Silicon Laboratories (SLAB) Scheduled to Post Quarterly Earnings on Monday

Silicon Laboratories (NASDAQ:SLAB - Get Free Report) will be posting its quarterly earnings results after the market closes on Monday, November 4th. Analysts expect Silicon Laboratories to post earnings of ($0.21) per share for the quarter. Investors interested in registering for the company's conference call can do so using this link.

Silicon Laboratories Trading Up 1.2 %

NASDAQ:SLAB traded up $1.42 on Monday, hitting $115.11. 129,256 shares of the stock were exchanged, compared to its average volume of 294,491. The stock has a fifty day moving average of $113.12 and a 200-day moving average of $116.05. The stock has a market cap of $3.72 billion, a PE ratio of -18.57 and a beta of 1.19. Silicon Laboratories has a fifty-two week low of $74.56 and a fifty-two week high of $154.91.

Insider Transactions at Silicon Laboratories

In other Silicon Laboratories news, SVP Brandon Tolany sold 845 shares of the company's stock in a transaction that occurred on Tuesday, September 3rd. The stock was sold at an average price of $115.00, for a total value of $97,175.00. Following the completion of the transaction, the senior vice president now owns 43,615 shares of the company's stock, valued at $5,015,725. This represents a 0.00 % decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 1.72% of the company's stock.

Analysts Set New Price Targets

Several equities analysts recently commented on the company. Needham & Company LLC restated a "buy" rating and issued a $150.00 price target on shares of Silicon Laboratories in a report on Thursday, July 25th. StockNews.com raised shares of Silicon Laboratories to a "sell" rating in a report on Tuesday, July 23rd. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, Silicon Laboratories has a consensus rating of "Hold" and an average target price of $135.00.

About Silicon Laboratories

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.