, Cisco Systems, Inc [NASDAQ:CSCO] saw its stock jump 1.01% to $63.75. Over the last five days, the stock has lost -0.27%. Cisco Systems, Inc shares have risen nearly 7.69% since the year began. Nevertheless, the stocks have risen 34.41% 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 $59.41, while 200 days put it at $57.47.
Levels Of Support And Resistance For CSCO Stock
The 24-hour chart illustrates a support level at 63.39, which if violated will result in even more drops to 63.04. On the upside, there is a resistance level at 64.05. A further resistance level may holdings at 64.35. The Relative Strength Index (RSI) on the 14-day chart is 66.60, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.09, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 29.89%. Stochastics %K at 65.52% indicates the stock is a holding.
