Silicon Laboratories, Inc. (NASDAQ:SLAB – Get Free Report) SVP Brandon Tolany sold 4,246 shares of the stock in a transaction on Thursday, December 4th. The stock was sold at an average price of $140.17, for a total value of $595,161.82. Following the transaction, the senior vice president owned 62,381 shares of the company’s stock, valued at approximately $8,743,944.77. This represents a 6.37% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.
Brandon Tolany also recently made the following trade(s):
- On Friday, December 5th, Brandon Tolany sold 1,954 shares of Silicon Laboratories stock. The shares were sold at an average price of $141.49, for a total transaction of $276,471.46.
Silicon Laboratories Price Performance
Shares of SLAB stock opened at $141.39 on Wednesday. Silicon Laboratories, Inc. has a 1-year low of $82.82 and a 1-year high of $160.00. The firm has a market cap of $4.65 billion, a PE ratio of -53.56 and a beta of 1.56. The company has a 50-day moving average of $130.15 and a two-hundred day moving average of $134.01.
Wall Street Analyst Weigh In
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 issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Silicon Laboratories presently has a consensus rating of “Hold” and a consensus target price of $153.43.
View Our Latest Stock Analysis on Silicon Laboratories
Hedge Funds Weigh In On Silicon Laboratories
Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Quarry LP purchased a new stake in shares of Silicon Laboratories during the first quarter worth $25,000. First Horizon Corp acquired a new position in Silicon Laboratories during the 3rd quarter worth $35,000. EverSource Wealth Advisors LLC increased its holdings in Silicon Laboratories by 45.7% during the 3rd quarter. EverSource Wealth Advisors LLC now owns 274 shares of the semiconductor company’s stock worth $36,000 after purchasing an additional 86 shares during the period. UMB Bank n.a. increased its holdings in Silicon Laboratories by 43.9% during 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 period. Finally, Mather Group LLC. acquired a new stake in Silicon Laboratories in the 3rd quarter valued at about $39,000.
Silicon Laboratories Company 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.
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