Lepercq De Neuflize Asset Management LLC Purchases New Position in Silvaco Group, Inc. $SVCO

Lepercq De Neuflize Asset Management LLC purchased a new stake in shares of Silvaco Group, Inc. (NASDAQ:SVCO) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 88,083 shares of the company’s stock, valued at approximately $357,000. Silvaco Group comprises approximately 0.2% of Lepercq De Neuflize Asset Management LLC’s investment portfolio, making the stock its 7th largest holding.

Several other institutional investors and hedge funds have also bought and sold shares of the business. Alyeska Investment Group L.P. increased its stake in shares of Silvaco Group by 267.9% during the fourth quarter. Alyeska Investment Group L.P. now owns 732,824 shares of the company’s stock valued at $2,968,000 after buying an additional 533,630 shares during the period. Lynrock Lake LP raised its holdings in shares of Silvaco Group by 132.3% during the fourth quarter. Lynrock Lake LP now owns 472,764 shares of the company’s stock valued at $1,915,000 after acquiring an additional 269,283 shares in the last quarter. Nano Cap New Millennium Growth Fund L P purchased a new stake in Silvaco Group in the fourth quarter worth $1,012,000. Topline Capital Management LLC purchased a new stake in Silvaco Group in the second quarter worth $1,096,000. Finally, Cinctive Capital Management LP bought a new stake in Silvaco Group in the third quarter valued at $487,000.

Silvaco Group Trading Up 5.7%

Shares of Silvaco Group stock opened at $13.35 on Friday. Silvaco Group, Inc. has a 12 month low of $3.07 and a 12 month high of $14.14. The firm has a market capitalization of $436.28 million, a P/E ratio of -14.35 and a beta of 0.75. The business has a fifty day simple moving average of $10.28 and a two-hundred day simple moving average of $6.58.

Silvaco Group (NASDAQ:SVCO) last released its earnings results on Thursday, May 7th. The company reported ($0.02) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.05) by $0.03. The firm had revenue of $17.75 million for the quarter, compared to the consensus estimate of $17.04 million. Silvaco Group had a negative net margin of 41.65% and a negative return on equity of 21.93%. Analysts predict that Silvaco Group, Inc. will post -0.23 earnings per share for the current year.

Insider Buying and Selling

In related news, Director Katherine S. Ngai-Pesic sold 200,000 shares of the business’s stock in a transaction dated Thursday, June 11th. The shares were sold at an average price of $11.27, for a total transaction of $2,254,000.00. Following the sale, the director owned 9,176,403 shares of the company’s stock, valued at $103,418,061.81. The trade was a 2.13% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Insiders have sold a total of 206,248 shares of company stock worth $2,306,221 over the last 90 days. Insiders own 47.90% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have issued reports on SVCO shares. TD Cowen reduced their price objective on shares of Silvaco Group from $8.00 to $6.00 and set a “buy” rating on the stock in a research report on Friday, March 13th. Weiss Ratings cut shares of Silvaco Group from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Friday, June 12th. Wall Street Zen raised shares of Silvaco Group from a “sell” rating to a “hold” rating in a research note on Saturday, March 14th. Needham & Company LLC raised their price objective on shares of Silvaco Group from $10.00 to $18.00 and gave the stock a “buy” rating in a report on Monday, May 11th. Finally, Rosenblatt Securities lifted their price objective on Silvaco Group from $9.00 to $14.00 and gave the company a “buy” rating in a research report on Friday, May 8th. One equities research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $12.67.

Silvaco Group 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.