Silvaco Group, Inc. (NASDAQ:SVCO) Given Average Recommendation of “Moderate Buy” by Analysts

Silvaco Group, Inc. (NASDAQ:SVCO) has earned an average recommendation of “Moderate Buy” from the five analysts that are currently covering the stock, Marketbeat Ratings reports. One analyst has rated the stock with a sell recommendation, three have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 12 month price target among brokers that have issued a report on the stock in the last year is $10.00.

Several equities research analysts recently issued reports on SVCO shares. Jefferies Financial Group raised shares of Silvaco Group to a “strong-buy” rating in a report on Tuesday, October 28th. Weiss Ratings reissued a “sell (e+)” rating on shares of Silvaco Group in a research note on Thursday, January 22nd. Rosenblatt Securities restated a “buy” rating and set a $12.00 price objective on shares of Silvaco Group in a research report on Tuesday, November 4th. Finally, Wall Street Zen downgraded shares of Silvaco Group from a “hold” rating to a “sell” rating in a report on Saturday, January 31st.

Silvaco Group Stock Performance

Shares of Silvaco Group stock opened at $3.68 on Friday. The stock has a market cap of $112.76 million, a P/E ratio of -3.57 and a beta of 3.30. The stock’s fifty day moving average is $4.29 and its 200 day moving average is $4.82. Silvaco Group has a one year low of $3.43 and a one year high of $7.30.

Silvaco Group (NASDAQ:SVCO) last released its quarterly earnings results on Wednesday, November 12th. The company reported ($0.07) earnings per share (EPS) 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 company had revenue of $18.67 million for the quarter, compared to the consensus estimate of $15.95 million. Analysts predict that Silvaco Group will post -0.76 EPS for the current year.

Insiders Place Their Bets

In other Silvaco Group news, major shareholder Katherine S. Ngai-Pesic bought 25,000 shares of the business’s stock in a transaction that occurred on Wednesday, December 10th. The stock was purchased at an average price of $4.13 per share, for a total transaction of $103,250.00. Following the completion of the transaction, the insider 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 position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Candace Jackson sold 8,300 shares of Silvaco Group stock in a transaction that occurred on Wednesday, November 19th. The shares were sold at an average price of $4.25, for a total value of $35,275.00. Following the sale, the insider directly owned 43,069 shares in the company, valued at $183,043.25. This trade represents a 16.16% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders bought 78,100 shares of company stock worth $320,641. 38.40% of the stock is currently owned by insiders.

Hedge Funds Weigh In On Silvaco Group

A number of hedge funds and other institutional investors have recently modified their holdings of SVCO. Jane Street Group LLC increased its holdings in Silvaco Group by 125.7% in the 4th quarter. Jane Street Group LLC now owns 159,458 shares of the company’s stock valued at $646,000 after acquiring an additional 88,808 shares during the last quarter. HRT Financial LP bought a new stake in shares of Silvaco Group in the fourth quarter worth about $59,000. Dimensional Fund Advisors LP purchased a new stake in shares of Silvaco Group in the fourth quarter worth about $101,000. Federated Hermes Inc. boosted its stake in Silvaco Group by 22.2% during the fourth quarter. Federated Hermes Inc. now owns 220,000 shares of the company’s stock valued at $891,000 after buying an additional 40,000 shares during the last quarter. Finally, Los Angeles Capital Management LLC purchased a new position in Silvaco Group during the 4th quarter valued at approximately $275,000.

Silvaco Group Company Profile

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.