Invesco Ltd. Trims Holdings in Silicon Laboratories, Inc. $SLAB

Invesco Ltd. cut its holdings in shares of Silicon Laboratories, Inc. (NASDAQ:SLAB) by 14.1% during the second quarter, Holdings Channel.com reports. The fund owned 729,869 shares of the semiconductor company’s stock after selling 119,861 shares during the period. Invesco Ltd.’s holdings in Silicon Laboratories were worth $107,553,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently bought and sold shares of the company. JPMorgan Chase & Co. raised its position in shares of Silicon Laboratories by 51.6% during the 2nd quarter. JPMorgan Chase & Co. now owns 170,704 shares of the semiconductor company’s stock valued at $25,155,000 after buying an additional 58,109 shares in the last quarter. Creative Planning increased its stake in Silicon Laboratories by 36.4% during the second quarter. Creative Planning now owns 14,321 shares of the semiconductor company’s stock worth $2,110,000 after acquiring an additional 3,820 shares during the last quarter. Strs Ohio bought a new stake in shares of Silicon Laboratories in the 1st quarter valued at approximately $720,000. Lisanti Capital Growth LLC bought a new stake in shares of Silicon Laboratories in the 2nd quarter valued at approximately $4,192,000. Finally, Atria Investments Inc bought a new position in shares of Silicon Laboratories during the 2nd quarter valued at approximately $305,000.

Insider Activity at Silicon Laboratories

In other news, SVP Brandon Tolany sold 1,954 shares of the firm’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 sale, the senior vice president directly owned 62,381 shares in the company, valued at approximately $8,826,287.69. This trade represents a 3.04% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Insiders own 1.60% of the company’s stock.

Silicon Laboratories Trading Up 1.5%

Shares of Silicon Laboratories stock opened at $141.39 on Wednesday. The stock’s fifty day moving average price is $130.15 and its 200-day moving average price is $134.01. Silicon Laboratories, Inc. has a 12 month low of $82.82 and a 12 month high of $160.00. The firm has a market cap of $4.65 billion, a P/E ratio of -53.56 and a beta of 1.56.

Silicon Laboratories (NASDAQ:SLAB) last posted its 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. Silicon Laboratories had a negative return on equity of 6.04% and a negative net margin of 11.58%.The company had revenue of $206.00 million during the quarter, compared to analyst estimates of $205.04 million. Silicon Laboratories has set its Q4 2025 guidance at 0.400-0.700 EPS. Analysts forecast that Silicon Laboratories, Inc. will post -0.97 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings restated a “sell (e+)” rating on shares of Silicon Laboratories in a research report on Monday. 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. According to data from MarketBeat, Silicon Laboratories presently has an average rating of “Hold” and an average price target of $153.43.

Silicon Laboratories Profile

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.