Silicon Laboratories (SLAB) SVP Sells $13,100.00 in Stock

Silicon Laboratories (NASDAQ:SLAB) SVP Sandeep P. Kumar sold 131 shares of the business’s stock in a transaction that occurred on Friday, January 26th. The shares were sold at an average price of $100.00, for a total value of $13,100.00. Following the transaction, the senior vice president now directly owns 42,112 shares in the company, valued at approximately $4,211,200. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Shares of Silicon Laboratories (SLAB) traded down $1.60 during trading on Monday, reaching $98.40. The company’s stock had a trading volume of 317,312 shares, compared to its average volume of 238,801. The company has a market cap of $4,256.51, a P/E ratio of 58.92, a PEG ratio of 2.58 and a beta of 1.37. The company has a quick ratio of 5.20, a current ratio of 5.66 and a debt-to-equity ratio of 0.40. Silicon Laboratories has a 12 month low of $64.60 and a 12 month high of $100.00.

Several research firms have recently weighed in on SLAB. B. Riley reissued a “buy” rating on shares of Silicon Laboratories in a research report on Monday. Drexel Hamilton reissued a “buy” rating and set a $103.00 target price (up previously from $85.00) on shares of Silicon Laboratories in a research report on Wednesday, October 25th. Roth Capital boosted their target price on Silicon Laboratories from $85.00 to $100.00 and gave the company a “buy” rating in a research report on Tuesday, October 24th. BidaskClub downgraded Silicon Laboratories from a “buy” rating to a “hold” rating in a research report on Wednesday, December 27th. Finally, Needham & Company LLC reissued a “buy” rating and set a $110.00 target price on shares of Silicon Laboratories in a research report on Monday, December 11th. Two research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. Silicon Laboratories presently has an average rating of “Buy” and an average target price of $100.89.

Institutional investors have recently made changes to their positions in the business. Dimensional Fund Advisors LP grew its position in Silicon Laboratories by 0.4% in the 3rd quarter. Dimensional Fund Advisors LP now owns 895,422 shares of the semiconductor company’s stock valued at $71,546,000 after acquiring an additional 3,229 shares during the last quarter. TCW Group Inc. grew its position in Silicon Laboratories by 164.9% in the 3rd quarter. TCW Group Inc. now owns 229,473 shares of the semiconductor company’s stock valued at $18,335,000 after acquiring an additional 142,832 shares during the last quarter. Copper Rock Capital Partners LLC grew its position in Silicon Laboratories by 3.6% in the 4th quarter. Copper Rock Capital Partners LLC now owns 449,848 shares of the semiconductor company’s stock valued at $40,014,000 after acquiring an additional 15,594 shares during the last quarter. Osterweis Capital Management Inc. bought a new position in Silicon Laboratories in the 2nd quarter valued at $1,635,000. Finally, Schwab Charles Investment Management Inc. grew its position in Silicon Laboratories by 2.8% in the 3rd quarter. Schwab Charles Investment Management Inc. now owns 240,439 shares of the semiconductor company’s stock valued at $19,212,000 after acquiring an additional 6,525 shares during the last quarter. 90.68% of the stock is currently owned by institutional investors.

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Silicon Laboratories Company Profile

Silicon Laboratories Inc is a provider of silicon, software and solutions for the Internet of Things (IoT), Internet infrastructure, industrial, consumer and automotive markets. The Company operates through mixed-signal analog intensive products segment. It provides analog-intensive, mixed-signal solutions for use in a range of electronic products in various applications for the IoT market.

Insider Buying and Selling by Quarter for Silicon Laboratories (NASDAQ:SLAB)

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