Silicom (NASDAQ:SILC) EVP Yuval Karp Sells 2,000 Shares

Silicom Ltd (NASDAQ:SILC) EVP Yuval Karp sold 2,000 shares of the stock in a transaction on Tuesday, May 19th. The shares were sold at an average price of $50.00, for a total transaction of $100,000.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

Silicom Price Performance

Shares of Silicom stock opened at $46.45 on Monday. Silicom Ltd has a fifty-two week low of $13.34 and a fifty-two week high of $52.58. The firm has a fifty day moving average price of $36.76 and a two-hundred day moving average price of $24.16. The company has a market cap of $265.23 million, a PE ratio of -24.07 and a beta of 1.58.

Silicom (NASDAQ:SILC) last released its quarterly earnings data on Thursday, April 30th. The technology company reported ($0.25) EPS for the quarter, topping analysts’ consensus estimates of ($0.36) by $0.11. The company had revenue of $19.10 million during the quarter, compared to the consensus estimate of $16.97 million. Silicom had a negative net margin of 16.57% and a negative return on equity of 9.30%.

Hedge Funds Weigh In On Silicom

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Renaissance Technologies LLC bought a new position in shares of Silicom during the 1st quarter worth about $537,000. First Wilshire Securities Management Inc. lifted its holdings in shares of Silicom by 3.6% during the 1st quarter. First Wilshire Securities Management Inc. now owns 315,642 shares of the technology company’s stock worth $6,660,000 after acquiring an additional 10,834 shares during the period. Barclays PLC lifted its holdings in shares of Silicom by 33.8% during the 4th quarter. Barclays PLC now owns 3,670 shares of the technology company’s stock worth $54,000 after acquiring an additional 927 shares during the period. Hudson Bay Capital Management LP bought a new position in shares of Silicom during the 4th quarter worth about $3,306,000. Finally, Goldman Sachs Group Inc. lifted its holdings in shares of Silicom by 15.4% during the 4th quarter. Goldman Sachs Group Inc. now owns 13,155 shares of the technology company’s stock worth $193,000 after acquiring an additional 1,751 shares during the period. 52.85% of the stock is owned by institutional investors.

About Silicom

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.