Sign in

    Donald McKiernan • Landolt Securities

    Donald T. McKiernan is the CEO, Co-Chief Compliance Officer, and Owner of Landolt Securities, specializing in the analysis and management of small-cap growth stocks and independent broker networks. He has covered and published research on individual small-cap companies, including authoring The McKiernan Report newsletter, which highlights promising growth equities. With over 30 years of investment management experience, McKiernan began his career as a Registered Representative at firms like The Chicago Corporation, Oberweis Securities, and Birkelbach Investments before joining Landolt Securities in Illinois. He holds a B.S. in Business Administration from Valparaiso University and maintains professional registration as a FINRA representative.

    Donald McKiernan's questions to Silicom Ltd (SILC) leadership

    Donald McKiernan's questions to Silicom Ltd (SILC) leadership • Q1 2025

    Question

    Donald McKiernan requested an update on the share buyback program, including the number of shares repurchased in the quarter and the remaining authorization. He also asked if major customers have worked through their excess inventory and are resuming larger orders.

    Answer

    Executive Eran Gilad addressed the buyback, stating that less than 100,000 shares were repurchased in Q1, with daily market volume limiting the pace, and that approximately $8 million remains in the authorization. Executive Liron Eizenman handled the inventory question, explaining that while there has been some relief and some customers have resumed ordering, the issue has not completely resolved. He noted that the situation varies by customer and that some business may not return due to technological changes.

    Ask Fintool Equity Research AI