Silicom Ltd. (NASDAQ:SILC) Stock Holdings Increased by Systematic Financial Management LP

Systematic Financial Management LP lifted its position in Silicom Ltd. (NASDAQ:SILC) by 4.2% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 510,357 shares of the technology company’s stock after acquiring an additional 20,727 shares during the quarter. Systematic Financial Management LP owned 7.55% of Silicom worth $8,324,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in SILC. Arrowstreet Capital Limited Partnership acquired a new position in Silicom in the fourth quarter worth $266,000. Acuitas Investments LLC lifted its position in shares of Silicom by 44.2% in the 4th quarter. Acuitas Investments LLC now owns 104,379 shares of the technology company’s stock worth $1,702,000 after buying an additional 31,990 shares during the last quarter. Bank of America Corp DE bought a new position in shares of Silicom in the 4th quarter worth about $29,000. Finally, Northern Trust Corp bought a new position in shares of Silicom in the 4th quarter worth about $1,050,000. 52.85% of the stock is currently owned by institutional investors.

Silicom Stock Performance

Silicom stock opened at $15.02 on Friday. The firm’s 50-day moving average is $14.38 and its 200-day moving average is $15.23. Silicom Ltd. has a 1 year low of $11.35 and a 1 year high of $18.24. The company has a market cap of $85.23 million, a P/E ratio of -7.51 and a beta of 0.93.

Analysts Set New Price Targets

Separately, Needham & Company LLC restated a “hold” rating on shares of Silicom in a research report on Tuesday, April 29th.

Silicom Company Profile

Silicom Ltd., together with its subsidiaries, designs, manufactures, markets, and supports networking and data infrastructure solutions for servers, server-based systems, and communications devices. It offers server network interface cards; and smart cards, such as smart server adapters, which include redirector and switching cards, encryption and data compression hardware acceleration cards, forward error correction acceleration and offloading cards, time synchronization cards, and field programmable gate array-based cards.