Waverly Advisors 13F: Adds $833K to Cisco Systems (CSCO) Stake

Waverly Advisors Expands Cisco Position

Waverly Advisors lifted its holdings in Cisco Systems, Inc. CSCO on NasdaqGS during the reporting period, according to a Form 13F filed with the SEC. The firm bought an additional 7,088 shares, representing a 1.7% increase from the prior quarter. That brought its total stake to 426,870 shares. Based on market prices, the investment carried an estimated value of $50.14 million. This filing reflects holdings as of that past date and may not represent the investor's current position.

Cisco Stock Treads Above Moving Averages

Cisco shares trade around $117.46, resting comfortably above the 200-day moving average of $99.40 and well within the 52-week range spanning from $68.95 to $130.37. The communication equipment company commands a market capitalization of $433.09 billion with a trailing P/E ratio of 32.99. These valuation metrics arrive as the technology company prepares for its next quarterly earnings report scheduled for November 12, 2026.

Insider Buying and Selling at Cisco Systems, Inc.

Company insiders were active in mid-June, picking up shares on the open market. On June 15, 2026, Marianna Tessel bought 251 shares at an average price of $120.17 for a total of $30,162.67. On the same day, Kristina Johnson acquired 351 shares at the same price of $120.17, spending $42,179.67. Kevin Weil also purchased 251 shares at $120.17, bringing his total outlay to $30,162.67. None of these transactions were carried out under pre-arranged Rule 10b5-1 trading plans.

Wall Street Analysts Adjust Targets

Analyst firms have continued updating their outlooks for the technology company through the late summer and early autumn. On September 30, 2026, Bernstein initiated coverage on the stock with a market perform rating and a $110 price target. Earlier on September 22, 2026, Piper Sandler maintained its neutral rating while lowering its target from $132 to $125. Deutsche Bank initiated a buy rating with a $135 price target on September 1, 2026. Back on August 14, 2026, HSBC issued a downgrade to a hold rating and a $120 target. Meanwhile, UBS, Truist Securities, Barclays, and Wells Fargo all issued rating updates or maintained previous stances during August, setting targets ranging between $123 and $150.

What Cisco Systems Does

Headquartered in San Jose, California, Cisco Systems designs and sells internet infrastructure, networking hardware, security solutions, and collaboration tools like the Webex suite. The firm serves corporate enterprises, governments, and service providers worldwide, maintaining a major footprint in digital connectivity and communication tech.

Looking Ahead at Filings and Earnings

Investors tracking Waverly Advisors will need to wait for subsequent quarterly disclosures to see whether the firm builds further upon its Cisco holding. Meanwhile, the broader market awaits the company's financial results later in the year. Remember that 13F filings look backward at past quarters and do not capture daily trading activity.