Silicom (NASDAQ:SILC) Stock Price Passes Above 200-Day Moving Average – What’s Next?

Silicom Ltd. (NASDAQ:SILC – Get Free Report)’s share price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $14.07 and traded as high as $16.34. Silicom shares last traded at $16.31, with a volume of 24,130 shares changing hands. Analysts Set New Price Targets Separately, [...]

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Silicom Ltd. ( NASDAQ:SILC – Get Free Report )’s share price passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $14.

07 and traded as high as $16.34. Silicom shares last traded at $16.



31, with a volume of 24,130 shares changing hands. Analysts Set New Price Targets Separately, Needham & Company LLC began coverage on Silicom in a research note on Monday, November 4th. They issued a “hold” rating on the stock.

View Our Latest Research Report on Silicom Silicom Trading Up 5.7 % Institutional Investors Weigh In On Silicom An institutional investor recently raised its position in Silicom stock. GSA Capital Partners LLP raised its holdings in shares of Silicom Ltd.

( NASDAQ:SILC – Free Report ) by 89.6% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 27,482 shares of the technology company’s stock after acquiring an additional 12,990 shares during the quarter.

GSA Capital Partners LLP owned about 0.41% of Silicom worth $377,000 as of its most recent filing with the Securities and Exchange Commission (SEC). 52.

85% of the stock is owned by institutional investors and hedge funds. Silicom Company Profile ( Get 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. Further Reading Five stocks we like better than Silicom Expert Stock Trading Psychology Tips Work and Play: Investing in the Rise of Bleisure Travel What is the Nasdaq? Complete Overview with History Top Dividend Stocks to Buy Now as Bond Yields Could Lower What is a buyback in stocks? A comprehensive guide for investors SAP: AI Tailwinds Accelerating Enterprise Cloud Business Receive News & Ratings for Silicom Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Silicom and related companies with MarketBeat.com's FREE daily email newsletter .

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