Silicon Laboratories, Inc. $SLAB Shares Sold by Shell Asset Management Co.

Key Points

• Shell Asset Management Co. reduced its stake in Silicon Laboratories, Inc. by 13.0%, owning 16,018 shares valued at approximately $2.36 million following a sale of 2,395 shares in the second quarter.
• Silicon Laboratories reported earnings of $0.11 per share, surpassing estimates, with a revenue increase of 32.6% year-over-year, reaching $192.85 million.
• Analysts have mixed ratings on Silicon Laboratories, with price targets ranging from $130 to $180, reflecting a consensus rating of "Hold" and an average price target of $151.13.

Shell Asset Management Co. decreased its position in shares of Silicon Laboratories, Inc. (NASDAQ:SLAB - Free Report) by 13.0% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 16,018 shares of the semiconductor company's stock after selling 2,395 shares during the quarter. Shell Asset Management Co.'s holdings in Silicon Laboratories were worth $2,360,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Quarry LP acquired a new position in shares of Silicon Laboratories during the 1st quarter valued at about $25,000. Skandinaviska Enskilda Banken AB publ acquired a new position in Silicon Laboratories in the first quarter valued at about $34,000. UMB Bank n.a. lifted its position in Silicon Laboratories by 111.3% in the first quarter. UMB Bank n.a. now owns 336 shares of the semiconductor company's stock valued at $38,000 after buying an additional 177 shares during the last quarter. Larson Financial Group LLC acquired a new position in Silicon Laboratories in the first quarter valued at about $55,000. Finally, Jones Financial Companies Lllp lifted 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.

Silicon Laboratories Stock Performance

Shares of SLAB opened at $134.91 on Thursday. The stock has a market capitalization of $4.43 billion, a PE ratio of -41.90 and a beta of 1.51. Silicon Laboratories, Inc. has a 1 year low of $82.82 and a 1 year high of $160.00. The company's 50-day simple moving average is $133.36 and its 200-day simple moving average is $126.83.

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, topping the consensus estimate of $0.09 by $0.02. Silicon Laboratories had a negative net margin of 14.88% and a negative return on equity of 7.21%. The business had revenue of $192.85 million for the quarter, compared to analysts' expectations of $192.57 million. During the same quarter in the prior year, the company earned ($0.56) earnings per share. The business's quarterly revenue was up 32.6% on a year-over-year basis. Silicon Laboratories has set its Q3 2025 guidance at 0.200-0.400 EPS. On average, sell-side analysts predict that Silicon Laboratories, Inc. will post -0.97 earnings per share for the current year.

Insider Buying and Selling at Silicon Laboratories

In related news, SVP Brandon Tolany sold 1,800 shares of the company's stock in a transaction that occurred on Friday, August 29th. The shares were sold at an average price of $133.57, for a total transaction of $240,426.00. Following the sale, the senior vice president directly owned 62,328 shares in the company, 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 filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders have sold 12,070 shares of company stock worth $1,703,472 in the last 90 days. 1.60% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research analysts have commented on SLAB shares. Stifel Nicolaus upped their target price on shares of Silicon Laboratories from $144.00 to $160.00 and gave the company a "buy" rating in a research report on Friday, July 18th. Susquehanna upped 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. Barclays upped their target price on shares of Silicon Laboratories from $100.00 to $130.00 and gave the company an "equal weight" rating in a research report on Tuesday, August 5th. KeyCorp upped their target price on shares of Silicon Laboratories from $160.00 to $180.00 and gave the company an "overweight" rating in a research report on Tuesday, July 8th. Finally, Weiss Ratings reissued a "sell (d-)" rating on shares of Silicon Laboratories in a research report on Wednesday. Five equities research 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 data from MarketBeat.com, Silicon Laboratories has a consensus rating of "Hold" and an average price target of $151.13.

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.

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