I thought what happened 25 years ago was a once- in-a-lifetime event… but how wrong I was. Because here we are, a quarter of a century later, almost to the exact day, and it’s happening again.

Sumit Sadana Biography and Net Worth

Director of Silicon Laboratories

Mr. Sadana has served as a Director of Silicon Labs since 2015. He is currently the Executive Vice President and Chief Business Officer at Micron Technology. Prior to this role, Mr. Sadana was the President of Sunrise Capital Management, a technology, M&A and financial consulting/advisory firm from 2016 to 2017. Prior to this role, Mr. Sadana served as SanDisk's Executive Vice President, Chief Strategy Officer and General Manager of Enterprise Solutions from 2015 to 2016, as Executive Vice President and Chief Strategy Officer from 2012 to 2015, and as Senior Vice President and Chief Strategy Officer from 2010 to 2012. Mr. Sadana was President of Sunrise Capital, a technology and financial consulting firm, from 2008 to 2010. Mr. Sadana was also Senior Vice President of Strategy and Business Development at Freescale Semiconductor from 2004 to 2008, as well as Freescale's Chief Technology Officer from 2006 to 2007. Mr. Sadana started his career at IBM Corporation where he held several hardware design, software development, operations, strategic planning, business development and general management roles. Mr. Sadana has a Bachelor of Technology degree in Electrical Engineering from the Indian Institute of Technology (IIT), Kharagpur (India) and an M.S. in Electrical Engineering from Stanford University.

What is Sumit Sadana's net worth?: The estimated net worth of Sumit Sadana is at least $24.27 million as of May 13th, 2024. Mr. Sadana owns 218,048 shares of Silicon Laboratories stock worth more than $24,268,742 as of November 8th. This net worth estimate does not reflect any other investments that Mr. Sadana may own. Learn More about Sumit Sadana's net worth.
How do I contact Sumit Sadana?: The corporate mailing address for Mr. Sadana 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 Sumit Sadana's contact information.
Has Sumit Sadana been buying or selling shares of Silicon Laboratories?: Sumit Sadana has not been actively trading shares of Silicon Laboratories over the course of the past ninety days. Most recently, on Wednesday, May 26th, Sumit Sadana bought 1,000 shares of Silicon Laboratories stock. The stock was acquired at an average cost of $132.80 per share, with a total value of $132,800.00. Following the completion of the transaction, the director now directly owns 10,281 shares of the company's stock, valued at $1,365,316.80. Learn More on Sumit Sadana'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.

Sumit Sadana Insider Trading History at Silicon Laboratories

Transaction Date	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction	Details
5/26/2021	Buy	1,000	$132.80	$132,800.00	10,281
8/13/2018	Sell	5,500	$95.56	$525,580.00	5,313

Sumit Sadana 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: $111.30

$111.08

$112.29

50 Day Range

MA: $112.22

$103.86

$118.37

2 Week Range

Now: $111.30

$92.55

$154.91

Volume

51,327 shs

Average Volume

298,564 shs

Market Capitalization

$3.61 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

1.2

I was wrong. Dead wrong.

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