Intech Investment Management LLC Has $3.51 Million Stock Position in Silicon Laboratories, Inc. $SLAB

Intech Investment Management LLC boosted its stake in shares of Silicon Laboratories, Inc. (NASDAQ:SLAB) by 17.8% during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 23,824 shares of the semiconductor company’s stock after acquiring an additional 3,599 shares during the period. Intech Investment Management LLC owned 0.07% of Silicon Laboratories worth $3,511,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of the stock. Quarry LP acquired a new stake in shares of Silicon Laboratories in the 1st quarter valued at $25,000. Skandinaviska Enskilda Banken AB publ acquired a new position in Silicon Laboratories in the first quarter valued at $34,000. Larson Financial Group LLC bought a new stake in shares of Silicon Laboratories during the 1st quarter valued at about $55,000. Jones Financial Companies Lllp grew its stake in Silicon Laboratories by 121.4% during the first quarter. Jones Financial Companies Lllp now owns 496 shares of the semiconductor company’s stock worth $56,000 after purchasing an additional 272 shares during the period. Finally, Advisors Asset Management Inc. increased its holdings in 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 purchasing an additional 175 shares in the last quarter.

Insider Activity

In other news, SVP Brandon Tolany sold 8,000 shares of the stock in a transaction dated Friday, August 22nd. The stock was 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 approximately $9,051,895.44. This represents a 11.38% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 1.60% of the company’s stock.

Wall Street Analyst Weigh In

SLAB has been the subject of several recent analyst reports. Susquehanna raised their price objective on shares of Silicon Laboratories from $110.00 to $150.00 and gave the stock a “neutral” rating in a research report on Tuesday, July 22nd. Morgan Stanley dropped their price objective 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. Barclays raised their target price on Silicon Laboratories from $100.00 to $130.00 and gave the company an “equal weight” rating in a research note on Tuesday, August 5th. Finally, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Silicon Laboratories in a research note on Thursday, November 13th. Four analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $153.43.

Silicon Laboratories Price Performance

NASDAQ:SLAB opened at $116.69 on Wednesday. Silicon Laboratories, Inc. has a 1 year low of $82.82 and a 1 year high of $160.00. The business has a fifty day simple moving average of $131.64 and a two-hundred day simple moving average of $133.30. The company has a market capitalization of $3.83 billion, a P/E ratio of -36.24 and a beta of 1.55.

Silicon Laboratories (NASDAQ:SLAB) last announced its quarterly earnings results on Tuesday, November 4th. The semiconductor company reported $0.32 EPS for the quarter, beating the consensus estimate of $0.30 by $0.02. The firm had revenue of $206.00 million during the quarter, compared to the consensus estimate of $205.04 million. Silicon Laboratories had a negative net margin of 14.88% and a negative return on equity of 7.21%. Silicon Laboratories has set its Q4 2025 guidance at 0.400-0.700 EPS. As a group, analysts anticipate that Silicon Laboratories, Inc. will post -0.97 earnings per share for the current year.

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.