Cirrus Logic EVP Sells 3000 Shares as Company Experiences High Executive Transactional Activity

After having strong earnings report recently, at least nine different executives at Cirrus Logic were involved in insider transactions, as the stock continues to grow. Justin E. Dougherty, EVP, Global Operations at Cirrus Logic (CRUS +1.21%), reported the sale of 3,000 shares of common stock on Feb. 11, 2026, for total proceeds of approximately $429,000, according to a SEC Form 4 filing. Transaction summaryMetricValueShares sold (direct)3,000Transaction value$429,480Post-transaction shares (direct)5,876Post-transaction value (direct ownership)$829,573.68Transaction value based on SEC Form 4 weighted average purchase price ($143.16). Post-transaction value based on the closing price of Feb. 11, 2026 (141.18). Key questionsWhat proportion of Dougherty’s remaining holdings does this transaction represent?This sale accounted for 33.80% of his direct holdings. Were any indirect entities or derivative securities involved in this transaction?No; the filing indicates the trade was executed solely from Dougherty’s direct account, with no participation from trusts or option exercises. Company overviewMetricValuePrice$142.14Market capitalization$7.25 billionRevenue (TTM)$1.97 billionNet income (TTM)$403.87 million* Price and is calculated using Feb. 21, 2026 as the reference date. ExpandNASDAQ: CRUSCirrus LogicToday's Change(1.21%) $1.70Current Price$141.99Key Data PointsMarket Cap$7.3BDay's Range$139.80 - $144.4452wk Range$75.83 - $146.88Volume22KAvg Vol576KGross Margin52.87%Company snapshotCirrus Logic is a fabless semiconductor provider that provides mixed-signal processing solutions and audio products such as audio codecs, smart codecs, boosted amplifiers, digital signal processors, and haptic drivers for consumer electronics, automotive, and industrial applications. It’s clientele spans across the world, especially in China and the U.S. What this transaction means for investorsDougherty was involved in transactions a week before this one, where he had performance-based restricted stock units that vested on Feb. 6. The stock units vested were a part of a performance program, in which the units vest based on a metric the company uses, so the additions were pre-determined. There were 5,462 shares added to his portfolio from the units that vested, and then 1,378 shares were disposed on behalf of the company to cover tax withholding requirements. There were at least eight other executives that were involved in transactions after the company had its Q3 2026 earnings report on Feb. 3, but most of the transactions involved stock options or stock units that were scheduled ahead of time to vest. However, it has been very convenient timing for those executives as Cirrus posted record numbers in net income and earnings per share (EPS). The stock is also up 18% in 2026 so far, after rising around that same amount for the entire year of 2025. With strong financials and stock performance, CRUS looks to have potential for substantial long-term growth. Read NextFeb 15, 2026 •By Harsh ChauhanApple Stock Is Interesting, but Here's What I'd Buy InsteadFeb 14, 2025 •By Harsh ChauhanIs It Finally Time to Buy This Incredibly Cheap Semiconductor Stock?Feb 5, 2025 •By Jon QuastWhy Cirrus Logic Stock Jumped TodayFeb 4, 2025 •By Motley Fool Markets TeamCirrus Logic Outperforms on Revenue, EPSNov 10, 2024 •By Harsh ChauhanThis Artificial Intelligence (AI) Stock Is Down 30% From Its 52-Week Highs: Is It Worth Buying Right Now?Nov 4, 2024 •By Motley Fool Markets TeamCirrus Logic Beats EPS ExpectationsStocks MentionedCirrus LogicNASDAQ: CRUS$141.99 (+1.21%) $+1.70*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.