Y Intercept Hong Kong Ltd acquired a new stake in Silicon Laboratories, Inc. (NASDAQ:SLAB – Free Report) in the third quarter, HoldingsChannel reports. The fund acquired 18,478 shares of the semiconductor company’s stock, valued at approximately $2,423,000.
Several other institutional investors and hedge funds also recently made changes to their positions in the company. First Horizon Corp bought a new position in shares of Silicon Laboratories in the 3rd quarter worth about $35,000. Mather Group LLC. purchased a new position in shares of Silicon Laboratories in the 3rd quarter worth about $39,000. Jones Financial Companies Lllp grew its position in shares of Silicon Laboratories by 121.4% during the 1st quarter. Jones Financial Companies Lllp now owns 496 shares of the semiconductor company’s stock valued at $56,000 after acquiring an additional 272 shares during the period. Canada Pension Plan Investment Board grew its holdings in Silicon Laboratories by 75.0% during the second quarter. Canada Pension Plan Investment Board now owns 700 shares of the semiconductor company’s stock valued at $103,000 after purchasing an additional 300 shares during the period. Finally, Advisors Asset Management Inc. boosted its position in Silicon Laboratories by 17.6% during the second quarter. Advisors Asset Management Inc. now owns 742 shares of the semiconductor company’s stock worth $109,000 after purchasing an additional 111 shares during the period.
Insider Activity
In related news, SVP Brandon Tolany sold 1,954 shares of Silicon Laboratories stock in a transaction dated Friday, December 5th. The stock was sold at an average price of $141.49, for a total transaction of $276,471.46. Following the completion of the sale, the senior vice president owned 62,381 shares of the company’s stock, valued at $8,826,287.69. The trade was a 3.04% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Nina Richardson sold 1,355 shares of the firm’s stock in a transaction that occurred on Tuesday, January 13th. The shares were sold at an average price of $149.00, for a total value of $201,895.00. Following the completion of the sale, the director directly owned 8,543 shares in the company, valued at approximately $1,272,907. The trade was a 13.69% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 7,555 shares of company stock worth $1,073,528. Company insiders own 1.60% of the company’s stock.
Silicon Laboratories Trading Up 2.2%
Silicon Laboratories (NASDAQ:SLAB – Get Free Report) last released its quarterly earnings results on Tuesday, November 4th. The semiconductor company reported $0.32 EPS for the quarter, topping the consensus estimate of $0.30 by $0.02. Silicon Laboratories had a negative return on equity of 6.04% and a negative net margin of 11.58%.The company had revenue of $206.00 million during the quarter, compared to analyst estimates of $205.04 million. Silicon Laboratories has set its Q4 2025 guidance at 0.400-0.700 EPS. On average, analysts predict that Silicon Laboratories, Inc. will post -0.97 earnings per share for the current year.
Wall Street Analyst Weigh In
Several research firms have issued reports on SLAB. Weiss Ratings reiterated a “sell (d-)” rating on shares of Silicon Laboratories in a research note on Monday, December 29th. Royal Bank Of Canada assumed coverage on Silicon Laboratories in a research note on Thursday, January 15th. They issued a “sector perform” rating and a $160.00 price target on the stock. Four analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Silicon Laboratories presently has a consensus rating of “Hold” and a consensus target price of $154.25.
Check Out Our Latest Stock Report on Silicon Laboratories
About Silicon Laboratories
Silicon Laboratories (NASDAQ:SLAB) is a global semiconductor company that develops high-performance analog and mixed-signal integrated circuits, wireless system-on-chips (SoCs), microcontrollers, and radio frequency (RF) solutions. Its product portfolio is tailored to support the Internet of Things (IoT), infrastructure, industrial automation, consumer electronics, automotive, and energy markets. By combining silicon, software, and tools, Silicon Labs aims to accelerate development cycles and deliver low-power, highly integrated solutions that address demanding application requirements.
Founded in 1996 and headquartered in Austin, Texas, Silicon Labs has grown into a multinational organization with engineering and sales operations across North America, Europe, and Asia.
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