Insider Sale: John Thomas Unloaded 8,595 Shares of Pacific Mercantile Bancorp (PMBC); Janney Capital Management Has Decreased Cisco Systems (CSCO) Stake

Janney Capital Management Llc decreased Cisco Systems Inc (CSCO) stake by 1.58% reported in 2017Q3 SEC filing. Janney Capital Management Llc sold 11,503 shares as Cisco Systems Inc (CSCO)’s stock declined 7.50%. The Janney Capital Management Llc holds 715,458 shares with $24.06 million value, down from 726,961 last quarter. Cisco Systems Inc now has $212.93 billion valuation. The stock decreased 0.20% or $0.09 during the last trading session, reaching $44.2. About 22.03M shares traded. Cisco Systems, Inc. (NASDAQ:CSCO) has risen 13.20% since March 8, 2017 and is uptrending. It has underperformed by 3.50% the S&P500.

John Thomas, the shareholder of Pacific Mercantile Bancorp made sell of 8,595 shares with an average price per share of $8.5 in the public firm, that are having a worth of $73,058 U.S Dollars. It seems he is very active lately as in the last 30 days, he sold additional 405 shares of the company, worth $3,443 USD. At the moment, he holds 110,684 shares or about 0.47% of Pacific Mercantile Bancorp’s market cap.

Since September 11, 2017, it had 0 insider buys, and 8 sales for $16.90 million activity. BARTZ CAROL also sold $7.59 million worth of Cisco Systems, Inc. (NASDAQ:CSCO) shares. $821,900 worth of stock was sold by BHATT PRAT on Monday, September 11. On Tuesday, February 20 SARIN ARUN sold $625,751 worth of Cisco Systems, Inc. (NASDAQ:CSCO) or 14,189 shares. $2.11 million worth of Cisco Systems, Inc. (NASDAQ:CSCO) was sold by CHANDLER MARK D. 121,390 shares valued at $3.89 million were sold by Robbins Charles on Monday, September 11. Shares for $550,153 were sold by BURNS M MICHELE on Monday, February 26. The insider MCGEARY RODERICK C sold 15,230 shares worth $578,740.

Janney Capital Management Llc increased Apple Inc (NASDAQ:AAPL) stake by 2,812 shares to 139,965 valued at $21.57M in 2017Q3. It also upped Vaneck Amt Fr Interm Etf stake by 68,154 shares and now owns 240,594 shares. Home Depot Inc (NYSE:HD) was raised too.

Among 38 analysts covering Cisco Systems Inc. (NASDAQ:CSCO), 26 have Buy rating, 0 Sell and 12 Hold. Therefore 68% are positive. Cisco Systems Inc. had 152 analyst reports since August 4, 2015 according to SRatingsIntel. Jefferies maintained Cisco Systems, Inc. (NASDAQ:CSCO) on Friday, June 30 with “Buy” rating. On Friday, November 3 the stock rating was maintained by Cowen & Co with “Buy”. The stock of Cisco Systems, Inc. (NASDAQ:CSCO) has “Buy” rating given on Thursday, February 15 by KeyBanc Capital Markets. The rating was upgraded by Nomura to “Buy” on Monday, February 12. Jefferies maintained the stock with “Buy” rating in Wednesday, August 2 report. The rating was maintained by Drexel Hamilton with “Buy” on Tuesday, August 15. Morgan Stanley maintained Cisco Systems, Inc. (NASDAQ:CSCO) rating on Monday, February 26. Morgan Stanley has “Overweight” rating and $50 target. As per Wednesday, August 5, the company rating was maintained by Wells Fargo. OTR Global downgraded the stock to “Mixed” rating in Monday, October 31 report. The stock has “Overweight” rating by Morgan Stanley on Monday, May 15.

