Insider Cluster (3 insiders) ·Filed Mar 17, 2026

CSCO

CISCO SYSTEMS, INC.
NEUTRAL
Impact 4/10
Horizondays Processed6mo ago
Insider cluster: 3 insiders, $1.1M total
Actionable Insight • Neutral

Monitor upcoming Form 4 filings to see if these sales are part of ongoing 10b5-1 plans or if they accelerate. No immediate concern, but continued C-suite selling could shift sentiment if volume grows.

DirectionNeutral
Confidencehigh
Horizondays
Final — all horizons settled through T+60d
CSCO ▲ +51.82% at T+60d
NEUTRAL call ✓ call won +51.82% · α vs SPY +41.96% · entry $79.28 → $120.36
Entry anchored
Mar 16, 03:59 PM ET
via exchange tick
T+1d
-2.11%
call -2.11% · α -0.71%
$77.61
settled 7mo ago
T+5d
+2.02%
call +2.02% · α +4.67%
$80.88
settled 6mo ago
T+20d
+3.89%
call +3.89% · α -0.41%
$82.36
settled 6mo ago
T+60d
+51.82%
call +51.82% · α +41.96%
$120.36
settled 4mo ago

Price Chart

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Executive Summary

Three Cisco executives — the CFO, EVP of Global Sales, and Chief Legal Officer — sold shares in open-market transactions over a 4-day period, realizing a combined $1.07 million in proceeds. These were routine, pre-announced sales under Rule 10b5-1 plans and not indicative of coordinated negative sentiment.

Key Financial Metrics

Direction
selling
Total Value
$1.1M
Insiders
3

Key Facts

  • CFO Mark Patterson sold 2,391 shares for $185,727 at $77.68/share on March 20, 2026
  • EVP Oliver Tuszik sold 3,132 shares for $249,746 at $79.74/share on March 18, 2026
  • Chief Legal Officer Deborah Stahlkopf sold 7,981 shares for $634,513 at $79.50/share on March 17, 2026
  • Total open-market sales: $1,069,986 across three C-suite executives
  • All transactions were open-market sales (Form 4 code 'S'), likely under pre-arranged 10b5-1 plans

Financial Impact

$1.07 million in total insider sales, representing 0.00035% of Cisco's $306.7B market cap

insider ownershipshare count

Risk Factors

  • Perception risk if media or investors misinterpret routine sales as lack of confidence
  • Potential for increased scrutiny if sales continue ahead of earnings or strategic announcements

Market Snapshot

Price
$78.82
Volume
200
Exchange
Nasdaq
Analyst Consensus
71% bullish (31 analysts)

Investment Themes

Software & IT

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CONTEXT: Insider Cluster Data (3 trades, 7d window)cluster-CSCO-1774297738359
30 reports for CSCO
Performance horizon
33% Hit rate 3 of 9 directional calls best @ T+20▲ +33.58%Apr 29, 2026
Filters
Rows
Reports for CSCO — sortable, filterable
TypeNow
Sep 30, 2026
2d ago
ANALYST-UPGRADE
BULLISH ★ 4/10
$107.63 $108.76▲ +1.05%▲ +0.87%$109.44 (+1.68%)
Sep 14, 2026
17d ago
Insider Cluster
NEUTRAL ★ 2/10
$110.07 $107.74▼ −2.12%▼ −1.68%$109.44 (−0.57%)
Sep 14, 2026
17d ago
Insider Cluster
NEUTRAL ★ 3/10
$110.07 $107.74▼ −2.12%▼ −1.68%$109.44 (−0.57%)
Sep 1, 2026
4w ago
ANALYST-UPGRADE
BULLISH ★ 4/10
$109.74 $109.46▼ −0.26%▼ −0.70%$109.44 (−0.27%)
Aug 26, 2026
5w ago
Court Ruling
NEUTRAL ★ 2/10
$112.36 $112.15▼ −0.19%▼ −0.84%$109.44 (−2.60%)
Aug 20, 2026
6w ago
Insider Cluster
NEUTRAL ★ 2/10
$109.59 $111.04▲ +1.32%▲ +0.91%$109.44 (−0.14%)
Aug 18, 2026
6w ago
Court Ruling
NEUTRAL ★ 2/10
$111.61 $110.55▼ −0.95%▼ −1.16%$109.44 (−1.94%)
Aug 18, 2026
6w ago
Court Ruling
NEUTRAL ★ 2/10
$111.61 $110.55▼ −0.95%▼ −1.16%$109.44 (−1.94%)
Aug 17, 2026
6w ago
Insider Cluster
NEUTRAL ★ 3/10
$111.61 $110.55▼ −0.95%▼ −1.16%$109.44 (−1.94%)
Aug 17, 2026
6w ago
Insider Cluster
NEUTRAL ★ 3/10
$111.61 $110.55▼ −0.95%▼ −1.16%$109.44 (−1.94%)
Showing 10 of 30

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Report published Mar 23, 2026