Cirrus Logic (NASDAQ: CRUS) recently received a number of ratings updates from brokerages and research firms:
- 8/8/2026 – Cirrus Logic was downgraded by Wall Street Zen from “buy” to “hold”.
- 8/6/2026 – Cirrus Logic had its price target lowered by Stifel Nicolaus from $197.00 to $160.00. They now have a “buy” rating on the stock.
- 8/6/2026 – Cirrus Logic had its price target lowered by Barclays PLC from $140.00 to $130.00. They now have an “equal weight” rating on the stock.
- 8/6/2026 – Cirrus Logic had its price target lowered by KeyCorp from $190.00 to $170.00. They now have an “overweight” rating on the stock.
- 7/14/2026 – Cirrus Logic had its price target lowered by KeyCorp from $200.00 to $190.00. They now have an “overweight” rating on the stock.
- 6/24/2026 – Cirrus Logic had its “hold (c+)” rating reaffirmed by Weiss Ratings.
Insiders Place Their Bets
In other news, EVP Scott Thomas sold 1,300 shares of the company’s stock in a transaction that occurred on Wednesday, June 3rd. The shares were sold at an average price of $180.04, for a total value of $234,052.00. Following the transaction, the executive vice president directly owned 31,048 shares in the company, valued at approximately $5,589,881.92. This represents a 4.02% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, EVP Andrew Brannan sold 6,464 shares of the business’s stock in a transaction that occurred on Monday, June 29th. The shares were sold at an average price of $144.71, for a total value of $935,405.44. Following the completion of the sale, the executive vice president directly owned 7,203 shares in the company, valued at approximately $1,042,346.13. The trade was a 47.30% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 18,465 shares of company stock worth $2,891,169. Corporate insiders own 1.20% of the company’s stock.
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.
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