Silicon Laboratories (NASDAQ:SLAB) Upgraded by Royal Bank Of Canada to Hold Rating

Royal Bank Of Canada upgraded shares of Silicon Laboratories (NASDAQ:SLAB) to a hold rating in a research note released on Wednesday morning,Zacks.com reports.

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Silicon Laboratories in a research note on Monday, December 29th. Four research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Silicon Laboratories currently has a consensus rating of “Hold” and an average target price of $154.25.

Silicon Laboratories Price Performance

Shares of SLAB opened at $153.78 on Wednesday. Silicon Laboratories has a 1-year low of $82.82 and a 1-year high of $160.00. The company has a market capitalization of $5.05 billion, a P/E ratio of -58.26 and a beta of 1.55. The firm’s 50 day simple moving average is $133.45 and its 200 day simple moving average is $134.76.

Silicon Laboratories (NASDAQ:SLAB) last posted 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 analysts’ expectations 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, equities analysts anticipate that Silicon Laboratories will post -0.97 earnings per share for the current year.

Insider Activity

In other news, Director Nina Richardson sold 1,355 shares of the business’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 transaction, the director directly owned 8,543 shares of the company’s stock, valued at approximately $1,272,907. The trade was a 13.69% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, SVP Brandon Tolany sold 1,954 shares of the company’s stock in a transaction that occurred on 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 of the company’s stock, valued at approximately $8,826,287.69. This represents a 3.04% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 7,555 shares of company stock worth $1,073,528 over the last three months. 1.60% of the stock is owned by insiders.

Institutional Inflows and Outflows

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

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.