Key Points
- Insider selling: Director Candace Jackson sold 1,817 shares on April 1 at an average price of $7.12 (total ~$12,937), reducing her stake by 3.29 to 53,349 shares; she also sold 1,500 shares on March 17 at $5.00.
- Quarterly results: Silvaco reported EPS of ($0.03) beating estimates of ($0.12) and revenue of $18.25M versus $16.38M expected, but remains unprofitable with a negative net margin of 65.34% and negative ROE.
- Market and analyst view: The company has a market cap of ~$226M and a 52‑week range of $3.07–$7.44; analysts give a consensus "Moderate Buy" with a $9.33 target amid mixed notes (Needham $10 buy, TD Cowen cut target to $6 but kept buy, Weiss sell).
Silvaco Group, Inc. (NASDAQ:SVCO - Get Free Report) insider Candace Jackson sold 1,817 shares of the firm's stock in a transaction dated Wednesday, April 1st. The stock was sold at an average price of $7.12, for a total value of $12,937.04. Following the completion of the transaction, the insider owned 53,349 shares of the company's stock, valued at approximately $379,844.88. The trade was a 3.29% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website.
Candace Jackson also recently made the following trade(s):
- On Tuesday, March 17th, Candace Jackson sold 1,500 shares of Silvaco Group stock. The stock was sold at an average price of $5.00, for a total value of $7,500.00.
Silvaco Group Price Performance
Shares of NASDAQ SVCO opened at $7.19 on Friday. Silvaco Group, Inc. has a 52 week low of $3.07 and a 52 week high of $7.44. The business's 50 day moving average price is $4.63 and its 200 day moving average price is $4.83. The firm has a market cap of $226.05 million, a P/E ratio of -5.10 and a beta of -0.74.
Silvaco Group (NASDAQ:SVCO - Get Free Report) last posted its quarterly earnings results on Thursday, March 12th. The company reported ($0.03) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.12) by $0.09. Silvaco Group had a negative net margin of 65.34% and a negative return on equity of 23.01%. The company had revenue of $18.25 million during the quarter, compared to analyst estimates of $16.38 million. The firm's quarterly revenue was up 2.2% compared to the same quarter last year. As a group, research analysts expect that Silvaco Group, Inc. will post -0.76 earnings per share for the current year.
Analyst Ratings Changes
A number of research firms recently issued reports on SVCO. TD Cowen decreased their target price on shares of Silvaco Group from $8.00 to $6.00 and set a "buy" rating for the company in a research report on Friday, March 13th. Wall Street Zen upgraded Silvaco Group from a "sell" rating to a "hold" rating in a research note on Saturday, March 14th. Needham & Company LLC reissued a "buy" rating and issued a $10.00 price objective on shares of Silvaco Group in a report on Monday, March 16th. Finally, Weiss Ratings restated a "sell (e+)" rating on shares of Silvaco Group in a research note on Thursday, January 22nd. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has given a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of $9.33.
Read Our Latest Stock Report on Silvaco Group
Institutional Trading of Silvaco Group
Institutional investors and hedge funds have recently made changes to their positions in the business. Alyeska Investment Group L.P. raised its stake in shares of Silvaco Group by 267.9% during the 4th quarter. Alyeska Investment Group L.P. now owns 732,824 shares of the company's stock worth $2,968,000 after buying an additional 533,630 shares during the period. Lynrock Lake LP grew its stake in Silvaco Group by 132.3% in the 4th quarter. Lynrock Lake LP now owns 472,764 shares of the company's stock valued at $1,915,000 after acquiring an additional 269,283 shares during the period. Vanguard Group Inc. grew its stake in Silvaco Group by 6.0% in the 3rd 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 period. Nano Cap New Millennium Growth Fund L P purchased a new stake in Silvaco Group in the 4th quarter worth $1,012,000. Finally, Topline Capital Management LLC purchased a new stake in Silvaco Group in the 2nd quarter worth $1,096,000.
About Silvaco Group
(
Get Free Report)
Silvaco Group, Inc is a provider of electronic design automation (EDA) software and semiconductor intellectual property (IP) solutions. Founded in 1984 and headquartered in Santa Clara, California, the company offers a suite of tools for process and device simulation, circuit design, verification, and physical implementation. Silvaco's core product lines include technology computer-aided design (TCAD) for process modeling, SPICE circuit simulators for analog and digital analysis, and layout and parasitic extraction tools for physical verification.
In addition to its EDA software, Silvaco delivers semiconductor IP in areas such as memory compilers, interface IP (including USB, PCI Express and DDR), and embedded analog/mixed-signal cores.
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