Published: Tue, April 17, 2018
Finance | By Claude Patterson

Cisco Systems Inc (NASDAQ:CSCO) Sellers Increased By 21.28% Their Shorts


The institutional investor held 505,191 shares of the technology company at the end of 2017Q4, valued at $19.35M, up from 488,431 at the end of the previous reported quarter. The trading company has the Market Cap of $208791.23 (this value is in millions, otherwise mentioned), which is an indicator that can be used by the financial organization to rank the size of companies in the stock exchange market. The stock increased 0.88% or $0.95 during the last trading session, reaching $109.26. About 299,063 shares traded or 26.16% up from the average. HDFC Bank Limited (NYSE:HDB) has risen 30.17% since April 16, 2017 and is uptrending. It has outperformed by 57.63% the S&P500. Lathrop Investment Management Corp sold 8,635 shares as the company's stock rose 10.71% while stock markets declined. (NASDAQ:CSCO). Sei Invests Com reported 2.68M shares.

Cisco Systems, Inc. (NASDAQ:CSCO) stock slipped -$0.34 lower during the regular trading session on Friday, hitting $43.00. About 16.62M shares traded.

Cisco Systems Inc (NASDAQ:CSCO) had an increase of its shorted shares by 21.28%. It has outperformed by 14.02% the S&P500. Its down 0.08, from 0.94 in 2017Q3. (NASDAQ:CSCO) from a hold rating to a sell rating in a research note issued to investors on Wednesday morning. 145 funds acquired holdings and 589 increased holdings. Comerica Fincl Bank owns 2.33 million shares for 0.65% of their portfolio. Following the sale, the director now directly owns 74,479 shares in the company, valued at approximately $3,379,112.23. Stonehearth Cap Mgmt Ltd has 2,652 shares for 0.07% of their portfolio. 590,633 were accumulated by Cambridge Communication. New York State Common Retirement Fund holds 14.08 million shares or 0.65% of its portfolio. Hilton Capital Mgmt Ltd Llc has invested 0.06% in Cisco Systems, Inc. (NASDAQ:CSCO) to report earnings on May, 16. After $0.25 actual EPS reported by First Foundation Inc. for the previous quarter, Wall Street now forecasts 4.00% EPS growth. Appleton Prns Incorporated Ma invested 0.39% in Cisco Systems, Inc. Fisher Asset Management Limited Liability Corp invested in 16.69 million shares or 0.84% of the stock. Cs Mckee LP invested in 759,600 shares. Pennsylvania Trust holds 0.01% or 1,187 shares in its portfolio.

Jackson Wealth Management Llc increased its stake in Cisco Sys Inc (CSCO) by 7.66% based on its latest 2017Q4 regulatory filing with the SEC. At the moment, the 14-days ATR for Cisco Systems (NASDAQ: CSCO) is noted at 1.13. Ten analysts have rated the stock with a hold rating, twenty-five have given a buy rating and two have issued a strong buy rating to the stock. Therefore 68% are positive. The network equipment provider reported $0.63 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $0.59 by $0.04. (NASDAQ:CSCO) earned "Hold" rating by BMO Capital Markets on Thursday, March 22. The firm earned "Sell" rating on Wednesday, September 2 by Zacks. The rating was maintained by Wunderlich on Thursday, August 18 with "Hold". On Monday, February 12 the rating was maintained by Cowen & Co with "Buy".

NASDAQ:CSCO opened at $43.00 on Monday. The rating was maintained by Robert W. Baird with "Buy" on Thursday, August 17. The stock has "Sector Perform" rating by RBC Capital Markets on Friday, November 6. (NASDAQ:CSCO). 4,400 are owned by Rech & Mngmt. 12,126 Cisco Systems, Inc. The stock has "Buy" rating by Citigroup on Tuesday, February 13.

Since December 14, 2017, it had 0 insider purchases, and 5 sales for $10.28 million activity. Goeckeler David also sold $940,559 worth of Cisco Systems, Inc. The insider BARTZ CAROL sold $7.59M. Shares for $578,740 were sold by MCGEARY RODERICK C on Thursday, December 14. The insider BURNS M MICHELE sold $550,153. It also reduced its holding in Dowdupont Inc.by 7,040 shares in the quarter, leaving it with 98,755 shares, and cut its stake in Chubb Ltd. If a stock does not have good liquidity then it may take some time before a broker is able to negotiate a deal to buy or sell a stock and the broker may not be able to get the sell or buy price that the trader is looking for. Therefore 60% are positive. HDFC Bank Limited had 5 analyst reports since August 27, 2015 according to SRatingsIntel. Stifel Nicolaus has "Hold" rating and $34.0 target. The firm has "Hold" rating by J.P. Morgan given on Wednesday, August 16. The rating was maintained by Roth Capital with "Buy" on Wednesday, November 1. As per Friday, March 24, the company rating was maintained by RBC Capital Markets. The firm has "Overweight" rating given on Monday, October 30 by Capital One. Roth Capital maintained the stock with "Buy" rating in Monday, February 12 report. OTR Global downgraded the stock to "Mixed" rating in Monday, October 31 report. The stock of Rayonier Advanced Materials Inc.

Investors sentiment increased to 1.03 in Q4 2017. Its up 6.52, from 1.06 in 2017Q3. Pzena Investment Management LLC now owns 2,517,046 shares of the network equipment provider's stock worth $84,648,000 after buying an additional 10,265 shares during the last quarter. 45 funds opened positions while 152 raised stakes.

In the transaction dated December 19, 2017, the great number of shares disposed came courtesy the SVP & Chief of Operations; Jacoby Rebecca disposed a total of 75,021 shares at an average price of $38.42, amounting to approximately $2,882,307. Canada Pension Plan Board has 94,800 shares. Technical analysts believe that volume can serve as a warning signal as to whether a stock is on the verge of breaking into upside territory (high volume) or into a downside trend (low volume).

Investors sentiment decreased to 0.85 in 2017 Q4. (NYSE:NSP). Deutsche Comml Bank Ag owns 205,680 shares. Wolverine Asset Management Llc has 0.07% invested in Calpine Corporation (NYSE:CPN). (NYSE:NSP) for 37,434 shares. Baystate Wealth Ltd stated it has 0.01% of its portfolio in NVIDIA Corporation (NASDAQ:NVDA). Pictet North America Advsr Sa reported 81,370 shs or 0.48% of all its holdings. (NYSE:NSP) for 14,058 shares. Finepoint Capital Lp owns 913,000 shares or 8.93% of their USA portfolio.

Like this: