There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after 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 $0.10, or 0.14%, to $72.23. The Super Micro Computer Inc. has recorded 12,511 volume in the after hours trading session. The stock was recently discussed on Yahoo Finance as it revealed that Supermicro Provides Second Quarter of Fiscal 2023 Business Update.
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This NASDAQ-listed company operates within the Computer Hardware industry segment, falling under the Technology sector. At the end of the last regular session, the stock closed at $72.13 and fluctuated between $75.07 as its day high and $71.63 as its day low. The current market capitalization of Super Micro Computer Inc. is $3.92B. A total of 1.15 million shares were traded on the day, compared to an average of 1.33M shares.
Insider trades can also provide insight into a stock’s future direction. During the recent three months, SMCI has seen 10 BUY and 8 SELL insider trades, representing the acquisition of 17,923 and the disposition of 6,658 shares. Over the last 12 months, there were 43 BUYs and 36 SELLs from insiders. Insiders purchased 79,187 shares during that period but sold 44,008.
In the most recent transaction, Liu Liang Chiu-Chu Sara sold 43,772 shares of SMCI for 71.26 per share on Jan 19. After the transaction, the Director now owns 6,722,717 company shares. In a previous transaction on Jan 19, Liang Charles sold 43,772 shares at 71.26 per share. SMCI shares that President and CEO owns now total 6,722,717.
Among the insiders who sold shares, Liang Charles disposed of 50,000 shares on Jan 18 at a per-share price of $81.82. This resulted in the President and CEO holding 6,698,423 shares of SMCI after the transaction. In another insider transaction, Liu Liang Chiu-Chu Sara sold 50,000 shares at $81.82 per share on Jan 18. Company shares held by the Director now total 6,698,423.
Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. According to analysts who have offered 12-month price targets for SMCI in the last 3 months, the mean price target is $98.80 with high estimates of $165.00 and low estimates of $65.00. 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
In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects.
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. 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.