Silvaco Group, Inc. (NASDAQ:SVCO) Receives $11.25 Average PT from Analysts

Silvaco Group, Inc. (NASDAQ:SVCO) has been assigned a consensus recommendation of “Moderate Buy” from the six ratings firms that are covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, four have given a buy rating and one has issued a strong buy rating on the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is $11.25.

A number of research analysts recently issued reports on the company. Weiss Ratings reiterated a “sell (e+)” rating on shares of Silvaco Group in a research note on Wednesday, October 8th. Wall Street Zen downgraded Silvaco Group from a “hold” rating to a “sell” rating in a research report on Saturday, November 15th. Rosenblatt Securities restated a “buy” rating and set a $12.00 price target on shares of Silvaco Group in a report on Tuesday, November 4th. Finally, Jefferies Financial Group upgraded Silvaco Group to a “strong-buy” rating in a research note on Tuesday, October 28th.

Insiders Place Their Bets

In other Silvaco Group news, insider Candace Jackson sold 8,300 shares of Silvaco Group stock in a transaction dated Wednesday, November 19th. The stock was sold at an average price of $4.25, for a total transaction of $35,275.00. Following the completion of the transaction, the insider owned 43,069 shares in the company, valued at approximately $183,043.25. This trade represents a 16.16% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CEO Walden C. Rhines acquired 13,100 shares of the firm’s stock in a transaction dated Tuesday, December 9th. The stock was bought at an average cost of $4.01 per share, with a total value of $52,531.00. Following the acquisition, the chief executive officer owned 105,918 shares in the company, valued at approximately $424,731.18. This trade represents a 14.11% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders acquired a total of 78,100 shares of company stock worth $320,641 in the last three months. Insiders own 38.40% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of SVCO. Nisa Investment Advisors LLC grew its stake in shares of Silvaco Group by 4,961.5% during 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 during the period. Raymond James Financial Inc. acquired a new stake in Silvaco Group during the second quarter valued at $38,000. Strs Ohio purchased a new position in Silvaco Group in the first quarter valued at $50,000. JPMorgan Chase & Co. increased its holdings in Silvaco Group by 27.3% in the second 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 in the last quarter. Finally, Blair William & Co. IL raised its position in shares of Silvaco Group by 70.0% in 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 Trading Up 3.5%

Shares of NASDAQ SVCO opened at $4.40 on Friday. Silvaco Group has a 12-month low of $3.45 and a 12-month high of $9.93. The firm has a market capitalization of $134.82 million, a price-to-earnings ratio of -4.27 and a beta of 3.31. The firm has a 50 day moving average of $4.88 and a 200 day moving average of $4.94.

Silvaco Group (NASDAQ:SVCO) last announced its earnings results on Wednesday, November 12th. The company reported ($0.07) EPS for the quarter, missing analysts’ consensus estimates of ($0.04) by ($0.03). The company had revenue of $18.67 million during 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%. Sell-side analysts predict that Silvaco Group will post -0.76 EPS 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.