Insider Trading Alert - CRUS, CNC And LVLT Traded By Insiders

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer.

Yesterday, May 6, 2015, 74 U.S. common stocks issued filings of shares being bought or sold by insiders. The transactions ranged in value from $199.44 to $8,899,995.42.

Highlighted Stocks Traded by Insiders:

Cirrus Logic (CRUS) - FREE Research Report

Sherman William D, who is Director at Cirrus Logic, sold 280 shares at $35.80 on May 6, 2015. Following this transaction, the Director owned 12,154 shares meaning that the stake was reduced by 2.25% with the 280-share transaction.

The shares most recently traded at $35.79, down $0.01, or 0.03% since the insider transaction. Historical insider transactions for Cirrus Logic go as follows:

  • 4-Week # shares bought: 5,000
  • 4-Week # shares sold: 312
  • 12-Week # shares bought: 5,000
  • 12-Week # shares sold: 25,089
  • 24-Week # shares bought: 5,000
  • 24-Week # shares sold: 47,988

The average volume for Cirrus Logic has been 1.1 million shares per day over the past 30 days. Cirrus Logic has a market cap of $2.2 billion and is part of the technology sector and electronics industry. Shares are up 47.69% year-to-date as of the close of trading on Wednesday.

Cirrus Logic, Inc., a fabless semiconductor company, develops analog and mixed-signal integrated circuits (ICs) for a range of consumer and industrial markets. The company has a P/E ratio of 13.0. Currently, there are 3 analysts who rate Cirrus Logic a buy, no analysts rate it a sell, and 3 rate it a hold.

Exclusive Offer: Get the latest Stock Analysis on CRUS - FREE

TheStreet Quant Ratings rates Cirrus Logic as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, increase in net income, solid stock price performance and growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Cirrus Logic Ratings Report from TheStreet Quant Ratings now.

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