Quadrant Capital Group LLC raised its position in shares of Silicon Laboratories, Inc. (NASDAQ:SLAB – Free Report) by 222.7% in the second quarter, HoldingsChannel reports. The fund owned 4,931 shares of the semiconductor company’s stock after acquiring an additional 3,403 shares during the period. Quadrant Capital Group LLC’s holdings in Silicon Laboratories were worth $727,000 as of its most recent filing with the Securities & Exchange Commission.
Several other institutional investors and hedge funds also recently made changes to their positions in SLAB. Strs Ohio bought a new stake in Silicon Laboratories in the 1st quarter valued at $720,000. Creative Planning lifted its holdings in shares of Silicon Laboratories by 36.4% during the second quarter. Creative Planning now owns 14,321 shares of the semiconductor company’s stock worth $2,110,000 after buying an additional 3,820 shares in the last quarter. Lisanti Capital Growth LLC bought a new stake in shares of Silicon Laboratories in the second quarter valued at about $4,192,000. Atria Investments Inc bought a new stake in shares of Silicon Laboratories in the second quarter valued at about $305,000. Finally, Wealth Enhancement Advisory Services LLC grew its stake in shares of Silicon Laboratories by 51.0% in the second quarter. Wealth Enhancement Advisory Services LLC now owns 4,155 shares of the semiconductor company’s stock valued at $638,000 after acquiring an additional 1,404 shares in the last quarter.
Analyst Upgrades and Downgrades
Several analysts have weighed in on SLAB shares. Barclays lifted their price objective on shares of Silicon Laboratories from $100.00 to $130.00 and gave the stock an “equal weight” rating in a research note on Tuesday, August 5th. Morgan Stanley lowered their target price on shares of Silicon Laboratories from $157.00 to $144.00 and set an “equal weight” rating on the stock in a report on Wednesday, August 6th. Finally, Weiss Ratings reiterated a “sell (e+)” rating on shares of Silicon Laboratories in a research note on Tuesday, November 25th. Four analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $153.43.
Silicon Laboratories Stock Down 0.7%
SLAB stock opened at $126.64 on Tuesday. The company’s 50-day moving average price is $129.32 and its two-hundred day moving average price is $133.50. The firm has a market cap of $4.16 billion, a P/E ratio of -39.33 and a beta of 1.55. Silicon Laboratories, Inc. has a 12 month low of $82.82 and a 12 month high of $160.00.
Silicon Laboratories (NASDAQ:SLAB – Get Free Report) last issued its quarterly earnings results on Tuesday, November 4th. The semiconductor company reported $0.32 earnings per share for the quarter, topping 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 net margin of 14.88% and a negative return on equity of 7.21%. Silicon Laboratories has set its Q4 2025 guidance at 0.400-0.700 EPS. Equities analysts predict that Silicon Laboratories, Inc. will post -0.97 EPS for the current year.
Silicon Laboratories Company Profile
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.
Featured Stories
- Five stocks we like better than Silicon Laboratories
- What Are Treasury Bonds?
- Up Over 20% in 2025, These 3 Stocks Are Boosting Buyback Capacity
- What is a Dividend Harvesting Strategy and How Can Investors Profit from it?
- Congress Beat the Market Again—Here Are the 3 Stocks They Bought
- 5 Top Rated Dividend Stocks to Consider
- Go on a Shopping Spree With 3 Top Retail ETFs
Want to see what other hedge funds are holding SLAB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Silicon Laboratories, Inc. (NASDAQ:SLAB – Free Report).
Receive News & Ratings for Silicon Laboratories Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Silicon Laboratories and related companies with MarketBeat.com's FREE daily email newsletter.
