Economy

Super Micro Computer, Inc. (NASDAQ:SMCI) Under Analyst Spotlight

The total dollar value of all 52.66 million outstanding shares is 1.11 billion. State of Alaska Department of Revenue now owns 7,471 shares of the technology company's stock worth $184,000 after acquiring an additional 3,311 shares during the period.

Super Micro Computer, Inc is engaged in developing and providing end-to-end green computing solutions to the cloud computing, data center, enterprise information technology (IT), big data, high performance computing (HPC) and Internet of Things (IoT)/embedded markets. The company's beta value is at 0.18. About 1.86M shares traded or 284.22% up from the average. (SMCI) opened at 20.85 on Thursday. However, if the SPWR shares go below $8.08 then it would indicate a much weaker market for the company. The company traded as low as $20.91 and last traded at $20.95, with a volume of 1,007,930 shares. The company shares sank -8.39% from their peak of $46.5 and now has a $1.95 billion market value of equity. The stock declined 2.22% or $4.77 reaching $210.28 on the news. Currently, the 14-day RSI reading is at 17.56. It has underperformed by 2.23% the S&P500. COPYRIGHT VIOLATION WARNING: "Super Micro Computer, Inc".

SMCI has been the subject of several other reports. (SMCI) remained successful in beating the consensus-estimated $0.36 as it actually earned $0.39 per share in its last reported financial results. SMCI's profit will be $14.09 million for 18.10 P/E if the $0.29 EPS becomes a reality.

In other news, Director Hwei-Ming Fred Tsai sold 5,000 shares of Super Micro Computer stock in a transaction dated Thursday, August 17th.

Investors sentiment increased to 1.19 in Q4 2016. Its up 0.36, from 0.83 in 2016Q3. The data from the past twelve months tells a similar story: insiders executed 3 buys and 40 sells, and ownership decreased by a net of 177672 shares. If Super Micro Computer, Inc. Neuberger Berman Group Inc Limited Liability holds 0.41% of its portfolio in Visa Inc (NYSE:V) for 3.40 million shares.

Super Micro Computer (NASDAQ:SMCI)'s 52-week price fluctuated within the range of $31.75 - $21.17.

Analysts await Owens-Illinois Inc (NYSE:OI) to report earnings on October, 24. It also increased its holding in Cnx Coal Res Lp by 30,400 shares in the quarter, for a total of 500,000 shares, and has risen its stake in Cf Inds Hldgs Inc (NYSE:CF). Swiss Bank & Trust reported 63,500 shares. (NASDAQ:SMCI). Putnam Invs Ltd Com owns 224,600 shares for 0.01% of their portfolio. State Of Tennessee Treasury Department holds 0% or 29,085 shares. Tiedemann Wealth Mgmt Ltd Llc holds 0.04% or 13,200 shares in its portfolio. Riggs Asset Managment Communication invested in 79,819 shares. Ls Investment Advisors Ltd has invested 0% in Super Micro Computer, Inc. Any way you dice it, a dip below $20.13 a share would be very bad news for SMCI's technical picture in the near-term. After $0.33 actual EPS reported by Super Micro Computer, Inc. for the previous quarter, Wall Street now forecasts -12.12 % negative EPS growth. (NASDAQ:SMCI) for 283,026 shares.

Just yesterday Super Micro Computer (NDAQ:SMCI) traded -0.83% lower at $21.00. Therefore 78% are positive. The legal version of this report can be accessed at https://weekherald.com/2017/09/21/kennedy-capital-management-inc-purchases-69886-shares-of-super-micro-computer-inc-smci.html. Lowers Super Micro Computer, Inc. (NASDAQ:SMCI) on Friday, August 4 with "Buy" rating. (NASDAQ:SMCI) has "Buy" rating given on Friday, January 27 by Needham. The firm has "Buy" rating given on Friday, January 29 by Maxim Group. The stock of Owens-Illinois Inc (NYSE:OI) has "Neutral" rating given on Friday, October 30 by Credit Suisse. Cowen & Co maintained the stock with "Buy" rating in Friday, July 14 report. The firm has "Hold" rating given on Tuesday, August 15 by Stifel Nicolaus. The rating was maintained by Maxim Group with "Buy" on Thursday, August 31. The stock of Super Micro Computer, Inc.

