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Maria Wong sells shares at Cisco Systems Inc as an insider.

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TLDR:

Key Points:

  • Maria Wong, the Senior Vice President & Chief Accounting Officer of Cisco Systems Inc, sold 2,497 shares of the company on March 13, 2024.
  • The transaction was executed at an average price of $50 per share, totaling $124,850.

Insider Sell: SVP & Chief Accounting Officer Maria Wong Sells Shares of Cisco Systems Inc (CSCO)

In a recent SEC filing, Maria Wong, the Senior Vice President & Chief Accounting Officer of Cisco Systems Inc, sold 2,497 shares of the company on March 13, 2024, at an average price of $50 per share, resulting in a total value of $124,850. This is part of a pattern of insider selling for Cisco Systems Inc, with 39 insider sells and no insider buys over the past year.

Despite the insider selling, the stock price-earnings ratio of Cisco Systems Inc was reported at 15.13, which is below both the industry median and the company’s historical median price-earnings ratio. Additionally, with the stock trading at $50 and a GuruFocus value of $53.76, the stock is considered Fairly Valued according to the GF Value metric.

It is important to note that the article provides general insights and is not tailored financial advice. The analysis is based on historical data and analyst projections, and does not serve as specific investment guidance. The aim is to deliver fundamental data-driven analysis for informational purposes.


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