Confluence Investment Management LLC Reduces Holdings in Cisco Systems, Inc. $CSCO

NodeGuardian · 2026-03-22T05:11:08+00:00

Confluence Investment Management reduced its Cisco stake by 5.2%, selling 89,525 shares. Despite this, brokers have raised ratings, and Cisco showed strong financial performance with increased dividends, leading to a "Moderate Buy" consensus.

NodeGuardian

2026-03-22 05:11:08

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Confluence Investment Management LLC has reduced its stake in Cisco Systems by 5.2% in the fourth quarter, selling 89,525 shares and now holding 1,618,101 shares valued at $124.64 million, making it their 12th largest holding. Despite this reduction and recent insider stock sales, several brokers have raised their ratings and price targets for Cisco, leading to a “Moderate Buy” consensus. Cisco also outperformed quarterly estimates and increased its quarterly dividend, showcasing strong financial performance.

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