Isthmus Partners LLC grew its position in Silicom Ltd. (NASDAQ:SILC) by 3.3% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 36,205 shares of the technology company’s stock after purchasing an additional 1,145 shares during the quarter. Isthmus Partners LLC’s holdings in Silicom were worth $1,595,000 as of its most recent filing with the SEC.
Other large investors have also recently bought and sold shares of the company. Citigroup Inc. bought a new stake in shares of Silicom in the 2nd quarter valued at $57,000. PDT Partners LLC bought a new stake in shares of Silicom in the 1st quarter valued at $203,000. Pointe Capital Management LLC bought a new stake in shares of Silicom in the 1st quarter valued at $203,000. The PNC Financial Services Group Inc. boosted its stake in shares of Silicom by 20.9% in the 1st quarter. The PNC Financial Services Group Inc. now owns 5,200 shares of the technology company’s stock valued at $234,000 after purchasing an additional 900 shares during the last quarter. Finally, PNC Financial Services Group Inc. boosted its stake in shares of Silicom by 7.7% in the 2nd quarter. PNC Financial Services Group Inc. now owns 5,600 shares of the technology company’s stock valued at $246,000 after purchasing an additional 400 shares during the last quarter. 50.77% of the stock is currently owned by institutional investors.
NASDAQ SILC traded down $0.25 on Wednesday, hitting $43.40. 2 shares of the company were exchanged, compared to its average volume of 45,065. The company has a market cap of $299.42 million, a PE ratio of 40.79 and a beta of 0.73. Silicom Ltd. has a 12 month low of $29.24 and a 12 month high of $59.27. The stock has a fifty day moving average of $43.27 and a 200-day moving average of $43.87.
Separately, TheStreet lowered shares of Silicom from a “b” rating to a “c+” rating in a research note on Monday.
Silicom Ltd. engages in the provision of networking and data infrastructure solutions. The firm operates through the following geographical segments: North America, Europe, and Asia Pacific. Its products include server adapters, smart cards, bypass switches and intelligent bypass switches. The company was founded by Avi Eizenman, Yehuda Zisapel, and Zohar Zisapel in 1987 and is headquartered in Kfar Saba, Israel.
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