Insider Selling: Cirrus Logic (NASDAQ:CRUS) EVP Sells $196,829.10 in Stock

Posted by Stanley Muller on Jun 27th, 2026

Cirrus Logic, Inc. (NASDAQ:CRUS – Get Free Report) EVP Jeffrey Baumgartner sold 1,170 shares of the company’s stock in a transaction dated Monday, June 22nd. The stock was sold at an average price of $168.23, for a total transaction of $196,829.10. Following the transaction, the executive vice president owned 16,405 shares in the company, valued at $2,759,813.15. The trade was a 6.66% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Cirrus Logic Trading Down 4.9%

CRUS stock opened at $146.50 on Friday. The firm has a 50 day moving average of $166.33 and a 200-day moving average of $145.41. The company has a market cap of $7.39 billion, a price-to-earnings ratio of 18.69 and a beta of 1.15. Cirrus Logic, Inc. has a 12-month low of $92.02 and a 12-month high of $180.42.

Cirrus Logic (NASDAQ:CRUS – Get Free Report) last released its quarterly earnings results on Wednesday, May 6th. The semiconductor company reported $1.95 earnings per share for the quarter, topping analysts’ consensus estimates of $1.76 by $0.19. The business had revenue of $448.52 million for the quarter, compared to analysts’ expectations of $442.25 million. Cirrus Logic had a return on equity of 20.48% and a net margin of 20.75%.The company’s revenue was up 5.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.67 EPS. Sell-side analysts forecast that Cirrus Logic, Inc. will post 8.05 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Cirrus Logic

Hedge funds and other institutional investors have recently made changes to their positions in the business. Geneos Wealth Management Inc. lifted its position in Cirrus Logic by 120.0% during the first quarter. Geneos Wealth Management Inc. now owns 220 shares of the semiconductor company’s stock worth $32,000 after buying an additional 120 shares during the period. Caitong International Asset Management Co. Ltd increased its stake in shares of Cirrus Logic by 7,333.3% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 223 shares of the semiconductor company’s stock valued at $26,000 after acquiring an additional 220 shares during the last quarter. Kohmann Bosshard Financial Services LLC purchased a new position in shares of Cirrus Logic during the 4th quarter worth about $33,000. Torren Management LLC acquired a new stake in shares of Cirrus Logic in the fourth quarter worth approximately $35,000. Finally, Kestra Advisory Services LLC acquired a new stake in shares of Cirrus Logic in the fourth quarter worth approximately $36,000. Hedge funds and other institutional investors own 87.96% of the company’s stock.

Analyst Ratings Changes

CRUS has been the topic of several recent research reports. KeyCorp boosted their price objective on shares of Cirrus Logic from $175.00 to $200.00 and gave the stock an “overweight” rating in a research report on Thursday, May 7th. Stifel Nicolaus set a $197.00 price target on shares of Cirrus Logic in a research report on Thursday, May 7th. Zacks Research downgraded Cirrus Logic from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 27th. Barclays increased their price objective on Cirrus Logic from $120.00 to $140.00 and gave the company an “equal weight” rating in a research note on Thursday, May 7th. Finally, Jefferies Financial Group raised shares of Cirrus Logic to a “buy” rating in a research note on Thursday, June 4th. Five equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $161.71.

View Our Latest Stock Analysis on CRUS

About Cirrus Logic

(Get Free Report)

Cirrus Logic, Inc, headquartered in Austin, Texas, is a fabless semiconductor company specializing in high-precision analog and mixed-signal processing solutions. The firm develops low-power, high-performance audio, voice, and power management integrated circuits, serving prominent consumer electronics OEMs. Its semiconductor devices are designed to enhance audio quality, battery life, and system integration in mobile phones, tablets, wireless headsets and other portable devices.

The company’s product portfolio includes digital-to-analog converters (DACs), analog-to-digital converters (ADCs), audio codecs, power management ICs, voice processors and integrated amplifiers.