Large Outflow of Money Witnessed in Cisco Systems, Inc.

Cisco Systems, Inc. (CSCO) managed to stay afloat and traded higher with an addition of 0.04 point or 0.11% at $30.76. The money flow data is a negative $(-11.52) million with $1.83 million in upticks and $13.35 million in downticks. The intraday up/down ratio came in at 0.14. The shares has seen -0.73% change for the week in its share price.From the data available, it was found that a block transaction occurred during the course of trading. For it, the aggregated worth of the upticks was $0 million and the combined worth of the downticks was $11.72, Million, leading to the up/down ratio of 0. The block trade saw a net money flow of $(-11.72) million.Block trades are executed by Investment Banking firms or Wealth Managers shifting positions or Day traders taking advantage of trading signals.

Cisco Systems, Inc. has dropped 0.65% in the last five trading days, however, the shares have posted positive gains of 1.79% in the last 4 weeks. Cisco Systems, Inc. is up 0.27% in the last 3-month period. Year-to-Date the stock performance stands at 1.79%. Cisco Systems, Inc. (NASDAQ:CSCO) witnessed a decline in the market cap on Wednesday as its shares dropped 0.72% or 0.22 points. After the session commenced at $30.847, the stock reached the higher end at $30.847 while it hit a low of $30.42. With the volume soaring to 19,504,565 shares, the last trade was called at $30.5. The company has a 52-week high of $31.95. The company has a market cap of $153,103 million and there are 5,019,758,900 shares in outstanding. The 52-week low of the share price is $22.46.

Company has reported several Insider transactions to the SEC, on Dec 23, 2016, Karen Walker (SVP & Chief Marketing Officer) sold 1,793 shares at 30.41 per share price.On Nov 28, 2016, John T Chambers (Executive Chairman) sold 250,000 shares at 29.72 per share price.On Nov 9, 2016, Brian Halla (director) sold 15,000 shares at 31.00 per share price.

Cisco Systems Last issued its quarterly earnings results on Nov 16, 2016. The company reported $0.61 EPS for the quarter, beating the analyst consensus estimate by $ 0.02. Analyst had a consensus of $0.59. The company had revenue of $12352.00 million for the quarter, compared to analysts expectations of $12331.53 million. The companys revenue was down -2.6 % compared to the same quarter last year.During the same quarter in the previous year, the company posted $0.59 EPS.

Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Cisco Systems was Resumed by Stifel on Nov 18, 2016 to Hold, Price Target of the shares are set at $34.

Cisco Systems, Inc. is the worldwide leader in networking for the Internet. Ciscos 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.


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