Super Micro Computer Inc. (NASDAQ:SMCI) VP Cheng-Hsien Phidias Chou sold 500 shares of the company’s stock in a transaction dated Friday, November 11th. The shares were sold at an average price of $24.87, for a total transaction of $12,435.00. Following the completion of the sale, the vice president now owns 500 shares in the company, valued at approximately $12,435. The sale was disclosed in a filing with the SEC, which is accessible through this link.

Cheng-Hsien Phidias Chou also recently made the following trade(s):

  • On Thursday, August 25th, Cheng-Hsien Phidias Chou sold 1,000 shares of Super Micro Computer stock. The shares were sold at an average price of $21.75, for a total transaction of $21,750.00.

Super Micro Computer Inc. (NASDAQ:SMCI) remained flat at $25.50 on Thursday. The stock had a trading volume of 21,216 shares. Super Micro Computer Inc. has a 12 month low of $18.60 and a 12 month high of $34.69. The company has a market capitalization of $1223.49 billion, a PE ratio of 18.48 and a beta of 0.29. The stock’s 50-day moving average is $22.92 and its 200-day moving average is $23.51.

Super Micro Computer (NASDAQ:SMCI) last posted its quarterly earnings results on Thursday, October 27th. The company reported $0.32 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.19 by $0.13. The business had revenue of $529 million for the quarter, compared to the consensus estimate of $503.64 million. Super Micro Computer had a return on equity of 10.15% and a net margin of 3.23%. The company’s quarterly revenue was up 1.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.45 EPS. On average, equities research analysts expect that Super Micro Computer Inc. will post $1.57 earnings per share for the current fiscal year.

Insider Buying and Selling by Quarter for Super Micro Computer (NASDAQ:SMCI)

SMCI has been the topic of a number of recent analyst reports. TheStreet lowered shares of Super Micro Computer from a “buy” rating to a “hold” rating in a research note on Monday, August 22nd. Zacks Investment Research upgraded shares of Super Micro Computer from a “strong sell” rating to a “hold” rating in a research note on Wednesday, September 21st. Maxim Group increased their price objective on shares of Super Micro Computer from $30.00 to $34.00 and gave the stock a “buy” rating in a research note on Friday, September 23rd. Pacific Crest assumed coverage on shares of Super Micro Computer in a research note on Thursday, July 28th. They set a “sector weight” rating on the stock. Finally, Roth Capital lowered shares of Super Micro Computer from a “buy” rating to a “neutral” rating and dropped their price objective for the stock from $40.00 to $22.50 in a research note on Friday, August 5th. Four research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Super Micro Computer has a consensus rating of “Buy” and an average target price of $29.50.

Several institutional investors have recently modified their holdings of the stock. Aperio Group LLC bought a new position in shares of Super Micro Computer during the first quarter valued at about $269,000. BlackRock Group LTD boosted its position in shares of Super Micro Computer by 7.7% in the first quarter. BlackRock Group LTD now owns 36,464 shares of the company’s stock valued at $1,242,000 after buying an additional 2,603 shares during the period. HBK Investments L P bought a new position in shares of Super Micro Computer during the first quarter valued at about $267,000. Envestnet Asset Management Inc. boosted its position in shares of Super Micro Computer by 21.4% in the first quarter. Envestnet Asset Management Inc. now owns 34,190 shares of the company’s stock valued at $1,165,000 after buying an additional 6,034 shares during the period. Finally, Springbok Capital Management LLC boosted its position in shares of Super Micro Computer by 55.0% in the first quarter. Springbok Capital Management LLC now owns 4,100 shares of the company’s stock valued at $140,000 after buying an additional 1,454 shares during the period. 68.54% of the stock is owned by institutional investors and hedge funds.

About Super Micro Computer

Super Micro Computer, Inc is engaged in developing and providing end-to-end green computing solutions to the cloud computing, data center, enterprise information technology (IT), big data, high performance computing (HPC) and Internet of Things (IoT)/embedded markets. The Company’s solutions range from server, storage, blade and workstations to full racks, networking devices, server management software and technology support and services.

5 Day Chart for NASDAQ:SMCI

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