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Tuesday, January 31, 2023

Investors’ Patience Is Being Tested Right Now By Super Micro Computer Inc. (NASDAQ: SMCI)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for Super Micro Computer Inc. (SMCI) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.39, or 0.52%, to $76.00. The Super Micro Computer Inc. has recorded 28,780 volume in the after hours trading session. Yahoo Finance discussed the stock recently as it posted Supermicro Unleashes New Better, Faster, and Greener X13 Server Portfolio Featuring 4th Gen Intel® Xeon® Scalable Processors.

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Stocks Info

Super Micro Computer Inc. is listed on the NASDAQ as a member of the Technology sector and is a part of the Computer Hardware industry. At the end of the last regular session, the stock closed at $75.61 and fluctuated between $78.70 as its day high and $74.10 as its day low. The current market capitalization of Super Micro Computer Inc. is $3.81B. A total of 2.12 million shares were traded on the day, compared to an average of 1.14M shares.

Insider Activity

Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, SMCI has seen 13 BUY and 11 SELL insider trades, representing the acquisition of 19,673 and the disposition of 7,264 shares. Over the last 12 months, there were 44 BUYs and 40 SELLs from insiders. Insiders purchased 108,187 shares during that period but sold 73,008.

In the most recent transaction, CLEGG DON W sold 1,000 shares of SMCI for 91.03 per share on Nov 23. After the transaction, the SVP, Worldwide Sales now owns 9,117 company shares. In a previous transaction on Nov 21, CHAN SHIU LEUNG bought 1,525 shares at 83.50 per share. SMCI shares that Director owns now total 26,000.

Among the insiders who bought shares, CHAN SHIU LEUNG acquired of 3,000 shares on Nov 15 at a per-share price of $88.88. This resulted in the Director holding 24,475 shares of SMCI after the transaction. In another insider transaction, CHAN SHIU LEUNG bought 6,000 shares at $81.20 per share on Nov 14. Company shares held by the Director now total 21,475.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for SMCI in the last 3 months, the mean price target is $97.60 with high estimates of $165.00 and low estimates of $63.00. In terms of 52-week highs and lows, SMCI has a high of $95.22 and a low of $34.11.

As of this writing, SMCI has an earnings estimate of $2.54 per share for the current quarter. EPS was calculated based on a consensus of 5 estimates, with a high estimate of $3.13 per share and a lower estimate of $2.13. The company reported an EPS of $1.55 in the last quarter, which was 38.40% higher than expectations of $1.12.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 5 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for SMCI is Overweight with a score of 3.67. A total of 3 analysts rated the stock as Buy while 0 rated it as Overweight while 2 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.

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