Silicom Ltd (NASDAQ:SILC – Get Free Report) VP David Hendel sold 500 shares of the stock in a transaction dated Thursday, May 7th. The shares were sold at an average price of $45.00, for a total transaction of $22,500.00. Following the completion of the sale, the vice president owned 2,000 shares of the company’s stock, valued at approximately $90,000. The trade was a 20.00% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.
Silicom Stock Performance
NASDAQ SILC opened at $42.42 on Wednesday. The firm has a 50-day simple moving average of $25.50 and a 200 day simple moving average of $19.51. Silicom Ltd has a twelve month low of $13.34 and a twelve month high of $48.92. The stock has a market cap of $242.22 million, a PE ratio of -21.98 and a beta of 1.59.
Silicom (NASDAQ:SILC – Get Free Report) last announced its quarterly earnings data on Thursday, April 30th. The technology company reported ($0.25) earnings per share for the quarter, topping the consensus estimate of ($0.36) by $0.11. Silicom had a negative return on equity of 9.30% and a negative net margin of 16.57%.The company had revenue of $19.10 million for the quarter, compared to analyst estimates of $16.97 million.
Key Headlines Impacting Silicom
- Positive Sentiment: Silicom recently beat quarterly expectations, posting a smaller-than-expected loss and revenue above analyst estimates, which helped support the stock’s sharp run-up this month. Silicom earnings and stock information
- Neutral Sentiment: Short interest increased in April, but the overall short position remains very small, so bearish positioning appears limited overall.
- Negative Sentiment: CEO Liron Eizenman sold 8,900 shares, CFO Eran Gilad sold 6,000 shares, Director Avinoam Eizenman sold 9,023 shares, and VP David Hendel sold 500 shares, signaling broad insider selling that may be viewed as a cautionary sign. SEC filing for CEO sale SEC filing for CFO sale SEC filing for director sale SEC filing for VP sale
Institutional Trading of Silicom
Institutional investors have recently modified their holdings of the company. Bank of America Corp DE acquired a new stake in shares of Silicom during the 4th quarter worth approximately $29,000. Barclays PLC grew its holdings in shares of Silicom by 33.8% during the 4th quarter. Barclays PLC now owns 3,670 shares of the technology company’s stock worth $54,000 after purchasing an additional 927 shares in the last quarter. Goldman Sachs Group Inc. acquired a new stake in shares of Silicom during the 1st quarter worth approximately $151,000. GSA Capital Partners LLP grew its holdings in shares of Silicom by 19.2% during the 3rd 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 in the last quarter. Finally, Susquehanna International Group LLP acquired a new stake in shares of Silicom during the 3rd quarter worth approximately $277,000. Institutional investors and hedge funds own 52.85% of the company’s stock.
About Silicom
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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