Cirrus Logic Executive Sells Shares, Significant Reduction in Holdings

2026-03-19 05:35:58

Justin E. Dougherty, EVP of Global Operations at Cirrus Logic, sold 3,000 shares for $429,000, representing a 33.80% reduction in his direct holdings. This transaction occurs despite the company reporting record net income of $403.87 million in Q1 2026 and an 18% stock price increase, raising investor questions about insider confidence. Analysts maintain a “Buy” or “Equal Weight” rating, with price targets ranging from $110 to $163.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

1 Likes