Analyst Downgrades – Cirrus Logic (NASDAQ:CRUS) Stock Gets Downgraded By Barclays PLC from Equal Weight to Underweight

ME Staff
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Analyst Ratings For Cirrus Logic (NASDAQ:CRUS)

Today, Cirrus Logic (NASDAQ:CRUS) stock was downgraded by Barclays PLC from Equal Weight to Underweight with a price target of $55.00.

There are 1 sell rating, 3 hold ratings, 8 buy ratings on the stock.

The current consensus rating on Cirrus Logic (NASDAQ:CRUS) is Buy (Score: 2.58) with a consensus target price of $69.18 per share, a potential 5.93% upside.

Some recent analyst ratings include

  • 7/18/2017-Barclays PLC was Downgraded by analysts at Barclays PLC from a “Equal Weight ” rating to a ” Underweight” rating. They now have a $55.00 price target on the stock.
  • 7/12/2017-KeyCorp Reiterated Rating of Overweight.
  • 6/21/2017-Pacific Crest Reiterated Rating of Overweight.
  • 6/1/2017-Needham & Company LLC Reiterated Rating of Buy.
  • 3/6/2017-Canaccord Genuity Reiterated Rating of Buy.

Recent Insider Trading Activity For Cirrus Logic (NASDAQ:CRUS)
Cirrus Logic (NASDAQ:CRUS) has insider ownership of 1.92% and institutional ownership of 94.91%.

  • On 7/3/2017 William D Sherman, Director, sold 160 with an average share price of $63.51 per share and the total transaction amounting to $10,161.60. View SEC Filing
  • On 6/2/2017 William D Sherman, Director, sold 148 with an average share price of $68.12 per share and the total transaction amounting to $10,081.76. View SEC Filing
  • On 5/16/2017 Scott Arnold Anderson, VP, sold 22,466 with an average share price of $64.62 per share and the total transaction amounting to $1,451,752.92. View SEC Filing
  • On 5/15/2017 Scott Arnold Anderson, VP, sold 17,466 with an average share price of $64.20 per share and the total transaction amounting to $1,121,317.20. View SEC Filing
  • On 5/8/2017 Christine King, Director, sold 7,000 with an average share price of $63.73 per share and the total transaction amounting to $446,110.00. View SEC Filing
  • On 5/8/2017 Randolph K Carlson, VP, sold 30,000 with an average share price of $63.12 per share and the total transaction amounting to $1,893,600.00. View SEC Filing
  • On 5/4/2017 Bradley J Fluke, VP, sold 19,459 with an average share price of $64.48 per share and the total transaction amounting to $1,254,716.32. View SEC Filing

Recent Trading Activity for Cirrus Logic (NASDAQ:CRUS)
Shares of Cirrus Logic closed the previous trading session at 61.23 down -4.07 -6.23% with 432,306 shares trading hands.