Silicom Ltd. (NASDAQ:SILC - Get Free Report) crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $14.96 and traded as high as $15.25. Silicom shares last traded at $14.78, with a volume of 17,286 shares trading hands.
Analyst Ratings Changes
Separately, Needham & Company LLC reissued a "hold" rating on shares of Silicom in a report on Monday, February 3rd.
Get Our Latest Report on Silicom
Silicom Trading Down 1.8 %
The company has a market capitalization of $98.10 million, a P/E ratio of -7.26 and a beta of 0.98. The company's fifty day moving average is $16.40 and its 200 day moving average is $14.97.
Silicom (NASDAQ:SILC - Get Free Report) last posted its quarterly earnings results on Thursday, January 30th. The technology company reported ($0.76) EPS for the quarter, missing analysts' consensus estimates of ($0.32) by ($0.44). Silicom had a negative return on equity of 8.83% and a negative net margin of 20.66%.
Institutional Investors Weigh In On Silicom
Institutional investors and hedge funds have recently modified their holdings of the company. Systematic Financial Management LP lifted its stake in Silicom by 4.2% in the 4th quarter. Systematic Financial Management LP now owns 510,357 shares of the technology company's stock worth $8,324,000 after purchasing an additional 20,727 shares in the last quarter. Acuitas Investments LLC raised its position in shares of Silicom by 44.2% in the fourth 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 in the last quarter. Northern Trust Corp bought a new stake in Silicom during the fourth quarter valued at $1,050,000. GSA Capital Partners LLP boosted its stake 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 during the period. Finally, Arrowstreet Capital Limited Partnership bought a new position in Silicom in the 4th quarter worth about $266,000. 52.85% of the stock is owned by hedge funds and other institutional investors.
About Silicom
(
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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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