Cirrus Logic, Inc. $CRUS Shares Sold by Sei Investments Co.

Posted by George Bondi on Jul 24th, 2026

Sei Investments Co. reduced its holdings in Cirrus Logic, Inc. (NASDAQ:CRUS – Free Report) by 2.2% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 926,639 shares of the semiconductor company’s stock after selling 20,419 shares during the period. Sei Investments Co.’s holdings in Cirrus Logic were worth $134,010,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also recently bought and sold shares of CRUS. State of Wyoming grew its stake in Cirrus Logic by 31.9% during the 1st quarter. State of Wyoming now owns 1,490 shares of the semiconductor company’s stock valued at $215,000 after acquiring an additional 360 shares in the last quarter. Measured Wealth Private Client Group LLC purchased a new position in Cirrus Logic in the 1st quarter worth approximately $530,000. NewEdge Wealth LLC lifted its stake in Cirrus Logic by 30.3% in the 1st quarter. NewEdge Wealth LLC now owns 13,185 shares of the semiconductor company’s stock worth $1,907,000 after purchasing an additional 3,067 shares in the last quarter. First Trust Advisors LP boosted its holdings in shares of Cirrus Logic by 34.3% during the 1st quarter. First Trust Advisors LP now owns 473,721 shares of the semiconductor company’s stock worth $68,509,000 after purchasing an additional 120,935 shares during the last quarter. Finally, Dimensional Fund Advisors LP boosted its holdings in shares of Cirrus Logic by 6.7% during the 1st quarter. Dimensional Fund Advisors LP now owns 1,328,155 shares of the semiconductor company’s stock worth $192,055,000 after purchasing an additional 83,897 shares during the last quarter. 87.96% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, EVP Andrew Brannan sold 6,464 shares of the firm’s stock in a transaction dated Monday, June 29th. The stock was sold at an average price of $144.71, for a total transaction of $935,405.44. Following the completion of the sale, the executive vice president directly owned 7,203 shares of the company’s stock, valued at approximately $1,042,346.13. This trade represents a 47.30% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Justin E. Dougherty sold 2,000 shares of the business’s stock in a transaction dated Thursday, May 21st. The shares were sold at an average price of $166.50, for a total transaction of $333,000.00. Following the completion of the sale, the executive vice president owned 4,537 shares in the company, valued at approximately $755,410.50. This trade represents a 30.60% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last quarter, insiders have sold 22,299 shares of company stock worth $3,581,647. Corporate insiders own 1.20% of the company’s stock.

Wall Street Analysts Forecast Growth

CRUS has been the subject of a number of analyst reports. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Cirrus Logic in a report on Wednesday, June 24th. Stifel Nicolaus set a $197.00 price objective on Cirrus Logic in a research report on Thursday, May 7th. Barclays upped their target price on Cirrus Logic from $120.00 to $140.00 and gave the company an “equal weight” rating in a report on Thursday, May 7th. KeyCorp reduced their price target on Cirrus Logic from $200.00 to $190.00 and set an “overweight” rating on the stock in a report on Tuesday, July 14th. Finally, Zacks Research cut shares of Cirrus Logic from a “strong-buy” rating to a “hold” rating in a research report on Monday, April 27th. Five equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company. Based on data from MarketBeat.com, Cirrus Logic currently has an average rating of “Moderate Buy” and an average target price of $160.29.

Read Our Latest Stock Report on CRUS

Cirrus Logic Stock Performance

CRUS stock opened at $133.53 on Friday. Cirrus Logic, Inc. has a one year low of $92.02 and a one year high of $180.42. The firm has a market cap of $6.74 billion, a PE ratio of 17.03 and a beta of 1.17. The firm’s 50 day moving average price is $156.93 and its 200-day moving average price is $148.50.

Cirrus Logic (NASDAQ:CRUS – Get Free Report) last issued its quarterly earnings data on Wednesday, May 6th. The semiconductor company reported $1.95 earnings per share for the quarter, topping the consensus estimate of $1.76 by $0.19. The company had revenue of $448.52 million during the quarter, compared to analyst estimates of $442.25 million. Cirrus Logic had a return on equity of 20.48% and a net margin of 20.75%.The firm’s revenue for the quarter was up 5.7% compared to the same quarter last year. During the same period in the prior year, the business posted $1.67 earnings per share. Equities research analysts predict that Cirrus Logic, Inc. will post 7.86 EPS for the current fiscal year.

Cirrus Logic Profile

(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.