BlackRock's position in Cisco Systems is currently worth $47.5B. That's 0.72% of their equity portfolio (19th largest holding). The investor owns 10.00% of the outstanding Cisco Systems stock. The first Cisco Systems trade was made in Q4 2020. Since then BlackRock bought shares nine more times and sold shares on eight occasions. The stake costed the investor $16.1B, netting the investor a gain of 194% so far.
On Wednesday, Cisco Systems announced impressive quarterly earnings alongside nearly 4,000 job cuts.
The S&P 500 (^GSPC +0.77%) rose 0.78% to 7,502.04, the Nasdaq Composite (^IXIC +0.88%) gained 0.88% to 26,635.22, and the Dow Jones Industrial Average (^DJI ...
AI-driven orders, record revenue, and a sweeping restructuring put this networking giant's next phase under scrutiny, today, May 14, 2026.
The AI buildout continues to benefit many companies, with these three posting record results while also delivering bullish guidance thanks to the favorable t...