FMR LLC & Abigail Johnson Maintain 14.999% Stake in Silicon Labs
Ticker: SLAB · Form: SC 13G/A · Filed: Feb 9, 2024 · CIK: 1038074
| Field | Detail |
|---|---|
| Company | Silicon Laboratories Inc. (SLAB) |
| Form Type | SC 13G/A |
| Filed Date | Feb 9, 2024 |
| Risk Level | low |
| Sentiment | neutral |
Complexity: simple
Sentiment: neutral
Topics: institutional-ownership, amendment, semiconductors
TL;DR
**FMR LLC and Abigail Johnson still own nearly 15% of Silicon Labs.**
AI Summary
FMR LLC, a major investment firm, and its principal owner, Abigail P. Johnson, have filed an amendment (SC 13G/A) on February 9, 2024, indicating they collectively beneficially own 4,766,878 shares of SILICON LABORATORIES INC. common stock, representing 14.999% of the company. This is an amendment to a previous filing, showing their continued significant stake in the semiconductor company. For investors, this means a large institutional holder maintains a substantial, though not controlling, interest, which can signal confidence or provide a degree of stability to the stock.
Why It Matters
This filing shows that a major institutional investor, FMR LLC, and its leader, Abigail P. Johnson, continue to hold a significant portion of SILICON LABORATORIES INC. stock, which can influence trading sentiment and potentially provide a floor for the stock price.
Risk Assessment
Risk Level: low — This filing indicates a stable, significant institutional ownership, which generally reduces volatility and provides a vote of confidence in the company.
Analyst Insight
Investors should note the continued significant institutional ownership by FMR LLC, which can be a positive signal of long-term confidence, but this filing itself doesn't suggest an immediate buy or sell action.
Key Numbers
- 4,766,878 — Shares Beneficially Owned (The total number of common stock shares of SILICON LABORATORIES INC. held by FMR LLC and Abigail P. Johnson.)
- 14.999% — Percent of Class (The percentage of SILICON LABORATORIES INC.'s common stock beneficially owned by FMR LLC and Abigail P. Johnson.)
- 0000315066-24-001493 — Accession Number (Unique identifier for this specific SEC filing.)
- 20240209 — Filed As Of Date (The date this SC 13G/A amendment was filed with the SEC.)
Key Players & Entities
- FMR LLC (company) — reporting person and parent holding company
- Abigail P. Johnson (person) — reporting person and principal owner of FMR LLC
- SILICON LABORATORIES INC. (company) — the issuer of the securities
- 4,766,878 (dollar_amount) — total shares beneficially owned
Forward-Looking Statements
- FMR LLC will maintain a significant stake in SILICON LABORATORIES INC. for the foreseeable future. (FMR LLC) — high confidence, target: 2025-02-09
- The substantial institutional ownership by FMR LLC will continue to provide a degree of stability to SILICON LABORATORIES INC.'s stock price. (SILICON LABORATORIES INC.) — medium confidence, target: 2024-08-09
FAQ
Who are the reporting persons in this SC 13G/A filing?
The reporting persons are FMR LLC and Abigail P. Johnson, as stated in Item 1 of the filing for each reporting person.
What is the total number of shares of SILICON LABORATORIES INC. common stock beneficially owned by the reporting persons?
FMR LLC and Abigail P. Johnson collectively beneficially own 4,766,878 shares of SILICON LABORATORIES INC. common stock, as indicated in Item 4(a) for FMR LLC and Item 7 for Abigail P. Johnson.
What percentage of SILICON LABORATORIES INC.'s common stock do the reporting persons beneficially own?
The reporting persons beneficially own 14.999% of the class of SILICON LABORATORIES INC. common stock, as stated in Item 11 for both FMR LLC and Abigail P. Johnson, and Item 4(b) for FMR LLC.
What is the CUSIP number for the securities discussed in this filing?
The CUSIP number for SILICON LABORATORIES INC. common stock is 826919102, as listed in the filing under 'Cusip #826919102' and Item 2(e).
Under which rule is this Schedule 13G filed?
This Schedule 13G is filed pursuant to Rule 13d-1(b), as indicated by the 'x' in the appropriate box and further explained in Item 3 of the filing.
Filing Details
This Form SC 13G/A (Form SC 13G/A) was filed with the SEC on February 9, 2024 by Abigail P. Johnson regarding SILICON LABORATORIES INC. (SLAB).