David Castiel Sells Shares of Silicom Ltd.
Silicom's VP of Engineering, David Castiel, sold 2,000 shares on June 14, 2026.
Key Points
- David Castiel, VP of Engineering at Silicom Ltd., sold 2,000 shares on June 14, 2026.
- Silicom Ltd.'s stock is trading near $48.60 with a market cap of approximately $273.3 million.
- Needham maintained a 'buy' rating for Silicom Ltd., setting a price target of $20 on February 1, 2024.
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David Castiel, the Vice President of Engineering at Silicom Ltd., sold 2,000 shares of the company on June 14, 2026. The transaction was not part of a pre-arranged trading plan. Silicom's shares are currently trading around $48.60 on the Nasdaq Global Select Market.
Insider Buying and Selling at Silicom Ltd.
On the same day, several other insider transactions occurred. Liron Eizenman, President and CEO, sold 12,500 shares, while Avinoam Eizenman bought 12,500 shares. Meanwhile, David Cohen, Executive Vice President of Operations, and David Hendel, Vice President of R&D, each executed transactions involving 2,000 shares.
Other Institutional Activity in Silicom
Systematic Financial Management LP reduced its holdings by 13,586 shares, ending with 537,459 shares valued at approximately $11.34 million. First Wilshire Securities Management Inc increased its position by 10,834 shares, bringing its total to 315,642 shares worth about $6.66 million. Nano Cap New Millennium Growth Fund L P added 11,000 shares, resulting in a total of 190,500 shares valued at around $4.02 million. Herald Investment Management Ltd trimmed its stake by 1,700 shares, holding 123,300 shares worth $2.60 million. Morgan Stanley increased its position by 3,147 shares to hold 102,377 shares valued at $2.16 million.
Silicom Ltd. Stock Up 15.2%
Shares of NasdaqGS:SILC traded near $48.60. Silicom Ltd. has a market cap of about $273.3 million. The company has no meaningful P/E ratio as it isn't currently profitable. Its beta is 1.58. The stock's 52-week range is between $13.34 and $52.58, with a 50-day moving average of $37.60 and a 200-day moving average of $22.26. The current ratio is 3.30, while the quick ratio stands at 1.50, and the debt-to-equity ratio is 5.69.
Recent Earnings
Silicom Ltd. reported revenue of $66.64 million with a growth rate of 32.8%. However, the company posted a net margin of -16.57% and a return on equity of -9.17%. The next earnings report is scheduled for July 30, 2026.
Analysts Set New Price Targets
On February 1, 2024, Needham maintained its 'buy' rating for Silicom Ltd., setting a price target of $20. The firm has consistently supported the stock, reiterating its 'buy' rating multiple times over the past year.
About Silicom Ltd.
Silicom Ltd., headquartered in Kfar Saba, Israel, designs and manufactures networking and data infrastructure solutions. The company serves various markets, including original equipment manufacturers, cloud, and telecom mobile service providers. Led by CEO Liron Eizenman, Silicom offers products such as server network interface cards, smart card products, and edge devices.
Bottom Line
David Castiel's recent sale of Silicom shares is part of a series of insider transactions at the company. The stock's current trading price and recent institutional activity reflect ongoing interest in Silicom. Investors should note that insider trades are disclosed after the fact and may not indicate future moves by the executives involved.
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