Cisco Wins New Backer as Earnings Fuel Bullish Sentiment
SFE Investment Counsel acquired a new stake in Cisco Systems, Inc. during the second quarter, according to its Form 13F filing with the SEC.
The fund bought 53,581 shares of Cisco's stock valued at approximately $6.29 million.
This is not the only recent investment in Cisco; other hedge funds have also increased their positions in the company.