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Insider Selling: Cisco Systems (NASDAQ:CSCO) EVP Sells $134,410.08 in Stock
Cisco Systems EVP Thimaya Subaiya sold 1,744 shares of CSCO stock worth $134,410.08, reducing her stake by 1.10%. This insider sale follows Cisco’s strong Q2 performance, which exceeded earnings and revenue estimates and highlighted significant AI momentum. The company also announced a dividend increase to $0.42 per share, and analysts maintain a “Moderate Buy” consensus rating for the stock.