In a filing, Cirrus Logic, Inc. revealed its Director HANFORD DEIRDRE acquired Company’s shares for reported $2.13 million on Aug 20 ’24. In the deal valued at $137.00 per share,15,515 shares were bought.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Then, Brannan Andrew sold 4,000 shares, generating $559,760 in total proceeds. Upon selling the shares at $139.94, the VP, Worldwide Sales now owns 3,530 shares.
Before that, Alberty Carl Jackson sold 1,033 shares. Cirrus Logic, Inc. shares valued at $145,674 were divested by the VP, MSP at a price of $141.02 per share. As a result of the transaction, Alberty Carl Jackson now holds 38,311 shares, worth roughly $5.54 million.
The Benchmark Company downgraded its Cirrus Logic, Inc. [CRUS] rating to a Hold from a a Buy in a research note published recently. A number of analysts have revised their coverage, including TD Cowen’s analysts, who remained covering the stock and in early May has reiterated a ‘”a Buy”‘ rating for it. TD Cowen also remained covering CRUS and reiterated its “an Outperform” recommendation on February 07, 2024. Loop Capital revised its rating on November 01, 2023. It rated CRUS as “a Buy” which previously was an “a Hold”.
Price Performance Review of CRUS
On Friday, Cirrus Logic, Inc. [NASDAQ:CRUS] saw its stock jump 3.35% to $144.52. Over the last five days, the stock has gained 2.18%. Cirrus Logic, Inc. shares have risen nearly 73.72% since the year began. Nevertheless, the stocks have risen 80.81% over the past one year. While a 52-week high of $144.83 was reached on 08/23/24, a 52-week low of $65.02 was recorded on 02/02/24. SMA at 50 days reached $131.36, while 200 days put it at $99.83.
Levels Of Support And Resistance For CRUS Stock
The 24-hour chart illustrates a support level at 141.57, which if violated will result in even more drops to 138.63. On the upside, there is a resistance level at 146.28. A further resistance level may holdings at 148.05. The Relative Strength Index (RSI) on the 14-day chart is 63.52, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 6.57, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 1.78%. Stochastics%K at 93.04% indicates the stock is a selling.
How much short interest is there in Cirrus Logic, Inc.?
A steep rise in short interest was recorded in Cirrus Logic, Inc. stocks on 2024-07-31, dropping by -0.25 million shares to a total of 0.93 million shares. Yahoo Finance data shows the prior-month short interest on 2024-06-28 was 1.18 million shares. There was a decline of -27.33%, which implies that there is a negative sentiment for the stock.
