The Benchmark Company Upgrades Cirrus Logic, Inc (CRUS) to a Buy from a Hold

Cirrus Logic, Inc’s recently made public that its Officer Denise Grode acquired Company’s shares for reported $0.51 million on Aug 29 ’25. In the deal valued at $115.36 per share,4,410 shares were bought.

Then, Dougherty Justin E sold 1,542 shares, generating $166,659 in total proceeds. Upon selling the shares at $108.08, the EVP, Global Operations now owns 4,792 shares.

Before that, JUSTIN DOUGHERTY bought 1,542 shares. Cirrus Logic, Inc shares valued at $166,659 were divested by the Officer at a price of $108.08 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 Friday, Cirrus Logic, Inc [NASDAQ:CRUS] saw its stock fall -1.01% to $114.19. Over the last five days, the stock has lost -2.72%. Cirrus Logic, Inc shares have fallen nearly -20.34% since the year began. Nevertheless, the stocks have risen 14.67% over the past one year. While a 52-week high of $147.46 was reached on 08/26/25, 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 113.20, which if violated will result in even more drops to 112.22. On the upside, there is a resistance level at 115.58. A further resistance level may holdings at 116.98.

How much short interest is there in Cirrus Logic, Inc?

A steep rise in short interest was recorded in Cirrus Logic, Inc stocks on 2025-08-15, dropping by -0.69 million shares to a total of 1.24 million shares. Yahoo Finance data shows the prior-month short interest on 2025-07-15 was 1.93 million shares. There was a decline of -55.92%, which implies that there is a negative sentiment for the stock.

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.

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