Smart Global Holdings Inc (SGH) VP Bruce M. Goldberg Sells 2,500 Shares
Smart Global Holdings Inc (NASDAQ:SGH) VP Bruce M. Goldberg sold 2,500 shares of the stock in a transaction on Friday, January 5th. The stock was sold at an average price of $35.76, for a total value of $89,400.00. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink.
Smart Global Holdings Inc (NASDAQ SGH) opened at $36.33 on Friday. Smart Global Holdings Inc has a twelve month low of $11.50 and a twelve month high of $43.15. The company has a market capitalization of $814.42 and a PE ratio of 66.05. The company has a current ratio of 1.43, a quick ratio of 0.92 and a debt-to-equity ratio of 1.50.
Smart Global (NASDAQ:SGH) last posted its quarterly earnings results on Thursday, December 21st. The company reported $1.05 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.92 by $0.13. The company had revenue of $265.40 million during the quarter, compared to analyst estimates of $255.03 million. The firm’s quarterly revenue was up 66.6% on a year-over-year basis. equities analysts anticipate that Smart Global Holdings Inc will post 4.76 earnings per share for the current fiscal year.
A number of hedge funds have recently bought and sold shares of the business. SG Americas Securities LLC acquired a new stake in Smart Global in the 3rd quarter valued at about $103,000. Legal & General Group Plc acquired a new stake in Smart Global in the 3rd quarter valued at about $133,000. Strs Ohio acquired a new stake in Smart Global in the 3rd quarter valued at about $158,000. Macquarie Group Ltd. acquired a new stake in Smart Global in the 3rd quarter valued at about $166,000. Finally, Nationwide Fund Advisors acquired a new stake in Smart Global in the 3rd quarter valued at about $268,000. 91.84% of the stock is currently owned by institutional investors.
Smart Global Company Profile
Smart Global Holdings Inc is a holding company. The Company through its subsidiaries provides specialty memory solutions. The Company manufactures memory for desktops, notebooks, servers and mobile memory for smartphones. The Company also serves original equipment manufacturer (OEM), customers to develop memory solutions.
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