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Cisco Systems, Inc. $CSCO Shares Acquired by Leo Wealth LLC
Leo Wealth LLC increased its stake in Cisco Systems by 31.4% in Q4, acquiring 13,095 additional shares to hold a total of 54,853 shares valued at approximately $4.13 million. Cisco recently reported strong Q3 earnings, exceeding revenue and EPS estimates, and raised its quarterly dividend, signaling financial health. Despite positive market sentiment from new wireless reports and an upcoming AI keynote, the company faces near-term risks due to sequential gross-margin contraction and insider stock sales.