PFG Advisors Has $1.96 Million Position in Cisco Systems, Inc. $CSCO

PFG Advisors significantly reduced its stake in Cisco Systems by 36.6% in the fourth quarter, selling over 14,000 shares but still holding 25,478 shares valued at approximately $1.96 million. Despite this, other institutional investors increased their positions in Cisco, which largely beat its Q4 earnings estimates, increased its quarterly dividend, and is currently trading near a 52-week high. Analysts generally rate Cisco as a “Moderate Buy” with potential upside due to AI and networking tailwinds.

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