Herren Richard Scott

CFO Richard Herren sells 15,678 shares at blended avg $65.52; stock at 52-week high $66.32

Richard Scott Herren, EVP and CFO, executed two separate sales totaling 15,678 shares for $1,027,244.24 on 2025-06-17 at a blended average price of $65.52, reducing his holdings from 325.2K to 309.5K shares (-4.8%). The transaction occurred as the stock traded near its 52-week high of $66.32 and has gained 4.9% over 30 days and 10.0% over 90 days. Herren's prior trades at CSCO show mixed timing outcomes: 2 of 5 prior sells were well-timed at the 90-day horizon, while his cross-ticker track record of 7 prior sells has a 40.00% well-timed rate with an average 90-day return of +3.4% post-sale, indicating the stock typically continues to rise after his exits. The sale occurs against the backdrop of -5.6% annual revenue decline and a P/E of 26.85, though the company remains solidly profitable at $2.5B net income on $14.1B quarterly revenue. This represents routine portfolio activity from a substantial shareholder with a mixed historical record of predicting subsequent price direction at this ticker.

Cisco CFO Richard Scott sold 19,929 shares for $1,283,702.91 on Feb 14; holds 335,604 post-transaction.

Richard Scott, EVP and CFO of Cisco, executed two separate sales on 2025-02-14, totaling 19,929 shares ($1.3M) at a blended average price of $64.41, reducing his holdings by 5.6% to 335.6K shares. The sales occurred near Cisco's 52-week high of $64.87, with the stock up 7.2% over the past 30 days and 12.3% over 90 days. His cross-ticker track record shows 5 prior sells with a 90-day well-timed rate of 33.33%, though at Cisco specifically, his prior trades have been mixed (1 of 3 measurable prior sales at this ticker were well-timed at the 90-day mark). The fundamental backdrop shows Cisco facing annual revenue decline of -5.6% against a P/E of 27.96, suggesting execution challenges in a competitive environment that warrant monitoring of insider activity patterns.

CFO Richard Scott sold 86,351 CSCO shares at $57.49; stock near 52-week high at $59.18

Herren Richard Scott, EVP and CFO of Cisco, sold 86,351 shares (19.1% of his pre-transaction holdings of 451,664 shares) at $57.49 on November 15, 2024, reducing his stake to 365,313 shares. The sale occurred within 3.7% of the 52-week high of $59.18, and the stock has risen 13.0% over the past 90 days. Reviewing his prior trades at Cisco specifically, two of four prior sells generated negative 90-day returns (well-timed), while his most recent sale on August 20, 2024 achieved a 14.6% gain within 90 days—a poorly-timed exit that preceded further appreciation. The current transaction represents a substantial reduction in personal exposure at elevated valuation levels (P/E of 24.16), though the substantial scale (86.4K shares, $5.0M) warrants attention to whether this reflects portfolio management or shifts in executive confidence regarding near-term prospects.

Herren (EVP/CFO) sold 22,309 shares of CSCO at $50.00; stock at $50.24, 2 of 3 prior CSCO sales well-timed at 90-day mark.

Herren Richard Scott, EVP and CFO, sold 22,309 shares of Cisco Systems (CSCO) at $50.00, reducing his holdings by 7.1% from 315,493 to 293,184 shares. The transaction occurred when CSCO was trading -13.1% from its 52-week high of $57.84, and the stock has since appreciated 6.2% over 30 days and 5.9% over 90 days from the transaction date. Looking at his prior three sales at CSCO specifically, 2 of 3 were well-timed at the 90-day mark (showing negative returns post-sale on 2024-03-11 and 2023-12-18), suggesting a consistent pattern of disciplined exit execution at this ticker. The company's fundamentals remain solid with $12.7B in quarterly revenue, +10.6% annual growth, and a P/E of 16.69. This transaction reflects a material but measured reduction in holdings by a senior financial officer.