Dynamic Technology Lab Private Ltd Takes Position in Silicon Laboratories, Inc. $SLAB

Key Points

• Dynamic Technology Lab Private Ltd has invested approximately $983,000 in Silicon Laboratories by acquiring 8,730 shares of the semiconductor company's stock during the first quarter.
• Silicon Laboratories reported a significant year-over-year revenue increase of 32.6% in its most recent earnings report, along with adjusted earnings per share surpassing analysts' expectations.
• Wall Street analysts have mixed ratings for Silicon Laboratories, with five analysts giving a Buy rating and three a Hold rating, while the average price target is set at $151.13.

Dynamic Technology Lab Private Ltd bought a new stake in Silicon Laboratories, Inc. (NASDAQ:SLAB - Free Report) during the first quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 8,730 shares of the semiconductor company's stock, valued at approximately $983,000.

A number of other institutional investors have also modified their holdings of SLAB. Westfield Capital Management Co. LP acquired a new position in shares of Silicon Laboratories in the first quarter valued at approximately $37,249,000. Nuveen LLC acquired a new position in shares of Silicon Laboratories in the first quarter valued at approximately $32,338,000. Adage Capital Partners GP L.L.C. increased its holdings in shares of Silicon Laboratories by 116.7% in the first quarter. Adage Capital Partners GP L.L.C. now owns 525,022 shares of the semiconductor company's stock valued at $59,102,000 after purchasing an additional 282,785 shares during the period. Invesco Ltd. increased its holdings in shares of Silicon Laboratories by 42.7% in the first quarter. Invesco Ltd. now owns 849,730 shares of the semiconductor company's stock valued at $95,654,000 after purchasing an additional 254,348 shares during the period. Finally, Mackenzie Financial Corp increased its holdings in shares of Silicon Laboratories by 11,746.2% in the first quarter. Mackenzie Financial Corp now owns 236,924 shares of the semiconductor company's stock valued at $26,671,000 after purchasing an additional 234,924 shares during the period.

Silicon Laboratories Price Performance

Silicon Laboratories stock traded down $1.74 during trading hours on Friday, hitting $133.78. The stock had a trading volume of 149,984 shares, compared to its average volume of 245,531. The stock has a market capitalization of $4.39 billion, a price-to-earnings ratio of -41.55 and a beta of 1.52. Silicon Laboratories, Inc. has a 1-year low of $82.82 and a 1-year high of $160.00. The stock's fifty day moving average is $135.76 and its two-hundred day moving average is $126.31.

Silicon Laboratories (NASDAQ:SLAB - Get Free Report) last posted its earnings results on Tuesday, August 5th. The semiconductor company reported $0.11 earnings per share for the quarter, beating the consensus estimate of $0.09 by $0.02. The company had revenue of $192.85 million for the quarter, compared to analyst estimates of $192.57 million. Silicon Laboratories had a negative return on equity of 7.21% and a negative net margin of 14.88%.Silicon Laboratories's revenue was up 32.6% compared to the same quarter last year. During the same quarter in the prior year, the company earned ($0.56) earnings per share. Silicon Laboratories has set its Q3 2025 guidance at 0.200-0.400 EPS. As a group, sell-side analysts anticipate that Silicon Laboratories, Inc. will post -0.97 EPS for the current year.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on the company. Morgan Stanley dropped their target price on Silicon Laboratories from $157.00 to $144.00 and set an "equal weight" rating on the stock in a report on Wednesday, August 6th. Susquehanna upped their price objective on Silicon Laboratories from $110.00 to $150.00 and gave the stock a "neutral" rating in a report on Tuesday, July 22nd. Benchmark reaffirmed a "buy" rating and set a $160.00 price objective on shares of Silicon Laboratories in a report on Tuesday, May 27th. Stifel Nicolaus upped their price objective on Silicon Laboratories from $144.00 to $160.00 and gave the stock a "buy" rating in a report on Friday, July 18th. Finally, Barclays upped their price objective on Silicon Laboratories from $100.00 to $130.00 and gave the stock an "equal weight" rating in a report on Tuesday, August 5th. Five investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $151.13.

Insiders Place Their Bets

In other Silicon Laboratories news, SVP Brandon Tolany sold 1,800 shares of the company's stock in a transaction on Friday, August 29th. The stock was sold at an average price of $133.57, for a total value of $240,426.00. Following the sale, the senior vice president owned 62,328 shares of the company's stock, valued at approximately $8,325,150.96. This represents a 2.81% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders sold a total of 12,070 shares of company stock valued at $1,703,472 over the last quarter. 1.60% of the stock is currently owned by corporate insiders.

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.