In a filing, Cirrus Logic, Inc revealed its EVP, R&D Baumgartner Jeffrey W unloaded Company’s shares for reported $0.21 million on Feb 03 ’25. In the deal valued at $100.00 per share,2,051 shares were sold. As a result of this transaction, Baumgartner Jeffrey W now holds 8,330 shares worth roughly $0.91 million.
Then, JEFFREY W BAUMGARTNER bought 2,051 shares, generating $205,100 in total proceeds.
Before that, Baumgartner Jeffrey W sold 5,542 shares. Cirrus Logic, Inc shares valued at $560,019 were divested by the VP, R&D at a price of $101.05 per share. As a result of the transaction, Baumgartner Jeffrey W now holds 10,381 shares, worth roughly $1.13 million.
The Benchmark Company upgraded its Cirrus Logic, Inc [CRUS] rating to a Buy from a a Hold in a research note published recently. Barclays also remained covering CRUS and has decreased its forecast on October 10, 2024 with a “an Equal weight” recommendation from previously “an Overweight” rating. The Benchmark Company revised its rating on May 16, 2024. It rated CRUS as “a Hold” which previously was an “a Buy”.
Price Performance Review of CRUS
On Friday, Cirrus Logic, Inc [NASDAQ:CRUS] saw its stock fall -2.00% to $109.07. Over the last five days, the stock has gained 1.98%. Cirrus Logic, Inc shares have risen nearly 9.53% since the year began. Nevertheless, the stocks have risen 21.22% over the past one year. While a 52-week high of $147.46 was reached on 02/19/25, a 52-week low of $81.30 was recorded on 02/03/25. SMA at 50 days reached $103.27, while 200 days put it at $117.11.
Levels Of Support And Resistance For CRUS Stock
The 24-hour chart illustrates a support level at 107.67, which if violated will result in even more drops to 106.26. On the upside, there is a resistance level at 111.01. A further resistance level may holdings at 112.94. The Relative Strength Index (RSI) on the 14-day chart is 58.31, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 4.03, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 22.75%. Stochastics %K at 85.75% indicates the stock is a selling.
The most recent change occurred on May 08, 2024 when TD Cowen resumed its ‘”a Buy”‘ rating for the stock and retained the price target to $115.
