Shares buyback plans are generally an indication that the company’s leadership believes its stock is undervalued. This buyback authorization authorizes the semiconductor company to reacquire up to 10.7% of its shares through open market purchases. Get Cirrus Logic alerts:Ĭirrus Logic announced that its Board of Directors has initiated a share repurchase plan on Tuesday, August 2nd that authorizes the company to buyback $500.00 million in outstanding shares. 88.12% of the stock is currently owned by institutional investors. now owns 290,042 shares of the semiconductor company’s stock valued at $24,593,000 after buying an additional 35,421 shares during the last quarter. raised its holdings in Cirrus Logic by 13.9% during the 1st quarter. Finally, Fuller & Thaler Asset Management Inc. now owns 97,035 shares of the semiconductor company’s stock valued at $8,228,000 after buying an additional 414 shares during the last quarter. raised its holdings in Cirrus Logic by 0.4% during the 1st quarter. bought a new stake in Cirrus Logic during the 1st quarter valued at $314,000. Renaissance Technologies LLC now owns 116,520 shares of the semiconductor company’s stock valued at $9,880,000 after buying an additional 71,200 shares during the last quarter. Renaissance Technologies LLC raised its holdings in Cirrus Logic by 157.1% during the 1st quarter. Engineers Gate Manager LP now owns 13,213 shares of the semiconductor company’s stock valued at $1,120,000 after buying an additional 1,429 shares during the last quarter.

Engineers Gate Manager LP raised its holdings in Cirrus Logic by 12.1% during the 1st quarter. The institutional investor purchased 11,764 shares of the semiconductor company’s stock, valued at approximately $997,000.Ī number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company.

( NASDAQ:CRUS – Get Rating) in the first quarter, according to its most recent filing with the Securities and Exchange Commission. Echo Street Capital Management LLC purchased a new stake in shares of Cirrus Logic, Inc.

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