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SANTA CLARA, Calif.—Illiya Pesic, a member of a 10% owner group at Silvaco Group, Inc. (NASDAQ:SVCO), recently sold 15,000 shares of the company’s common stock. The sale comes as the stock has experienced significant pressure, declining over 74% in the past year. According to InvestingPro analysis, the company currently appears undervalued despite maintaining impressive gross profit margins of nearly 80%. The transactions, which took place on March 13, amounted to a total of $73,156, with shares sold at a weighted average price of $4.8771. The sales were conducted under Pesic’s 10b5-1 trading plan, established in December 2024. Following these transactions, Pesic holds 5,748,649 shares of Silvaco Group. The shares were sold in multiple transactions, with prices ranging from $4.80 to $5.01.
In other recent news, Silvaco Group Inc. reported a strong performance for the fourth quarter of 2024, with earnings per share (EPS) reaching $0.15, significantly surpassing the forecast of $0.08. The company’s revenue for the quarter was $17.9 million, marking a 43% increase from the previous year. Silvaco also achieved a full-year revenue of $59.7 million, reflecting a 10% rise compared to 2023. The company highlighted strategic acquisitions, including Cadence’s Optical Proximity Correction product line, which is expected to contribute modestly to 2025 revenue with more significant impacts anticipated by 2026. Analysts from Needham and Company and Rosenblatt Securities engaged in discussions about the recent acquisition and its integration with Silvaco’s existing product lines. The company projects 2025 gross bookings between $72 million and $79 million, with revenue expected to range from $66 million to $72 million. Silvaco’s strategic focus remains on AI-enabled semiconductor design, aiming for long-term growth and market expansion. The firm ended 2024 with substantial cash reserves of $87.5 million, positioning it well for future investments and acquisitions.
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