Six months ago we identified FireEye (NSDQ: FEYE) as “The One Tech Stock to Own in 2015“, and since then its share price has done nothing but go almost straight up. On that day it closed at $28.56, and ended last week at $51.03 for a gain of  78% in only six months! As much as we love this company, we think its share price has gotten a bit frothy so we are bumping up its stop loss price to $41 and holding off on accumulating more shares until its financial performance catches up with its share price.

Likewise, we are thrilled with the 55% gain we have experienced in Gigamon (NYSE: GIMO) since adding it to our portfolio on March 16th of this year, so we are moving its stop loss price up to $29. And we love the 105% profit in Silicon Motion Technology Corp. (NSDQ: SIMO) since its addition to the portfolio in April of last year, but it too is now fully valued and has been moved to a hold with a revised stop loss price of $29.

Please do not misinterpret our actions; we still like all three of these companies very much, but sometimes the price of certain tech stocks can get a bit ahead of their value, at which time it is only prudent to raise your stop loss prices and let them breathe for a while. We are very much looking forward to the day that we can resume our active buy recommendations for these three companies, but at current prices we feel they are fully valued.