Brandon Tolany Sells 1,800 Shares of Silicon Laboratories (NASDAQ:SLAB) Stock

Key Points

• Silicon Laboratories SVP Brandon Tolany sold 1,800 shares at an average price of $133.57, reducing his ownership by 2.81% to approximately 62,328 shares valued at over $8.3 million.
• The company's stock experienced a 3.0% decline, closing at $130.29, with a one-year trading range between $82.82 and $160.00.
• Silicon Laboratories reported a 32.6% year-over-year revenue increase to $192.85 million in its latest earnings report, surpassing estimates by $0.02 per share.

Silicon Laboratories, Inc. (NASDAQ:SLAB - Get Free Report) SVP Brandon Tolany sold 1,800 shares of the 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 completion of the transaction, the senior vice president owned 62,328 shares of the company's stock, valued at approximately $8,325,150.96. This trade represents a 2.81% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

Brandon Tolany also recently made the following trade(s):

• On Friday, August 22nd, Brandon Tolany sold 8,000 shares of Silicon Laboratories stock. The shares were sold at an average price of $145.23, for a total transaction of $1,161,840.00.
• On Tuesday, August 19th, Brandon Tolany sold 2,270 shares of Silicon Laboratories stock. The stock was sold at an average price of $132.69, for a total transaction of $301,206.30.

Silicon Laboratories Price Performance

NASDAQ SLAB traded up $0.56 during trading hours on Friday, reaching $135.48. 177,018 shares of the company's stock traded hands, compared to its average volume of 294,733. The firm has a market cap of $4.45 billion, a PE ratio of -42.07 and a beta of 1.52. Silicon Laboratories, Inc. has a 52-week low of $82.82 and a 52-week high of $160.00. The firm has a 50-day simple moving average of $137.45 and a 200 day simple moving average of $126.87.

Silicon Laboratories (NASDAQ:SLAB - Get Free Report) last announced its earnings results on Tuesday, August 5th. The semiconductor company reported $0.11 earnings per share for the quarter, beating analysts' consensus estimates 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 during the quarter, compared to the consensus estimate of $192.57 million. During the same quarter last year, the firm earned ($0.56) earnings per share. The business's revenue for the quarter was up 32.6% on a year-over-year basis. Silicon Laboratories has set its Q3 2025 guidance at 0.200-0.400 EPS. Sell-side analysts forecast that Silicon Laboratories, Inc. will post -0.97 EPS for the current fiscal year.

Analyst Ratings Changes

SLAB has been the topic of several analyst reports. Stifel Nicolaus boosted their target price on Silicon Laboratories from $144.00 to $160.00 and gave the stock a "buy" rating in a report on Friday, July 18th. KeyCorp upped their price target on shares of Silicon Laboratories from $160.00 to $180.00 and gave the stock an "overweight" rating in a research note on Tuesday, July 8th. Barclays increased their price objective 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. Susquehanna lifted their target price 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. Finally, Needham & Company LLC reiterated a "buy" rating and issued a $150.00 target price on shares of Silicon Laboratories in a research note on Wednesday, May 14th. Five research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company's stock. Based on data from MarketBeat, Silicon Laboratories currently has a consensus rating of "Moderate Buy" and an average target price of $151.13.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Quarry LP bought a new position in Silicon Laboratories during the first quarter valued at approximately $25,000. Skandinaviska Enskilda Banken AB publ purchased a new position in shares of Silicon Laboratories in the 1st quarter worth $34,000. UMB Bank n.a. grew its holdings in shares of Silicon Laboratories by 111.3% in the first quarter. UMB Bank n.a. now owns 336 shares of the semiconductor company's stock worth $38,000 after acquiring an additional 177 shares during the period. Parallel Advisors LLC increased its position in Silicon Laboratories by 143.7% during the first quarter. Parallel Advisors LLC now owns 463 shares of the semiconductor company's stock valued at $52,000 after acquiring an additional 273 shares during the last quarter. Finally, Larson Financial Group LLC bought a new position in Silicon Laboratories in the first quarter valued at about $55,000.

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.