9,087 Shares in Silicon Laboratories, Inc. $SLAB Acquired by Mitsubishi UFJ Trust & Banking Corp

Mitsubishi UFJ Trust & Banking Corp bought a new stake in shares of Silicon Laboratories, Inc. (NASDAQ:SLABFree Report) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 9,087 shares of the semiconductor company’s stock, valued at approximately $1,192,000.

A number of other institutional investors and hedge funds have also made changes to their positions in SLAB. First Horizon Corp purchased a new position in Silicon Laboratories in the third quarter valued at about $35,000. Mather Group LLC. bought a new stake in shares of Silicon Laboratories in the 3rd quarter valued at about $39,000. Jones Financial Companies Lllp grew its position in shares of Silicon Laboratories by 121.4% in the 1st 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 last quarter. Canada Pension Plan Investment Board raised its stake in shares of Silicon Laboratories by 75.0% during the 2nd 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, Advisors Asset Management Inc. lifted 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 valued at $109,000 after acquiring an additional 111 shares during the last quarter.

Silicon Laboratories Price Performance

SLAB stock opened at $142.45 on Friday. The firm’s fifty day simple moving average is $138.64 and its 200-day simple moving average is $134.77. Silicon Laboratories, Inc. has a 12 month low of $82.82 and a 12 month high of $160.00. The company has a market capitalization of $4.68 billion, a P/E ratio of -53.96 and a beta of 1.55.

Silicon Laboratories (NASDAQ:SLABGet Free Report) last posted its quarterly earnings results on Tuesday, November 4th. The semiconductor company reported $0.32 EPS for the quarter, beating the consensus estimate of $0.30 by $0.02. The company had revenue of $206.00 million for the quarter, compared to analyst estimates of $205.04 million. Silicon Laboratories had a negative net margin of 11.58% and a negative return on equity of 6.04%. Silicon Laboratories has set its Q4 2025 guidance at 0.400-0.700 EPS. As a group, sell-side analysts forecast that Silicon Laboratories, Inc. will post -0.97 earnings per share for the current year.

Insider Activity at Silicon Laboratories

In other news, SVP Brandon Tolany sold 4,246 shares of Silicon Laboratories stock in a transaction that occurred on Thursday, December 4th. The shares were sold at an average price of $140.17, for a total transaction of $595,161.82. Following the completion of the transaction, the senior vice president directly owned 62,381 shares of the company’s stock, valued at $8,743,944.77. The trade was a 6.37% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Nina Richardson sold 1,355 shares of the stock in a transaction on Tuesday, January 13th. The stock was sold at an average price of $149.00, for a total transaction of $201,895.00. Following the sale, the director directly owned 8,543 shares in the company, valued at $1,272,907. This trade represents a 13.69% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 7,555 shares of company stock valued at $1,073,528. 1.60% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

SLAB has been the topic of a number of recent analyst reports. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Silicon Laboratories in a research report on Monday, December 29th. Royal Bank Of Canada initiated coverage on Silicon Laboratories in a research report on Thursday, January 15th. They set a “sector perform” rating and a $160.00 target price on the stock. Four investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Silicon Laboratories has an average rating of “Hold” and an average price target of $154.25.

Read Our Latest Analysis on SLAB

About Silicon Laboratories

(Free Report)

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.

See Also

Institutional Ownership by Quarter for Silicon Laboratories (NASDAQ:SLAB)

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