SILC SILICOM LTD.

BEARISH Impact: 5/10 Insider Cluster (4 insiders)
Horizon days Filed May 7, 2026 Processed 1mo ago
Insider cluster: 4 insiders, $1.1M total
Latest settled — T+20d ⚠ clustered
SILC ▼ -0.61% at T+20d
SHORT call ✓ call won +0.61% · α vs SPY +3.75% · entry $44.25 → $43.98
Next anchor: T+60d in 7w
Last close $46.45 (close Jun 12) · -4.97% from $44.25 entry (call sign-flipped)
Entry anchored
May 6, 03:57 PM ET
via Databento tick
T+1d
+1.40%
call -1.40% · α -0.57%
$44.87
settled 6w ago
T+5d
+15.21%
call -15.21% · α -12.91%
$50.98
settled 5w ago
T+20d
-0.61%
call +0.61% · α +3.75%
$43.98
settled 11d ago
T+60d
call — · α —
in 7w

Price Chart

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Executive Summary

Four SILC insiders, including the CEO and CFO, sold a total of $1.09M in open-market sales over a 7-day window. The cluster represents ~0.4% of market cap, which is modest but notable given C-suite participation. The sales are concentrated at the same price level (~$44-45), suggesting a coordinated exit rather than routine diversification.

Key Financial Metrics

Direction
selling
Total Value
$1.1M
Insiders
4

Actionable Insight

The simultaneous selling by the CEO, CFO, and a director at nearly identical prices is a bearish signal, especially given the lack of bullish analyst coverage. Monitor for upcoming earnings or material news that may have prompted the exit. The stock has shown high volatility historically (T+20 alpha +48% on prior calls), so a sharp move could materialize.

Key Facts

  • CEO Liron Eizenman sold 8,900 shares for $403K on 2026-05-07
  • CFO Eran Gilad sold 6,000 shares for $265K on 2026-05-07
  • Director Avinoam Eizenman sold 9,000 shares for $403K on 2026-05-07
  • VP R&D David Hendel sold 500 shares for $22K on 2026-05-13
  • Total cluster value: $1.09M, representing ~0.4% of $268M market cap
  • No insider purchases in the cluster; net direction is entirely selling
  • Analyst consensus is 0% bullish (0 buy, 3 hold, 3 sell/strong sell)

Financial Impact

Insider selling of $1.09M, or ~0.4% of market cap, concentrated at ~$44-45/share

insider ownershipmarket sentiment

Risk Factors

  • Insiders may be selling for personal liquidity or tax planning, not due to fundamental concerns
  • The cluster is only ~0.4% of market cap, which is below the 'significant' threshold of 0.5%
  • Historical calibration shows negative net alpha (-6.6%) for this filing segment, suggesting bearish calls on SILC have underperformed

Market Snapshot

Exchange
Nasdaq
Sector
Computer Communications Equipment
Analyst Consensus
0% bullish (6 analysts)

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-SILC-1778759122598
10 reports for SILC
Performance horizon
60% Hit rate 3 of 5 directional calls best @ T+20▲ +78.76%Apr 15, 2026
Filters
Rows
Reports for SILC — sortable, filterable
Type Now
Jun 15, 2026
today
Insider Cluster
NEUTRAL ★ 2/10
awaiting T+5
May 26, 2026
19d ago
6-K
BULLISH ★ 6/10
$47.53 $44.71▼ −5.93%▼ −7.15%$46.45 (−2.27%)
May 18, 2026
27d ago
Insider Cluster
BEARISH ★ 5/10
$42.87 $47.53▼ −10.87%▼ −9.25%$46.45 (−8.35%)
May 7, 2026
5w ago
Insider Cluster
BEARISH ★ 5/10
$44.25 $50.98▼ −15.21%▼ −12.91%$46.45 (−4.97%)
May 7, 2026
5w ago
Insider Cluster
BEARISH ★ 4/10
$44.25 $46.93▼ −6.06%▼ −4.55%$46.45 (−4.97%)
May 5, 2026
5w ago
6-K
BULLISH ★ 7/10
$46.28 $43.18▼ −6.70%▼ −8.68%$46.45 (+0.37%)
May 5, 2026
5w ago
6-K
NEUTRAL ★ 2/10
$46.28 $43.18▼ −6.70%▼ −8.68%$46.45 (+0.37%)
Apr 28, 2026
6w ago
20-F
NEUTRAL ★ 4/10
$27.54 $46.28▲ +68.05%▲ +66.35%$46.45 (+68.66%)
Apr 15, 2026
8w ago
6-K
BULLISH ★ 7/10
$23.73 $30.69▲ +29.33%▲ +27.69%$46.45 (+95.74%)
Mar 31, 2026
10w ago
6-K
NEUTRAL ★ 2/10
$21.10 $21.97▲ +4.12%▲ +0.18%$46.45 (+120.14%)
Showing 10 of 10

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