Yelin Lapidot Holdings Management Ltd. Has $3.20 Million Position in Silicom Ltd $SILC

Yelin Lapidot Holdings Management Ltd. lessened its stake in shares of Silicom Ltd (NASDAQ:SILC) by 12.5% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 206,659 shares of the technology company’s stock after selling 29,508 shares during the period. Yelin Lapidot Holdings Management Ltd. owned 3.64% of Silicom worth $3,196,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Systematic Financial Management LP grew its stake in Silicom by 0.4% in the 1st quarter. Systematic Financial Management LP now owns 512,229 shares of the technology company’s stock valued at $7,622,000 after buying an additional 1,872 shares during the last quarter. First Wilshire Securities Management Inc. grew its position in shares of Silicom by 0.7% in the first quarter. First Wilshire Securities Management Inc. now owns 393,483 shares of the technology company’s stock valued at $5,855,000 after purchasing an additional 2,783 shares during the last quarter. Worth Venture Partners LLC increased its stake in shares of Silicom by 15.9% in the first quarter. Worth Venture Partners LLC now owns 92,139 shares of the technology company’s stock worth $1,371,000 after purchasing an additional 12,662 shares during the period. Goldman Sachs Group Inc. acquired a new position in shares of Silicom during the 1st quarter worth about $151,000. Finally, Bank of America Corp DE bought a new stake in Silicom during the 4th quarter valued at approximately $29,000. 52.85% of the stock is currently owned by institutional investors and hedge funds.

Silicom Stock Performance

Shares of NASDAQ:SILC opened at $15.29 on Friday. The company has a market capitalization of $86.74 million, a PE ratio of -6.66 and a beta of 1.01. Silicom Ltd has a 52 week low of $12.29 and a 52 week high of $19.36. The company’s fifty day moving average is $17.26 and its 200-day moving average is $15.98.

Wall Street Analyst Weigh In

SILC has been the topic of several recent analyst reports. Wall Street Zen raised Silicom to a “hold” rating in a research report on Friday, October 3rd. Weiss Ratings reiterated a “sell (d-)” rating on shares of Silicom in a research note on Tuesday, October 14th. One analyst has rated the stock with a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, Silicom currently has an average rating of “Reduce”.

About Silicom

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.