Anthony K.K. Ngai Buys 2,700 Shares of Silvaco Group (NASDAQ:SVCO) Stock

Key Points

• Anthony K.K. Ngai, a director at Silvaco Group, acquired a total of **2,700 shares** at an average price of **$5.31** per share, increasing his ownership to **78,777 shares** valued at approximately **$418,305.87**.
• Silvaco Group shares recently traded at **$5.19**, with a **52-week low of $3.55** and a **high of $15.94**, indicating significant price fluctuations over the year.
• Analyst ratings for Silvaco Group see a consensus rating of **"Buy"** with an average price target of **$14.20**, despite some brokerages lowering their price objectives recently.

Silvaco Group, Inc. (NASDAQ:SVCO - Get Free Report) Director Anthony K.K. Ngai acquired 2,700 shares of the stock in a transaction dated Wednesday, September 10th. The shares were purchased at an average cost of $5.31 per share, with a total value of $14,337.00. Following the completion of the purchase, the director owned 78,777 shares of the company's stock, valued at approximately $418,305.87. The trade was a 3.55% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Anthony K.K. Ngai also recently made the following trade(s):

• On Thursday, September 11th, Anthony K.K. Ngai acquired 2,000 shares of Silvaco Group stock. The stock was acquired at an average price of $5.16 per share, for a total transaction of $10,320.00.
• On Tuesday, September 9th, Anthony K.K. Ngai bought 2,000 shares of Silvaco Group stock. The shares were acquired at an average price of $5.32 per share, with a total value of $10,640.00.
• On Monday, September 8th, Anthony K.K. Ngai purchased 5,000 shares of Silvaco Group stock. The stock was bought at an average price of $5.30 per share, for a total transaction of $26,500.00.

Silvaco Group Price Performance

Silvaco Group stock traded down $0.34 during mid-day trading on Friday, reaching $5.26. 318,552 shares of the company traded hands, compared to its average volume of 173,194. Silvaco Group, Inc. has a 52-week low of $3.55 and a 52-week high of $15.87. The firm has a market capitalization of $159.80 million, a price-to-earnings ratio of -4.87 and a beta of 3.13. The firm's 50 day moving average price is $4.77 and its 200 day moving average price is $4.79.

Analyst Ratings Changes

Several equities research analysts recently weighed in on the company. Rosenblatt Securities reduced their price target on Silvaco Group from $14.00 to $12.00 and set a "buy" rating on the stock in a research note on Thursday, August 7th. TD Cowen reduced their target price on shares of Silvaco Group from $10.00 to $8.00 and set a "buy" rating on the stock in a research report on Friday, August 8th. Four investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the company has an average rating of "Buy" and a consensus price target of $11.25.

Institutional Investors Weigh In On Silvaco Group

Institutional investors have recently made changes to their positions in the company. Yiheng Capital Management L.P. purchased a new stake in Silvaco Group during the 1st quarter valued at $461,623,000. Topline Capital Management LLC purchased a new stake in shares of Silvaco Group during the second quarter valued at $1,096,000. First Eagle Investment Management LLC increased its holdings in Silvaco Group by 20.3% in the 2nd quarter. First Eagle Investment Management LLC now owns 774,438 shares of the company's stock worth $3,655,000 after buying an additional 130,709 shares in the last quarter. Jacobs Levy Equity Management Inc. purchased a new position in Silvaco Group in the 1st quarter worth about $357,000. Finally, Federated Hermes Inc. lifted its stake in Silvaco Group by 162.5% during the 1st quarter. Federated Hermes Inc. now owns 126,000 shares of the company's stock valued at $575,000 after acquiring an additional 78,000 shares during the period.

Silvaco Group Company Profile

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.