Shikiar Asset Management Has Trimmed Cisco Systems (CSCO) Holding By $399,900; Axcelis Technologies, Inc. (ACLS) Covered By 2 Bullish Analysts Last Week

Cisco Systems, Inc. (NASDAQ:CSCO) Logo

Among 3 analysts covering Axcelis Technologies (NASDAQ:ACLS), 2 have Buy rating, 0 Sell and 1 Hold. Therefore 67% are positive. Axcelis Technologies had 6 analyst reports since October 29, 2018 according to SRatingsIntel. The stock of Axcelis Technologies, Inc. (NASDAQ:ACLS) earned “Hold” rating by Craig Hallum on Friday, February 8. On Friday, November 2 the stock rating was downgraded by Benchmark to “Hold”. The rating was upgraded by Benchmark on Friday, February 8 to “Buy”. The stock of Axcelis Technologies, Inc. (NASDAQ:ACLS) earned “Neutral” rating by FBR Capital on Monday, October 29. The stock has “Buy” rating by FBR Capital on Monday, January 28. See Axcelis Technologies, Inc. (NASDAQ:ACLS) latest ratings:

03/03/2019 Broker: BidaskScore Rating: Sell Downgrade
08/02/2019 Broker: Craig Hallum Old Rating: Buy New Rating: Hold Downgrade
08/02/2019 Broker: Benchmark Old Rating: Hold New Rating: Buy Upgrade
28/01/2019 Broker: FBR Capital Old Rating: Neutral New Rating: Buy Old Target: $18 New Target: $28 Upgrade
02/11/2018 Broker: Benchmark Old Rating: Buy New Rating: Hold Downgrade
29/10/2018 Broker: FBR Capital Old Rating: Buy New Rating: Neutral Old Target: $34 New Target: $20 Downgrade

Shikiar Asset Management Inc decreased Cisco Systems (CSCO) stake by 8.8% reported in 2018Q4 SEC filing. Shikiar Asset Management Inc sold 9,300 shares as Cisco Systems (CSCO)’s stock rose 8.18%. The Shikiar Asset Management Inc holds 96,345 shares with $4.18M value, down from 105,645 last quarter. Cisco Systems now has $234.19 billion valuation. The stock increased 0.87% or $0.46 during the last trading session, reaching $53.2. About 43.64M shares traded or 82.97% up from the average. Cisco Systems, Inc. (NASDAQ:CSCO) has risen 16.80% since March 17, 2018 and is uptrending. It has outperformed by 12.43% the S&P500. Some Historical CSCO News: 10/05/2018 – The U.S. government needs to work harder to support more start-ups and foster technological innovation, according to venture capitalist and former Cisco CEO John Chambers; 16/04/2018 – Park Bench Solutions Offers Optimized Provisioning for Cisco BroadSoft Platform with New odin Clone; 28/03/2018 – Australian Gov: US Patent Issued to Cisco Technology on March 27 for “Method and apparatus for verifying source addresses in a; 22/04/2018 – DJ Cisco Systems Inc, Inst Holders, 1Q 2018 (CSCO); 16/05/2018 – CISCO 3Q ADJ EPS 66C, EST. 65C; 01/05/2018 – Tech Insider: Cisco sheds a costly mistake, as it sells off a $5 billion acquisition for $1 billion; 16/04/2018 – Gong.io Extends A1 Funding Round With Investment From Cisco Investments; 28/03/2018 – ARISTA NETWORKS INC – ALJ SUPPORTED SUSPENSION OF REMEDIES CONCERNING ‘668 PATENT PENDING COMPLETION OF CISCO’S APPEALS OF DECISION; 09/04/2018 – Cisco Continues To Evolve Its Routing Portfolio for Mass-Scale Networking to Meet Carriers’ Needs; 01/05/2018 – CISCO: INTENT TO BUY ACCOMPANY

Since September 17, 2018, it had 0 insider buys, and 6 sales for $7.80 million activity. On Wednesday, December 12 the insider WEST STEVEN M sold $1.20M. On Monday, December 3 the insider Tan Irving sold $1.36 million. CHANDLER MARK D had sold 4,373 shares worth $196,324. 4,744 shares were sold by BURNS M MICHELE, worth $209,025 on Wednesday, December 19. Goeckeler David sold $3.00 million worth of stock. BHATT PRAT also sold $1.52M worth of Cisco Systems, Inc. (NASDAQ:CSCO) shares. $10.28 million worth of Cisco Systems, Inc. (NASDAQ:CSCO) shares were sold by Robbins Charles.

