Yelin Lapidot Holdings Management Ltd. Increases Stake in Eltek Ltd. (NASDAQ:ELTK)

Yelin Lapidot Holdings Management Ltd. grew its stake in shares of Eltek Ltd. (NASDAQ:ELTK) by 206.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 209,024 shares of the technology company’s stock after purchasing an additional 140,868 shares during the quarter. Yelin Lapidot Holdings Management Ltd.’s holdings in Eltek were worth $2,312,000 at the end of the most recent quarter.

Separately, Foundry Partners LLC raised its holdings in Eltek by 14.2% during the 3rd quarter. Foundry Partners LLC now owns 242,470 shares of the technology company’s stock valued at $2,645,000 after buying an additional 30,200 shares during the last quarter. Institutional investors and hedge funds own 64.58% of the company’s stock.

Eltek Stock Up 0.2 %

Shares of ELTK opened at $11.51 on Friday. The stock has a market capitalization of $69.85 million, a P/E ratio of 13.54 and a beta of 0.45. Eltek Ltd. has a twelve month low of $9.00 and a twelve month high of $14.17. The firm has a fifty day simple moving average of $11.19 and a two-hundred day simple moving average of $10.92.

Eltek Profile

Eltek Ltd. manufactures, markets, and sells printed circuit boards (PCBs) in Israel, Europe, North America, India, the Netherlands, and internationally. It offers a range of custom designed PCBs, including rigid, double-sided and multi-layer PCBs, and flexible circuitry boards. The company also provides high density interconnect, flex-rigid, and multi-layered boards.