S Squared Technology LLC Buys 10,000 Shares of Silicon Laboratories, Inc. $SLAB

Key Points

• S Squared Technology LLC increased its position in Silicon Laboratories, Inc. by 13.5%, owning 84,000 shares valued at approximately $9.46 million, making it the ninth largest position in their portfolio.
• Silicon Laboratories reported a 32.6% year-over-year revenue growth, with quarterly revenue reaching $192.85 million, exceeding analysts' expectations.
• Analysts currently have a consensus rating of "Moderate Buy" for Silicon Laboratories stock, with a price target averaging $151.13.

S Squared Technology LLC grew its stake in Silicon Laboratories, Inc. (NASDAQ:SLAB - Free Report) by 13.5% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 84,000 shares of the semiconductor company's stock after buying an additional 10,000 shares during the quarter. Silicon Laboratories accounts for approximately 4.8% of S Squared Technology LLC's portfolio, making the stock its 9th biggest position. S Squared Technology LLC owned approximately 0.26% of Silicon Laboratories worth $9,456,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. Cooper Financial Group lifted its stake in Silicon Laboratories by 1.9% in the first quarter. Cooper Financial Group now owns 5,354 shares of the semiconductor company's stock worth $603,000 after acquiring an additional 98 shares during the last quarter. Oregon Public Employees Retirement Fund increased its position in shares of Silicon Laboratories by 1.5% in the 1st quarter. Oregon Public Employees Retirement Fund now owns 6,668 shares of the semiconductor company's stock valued at $751,000 after purchasing an additional 100 shares during the last quarter. State of Michigan Retirement System raised its holdings in shares of Silicon Laboratories by 1.3% in the 1st quarter. State of Michigan Retirement System now owns 7,797 shares of the semiconductor company's stock valued at $878,000 after purchasing an additional 100 shares in the last quarter. Securian Asset Management Inc. lifted its position in shares of Silicon Laboratories by 4.2% during the 1st quarter. Securian Asset Management Inc. now owns 2,498 shares of the semiconductor company's stock worth $281,000 after purchasing an additional 100 shares during the last quarter. Finally, Louisiana State Employees Retirement System grew its stake in shares of Silicon Laboratories by 1.1% during the first quarter. Louisiana State Employees Retirement System now owns 9,100 shares of the semiconductor company's stock worth $1,024,000 after purchasing an additional 100 shares in the last quarter.

Insider Transactions at Silicon Laboratories

In other news, SVP Brandon Tolany sold 8,000 shares of the stock in a transaction that occurred on Friday, August 22nd. The stock was sold at an average price of $145.23, for a total transaction of $1,161,840.00. Following the completion of the transaction, the senior vice president directly owned 62,328 shares of the company's stock, valued at approximately $9,051,895.44. This represents a 11.38% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. In the last 90 days, insiders sold 12,070 shares of company stock worth $1,703,472. Insiders own 1.60% of the company's stock.

Analyst Ratings Changes

A number of analysts have weighed in on SLAB shares. Barclays raised their price target on Silicon Laboratories from $100.00 to $130.00 and gave the company an "equal weight" rating in a research note on Tuesday, August 5th. KeyCorp upped their price target on Silicon Laboratories from $160.00 to $180.00 and gave the company an "overweight" rating in a report on Tuesday, July 8th. Morgan Stanley dropped their price target on shares of Silicon Laboratories from $157.00 to $144.00 and set an "equal weight" rating on the stock in a research note on Wednesday, August 6th. Benchmark restated a "buy" rating and set a $160.00 price objective on shares of Silicon Laboratories in a research report on Tuesday, May 27th. Finally, Susquehanna increased their target price on shares of Silicon Laboratories from $110.00 to $150.00 and gave the company a "neutral" rating in a research report on Tuesday, July 22nd. Five investment analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $151.13.

Silicon Laboratories Price Performance

Shares of SLAB 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 238,527. The firm has a market capitalization of $4.39 billion, a PE ratio of -41.55 and a beta of 1.52. The stock's 50 day moving average is $135.76 and its 200 day moving average is $126.24. Silicon Laboratories, Inc. has a twelve month low of $82.82 and a twelve month high of $160.00.

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