Yelin Lapidot Holdings Management Ltd. Has $1.56 Million Stock Holdings in Silicom Ltd $SILC

Yelin Lapidot Holdings Management Ltd. cut its holdings in Silicom Ltd (NASDAQ:SILCFree Report) by 64.1% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 73,765 shares of the technology company’s stock after selling 131,894 shares during the quarter. Yelin Lapidot Holdings Management Ltd. owned approximately 1.30% of Silicom worth $1,556,000 at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the business. Nano Cap New Millennium Growth Fund L P bought a new stake in shares of Silicom during the 4th quarter valued at about $2,639,000. GSA Capital Partners LLP raised its stake in shares of Silicom by 19.2% in the third quarter. GSA Capital Partners LLP now owns 14,685 shares of the technology company’s stock worth $260,000 after purchasing an additional 2,361 shares during the last quarter. Hudson Bay Capital Management LP purchased a new stake in shares of Silicom in the fourth quarter valued at about $3,306,000. Citadel Advisors LLC boosted its stake in shares of Silicom by 7.3% in the 3rd quarter. Citadel Advisors LLC now owns 16,492 shares of the technology company’s stock worth $292,000 after buying an additional 1,117 shares during the last quarter. Finally, Susquehanna International Group LLP bought a new position in Silicom in the 3rd quarter valued at $277,000. 52.85% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, EVP Yuval Karp sold 2,000 shares of Silicom stock in a transaction dated Tuesday, May 19th. The stock was sold at an average price of $50.00, for a total value of $100,000.00. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, VP David Hendel sold 1,000 shares of the business’s stock in a transaction dated Wednesday, May 13th. The shares were sold at an average price of $44.37, for a total transaction of $44,370.00. The disclosure for this sale is available in the SEC filing. Insiders have sold 29,438 shares of company stock worth $1,334,244 in the last ninety days. 25.38% of the stock is currently owned by insiders.

Silicom Stock Performance

Shares of NASDAQ SILC opened at $41.10 on Monday. Silicom Ltd has a 1-year low of $13.34 and a 1-year high of $52.58. The stock has a fifty day simple moving average of $41.03 and a two-hundred day simple moving average of $26.18. The firm has a market cap of $236.32 million, a price-to-earnings ratio of -21.30 and a beta of 1.58.

Silicom (NASDAQ:SILCGet Free Report) last announced its quarterly earnings results on Thursday, April 30th. The technology company reported ($0.25) EPS for the quarter, beating analysts’ consensus estimates of ($0.36) by $0.11. The company had revenue of $19.10 million for the quarter, compared to analysts’ expectations of $16.97 million. Silicom had a negative net margin of 16.57% and a negative return on equity of 9.30%.

About Silicom

(Free Report)

Silicom Ltd. is an Israel‐based provider of advanced networking infrastructure products designed to enhance data throughput, security, and functionality in enterprise, cloud, telecommunications, and edge‐computing environments. The company develops and manufactures a range of network interface cards (NICs), specialized adapters, and turnkey network appliances that support high‐performance packet processing, encryption, compression, and traffic optimization. Silicom’s solutions are engineered to offload complex network functions from central processing units, enabling customers to achieve greater efficiency, reliability, and scalability in their data centers.

Founded in 1987 and headquartered in Lod, Israel, Silicom has grown from a niche hardware developer into a global supplier of connectivity and networking solutions.

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Institutional Ownership by Quarter for Silicom (NASDAQ:SILC)

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