Super Micro Computer Inc. (NASDAQ:SMCI) VP Cheng-Hsien Phidias Chou sold 500 shares of the company’s stock in a transaction dated Monday, November 21st. The stock was sold at an average price of $26.31, for a total transaction of $13,155.00. Following the sale, the vice president now directly owns 500 shares in the company, valued at $13,155. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

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

  • On Friday, November 11th, Cheng-Hsien Phidias Chou sold 500 shares of Super Micro Computer stock. The stock was sold at an average price of $24.87, for a total transaction of $12,435.00.
  • On Thursday, August 25th, Cheng-Hsien Phidias Chou sold 1,000 shares of Super Micro Computer stock. The stock was sold at an average price of $21.75, for a total transaction of $21,750.00.

Shares of Super Micro Computer Inc. (NASDAQ:SMCI) opened at 26.75 on Thursday. Super Micro Computer Inc. has a 1-year low of $18.60 and a 1-year high of $34.69. The company has a market capitalization of $1.28 billion, a PE ratio of 19.38 and a beta of 0.29. The stock’s 50 day moving average is $23.33 and its 200 day moving average is $23.49.

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

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

A number of hedge funds have recently modified their holdings of SMCI. Northpointe Capital LLC boosted its stake in shares of Super Micro Computer by 41.2% in the second quarter. Northpointe Capital LLC now owns 415,062 shares of the company’s stock valued at $10,314,000 after buying an additional 121,090 shares during the period. Redwood Investments LLC boosted its stake in shares of Super Micro Computer by 19.1% in the second quarter. Redwood Investments LLC now owns 142,098 shares of the company’s stock valued at $3,531,000 after buying an additional 22,819 shares during the period. GW&K Investment Management LLC boosted its stake in shares of Super Micro Computer by 16.5% in the second quarter. GW&K Investment Management LLC now owns 373,478 shares of the company’s stock valued at $9,281,000 after buying an additional 52,897 shares during the period. Louisiana State Employees Retirement System boosted its stake in shares of Super Micro Computer by 1.2% in the second quarter. Louisiana State Employees Retirement System now owns 16,500 shares of the company’s stock valued at $410,000 after buying an additional 200 shares during the period. Finally, Capstone Asset Management Co. boosted its stake in shares of Super Micro Computer by 2.4% in the second quarter. Capstone Asset Management Co. now owns 10,850 shares of the company’s stock valued at $270,000 after buying an additional 250 shares during the period. Institutional investors and hedge funds own 67.93% of the company’s stock.

Several brokerages have weighed in on SMCI. TheStreet raised shares of Super Micro Computer from a “hold” rating to a “buy” rating in a research note on Thursday, November 17th. Roth Capital set a $24.00 price objective on shares of Super Micro Computer and gave the stock a “hold” rating in a research note on Sunday, October 30th. Zacks Investment Research raised shares of Super Micro Computer from a “hold” rating to a “buy” rating and set a $26.00 price objective on the stock in a research note on Wednesday, October 5th. Maxim Group upped 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. Finally, Pacific Crest began coverage on shares of Super Micro Computer in a research note on Thursday, July 28th. They set a “sector weight” rating on the stock. Three investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of $29.50.

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Super Micro Computer Company Profile

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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