Moran Wealth Management Reduces Cisco Systems Stake

Institutional investor trims position in network equipment giant

Apr. 18, 2026 at 11:25am

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An extreme close-up of various Cisco networking hardware components, including circuit boards, ports, and cooling fans, conveying the complex, industrial nature of the company's core technology.Cisco's networking equipment remains a critical backbone of modern enterprise and service provider infrastructure.San Jose Today

Moran Wealth Management LLC reduced its stake in Cisco Systems, Inc. (NASDAQ:CSCO) by 6.2% during the fourth quarter, according to a recent 13F filing with the Securities and Exchange Commission. The fund now owns 274,480 shares of the network equipment provider's stock, valued at $21.14 million.

Why it matters

Cisco Systems is a bellwether technology stock, and changes in institutional ownership can signal broader market trends or shifts in investor sentiment around the company's performance and future prospects.

The details

Moran Wealth Management's reduced position in Cisco Systems came as the company's stock price rose over 15% in the fourth quarter of 2022. The fund sold 18,001 shares during the period. Cisco has seen increased institutional interest in recent quarters as the company has expanded its software and subscription offerings to complement its core networking hardware business.

  • Moran Wealth Management filed its 13F report for the fourth quarter of 2022 on April 18, 2026.
  • Cisco Systems' stock price rose over 15% in the fourth quarter of 2022.

The players

Moran Wealth Management LLC

A registered investment advisory firm that manages over $21 billion in client assets.

Cisco Systems, Inc.

A global technology company that designs, manufactures, and sells networking hardware, software, and telecommunications equipment.

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The takeaway

Moran Wealth Management's reduced stake in Cisco Systems reflects the broader trend of institutional investors closely monitoring technology companies' ability to adapt their business models and product offerings to changing market dynamics.