Silicom Ltd (NASDAQ:SILC) Short Interest Update

Silicom Ltd (NASDAQ:SILC) saw a significant growth in short interest during the month of March. As of March 13th, there was short interest totaling 12,019 shares, a growth of 87.3% from the February 26th total of 6,418 shares. Based on an average daily volume of 67,600 shares, the short-interest ratio is presently 0.2 days. Currently, 0.3% of the company’s stock are short sold.

Institutional Trading of Silicom

Several institutional investors and hedge funds have recently bought and sold shares of the business. Systematic Financial Management LP increased its holdings in shares of Silicom by 3.5% during the 2nd quarter. Systematic Financial Management LP now owns 530,368 shares of the technology company’s stock worth $8,203,000 after acquiring an additional 18,139 shares during the last quarter. GSA Capital Partners LLP lifted its holdings in Silicom by 19.2% during 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 during the last quarter. Nano Cap New Millennium Growth Fund L P acquired a new stake in Silicom during the 4th quarter valued at $2,639,000. Barclays PLC boosted its position in Silicom by 33.8% during the fourth quarter. Barclays PLC now owns 3,670 shares of the technology company’s stock worth $54,000 after purchasing an additional 927 shares during the period. Finally, Goldman Sachs Group Inc. increased its holdings in shares of Silicom by 15.4% in the fourth quarter. Goldman Sachs Group Inc. now owns 13,155 shares of the technology company’s stock valued at $193,000 after purchasing an additional 1,751 shares during the last quarter. Institutional investors own 52.85% of the company’s stock.

Wall Street Analyst Weigh In

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

Silicom Price Performance

SILC stock traded down $1.13 during mid-day trading on Thursday, reaching $21.47. The company had a trading volume of 12,924 shares, compared to its average volume of 55,121. The company has a market capitalization of $121.75 million, a price-to-earnings ratio of -11.03 and a beta of 1.02. Silicom has a 52 week low of $12.44 and a 52 week high of $23.10. The stock has a 50 day simple moving average of $18.91 and a two-hundred day simple moving average of $16.97.

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

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.