One Capital Management LLC Buys 4,946 Shares of Cirrus Logic, Inc. $CRUS

One Capital Management LLC raised its stake in Cirrus Logic, Inc. (NASDAQ:CRUS) by 42.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 16,508 shares of the semiconductor company’s stock after acquiring an additional 4,946 shares during the quarter. One Capital Management LLC’s holdings in Cirrus Logic were worth $1,956,000 at the end of the most recent reporting period.

Other large investors have also recently bought and sold shares of the company. Kohmann Bosshard Financial Services LLC bought a new position in Cirrus Logic in the 4th quarter valued at about $33,000. Torren Management LLC bought a new stake in shares of Cirrus Logic in the fourth quarter valued at about $35,000. Abich Financial Wealth Management LLC bought a new stake in shares of Cirrus Logic in the third quarter valued at about $46,000. Rothschild Investment LLC bought a new stake in shares of Cirrus Logic in the third quarter valued at about $48,000. Finally, Geneos Wealth Management Inc. raised its stake in Cirrus Logic by 95.1% in the 1st quarter. Geneos Wealth Management Inc. now owns 476 shares of the semiconductor company’s stock worth $47,000 after purchasing an additional 232 shares in the last quarter. 87.96% of the stock is owned by institutional investors.

Cirrus Logic Stock Performance

NASDAQ CRUS opened at $170.62 on Wednesday. The firm’s fifty day moving average price is $160.79 and its two-hundred day moving average price is $139.67. The stock has a market cap of $8.63 billion, a PE ratio of 21.76 and a beta of 1.15. Cirrus Logic, Inc. has a fifty-two week low of $92.02 and a fifty-two week high of $180.42.

Cirrus Logic (NASDAQ:CRUS) last posted its earnings results on Wednesday, May 6th. The semiconductor company reported $1.95 earnings per share for the quarter, topping analysts’ consensus estimates of $1.76 by $0.19. The firm had revenue of $448.52 million for the quarter, compared to analysts’ expectations of $442.26 million. Cirrus Logic had a net margin of 20.75% and a return on equity of 20.48%. The company’s revenue was up 5.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.67 earnings per share. As a group, sell-side analysts predict that Cirrus Logic, Inc. will post 8.05 earnings per share for the current fiscal year.

Insider Activity at Cirrus Logic

In other Cirrus Logic news, EVP Justin E. Dougherty sold 2,000 shares of the business’s stock in a transaction on Thursday, May 21st. The shares were sold at an average price of $166.50, for a total transaction of $333,000.00. Following the sale, the executive vice president owned 4,537 shares of the company’s stock, valued at approximately $755,410.50. The trade was a 30.60% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO John Forsyth sold 5,000 shares of the business’s stock in a transaction on Friday, May 8th. The stock was sold at an average price of $170.41, for a total transaction of $852,050.00. Following the sale, the chief executive officer directly owned 70,016 shares in the company, valued at approximately $11,931,426.56. The trade was a 6.67% 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. In the last ninety days, insiders sold 17,942 shares of company stock worth $2,935,864. Corporate insiders own 1.16% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have recently weighed in on CRUS. Benchmark lifted their price target on shares of Cirrus Logic from $150.00 to $160.00 and gave the company a “buy” rating in a research report on Wednesday, February 4th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Cirrus Logic in a research report on Friday, March 27th. Stifel Nicolaus set a $197.00 price target on shares of Cirrus Logic in a research report on Thursday, May 7th. KeyCorp lifted their price target on shares of Cirrus Logic from $175.00 to $200.00 and gave the company an “overweight” rating in a research report on Thursday, May 7th. Finally, Barclays lifted their price target on shares of Cirrus Logic from $120.00 to $140.00 and gave the company an “equal weight” rating in a research report on Thursday, May 7th. Four equities research analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $161.71.

Cirrus Logic News Roundup

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

• Positive Sentiment: Zacks Research raised multiple forward earnings estimates for Cirrus Logic, including FY2027 to $8.08 per share, FY2028 to $8.53, and FY2029 to $8.58, suggesting a better long-term earnings outlook. Cirrus Logic stock page
• Positive Sentiment: Analysts also increased near-term estimates for Q1 2027, Q4 2027, Q1 2028, and Q3 2028, signaling confidence that earnings momentum could continue over the next several quarters. Cirrus Logic stock page
• Neutral Sentiment: Zacks Research kept a Hold rating on Cirrus Logic, which tempers the bullish impact of the higher estimates and suggests analysts still see limited near-term upside from current levels. Cirrus Logic stock page
• Negative Sentiment: Not all revisions were positive: Zacks Research cut its Q2 2027 and Q3 2027 EPS estimates slightly, indicating some quarter-to-quarter variability in the outlook. Cirrus Logic stock page

Cirrus Logic Profile

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.