The buying and selling of stock by a company’s insider give investors a sense that the stock will rise or fall in the future. Cirrus Logic, Inc shares valued at $105,625 were sold by DAVERN ALEXANDER M on May 21 ’25. At $105.62 per share, DAVERN ALEXANDER M sold 1,000 shares. The insider’s holdings dropped to 20,907 shares worth approximately $2.14 million following the completion of this transaction.
Also, DAVERN ALEXANDER M purchased 1,000 shares, netting a total of over 105,625 in proceeds.
Before that, Dougherty Justin E had sold 3,838 shares from its account. In a trade valued at $384,243, the EVP, Global Operations traded Cirrus Logic, Inc shares for $100.12 each. Upon closing the transaction, the insider’s holdings decreased to 3,838 shares, worth approximately $0.65 million.
As published in a research note from The Benchmark Company on February 05, 2025, Cirrus Logic, Inc [CRUS] has been rated up from a Hold to a Buy. As of October 10, 2024, Barclays has decreased its “an Overweight” rating to a “an Equal weight” for CRUS. Earlier on May 16, 2024, The Benchmark Company downgraded its rating. Their new recommendation was “a Hold” for CRUS stock which previously was a “a Buy”.
Analyzing CRUS Stock Performance
During the last five days, there has been a drop of approximately -4.41%. Over the course of the year, Cirrus Logic, Inc shares have jumped approximately 2.61%. Shares of the company reached a 52-week high of $113.14 on 02/19/25 and a 52-week low of $75.83 on 04/08/25.
Support And Resistance Levels for Cirrus Logic, Inc (CRUS)
According to the 24-hour chart, there is a support level at 100.69, which, if violated, would cause prices to drop to 99.21. In the upper region, resistance lies at 105.03. The next price resistance is at 107.89. RSI (Relative Strength Index) is 55.43 on the 14-day chart, showing neutral technical sentiment.
