Super Micro Computer Inc (NASDAQ: SMCI) Loses 3.26% From High. Why That Could Change?

Insiders at the company have transacted a total of 133 times over the past 12 months, according to data filed with the U.S. Securities and Exchange Commission (SEC). 65 of these insider trades were purchases, accounting for 129,447 shares. Insider sales of the common stock occurred on 68 occasions, with total insider shares sold totaling 107,630 shares.

However, the script later moved the day high at 554.44, up 3.49%. The company’s stock has a 5-day price change of 12.15% and 112.50% over the past three months. SMCI shares are trading 80.46% year to date (YTD), with the 12-month market performance up to 590.40% higher. It has a 12-month low price of $70.11 and touched a high of $496.78 over the same period. SMCI has an average intraday trading volume of 4.31 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 40.36%, 61.67%, and 98.47% respectively.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Institutional ownership of Super Micro Computer Inc (NASDAQ: SMCI) shares accounts for 67.40% of the company’s 52.90M shares outstanding.

It has a market capitalization of $28.49B and a beta (3y monthly) value of 1.23. The stock’s trailing 12-month PE ratio is 40.08, while the earnings-per-share (ttm) stands at $12.80. The company has a PEG of 1.02 and a Quick Ratio of 1.19 with the debt-to-equity ratio at 0.12. Price movements for the stock have been influenced by the stock’s volatility, which stands at 6.50% over the week and 8.20% over the month.

Analysts forecast that Super Micro Computer Inc (SMCI) will achieve an EPS of $4.55 for the current quarter, $5.28 for the next quarter and $20.9 for 2025. The lowest estimate earnings-per-share for the quarter is $3.51 while analysts give the company a high EPS estimate of $5.92. Comparatively, EPS for the current quarter was $1.63 a year ago. Earnings per share for the fiscal year are expected to increase by 82.93%, and 29.23% over the next financial year. EPS should shrink at an annualized rate of 39.40% over the next five years, compared to 66.82% over the past 5-year period.

Looking at the support for the SMCI, a number of firms have released research notes about the stock. Susquehanna stated their Negative rating for the stock in a research note on December 11, 2023, with the firm’s price target at $240-$160.

Most Popular

Related Posts