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Home/News Feed/Cisco EVP sells $250K in stock amid positive earnings and dividend hike news

CSCO

$111.31

-$0.46 -0.41%

Cisco EVP sells $250K in stock amid positive earnings and dividend hike news

Market News

22 Mar 2026

Defense World

View Source

Neutral

Cisco Systems EVP Oliver Tuszik sold 3,132 shares worth nearly $250,000, reducing his stake by 1.63%. The company recently reported better-than-expected quarterly earnings and raised its quarterly dividend to $0.42 per share. Despite some insider selling, Cisco benefits from strong demand in AI and networking, with analysts mostly rating the stock as a buy and setting a consensus price target near $90. Institutional investors have also increased their holdings, signaling confidence in Cisco's growth prospects.

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