Sharp decrease in CRUS’s short interest leads to decline in days-to-cover ratio

Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Cirrus Logic, Inc shares valued at $166,659 were sold by Dougherty Justin E on Aug 12 ’25. At $108.08 per share, Dougherty Justin E sold 1,542 shares. The insider’s holdings dropped to 4,792 shares worth approximately $0.54 million following the completion of this transaction.

Also, JUSTIN DOUGHERTY purchased 1,542 shares, netting a total of over 166,659 in proceeds.

Before that, Alberty Carl Jackson had sold 2,000 shares from its account. In a trade valued at $200,700, the EVP, MSP traded Cirrus Logic, Inc shares for $100.35 each. Upon closing the transaction, the insider’s holdings decreased to 2,000 shares, worth approximately $4.44 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

On last trading session, Cirrus Logic, Inc [NASDAQ: CRUS] rose 1.32% to $112.12. The stock’s lowest price that day was $107.39, but it reached a high of $112.3525 in the same session. During the last five days, there has been a surge of approximately 11.41%. Over the course of the year, Cirrus Logic, Inc shares have dropped approximately -15.10%. 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 108.89, which, if violated, would cause prices to drop to 105.66. In the upper region, resistance lies at 113.85. The next price resistance is at 115.58. RSI (Relative Strength Index) is 63.09 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 steep in short interest on 2025-07-31 dropping by -0.32 million shares to 1.84 million. Data from Yahoo Finance shows that the short interest on 2025-06-30 was 2.16 million shares. A decline of -17.43% in short interest reflects a positive sentiment towards the stock. Despite the fact that short shares comprise just 4.15 of the overall float, the days-to-cover ratio (short ratio) decline to 4.15.

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 -5.11% from the previous closing price of $110.66. 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.

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