In a filing, Cirrus Logic, Inc revealed its EVP, R&D Baumgartner Jeffrey W unloaded Company’s shares for reported $1.0 million on Jun 03 ’25. In the deal valued at $100.00 per share,10,000 shares were sold. As a result of this transaction, Baumgartner Jeffrey W now holds 14,001 shares worth roughly $1.45 million.
Then, Alberty Carl Jackson sold 2,000 shares, generating $200,000 in total proceeds. Upon selling the shares at $100.00, the EVP, MSP now owns 41,645 shares.
Before that, CARL J ALBERTY bought 4,000 shares. Cirrus Logic, Inc shares valued at $390,960 were divested by the Officer at a price of $97.74 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 Tuesday, Cirrus Logic, Inc [NASDAQ:CRUS] saw its stock fall -0.72% to $103.34. Over the last five days, the stock has lost -1.81%. Cirrus Logic, Inc shares have risen nearly 3.78% since the year began. Nevertheless, the stocks have fallen -16.69% over the past one year. While a 52-week high of $147.46 was reached on 02/19/25, a 52-week low of $75.83 was recorded on 04/08/25.
Levels Of Support And Resistance For CRUS Stock
The 24-hour chart illustrates a support level at 102.72, which if violated will result in even more drops to 102.11. On the upside, there is a resistance level at 104.05. A further resistance level may holdings at 104.77.
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.
