In a filing, Silvaco Group Inc revealed its insider Guichard Eric unloaded Company’s shares for reported $0.18 million on Nov 15 ’24. In the deal valued at $7.19 per share,25,000 shares were sold. As a result of this transaction, Guichard Eric now holds 57,902 shares worth roughly $0.48 million.
Then, ERIC GUICHARD bought 25,000 shares, generating $179,855 in total proceeds.
TD Cowen reiterated its Silvaco Group Inc [SVCO] rating to a Buy in a research note published on November 13, 2024; the price target was $15. A number of analysts have revised their coverage, including Needham’s analysts, who remained covering the stock and in mid October has reiterated a ‘”a Buy”‘ rating for it. TD Cowen also remained covering SVCO and reiterated its “Buy” recommendation on October 16, 2024. B. Riley Securities started covering the stock on June 05, 2024. It rated SVCO as “a Buy”.
Price Performance Review of SVCO
On Friday, Silvaco Group Inc [NASDAQ:SVCO] saw its stock jump 1.23% to $8.21. Over the last five days, the stock has gained 9.47%. Silvaco Group Inc shares have risen nearly 1.61% since the year began.
Levels Of Support And Resistance For SVCO Stock
The 24-hour chart illustrates a support level at 8.07, which if violated will result in even more drops to 7.92. On the upside, there is a resistance level at 8.42. A further resistance level may holdings at 8.62. The Relative Strength Index (RSI) on the 14-day chart is 51.77, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.08, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 36.91%. Stochastics %K at 61.07% indicates the stock is a holding.
How much short interest is there in Silvaco Group Inc?
A steep rise in short interest was recorded in Silvaco Group Inc stocks on 2024-12-31, dropping by 62395.0 shares to a total of 0.94 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-29 was 1.0 million shares. There was a decline of -6.67%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on June 04, 2024 when Craig Hallum began covering the stock and recommended ‘”a Buy”‘ rating along with a $25 price target.
