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MassMutual Private Wealth & Trust FSB Sells 13,776 Shares of Cisco Systems, Inc. $CSCO
MassMutual Private Wealth & Trust FSB reduced its stake in Cisco Systems by 2.5%, selling 13,776 shares and now holding 541,798 shares valued at approximately $41.74 million. This reduction comes amid Cisco’s positive earnings report, raised dividend, and a “Moderate Buy” consensus rating from analysts, contrasting with recent insider selling. The article also highlights mixed market signals, with some analysts raising price targets while valuation concerns and insider sales temper enthusiasm.