Intel stock extends gains after report of possible U.S. government stake
Benton Ryan A, the Chief Financial Officer of Silvaco Group, Inc. (NASDAQ:SVCO), recently executed a sale of common stock, as disclosed in a recent SEC filing. On April 1, 2025, Ryan sold 168 shares at a price of $4.63 per share, totaling $777. This transaction was part of a process to satisfy certain tax withholding obligations related to the vesting of restricted stock units, as noted in the filing. The sale occurred as SVCO shares trade near $4.23, down about 79% over the past year and currently sitting near their 52-week low of $3.55.
Following the sale, Ryan holds 219,940 shares of Silvaco Group. The transaction reflects the ongoing management of personal holdings by company executives, a common practice in corporate governance. According to InvestingPro data, while Silvaco maintains strong gross profit margins of nearly 80% and holds more cash than debt, the company's overall financial health score is currently rated as weak. Investors seeking deeper insights can access 10 additional ProTips and comprehensive financial analysis through InvestingPro's detailed research reports.
In other recent news, Silvaco Group Inc. reported a strong performance in its fourth quarter of 2024, with earnings per share (EPS) of $0.15, surpassing analyst forecasts of $0.08. The company also achieved a revenue of $17.9 million, marking a 43% increase from the previous year. Silvaco ended the year with significant cash reserves totaling $87.5 million. Additionally, Silvaco has announced the resignation of CFO Ryan Benton, who will leave the company in April 2025. Keith Tainsky has been appointed as the Interim Chief Financial Officer, with Dr. Babak Taheri, CEO of Silvaco, temporarily taking on additional financial roles. Meanwhile, Silvaco has reaffirmed its financial guidance for the first quarter and full year of 2025. The company also highlighted its strategic expansions, including the acquisition of Cadence's Optical Proximity Correction product line, which is expected to modestly contribute to revenue in 2025. In another development, Silvaco has partnered with Faraday Technology Corporation to enhance automotive ASIC design using its FlexCAN IP.
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