More notable recent Cisco Systems, Inc. (NASDAQ:CSCO) news were published by: Nasdaq.com which released: “Why Is Cisco (CSCO) Up 9% Since Last Earnings Report? – Nasdaq” on March 15, 2019, also Nasdaq.com with their article: “Better IoT Buy: Sierra Wireless vs. Cisco – Nasdaq” published on March 14, 2019, Nasdaq.com published: “Has Cisco Systems (CSCO) Outpaced Other Computer and Technology Stocks This Year? – Nasdaq” on March 08, 2019. More interesting news about Cisco Systems, Inc. (NASDAQ:CSCO) were released by: 247Wallst.com and their article: “Cisco Is Best Performing Dow Stock This Year – 24/7 Wall St.” published on March 17, 2019 as well as Seekingalpha.com‘s news article titled: “Cisco: Well Positioned For The Future – Seeking Alpha” with publication date: March 08, 2019.

Investors sentiment increased to 0.91 in Q4 2018. Its up 0.06, from 0.85 in 2018Q3. It improved, as 68 investors sold CSCO shares while 701 reduced holdings. 140 funds opened positions while 557 raised stakes. 3.17 billion shares or 0.63% more from 3.15 billion shares in 2018Q3 were reported. Schroder Inv Mngmt holds 1.09% of its portfolio in Cisco Systems, Inc. (NASDAQ:CSCO) for 13.92M shares. Van Cleef Asset Managementinc reported 54,486 shares. Legg Mason Asset (Japan) Co invested in 19,400 shares. Marble Harbor Investment Counsel Ltd Liability Co owns 450,747 shares or 3.9% of their US portfolio. Moreover, Monarch Cap Mgmt has 2.8% invested in Cisco Systems, Inc. (NASDAQ:CSCO). Seizert Capital Ptnrs Ltd Com holds 1.76% of its portfolio in Cisco Systems, Inc. (NASDAQ:CSCO) for 902,257 shares. Honeywell Intl Inc holds 1.56% or 543,300 shares in its portfolio. Deroy & Devereaux Private Investment Counsel holds 8,865 shares or 0.04% of its portfolio. Texas Permanent School Fund stated it has 904,304 shares or 0.69% of all its holdings. Wedge Capital Management L Ltd Partnership Nc reported 849,335 shares. Conning stated it has 1.5% in Cisco Systems, Inc. (NASDAQ:CSCO). Mariner Ltd Llc reported 459,284 shares or 0.35% of all its holdings. Amg Tru Savings Bank holds 0.11% in Cisco Systems, Inc. (NASDAQ:CSCO) or 37,869 shares. First Wilshire Mgmt stated it has 9,598 shares. Poplar Forest Cap Limited Liability Company has invested 1.78% in Cisco Systems, Inc. (NASDAQ:CSCO).

Analysts await Cisco Systems, Inc. (NASDAQ:CSCO) to report earnings on May, 15. They expect $0.68 EPS, up 13.33% or $0.08 from last year’s $0.6 per share. CSCO’s profit will be $2.99B for 19.56 P/E if the $0.68 EPS becomes a reality. After $0.67 actual EPS reported by Cisco Systems, Inc. for the previous quarter, Wall Street now forecasts 1.49% EPS growth.

