Silicon Laboratories Inc’s filing revealed that its Director BOCK WILLIAM G unloaded Company’s shares for reported $0.15 million on Feb 18 ’25. In the deal valued at $149.43 per share,1,000 shares were sold. As a result of this transaction, BOCK WILLIAM G now holds 31,115 shares worth roughly $3.85 million.
Then, BOCK WILLIAM G bought 1,000 shares, generating $149,342 in total proceeds.
Before that, SOOCH NAVDEEP S sold 2,640 shares. Silicon Laboratories Inc shares valued at $393,571 were divested by the Director at a price of $149.08 per share. As a result of the transaction, SOOCH NAVDEEP S now holds 397,927 shares, worth roughly $49.26 million.
The Benchmark Company upgraded its Silicon Laboratories Inc [SLAB] rating to a Buy from a a Hold in a research note published recently. A number of analysts have revised their coverage, including Susquehanna’s analysts, who began to cover the stock in mid December with a ‘”a Neutral”‘ rating. Needham also remained covering SLAB and has increased its forecast on April 25, 2024 with a “Buy” recommendation from previously “Hold” rating. TD Cowen maintained its rating on April 25, 2024. It rated SLAB as “a Buy”.
Price Performance Review of SLAB
On Tuesday, Silicon Laboratories Inc [NASDAQ:SLAB] saw its stock fall -7.48% to $123.80. Over the last five days, the stock has lost -7.58%. Silicon Laboratories Inc shares have fallen nearly -0.34% since the year began. Nevertheless, the stocks have fallen -18.55% over the past one year. While a 52-week high of $160.00 was reached on 02/21/25, a 52-week low of $94.00 was recorded on 03/11/25. SMA at 50 days reached $138.11, while 200 days put it at $119.91.
Levels Of Support And Resistance For SLAB Stock
The 24-hour chart illustrates a support level at 119.57, which if violated will result in even more drops to 115.34. On the upside, there is a resistance level at 130.68. A further resistance level may holdings at 137.55. The Relative Strength Index (RSI) on the 14-day chart is 34.35, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -8.26, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 95.81%. Stochastics %K at 15.63% indicates the stock is a buying.
