Walleye Capital LLC Sells 3,116 Shares of Silicom Ltd $SILC

Walleye Capital LLC lowered its holdings in shares of Silicom Ltd (NASDAQ:SILC) by 9.5% during the 1st quarter, HoldingsChannel reports. The fund owned 29,718 shares of the technology company’s stock after selling 3,116 shares during the period. Walleye Capital LLC’s holdings in Silicom were worth $442,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Bank of America Corp DE purchased a new position in shares of Silicom during the fourth quarter valued at approximately $29,000. Northern Trust Corp purchased a new stake in shares of Silicom in the 4th quarter worth approximately $1,050,000. Acuitas Investments LLC raised its stake in Silicom by 8.9% during the first quarter. Acuitas Investments LLC now owns 113,720 shares of the technology company’s stock valued at $1,692,000 after buying an additional 9,341 shares during the last quarter. First Wilshire Securities Management Inc. raised its stake in Silicom by 0.7% during 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 buying an additional 2,783 shares during the last quarter. Finally, Systematic Financial Management LP boosted its holdings in Silicom by 0.4% in the first quarter. Systematic Financial Management LP now owns 512,229 shares of the technology company’s stock worth $7,622,000 after acquiring an additional 1,872 shares in the last quarter. Institutional investors own 52.85% of the company’s stock.

Silicom Trading Down 1.6%

Silicom stock opened at $16.16 on Wednesday. The business’s fifty day simple moving average is $15.85 and its two-hundred day simple moving average is $15.19. Silicom Ltd has a 12 month low of $12.29 and a 12 month high of $18.61. The company has a market capitalization of $91.63 million, a price-to-earnings ratio of -7.09 and a beta of 0.97.

Silicom Company Profile

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.