Northern Trust Corp acquired a new stake in Silicom Ltd. (NASDAQ:SILC - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 64,390 shares of the technology company's stock, valued at approximately $1,050,000. Northern Trust Corp owned about 0.95% of Silicom as of its most recent filing with the SEC.
Separately, Arrowstreet Capital Limited Partnership acquired a new position in Silicom in the 4th quarter valued at $266,000. Institutional investors own 52.85% of the company's stock.
Silicom Trading Down 4.5%
NASDAQ:SILC traded down $0.70 during trading hours on Monday, hitting $14.68. The company had a trading volume of 1,696 shares, compared to its average volume of 23,359. The company has a 50-day moving average of $14.35 and a 200 day moving average of $15.29. The company has a market cap of $83.30 million, a P/E ratio of -7.34 and a beta of 0.93. Silicom Ltd. has a 1 year low of $11.35 and a 1 year high of $18.24.
Wall Street Analysts Forecast Growth
Separately, Needham & Company LLC reissued a "hold" rating on shares of Silicom in a research note on Tuesday, April 29th.
Read Our Latest Analysis on Silicom
Silicom Company Profile
(
Free Report)
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.
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