Pacific Sage Partners Invests Heavily in Cisco Systems Amidst Revenue Growth

Pacific Sage Partners LLC has invested in Cisco Systems, Inc. (NASDAQ:CSCO) by purchasing 15,880 shares of the network equipment provider's stock in its most recent 13F filing with the Securities and Exchange Commission.

The institutional investor bought these shares during the second quarter, valuing them at approximately $1,865,000.

This is not an isolated investment; several other hedge funds have also made changes to their positions in CSCO. World Investment Advisors increased its position by 15.4% in the fourth quarter and now owns 198,549 shares of Cisco Systems' stock valued at $13,905,000 after purchasing an additional 26,455 shares.

Cisco Systems has seen a significant increase in revenue, with fiscal Q4 revenue reaching approximately $17.3 billion, up 18% year over year. The company's adjusted EPS for the quarter was $1.22, exceeding analyst estimates of $1.17.