Cisco Systems Inc (NASDAQ:CSCO) Short Interest Increased By 21.28%

Source Shutterstock

The institutional investor held 152,776 shares of the technology company at the end of 2017Q4, valued at $6.06M, up from 141,910 at the end of the previous reported quarter. The stock increased 0.98% or $1.18 during the last trading session, reaching $121.1. About 16.62 million shares traded. Insperity, Inc. (NYSE:NSP) has risen 61.54% since April 15, 2017 and is uptrending. It has underperformed by 15.30% the S&P500. CIBC Asset Management Inc boosted its stake in Cisco Systems by 1.5% in the 4th quarter.

Cisco Systems declared that its Board of Directors has approved a share buyback program on Wednesday, February 14th that authorizes the company to repurchase $25.00 billion in outstanding shares. The network equipment provider reported $0.63 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.59 by $0.04. Carnegie Capital Asset Management Llc who had been investing in Cisco Sys Inc for a number of months, seems to be less bullish one the $207.15 billion market cap company. Active investor focuses on important indicators those changes daily in trading session that includes where the Cisco Systems, Inc. stock price change moved UP, DOWN or UNCHNAGE? About 1.41 million shares traded.

On Friday, April 13, Shares of Cisco Systems, Inc. The stock outperformed the S&P500 by 14.02%.

Since December 14, 2017, it had 0 insider buys, and 5 selling transactions for $10.28 million activity. $578,740 worth of stock was sold by MCGEARY RODERICK C on Thursday, December 14. $550,153 worth of Cisco Systems, Inc. Adams Diversified Equity Fund owns 271,900 shares for 0.56% of their portfolio. Also, Director M Michele Burns sold 12,126 shares of the stock in a transaction dated Monday, February 26th.

Investors sentiment decreased to 1.21 in Q4 2017. Its up 0.01, from 1.02 in 2017Q3. 51 investors sold all, 660 reduced holdings as Cisco Systems, Inc. ratio increased. 113 funds opened positions while 321 raised stakes. Pennsylvania Trust holds 0.01% or 1,187 shares in its portfolio. Insiders own 0.05% of the company's stock. The funds in our database now possess: 2.91 million shares, up from 1.34 million shares in 2017Q3. Cahill Finance Advsrs Inc holds 19,103 shares. Zeke Advsr Limited Liability Com holds 0.48% or 119,568 shares. Eagle Global Advisors LLC now owns 227,732 shares of the network equipment provider's stock worth $6,534,000 after buying an additional 2,717 shares during the period.

Several analysts have released their opinion on Cisco Systems, Inc. (NASDAQ:CSCO) for 301,768 shares. Gemmer Asset Management reported 100 shares stake. The stock was purchased at an average price of $33.92 per share, for a total transaction of $102,675.84. 10,895 were accumulated by Birmingham Cap Mngmt Al. Boston Advisors Limited Co reported 0.2% in Cisco Systems, Inc. (NASDAQ:CSCO) for 106,905 shares. Highland Capital Mgmt Limited Liability Corporation has invested 1.63% in Cisco Systems, Inc. Since October 24, 2017 according to StockzIntelligence Inc Cisco Systems has 41 analyst reports.

Guinness Asset Management Ltd, which manages about $476.05 million US Long portfolio, decreased its stake in Imperial Oil Ltd (NYSEMKT:IMO) by 49,000 shares to 333,966 shares, valued at $10.46 million in 2017Q4, according to the filing. Dupont Capital Management Corp has cut its stake in Priceline Group Inc/The (NASDAQ:PCLN) and also reduced its holding in Ishares Msci Emerging Markets (EEM) by 116,203 shares in the quarter, for a total of 485,083 shares. Selway Asset Management sold 12,950 shares as Cisco Systems Inc (CSCO)'s stock rose 10.71%. (NASDAQ:CSCO), 26 have Buy rating, 0 Sell and 12 Hold. Therefore 57% are positive.

For the current Fiscal Quarter, 26 analysts on average are expecting earnings of $0.59 per share. Finally, Parametric Portfolio Associates LLC increased its stake in shares of Cisco Systems by 36.1% during the 2nd quarter. (NASDAQ:IMMU) we have recorded the stock price at $16.24. The rating was upgraded by Bank of America on Friday, January 5 to "Buy". Piperjaffray maintained it with "Overweight" rating and $34 target in Thursday, August 18 report. The firm has "Equal-Weight" rating by Morgan Stanley given on Tuesday, March 21. Cisco Systems Inc now has $208.74B valuation. BMO Capital Markets maintained the stock with "Hold" rating in Wednesday, June 28 report. (NasdaqGS:CSCO) is 14.262823. This ratio is calculated by dividing the market value of a company by cash from operating activities. The firm earned "Buy" rating on Thursday, February 15 by Wells Fargo.

