Cisco Systems, Inc. Stock Price Could Go Up After Today’s Bullish Options Activity

 Cisco Systems, Inc. Stock Price Could Go Up After Today's Bullish Options Activity

In today’s session Cisco Systems, Inc. (CSCO) registered an unusually high (556) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the January, 2018 call, expecting serious CSCO increase. With 556 contracts traded and 125504 open interest for the Jan, 18 contract, it seems this is a quite bullish bet. The option with symbol: CSCO180119C00032000 closed last at: $1.6 or 10.3% up. About 2.60M shares traded hands. Cisco Systems, Inc. (NASDAQ:CSCO) has risen 5.17% since April 26, 2016 and is uptrending. It has underperformed by 0.09% the S&P500.

Analysts await Cisco Systems, Inc. (NASDAQ:CSCO) to report earnings on February, 15 after the close. They expect $0.50 EPS, down 5.66% or $0.03 from last year’s $0.53 per share. CSCO’s profit will be $2.50B for 14.95 P/E if the $0.50 EPS becomes a reality. After $0.55 actual EPS reported by Cisco Systems, Inc. for the previous quarter, Wall Street now forecasts -9.09% negative EPS growth.

Cisco Systems, Inc. (NASDAQ:CSCO) Ratings Coverage

Out of 30 analysts covering Cisco Systems Inc. (NASDAQ:CSCO), 18 rate it a “Buy”, 1 “Sell”, while 11 “Hold”. This means 60% are positive. Cisco Systems Inc. has been the topic of 64 analyst reports since August 4, 2015 according to StockzIntelligence Inc. BMO Capital Markets maintained Cisco Systems, Inc. (NASDAQ:CSCO) on Thursday, May 19 with “Outperform” rating. The rating was maintained by RBC Capital Markets with “Outperform” on Friday, November 13. The rating was maintained by JMP Securities with “Market Perform” on Thursday, August 18. The rating was maintained by Deutsche Bank on Thursday, February 11 with “Buy”. As per Wednesday, September 14, the company rating was maintained by Deutsche Bank. The firm has “Buy” rating by Zacks given on Tuesday, August 4. Citigroup maintained Cisco Systems, Inc. (NASDAQ:CSCO) on Thursday, August 18 with “Buy” rating. The stock of Cisco Systems, Inc. (NASDAQ:CSCO) has “Buy” rating given on Thursday, August 13 by Piper Jaffray. Oppenheimer maintained the stock with “Outperform” rating in Friday, February 12 report. Jefferies maintained the stock with “Buy” rating in Wednesday, August 17 report.

According to Zacks Investment Research, “Cisco Systems, Inc. is the worldwide leader in networking for the Internet. Cisco’s Internet Protocol-based networking solutions are the foundation of the Internet and most corporate, education, and government networks around the world. Cisco provides the broadest line of solutions for transporting data, voice and video within buildings, across campuses, or around the world.”

Insitutional Activity: The institutional sentiment is 1.09 in Q2 2016. Its the same as in 2016Q1. The ratio is flat, as 63 funds sold all Cisco Systems, Inc. shares owned while 598 reduced positions. only 69 funds bought stakes while 652 increased positions. They now own 3.58 billion shares or 4.03% less from 3.73 billion shares in 2016Q1.
General Amer last reported 1.04 million shares in the company. S&Co holds 0.98% or 221,582 shares in its portfolio. Sterneck Mgmt Ltd Liability reported 33,013 shares or 0.63% of all its holdings. Duncker Streett & holds 0.5% of its portfolio in Cisco Systems, Inc. (NASDAQ:CSCO) for 49,115 shares. London Of Virginia last reported 7.31 million shares in the company. Janney Montgomery Scott Limited Liability Com has 660,952 shares for 0.28% of their US portfolio. Moreover, Greystone Management Lc has 0.2% invested in Cisco Systems, Inc. (NASDAQ:CSCO) for 15,370 shares. Fishman Jay A Limited Mi, a Michigan-based fund reported 57,075 shares. First Western Cap Mgmt last reported 0.59% of its portfolio in the stock. Teachers Ins & Annuity Association Of America reported 362,800 shares or 0.46% of all its holdings. Capital Guardian Tru holds 0.39% of its portfolio in Cisco Systems, Inc. (NASDAQ:CSCO) for 1.76 million shares. Beacon Fin Gru last reported 26,176 shares in the company. Old Second Savings Bank Of Aurora last reported 1.22% of its portfolio in the stock. Ibm Retirement Fund accumulated 0.7% or 661,563 shares. Royal Bancorporation Of Scotland Group Public Ltd Liability Corporation reported 269,138 shares or 1.95% of all its holdings.

Insider Transactions: Since June 1, 2016, the stock had 0 buys, and 16 insider sales for $39.54 million net activity. Walker Karen had sold 19,504 shares worth $605,330. CHAMBERS JOHN T sold 250,000 shares worth $7.43M. 90,000 shares with value of $2.61 million were sold by Jacoby Rebecca on Wednesday, June 1. $463,655 worth of Cisco Systems, Inc. (NASDAQ:CSCO) was sold by MCGEARY RODERICK C on Tuesday, August 23. 60,000 shares with value of $1.85 million were sold by Dedicoat Chris on Friday, September 16. $1.98 million worth of Cisco Systems, Inc. (NASDAQ:CSCO) shares were sold by CHANDLER MARK D. BHATT PRAT sold 25,706 shares worth $797,480.

Cisco Systems, Inc. designs and sells a range of products, provides services and delivers integrated solutions to develop and connect networks around the world. The company has a market cap of $149.22 billion. The Firm operates through three geographic divisions: Americas; Europe, the Middle East and Africa , and Asia Pacific, Japan and China (APJC). It has a 14.27 P/E ratio. The Firm groups its products and technologies into various categories, such as Switching; Next-Generation Network (NGN) Routing; Collaboration; Data Center; Wireless; Service Provider Video; Security, and Other Products.

CSCO Company Profile

Cisco Systems, Inc. (Cisco), incorporated on December 10, 1984, creates and sells a range of products, provides services and delivers integrated solutions to develop and connect networks around the world. The Firm operates through three geographic divisions: Americas; Europe, the Middle East, and Africa (EMEA), and Asia Pacific, Japan and China (APJC). The Firm groups its products and technologies into the various categories, such as Switching; Next-Generation Network (NGN) Routing; Collaboration; Data Center; Wireless; Service Provider Video; Security, and Other Products. In addition to its product offerings, the Company provides a range of service offerings, including technical support services and advanced services. The Firm delivers its technology and services to its clients as solutions for their priorities, including cloud, video, mobility, security, collaboration and analytics. The Firm helps its clients build networks and automate, orchestrate, integrate and digitize information technology (IT) services and products. It serves customers, including businesses of all sizes, public institutions, governments and service providers.

More important recent Cisco Systems, Inc. (NASDAQ:CSCO) news were published by: Profitconfidential.com which released: “Cisco Systems, Inc.: This Trigger Could Send CSCO Stock Soaring” on November 19, 2016, also Investorplace.com published article titled: “Cisco Systems, Inc. (CSCO) Stock Is Screeching to a Halt”, Investorplace.com published: “2 Post-Trump Trades for Cisco Systems, Inc. (CSCO) Earnings” on November 15, 2016. More interesting news about Cisco Systems, Inc. (NASDAQ:CSCO) was released by: Profitconfidential.com and their article: “Cisco Systems, Inc.: CSCO Stock Is Setting up to Test Price Support” with publication date: November 06, 2016.

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