Investors sentiment increased to 1.03 in 2017 Q3. Its up 0.01, from 1.02 in 2017Q2. It is positive, as 74 investors sold CSCO shares while 637 reduced holdings. 107 funds opened positions while 619 raised stakes. 3.60 billion shares or 0.03% more from 3.60 billion shares in 2017Q2 were reported. Patten Group Inc Inc holds 37,987 shares. State Of Alaska Department Of Revenue reported 0.11% stake. 39,589 are held by Proffitt And Goodson. Holderness Invs Co owns 66,996 shares for 1.17% of their portfolio. Caprock Group Inc Inc has 115,834 shares. Rocky Mountain Advisers Ltd reported 0.42% in Cisco Systems, Inc. (NASDAQ:CSCO). Fcg Limited Liability Company holds 13,766 shares. Oregon-based Ferguson Wellman Capital Mngmt has invested 1.99% in Cisco Systems, Inc. (NASDAQ:CSCO). Creative Planning invested in 526,337 shares. Portfolio Solutions Limited Liability Corp owns 308 shares. Louisiana State Employees Retirement Sys reported 0.49% in Cisco Systems, Inc. (NASDAQ:CSCO). The Pennsylvania-based Cim Mangement has invested 0.31% in Cisco Systems, Inc. (NASDAQ:CSCO). Haverford Inc holds 0.1% or 7,568 shares. Fort Point Prtnrs Limited Liability Corporation accumulated 16,293 shares. Cacti Asset Mgmt Ltd Liability Com invested 0.03% in Cisco Systems, Inc. (NASDAQ:CSCO).

Analysts await Cisco Systems, Inc. (NASDAQ:CSCO) to report earnings on May, 16. They expect $0.59 earnings per share, up 9.26% or $0.05 from last year’s $0.54 per share. CSCO’s profit will be $2.84B for 18.73 P/E if the $0.59 EPS becomes a reality. After $0.58 actual earnings per share reported by Cisco Systems, Inc. for the previous quarter, Wall Street now forecasts 1.72% EPS growth.

The stock increased 1.69% or $0.15 during the last trading session, reaching $9.05. About 48,709 shares traded or 143.24% up from the average. Pacific Mercantile Bancorp (NASDAQ:PMBC) has risen 6.90% since March 8, 2017 and is uptrending. It has underperformed by 9.80% the S&P500.

Pacific Mercantile Bancorp operates as the holding firm for Pacific Mercantile Bank that provides a range of commercial banking services and products to small and medium-size businesses and professionals in Southern California. The company has market cap of $210.92 million. The company's deposit products include noninterest-bearing and interest-bearing checking accounts, interest-bearing term deposit accounts, money market and savings deposits, and certificates of deposit. It has a 20.11 P/E ratio. It also offers various loans, such as commercial loans and credit lines, accounts receivable and inventory financing, small business administration guaranteed business loans, owner-occupied commercial real estate loans, working capital lines of credit and asset based lending, growth capital loans, equipment financing, letters of credit, and corporate credit cards.

Among 3 analysts covering Pacific Mercantile Bancorp (NASDAQ:PMBC), 3 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Pacific Mercantile Bancorp has $10.5 highest and $1000 lowest target. $10.38’s average target is 14.70% above currents $9.05 stock price. Pacific Mercantile Bancorp had 5 analyst reports since May 26, 2017 according to SRatingsIntel. Keefe Bruyette & Woods maintained it with “Hold” rating and $1000 target in Friday, May 26 report. The rating was upgraded by Keefe Bruyette & Woods to “Buy” on Thursday, August 3. On Thursday, August 3 the stock rating was upgraded by Wood to “Outperform”. Hovde Group maintained the stock with “Buy” rating in Tuesday, January 30 report. The company was maintained on Thursday, December 21 by Keefe Bruyette & Woods.

Since December 11, 2017, it had 2 insider purchases, and 5 selling transactions for $35,982 activity. On Wednesday, January 31 Inserra Thomas J. bought $31,332 worth of Pacific Mercantile Bancorp (NASDAQ:PMBC) or 3,587 shares. Shares for $11,690 were sold by VERITY CINDY on Wednesday, February 21. Chamberlain Kittridge sold $83,044 worth of stock. $12,353 worth of Pacific Mercantile Bancorp (NASDAQ:PMBC) shares were sold by Anderson Robert S. 1,515 shares valued at $12,256 were sold by Wagner Tom on Thursday, February 22. Another trade for 405 shares valued at $3,443 was made by THOMAS JOHN MD on Friday, March 2.