4,330 Shares in Silicon Laboratories, Inc. $SLAB Bought by Pacer Advisors Inc.

Pacer Advisors Inc. purchased a new position in shares of Silicon Laboratories, Inc. (NASDAQ:SLABFree Report) in the third quarter, HoldingsChannel reports. The fund purchased 4,330 shares of the semiconductor company’s stock, valued at approximately $568,000.

A number of other hedge funds have also modified their holdings of the company. Quarry LP purchased a new position in shares of Silicon Laboratories in the first quarter worth about $25,000. Jones Financial Companies Lllp boosted its position in Silicon Laboratories by 121.4% in 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. increased its holdings in Silicon Laboratories by 38.4% in the 1st quarter. Advisors Asset Management Inc. now owns 631 shares of the semiconductor company’s stock worth $71,000 after buying an additional 175 shares during the period. Canada Pension Plan Investment Board raised its position in 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 buying an additional 300 shares during the last quarter. Finally, Tidal Investments LLC acquired a new position in shares of Silicon Laboratories in the 2nd quarter valued at about $203,000.

Insider Transactions at Silicon Laboratories

In other Silicon Laboratories news, SVP Brandon Tolany sold 4,246 shares of the firm’s stock in a transaction that occurred on Thursday, December 4th. The stock was sold at an average price of $140.17, for a total value of $595,161.82. Following the sale, the senior vice president directly owned 62,381 shares of the company’s stock, valued at approximately $8,743,944.77. This trade represents a 6.37% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 1.60% of the company’s stock.

Analysts Set New Price Targets

Separately, Weiss Ratings restated a “sell (d-)” rating on shares of Silicon Laboratories in a research note on Monday, December 29th. Four analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Silicon Laboratories presently has an average rating of “Hold” and an average price target of $153.43.

Read Our Latest Research Report on Silicon Laboratories

Silicon Laboratories Stock Performance

SLAB stock opened at $131.93 on Friday. Silicon Laboratories, Inc. has a one year low of $82.82 and a one year high of $160.00. The firm’s fifty day moving average is $130.73 and its 200 day moving average is $134.60. The firm has a market cap of $4.33 billion, a PE ratio of -49.97 and a beta of 1.55.

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

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.

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

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