Super Micro Computer, Inc. (NASDAQ:SMCI - Get Free Report) Director Liang Chiu-Chu Sara Liu sold 525 shares of the business's stock in a transaction on Monday, April 29th. The stock was sold at an average price of $869.62, for a total transaction of $456,550.50. Following the transaction, the director now directly owns 3,459 shares of the company's stock, valued at approximately $3,008,015.58. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink.
Super Micro Computer Stock Performance
NASDAQ:SMCI opened at $738.30 on Thursday. Super Micro Computer, Inc. has a 12-month low of $101.71 and a 12-month high of $1,229.00. The company has a quick ratio of 1.19, a current ratio of 2.43 and a debt-to-equity ratio of 0.03. The firm has a market capitalization of $41.29 billion, a PE ratio of 41.38, a price-to-earnings-growth ratio of 0.77 and a beta of 1.34. The firm has a 50-day moving average price of $952.15 and a 200 day moving average price of $577.91.
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Super Micro Computer (NASDAQ:SMCI - Get Free Report) last posted its quarterly earnings results on Monday, January 29th. The company reported $5.59 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.94 by $0.65. Super Micro Computer had a net margin of 8.88% and a return on equity of 43.62%. The firm had revenue of $3.66 billion during the quarter, compared to analyst estimates of $2.80 billion. During the same quarter in the prior year, the business posted $3.09 earnings per share. The company's quarterly revenue was up 103.0% compared to the same quarter last year. Research analysts anticipate that Super Micro Computer, Inc. will post 19.87 earnings per share for the current fiscal year.
Analyst Upgrades and Downgrades
SMCI has been the subject of a number of research analyst reports. JPMorgan Chase & Co. initiated coverage on shares of Super Micro Computer in a research report on Monday, March 25th. They set an "overweight" rating and a $1,150.00 price objective for the company. Northland Securities upped their price objective on shares of Super Micro Computer from $925.00 to $1,300.00 and gave the company an "outperform" rating in a research report on Monday, March 25th. Rosenblatt Securities reaffirmed a "buy" rating and set a $1,300.00 price objective on shares of Super Micro Computer in a research report on Wednesday. Loop Capital upped their price objective on shares of Super Micro Computer from $600.00 to $1,500.00 and gave the company a "buy" rating in a research report on Tuesday, April 16th. Finally, StockNews.com raised shares of Super Micro Computer from a "sell" rating to a "hold" rating in a research report on Wednesday. One equities research analyst has rated the stock with a sell rating, five have issued a hold rating and nine have assigned a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $954.38.
Get Our Latest Stock Analysis on Super Micro Computer
Institutional Trading of Super Micro Computer
Several large investors have recently added to or reduced their stakes in SMCI. Allworth Financial LP bought a new stake in Super Micro Computer during the third quarter worth about $27,000. Optimum Investment Advisors bought a new stake in Super Micro Computer during the fourth quarter worth about $28,000. Livforsakringsbolaget Skandia Omsesidigt bought a new stake in Super Micro Computer during the fourth quarter worth about $30,000. FinTrust Capital Advisors LLC bought a new stake in Super Micro Computer during the fourth quarter worth about $33,000. Finally, Bank of New Hampshire bought a new stake in Super Micro Computer during the first quarter worth about $35,000. 84.06% of the stock is owned by institutional investors.
About Super Micro Computer
(
Get Free Report)
Super Micro Computer, Inc, together with its subsidiaries, develops and manufactures high performance server and storage solutions based on modular and open architecture in the United States, Europe, Asia, and internationally. Its solutions range from complete server, storage systems, modular blade servers, blades, workstations, full racks, networking devices, server sub-systems, server management software, and security software.
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