Cirrus Logic EVP Offloads $429K in Stock Amid Wave of Executive Transactions

The Motley FoolThe Motley Fool
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Key Takeaway

Cirrus Logic EVP sells $429K in stock amid strong earnings. Multiple executives engage in routine transactions, with the company's shares up 18% year-to-date.

Cirrus Logic EVP Offloads $429K in Stock Amid Wave of Executive Transactions

Cirrus Logic's Executive Vice President Justin Dougherty divested 3,000 shares valued at approximately $429,000 on February 11, 2026, marking one of several insider transactions at the audio chipmaker during the period. The sale occurred shortly after the company reported strong third-quarter 2026 results, which featured record net income and earnings per share figures.

Dougherty's transaction was part of a broader pattern of executive activity at Cirrus Logic, with at least nine company officers engaging in share transactions around the same timeframe. The majority of these trades involved pre-scheduled stock option or restricted unit vestings rather than discretionary sales, which are typical for executive compensation structures.

Circus Logic's stock has appreciated 18 percent year-to-date through 2026, reflecting investor confidence in the company's financial trajectory. The company's recent earnings performance has demonstrated sustained profitability and operational strength in its core business segments.

Source: The Motley Fool

Back to newsPublished Feb 22

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