Systematic Financial Management Takes 9.18% Stake in Silicom Ltd.
Ticker: SILC · Form: SC 13G · Filed: Feb 13, 2024 · CIK: 916793
| Field | Detail |
|---|---|
| Company | Silicom Ltd. (SILC) |
| Form Type | SC 13G |
| Filed Date | Feb 13, 2024 |
| Risk Level | low |
| Sentiment | bullish |
Complexity: simple
Sentiment: bullish
Topics: institutional-ownership, stake-disclosure, investor-confidence
TL;DR
**Systematic Financial Management just disclosed a 9.18% stake in Silicom, signaling institutional confidence.**
AI Summary
Systematic Financial Management, L.P. reported on February 13, 2024, that as of December 31, 2023, they beneficially own 619,912 shares of Silicom Ltd. (NASDAQ: SILC) common stock, representing 9.18% of the company's outstanding shares. This significant stake indicates a strong conviction from a professional investment manager, suggesting they see value in Silicom's future. For current or prospective shareholders, this filing signals that a major institutional investor has a substantial interest in the company, which can be a positive indicator of confidence.
Why It Matters
This filing shows a large institutional investor, Systematic Financial Management, has taken a significant position in Silicom, which can be interpreted as a vote of confidence in the company's prospects.
Risk Assessment
Risk Level: low — This filing indicates an institutional investor has taken a significant stake, generally seen as a positive sign rather than a risk.
Analyst Insight
A smart investor would view this as a positive signal, potentially prompting further research into Silicom Ltd.'s fundamentals and market position, given the institutional confidence shown by Systematic Financial Management's significant stake.
Key Numbers
- 619,912 — Shares Beneficially Owned (The total number of Silicom Ltd. shares held by Systematic Financial Management, L.P.)
- 9.18% — Percentage of Class (The proportion of Silicom Ltd.'s common stock owned by Systematic Financial Management, L.P.)
- 265,812 — Sole Voting Power Shares (The number of shares over which Systematic Financial Management, L.P. has sole voting authority.)
Key Players & Entities
- Systematic Financial Management, L.P. (company) — the reporting person who acquired shares
- SILICOM LTD. (company) — the issuer whose shares were acquired
- 619,912 (dollar_amount) — aggregate shares beneficially owned
- 9.18% (dollar_amount) — percentage of class represented by the ownership
- December 31, 2023 (person) — date of event requiring the filing
Forward-Looking Statements
- Other institutional investors may increase their positions in Silicom Ltd. following this disclosure, viewing it as a positive signal. (SILICOM LTD.) — medium confidence, target: Q2 2024
- Systematic Financial Management, L.P. will maintain or slightly increase its stake in Silicom Ltd. over the next year. (Systematic Financial Management, L.P.) — medium confidence, target: Feb 2025
FAQ
Who is the reporting person in this SC 13G filing?
The reporting person is Systematic Financial Management, L.P., with an IRS Identification No. of 22-3367558 and organized in Teaneck, New Jersey.
What is the name of the issuer whose securities are being reported?
The name of the issuer is SILICOM LTD., with its principal executive offices located at 14 ATIR YEDA STREET, KFAR-SAVA 4464323, ISRAEL.
As of what date did the event requiring this filing occur?
The event which requires the filing of this statement occurred on December 31, 2023.
How many shares of Silicom Ltd. does Systematic Financial Management, L.P. beneficially own in aggregate?
Systematic Financial Management, L.P. beneficially owns an aggregate amount of 619,912 shares of Silicom Ltd.
What percentage of Silicom Ltd.'s class of securities does this beneficial ownership represent?
The 619,912 shares beneficially owned by Systematic Financial Management, L.P. represent 9.18% of Silicom Ltd.'s class of securities.
Filing Details
This Form SC 13G (Form SC 13G) was filed with the SEC on February 13, 2024 by December 31, 2023 regarding SILICOM LTD. (SILC).