Super Micro Computer, Inc. (NASDAQ:SMCI) CEO Charles Liang Sells 60,126 Shares


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Super Micro Computer, Inc. (NASDAQ:SMCI) CEO Charles Liang sold 60,126 shares of the business’s stock in a transaction that occurred on Monday, April 5th. The stock was sold at an average price of $40.02, for a total value of $2,406,242.52. Following the sale, the chief executive officer now owns 6,648,929 shares of the company’s stock, valued at $266,090,138.58. The transaction was disclosed in a legal filing with the SEC, which is available at this link.

Charles Liang also recently made the following trade(s):

  • On Thursday, April 1st, Charles Liang sold 61,511 shares of Super Micro Computer stock. The shares were sold at an average price of $39.26, for a total value of $2,414,921.86.

Super Micro Computer stock opened at $39.34 on Thursday. The firm has a 50 day simple moving average of $35.78 and a 200-day simple moving average of $32.03. The stock has a market cap of $1.99 billion, a price-to-earnings ratio of 24.90 and a beta of 1.30. The company has a debt-to-equity ratio of 0.01, a current ratio of 2.51 and a quick ratio of 1.20. Super Micro Computer, Inc. has a 1-year low of $20.07 and a 1-year high of $40.33.

Super Micro Computer (NASDAQ:SMCI) last issued its quarterly earnings data on Monday, February 1st. The company reported $0.63 earnings per share for the quarter, topping the consensus estimate of $0.44 by $0.19. The company had revenue of $830.31 million during the quarter, compared to analyst estimates of $827.00 million. Super Micro Computer had a return on equity of 12.14% and a net margin of 2.56%. Equities analysts expect that Super Micro Computer, Inc. will post 1.93 earnings per share for the current fiscal year.

A number of brokerages have recently commented on SMCI. Loop Capital increased their target price on shares of Super Micro Computer from $40.00 to $45.00 and gave the company a “buy” rating in a research report on Monday, March 8th. Zacks Investment Research cut Super Micro Computer from a “hold” rating to a “sell” rating in a report on Wednesday, December 23rd.

Several institutional investors have recently made changes to their positions in the company. Lazard Asset Management LLC increased its position in shares of Super Micro Computer by 474.0% during the 4th quarter. Lazard Asset Management LLC now owns 2,451 shares of the company’s stock worth $77,000 after purchasing an additional 2,024 shares during the last quarter. Amundi Pioneer Asset Management Inc. purchased a new position in Super Micro Computer during the fourth quarter worth about $128,000. GSA Capital Partners LLP purchased a new position in Super Micro Computer during the fourth quarter worth about $247,000. SG Americas Securities LLC acquired a new stake in shares of Super Micro Computer during the fourth quarter valued at about $249,000. Finally, CWM Advisors LLC purchased a new stake in shares of Super Micro Computer in the 4th quarter valued at approximately $283,000. 75.22% of the stock is currently owned by institutional investors and hedge funds.

About Super Micro Computer

Super Micro Computer, Inc, together with its subsidiaries, develops and manufactures high-performance server and storage solutions based on modular and open architecture. Its solutions range from complete server, storage, modular blade servers, blades, workstations, full racks, networking devices, server management software, and server sub-systems, as well as support and services.

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