GSA Capital Partners LLP Purchases 12,990 Shares of Silicom Ltd. (NASDAQ:SILC)

GSA Capital Partners LLP grew its position in shares of Silicom Ltd. (NASDAQ:SILC) by 89.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 27,482 shares of the technology company’s stock after purchasing an additional 12,990 shares during the period. GSA Capital Partners LLP owned about 0.41% of Silicom worth $377,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of SILC. Quadrature Capital Ltd bought a new stake in Silicom in the 1st quarter worth approximately $256,000. Kent Lake Capital LLC lifted its holdings in shares of Silicom by 5.0% in the 1st quarter. Kent Lake Capital LLC now owns 315,000 shares of the technology company’s stock worth $4,678,000 after acquiring an additional 15,000 shares during the last quarter. Finally, Acadian Asset Management LLC boosted its stake in shares of 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 purchasing an additional 5,749 shares in the last quarter. 52.85% of the stock is currently owned by hedge funds and other institutional investors.

Silicom Stock Up 0.3 %

Shares of NASDAQ SILC opened at $14.53 on Friday. The firm’s fifty day moving average is $13.61 and its 200 day moving average is $14.42. Silicom Ltd. has a 52 week low of $11.35 and a 52 week high of $19.04. The company has a market cap of $98.16 million, a price-to-earnings ratio of -4.84 and a beta of 1.04.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the stock. StockNews.com upgraded shares of Silicom from a “sell” rating to a “hold” rating in a research report on Saturday, August 31st. Needham & Company LLC initiated coverage on Silicom in a report on Monday, November 4th. They issued a “hold” rating on the stock.

Silicom Profile

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.