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

GSA Capital Partners LLP trimmed its position in Cirrus Logic, Inc. (NASDAQ:CRUS) by 69.0% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor 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 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of CRUS. Hantz Financial Services Inc. lifted its position in shares of Cirrus Logic by 1,660.0% in the second quarter. Hantz Financial Services Inc. now owns 264 shares of the semiconductor company’s stock worth $28,000 after purchasing an additional 249 shares in the last quarter. Migdal Insurance & Financial Holdings Ltd. bought a new stake in Cirrus Logic during the 2nd quarter worth about $39,000. Abich Financial Wealth Management LLC bought a new stake in Cirrus Logic during the 3rd quarter worth about $46,000. Geneos Wealth Management Inc. boosted its stake in shares of Cirrus Logic by 95.1% during the 1st quarter. Geneos Wealth Management Inc. now owns 476 shares of the semiconductor company’s stock worth $47,000 after buying an additional 232 shares during the last quarter. Finally, Rothschild Investment LLC bought a new position in shares of Cirrus Logic in the 3rd quarter valued at about $48,000. Institutional investors and hedge funds own 87.96% of the company’s stock.

Insider Transactions at Cirrus Logic

In related news, EVP Scott Thomas sold 3,239 shares of Cirrus Logic stock in a transaction that occurred on Friday, February 13th. The stock was sold at an average price of $141.63, for a total transaction of $458,739.57. Following the completion of 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 position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO John Forsyth sold 21,806 shares of the business’s stock in a transaction on Wednesday, February 4th. The shares were sold at an average price of $135.15, for a total value of $2,947,080.90. Following the completion of the sale, the chief executive officer owned 50,723 shares of the company’s stock, valued at $6,855,213.45. This trade represents a 30.07% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 28,045 shares of company stock worth $3,835,300 over the last quarter. Company insiders own 1.16% of the company’s stock.

Cirrus Logic Price Performance

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

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

Cirrus Logic News Summary

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.

Analysts Set New Price Targets

Several research firms have weighed in on CRUS. Wall Street Zen cut Cirrus Logic from a “strong-buy” rating to a “buy” rating in a research note on Saturday, November 8th. Williams Trading set a $150.00 target price on shares of Cirrus Logic in a report on Wednesday, November 5th. Loop Capital lowered shares of Cirrus Logic from a “buy” rating to a “hold” rating and set a $130.00 price target on the stock. in a research report on Monday, February 2nd. Barclays increased their price target on shares of Cirrus Logic from $100.00 to $110.00 and gave the company an “equal weight” rating in a research note on Wednesday, February 4th. Finally, KeyCorp boosted their price objective on shares of Cirrus Logic from $135.00 to $150.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 5th. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $145.43.

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.