Cisco President Sells $799k Worth of Shares Amid Strong Financial Results
Cisco's President Jeetendra I. Patel sold $799,928 worth of shares on August 14, 2026, under a pre-arranged Rule 10b5-1 trading plan.
The sales occurred at prices ranging from $110.6415 to $113.51 per share, and were part of a larger deal that included 7,170 shares.
Patel's sale comes as Cisco shares trade at $112.90, up 74% over the past year but down nearly 8% in the past week.
Cisco recently reported strong financial results for the fourth quarter of fiscal 2026, with revenue surpassing consensus estimates by 2.5% and earnings per share exceeding expectations by over 4%.