Pekin Singer Strauss Asset Management Increased Its Silicom LTD (SILC) Stake by $3.83 Million; Stock Declined

Silicom Ltd. (NASDAQ:SILC) Logo

Pekin Singer Strauss Asset Management increased its stake in Silicom Ltd (SILC) by 408.73% based on its latest 2018Q2 regulatory filing with the SEC. Pekin Singer Strauss Asset Management bought 100,753 shares as the company’s stock declined 6.27% while stock markets rallied. The institutional investor held 125,403 shares of the computer communications equipment company at the end of 2018Q2, valued at $4.82M, up from 24,650 at the end of the previous reported quarter. Pekin Singer Strauss Asset Management who had been investing in Silicom Ltd for a number of months, seems to be bullish on the $303.19M market cap company. The stock decreased 2.76% or $1.14 during the last trading session, reaching $40.16. About 32,242 shares traded. Silicom Ltd. (NASDAQ:SILC) has declined 34.33% since November 14, 2017 and is downtrending. It has underperformed by 49.95% the S&P500.

More news for Silicom Ltd. (NASDAQ:SILC) were recently published by: Seekingalpha.com, which released: “Silicom’s (SILC) CEO Shaike Orbach on Q3 2018 Results – Earnings Call Transcript” on October 25, 2018. Seekingalpha.com‘s article titled: “Silicom Ltd 2018 Q3 – Results – Earnings Call Slides” and published on October 25, 2018 is yet another important article.

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