Tuszik Oliver, an insider at Cisco Systems Inc (CSCO), sold 215,833 shares of the company's stock on November 9, 2025, at a price of $71.07 per share. The total transaction value amounted to $15.34 million. Following this sale, Oliver retains 215,833 shares in Cisco.
This transaction highlights ongoing insider activity at the communications technology firm, which designs and manufactures Internet Protocol-based networking products. Cisco, headquartered in San Jose, California, operates across various segments, including networking, security, collaboration, and cloud services. The company has a market capitalization of $305.9 billion and reported a price-to-earnings ratio of 29.62.
Insider selling often occurs for various reasons, such as diversification or personal financial needs. While significant selling can attract attention, it does not inherently indicate negative sentiment towards the company. Investors should consider insider transactions in the context of broader market and company performance rather than in isolation.
Cisco is set to announce its next earnings on August 10, 2026, with estimated earnings per share of $1.08 and revenue of $15.7 billion.