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 $0.62, or 0.24%, to $255.00. The Super Micro Computer Inc has recorded 64,923 volume in the after hours trading session. The stock was recently discussed on Yahoo Finance as it revealed that Supermicro Announces First Quarter Fiscal Year 2024 Financial Results.
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Stocks Info
The company is listed on the NASDAQ and operates within the Computer Hardware industry segment. The current market capitalization of Super Micro Computer Inc is $13.46B. A total of 1.92 million shares were traded on the day, compared to an average of 3.45M shares.
Insider Activity
Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, SMCI has seen 15 BUY and 14 SELL insider trades, representing the acquisition of 17,982 and the disposition of 11,890 shares. Over the last 12 months, there were 67 BUYs and 99 SELLs from insiders. Insiders purchased 501,974 shares during that period but sold 357,898.
In the most recent transaction, Liu Liang Chiu-Chu Sara sold 961 shares of SMCI for 243.62 per share on Oct 27. After the transaction, the Director now owns 2,497 company shares. In a previous transaction on Oct 27, Liang Charles sold 961 shares at 243.62 per share. SMCI shares that President and CEO owns now total 2,497.
Among the insiders who sold shares, KAO GEORGE disposed of 2,968 shares on Aug 31 at a per-share price of $280.79. This resulted in the SVP, OPERATIONS holding 7,590 shares of SMCI after the transaction. In another insider transaction, TUAN SHERMAN sold 1,000 shares at $272.00 per share on Aug 30. Company shares held by the Director now total 27,613.
It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for SMCI in the last 3 months, the mean price target is $375.20 with high estimates of $500.00 and low estimates of $240.00. In terms of 52-week highs and lows, SMCI has a high of $357.00 and a low of $69.02.
As of this writing, SMCI has an earnings estimate of $3.2 per share for the current quarter. EPS was calculated based on a consensus of 7 estimates, with a high estimate of $3.49 per share and a lower estimate of $2.79. The company reported an EPS of $1.63 in the last quarter, which was -4.70% lower than expectations of $1.71.
Balance Sheet Annually/Quarterly
An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. SMCI’s latest balance sheet shows that the firm has $267.40M in Cash & Short Term Investments as of fiscal 2022. There were $596.76M in debt and $1.47B in liabilities at the time. Its Book Value Per Share was $40.63, while its Total Shareholder’s Equity was $1.43B.
Analysts Opinion
There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. Currently, 0 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 Buy with a score of 4.43.
