Tributary Capital Management LLC has recently acquired new shares of Cisco Systems, Inc., adding to the list of several other big investors who have bought and sold shares in the company. The CEO, Charles Robbins, has also been selling shares, with the latest transaction totaling over $1.2 million. Cisco Systems has a market capitalization of $190.48 billion and recently posted quarterly results that beat analyst estimates. The company also announced a quarterly dividend, showing confidence in its financial stability. Wall Street analysts have provided various ratings on the company’s stock, with an average rating of “Hold” and a consensus target price of $56.47. Cisco Systems continues to be a key player in the communications and information technology industries, offering a range of networking and related products worldwide. Investors and analysts are keeping a close eye on the company’s performance and growth potential in the market.
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https://www.defenseworld.net/2024/07/03/1095-shares-in-cisco-systems-inc-nasdaqcsco-acquired-by-tributary-capital-management-llc.html
