Investors may wish to note that the Director of Silvaco Group, Inc., Iliya Pesic, recently netted US$78k from selling stock, receiving an average price of US$12.96. On the bright side, that's just a small sale and only reduced their holding by 0.1%.
Silvaco Group Insider Transactions Over The Last Year
The Chairman of the Board, Katherine Ngai-Pesic, made the biggest insider sale in the last 12 months. That single transaction was for US$2.0m worth of shares at a price of US$2.26 each. So it's clear an insider wanted to take some cash off the table, even below the current price of US$11.47. When an insider sells below the current price, it suggests that they considered that lower price to be fair. That makes us wonder what they think of the (higher) recent valuation. While insider selling is not a positive sign, we can't be sure if it does mean insiders think the shares are fully valued, so it's only a weak sign. This single sale was just 6.8% of Katherine Ngai-Pesic's stake.
Happily, we note that in the last year insiders paid US$523k for 122.17k shares. But insiders sold 1.67m shares worth US$3.6m. Over the last year we saw more insider selling of Silvaco Group shares, than buying. You can see a visual depiction of insider transactions (by companies and individuals) over the last 12 months, below. By clicking on the graph below, you can see the precise details of each insider transaction!
See our latest analysis for Silvaco Group
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Insider Ownership Of Silvaco Group
I like to look at how many shares insiders own in a company, to help inform my view of how aligned they are with insiders. Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term. Silvaco Group insiders own about US$226m worth of shares (which is 60% of the company). Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders.
So What Does This Data Suggest About Silvaco Group Insiders?
Unfortunately, there has been more insider selling of Silvaco Group stock, than buying, in the last three months. Despite some insider buying, the longer term picture doesn't make us feel much more positive. It is good to see high insider ownership, but the insider selling leaves us cautious. While it's good to be aware of what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. When we did our research, we found 3 warning signs for Silvaco Group (1 is concerning!) that we believe deserve your full attention.
Of course, you might find a fantastic investment by looking elsewhere. So take a peek at this free list of interesting companies.
For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.