![]() The shares were sold at an average price of $84.74, for a total value of $84,740.00. Davern sold 1,000 shares of the stock in a transaction that occurred on Monday, August 8th. In other Cirrus Logic news, Director Alexander M. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. ![]() Following the completion of the sale, the director now directly owns 18,875 shares of the company’s stock, valued at approximately $1,599,467.50. Davern sold 1,000 shares of the company’s stock in a transaction that occurred on Monday, August 8th. Shares buyback plans are often an indication that the company’s leadership believes its shares are undervalued. This buyback authorization allows the semiconductor company to buy up to 10.7% of its shares through open market purchases. Get Cirrus Logic alerts:Ĭirrus Logic announced that its Board of Directors has authorized a share repurchase plan on Tuesday, August 2nd that allows the company to buyback $500.00 million in shares. According to MarketBeat, the company presently has an average rating of Moderate Buy and an average target price of $102.60. One investment analyst has rated the stock with a sell rating and eight have assigned a buy rating to the stock. ![]() Finally, Barclays cut their target price on Cirrus Logic from $120.00 to $105.00 and set an overweight rating on the stock in a research report on Monday, July 25th. ![]() Needham & Company LLC upped their price objective on Cirrus Logic from $85.00 to $97.00 and gave the company a buy rating in a report on Wednesday, August 3rd. Cowen upped their price objective on Cirrus Logic from $90.00 to $100.00 in a report on Wednesday, August 3rd. Susquehanna Bancshares lowered their target price on Cirrus Logic to $110.00 in a report on Monday, July 25th. Bank of America reduced their price objective on Cirrus Logic from $85.00 to $80.00 and set an underperform rating for the company in a research note on Wednesday, June 29th. lowered shares of Cirrus Logic ( NASDAQ:CRUS – Get Rating) from a strong-buy rating to a buy rating in a report issued on Monday morning.Ī number of other equities analysts have also weighed in on the company. ![]()
0 Comments
Leave a Reply. |