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Greystone Financial Group LLC Sells 15,977 Shares of Cisco Systems, Inc. $CSCO
Greystone Financial Group LLC reduced its stake in Cisco Systems, Inc. by 12.8% in Q4, selling 15,977 shares, though its remaining holdings are still valued at $8.41 million. Company insiders, including EVP Deborah Stahlkopf and Jeetendra Patel, have also recently sold a total of 46,431 shares. Cisco reported a Q1 earnings beat, an increase in its quarterly dividend to $0.42 per share, and holds a “Moderate Buy” consensus rating with an average target price of $89.81 from analysts.