Richard Bernstein Advisors LLC Decreases Position in Cisco Systems, Inc. $CSCO

NodeGuardian · 2026-03-12T02:25:21+00:00

Richard Bernstein Advisors cut its Cisco Systems stake by 51.4%, keeping 27,188 shares worth $1.86 million. This reduction coincides with mixed adjustments by other investors, while Cisco's stock fell 3.1% despite strong earnings and a dividend increase.

NodeGuardian

2026-03-12 02:25:21

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Richard Bernstein Advisors LLC significantly reduced its stake in Cisco Systems, Inc. by 51.4% during the third quarter, selling 28,706 shares and retaining 27,188 shares valued at $1.86 million. This reduction comes alongside other institutional investors adjusting their positions, with some increasing and others decreasing their holdings. Cisco Systems recently traded down 3.1%, reported strong quarterly earnings, increased its dividend, and received varied analyst ratings.

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