Yelin Lapidot Holdings Management Ltd. lessened its holdings in Silicom Ltd. (NASDAQ:SILC – Free Report) by 4.4% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 236,167 shares of the technology company’s stock after selling 10,874 shares during the quarter. Yelin Lapidot Holdings Management Ltd. owned 3.49% of Silicom worth $3,852,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Separately, Acuitas Investments LLC boosted its stake in Silicom by 44.2% in the fourth quarter. Acuitas Investments LLC now owns 104,379 shares of the technology company’s stock valued at $1,702,000 after acquiring an additional 31,990 shares during the last quarter. Hedge funds and other institutional investors own 52.85% of the company’s stock.
Silicom Stock Down 1.4 %
NASDAQ SILC opened at $16.50 on Friday. The company has a market cap of $111.47 million, a PE ratio of -8.25 and a beta of 0.98. The firm’s 50-day simple moving average is $16.81 and its two-hundred day simple moving average is $14.72. Silicom Ltd. has a 52 week low of $11.35 and a 52 week high of $18.24.
Analysts Set New Price Targets
Separately, Needham & Company LLC reaffirmed a “hold” rating on shares of Silicom in a report on Monday, February 3rd.
View Our Latest Stock Report on Silicom
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.
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