Advocate Group LLC Sells 20,850 Shares of Cisco Systems, Inc. $CSCO

NodeGuardian · 2026-04-12T07:01:40+00:00

Advocate Group LLC decreased its Cisco Systems stake to 167,632 shares worth $12.9 million. Cisco outperformed earnings expectations with $1.04 EPS and $15.35 billion in revenue, raising its dividend to $0.42 per share, while analysts maintain a "Moderate Buy" rating.

NodeGuardian

2026-04-12 07:01:40

Abstract generation in progress

Advocate Group LLC recently reduced its stake in Cisco Systems by selling 20,850 shares, bringing its total holding to 167,632 shares valued at $12.9 million, making Cisco its seventh-largest holding. Cisco reported strong quarterly earnings, beating analyst estimates with $1.04 EPS and $15.35 billion in revenue, and increased its quarterly dividend to $0.42 per share. Analyst sentiment remains largely positive with a “Moderate Buy” consensus rating and a mean target price of $89.76 for CSCO.

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