Silicon Laboratories (NASDAQ:SLAB) Shares Gap Down – Here’s What Happened

Silicon Laboratories, Inc. (NASDAQ:SLABGet Free Report)’s share price gapped down prior to trading on Monday . The stock had previously closed at $151.46, but opened at $144.30. Silicon Laboratories shares last traded at $143.9420, with a volume of 5,854 shares changing hands.

Wall Street Analyst Weigh In

Several analysts have issued reports on SLAB shares. Weiss Ratings reissued a “sell (d-)” rating on shares of Silicon Laboratories in a research note on Monday, December 29th. Royal Bank Of Canada assumed coverage on Silicon Laboratories in a research report on Thursday, January 15th. They set a “sector perform” rating and a $160.00 price target for the company. Four equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $154.25.

Get Our Latest Research Report on SLAB

Silicon Laboratories Stock Performance

The business’s 50-day moving average price is $137.08 and its 200 day moving average price is $134.62. The company has a market cap of $4.74 billion, a P/E ratio of -54.64 and a beta of 1.55.

Silicon Laboratories (NASDAQ:SLABGet Free Report) last announced its quarterly earnings results on Tuesday, November 4th. The semiconductor company reported $0.32 earnings per share for the quarter, topping analysts’ consensus estimates of $0.30 by $0.02. The firm had revenue of $206.00 million for the quarter, compared to the consensus estimate of $205.04 million. Silicon Laboratories had a negative return on equity of 6.04% and a negative net margin of 11.58%.Silicon Laboratories has set its Q4 2025 guidance at 0.400-0.700 EPS. Equities research analysts forecast that Silicon Laboratories, Inc. will post -0.97 earnings per share for the current year.

Insider Activity

In related news, SVP Brandon Tolany sold 1,954 shares of the company’s stock in a transaction dated Friday, December 5th. The shares were sold at an average price of $141.49, for a total value of $276,471.46. Following the transaction, the senior vice president owned 62,381 shares in the company, valued at approximately $8,826,287.69. This represents a 3.04% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Nina Richardson sold 1,355 shares of the firm’s stock in a transaction that occurred on Tuesday, January 13th. The stock was sold at an average price of $149.00, for a total transaction of $201,895.00. Following the sale, the director owned 8,543 shares of the company’s stock, valued at $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. Insiders have sold a total of 7,555 shares of company stock valued at $1,073,528 in the last ninety days. 1.60% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Silicon Laboratories

Hedge funds have recently bought and sold shares of the business. Universal Beteiligungs und Servicegesellschaft mbH grew its position in shares of Silicon Laboratories by 15.2% during the 4th quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 37,526 shares of the semiconductor company’s stock worth $4,905,000 after purchasing an additional 4,941 shares in the last quarter. Bayforest Capital Ltd grew its position in Silicon Laboratories by 400.0% during the fourth quarter. Bayforest Capital Ltd now owns 680 shares of the semiconductor company’s stock worth $89,000 after buying an additional 544 shares in the last quarter. First Horizon Corp increased its stake in Silicon Laboratories by 120.7% during the 4th quarter. First Horizon Corp now owns 596 shares of the semiconductor company’s stock worth $78,000 after acquiring an additional 326 shares during the period. Asset Management One Co. Ltd. raised its holdings in Silicon Laboratories by 37.3% in the 4th quarter. Asset Management One Co. Ltd. now owns 1,326 shares of the semiconductor company’s stock valued at $176,000 after acquiring an additional 360 shares in the last quarter. Finally, Harbor Capital Advisors Inc. lifted its position in shares of Silicon Laboratories by 22.1% during the 4th quarter. Harbor Capital Advisors Inc. now owns 11,537 shares of the semiconductor company’s stock valued at $1,508,000 after acquiring an additional 2,090 shares during the period.

About Silicon Laboratories

(Get 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.

Read More

Receive News & Ratings for Silicon Laboratories Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Silicon Laboratories and related companies with MarketBeat.com's FREE daily email newsletter.