Y Intercept Hong Kong Ltd Invests $2.42 Million in Silicon Laboratories, Inc. $SLAB

Y Intercept Hong Kong Ltd acquired a new stake in shares of Silicon Laboratories, Inc. (NASDAQ:SLAB) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund acquired 18,478 shares of the semiconductor company’s stock, valued at approximately $2,423,000. Y Intercept Hong Kong Ltd owned approximately 0.06% of Silicon Laboratories at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. State Street Corp boosted its holdings in Silicon Laboratories by 0.5% in the second quarter. State Street Corp now owns 1,517,813 shares of the semiconductor company’s stock worth $223,665,000 after acquiring an additional 7,139 shares in the last quarter. Geode Capital Management LLC lifted its holdings in Silicon Laboratories by 0.9% in the 2nd quarter. Geode Capital Management LLC now owns 810,736 shares of the semiconductor company’s stock worth $119,484,000 after purchasing an additional 7,519 shares in the last quarter. American Century Companies Inc. grew its position in shares of Silicon Laboratories by 26.1% during the second quarter. American Century Companies Inc. now owns 643,142 shares of the semiconductor company’s stock valued at $94,774,000 after purchasing an additional 132,964 shares in the last quarter. Bank of America Corp DE increased its holdings in shares of Silicon Laboratories by 1.7% in the 2nd quarter. Bank of America Corp DE now owns 458,791 shares of the semiconductor company’s stock worth $67,607,000 after buying an additional 7,743 shares during the last quarter. Finally, AQR Capital Management LLC increased its stake in Silicon Laboratories by 1,970.7% during the second quarter. AQR Capital Management LLC now owns 370,492 shares of the semiconductor company’s stock worth $54,516,000 after acquiring an additional 352,600 shares during the last quarter.

Wall Street Analyst Weigh In

SLAB has been the subject of a number of research analyst reports. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Silicon Laboratories in a report on Monday, December 29th. Royal Bank Of Canada began coverage on Silicon Laboratories in a research note on Thursday, January 15th. They set a “sector perform” rating and a $160.00 price target on the stock. Four investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Silicon Laboratories presently has an average rating of “Hold” and a consensus target price of $154.25.

Insider Activity at Silicon Laboratories

In other news, Director Nina Richardson sold 1,355 shares of the stock in a transaction on Tuesday, January 13th. The shares were sold at an average price of $149.00, for a total value of $201,895.00. Following the completion of the transaction, the director owned 8,543 shares in the company, valued at approximately $1,272,907. This represents a 13.69% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, SVP Brandon Tolany sold 1,954 shares of Silicon Laboratories 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 sale, the senior vice president directly owned 62,381 shares in the company, valued at $8,826,287.69. The trade was a 3.04% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 7,555 shares of company stock valued at $1,073,528. 1.60% of the stock is owned by corporate insiders.

Silicon Laboratories Stock Performance

NASDAQ SLAB traded up $3.08 on Wednesday, reaching $143.59. The company’s stock had a trading volume of 9,742 shares, compared to its average volume of 309,463. The stock has a market cap of $4.72 billion, a PE ratio of -54.32 and a beta of 1.55. The firm’s 50 day moving average is $137.08 and its two-hundred day moving average is $134.62. Silicon Laboratories, Inc. has a twelve month low of $82.82 and a twelve month high of $160.00.

Silicon Laboratories (NASDAQ:SLAB) last posted its quarterly earnings data on Tuesday, November 4th. The semiconductor company reported $0.32 EPS for the quarter, topping analysts’ consensus estimates of $0.30 by $0.02. The firm had revenue of $206.00 million during the quarter, compared to analyst estimates 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. Equities research analysts anticipate that Silicon Laboratories, Inc. will post -0.97 EPS for the current fiscal year.

About Silicon Laboratories

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.