Cisco Systems Loses 82% of Palouse Capital's Stake

Palouse Capital Management Inc. reduced its stake in Cisco Systems by 82% in Q2, selling 27,697 shares of the network equipment provider's stock, according to a recent SEC filing.

The institutional investor now owns 6,053 shares of Cisco Systems' stock worth $711,000 as of its most recent filing with the Securities & Exchange Commission.

This is not an isolated instance; other large investors have also made significant changes to their positions in Cisco Systems.