Shares of Silicom Ltd. (NASDAQ:SILC - Get Free Report) crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $14.49 and traded as high as $14.51. Silicom shares last traded at $14.42, with a volume of 30,527 shares traded.
Analysts Set New Price Targets
A number of research analysts have recently commented on the company. StockNews.com raised Silicom from a "sell" rating to a "hold" rating in a report on Saturday, August 31st. Needham & Company LLC initiated coverage on Silicom in a report on Monday, November 4th. They set a "hold" rating for the company.
Get Our Latest Report on Silicom
Silicom Price Performance
The business has a 50 day simple moving average of $13.49 and a 200 day simple moving average of $14.49. The stock has a market cap of $94.37 million, a PE ratio of -4.81 and a beta of 1.04.
Institutional Trading of Silicom
Institutional investors have recently added to or reduced their stakes in the business. GSA Capital Partners LLP raised its holdings in Silicom by 89.6% during the third quarter. GSA Capital Partners LLP now owns 27,482 shares of the technology company's stock valued at $377,000 after buying an additional 12,990 shares in the last quarter. Acadian Asset Management LLC grew its stake in Silicom by 59.8% in the 2nd quarter. Acadian Asset Management LLC now owns 15,370 shares of the technology company's stock valued at $228,000 after buying an additional 5,749 shares during the last quarter. Kent Lake Capital LLC boosted its holdings in Silicom by 5.0% during the first quarter. Kent Lake Capital LLC now owns 315,000 shares of the technology company's stock valued at $4,678,000 after acquiring an additional 15,000 shares during the period. Finally, Quadrature Capital Ltd bought a new stake in Silicom in the 1st quarter valued at $256,000. 52.85% of the stock is currently owned by institutional investors and hedge funds.
Silicom Company Profile
(
Get Free Report)
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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