Silicon Laboratories executive sells shares worth $152,360

AUSTIN, TX—Conrad Robert J, Senior Vice President of Worldwide Operations at Silicon Laboratories Inc. (NASDAQ:SLAB), recently sold a portion of his holdings in the company. The $4.3 billion semiconductor company has shown strong momentum, with its stock surging nearly 23% in the past week. According to a filing with the Securities and Exchange Commission, Conrad sold 1,172 shares of common stock on May 13, 2025, at a price of $130 per share. The total value of the transaction amounted to $152,360. Following this sale, Conrad retains ownership of 15,972 shares in the company. The transaction was executed under a 10b5-1 trading plan. The company maintains a healthy balance sheet with a current ratio of 5.17, and InvestingPro analysis indicates analysts expect the company to return to profitability this year. For deeper insights into insider trading patterns and comprehensive financial analysis, explore the detailed Pro Research Report available on InvestingPro.

In other recent news, Silicon Labs has reported a robust financial performance for the first quarter of 2025, with earnings per share (EPS) of -$0.08, surpassing the forecast of -$0.09. The company’s revenue reached $178 million, exceeding the projected $175.7 million and marking a 67% year-over-year increase. Silicon Labs has provided guidance for the second quarter, projecting revenue between $185 million and $200 million, which is above consensus estimates and suggests an 8% quarter-over-quarter increase. Analysts from Benchmark and JPMorgan have maintained their positive outlooks on the company, with both firms reiterating a price target of $160.00. JPMorgan highlighted the company’s strong performance in the March quarter and noted a continued cyclical recovery. Meanwhile, Citi has increased its price target from $138.00 to $140.00, maintaining a Neutral rating, reflecting the company’s strong performance in its Home & Life and Industrial & Commercial segments. Stifel analysts have also raised their price target for Silicon Labs to $144.00, up from $120.00, reaffirming a Buy rating, citing the company’s solid financial report and upward revision of guidance. Silicon Labs’ management has expressed confidence in the company’s ability to outperform the semiconductor industry, focusing on design win ramps and new product introductions.

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