Novo Nordisk, Eli Lilly fall after Trump comments on weight loss drug pricing
Director Ngai Anthony K.K. of Silvaco Group, Inc. (NASDAQ:SVCO) reported purchasing shares of the company’s common stock in a series of transactions between September 8 and September 11, 2025. The insider buying comes as the stock trades near $5.19, down approximately 65% over the past year, though showing recent strength with positive returns in the last month.
According to a Form 4 filing with the Securities and Exchange Commission, Ngai acquired a total of 11,700 shares for approximately $61,789. The purchases were executed at prices ranging from $5.1561 to $5.3375 per share.
Specifically, Ngai purchased 5,000 shares on September 8, 2,000 shares on September 9, and a further 2,700 shares on September 10. The buying spree concluded on September 11 with the acquisition of 2,000 shares. Following these transactions, Ngai directly owns 80,777 shares of Silvaco Group, Inc.
In other recent news, Silvaco Group reported its second-quarter 2025 earnings, revealing a significant shortfall in both earnings per share (EPS) and revenue forecasts. The company recorded an EPS of -$0.16, which was considerably below the expected $0.12. Revenue for the quarter was $12.05 million, representing a 19% decline from the previous year and disappointing investors. Following these results, Rosenblatt lowered its price target for Silvaco Group to $12, citing the company’s revenue miss in the second quarter. TD Cowen also adjusted its price target to $8, expressing concerns over execution after the company’s June quarter results. Additionally, Silvaco announced leadership changes, appointing Walden "Wally" C. Rhines as the new CEO after the departure of Dr. Babak Taheri. Chris Zegarelli has been named the new Chief Financial Officer, bringing over 20 years of experience in the semiconductor industry. These developments signal a period of transition for the company as it navigates its financial and leadership landscape.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.