Stephens Investment Management Group LLC Grows Position in Silicon Laboratories, Inc. $SLAB

Key Points

• Stephens Investment Management Group LLC increased its holdings in Silicon Laboratories, Inc. (SLAB) by 9.4%, owning approximately $46 million worth of shares after purchasing an additional 26,979 shares in the 2nd quarter.
• Insider transactions include SVP Brandon Tolany selling 8,000 shares for over $1.16 million, leading to an 11.38% reduction in his ownership of the stock.
• Analysts have recently adjusted their price targets for SLAB, with Susquehanna raising theirs from $110.00 to $150.00 and Stifel Nicolaus increasing theirs from $144.00 to $160.00.

Stephens Investment Management Group LLC raised its holdings in shares of Silicon Laboratories, Inc. (NASDAQ:SLAB - Free Report) by 9.4% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 312,640 shares of the semiconductor company's stock after purchasing an additional 26,979 shares during the quarter. Stephens Investment Management Group LLC owned approximately 0.96% of Silicon Laboratories worth $46,071,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in SLAB. Quarry LP purchased a new stake in Silicon Laboratories during the first quarter valued at about $25,000. Skandinaviska Enskilda Banken AB publ bought a new stake in shares of Silicon Laboratories during the first quarter valued at about $34,000. Larson Financial Group LLC purchased a new stake in shares of Silicon Laboratories in the first quarter worth about $55,000. Jones Financial Companies Lllp lifted its holdings in shares of Silicon Laboratories by 121.4% in the first quarter. Jones Financial Companies Lllp now owns 496 shares of the semiconductor company's stock worth $56,000 after buying an additional 272 shares in the last quarter. Finally, Advisors Asset Management Inc. lifted its holdings in shares of Silicon Laboratories by 38.4% in the first quarter. Advisors Asset Management Inc. now owns 631 shares of the semiconductor company's stock worth $71,000 after buying an additional 175 shares in the last quarter.

Insider Buying and Selling

In other Silicon Laboratories news, SVP Brandon Tolany sold 8,000 shares of the stock in a transaction that occurred on Friday, August 22nd. The shares were sold at an average price of $145.23, for a total transaction of $1,161,840.00. Following the transaction, the senior vice president directly owned 62,328 shares in the company, valued at $9,051,895.44. This trade represents a 11.38% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders have sold 12,070 shares of company stock worth $1,703,472 in the last quarter. 1.60% of the stock is owned by company insiders.

Silicon Laboratories Trading Down 2.5%

SLAB stock opened at $134.04 on Wednesday. The company's 50 day moving average is $134.33 and its 200 day moving average is $128.14. The stock has a market cap of $4.40 billion, a price-to-earnings ratio of -41.63 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.

Silicon Laboratories (NASDAQ:SLAB - Get Free Report) last posted its quarterly earnings data on Tuesday, August 5th. The semiconductor company reported $0.11 earnings per share for the quarter, topping the consensus estimate of $0.09 by $0.02. The company had revenue of $192.85 million for the quarter, compared to analysts' expectations of $192.57 million. Silicon Laboratories had a negative net margin of 14.88% and a negative return on equity of 7.21%. Silicon Laboratories's revenue for the quarter was up 32.6% compared to the same quarter last year. During the same period in the prior year, the business 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 forecast that Silicon Laboratories, Inc. will post -0.97 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of brokerages have recently issued reports on SLAB. Susquehanna increased their price target on shares of Silicon Laboratories from $110.00 to $150.00 and gave the stock a "neutral" rating in a report on Tuesday, July 22nd. Barclays increased their price target on shares of Silicon Laboratories from $100.00 to $130.00 and gave the stock an "equal weight" rating in a report on Tuesday, August 5th. Stifel Nicolaus increased their price target on shares of Silicon Laboratories from $144.00 to $160.00 and gave the stock a "buy" rating in a report on Friday, July 18th. Weiss Ratings reissued a "sell (d-)" rating on shares of Silicon Laboratories in a report on Wednesday, October 8th. Finally, Morgan Stanley lowered 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 report on Wednesday, August 6th. Five investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus 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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