Barclays PLC Makes New $298,000 Investment in Silvaco Group, Inc. (NASDAQ:SVCO)

Barclays PLC purchased a new position in shares of Silvaco Group, Inc. (NASDAQ:SVCO) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 20,921 shares of the company’s stock, valued at approximately $298,000. Barclays PLC owned approximately 0.07% of Silvaco Group as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently made changes to their positions in the company. Centiva Capital LP purchased a new position in shares of Silvaco Group during the third quarter worth approximately $145,000. Federated Hermes Inc. purchased a new position in shares of Silvaco Group during the second quarter worth approximately $216,000. Y Intercept Hong Kong Ltd purchased a new position in shares of Silvaco Group during the third quarter worth approximately $173,000. Point72 DIFC Ltd purchased a new position in shares of Silvaco Group during the second quarter worth approximately $235,000. Finally, MeadowBrook Investment Advisors LLC raised its stake in shares of Silvaco Group by 106.2% during the third quarter. MeadowBrook Investment Advisors LLC now owns 13,260 shares of the company’s stock worth $190,000 after acquiring an additional 6,830 shares in the last quarter.

Analyst Ratings Changes

Several research analysts recently commented on SVCO shares. Needham & Company LLC reaffirmed a “buy” rating and issued a $19.00 target price on shares of Silvaco Group in a research note on Wednesday, November 13th. Rosenblatt Securities decreased their target price on shares of Silvaco Group from $26.00 to $18.00 and set a “buy” rating on the stock in a research note on Thursday, October 17th. TD Cowen decreased their target price on shares of Silvaco Group from $20.00 to $15.00 and set a “buy” rating on the stock in a research note on Wednesday, November 13th. B. Riley reaffirmed a “buy” rating and issued a $26.00 target price on shares of Silvaco Group in a research note on Thursday, September 19th. Finally, Craig Hallum decreased their target price on shares of Silvaco Group from $25.00 to $17.00 and set a “buy” rating on the stock in a research note on Wednesday, October 16th. Six analysts have rated the stock with a buy rating, According to MarketBeat.com, the company has a consensus rating of “Buy” and a consensus target price of $20.00.

Insider Activity at Silvaco Group

In related news, insider Eric Guichard sold 25,000 shares of Silvaco Group stock in a transaction on Friday, November 15th. The shares were sold at an average price of $7.19, for a total value of $179,750.00. Following the sale, the insider now owns 57,902 shares in the company, valued at $416,315.38. The trade was a 30.16 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

Silvaco Group Trading Up 4.0 %

NASDAQ:SVCO opened at $8.52 on Monday. The firm’s fifty day simple moving average is $7.73 and its 200 day simple moving average is $12.61. Silvaco Group, Inc. has a twelve month low of $6.14 and a twelve month high of $21.59.

Silvaco Group 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.