Independent Director of Silvaco Group Picks Up 31% More Stock

Even if it's not a huge purchase, we think it was good to see that Anthony K. Ngai, the Independent Director of Silvaco Group, Inc. (NASDAQ:SVCO) recently shelled out US$62k to buy stock, at US$5.28 per share. While we're hesitant to get too excited about a purchase of that size, we do note it increased their holding by a solid 31%.

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Silvaco Group Insider Transactions Over The Last Year

In the last twelve months, the biggest single sale by an insider was when the Senior VP & GM of TCAD Division, Eric Guichard, sold US$180k worth of shares at a price of US$7.19 per share. While we don't usually like to see insider selling, it's more concerning if the sales take place at a lower price. The silver lining is that this sell-down took place above the latest price (US$5.63). So it may not shed much light on insider confidence at current levels.

In the last twelve months insiders purchased 36.70k shares for US$185k. But they sold 70.93k shares for US$410k. In total, Silvaco Group insiders sold more than they bought over the last year. The chart below shows insider transactions (by companies and individuals) over the last year. By clicking on the graph below, you can see the precise details of each insider transaction!

View our latest analysis for Silvaco Group

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Insider Ownership Of Silvaco Group

Many investors like to check how much of a company is owned by 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. It's great to see that Silvaco Group insiders own 70% of the company, worth about US$120m. This kind of significant ownership by insiders does generally increase the chance that the company is run in the interest of all shareholders.

So What Does This Data Suggest About Silvaco Group Insiders?

It's certainly positive to see the recent insider purchase. But we can't say the same for the transactions over the last 12 months. The high levels of insider ownership, and the recent buying by an insider suggests they are well aligned and optimistic. So while it's helpful to know what insiders are doing in terms of buying or selling, it's also helpful to know the risks that a particular company is facing. For example - Silvaco Group has 3 warning signs we think you should be aware of.

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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.