50,636 Shares in Silicon Laboratories, Inc. $SLAB Bought by Legal & General Group Plc

Posted by Brenda Bartman on Sep 1st, 2026

Legal & General Group Plc purchased a new stake in shares of Silicon Laboratories, Inc. (NASDAQ:SLAB – Free Report) in the second quarter, HoldingsChannel reports. The institutional investor purchased 50,636 shares of the semiconductor company’s stock, valued at approximately $11,067,000.

A number of other hedge funds also recently made changes to their positions in the stock. BlackRock Inc. bought a new stake in Silicon Laboratories during the second quarter worth about $1,135,435,000. Norges Bank purchased a new stake in shares of Silicon Laboratories during the fourth quarter valued at approximately $56,008,000. Thrivent Financial for Lutherans raised its holdings in Silicon Laboratories by 312.9% during the 4th quarter. Thrivent Financial for Lutherans now owns 467,958 shares of the semiconductor company’s stock valued at $61,162,000 after buying an additional 354,621 shares during the last quarter. AQR Capital Management LLC boosted its position in Silicon Laboratories by 1,970.7% during the 2nd quarter. AQR Capital Management LLC now owns 370,492 shares of the semiconductor company’s stock valued at $54,516,000 after buying an additional 352,600 shares during the period. Finally, Bank of New York Mellon Corp purchased a new stake in Silicon Laboratories during the 2nd quarter valued at $45,699,000.

Silicon Laboratories Stock Up 0.2%

Shares of SLAB stock opened at $219.05 on Tuesday. The stock has a fifty day moving average of $218.17 and a 200 day moving average of $214.06. Silicon Laboratories, Inc. has a 52 week low of $115.50 and a 52 week high of $220.90. The firm has a market capitalization of $7.31 billion, a price-to-earnings ratio of -185.64 and a beta of 1.37.

Silicon Laboratories (NASDAQ:SLAB – Get Free Report) last issued its quarterly earnings data on Tuesday, August 11th. The semiconductor company reported $0.71 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.69 by $0.02. Silicon Laboratories had a negative net margin of 4.57% and a negative return on equity of 0.66%. The business had revenue of $228.19 million for the quarter, compared to the consensus estimate of $227.99 million. During the same period in the previous year, the firm earned $0.11 EPS. The company’s quarterly revenue was up 18.3% compared to the same quarter last year. Equities research analysts anticipate that Silicon Laboratories, Inc. will post 0.52 earnings per share for the current year.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on SLAB shares. Weiss Ratings restated a “sell (d-)” rating on shares of Silicon Laboratories in a research report on Wednesday, June 24th. Zacks Research lowered shares of Silicon Laboratories from a “hold” rating to a “strong sell” rating in a report on Tuesday, August 18th. Five analysts have rated the stock with a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Reduce” and a consensus target price of $218.00.

Read Our Latest Report on Silicon Laboratories

Silicon Laboratories Profile

(Free Report)

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.