Silvaco Group, Inc. (NASDAQ:SVCO) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of Silvaco Group, Inc. (NASDAQ:SVCO) have received an average rating of “Moderate Buy” from the six brokerages that are covering the firm, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, four have assigned a buy rating and one has given a strong buy rating to the company. The average 1 year target price among brokers that have issued ratings on the stock in the last year is $11.25.

A number of analysts recently issued reports on SVCO shares. Wall Street Zen lowered 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 report on Tuesday, October 28th. Weiss Ratings reiterated a “sell (e+)” rating on shares of Silvaco Group in a report on Wednesday, October 8th. Finally, Rosenblatt Securities restated a “buy” rating and set a $12.00 price target on shares of Silvaco Group in a research note on Tuesday, November 4th.

Insider Buying and Selling

In other Silvaco Group news, insider Candace Jackson sold 8,300 shares of the firm’s 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 completion of 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 ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Walden C. Rhines purchased 29,000 shares of the firm’s stock in a transaction on Tuesday, November 18th. The stock was acquired at an average price of $4.07 per share, with a total value of $118,030.00. Following the completion of the purchase, the chief executive officer owned 92,818 shares of the company’s stock, valued at $377,769.26. The trade was a 45.44% increase in their position. The disclosure for this purchase is available in the SEC filing. Over the last 90 days, insiders have acquired 78,100 shares of company stock valued at $320,641. 38.40% of the stock is owned by insiders.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the business. Nisa Investment Advisors LLC grew its holdings in Silvaco Group by 4,961.5% in the second quarter. Nisa Investment Advisors LLC now owns 5,264 shares of the company’s stock valued at $25,000 after purchasing an additional 5,160 shares during the period. Raymond James Financial Inc. purchased a new position in shares of Silvaco Group during the 2nd quarter valued at approximately $38,000. Strs Ohio acquired a new stake in Silvaco Group in the 1st quarter valued at $50,000. JPMorgan Chase & Co. increased 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 worth $64,000 after acquiring an additional 2,895 shares in the last quarter. Finally, Blair William & Co. IL raised its position in Silvaco Group by 70.0% during the second quarter. Blair William & Co. IL now owns 17,000 shares of the company’s stock worth $80,000 after acquiring an additional 7,000 shares during the period.

Silvaco Group Stock Down 2.3%

Shares of Silvaco Group stock opened at $4.25 on Friday. The stock’s fifty day moving average is $4.92 and its two-hundred day moving average is $4.94. Silvaco Group has a 52 week low of $3.45 and a 52 week high of $9.93. The company has a market capitalization of $130.22 million, a PE ratio of -4.13 and a beta of 3.30.

Silvaco Group (NASDAQ:SVCO) last announced its quarterly earnings data 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 company had revenue of $18.67 million for the quarter, compared to the consensus estimate of $15.95 million. Silvaco Group had a negative net margin of 47.59% and a negative return on equity of 15.53%. As a group, research analysts anticipate that Silvaco Group will post -0.76 earnings per share for the current year.

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.