Key Points
- CEO Walden Rhines purchased 13,100 shares on December 9 at an average price of $4.01, boosting his holding by 14.11% to 105,918 shares valued at about $424,731.
- Silvaco reported quarterly EPS of ($0.07) on November 12, missing the ($0.04) consensus and showing a negative net margin (‑47.59%) and ROE (‑15.53%), although revenue of $18.67M beat estimates of $15.95M.
- The stock trades around $4.04 with a market cap of $123.8M and high volatility (beta 3.31); analyst coverage is mixed but averages a Moderate Buy with an $11.25 price target.
Silvaco Group, Inc. (NASDAQ:SVCO - Get Free Report) CEO Walden Rhines purchased 13,100 shares of the company's stock in a transaction that occurred on Tuesday, December 9th. The shares were purchased at an average price of $4.01 per share, with a total value of $52,531.00. Following the completion of the transaction, the chief executive officer directly owned 105,918 shares of the company's stock, valued at $424,731.18. This represents a 14.11% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.
Silvaco Group Stock Up 5.5%
Shares of NASDAQ SVCO opened at $4.04 on Wednesday. The firm has a 50-day simple moving average of $5.16 and a 200-day simple moving average of $4.96. The stock has a market capitalization of $123.78 million, a price-to-earnings ratio of -3.92 and a beta of 3.31. Silvaco Group, Inc. has a 52 week low of $3.45 and a 52 week high of $9.93.
Silvaco Group (NASDAQ:SVCO - Get Free Report) last posted its quarterly earnings results on Wednesday, November 12th. The company reported ($0.07) earnings per share for the quarter, missing the consensus estimate of ($0.04) by ($0.03). Silvaco Group had a negative net margin of 47.59% and a negative return on equity of 15.53%. The firm had revenue of $18.67 million during the quarter, compared to analysts' expectations of $15.95 million. As a group, equities research analysts expect that Silvaco Group, Inc. will post -0.76 EPS for the current year.
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently bought and sold shares of SVCO. Cinctive Capital Management LP purchased a new stake in shares of Silvaco Group during the 3rd quarter worth about $487,000. Bank of America Corp DE grew its stake in shares of Silvaco Group by 140.2% in the 3rd quarter. Bank of America Corp DE now owns 64,820 shares of the company's stock valued at $351,000 after buying an additional 37,832 shares in the last quarter. Bridgeway Capital Management LLC increased its holdings in Silvaco Group by 59.2% in the third quarter. Bridgeway Capital Management LLC now owns 39,800 shares of the company's stock worth $215,000 after buying an additional 14,800 shares during the last quarter. Blair William & Co. IL raised its position in Silvaco Group by 41.2% during the third quarter. Blair William & Co. IL now owns 24,000 shares of the company's stock valued at $130,000 after acquiring an additional 7,000 shares in the last quarter. Finally, Vanguard Group Inc. lifted its stake in Silvaco Group by 6.0% in the third quarter. Vanguard Group Inc. now owns 401,649 shares of the company's stock valued at $2,173,000 after acquiring an additional 22,682 shares during the last quarter.
Analyst Ratings Changes
SVCO has been the subject of a number of research analyst reports. Jefferies Financial Group raised Silvaco Group to a "strong-buy" rating in a research report on Tuesday, October 28th. Weiss Ratings reaffirmed a "sell (e+)" rating on shares of Silvaco Group in a research note on Wednesday, October 8th. Wall Street Zen cut shares of Silvaco Group from a "hold" rating to a "sell" rating in a research note on Saturday, November 15th. Finally, Rosenblatt Securities reissued a "buy" rating and issued a $12.00 price objective on shares of Silvaco Group in a research report on Tuesday, November 4th. One research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average price target of $11.25.
Read Our Latest Stock Report on Silvaco Group
Silvaco Group Company Profile
(
Get Free Report)
Silvaco Group Inc is a provider of TCAD, EDA software and SIP solutions which enable semiconductor design and AI through software and innovation. The company's solutions are used for process and device development across display, power devices, automotive, memory, high performance compute, photonics, internet of things and 5G/6G mobile markets for complex SoC design.
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