Silicon Laboratories (NASDAQ:SLAB) Research Coverage Started at Royal Bank Of Canada

Royal Bank Of Canada assumed coverage on shares of Silicon Laboratories (NASDAQ:SLAB) in a research report report published on Thursday morning, Marketbeat.com reports. The brokerage issued a sector perform rating and a $160.00 price target on the semiconductor company’s stock.

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Silicon Laboratories in a report on Monday, December 29th. Four investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $154.25.

Silicon Laboratories Price Performance

NASDAQ SLAB opened at $148.74 on Thursday. The firm has a market capitalization of $4.89 billion, a price-to-earnings ratio of -56.34 and a beta of 1.55. The company has a 50 day simple moving average of $133.90 and a 200-day simple moving average of $134.67. Silicon Laboratories has a 52-week low of $82.82 and a 52-week high of $160.00.

Silicon Laboratories (NASDAQ:SLAB) last released its quarterly earnings data on Tuesday, November 4th. The semiconductor company reported $0.32 earnings per share for the quarter, beating the consensus estimate of $0.30 by $0.02. The firm had revenue of $206.00 million for the quarter, compared to analyst estimates of $205.04 million. Silicon Laboratories had a negative net margin of 11.58% and a negative return on equity of 6.04%. Silicon Laboratories has set its Q4 2025 guidance at 0.400-0.700 EPS. On average, analysts predict that Silicon Laboratories will post -0.97 EPS for the current year.

Insider Buying and Selling at Silicon Laboratories

In other Silicon Laboratories news, SVP Brandon Tolany sold 1,954 shares of the stock in a transaction on Friday, December 5th. The shares were sold at an average price of $141.49, for a total transaction of $276,471.46. Following the transaction, the senior vice president directly owned 62,381 shares of the company’s stock, valued at $8,826,287.69. This represents a 3.04% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. Also, Director Nina Richardson sold 1,355 shares of the firm’s stock in a transaction dated Tuesday, January 13th. The shares were sold at an average price of $149.00, for a total value of $201,895.00. Following the transaction, the director owned 8,543 shares in the company, valued at approximately $1,272,907. This trade represents a 13.69% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 7,555 shares of company stock valued at $1,073,528. 1.60% of the stock is owned by company insiders.

Hedge Funds Weigh In On Silicon Laboratories

Institutional investors have recently modified their holdings of the company. First Horizon Corp bought a new stake in shares of Silicon Laboratories during the 3rd quarter worth $35,000. EverSource Wealth Advisors LLC boosted its holdings in Silicon Laboratories by 45.7% during the third quarter. EverSource Wealth Advisors LLC now owns 274 shares of the semiconductor company’s stock valued at $36,000 after acquiring an additional 86 shares during the period. UMB Bank n.a. grew its position in shares of Silicon Laboratories by 43.9% in the third quarter. UMB Bank n.a. now owns 282 shares of the semiconductor company’s stock valued at $37,000 after purchasing an additional 86 shares during the last quarter. Mather Group LLC. bought a new position in shares of Silicon Laboratories in the third quarter worth about $39,000. Finally, Hantz Financial Services Inc. lifted its position in shares of Silicon Laboratories by 189.6% during the 3rd quarter. Hantz Financial Services Inc. now owns 362 shares of the semiconductor company’s stock worth $47,000 after purchasing an additional 237 shares during the last quarter.

Silicon Laboratories Company Profile

Silicon Laboratories (NASDAQ:SLAB) is a global semiconductor company that develops high-performance analog and mixed-signal integrated circuits, wireless system-on-chips (SoCs), microcontrollers, and radio frequency (RF) solutions. Its product portfolio is tailored to support the Internet of Things (IoT), infrastructure, industrial automation, consumer electronics, automotive, and energy markets. By combining silicon, software, and tools, Silicon Labs aims to accelerate development cycles and deliver low-power, highly integrated solutions that address demanding application requirements.

Founded in 1996 and headquartered in Austin, Texas, Silicon Labs has grown into a multinational organization with engineering and sales operations across North America, Europe, and Asia.