Super Micro Computer Inc (NASDAQ: SMCI) is -7.55% 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 $29.07 in the last trading session, with the day’s loss setting it -0.89%.
Currently trading at $28.18, the stock is -11.57% and -14.22% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 35.5 million and changing -3.06% at the moment leaves the stock -50.47% off its SMA200. SMCI registered -40.75% loss for a year compared to 6-month loss of -60.43%. The firm has a 50-day simple moving average (SMA 50) of $32.85 and a 200-day simple moving average (SMA200) of $56.897903.
The stock witnessed a -17.91% gain in the last 1 month and extending the period to 3 months gives it a -39.04%, and is -13.16% 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 7.35% over the week and 6.82% over the month.
Current P/E ratio is 14.16 and Fwd P/E is 8.10. Profit margin for the company is 8.09%. Distance from 52-week low is 63.36% and -77.07% from its 52-week high. The company has generated returns on investments over the last 12 months (16.68%).
with sales reaching $5.94B over the same period.The EPS is expected to grow by 28.16% this year, but quarterly earnings will post 63.91% year-over-year. Quarterly sales are estimated to grow 180.43% in year-over-year returns.
Super Micro Computer Inc (SMCI) Top Institutional Holders
975.0 institutions hold shares in Super Micro Computer Inc (SMCI), with institutional investors hold 61.78% of the company’s shares. The shares outstanding are 585.57M, and float is at 501.11M with Short Float at 15.40%. Institutions hold 52.83% 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).
