83,189 Shares in Silicon Laboratories, Inc. $SLAB Purchased by Assenagon Asset Management S.A.

Assenagon Asset Management S.A. acquired a new position in Silicon Laboratories, Inc. (NASDAQ:SLAB) during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 83,189 shares of the semiconductor company’s stock, valued at approximately $10,909,000. Assenagon Asset Management S.A. owned 0.25% of Silicon Laboratories as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently made changes to their positions in SLAB. Quarry LP bought a new stake in shares of Silicon Laboratories in the 1st quarter worth approximately $25,000. Jones Financial Companies Lllp raised its stake in Silicon Laboratories by 121.4% during the first quarter. Jones Financial Companies Lllp now owns 496 shares of the semiconductor company’s stock valued at $56,000 after buying an additional 272 shares during the last quarter. Advisors Asset Management Inc. boosted its holdings in Silicon Laboratories by 38.4% in the first quarter. Advisors Asset Management Inc. now owns 631 shares of the semiconductor company’s stock worth $71,000 after acquiring an additional 175 shares in the last quarter. Canada Pension Plan Investment Board boosted its holdings in Silicon Laboratories by 75.0% in the second quarter. Canada Pension Plan Investment Board now owns 700 shares of the semiconductor company’s stock worth $103,000 after acquiring an additional 300 shares in the last quarter. Finally, Tidal Investments LLC purchased a new stake in shares of Silicon Laboratories in the second quarter worth $203,000.

Analyst Ratings Changes

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Silicon Laboratories in a research report on Monday, December 8th. Four equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of $153.43.

Insiders Place Their Bets

In other Silicon Laboratories news, SVP Brandon Tolany sold 4,246 shares of the company’s stock in a transaction dated Thursday, December 4th. The shares were sold at an average price of $140.17, for a total transaction of $595,161.82. Following the transaction, the senior vice president owned 62,381 shares in the company, valued at approximately $8,743,944.77. This represents a 6.37% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 1.60% of the company’s stock.

Silicon Laboratories Trading Up 0.4%

SLAB stock opened at $135.03 on Friday. The stock’s 50 day simple moving average is $130.94 and its 200 day simple moving average is $134.71. Silicon Laboratories, Inc. has a 12-month low of $82.82 and a 12-month high of $160.00. The stock has a market capitalization of $4.44 billion, a PE ratio of -51.15 and a beta of 1.56.

Silicon Laboratories (NASDAQ:SLAB) last posted its quarterly earnings results on Tuesday, November 4th. The semiconductor company reported $0.32 earnings per share for the quarter, topping the consensus estimate of $0.30 by $0.02. The firm had revenue of $206.00 million during the quarter, compared to analysts’ expectations of $205.04 million. Silicon Laboratories had a negative return on equity of 6.04% and a negative net margin of 11.58%.Silicon Laboratories has set its Q4 2025 guidance at 0.400-0.700 EPS. On average, research analysts predict that Silicon Laboratories, Inc. will post -0.97 earnings per share for the current year.

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.