Kent Lake Capital LLC Invests $5.43 Million in Silicom Ltd. (NASDAQ:SILC)

Kent Lake Capital LLC purchased a new position in Silicom Ltd. (NASDAQ:SILC - Free Report) in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 300,000 shares of the technology company's stock, valued at approximately $5,430,000. Silicom accounts for 2.1% of Kent Lake Capital LLC's portfolio, making the stock its 21st largest holding. Kent Lake Capital LLC owned 4.44% of Silicom as of its most recent filing with the SEC.

A number of other institutional investors also recently made changes to their positions in the stock. Wellington Management Group LLP lifted its stake in shares of Silicom by 1.7% in the 1st quarter. Wellington Management Group LLP now owns 677,200 shares of the technology company's stock worth $26,661,000 after acquiring an additional 11,270 shares during the period. First Wilshire Securities Management Inc. raised its holdings in shares of Silicom by 10.5% in the 3rd quarter. First Wilshire Securities Management Inc. now owns 665,894 shares of the technology company's stock worth $17,380,000 after purchasing an additional 63,070 shares in the last quarter. Systematic Financial Management LP raised its holdings in shares of Silicom by 2.5% in the 4th quarter. Systematic Financial Management LP now owns 591,091 shares of the technology company's stock worth $24,914,000 after purchasing an additional 14,605 shares in the last quarter. Yelin Lapidot Holdings Management Ltd. bought a new stake in shares of Silicom in the 3rd quarter worth approximately $5,769,000. Finally, Intrepid Capital Management Inc. raised its holdings in shares of Silicom by 6.9% in the 2nd quarter. Intrepid Capital Management Inc. now owns 100,992 shares of the technology company's stock worth $3,723,000 after purchasing an additional 6,481 shares in the last quarter. 52.85% of the stock is owned by institutional investors and hedge funds.

Silicom Stock Up 1.2 %

Shares of SILC stock traded up $0.18 during trading hours on Friday, reaching $15.20. 11,157 shares of the stock traded hands, compared to its average volume of 21,507. Silicom Ltd. has a 1-year low of $13.75 and a 1-year high of $40.70. The business has a fifty day moving average price of $15.54 and a 200 day moving average price of $17.69. The firm has a market capitalization of $102.75 million, a PE ratio of -30.40 and a beta of 1.03.

Silicom (NASDAQ:SILC - Get Free Report) last released its quarterly earnings results on Thursday, February 1st. The technology company reported ($1.76) earnings per share (EPS) for the quarter. Silicom had a negative net margin of 2.38% and a negative return on equity of 1.62%. The firm had revenue of $18.76 million for the quarter.

Analyst Ratings Changes

A number of research firms recently commented on SILC. TheStreet downgraded shares of Silicom from a "c-" rating to a "d" rating in a report on Friday, February 2nd. StockNews.com downgraded shares of Silicom from a "hold" rating to a "sell" rating in a report on Monday, February 5th.

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.