Cirrus Logic, Inc’s recently made public that its Officer GREGORY S THOMAS acquired Company’s shares for reported $0.31 million on Mar 03 ’25. In the deal valued at $103.77 per share,3,000 shares were bought.
Then, Baumgartner Jeffrey W sold 2,051 shares, generating $205,100 in total proceeds. Upon selling the shares at $100.00, the EVP, R&D now owns 8,330 shares.
Before that, JEFFREY W BAUMGARTNER bought 2,051 shares. Cirrus Logic, Inc shares valued at $205,100 were divested by the Officer at a price of $100.00 per share.
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 Monday, Cirrus Logic, Inc [NASDAQ:CRUS] saw its stock fall -2.43% to $101.68. Over the last five days, the stock has lost -6.37%. Cirrus Logic, Inc shares have risen nearly 2.11% since the year began. Nevertheless, the stocks have risen 13.19% 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 $103.23, while 200 days put it at $117.27.
Levels Of Support And Resistance For CRUS Stock
The 24-hour chart illustrates a support level at 99.78, which if violated will result in even more drops to 97.89. On the upside, there is a resistance level at 104.73. A further resistance level may holdings at 107.79. The Relative Strength Index (RSI) on the 14-day chart is 43.35, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -4.41, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 92.64%. Stochastics %K at 16.11% indicates the stock is a buying.
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.
