6,400 Shares in Silicon Laboratories, Inc. $SLAB Bought by Strs Ohio

Strs Ohio bought a new stake in Silicon Laboratories, Inc. (NASDAQ:SLAB) during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 6,400 shares of the semiconductor company’s stock, valued at approximately $720,000.

A number of other institutional investors and hedge funds have also recently made changes to their positions in SLAB. Ameriprise Financial Inc. grew its holdings in shares of Silicon Laboratories by 9.9% during the 4th quarter. Ameriprise Financial Inc. now owns 37,992 shares of the semiconductor company’s stock valued at $4,719,000 after purchasing an additional 3,436 shares during the last quarter. Cetera Investment Advisers boosted its position in Silicon Laboratories by 14.2% in the fourth quarter. Cetera Investment Advisers now owns 2,917 shares of the semiconductor company’s stock valued at $362,000 after buying an additional 362 shares in the last quarter. Millennium Management LLC grew its stake in shares of Silicon Laboratories by 27.3% during the fourth quarter. Millennium Management LLC now owns 3,438 shares of the semiconductor company’s stock worth $427,000 after buying an additional 738 shares during the last quarter. Man Group plc acquired a new position in shares of Silicon Laboratories during the fourth quarter worth $798,000. Finally, Quantinno Capital Management LP bought a new position in shares of Silicon Laboratories in the 4th quarter valued at $250,000.

Insider Activity at Silicon Laboratories

In other news, SVP Brandon Tolany sold 1,800 shares of the firm’s stock in a transaction that occurred on Friday, August 29th. The stock was sold at an average price of $133.57, for a total value of $240,426.00. Following the transaction, the senior vice president owned 62,328 shares in the company, valued at $8,325,150.96. This trade represents a 2.81% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders sold 12,070 shares of company stock valued at $1,703,472 over the last three months. Corporate insiders own 1.60% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on SLAB shares. Susquehanna boosted their price objective on Silicon Laboratories from $110.00 to $150.00 and gave the stock a “neutral” rating in a research report on Tuesday, July 22nd. KeyCorp boosted their price target on Silicon Laboratories from $160.00 to $180.00 and gave the stock an “overweight” rating in a report on Tuesday, July 8th. Benchmark reiterated a “buy” rating and issued a $160.00 price objective on shares of Silicon Laboratories in a report on Tuesday, May 27th. Stifel Nicolaus lifted their target price on shares of Silicon Laboratories from $144.00 to $160.00 and gave the stock a “buy” rating in a research report on Friday, July 18th. Finally, Barclays upped their price target on shares of Silicon Laboratories from $100.00 to $130.00 and gave the company an “equal weight” rating in a research report on Tuesday, August 5th. Five equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $151.13.

Silicon Laboratories Trading Down 2.9%

NASDAQ SLAB opened at $137.18 on Friday. The company has a market cap of $4.50 billion, a P/E ratio of -42.60 and a beta of 1.52. The company has a fifty day simple moving average of $135.31 and a 200 day simple moving average of $126.40. Silicon Laboratories, Inc. has a 12-month low of $82.82 and a 12-month high of $160.00.

Silicon Laboratories (NASDAQ:SLAB) last posted its earnings results on Tuesday, August 5th. The semiconductor company reported $0.11 EPS for the quarter, topping the consensus estimate of $0.09 by $0.02. Silicon Laboratories had a negative net margin of 14.88% and a negative return on equity of 7.21%. The company had revenue of $192.85 million during the quarter, compared to the consensus estimate of $192.57 million. During the same period in the previous year, the firm posted ($0.56) earnings per share. The firm’s revenue for the quarter was up 32.6% on a year-over-year basis. Silicon Laboratories has set its Q3 2025 guidance at 0.200-0.400 EPS. Sell-side analysts predict that Silicon Laboratories, Inc. will post -0.97 EPS for the current year.

Silicon Laboratories Company Profile

Silicon Laboratories Inc, a fabless semiconductor company, provides various analog-intensive mixed-signal solutions in the United States, China, Taiwan, and internationally. The company's products include wireless microcontrollers and sensor products. Its products are used in various electronic products in a range of applications for the industrial Internet of Things (IoT), including industrial automation and control, smart buildings, access control, HVAC control, and industrial wearables and power tools; smart cities applications, such as smart metering, smart street lighting, renewable energy, electric vehicle supply equipment, and smart agriculture; commercial IoT applications, including smart lighting, asset tracking, electronic shelf labels, theft protection, and enterprise access points; smart home applications, comprising home automation/security systems, smart speakers, smart lighting, HVAC control, smart cameras, smart appliances, smart home sensing, smart locks, and window/blind controls; and connected health applications, including diabetes management, consumer health and fitness, elderly care, patient monitoring, and activity tracking; as well as in commercial building automation, consumer electronics, and medical instrumentation.