Silicom Ltd (NASDAQ:SILC) Short Interest Update

Silicom Ltd (NASDAQ:SILC) was the target of a significant drop in short interest in January. As of January 15th, there was short interest totaling 96 shares, a drop of 99.4% from the December 31st total of 15,325 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 23,777 shares, the short-interest ratio is presently 0.0 days. Based on an average daily volume of 23,777 shares, the short-interest ratio is presently 0.0 days. Approximately 0.0% of the company’s stock are short sold.

Analyst Upgrades and Downgrades

A number of research analysts have commented on SILC shares. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Silicom in a report on Monday, December 29th. Wall Street Zen upgraded Silicom to a “hold” rating in a research report on Friday, October 3rd. One analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Silicom presently has an average rating of “Reduce”.

Institutional Trading of Silicom

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Bank of America Corp DE acquired a new position in Silicom in the fourth quarter worth approximately $29,000. Goldman Sachs Group Inc. bought a new stake in shares of Silicom during the 1st quarter worth $151,000. GSA Capital Partners LLP boosted its stake 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 acquiring an additional 2,361 shares in the last quarter. Susquehanna International Group LLP acquired a new position in shares of Silicom in the 3rd quarter worth $277,000. Finally, Citadel Advisors LLC raised its position in shares of Silicom by 7.3% during the third quarter. Citadel Advisors LLC now owns 16,492 shares of the technology company’s stock worth $292,000 after purchasing an additional 1,117 shares during the period. 52.85% of the stock is owned by institutional investors and hedge funds.

Silicom Price Performance

Shares of Silicom stock traded down $0.02 during trading on Tuesday, hitting $15.86. The stock had a trading volume of 8,765 shares, compared to its average volume of 39,068. The business has a fifty day moving average of $14.84 and a two-hundred day moving average of $15.96. Silicom has a fifty-two week low of $12.44 and a fifty-two week high of $19.36. The firm has a market cap of $89.93 million, a P/E ratio of -6.81 and a beta of 1.04.

Silicom (NASDAQ:SILC) last issued its quarterly earnings results on Thursday, October 30th. The technology company reported ($0.49) EPS for the quarter, missing the consensus estimate of ($0.36) by ($0.13). Silicom had a negative return on equity of 10.83% and a negative net margin of 22.47%.The business had revenue of $15.61 million during the quarter, compared to the consensus estimate of $15.64 million.

Silicom Company Profile

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.