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Cisco reports strong earnings, boosting shares as Putney buys in and Shufro Rose trims holdings.
Putney Financial Group and other institutional investors have been actively trading shares of Cisco Systems.
Putney acquired 1,659 shares, while Shufro Rose & Co. LLC reduced its holdings by 23.3%.
Cisco reported strong quarterly earnings, with an EPS of $0.96, beating estimates.
The company has a market cap of $249.92 billion and a P/E ratio of 27.56.
Analysts have a "Moderate Buy" rating on the stock, with a target price of $68.00.
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Cisco reporta fuertes ganancias, aumentando las acciones a medida que Putney compra y Shufro Rose recorta las tenencias.