Silicon Laboratories, Inc. (NASDAQ:SLAB) Short Interest Down 18.8% in August

Silicon Laboratories, Inc. (NASDAQ:SLAB) was the target of a significant drop in short interest during the month of August. As of August 31st, there was short interest totaling 1,430,000 shares, a drop of 18.8% from the August 15th total of 1,760,000 shares. Based on an average daily trading volume, of 396,800 shares, the days-to-cover ratio is currently 3.6 days. Currently, 4.5% of the shares of the company are sold short. Currently, 4.5% of the shares of the company are sold short. Based on an average daily trading volume, of 396,800 shares, the days-to-cover ratio is currently 3.6 days.

Analyst Upgrades and Downgrades

SLAB has been the subject of a number of recent research reports. Susquehanna raised their target price on Silicon Laboratories from $110.00 to $150.00 and gave the stock a “neutral” rating in a research report on Tuesday, July 22nd. Benchmark reiterated a “buy” rating and issued a $160.00 price target on shares of Silicon Laboratories in a research report on Tuesday, May 27th. Morgan Stanley reduced their price target on Silicon Laboratories from $157.00 to $144.00 and set an “equal weight” rating for the company in a research report on Wednesday, August 6th. Stifel Nicolaus lifted their price target on Silicon Laboratories from $144.00 to $160.00 and gave the company a “buy” rating in a research report on Friday, July 18th. Finally, KeyCorp lifted their price target on Silicon Laboratories from $160.00 to $180.00 and gave the company an “overweight” rating in a research report on Tuesday, July 8th. Five investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to MarketBeat, Silicon Laboratories currently has an average rating of “Moderate Buy” and a consensus target price of $151.13.

Silicon Laboratories Price Performance

NASDAQ:SLAB opened at $137.18 on Friday. The firm has a market capitalization of $4.50 billion, a price-to-earnings ratio of -42.60 and a beta of 1.52. Silicon Laboratories has a one year low of $82.82 and a one year high of $160.00. The business has a fifty day moving average price of $135.31 and a 200-day moving average price of $126.40.

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

Insider Transactions at Silicon Laboratories

In other Silicon Laboratories news, SVP Brandon Tolany sold 1,800 shares of the firm’s stock in a transaction 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 completion of the sale, the senior vice president directly owned 62,328 shares of the company’s stock, 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 filing with the SEC, which is available through this link. Insiders sold 12,070 shares of company stock valued at $1,703,472 over the last three months. Company insiders own 1.60% of the company’s stock.

Institutional Investors Weigh In On Silicon Laboratories

A number of institutional investors have recently bought and sold shares of the business. Cooper Financial Group increased its stake in Silicon Laboratories by 1.9% in the 1st quarter. Cooper Financial Group now owns 5,354 shares of the semiconductor company’s stock worth $603,000 after buying an additional 98 shares in the last quarter. Oregon Public Employees Retirement Fund increased its stake in Silicon Laboratories by 1.5% in the 1st quarter. Oregon Public Employees Retirement Fund now owns 6,668 shares of the semiconductor company’s stock worth $751,000 after buying an additional 100 shares in the last quarter. State of Michigan Retirement System increased its stake in Silicon Laboratories by 1.3% in the 1st quarter. State of Michigan Retirement System now owns 7,797 shares of the semiconductor company’s stock worth $878,000 after buying an additional 100 shares in the last quarter. Securian Asset Management Inc. increased its stake in Silicon Laboratories by 4.2% in the 1st quarter. Securian Asset Management Inc. now owns 2,498 shares of the semiconductor company’s stock worth $281,000 after buying an additional 100 shares in the last quarter. Finally, Louisiana State Employees Retirement System increased its stake in Silicon Laboratories by 1.1% in the 1st quarter. Louisiana State Employees Retirement System now owns 9,100 shares of the semiconductor company’s stock worth $1,024,000 after buying an additional 100 shares in the last quarter.

About Silicon Laboratories

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.