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Super Micro Computer Inc (SMCI) Looks Ready for Growth Despite 78.98% Change This Year

Super Micro Computer Inc (NASDAQ: SMCI) is 78.98% higher on its value in year-to-date trading and has touched a low of $226.59 and a high of $1229.00 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The SMCI stock was last observed hovering at around $509.94 in the last trading session, with the day’s loss setting it -1.18%.

Currently trading at $508.76, the stock is -29.24% and -35.66% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.87 million and changing -0.23% at the moment leaves the stock -23.51% off its SMA200. SMCI registered 91.17% gain for a year compared to 6-month gain of -27.11%.

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The stock witnessed a -42.79% loss in the last 1 month and extending the period to 3 months gives it a -36.38%, and is -18.55% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 10.43% over the week and 7.58% over the month.

Super Micro Computer Inc (SMCI) has around 5126 employees, a market worth around $29.79B and $14.94B in sales. Current P/E ratio is 25.56 and Fwd P/E is 11.49. Profit margin for the company is 8.09%. Distance from 52-week low is 124.53% and -58.60% from its 52-week high. The company has generated returns on investments over the last 12 months (16.68%).

with sales reaching $6.29B over the same period.The EPS is expected to grow by 55.93% this year, but quarterly earnings will post 77.40% year-over-year. Quarterly sales are estimated to grow 205.00% in year-over-year returns.

Super Micro Computer Inc (SMCI) Top Institutional Holders

The shares outstanding are 52.90M, and float is at 50.20M with Short Float at 10.77%.

Super Micro Computer Inc (SMCI) Insider Activity

The most recent transaction is an insider sale by FAIRFAX DANIEL W,the company’sDirector. SEC filings show that FAIRFAX DANIEL W sold 300 shares of the company’s common stock on Jun 03 ’24 at a price of $802.00 per share for a total of $0.24 million. Following the sale, the insider now owns 18887.0 shares.

Super Micro Computer Inc disclosed in a document filed with the SEC on May 30 ’24 that LIU TALLY C (Director) sold a total of 500 shares of the company’s common stock. The trade occurred on May 30 ’24 and was made at $839.17 per share for $0.42 million. Following the transaction, the insider now directly holds 27813.0 shares of the SMCI stock.

Still, SEC filings show that on May 01 ’24, FAIRFAX DANIEL W (Director) disposed off 300 shares at an average price of $777.36 for $0.23 million. The insider now directly holds 19,187 shares of Super Micro Computer Inc (SMCI).

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