Key Points
- Major shareholder Katherine Ngai‑Pesic bought 25,000 shares on Dec. 10 at an average price of $4.13, raising her stake to 10,303,886 shares (about $42.6M), a 0.24% increase in ownership.
- Silvaco reported quarterly EPS of ($0.07), missing estimates by $0.03 while revenue of $18.67M beat expectations; the company has a negative ROE (-15.53%) and net margin (-47.59%).
- Analysts are mixed but the consensus is a Moderate Buy with a $11.25 price target; SVCO trades around $4.28 and has a market cap of roughly $131.1M.
Silvaco Group, Inc. (NASDAQ:SVCO - Get Free Report) major shareholder Katherine Ngai-Pesic acquired 25,000 shares of the business's stock in a transaction that occurred on Wednesday, December 10th. The shares were purchased at an average cost of $4.13 per share, with a total value of $103,250.00. Following the transaction, the insider directly owned 10,303,886 shares of the company's stock, valued at $42,555,049.18. This trade represents a 0.24% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Major shareholders that own 10% or more of a company's stock are required to disclose their sales and purchases with the SEC.
Silvaco Group Stock Up 1.9%
SVCO stock opened at $4.28 on Thursday. Silvaco Group, Inc. has a 12 month low of $3.45 and a 12 month high of $9.93. The firm has a market cap of $131.14 million, a P/E ratio of -4.12 and a beta of 3.30. The company's 50-day moving average price is $5.14 and its two-hundred day moving average price is $4.96.
Silvaco Group (NASDAQ:SVCO - Get Free Report) last issued its quarterly earnings results on Wednesday, November 12th. The company reported ($0.07) earnings per share for the quarter, missing analysts' consensus estimates of ($0.04) by ($0.03). The firm had revenue of $18.67 million for the quarter, compared to the consensus estimate of $15.95 million. Silvaco Group had a negative return on equity of 15.53% and a negative net margin of 47.59%. Equities analysts predict that Silvaco Group, Inc. will post -0.76 EPS for the current year.
Institutional Investors Weigh In On Silvaco Group
Several hedge funds have recently modified their holdings of the company. Nisa Investment Advisors LLC increased its holdings in Silvaco Group by 4,961.5% in the 2nd quarter. Nisa Investment Advisors LLC now owns 5,264 shares of the company's stock worth $25,000 after purchasing an additional 5,160 shares in the last quarter. Raymond James Financial Inc. bought a new stake in shares of Silvaco Group during the second quarter worth about $38,000. Blair William & Co. IL bought a new stake in shares of Silvaco Group during the first quarter worth about $46,000. Strs Ohio acquired a new position in shares of Silvaco Group in the first quarter valued at approximately $50,000. Finally, JPMorgan Chase & Co. raised its holdings in Silvaco Group by 27.3% in the 2nd quarter. JPMorgan Chase & Co. now owns 13,483 shares of the company's stock valued at $64,000 after buying an additional 2,895 shares during the last quarter.
Analyst Upgrades and Downgrades
A number of equities research analysts have weighed in on the company. Rosenblatt Securities reaffirmed a "buy" rating and issued a $12.00 target price on shares of Silvaco Group in a report on Tuesday, November 4th. Wall Street Zen cut Silvaco Group from a "hold" rating to a "sell" rating in a report on Saturday, November 15th. Jefferies Financial Group raised Silvaco Group to a "strong-buy" rating in a research note on Tuesday, October 28th. Finally, Weiss Ratings reiterated a "sell (e+)" rating on shares of Silvaco Group in a research report on Wednesday, October 8th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Silvaco Group presently has an average rating of "Moderate Buy" and a consensus price target of $11.25.
Get Our Latest Analysis on SVCO
About Silvaco Group
(
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.
Further Reading
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