Stocks
Cisco Stock Dives 3.9% Amid Insider Selling and Profit-Taking
Cisco Systems has seen its stock price drop by 3.9% on September 22, 2026.
The decline appears to be linked to recent insider selling and profit-taking following a strong run in August.
Cisco reported revenue of about $17.3 billion, up 18% year over year, with non-GAAP EPS of $1.22 and fiscal 2027 guidance that pointed to continued growth in its August earnings release.
Recent SEC Form 4 filings showed executive sales, including CFO Mark Patterson selling 1,795 shares on September 11 under a Rule 10b5-1 plan and Global Sales EVP Oliver Tuszik selling 680 shares on September 14 under a similar plan.