Since May 10, 2017, it had 0 buys, and 7 selling transactions for $535,963 activity. 10,000 shares were sold by TUAN SHERMAN, worth $245,123 on Wednesday, May 31. $144,600 worth of Super Micro Computer, Inc. Peoples Ser Corporation stated it has 77,758 shares. Therefore 23% are positive. Visa Inc. had 67 analyst reports since July 21, 2015 according to SRatingsIntel. Furthermore on 7/28/16 Pacific Crest "Initiates Coverage on" the stock to Sector Weight. (NASDAQ:SMCI) on Wednesday, November 11 to "Neutral" rating. Creditors will loan money at a cheaper rate to a profitable company than to an unprofitable one; consequently, profitable companies can use leverage to increase stockholders' equity even more. The firm has "Overweight" rating given on Friday, August 14 by JP Morgan.

News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Super Micro Computer, Inc. with MarketBeat.com's FREE daily email newsletter.



Like this

loading...
loading...

Latest


22 September 2017
Vancouver Canucks in a fog for first China practice
The Kings scored twice in the first period, once in the second and twice in the third to back goaltender Jonathan Quick, who made 31 saves.

22 September 2017
Purchases New Position in WPX Energy, Inc. (WPX)
BidaskClub lowered shares of WPX Energy from a "hold" rating to a "sell" rating in a research report on Thursday, August 17th. Investors are feeling more bearish on shares of the company recently if you put credence in the change in short interest.

22 September 2017
Real Madrid start of the season concerning and alarming, says Sergio Ramos
At one point the Real Madrid star started to blame the state of the Bernabeu pitch and threw up his arms in frustration. That unpredictability is what makes football so appealing. "We have just played a great game [3-1 at Real Sociedad]".

22 September 2017
Cheniere Energy, Inc. (AMEX:LNG) Quarterly growth Review
It improved, as 33 investors sold LNG shares while 98 reduced holdings. 56 funds opened positions while 118 raised stakes. Cheniere Energy Partners , L.P. (Cheniere Partners) is a limited partnership formed by Cheniere Energy, Inc (Cheniere).

22 September 2017
Jordan Peele is developing a Nazi-hunting series, which sounds about right
To clarify, the former Key & Peele star will be executive producing The Hunt alongside David Weil , who is writing the series. Peele will serve as executive producer and is now shopping the show to several networks.

22 September 2017
Thermo Fisher Scientific Inc (NYSE:TMO): Stock Sentiment
Busey Trust Company increased its stake in Twenty (FOXA) by 1443.68% based on its latest 2017Q2 regulatory filing with the SEC. The medical research company reported $2.30 EPS for the quarter, beating analysts' consensus estimates of $2.27 by $0.03.

22 September 2017
Gauri Lankesh's Murder: Gangster-Turned-Journalist Questioned
Journalists across the nation condemned the killing, and remembered a fearless scribe who was often critical of the right-wing. We are open for any questioning", they said in a joint press conference in Bengaluru .

22 September 2017
Valerie Plame Wilson Tweets 'America's Jews Are Driving America's Wars'
She eventually apologized for the share, calling the post "problematic" and saying, "I messed up". Plame Wilson's tweet will surely leave her open to a barrage of attacks and criticisms.

22 September 2017
Hess Corp (NYSE:HES): Stock Sentiment
ILLEGAL ACTIVITY WARNING: This news story was reported by Dispatch Tribunal and is the sole property of of Dispatch Tribunal. Also, the number of hedge funds holding Hess Corp in their top 10 equity positions was flat from 6 to 6 for the same number.

21 September 2017
Kohl's to Start Accepting Amazon's Returns
Amazon and Kohl's have yet to announce and plans to expand this program nationwide, but we'll keep our fingers crossed. Starting in October, 82 Kohl's stores in Los Angeles and Chicago will begin accepting returns for Amazon customers.