Universal Beteiligungs und Servicegesellschaft mbH Has $12.30 Million Stake in Cirrus Logic, Inc. $CRUS

Universal Beteiligungs und Servicegesellschaft mbH reduced its stake in shares of Cirrus Logic, Inc. (NASDAQ:CRUS) by 1.4% in the 2nd quarter, Holdings Channel reports. The firm owned 117,960 shares of the semiconductor company’s stock after selling 1,680 shares during the quarter. Universal Beteiligungs und Servicegesellschaft mbH’s holdings in Cirrus Logic were worth $12,298,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Alberta Investment Management Corp raised its position in shares of Cirrus Logic by 45.9% during the second quarter. Alberta Investment Management Corp now owns 41,000 shares of the semiconductor company’s stock worth $4,274,000 after acquiring an additional 12,900 shares during the last quarter. Intech Investment Management LLC increased its position in Cirrus Logic by 50.8% during the 2nd quarter. Intech Investment Management LLC now owns 16,553 shares of the semiconductor company’s stock valued at $1,726,000 after purchasing an additional 5,574 shares during the period. Cetera Investment Advisers raised its holdings in Cirrus Logic by 6.1% during the 2nd quarter. Cetera Investment Advisers now owns 5,116 shares of the semiconductor company’s stock worth $533,000 after purchasing an additional 292 shares during the last quarter. Creative Planning lifted its position in shares of Cirrus Logic by 22.6% in the 2nd quarter. Creative Planning now owns 17,655 shares of the semiconductor company’s stock worth $1,841,000 after purchasing an additional 3,255 shares during the period. Finally, SG Americas Securities LLC lifted its position in shares of Cirrus Logic by 830.6% in the 2nd quarter. SG Americas Securities LLC now owns 11,754 shares of the semiconductor company’s stock worth $1,225,000 after purchasing an additional 10,491 shares during the period. Institutional investors own 87.96% of the company’s stock.

Cirrus Logic Price Performance

CRUS stock opened at $115.79 on Thursday. The company’s 50-day moving average is $124.09 and its 200-day moving average is $112.31. The stock has a market capitalization of $5.91 billion, a PE ratio of 18.12 and a beta of 1.11. Cirrus Logic, Inc. has a 1 year low of $75.83 and a 1 year high of $136.92.

Cirrus Logic (NASDAQ:CRUS) last posted its quarterly earnings results on Tuesday, November 4th. The semiconductor company reported $2.83 earnings per share for the quarter, topping analysts’ consensus estimates of $2.32 by $0.51. The business had revenue of $560.96 million for the quarter, compared to the consensus estimate of $540.45 million. Cirrus Logic had a return on equity of 18.38% and a net margin of 18.15%.The firm’s revenue for the quarter was up 3.5% on a year-over-year basis. During the same period in the prior year, the business earned $2.25 EPS. Cirrus Logic has set its Q3 2026 guidance at EPS. On average, analysts anticipate that Cirrus Logic, Inc. will post 5.63 earnings per share for the current fiscal year.

Insider Transactions at Cirrus Logic

In other Cirrus Logic news, EVP Denise Grode sold 2,202 shares of the company’s stock in a transaction on Monday, September 15th. The shares were sold at an average price of $116.87, for a total transaction of $257,347.74. Following the transaction, the executive vice president owned 5,698 shares in the company, valued at approximately $665,925.26. This represents a 27.87% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, EVP Jeffrey W. Baumgartner sold 10,000 shares of the firm’s stock in a transaction on Tuesday, September 2nd. The shares were sold at an average price of $111.78, for a total transaction of $1,117,800.00. Following the completion of the transaction, the executive vice president directly owned 14,001 shares in the company, valued at $1,565,031.78. This trade represents a 41.66% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 42,100 shares of company stock valued at $4,979,310 over the last ninety days. Company insiders own 1.16% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the stock. KeyCorp increased their price objective on shares of Cirrus Logic from $135.00 to $150.00 and gave the stock an “overweight” rating in a research report on Wednesday, November 5th. Williams Trading set a $150.00 price target on shares of Cirrus Logic in a research report on Wednesday, November 5th. Zacks Research raised Cirrus Logic from a “hold” rating to a “strong-buy” rating in a research report on Monday, October 27th. Wall Street Zen downgraded Cirrus Logic from a “strong-buy” rating to a “buy” rating in a research note on Saturday, November 8th. Finally, Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Cirrus Logic in a research note on Thursday, November 13th. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, Cirrus Logic currently has an average rating of “Moderate Buy” and an average price target of $141.67.

Cirrus Logic Profile

Cirrus Logic, Inc, a fabless semiconductor company, develops low-power high-precision mixed-signal processing solutions in China, the United States, and internationally. The company offers audio products, including amplifiers; codecs components that integrate analog-to-digital converters (ADCs) and digital-to-analog converters (DACs) into a single integrated circuit (IC); smart codecs, a codec with integrated digital signal processing; standalone digital signal processors; and SoundClear technology, which consists of a portfolio of tools, software, and algorithms that helps to enhance user experience with features, such as louder, high-fidelity sound, audio playback, voice capture, and hearing augmentation for use in smartphones, tablets, laptops, AR/VR headsets, home theater systems, automotive entertainment systems, and professional audio systems.