225,594 Shares in Silvaco Group, Inc. (NASDAQ:SVCO) Acquired by Kennedy Capital Management LLC

Kennedy Capital Management LLC purchased a new stake in Silvaco Group, Inc. (NASDAQ:SVCO - Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 225,594 shares of the company's stock, valued at approximately $1,823,000. Kennedy Capital Management LLC owned 0.79% of Silvaco Group as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in the company. R Squared Ltd bought a new stake in Silvaco Group in the 4th quarter valued at $25,000. New York State Common Retirement Fund acquired a new stake in shares of Silvaco Group in the 4th quarter valued at about $81,000. Aristides Capital LLC bought a new stake in shares of Silvaco Group in the fourth quarter valued at about $86,000. Charles Schwab Investment Management Inc. boosted its position in shares of Silvaco Group by 26.1% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 56,057 shares of the company's stock worth $453,000 after buying an additional 11,589 shares during the period. Finally, Y Intercept Hong Kong Ltd bought a new position in shares of Silvaco Group during the third quarter worth about $173,000.

Insider Activity

In other news, major shareholder Katherine S. Ngai-Pesic sold 25,000 shares of Silvaco Group stock in a transaction that occurred on Friday, March 14th. The stock was sold at an average price of $5.06, for a total transaction of $126,500.00. Following the completion of the transaction, the insider now directly owns 10,461,105 shares in the company, valued at approximately $52,933,191.30. The trade was a 0.24 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.

Analysts Set New Price Targets

Several equities research analysts have commented on the company. Craig Hallum cut their target price on Silvaco Group from $17.00 to $15.00 and set a "buy" rating on the stock in a research note on Wednesday, January 15th. Needham & Company LLC reissued a "buy" rating and issued a $19.00 price objective on shares of Silvaco Group in a research report on Thursday, March 6th. TD Cowen decreased their target price on shares of Silvaco Group from $15.00 to $12.00 and set a "buy" rating for the company in a research report on Thursday, March 6th. Finally, Rosenblatt Securities reissued a "buy" rating and set a $18.00 price target on shares of Silvaco Group in a research report on Thursday, March 6th. Six analysts have rated the stock with a buy rating, According to MarketBeat, the company presently has an average rating of "Buy" and an average target price of $19.17.

Silvaco Group Stock Performance

SVCO traded down $0.10 during trading on Friday, reaching $4.40. 77,290 shares of the stock were exchanged, compared to its average volume of 313,115. The stock's 50 day moving average price is $5.25 and its two-hundred day moving average price is $7.14. Silvaco Group, Inc. has a twelve month low of $3.55 and a twelve month high of $21.59. The stock has a market cap of $126.74 million and a P/E ratio of -2.80.

About Silvaco Group

Silvaco Group Inc is a provider of TCAD, EDA software and SIP solutions which enable semiconductor design and AI through software and innovation. The company's solutions are used for process and device development across display, power devices, automotive, memory, high performance compute, photonics, internet of things and 5G/6G mobile markets for complex SoC design.