Eran Gilad Sells 6,000 Shares of Silicom (NASDAQ:SILC) Stock

Silicom Ltd (NASDAQ:SILC) CFO Eran Gilad sold 6,000 shares of the company’s stock in a transaction dated Thursday, May 7th. The stock was sold at an average price of $44.18, for a total value of $265,080.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Silicom Stock Down 1.8%

Shares of NASDAQ SILC opened at $42.42 on Wednesday. The firm has a market capitalization of $242.22 million, a P/E ratio of -21.98 and a beta of 1.59. The stock’s 50-day simple moving average is $25.50 and its two-hundred day simple moving average is $19.51. Silicom Ltd has a twelve month low of $13.34 and a twelve month high of $48.92.

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

Key Headlines Impacting Silicom

Here are the key news stories impacting Silicom this week:

• Positive Sentiment: Silicom recently beat quarterly expectations, posting a smaller-than-expected loss and revenue above analyst estimates, which helped support the stock’s sharp run-up this month. Silicom earnings and stock information
• Neutral Sentiment: Short interest increased in April, but the overall short position remains very small, so bearish positioning appears limited overall.
• Negative Sentiment: CEO Liron Eizenman sold 8,900 shares, CFO Eran Gilad sold 6,000 shares, Director Avinoam Eizenman sold 9,023 shares, and VP David Hendel sold 500 shares, signaling broad insider selling that may be viewed as a cautionary sign. SEC filing for CEO sale SEC filing for CFO sale SEC filing for director sale SEC filing for VP sale

Hedge Funds Weigh In On Silicom

Institutional investors have recently modified their holdings of the company. Bank of America Corp DE bought a new position in shares of Silicom during the 4th quarter valued at about $29,000. Barclays PLC increased its position in shares of Silicom by 33.8% during the 4th quarter. Barclays PLC now owns 3,670 shares of the technology company’s stock valued at $54,000 after purchasing an additional 927 shares during the last quarter. Goldman Sachs Group Inc. bought a new position in shares of Silicom during the 1st quarter valued at about $151,000. GSA Capital Partners LLP increased its position in shares of 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. Finally, Susquehanna International Group LLP bought a new position in shares of Silicom during the 3rd quarter valued at about $277,000. 52.85% of the stock is currently owned by institutional investors.

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.