# Silicom Ltd. (SILC)

> Source: Nexqual · https://nexqual.com/SILC · data as of 2026-10-23 20:00 UTC · cite as "Nexqual, Silicom Ltd. (SILC), nexqual.com/SILC" · informational, not investment advice.

**Price:** USD 38.31 (+1.83% on the day) · last close of Oct 23, 2026; US market closed, not a live price. Prev close 37.62 · day 36.57–39.45 · 52w 13.34–63 · market cap $220M · NMS

## Key facts
- Insider open-market sales, last ~7 months: 13 Form 4 filings, $3.7M; 13 not under a Rule 10b5-1 plan ($3.7M); 0 by opportunistic insiders, 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Total return with dividends: 1Y +122.9% vs S&P 500 +13.4%; 5Y -8.8% vs S&P 500 +76.9%.
- Next earnings: 2026-10-29, EPS estimate USD -0.04, revenue estimate $25.5M.

## Insider sales (SEC Form 4, open-market, last ~7 months)
0 of 13 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-08-24 | Orbach Yeshayhu | Director | 2,969 | $134K | 100% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-08-17 | Eizenman Avinoam | Director | 20,000 | $1.0M | 6.9% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-08-12 | Eizenman Liron | President and CEO | 18,072 | $877K | 64.5% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-08-06 | Gilad Eran | CFO | 7,000 | $311K | 100% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-05-19 | Karp Yuval | EVP Project Management | 2,000 | $100K | 100% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-05-14 | Hendel David | VP R&D | 1,000 | $49K | 100% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-05-14 | Castiel David | VP Engineering | 2,000 | $96K | 100% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-05-14 | Cohen Daniel (dc) | EVP Operation | 15 | $1K | 0.8% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-05-13 | Hendel David | VP R&D | 1,000 | $44K | 50% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-05-07 | Hendel David | VP R&D | 500 | $23K | 20% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-05-07 | Eizenman Avinoam | Director | 9,023 | $403K | 4.6% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-05-07 | Eizenman Liron | President and CEO | 8,900 | $403K | 36.5% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-05-07 | Gilad Eran | CFO | 6,000 | $265K | 100% | No | Too little history (no open-market trades in 2023–2025) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.

## Analysts
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-07-02 | Needham | Upgrade | Hold → Buy | $60 |

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-24) | 5Y (from 2021-10-25) |
|---|---|---|
| Total return | +122.9% | -8.8% |
| S&P 500 (SPY) | +13.4% | +76.9% |
| Per year | +123.5% | -1.8% |
| Volatility (annualized) | 89.6% | 53.5% |
| Max drawdown | -39.0% (Oct 2026→Oct 2026) | -76.9% (Dec 2021→Jul 2024) |

## Peers (Communication Equipment)
CLFD (Clearfield, Inc.) USD 27.7 +0.73% · ADTN (ADTRAN Holdings, Inc.) USD 6.43 -0.31% · GILT (Gilat Satellite Networks Ltd.) USD 7.44 -0.13% · NTGR (NETGEAR, Inc.) USD 22.46 +0.67% · FEIM (Frequency Electronics, Inc.) USD 64.18 +4.19% · HLIT (Harmonic Inc.) USD 10.05 -0.40%

## More
Full page: https://nexqual.com/SILC · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Supply chain and relationships (SEC annual reports)

Named in SILC's own 20-F filed 2026-04-28 (https://www.sec.gov/Archives/edgar/data/916793/000117891326002258/zk2635063.htm):

| Relationship | Company | Sentence in the filing |
|---|---|---|
| Supplier | Intel (INTC) | "For example, a key component in many of our cards is manufactured by Intel." |
| Competitor | NVIDIA (NVDA) | "respect to Server Adapters, our main competitors are Nvidia, Intel, and Broadcom." |
| Competitor | Broadcom (AVGO) | "respect to Server Adapters, our main competitors are Nvidia, Intel, and Broadcom." |
| Competitor | AMD (AMD) | "In some cases of FPGA based cards, AMD also compete with our Smart Cards," |
| Competitor | Marvell Technology (MRVL) | "Marvell, Nvidia, Netronome, Napatech, BittWare, Lanner, and Caswell compete with certain of our Smart Cards." |

## Analyst estimates and revisions

| Period | EPS est. | 90d ago | Change | Revenue est. | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends 2026-09-30) | $-0.04 | $-0.19 | -78.9% | $25.5M | 1 |
| Next quarter (ends 2026-12-31) | $0.00 | $-0.19 | -100.0% | $25.9M | 1 |
| Current fiscal year (ends 2026-12-31) | $-0.45 | $-0.88 | -48.9% | $94.2M | 1 |
| Next fiscal year (ends 2027-12-31) | $0.24 | $-0.46 | -152.2% | $113.1M | 1 |