Avinoam Eizenman Sells 9,023 Shares of Silicom (NASDAQ:SILC) Stock

Silicom Ltd (NASDAQ:SILC) Director Avinoam Eizenman sold 9,023 shares of the company’s stock in a transaction that occurred on Thursday, May 7th. The stock was sold at an average price of $44.66, for a total value of $402,967.18. Following the transaction, the director directly owned 188,736 shares in the company, valued at approximately $8,428,949.76. This trade represents a 4.56% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website.

Silicom Stock Performance

SILC stock opened at $44.87 on Monday. The company has a market cap of $256.03 million, a P/E ratio of -23.25 and a beta of 1.59. Silicom Ltd has a fifty-two week low of $13.34 and a fifty-two week high of $48.92. The stock’s 50 day simple moving average is $24.07 and its 200 day simple moving average is $18.95.

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

Institutional Trading of Silicom

Several institutional investors and hedge funds have recently modified their holdings of the stock. Barclays PLC raised its stake in shares of Silicom by 33.8% in 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 last quarter. Hudson Bay Capital Management LP purchased a new stake in shares of Silicom in the fourth quarter worth approximately $3,306,000. Goldman Sachs Group Inc. raised its stake 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 worth $193,000 after purchasing an additional 1,751 shares during the last quarter. Nano Cap New Millennium Growth Fund L P purchased a new stake in shares of Silicom in the fourth quarter worth approximately $2,639,000. Finally, Susquehanna International Group LLP purchased a new stake in shares of Silicom in the third quarter worth approximately $277,000. 52.85% of the stock is owned by hedge funds and other 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.