Super Micro Computer Inc (NASDAQ: SMCI) is -24.22% lower on its value in year-to-date trading and has touched a low of $17.25 and a high of $122.90 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SMCI stock was last observed hovering at around $18.58 in the last trading session, with the day’s gains setting it 2.96%.
Currently trading at $21.54, the stock is -30.48% and -45.24% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 159.98 million and changing 15.93% at the moment leaves the stock -69.52% off its SMA200. SMCI registered -24.07% loss for a year compared to 6-month loss of -76.17%. The firm has a 50-day simple moving average (SMA 50) of $39.7209 and a 200-day simple moving average (SMA200) of $70.84754.
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The stock witnessed a -54.42% gain in the last 1 month and extending the period to 3 months gives it a -64.74%, and is -7.28% 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 10.70% over the week and 9.98% over the month.
Current P/E ratio is 10.82 and Fwd P/E is 5.84. Profit margin for the company is 8.09%. Distance from 52-week low is 24.87% and -82.47% from its 52-week high. The company has generated returns on investments over the last 12 months (16.68%).
with sales reaching $6.03B over the same period.The EPS is expected to grow by 33.44% this year, but quarterly earnings will post 69.01% year-over-year. Quarterly sales are estimated to grow 184.44% in year-over-year returns.
Super Micro Computer Inc (SMCI) Top Institutional Holders
1012.0 institutions hold shares in Super Micro Computer Inc (SMCI), with institutional investors hold 64.83% of the company’s shares. The shares outstanding are 585.57M, and float is at 499.66M with Short Float at 19.02%. Institutions hold 55.44% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 5.96 million shares valued at $4.88 billion. The investor’s holdings represent 10.5558% of the SMCI Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 4.02 million shares valued at $3.29 billion to account for 7.1135 of the shares outstanding. The other top investors are SUSQUEHANNA INTERNATIONAL GROUP, LLP which holds 3.67 million shares representing 6.4923% and valued at over $3.0 billion, while STATE STREET CORP holds 3.6288 of the shares totaling 2.05 million with a market value of $1.68 billion.
Super Micro Computer Inc (SMCI) Insider Activity
The most recent transaction is an insider sale by FAIRFAX DANIEL W, the company’s Director. 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).