The company's ATR (Average True Range) is 1.13. It also increased its holding in At&T Inc (NYSE:T) by 8,307 shares in the quarter, for a total of 203,075 shares, and has risen its stake in Spirit Aerosystems (NYSE:SPR). (The Scale is from 1-5 where 1 means Strong Buy and 5 means Strong Sell). Therefore 67% are positive. HDFC Bank Limited had 5 analyst reports since August 27, 2015 according to SRatingsIntel. The rating was upgraded by RBC Capital Markets on Tuesday, September 13 to "Sector Perform". (NASDAQ:CSCO) for 73,924 shs. This average rating is provided by Zacks Research. The stock of Chevron Corporation (NYSE:CVX) earned "Buy" rating by Argus Research on Wednesday, December 16.

Related News:

Most liked

Man City win EPL title after West Brom stun United
Guardiola said on Saturday that he would play golf, rather than watch the United game. West Brom have been submerged in the relegation quicksands since December.

VAR awards penalty during half time of Bundesliga match
De Blasis eventually added a second goal for the hosts late in the game following a mistake by Freiburg keeper Alexander Schwolow. In this case you've got a couple thousand fans off to the bar and they come back thinking it is 0-0.

Trump lawyer Cohen denies media report of Prague trip
Trump said he was unaware of the payment and the White House had said Trump denies that the one-time sexual encounter took place. Mueller's team recently told Trump's lawyers that he is a subject of the investigation, but not a criminal target.

Weather forecast set to improve in 2018
As the storm exits Friday, temperatures will drop below average Friday afternoon before rebounding over the weekend. At this rate, we should have readings in the upper 30s and low 40s by midnight.

Deadline To Register To Vote Approaching Quickly
Changes in party affiliation for the 2018 Primary Election were due by December 31, 2017. This deadline is also in place for voters who need to change their information.

Eminem Brought His Mom's Spaghetti to Coachella
After Bebe Rexha came out to sing on "The Monster" a song or two later, Dr. Then, Eminem upped things even further by bringing out his own mentor, Dr.

Trump 'morally unfit' for office - Comey
It's certainly some evidence of obstruction of justice ". "I think he's morally unfit to be president", Mr Comey replied. Trump calls people names - Lyin' Comey comes to mind- but Comey's not above needling the president where it hurts.

Glg LLC Holds Holding in Apple INC (AAPL)
As per Monday, October 10, the company rating was maintained by Jefferies. (NASDAQ:CNSL) on Friday , March 2 with "Hold" rating. The firm has "Overweight" rating by Piper Jaffray given on Wednesday, April 27. (NASDAQ:AAPL) rating on Tuesday, September 19.

Access granted for Irish beef to be exported to China
In China, annual per capita beef consumption is low at 4-6kg - compared to 19kg in Ireland. By 2020, it is estimated Chinese consumers will eat close to nine million tonnes of beef.

Press Council seeks report from West Bengal
The division bench also said that the single bench will conclude the hearing in the matter as expeditiously as possible. CPM's Rabin Deb and Congress state chief Adhir Chowdhury's petitions on the same were made party to the BJP petition.

Comey: Trump Is 'Morally Unfit to Be President'
On Sunday, Trump fired off several tweets slamming Comey before spending a few hours at his golf club in Northern Virginia. I don't remember consciously thinking about that, but it must have been.

Wedgewood Partners Inc. Purchases 285542 Shares of Celgene (CELG)
The stock of Celgene Corporation (NASDAQ: CELG ) has "Overweight" rating given on Friday, December 8 by Atlantic Securities. The active investment managers in our database now have: 561.38 million shares, down from 603.99 million shares in 2017Q3.

Pulitzer Prize awarded for Harvey Weinstein expose
The ties fuelled special counsel Robert Mueller's probe into alleged Russian attempts to influence the presidential election. The same week it celebrates its first birthday, Kendrick Lamar's DAMN . has just won a Pulitzer Prize .

Watch SpaceX launch an observatory to hunt alien planets
GREENFIELDBOYCE: She says they've got to start looking somewhere, and TESS will tell them where. The targets TESS finds are going to be fantastic subjects for research for decades to come.

Arab Summit Voices Unanimous Support for Morocco's 2026 World Cup Bid
Former Cameroon goalkeeper Joseph Antoine Bell said Morocco had all the ingredients of hosting another spectacular Fifa World Cup. Jordaan assured Morocco that he will personally lobby for Cosafa and the rest of the continent to rally behind the Moroccan bid.