EVP Brannan Andrew sold 8,913 shares of CRUS at blended average $119.06, reducing holdings by 60.0% to 5,950 shares
Brannan Andrew (EVP, Worldwide Sales) executed 3 separate sales totaling 8,913 shares for $1,061,184.42 at prices ranging from $117.44 to $119.39, materially reducing his stake from 14,863 shares to 5,950 shares. The sale occurred at prices ($117.44 and $119.39) near the current price of $115.51, which is -14.4% from the 52-week high of $135.01. This substantial reduction—60.0% of prior holdings—by a senior sales executive warrants attention given his direct visibility into revenue performance, though the company remains fundamentally healthy with $561.0M quarterly revenue, $131.6M net income, and a reasonable 15.53 P/E ratio. No schedule or event flags are provided, so the timing and motivation of this concentrated divestiture require further investigation.