Super Micro Computer, Inc. (NASDAQ:SMCI) Director Liang Chiu-Chu Sara Liu Sells 525 Shares

Super Micro Computer, Inc. (NASDAQ:SMCI) Director Liang Chiu-Chu Sara Liu sold 525 shares of the business’s stock in a transaction that occurred on Monday, April 29th. The stock was sold at an average price of $869.62, for a total value of $456,550.50. Following the completion of the sale, the director now directly owns 3,459 shares in the company, valued at $3,008,015.58. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.

Super Micro Computer Price Performance

NASDAQ SMCI opened at $782.70 on Friday. The company has a debt-to-equity ratio of 0.35, a current ratio of 4.69 and a quick ratio of 1.19. Super Micro Computer, Inc. has a 1-year low of $131.06 and a 1-year high of $1,229.00. The stock has a market capitalization of $43.78 billion, a price-to-earnings ratio of 43.84, a PEG ratio of 0.67 and a beta of 1.34. The business’s fifty day moving average price is $947.89 and its 200-day moving average price is $579.19.

Analyst Ratings Changes

SMCI has been the topic of several analyst reports. Argus began coverage on Super Micro Computer in a report on Wednesday, March 6th. They issued a “buy” rating and a $1,350.00 target price on the stock. Loop Capital increased their price objective on shares of Super Micro Computer from $600.00 to $1,500.00 and gave the company a “buy” rating in a research report on Tuesday, April 16th. Susquehanna raised their price objective on shares of Super Micro Computer from $162.00 to $250.00 and gave the company a “negative” rating in a research note on Tuesday, January 30th. StockNews.com upgraded shares of Super Micro Computer from a “sell” rating to a “hold” rating in a research note on Wednesday. Finally, Rosenblatt Securities reiterated a “buy” rating and set a $1,300.00 price target on shares of Super Micro Computer in a report on Wednesday. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and nine have issued a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $954.38.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the company. Sound Income Strategies LLC grew its stake in shares of Super Micro Computer by 14.4% during the 1st quarter. Sound Income Strategies LLC now owns 103 shares of the company’s stock valued at $104,000 after purchasing an additional 13 shares during the period. Versant Capital Management Inc grew its position in Super Micro Computer by 42.9% during the first quarter. Versant Capital Management Inc now owns 50 shares of the company’s stock valued at $51,000 after buying an additional 15 shares during the period. TFC Financial Management Inc. grew its position in Super Micro Computer by 23.1% during the first quarter. TFC Financial Management Inc. now owns 80 shares of the company’s stock valued at $81,000 after buying an additional 15 shares during the period. Valeo Financial Advisors LLC raised its position in Super Micro Computer by 1.3% in the first quarter. Valeo Financial Advisors LLC now owns 1,270 shares of the company’s stock worth $1,283,000 after acquiring an additional 16 shares during the period. Finally, Crossmark Global Holdings Inc. raised its position in Super Micro Computer by 0.4% in the fourth quarter. Crossmark Global Holdings Inc. now owns 4,078 shares of the company’s stock worth $1,160,000 after acquiring an additional 18 shares during the period. Institutional investors own 84.06% of the company’s stock.

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 in the United States, Europe, Asia, and internationally. Its solutions range from complete server, storage systems, modular blade servers, blades, workstations, full racks, networking devices, server sub-systems, server management software, and security software.