Silicom Ltd. (NASDAQ:SILC - Get Free Report) shares passed above its 200-day moving average during trading on Thursday . The stock has a 200-day moving average of $14.12 and traded as high as $17.61. Silicom shares last traded at $17.26, with a volume of 41,644 shares.
Analyst Ratings Changes
Separately, Needham & Company LLC assumed coverage on Silicom in a report on Monday, November 4th. They issued a "hold" rating on the stock.
Get Our Latest Analysis on SILC
Silicom Stock Up 1.7 %
The stock has a market cap of $118.64 million, a PE ratio of -5.85 and a beta of 0.96. The company has a fifty day moving average price of $14.86 and a 200 day moving average price of $14.14.
Institutional Trading of Silicom
A hedge fund recently raised its stake in Silicom stock. GSA Capital Partners LLP raised its position in shares of Silicom Ltd. (NASDAQ:SILC - Free Report) by 89.6% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 27,482 shares of the technology company's stock after acquiring an additional 12,990 shares during the quarter. GSA Capital Partners LLP owned approximately 0.41% of Silicom worth $377,000 at the end of the most recent quarter. Institutional investors own 52.85% of the company's stock.
About Silicom
(
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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