Creative Planning Increases Position in Silicon Laboratories, Inc. $SLAB

Creative Planning lifted its position in shares of Silicon Laboratories, Inc. (NASDAQ:SLAB) by 36.4% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 14,321 shares of the semiconductor company’s stock after buying an additional 3,820 shares during the period. Creative Planning’s holdings in Silicon Laboratories were worth $2,110,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Quarry LP purchased a new position in Silicon Laboratories in the 1st quarter worth $25,000. Skandinaviska Enskilda Banken AB publ bought a new position in shares of Silicon Laboratories during the first quarter valued at about $34,000. Jones Financial Companies Lllp increased its holdings in shares of Silicon Laboratories by 121.4% in the first quarter. Jones Financial Companies Lllp now owns 496 shares of the semiconductor company’s stock worth $56,000 after buying an additional 272 shares during the period. Advisors Asset Management Inc. lifted its stake in shares of Silicon Laboratories by 38.4% in the 1st quarter. Advisors Asset Management Inc. now owns 631 shares of the semiconductor company’s stock valued at $71,000 after acquiring an additional 175 shares during the last quarter. Finally, Caitong International Asset Management Co. Ltd bought a new stake in shares of Silicon Laboratories in the 1st quarter valued at about $77,000.

Insider Buying and Selling at Silicon Laboratories

In other Silicon Laboratories news, SVP Brandon Tolany sold 1,800 shares of Silicon Laboratories stock in a transaction on Friday, August 29th. The shares were sold at an average price of $133.57, for a total value of $240,426.00. Following the sale, the senior vice president directly owned 62,328 shares in the company, valued at approximately $8,325,150.96. The trade was a 2.81% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 1.60% of the company’s stock.

Silicon Laboratories Stock Up 2.0%

Shares of NASDAQ:SLAB opened at $123.50 on Wednesday. The firm’s 50 day moving average price is $130.22 and its 200-day moving average price is $133.64. The stock has a market capitalization of $4.06 billion, a PE ratio of -38.35 and a beta of 1.55. Silicon Laboratories, Inc. has a twelve month low of $82.82 and a twelve month high of $160.00.

Silicon Laboratories (NASDAQ:SLAB) last announced its quarterly earnings data on Tuesday, November 4th. The semiconductor company reported $0.32 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.30 by $0.02. The company had revenue of $206.00 million during the quarter, compared to the consensus estimate of $205.04 million. Silicon Laboratories had a negative return on equity of 7.21% and a negative net margin of 14.88%. Silicon Laboratories has set its Q4 2025 guidance at 0.400-0.700 EPS. Analysts expect that Silicon Laboratories, Inc. will post -0.97 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

SLAB has been the topic of a number of analyst reports. Weiss Ratings restated a “sell (e+)” rating on shares of Silicon Laboratories in a research report on Wednesday, November 19th. Morgan Stanley dropped their price target on Silicon Laboratories from $157.00 to $144.00 and set an “equal weight” rating on the stock in a research report on Wednesday, August 6th. Finally, Barclays increased their price objective on Silicon Laboratories from $100.00 to $130.00 and gave the stock an “equal weight” rating in a report on Tuesday, August 5th. Four analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $153.43.

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.