Man behind OpenAI makes shocking new bet

Billionaire Sam Altman has become one of the most powerful men in the world by running OpenAI… But there’s a far lesser known investment he’s making that could put OpenAI to shame. In fact this Sam Altman-backed company could actually become a crucial partner for OpenAI… And the US Military… not to mention hundreds of other giant companies around the globe. To make the story even crazier… this company only recently became viable, thanks to an obscure piece of legislation that President Trump signed before he left office… Which ordered the government to take this incredible new technology seriously.

Navdeep S. Sooch net worth and biography

Navdeep Sooch Biography and Net Worth

Director of Silicon Laboratories

Mr. Sooch co-founded Silicon Labs in August 1996 and has served as Chairman of the Board since the company's inception. From 2011 to 2018, he served as the CEO of Ketra, a private solid-state lighting company. Mr. Sooch served as Chief Executive Officer from Silicon Labs’ inception through the end of fiscal 2003 and served as interim Chief Executive Officer from April 2005 to September 2005. From 1985 until founding Silicon Labs, Mr. Sooch held various positions at Crystal Semiconductor/Cirrus Logic, a designer and manufacturer of integrated circuits, including Vice President of Engineering, as well as Product Planning Manager of Strategic Marketing and Design Engineer. From May 1982 to March 1985, Mr. Sooch was a Design Engineer with AT&T Bell Labs. Mr. Sooch holds a B.S. in Electrical Engineering from the University of Michigan, Dearborn and an M.S. in Electrical Engineering from Stanford University.

What is Navdeep S. Sooch's net worth?: The estimated net worth of Navdeep S. Sooch is at least $44.26 million as of December 3rd, 2020. Mr. Sooch owns 426,300 shares of Silicon Laboratories stock worth more than $44,258,466 as of November 21st. This net worth approximation does not reflect any other assets that Mr. Sooch may own. Learn More about Navdeep S. Sooch's net worth.
How do I contact Navdeep S. Sooch?: The corporate mailing address for Mr. Sooch and other Silicon Laboratories executives is 400 WEST CESAR CHAVEZ, AUSTIN TX, 78701. Silicon Laboratories can also be reached via phone at (512) 416-8500 and via email at [email protected]. Learn More on Navdeep S. Sooch's contact information.
Has Navdeep S. Sooch been buying or selling shares of Silicon Laboratories?: Navdeep S. Sooch has not been actively trading shares of Silicon Laboratories during the last ninety days. Most recently, Navdeep S. Sooch sold 5,000 shares of the business's stock in a transaction on Monday, November 15th. The shares were sold at an average price of $207.47, for a transaction totalling $1,037,350.00. Learn More on Navdeep S. Sooch's trading history.
Who are Silicon Laboratories' active insiders?: Silicon Laboratories' insider roster includes William Bock (Director), John Hollister (CFO), Robert Johnson (President), Jack Lazar (Director), Mark Mauldin (CAO), Nina Richardson (Director), Sumit Sadana (Director), Navdeep Sooch (Director), Daniel Thompson (SVP), Brandon Tolany (SVP), and Christy Wyatt (Director). Learn More on Silicon Laboratories' active insiders.
Are insiders buying or selling shares of Silicon Laboratories?: During the last twelve months, insiders at the semiconductor company sold shares 3 times. They sold a total of 11,754 shares worth more than $1,390,390.38. The most recent insider tranaction occured on September, 3rd when SVP Brandon Tolany sold 845 shares worth more than $97,175.00. Insiders at Silicon Laboratories own 1.7% of the company. Learn More about insider trades at Silicon Laboratories.
Information on this page was last updated on 9/3/2024.

Navdeep S. Sooch Insider Trading History at Silicon Laboratories

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction
11/15/2021	Sell	5,000	$207.47	$1,037,350.00
8/23/2021	Sell	10,000	$159.00	$1,590,000.00
12/3/2020	Sell	5,769	$120.06	$692,626.14	426,300
1/13/2020	Sell	15,000	$120.00	$1,800,000.00	433,447
2/1/2017	Sell	50,000	$69.13	$3,456,500.00	424,756
11/14/2016	Sell	32,816	$64.01	$2,100,552.16	524,656
9/30/2016	Sell	50,000	$59.05	$2,952,500.00	524,756
9/1/2016	Sell	100,000	$57.20	$5,720,000.00	574,756
8/22/2016	Sell	20,800	$55.12	$1,146,496.00	668,856
7/27/2016	Sell	4,200	$55.00	$231,000.00	670,556
5/27/2015	Sell	30,000	$54.37	$1,631,100.00
2/17/2015	Sell	35,000	$49.01	$1,715,350.00
2/13/2015	Sell	45,000	$49.29	$2,218,050.00
2/12/2015	Sell	145,000	$49.31	$7,149,950.00
10/28/2014	Sell	15,300	$45.21	$691,713.00
10/23/2014	Sell	1,484	$45.00	$66,780.00
9/2/2014	Sell	8,216	$45.13	$370,788.08
10/21/2013	Sell	11,959	$44.03	$526,554.77
9/9/2013	Sell	35,000	$40.33	$1,411,550.00
9/6/2013	Sell	15,000	$40.16	$602,400.00

Navdeep S. Sooch Buying and Selling Activity at Silicon Laboratories

Silicon Laboratories Company Overview

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. The company sells its products through its direct sales force, as well as through a network of independent sales representatives and distributors. Silicon Laboratories Inc. was founded in 1996 and is headquartered in Austin, Texas.

Today's Range

Now: $103.82

$101.48

$103.92

50 Day Range

MA: $111.29

$98.40

$117.88

2 Week Range

Now: $103.82

$94.00

$154.91

Volume

51,681 shs

Average Volume

297,374 shs

Market Capitalization

$3.37 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

1.2

Man behind OpenAI makes shocking new bet

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