Wesbanco Bank Inc. increased its holdings in Cisco Systems, Inc. by 11.9% during the third quarter, making CSCO its 21st largest position. Other institutional investors also adjusted their stakes, while company insiders sold shares worth over $81 million in the last 90 days. Despite insider selling, analysts maintain a “Moderate Buy” consensus rating for Cisco Systems.
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Cisco Systems, Inc. $CSCO Position Boosted by Wesbanco Bank Inc.
Wesbanco Bank Inc. increased its holdings in Cisco Systems, Inc. by 11.9% during the third quarter, making CSCO its 21st largest position. Other institutional investors also adjusted their stakes, while company insiders sold shares worth over $81 million in the last 90 days. Despite insider selling, analysts maintain a “Moderate Buy” consensus rating for Cisco Systems.