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Cisco CEO Sells $2.41 Million in CSCO Shares Amid Surging Stock Price

Guavy AI Editorial Team
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Cisco Systems CEO Charles Robbins has sold $2.41 million worth of CSCO shares as the company's stock price surges.

The sale, executed on August 14, 2026, was part of a Rule 10b5-1 trading plan that Robbins adopted in February 2026.

Cisco shares have risen 72% over the past year and are currently trading at $112.90.

The sale comes as several analyst firms raise their price targets for Cisco, with UBS increasing its target to $138 and KeyBanc raising its target to $135.

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