Large Outflow of Money Witnessed in Cisco Systems

Cisco Systems (NASDAQ:CSCO) During the most recent session, the shares traded at 0.06 points or 0.19% higher at $29.09. The money flow data is unimpressive with the net money flow value of $(-13.1) million. As per the intraday data, the upticks measured $15.6 million and the downticks measured $28.7 million. As a result, the up/down ratio registered a value of 0.54. The shares have seen -0.15% price change for the week.A block trade also made an entry with $0 million flowing in through upticks while $12.1 million flew out through downticks. The block tradeoff had the up/down ratio of 0. The net money flow for this big transaction was $(-12.1) million.


Currently the company Insiders own 0.13% of Cisco Systems shares according to the proxy statements. In the past twelve weeks, the net percent change held by company insiders has changed by -13.5% . Institutional Investors own 75.87% of Cisco Systems shares. During last six month period, the net percent change held by insiders has seen a change of -18.49%. On the companys insider trading activities, The officer (SVP & Chief of Operations), of Cisco Systems, Inc., Jacoby Rebecca had unloaded 90,000 shares at $28.97 per share in a transaction on June 1, 2016. The total value of transaction was $2,607,300. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.

Cisco Systems (NASDAQ:CSCO) stock ended Monday session in the red zone in a volatile trading. The stock closed down 0.19 points or 0.65% at $28.84 with 17,181,950 shares getting traded. Post opening the session at $28.97, the shares hit an intraday low of $28.82 and an intraday high of $29.19 and the price was in this range throughout the day. The company has a market cap of $145,057 million and the number of outstanding shares have been calculated to be 5,029,712,000 shares. The 52-week high of Cisco Systems (NASDAQ:CSCO) is $29.49 and the 52-week low is $22.46.

Many analysts have stated their opinion on the company shares. Major Brokerage house, Barclays maintains its ratings on Cisco Systems (NASDAQ:CSCO). In the latest research report, Barclays raises the target price from $29 per share to $31 per share. According to the latest information available, the shares are now rated Overweight by the analysts at the agency. The rating by the firm was issued on May 19, 2016.

Cisco System, Inc. (Cisco) designs and sells lines of products, provides services and delivers integrated solutions to develop and connect networks around the world, building the Internet. The Company is engaged in designing, manufacturing and selling Internet Protocol (IP)-based networking and other products related to the communications and information technology (IT) industry, and provides services associated with these products and their use. The Company operates its business through three segments: The Americas; Europe, Middle East, and Africa (EMEA), and Asia Pacific, Japan, and China (APJC). It groups its products and technologies into the various categories, such as Switching, Next-Generation Network (NGN) Routing, Collaboration, Service Provider Video, Data Center, Wireless, Security, and Other Products. In addition to its product offerings, it provides a range of service offerings, including technical support services and advanced services.

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