Silvaco Group (NASDAQ:SVCO) Insider Sells $12,937.04 in Stock

Silvaco Group, Inc. (NASDAQ:SVCO) insider Candace Jackson sold 1,817 shares of the company’s stock in a transaction on Wednesday, April 1st. The stock was sold at an average price of $7.12, for a total transaction of $12,937.04. Following the sale, the insider directly owned 53,349 shares of the company’s stock, valued at approximately $379,844.88. This trade represents a 3.29% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.

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 remained flat at $7.19 on Friday. The stock had a trading volume of 258,947 shares, compared to its average volume of 1,059,574. Silvaco Group, Inc. has a 52 week low of $3.07 and a 52 week high of $7.44. The firm has a market cap of $226.05 million, a price-to-earnings ratio of -5.10 and a beta of -0.74. The company has a 50-day moving average price of $4.59 and a 200 day moving average price of $4.82.

Silvaco Group (NASDAQ:SVCO) last released its quarterly earnings results on Thursday, March 12th. The company reported ($0.03) EPS for the quarter, topping the consensus estimate of ($0.12) by $0.09. Silvaco Group had a negative return on equity of 23.01% and a negative net margin of 65.34%.The firm had revenue of $18.25 million for the quarter, compared to analyst estimates of $16.38 million. The firm’s revenue for the quarter was up 2.2% compared to the same quarter last year. Equities research analysts predict that Silvaco Group, Inc. will post -0.76 EPS for the current year.

Wall Street Analyst Weigh In

Several research firms recently issued reports on SVCO. Weiss Ratings reaffirmed a “sell (e+)” rating on shares of Silvaco Group in a research note on Thursday, January 22nd. TD Cowen reduced their price target on Silvaco Group from $8.00 to $6.00 and set a “buy” rating for the company in a report on Friday, March 13th. Wall Street Zen upgraded Silvaco Group from a “sell” rating to a “hold” rating in a report on Saturday, March 14th. Finally, Needham & Company LLC reaffirmed a “buy” rating and issued a $10.00 price target on shares of Silvaco Group in a report on Monday, March 16th. One analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $9.33.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. Alyeska Investment Group L.P. grew its position 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 valued at $2,968,000 after buying an additional 533,630 shares during the last quarter. Lynrock Lake LP lifted its holdings in Silvaco Group by 132.3% in the fourth quarter. Lynrock Lake LP now owns 472,764 shares of the company’s stock worth $1,915,000 after acquiring an additional 269,283 shares during the last quarter. Vanguard Group Inc. boosted 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 period. Nano Cap New Millennium Growth Fund L P bought a new position in shares of Silvaco Group during the fourth quarter valued at approximately $1,012,000. Finally, Topline Capital Management LLC bought a new position in shares of Silvaco Group during the second quarter valued at approximately $1,096,000.

About Silvaco Group

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.