diff --git a/python/traitlets/traitlets.SlackBuild b/python/traitlets/traitlets.SlackBuild
index 9a344f4578..9aae07430d 100644
--- a/python/traitlets/traitlets.SlackBuild
+++ b/python/traitlets/traitlets.SlackBuild
@@ -26,7 +26,7 @@
 cd $(dirname $0) ; CWD=$(pwd)
 
 PRGNAM=traitlets
-VERSION=${VERSION:-5.2.2.post1}
+VERSION=${VERSION:-5.3.0}
 BUILD=${BUILD:-1}
 TAG=${TAG:-_SBo}
 PKGTYPE=${PKGTYPE:-tgz}
diff --git a/python/traitlets/traitlets.info b/python/traitlets/traitlets.info
index 2ebd08de22..e79946f7d5 100644
--- a/python/traitlets/traitlets.info
+++ b/python/traitlets/traitlets.info
@@ -1,8 +1,8 @@
 PRGNAM="traitlets"
-VERSION="5.2.2.post1"
+VERSION="5.3.0"
 HOMEPAGE="https://jupyter.org/"
-DOWNLOAD="https://files.pythonhosted.org/packages/source/t/traitlets/traitlets-5.2.2.post1.tar.gz"
-MD5SUM="44535d43d136c6080c5a341a27206a88"
+DOWNLOAD="https://files.pythonhosted.org/packages/source/t/traitlets/traitlets-5.3.0.tar.gz"
+MD5SUM="ea9b920bd09fa8fcc44325c4d6a6800d"
 DOWNLOAD_x86_64=""
 MD5SUM_x86_64=""
 REQUIRES="decorator"