Learn languages naturally with fresh, real content!

tap to translate recording

Explore By Region

flag Sei Investments bought more Cisco shares after strong earnings, boosting its stake to $183 million.

flag Sei Investments Co. acquired 182,960 shares of Cisco Systems, increasing its stake to 2.68 million shares, or about 0.07% of the company, valued at $183.26 million, according to an SEC filing. flag The purchase followed Cisco’s strong Q4 earnings, with $1.04 EPS and $15.35 billion in revenue, up 9.7% year-over-year, and a raised AI order forecast exceeding $5 billion. flag Despite beating expectations, shares declined post-earnings, possibly due to margin concerns and insider sales. flag Cisco raised its quarterly dividend to $0.42, yielding 2.2%, and maintains a strong financial profile with a $307.06 billion market cap and a 73.33% institutional ownership rate. flag Analysts hold a “Moderate Buy” consensus with a target price of $89.55.

10 Articles