In a filing, Silicon Laboratories Inc revealed its Director BOCK WILLIAM G unloaded Company’s shares for reported $0.28 million on Jan 22 ’25. In the deal valued at $140.77 per share,2,000 shares were sold. As a result of this transaction, BOCK WILLIAM G now holds 32,115 shares worth roughly $4.39 million.
Then, BOCK WILLIAM G bought 2,000 shares, generating $281,382 in total proceeds.
Before that, Tolany Brandon sold 845 shares. Silicon Laboratories Inc shares valued at $97,175 were divested by the Sr VP WW Sales & Marketing at a price of $115.00 per share. As a result of the transaction, Tolany Brandon now holds 43,615 shares, worth roughly $5.96 million.
Susquehanna initiated its Silicon Laboratories Inc [SLAB] rating to a Neutral in a research note published on December 17, 2024; the price target was $130. A number of analysts have revised their coverage, including Needham’s analysts, who increased its forecast for the stock in late April from “a Hold” to “a Buy”. TD Cowen also remained covering SLAB and reiterated its “Buy” recommendation on April 25, 2024. Summit Insights revised its rating on April 24, 2024. It rated SLAB as “a Hold” which previously was an “a Buy”.
Price Performance Review of SLAB
On Tuesday, Silicon Laboratories Inc [NASDAQ:SLAB] saw its stock jump 1.34% to $136.60. Over the last five days, the stock has gained 2.75%. Silicon Laboratories Inc shares have risen nearly 9.97% since the year began. Nevertheless, the stocks have risen 11.65% over the past one year. While a 52-week high of $154.91 was reached on 02/04/25, a 52-week low of $94.00 was recorded on 01/10/25. SMA at 50 days reached $125.66, while 200 days put it at $117.52.
Levels Of Support And Resistance For SLAB Stock
The 24-hour chart illustrates a support level at 129.67, which if violated will result in even more drops to 122.73. On the upside, there is a resistance level at 143.14. A further resistance level may holdings at 149.67. The Relative Strength Index (RSI) on the 14-day chart is 58.19, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.01, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 44.40%. Stochastics %K at 50.88% indicates the stock is a holding.
How much short interest is there in Silicon Laboratories Inc?
A steep rise in short interest was recorded in Silicon Laboratories Inc stocks on 2025-01-15, dropping by 57102.0 shares to a total of 2.41 million shares. Yahoo Finance data shows the prior-month short interest on 2024-12-13 was 2.47 million shares. There was a decline of -2.37%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on February 08, 2024 when TD Cowen resumed its ‘”an Outperform”‘ rating for the stock and retained the price target to $155.
