Russell Investments Group Ltd. lessened its holdings in Silicon Laboratories Inc. (NASDAQ:SLAB – Get Ranking) by 75.3% through the first quarter, in line with its most up-to-date submitting with the Securities and Change Fee. The institutional investor owned 33,550 shares of the semiconductor firm’s inventory after promoting 102,287 shares through the quarter. Russell Investments Group Ltd. owned 0.09% of Silicon Laboratories value $5,038,00Zero as of its most up-to-date submitting with the Securities and Change Fee.

A lot of different institutional buyers additionally just lately added to or decreased their stakes in SLAB. Janney Montgomery Scott LLC bought a brand new stake in Silicon Laboratories within the 4th quarter valued at roughly $416,000. CWM LLC bought a brand new stake in Silicon Laboratories within the 4th quarter valued at roughly $26,000. Qube Analysis & Applied sciences Ltd acquired a brand new stake in shares of Silicon Laboratories through the 4th quarter valued at roughly $518,000. Fifth Third Bancorp lifted its place in shares of Silicon Laboratories by 113.3% through the 4th quarter. Fifth Third Bancorp now owns 128 shares of the semiconductor firm’s inventory valued at $26,00Zero after buying an extra 68 shares through the interval. Lastly, Virginia Retirement Methods ET AL acquired a brand new stake in shares of Silicon Laboratories through the 4th quarter valued at roughly $2,044,000. Hedge funds and different institutional buyers personal 99.40% of the corporate’s inventory.

Insider Shopping for and Promoting at Silicon Laboratories

In different Silicon Laboratories information, Director William G. Bock bought 1,00Zero shares of the enterprise’s inventory in a transaction on Monday, Could 16th. The inventory was bought at a mean value of $141.45, for a complete worth of $141,450.00. Following the completion of the transaction, the director now immediately owns 32,468 shares within the firm, valued at roughly $4,592,598.60. The sale was disclosed in a authorized submitting with the Securities & Change Fee, which is obtainable at this hyperlink. In different Silicon Laboratories information, Director William G. Bock bought 1,00Zero shares of the enterprise’s inventory in a transaction on Monday, Could 16th. The inventory was bought at a mean value of $141.45, for a complete worth of $141,450.00. Following the completion of the transaction, the director now immediately owns 32,468 shares within the firm, valued at roughly $4,592,598.60. The sale was disclosed in a authorized submitting with the Securities & Change Fee, which is obtainable at this hyperlink. Additionally, CEO Robert Matthew Johnson bought 5,435 shares of the enterprise’s inventory in a transaction on Monday, June sixth. The shares had been bought at a mean value of $149.38, for a complete worth of $811,880.30. Following the completion of the transaction, the chief govt officer now owns 26,873 shares of the corporate’s inventory, valued at $4,014,288.74. The disclosure for this sale may be discovered right here. 1.61% of the inventory is at present owned by insiders.

Analysts Set New Worth Targets

SLAB has been the topic of various analysis reviews. Needham & Firm LLC lifted their value goal on shares of Silicon Laboratories from $150.00 to $165.00 and gave the corporate a “purchase” ranking in a analysis report on Thursday, July 28th. Wells Fargo & Firm decreased their value goal on shares of Silicon Laboratories from $190.00 to $170.00 and set an “chubby” ranking for the corporate in a analysis report on Monday, July 11th. Summit Insights downgraded shares of Silicon Laboratories from a “purchase” ranking to a “maintain” ranking in a analysis report on Thursday, July 28th. Stifel Nicolaus lifted their value goal on shares of Silicon Laboratories from $200.00 to $210.00 in a analysis report on Wednesday, April 27th. Lastly, Morgan Stanley lifted their value goal on Silicon Laboratories from $156.00 to $161.00 and gave the inventory an “equal weight” ranking in a analysis report on Thursday, July 28th. 4 analysis analysts have rated the inventory with a maintain ranking and 4 have assigned a purchase ranking to the inventory. In keeping with MarketBeat.com, Silicon Laboratories has a mean ranking of “Reasonable Purchase” and a consensus goal value of $181.38.

Silicon Laboratories Buying and selling Up 3.5 %

Shares of Silicon Laboratories inventory opened at $146.61 on Thursday. The corporate has a debt-to-equity ratio of 0.33, a present ratio of seven.37 and a fast ratio of seven.05. Silicon Laboratories Inc. has a 1 yr low of $114.52 and a 1 yr excessive of $211.98. The corporate has a market capitalization of $5.02 billion, a P/E ratio of three.06 and a beta of 1.16. The enterprise has a 50 day shifting common value of $139.57 and a 200 day shifting common value of $143.83.

Silicon Laboratories (NASDAQ:SLAB – Get Ranking) final issued its quarterly earnings outcomes on Wednesday, July 27th. The semiconductor firm reported $1.17 earnings per share for the quarter, beating the consensus estimate of $0.91 by $0.26. The corporate had income of $263.00 million through the quarter, in comparison with the consensus estimate of $250.46 million. Silicon Laboratories had a return on fairness of three.61% and a web margin of 239.09%. Silicon Laboratories’s income was up 55.6% on a year-over-year foundation. Throughout the identical interval within the earlier yr, the agency posted $0.81 EPS. Promote-side analysts anticipate that Silicon Laboratories Inc. will submit 2.78 EPS for the present fiscal yr.

Silicon Laboratories Firm Profile

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Silicon Laboratories Inc, a fabless semiconductor firm, gives varied analog-intensive mixed-signal options in the USA, China, and internationally. The corporate’s merchandise embrace wi-fi microcontrollers and sensor merchandise. Its merchandise are utilized in varied digital merchandise in a spread of functions for the Web of Issues (IoT), together with related residence and safety, industrial automation and management, sensible metering, sensible lighting, business constructing automation, client electronics, asset monitoring, and medical instrumentation.

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