Among 13 analysts covering Cisco Systems (NASDAQ:CSCO), 10 have Buy rating, 0 Sell and 3 Hold. Therefore 77% are positive. Cisco Systems had 15 analyst reports since November 15, 2018 according to SRatingsIntel. Wells Fargo maintained Cisco Systems, Inc. (NASDAQ:CSCO) rating on Thursday, February 14. Wells Fargo has “Outperform” rating and $57 target. The stock of Cisco Systems, Inc. (NASDAQ:CSCO) earned “Overweight” rating by KeyBanc Capital Markets on Thursday, February 14. The firm earned “Overweight” rating on Thursday, November 15 by KeyBanc Capital Markets. The company was maintained on Thursday, November 15 by Credit Suisse. The rating was maintained by Deutsche Bank on Thursday, November 15 with “Buy”. Bank of America maintained the stock with “Buy” rating in Thursday, February 14 report. The rating was maintained by Raymond James on Thursday, November 15 with “Outperform”. Morgan Stanley downgraded Cisco Systems, Inc. (NASDAQ:CSCO) rating on Tuesday, February 12. Morgan Stanley has “Equal-Weight” rating and $49 target. The rating was initiated by Robert W. Baird on Thursday, November 29 with “Buy”. Credit Suisse maintained Cisco Systems, Inc. (NASDAQ:CSCO) on Thursday, February 14 with “Neutral” rating.

Axcelis Technologies, Inc. designs, makes, and services ion implantation and other processing equipment used in the fabrication of semiconductor chips in the United States, Europe, and the Asia Pacific. The company has market cap of $674.14 million. The firm offers a line of high energy, high current, and medium current implanters for various application requirements. It has a 15.25 P/E ratio. It also provides dry strip equipment, curing systems, and thermal processing systems, as well as services and supports its dry strip installed base.

The stock increased 1.28% or $0.26 during the last trading session, reaching $20.59. About 231,748 shares traded. Axcelis Technologies, Inc. (NASDAQ:ACLS) has declined 13.24% since March 17, 2018 and is downtrending. It has underperformed by 17.61% the S&P500. Some Historical ACLS News: 20/04/2018 – Report: Developing Opportunities within CymaBay Therapeutics, IAC/InterActiveCorp, Axcelis Technologies, La Quinta, Hornbeck Of; 02/05/2018 – Axcelis Technologies Sees 2Q Rev $114M-$118M; 20/03/2018 – Axcelis Announces New ‘Purion H’ Order From Leading Advanced Logic Chip Maker; 23/03/2018 – Glancy Prongay & Murray LLP Announces Investigation on Behalf of Axcelis Technologies, Inc. Investors (ACLS); 09/03/2018 – Axcelis Technologies Short-Interest Ratio Rises 110% to 8 Days; 02/05/2018 – Axcelis Technologies Sees 2Q EPS 34c-EPS 36c; 23/04/2018 – Axcelis Technologies Presenting at Conference May 23; 07/05/2018 – Hood River Capital Management Exits Axcelis Technologies; 22/05/2018 – AXCELIS TECHNOLOGIES INC – ANNOUNCES MULTIPLE ORDERS FOR ‘PURION M’ IMPLANTER FROM US AND EUROPE; 19/04/2018 – Axcelis Wins 2017 Texas Instruments Supplier Excellence Award

More notable recent Axcelis Technologies, Inc. (NASDAQ:ACLS) news were published by: Nasdaq.com which released: “Sterling rally dwindles as Brexit reality bites – Nasdaq” on February 20, 2019, also Nasdaq.com with their article: “Sterling builds on gains as traders slash no-deal Brexit concerns – Nasdaq” published on February 27, 2019, Nasdaq.com published: “Axcelis Technologies (ACLS) Beats Q4 Earnings and Revenue Estimates – Nasdaq” on February 06, 2019. More interesting news about Axcelis Technologies, Inc. (NASDAQ:ACLS) were released by: Seekingalpha.com and their article: “An IoT Company Trading At 11 Times Free Cash Flow – Seeking Alpha” published on June 21, 2018 as well as Seekingalpha.com‘s news article titled: “Axcelis Technologies: High Performance, Low Power And Outsized Returns On The Horizon – Seeking Alpha” with publication date: December 29, 2018.

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