Silicon Laboratories (NASDAQ:SLAB) Raised to Hold at Royal Bank Of Canada

Silicon Laboratories (NASDAQ:SLABGet Free Report) was upgraded by equities researchers at Royal Bank Of Canada to a “hold” rating in a report issued on Wednesday,Zacks.com reports.

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Silicon Laboratories in a research note on Monday, December 29th. Four research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Silicon Laboratories presently has an average rating of “Hold” and a consensus target price of $154.25.

Read Our Latest Research Report on SLAB

Silicon Laboratories Stock Up 2.5%

Silicon Laboratories stock opened at $152.82 on Wednesday. Silicon Laboratories has a 52-week low of $82.82 and a 52-week high of $160.00. The company has a market cap of $5.02 billion, a P/E ratio of -57.89 and a beta of 1.55. The business has a 50-day simple moving average of $133.45 and a two-hundred day simple moving average of $134.76.

Silicon Laboratories (NASDAQ:SLABGet Free Report) last issued its quarterly earnings data 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 for the quarter, compared to analysts’ expectations 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. Research analysts anticipate that Silicon Laboratories will post -0.97 EPS for the current fiscal year.

Insiders Place Their Bets

In other Silicon Laboratories news, SVP Brandon Tolany sold 4,246 shares of the firm’s stock in a transaction dated Thursday, December 4th. The stock was sold at an average price of $140.17, for a total transaction of $595,161.82. Following the sale, the senior vice president directly owned 62,381 shares of the company’s stock, valued at $8,743,944.77. This trade represents a 6.37% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Nina Richardson sold 1,355 shares of the business’s stock in a transaction dated Tuesday, January 13th. The shares were sold at an average price of $149.00, for a total value of $201,895.00. Following the completion of the transaction, the director owned 8,543 shares in the company, valued at $1,272,907. The trade was a 13.69% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 7,555 shares of company stock worth $1,073,528. 1.60% of the stock is owned by corporate insiders.

Institutional Trading of Silicon Laboratories

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. SG Americas Securities LLC boosted its stake in Silicon Laboratories by 836.3% in the 4th quarter. SG Americas Securities LLC now owns 49,934 shares of the semiconductor company’s stock worth $6,526,000 after purchasing an additional 44,601 shares during the period. Diversified Trust Co. lifted its holdings in shares of Silicon Laboratories by 52.5% in the fourth quarter. Diversified Trust Co. now owns 5,676 shares of the semiconductor company’s stock worth $742,000 after buying an additional 1,955 shares in the last quarter. Wealth Enhancement Advisory Services LLC lifted its holdings in shares of Silicon Laboratories by 3.4% in the fourth quarter. Wealth Enhancement Advisory Services LLC now owns 4,284 shares of the semiconductor company’s stock worth $560,000 after buying an additional 142 shares in the last quarter. Avior Wealth Management LLC boosted its position in shares of Silicon Laboratories by 36.0% during the fourth quarter. Avior Wealth Management LLC now owns 3,031 shares of the semiconductor company’s stock worth $396,000 after acquiring an additional 803 shares during the last quarter. Finally, Tudor Investment Corp ET AL purchased a new position in Silicon Laboratories during the third quarter valued at $4,718,000.

Silicon Laboratories Company Profile

(Get 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.

Further Reading

Analyst Recommendations for Silicon Laboratories (NASDAQ:SLAB)

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