Vanguard Personalized Indexing Management LLC Has $985,000 Stake in Cirrus Logic, Inc. $CRUS

Vanguard Personalized Indexing Management LLC increased its stake in shares of Cirrus Logic, Inc. (NASDAQ:CRUS) by 17.4% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 9,448 shares of the semiconductor company’s stock after acquiring an additional 1,399 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in Cirrus Logic were worth $985,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in CRUS. RMG Wealth Management LLC acquired a new stake in Cirrus Logic in the 2nd quarter valued at $30,000. Ameritas Advisory Services LLC acquired a new stake in Cirrus Logic in the 2nd quarter valued at $31,000. Banque Cantonale Vaudoise acquired a new stake in Cirrus Logic in the 1st quarter valued at $30,000. Geneos Wealth Management Inc. increased its stake in Cirrus Logic by 95.1% in the 1st quarter. Geneos Wealth Management Inc. now owns 476 shares of the semiconductor company’s stock valued at $47,000 after buying an additional 232 shares during the last quarter. Finally, N.E.W. Advisory Services LLC acquired a new stake in Cirrus Logic in the 1st quarter valued at $50,000. 87.96% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on CRUS shares. Stifel Nicolaus lifted their price objective on shares of Cirrus Logic from $130.00 to $140.00 and gave the company a “buy” rating in a research report on Friday. Wall Street Zen raised shares of Cirrus Logic from a “buy” rating to a “strong-buy” rating in a research report on Saturday. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Cirrus Logic in a research report on Wednesday, October 8th. Four equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $125.00.

Cirrus Logic Stock Up 2.4%

NASDAQ CRUS opened at $126.15 on Monday. The company has a market capitalization of $6.48 billion, a P/E ratio of 19.74 and a beta of 1.09. Cirrus Logic, Inc. has a 12-month low of $75.83 and a 12-month high of $129.56. The firm has a 50-day moving average price of $118.77 and a two-hundred day moving average price of $106.34.

Cirrus Logic (NASDAQ:CRUS) last posted its quarterly earnings data on Tuesday, August 5th. The semiconductor company reported $1.51 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.07 by $0.44. The firm had revenue of $407.27 million during the quarter, compared to the consensus estimate of $361.97 million. Cirrus Logic had a net margin of 18.15% and a return on equity of 18.38%. The business’s revenue for the quarter was up 8.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.12 EPS. Cirrus Logic has set its Q2 2026 guidance at EPS. Equities analysts expect that Cirrus Logic, Inc. will post 5.63 EPS for the current year.

Insider Buying and Selling at Cirrus Logic

In other Cirrus Logic news, EVP Jeffrey W. Baumgartner sold 9,162 shares of the business’s stock in a transaction dated Wednesday, September 17th. The shares were sold at an average price of $120.00, for a total value of $1,099,440.00. Following the completion of the sale, the executive vice president owned 14,001 shares of the company’s stock, valued at $1,680,120. The trade was a 39.55% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, EVP Scott Thomas sold 11,089 shares of the business’s stock in a transaction dated Thursday, September 18th. The shares were sold at an average price of $121.49, for a total transaction of $1,347,202.61. Following the completion of the sale, the executive vice president directly owned 26,307 shares of the company’s stock, valued at $3,196,037.43. This represents a 29.65% decrease in their position. The disclosure for this sale can be found here. Insiders sold 32,453 shares of company stock valued at $3,821,790 in the last quarter. Company insiders own 1.16% of the company’s stock.

Cirrus Logic Company Profile

Cirrus Logic, Inc, a fabless semiconductor company, develops low-power high-precision mixed-signal processing solutions in China, the United States, and internationally. The company offers audio products, including amplifiers; codecs components that integrate analog-to-digital converters (ADCs) and digital-to-analog converters (DACs) into a single integrated circuit (IC); smart codecs, a codec with integrated digital signal processing; standalone digital signal processors; and SoundClear technology, which consists of a portfolio of tools, software, and algorithms that helps to enhance user experience with features, such as louder, high-fidelity sound, audio playback, voice capture, and hearing augmentation for use in smartphones, tablets, laptops, AR/VR headsets, home theater systems, automotive entertainment systems, and professional audio systems.