SCHEDULE: Vanguard Boosts Stake in Cirrus Logic to 12.9%

The Vanguard Group has reported a beneficial ownership of 12.9% in Cirrus Logic Inc., holding 6,622,431 shares of common stock.

Summary

• The Vanguard Group, an investment adviser, has filed an Amendment No. 16 to Schedule 13G regarding its beneficial ownership in Cirrus Logic Inc.
• As of the event date of September 30, 2025, The Vanguard Group beneficially owns 6,622,431 shares of Cirrus Logic Inc. Common Stock.
• This aggregate amount represents 12.90% of the class of securities.
• The Vanguard Group holds sole voting power over 0 shares and shared voting power over 311,667 shares.
• The firm has sole dispositive power over 6,245,006 shares and shared dispositive power over 377,425 shares.
• The securities were acquired and are held in the ordinary course of business, not for the purpose of changing or influencing control of Cirrus Logic Inc.

Sentiment

Score: 7

Explanation: The filing indicates a significant and stable institutional investment by The Vanguard Group, which is generally viewed positively as a sign of confidence in the company. There are no negative disclosures.

Positives

• The significant beneficial ownership by a major institutional investor like The Vanguard Group (12.9%) can be interpreted as a vote of confidence in Cirrus Logic Inc.'s long-term prospects.
• The acquisition of shares in the ordinary course of business, as certified by Vanguard, suggests a passive investment strategy rather than an activist one, which can provide stability.

Future Outlook

This filing does not contain any forward-looking statements or guidance from Cirrus Logic Inc. or The Vanguard Group regarding Cirrus Logic's future performance.

Management Comments

• Ashley Grim, Head of Global Fund Administration for The Vanguard Group, certified that the securities were acquired and are held in the ordinary course of business and not for the purpose or with the effect of changing or influencing the control of Cirrus Logic Inc.

Industry Context

This filing reflects a routine disclosure of significant institutional ownership, common among large asset managers like The Vanguard Group. Such filings provide transparency into the holdings of major investment firms, which can influence market perception of a company's stability and investment appeal within its sector.

Stakeholder Impact

• Shareholders: May view the significant institutional ownership by Vanguard as a positive indicator of long-term value and stability, potentially increasing investor confidence.
• Management: The stable, passive investment by a major institution like Vanguard typically signals a lack of immediate activist pressure, allowing management to focus on strategic execution.

Key Dates

Recommendation

The filing indicates a substantial and stable institutional ownership by The Vanguard Group, a major asset manager. While this is a positive signal of institutional confidence in Cirrus Logic Inc., a Schedule 13G filing primarily reports ownership and does not provide sufficient fundamental operational or financial data to warrant a 'buy' or 'sell' recommendation. Therefore, a 'hold' recommendation is appropriate, acknowledging the positive signal without implying a change in the company's underlying business performance.

Keywords

Cirrus Logic, Vanguard Group, Institutional Ownership, Beneficial Ownership, Common Stock, SEC Filing, Schedule 13G, Investment Adviser, Equity Stake