Stocks
Tuszik Unloads Cisco Stock After Strong Q4 Report
Cisco EVP Oliver Tuszik recently exercised his Rule 10b5-1 trading plan, selling $74,922 worth of Cisco Systems Inc. (NASDAQ:CSCO) stock on September 14, 2026. The shares were sold at a price of $110.18 per share.
Tuszik's sale comes after the company reported strong fourth-quarter fiscal 2026 results, exceeding expectations in both revenue and earnings per share. Revenue surpassed consensus estimates by 2.5%, while earnings per share exceeded expectations by over 4%.
Several analyst firms have raised their price targets for Cisco following this performance. UBS increased its target to $138, highlighting the strong quarter and AI outlook. KeyBanc also raised its target to $135, citing the impressive financial performance.