Silicom Ltd $SILC Shares Sold by Acuitas Investments LLC

Acuitas Investments LLC decreased its stake in shares of Silicom Ltd (NASDAQ:SILC) by 75.8% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 27,435 shares of the technology company’s stock after selling 85,802 shares during the period. Acuitas Investments LLC owned 0.48% of Silicom worth $486,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in the stock. Citadel Advisors LLC boosted its stake 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 valued at $292,000 after acquiring an additional 1,117 shares during the last quarter. Bank of America Corp DE acquired a new position in Silicom in the 4th quarter valued at about $29,000. GSA Capital Partners LLP lifted its holdings in Silicom by 19.2% in the 3rd quarter. GSA Capital Partners LLP now owns 14,685 shares of the technology company’s stock valued at $260,000 after purchasing an additional 2,361 shares in the last quarter. Goldman Sachs Group Inc. acquired a new stake in shares of Silicom during the 1st quarter worth about $151,000. Finally, Susquehanna International Group LLP acquired a new stake in shares of Silicom during the 3rd quarter worth about $277,000. 52.85% of the stock is owned by institutional investors and hedge funds.

Silicom Price Performance

NASDAQ SILC opened at $19.45 on Wednesday. The company has a market capitalization of $110.28 million, a price-to-earnings ratio of -9.68 and a beta of 1.02. Silicom Ltd has a 12 month low of $12.44 and a 12 month high of $23.00. The company’s fifty day moving average price is $18.37 and its two-hundred day moving average price is $16.84.

Silicom (NASDAQ:SILC) last issued its earnings results on Thursday, January 29th. The technology company reported ($0.34) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.37) by $0.03. The business had revenue of $16.91 million for the quarter, compared to analyst estimates of $15.65 million. Silicom had a negative net margin of 18.54% and a negative return on equity of 9.50%.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings reissued a “sell (d-)” rating on shares of Silicom in a research report on Monday, December 29th. One research analyst has rated the stock with a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Reduce”.

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.