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 $1,000,000 were sold by Baumgartner Jeffrey W on Jun 03 ’25. At $100.00 per share, Baumgartner Jeffrey W sold 10,000 shares. The insider’s holdings dropped to 14,001 shares worth approximately $1.5 million following the completion of this transaction.
Also, Alberty Carl Jackson sold 2,000 shares, netting a total of over 200,000 in proceeds. Following the sale of shares at $100.00 each, the insider now holds 41,645 shares.
Before that, CARL J ALBERTY had added 4,000 shares to its account. In a trade valued at $390,960, the Officer bought Cirrus Logic, Inc shares for $97.74 each.
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
On last trading session,, Cirrus Logic, Inc [NASDAQ: CRUS] plunged -0.09% to $107.48. The stock’s lowest price that day was $106.9, but it reached a high of $108.41 in the same session. During the last five days, there has been a surge of approximately 3.01%. Over the course of the year, Cirrus Logic, Inc shares have dropped approximately -12.69%. 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 106.75, which, if violated, would cause prices to drop to 106.03. In the upper region, resistance lies at 108.31. The next price resistance is at 109.15. RSI (Relative Strength Index) is 63.45 on the 14-day chart, showing neutral technical sentiment.
Is Cirrus Logic, Inc subject to short interest?
Stocks of Cirrus Logic, Inc saw a sharp rise in short interest on 2025-06-13 jumping by 0.76 million shares to 2.1 million. Data from Yahoo Finance shows that the short interest on 2025-05-15 was 1.34 million shares. A jump of 36.13% in short interest reflects a negative sentiment towards the stock. Despite the fact that short shares comprise just 3.78 of the overall float, the days-to-cover ratio (short ratio) jumped to 3.78.
Which companies own the most shares of Cirrus Logic, Inc (CRUS)?
In terms of Cirrus Logic, Inc share price expectations, FactSet research, analysts set an average price target of 105 in the next 12 months, down nearly -2.4% from the previous closing price of $107.58. Analysts anticipate Cirrus Logic, Inc stock to reach 120 by 2025, with the lowest price target being 90. In spite of this, 7 analysts ranked Cirrus Logic, Inc stock as Buy at the end of 2025. On May 08, 2024, TD Cowen assigned a price target of “a Buy” to the stock and reiterated coverage with a $115.