20,921 Shares in Silvaco Group, Inc. (NASDAQ:SVCO) Bought by Barclays PLC

Barclays PLC bought a new stake in Silvaco Group, Inc. (NASDAQ:SVCO) during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 20,921 shares of the company’s stock, valued at approximately $298,000. Barclays PLC owned about 0.07% of Silvaco Group as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently made changes to their positions in the stock. Centiva Capital LP acquired a new stake in Silvaco Group in the third quarter valued at $145,000. Federated Hermes Inc. acquired a new stake in Silvaco Group in the 2nd quarter valued at about $216,000. Y Intercept Hong Kong Ltd acquired a new stake in Silvaco Group in the 3rd quarter valued at about $173,000. Point72 DIFC Ltd bought a new stake in Silvaco Group in the second quarter valued at approximately $235,000. Finally, MeadowBrook Investment Advisors LLC raised its stake in Silvaco Group by 106.2% in the third quarter. MeadowBrook Investment Advisors LLC now owns 13,260 shares of the company’s stock valued at $190,000 after buying an additional 6,830 shares during the period.

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the company. Rosenblatt Securities reissued a “buy” rating and set a $18.00 target price on shares of Silvaco Group in a report 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 Wednesday, November 13th. TD Cowen reduced their target price on shares of Silvaco Group from $20.00 to $15.00 and set a “buy” rating for the company in a report on Wednesday, November 13th. Finally, Craig Hallum lowered their price target on shares of Silvaco Group from $17.00 to $15.00 and set a “buy” rating on the stock in a report on Wednesday, January 15th. Six investment analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock has a consensus rating of “Buy” and an average price target of $19.67.

Insiders Place Their Bets

In related news, insider Eric Guichard sold 25,000 shares of the stock in a transaction that occurred on Friday, November 15th. The stock was sold at an average price of $7.19, for a total transaction of $179,750.00. Following the sale, the insider now owns 57,902 shares of the company’s stock, valued at $416,315.38. This represents a 30.16 % decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

Silvaco Group Price Performance

SVCO opened at $8.21 on Tuesday. The stock has a fifty day moving average of $8.04 and a 200-day moving average of $11.83. Silvaco Group, Inc. has a fifty-two week low of $6.14 and a fifty-two week high of $21.59.

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.