Silicon Laboratories (NASDAQ:SLAB) Stock Unloaded Rep. Gilbert Ray Cisneros, Jr.

Key Points

• Representative Gilbert Ray Cisneros, Jr. sold shares of Silicon Laboratories (NASDAQ:SLAB) worth between $1,001 and $15,000 on May 6th, 2025, as disclosed in a filing.
• Silicon Laboratories reported a 67% year-over-year increase in quarterly revenue with earnings per share of ($0.08), beating analyst expectations.
• Analysts have set a consensus target price of $139.00 for Silicon Laboratories stock, with ratings varying from "buy" to "hold" based on various research reports.

Representative Gilbert Ray Cisneros, Jr. (D-California) recently sold shares of Silicon Laboratories, Inc. (NASDAQ:SLAB). In a filing disclosed on June 06th, the Representative disclosed that they had sold between $1,001 and $15,000 in Silicon Laboratories stock on May 6th. The trade occurred in the Representative's "150 MAIN STREET TRUST > BANK OF AMERICA" account.

Representative Gilbert Ray Cisneros, Jr. also recently made the following trade(s):

• Sold $15,001 - $50,000 in shares of SpringWorks Therapeutics NASDAQ: SWTX on 7/1/2025.
• Purchased $1,001 - $15,000 in shares of AppLovin NASDAQ: APP on 7/1/2025.
• Sold $1,001 - $15,000 in shares of Amdocs NASDAQ: DOX on 6/30/2025.
• Purchased $1,001 - $15,000 in shares of CoStar Group NASDAQ: CSGP on 6/30/2025.
• Purchased $15,001 - $50,000 in shares of CoStar Group NASDAQ: CSGP on 6/27/2025.
• Purchased $1,001 - $15,000 in shares of Xiaomi OTCMKTS: XIACF on 6/27/2025.
• Sold $1,001 - $15,000 in shares of ASML NASDAQ: ASML on 6/27/2025.
• Sold $1,001 - $15,000 in shares of Willis Towers Watson Public NASDAQ: WTW on 6/26/2025.
• Sold $1,001 - $15,000 in shares of Boston Scientific NYSE: BSX on 6/26/2025.
• Sold $1,001 - $15,000 in shares of Liberty Media Corporation - Liberty Formula One Series C NASDAQ: FWONK on 6/26/2025.

Silicon Laboratories Trading Down 2.8%

NASDAQ SLAB opened at $135.85 on Friday. The stock has a market cap of $4.42 billion, a PE ratio of -26.59 and a beta of 1.47. Silicon Laboratories, Inc. has a 12 month low of $82.82 and a 12 month high of $160.00. The company's 50-day moving average price is $137.35 and its 200-day moving average price is $128.27.

Silicon Laboratories (NASDAQ:SLAB - Get Free Report) last released its quarterly earnings data on Tuesday, May 13th. The semiconductor company reported ($0.08) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.09) by $0.01. The company had revenue of $177.71 million during the quarter, compared to analysts' expectations of $177.48 million. Silicon Laboratories had a negative net margin of 25.16% and a negative return on equity of 8.80%. The firm's quarterly revenue was up 67.0% on a year-over-year basis. During the same period in the previous year, the company earned ($0.92) EPS. As a group, sell-side analysts forecast that Silicon Laboratories, Inc. will post -0.97 earnings per share for the current year.

Analysts Set New Price Targets

SLAB has been the subject of several research reports. Benchmark reiterated a "buy" rating and issued a $160.00 target price on shares of Silicon Laboratories in a report on Tuesday, May 27th. Susquehanna upped their price objective on shares of Silicon Laboratories from $110.00 to $150.00 and gave the stock a "neutral" rating in a research note on Tuesday. KeyCorp increased their target price on shares of Silicon Laboratories from $160.00 to $180.00 and gave the stock an "overweight" rating in a report on Tuesday, July 8th. Barclays reduced their price target on shares of Silicon Laboratories from $120.00 to $80.00 and set an "equal weight" rating for the company in a report on Tuesday, April 22nd. Finally, Stifel Nicolaus upped their price target on shares of Silicon Laboratories from $144.00 to $160.00 and gave the stock a "buy" rating in a research report on Friday, July 18th. Four analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $139.00.

Insider Activity

In other news, Director Christy Wyatt sold 546 shares of the stock in a transaction dated Tuesday, May 6th. The shares were sold at an average price of $104.45, for a total transaction of $57,029.70. Following the sale, the director directly owned 8,492 shares of the company's stock, valued at $886,989.40. This represents a 6.04% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, SVP Robert J. Conrad sold 4,029 shares of the firm's stock in a transaction dated Friday, May 16th. The shares were sold at an average price of $131.20, for a total value of $528,604.80. Following the sale, the senior vice president owned 25,380 shares in the company, valued at $3,329,856. This trade represents a 13.70% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 11,626 shares of company stock valued at $1,509,319 in the last three months. 1.60% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Silicon Laboratories

Institutional investors have recently bought and sold shares of the company. Coldstream Capital Management Inc. boosted its stake in shares of Silicon Laboratories by 2.8% in the fourth quarter. Coldstream Capital Management Inc. now owns 2,473 shares of the semiconductor company's stock worth $307,000 after buying an additional 68 shares during the last quarter. Jones Financial Companies Lllp lifted its holdings in Silicon Laboratories by 44.5% in the fourth quarter. Jones Financial Companies Lllp now owns 224 shares of the semiconductor company's stock valued at $28,000 after acquiring an additional 69 shares during the period. Cooper Financial Group boosted its position in Silicon Laboratories by 1.9% in the 1st quarter. Cooper Financial Group now owns 5,354 shares of the semiconductor company's stock worth $603,000 after purchasing an additional 98 shares in the last quarter. Louisiana State Employees Retirement System grew its stake in shares of Silicon Laboratories by 1.1% during the 4th quarter. Louisiana State Employees Retirement System now owns 9,000 shares of the semiconductor company's stock worth $1,118,000 after purchasing an additional 100 shares during the period. Finally, Oregon Public Employees Retirement Fund increased its holdings in shares of Silicon Laboratories by 1.5% during 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 in the last quarter.

About Representative Cisneros

Gil Cisneros (Democratic Party) is a member of the U.S. House, representing California's 31st Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Cisneros (Democratic Party) is running for re-election to the U.S. House to represent California's 31st Congressional District. He declared candidacy for the 2026 election. Gil Cisneros served in the U.S. Navy as a supply officer from 1994 to 2004. Cisneros earned a bachelor's degree in political science from George Washington University in 1994, a master's in business administration from Regis University in 2002, and a master's degree in urban education policy from Brown University in 2015. His career experience includes working as a logistics manager for Frito-Lay. In 2010, Cisneros won the lottery and became involved in activism and philanthropy, founding a scholarship program for local high school students. In 2021, President Joe Biden (D) appointed Cisneros as under secretary of defense for personnel and readiness.

About Silicon Laboratories

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.