Allianz Asset Management GmbH Has $100.76 Million Stock Holdings in Cirrus Logic, Inc. $CRUS

Allianz Asset Management GmbH lowered its stake in shares of Cirrus Logic, Inc. (NASDAQ:CRUS) by 1.8% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 804,232 shares of the semiconductor company’s stock after selling 14,911 shares during the period. Allianz Asset Management GmbH owned approximately 1.57% of Cirrus Logic worth $100,762,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently made changes to their positions in CRUS. Sei Investments Co. increased its position in Cirrus Logic by 4.6% in the 2nd quarter. Sei Investments Co. now owns 906,577 shares of the semiconductor company’s stock valued at $94,517,000 after buying an additional 40,149 shares in the last quarter. Norges Bank acquired a new stake in Cirrus Logic in the second quarter valued at approximately $68,744,000. DNB Asset Management AS grew its stake in Cirrus Logic by 124.1% in the second quarter. DNB Asset Management AS now owns 504,474 shares of the semiconductor company’s stock valued at $52,594,000 after acquiring an additional 279,398 shares during the period. Qube Research & Technologies Ltd increased its holdings in shares of Cirrus Logic by 11.9% during the second quarter. Qube Research & Technologies Ltd now owns 497,639 shares of the semiconductor company’s stock valued at $51,881,000 after acquiring an additional 52,774 shares in the last quarter. Finally, Jupiter Asset Management Ltd. raised its position in shares of Cirrus Logic by 59.8% during the second quarter. Jupiter Asset Management Ltd. now owns 460,580 shares of the semiconductor company’s stock worth $48,018,000 after purchasing an additional 172,312 shares during the period. Institutional investors own 87.96% of the company’s stock.

Cirrus Logic News Roundup

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

• Positive Sentiment: Q3 beat on both EPS and revenue — Cirrus reported $2.97 EPS (well above consensus) and $580.6M in revenue, +4.5% year-over-year, showing healthy margins and profitability that materially beat expectations. Earnings Report
• Positive Sentiment: Q4 revenue guide above consensus — management set revenue guidance of $410M–$470M for Q4, which is higher than the street’s cited $383.7M consensus, giving some support to near-term topline expectations. (Company guidance disclosure reported 2/3/2026.)
• Neutral Sentiment: Full earnings call / transcript available — management commentary and the slide deck contain detail on product mix, customer cadence and inventory assumptions; investors should scan the transcript/slides for sales mix and margin drivers. Call Transcript
• Neutral Sentiment: Market previews and analyst commentary signaled the beat before results — several previews highlighted CRUS as positioned to outpace Q4 estimates thanks to smartphone/laptop demand and AI-driven chip demand. Earnings Preview
• Negative Sentiment: Some commentary interpreted the quarter as a cautious look ahead — despite the beat, several outlets and the company’s tone were read as “guiding lower” on near-term momentum, which can weigh on sentiment and drive profit-taking. Guidance Coverage
• Negative Sentiment: Analyst downgrade — Loop Capital cut CRUS from Buy to Hold with a $130 target, adding near-term selling pressure from investors who track sell-side positioning. Analyst Downgrade
• Neutral Sentiment: Short-interest data published appears anomalous/flat (reported zeros); treat as unreliable until updated filings confirm actual short positioning.

Cirrus Logic Stock Performance

Shares of CRUS stock opened at $124.58 on Wednesday. The company has a market capitalization of $6.36 billion, a price-to-earnings ratio of 17.70 and a beta of 1.12. Cirrus Logic, Inc. has a 52-week low of $75.83 and a 52-week high of $136.92. The company has a 50-day simple moving average of $123.23 and a two-hundred day simple moving average of $119.64.

Cirrus Logic (NASDAQ:CRUS) last posted its earnings results on Tuesday, November 4th. The semiconductor company reported $2.83 EPS for the quarter, topping the consensus estimate of $2.32 by $0.51. Cirrus Logic had a net margin of 19.48% and a return on equity of 19.59%. The firm had revenue of $560.96 million for the quarter, compared to analysts’ expectations of $540.45 million. During the same quarter last year, the firm earned $2.25 EPS. The company’s quarterly revenue was up 3.5% compared to the same quarter last year. On average, sell-side analysts forecast that Cirrus Logic, Inc. will post 5.63 EPS for the current fiscal year.

Analysts Set New Price Targets

Several research firms recently issued reports on CRUS. KeyCorp lifted their price target on shares of Cirrus Logic from $135.00 to $150.00 and gave the company an “overweight” rating in a research report on Wednesday, November 5th. Zacks Research upgraded shares of Cirrus Logic from a “hold” rating to a “strong-buy” rating in a report on Monday, October 27th. Wall Street Zen cut shares of Cirrus Logic from a “strong-buy” rating to a “buy” rating in a report on Saturday, November 8th. Susquehanna boosted their target price on shares of Cirrus Logic from $140.00 to $155.00 and gave the stock a “positive” rating in a research report on Wednesday, October 22nd. Finally, Williams Trading set a $150.00 target price on shares of Cirrus Logic in a report on Wednesday, November 5th. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $140.71.

Insider Activity at Cirrus Logic

In other Cirrus Logic news, EVP Andrew Brannan sold 8,913 shares of the business’s stock in a transaction on Friday, November 14th. The stock was sold at an average price of $119.06, for a total value of $1,061,181.78. Following the transaction, the executive vice president owned 5,950 shares of the company’s stock, valued at approximately $708,407. The trade was a 59.97% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 1.16% of the company’s stock.

Cirrus Logic Company 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.