GSA Capital Partners LLP Sells 4,570 Shares of Cirrus Logic, Inc. $CRUS

GSA Capital Partners LLP cut its holdings in shares of Cirrus Logic, Inc. (NASDAQ:CRUS) by 69.0% during the 3rd quarter, Holdings Channel reports. The firm owned 2,053 shares of the semiconductor company’s stock after selling 4,570 shares during the period. GSA Capital Partners LLP’s holdings in Cirrus Logic were worth $257,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Diversified Trust Co boosted its stake in shares of Cirrus Logic by 0.9% in the third quarter. Diversified Trust Co now owns 8,974 shares of the semiconductor company’s stock valued at $1,124,000 after buying an additional 78 shares during the period. EP Wealth Advisors LLC raised its holdings in Cirrus Logic by 1.7% in the 2nd quarter. EP Wealth Advisors LLC now owns 5,739 shares of the semiconductor company’s stock valued at $598,000 after acquiring an additional 95 shares in the last quarter. Quadrant Capital Group LLC lifted its position in shares of Cirrus Logic by 3.3% during the 2nd quarter. Quadrant Capital Group LLC now owns 3,394 shares of the semiconductor company’s stock valued at $354,000 after acquiring an additional 107 shares during the period. MML Investors Services LLC lifted its position in shares of Cirrus Logic by 2.0% during the 2nd quarter. MML Investors Services LLC now owns 6,625 shares of the semiconductor company’s stock valued at $691,000 after acquiring an additional 129 shares during the period. Finally, Stonegate Investment Group LLC grew its holdings in shares of Cirrus Logic by 6.2% during the 3rd quarter. Stonegate Investment Group LLC now owns 2,298 shares of the semiconductor company’s stock worth $288,000 after purchasing an additional 134 shares in the last quarter. 87.96% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

CRUS has been the subject of a number of analyst reports. Benchmark boosted their price target on Cirrus Logic from $150.00 to $160.00 and gave the company a “buy” rating in a research note on Wednesday, February 4th. Wall Street Zen lowered shares of Cirrus Logic from a “strong-buy” rating to a “buy” rating in a report on Saturday, November 8th. Stifel Nicolaus raised their target price on shares of Cirrus Logic from $150.00 to $163.00 and gave the company a “buy” rating in a report on Wednesday, February 4th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Cirrus Logic in a report on Monday, December 29th. Finally, Williams Trading set a $150.00 price target on shares of Cirrus Logic in a research report on Wednesday, November 5th. One investment analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Cirrus Logic has an average rating of “Moderate Buy” and an average price target of $145.43.

Trending Headlines about Cirrus Logic

Here are the key news stories impacting Cirrus Logic this week:

• Positive Sentiment: Zacks Research sharply raised near‑term and multi‑year EPS forecasts for CRUS, lifting multiple quarterly and full‑year estimates (examples: Q4 FY2026 to $1.41 from $0.69; Q1 FY2027 to $1.15 from $0.70; Q2 FY2027 to $2.56 from $2.08; Q3 FY2027 to $2.79 from $2.07). Zacks also raised FY2026 to $7.75 (from $6.31), FY2027 to $7.97 (from $6.08) and FY2028 to $7.95 (from $6.39) — a clear upgrade to the company’s forward earnings trajectory.
• Positive Sentiment: Zacks published a bullish style‑score/growth piece highlighting Cirrus Logic as a strong growth stock, which reinforces the analyst upgrade narrative and could support longer‑term investor interest. Read More.
• Neutral Sentiment: Reported short‑interest data for late Feb shows 0 shares and an implausible NaN increase (days‑to‑cover reported as 0.0). The data appears unreliable or incomplete and is unlikely to meaningfully explain price moves until corrected or corroborated by exchange filings.

Cirrus Logic Price Performance

Shares of Cirrus Logic stock opened at $141.12 on Friday. The company’s 50 day moving average price is $130.58 and its two-hundred day moving average price is $124.46. The firm has a market capitalization of $7.20 billion, a P/E ratio of 18.59 and a beta of 1.12. Cirrus Logic, Inc. has a fifty-two week low of $75.83 and a fifty-two week high of $146.88.

Cirrus Logic (NASDAQ:CRUS) last announced its quarterly earnings results on Tuesday, February 3rd. The semiconductor company reported $2.97 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.37 by $0.60. Cirrus Logic had a net margin of 20.47% and a return on equity of 20.41%. The company had revenue of $580.62 million during the quarter, compared to the consensus estimate of $531.43 million. During the same period in the prior year, the business earned $2.51 earnings per share. The company’s revenue for the quarter was up 4.5% compared to the same quarter last year. On average, analysts expect that Cirrus Logic, Inc. will post 5.63 earnings per share for the current year.

Insider Buying and Selling at Cirrus Logic

In other news, EVP Scott Thomas sold 3,239 shares of Cirrus Logic stock in a transaction dated Friday, February 13th. The stock was sold at an average price of $141.63, for a total transaction of $458,739.57. Following the sale, the executive vice president directly owned 30,393 shares of the company’s stock, valued at approximately $4,304,560.59. This trade represents a 9.63% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO John Forsyth sold 21,806 shares of the business’s stock in a transaction dated Wednesday, February 4th. The stock was sold at an average price of $135.15, for a total value of $2,947,080.90. Following the sale, the chief executive officer owned 50,723 shares in the company, valued at approximately $6,855,213.45. This trade represents a 30.07% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders sold 28,045 shares of company stock worth $3,835,300. 1.16% of the stock is currently owned by insiders.

About Cirrus Logic

Cirrus Logic, Inc, headquartered in Austin, Texas, is a fabless semiconductor company specializing in high-precision analog and mixed-signal processing solutions. The firm develops low-power, high-performance audio, voice, and power management integrated circuits, serving prominent consumer electronics OEMs. Its semiconductor devices are designed to enhance audio quality, battery life, and system integration in mobile phones, tablets, wireless headsets and other portable devices.

The company’s product portfolio includes digital-to-analog converters (DACs), analog-to-digital converters (ADCs), audio codecs, power management ICs, voice processors and integrated amplifiers.