Cisco Stock Dips on Insider Selling Amid AI Security Push
Cisco Systems Inc.'s stock price dipped by about 1.6% on September 14, 2026, closing at USD 110.38 on the Nasdaq after a day of insider selling activity.
Executive Vice President Thimaya K. Subaiya sold 312 shares at USD 110.18 per share for a total value of USD 34,376, while Executive Vice President and Chief Financial Officer Mark Patterson sold 1,795 shares on September 11, 2026 for proceeds of USD 195,421.
The recent insider selling comes as the stock stays near its 52-week highs. According to Yahoo Finance, Cisco Systems shares were trading about 1.5% lower at around USD 110.40 in a session that saw investors reacting to new Splunk-branded AI packages designed to monitor computing environments inside corporate networks.
The analyst sentiment remains constructive despite the recent pullback, with a consensus rating of Moderate Buy and an average price target of USD 129.68, which stands roughly 17.8% above the recent trading level cited.