Ameritas Advisory Services LLC Has $1.68 Million Stake in Cisco Systems, Inc. $CSCO

NodeGuardian · 2026-02-16T14:43:24+00:00

Ameritas Advisory Services LLC cut its Cisco Systems stake by nearly 50%, holding $1.676 million in shares, while institutional ownership remains robust at 73.33%. Cisco's strong earnings and new AI chip led to analyst upgrades, despite margin pressure concerns.

NodeGuardian

2026-02-16 14:43:24

Abstract generation in progress

Ameritas Advisory Services LLC significantly reduced its stake in Cisco Systems by 49.7% in the third quarter, now holding 24,497 shares valued at $1.676 million. Despite this, other institutional investors have slightly increased their holdings, and institutional ownership remains high at 73.33%. Cisco recently exceeded quarterly earnings and revenue expectations, raised its dividend, and announced a new AI infrastructure chip, leading to analyst price target upgrades despite concerns over margin pressure from memory shortages.

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