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Shrier Wealth Management LLC Acquires New Position in Cisco Systems, Inc. $CSCO
Shrier Wealth Management LLC recently acquired a new position in Cisco Systems (CSCO), purchasing 22,315 shares valued at approximately $1.72 million during the fourth quarter. This move is part of broader institutional interest, with 73.33% of Cisco’s stock held by hedge funds and other institutional investors. Despite recent insider selling, Cisco reported strong quarterly results, beating EPS and revenue estimates, and increased its quarterly dividend to $0.42 per share.