Cisco Executive Sells Off Shares Amid Overvaluation Concerns
Cisco Executive Vice President of Operations Thimaya K. Subaiya has sold off a significant portion of his company's shares in recent days, according to filings with InvestingPro.
On September 14, 2026, Subaiya sold 312 shares of Cisco Systems Inc. common stock at $110.18 per share for a total of $34,376. This sale was made under a Rule 10b5-1 trading plan that he adopted on March 17, 2026.
Separately, on September 10, Subaiya disposed of 409.035 shares to cover tax liabilities from the partial settlement of a restricted stock unit award. These shares were valued at $44,760 at a price of $109.43 per share.
Cisco has seen significant growth in recent years, with its shares surging roughly 68% over the past year and currently trading at $110.06. However, according to InvestingPro analysis, the stock appears overvalued relative to its Fair Value.