Super Micro Computer Inc (NASDAQ: SMCI) is 119.38% 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 $628.80 in the last trading session, with the day’s loss setting it -5.18%.
Currently trading at $623.62, the stock is -2.02% and -18.35% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.86 million and changing -0.82% at the moment leaves the stock -7.60% off its SMA200. SMCI registered 155.52% gain for a year compared to 6-month loss of -22.37%.
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The stock witnessed a -21.73% gain in the last 1 month and extending the period to 3 months gives it a -29.76%, and is 15.28% up 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 6.99% over the week and 7.99% over the month.
Super Micro Computer Inc (SMCI) has around 5126 employees, a market worth around $36.52B and $14.94B in sales. Current P/E ratio is 31.33 and Fwd P/E is 14.08. Profit margin for the company is 8.09%. Distance from 52-week low is 175.22% and -49.26% from its 52-week high. The company has generated returns on investments over the last 12 months (16.68%).
The EPS is expected to grow by 55.43% this year.
Super Micro Computer Inc (SMCI) Top Institutional Holders
1345.0 institutions hold shares in Super Micro Computer Inc (SMCI), with institutional investors hold 66.73% of the company’s shares. The shares outstanding are 52.90M, and float is at 50.15M with Short Float at 10.78%. Institutions hold 57.15% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 6.19 million shares valued at $$6.26 billion. The investor’s holdings represent 10.9682 of the SMCI Shares outstanding. As of 2024-03-31, the second largest holder is BLACKROCK INC. with 5.39 million shares valued at $$5.44 billion to account for 9.5403 of the shares outstanding. The other top investors are SUSQUEHANNA INTERNATIONAL GROUP, LLP which holds 3.7 million shares representing 6.8265 and valued at over $$3.73 billion, while SHAOLIN CAPITAL MANAGEMENT LLC holds 4.986 of the shares totaling 2.82 million with a market value of $$2.84 billion.
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).
