2 weeks Ago By ABMN Staff
Xponance Inc. boosted its holdings in shares of Silicon Laboratories Inc. ( NASDAQ:SLAB – Free Report ) by 5.
1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,595 shares of the semiconductor company’s stock after buying an additional 225 shares during the quarter. Xponance Inc.
’s holdings in Silicon Laboratories were worth $571,000 at the end of the most recent quarter. Other institutional investors also recently bought and sold shares of the company. Natixis Advisors LLC boosted its position in Silicon Laboratories by 6.
2% during the third quarter. Natixis Advisors LLC now owns 12,050 shares of the semiconductor company’s stock worth $1,393,000 after purchasing an additional 708 shares during the period. Advisors Asset Management Inc.
raised its holdings in Silicon Laboratories by 159.4% in the 3rd quarter. Advisors Asset Management Inc.
now owns 275 shares of the semiconductor company’s stock worth $32,000 after acquiring an additional 169 shares during the period. Intech Investment Management LLC lifted its position in Silicon Laboratories by 82.9% during the 3rd quarter.
Intech Investment Management LLC now owns 12,837 shares of the semiconductor company’s stock worth $1,484,000 after acquiring an additional 5,818 shares during the last quarter. Citigroup Inc. boosted its holdings in Silicon Laboratories by 37.
6% during the third quarter. Citigroup Inc. now owns 59,064 shares of the semiconductor company’s stock valued at $6,826,000 after acquiring an additional 16,134 shares during the period.
Finally, Cerity Partners LLC grew its position in shares of Silicon Laboratories by 19.0% in the third quarter. Cerity Partners LLC now owns 14,372 shares of the semiconductor company’s stock valued at $1,661,000 after purchasing an additional 2,290 shares during the last quarter.
Silicon Laboratories Trading Down 1.8 % NASDAQ:SLAB opened at $123.03 on Wednesday.
The stock has a market capitalization of $4.00 billion, a P/E ratio of -20.71 and a beta of 1.
15. Silicon Laboratories Inc. has a 1 year low of $94.
00 and a 1 year high of $160.00. The firm has a 50 day moving average of $137.
67 and a 200-day moving average of $123.52. Insider Buying and Selling at Silicon Laboratories In other news, Director Navdeep S.
Sooch sold 2,360 shares of the company’s stock in a transaction on Wednesday, February 5th. The stock was sold at an average price of $149.00, for a total transaction of $351,640.
00. Following the transaction, the director now owns 400,567 shares of the company’s stock, valued at $59,684,483. This represents a 0.
59 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link . Also, Director William G.
Bock sold 1,000 shares of the firm’s stock in a transaction dated Tuesday, February 18th. The shares were sold at an average price of $149.43, for a total value of $149,430.
00. Following the completion of the transaction, the director now owns 31,115 shares in the company, valued at approximately $4,649,514.45.
This represents a 3.11 % decrease in their position. The disclosure for this sale can be found here .
In the last 90 days, insiders sold 5,360 shares of company stock worth $782,610. 1.72% of the stock is currently owned by corporate insiders.
Wall Street Analysts Forecast Growth Several equities research analysts have recently weighed in on the company. Stifel Nicolaus increased their price objective on Silicon Laboratories from $135.00 to $145.
00 and gave the company a “buy” rating in a research report on Monday, January 6th. StockNews.com upgraded shares of Silicon Laboratories from a “sell” rating to a “hold” rating in a report on Tuesday, March 18th.
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, March 12th. Benchmark reiterated a “buy” rating and issued a $160.
00 price objective on shares of Silicon Laboratories in a research report on Wednesday, March 12th. Finally, Barclays boosted their price objective on Silicon Laboratories from $75.00 to $120.
00 and gave the company an “equal weight” rating in a research report on Friday, January 17th. Six analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $136.
20. Get Our Latest Stock Report on SLAB About Silicon Laboratories ( Free Report ) 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. Recommended Stories Want to see what other hedge funds are holding SLAB? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Silicon Laboratories Inc.
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