Insider Analysis: An Insider Chenghsien Chou Unloaded 500 shares of Super Micro Computer, Inc. (NASDAQ:SMCI)

November 23, 2016 - By whatsonthorold

Insider Analysis: An Insider Chenghsien Chou Unloaded 500 shares of Super Micro Computer, Inc. (NASDAQ:SMCI)

Cheng-Hsien Chou Insider Sell

Chenghsien Chou who serves as VP Worldwide Sales of Super Micro Computer Inc a few days ago sold 500 shares of the company. The insider sale has $13,156 U.S Dollars total value, at the average stock price of $26.3. Chenghsien is trying to silently decrease his company’s share, same as he did in the last 30 days. He sold another 500 shares worth $12,437 USD.

Super Micro Computer, Inc. (NASDAQ:SMCI) Ratings Coverage

Out of 8 analysts covering Super Micro Computer (NASDAQ:SMCI), 5 rate it a “Buy”, 0 “Sell”, while 3 “Hold”. This means 63% are positive. $52 is the highest target while $19 is the lowest. The $35.38 average target is 33.01% above today’s ($26.6) stock price. Super Micro Computer has been the topic of 19 analyst reports since August 6, 2015 according to StockzIntelligence Inc. The company was downgraded on Tuesday, July 19 by Stifel Nicolaus. Maxim Group initiated the shares of SMCI in a report on Friday, July 31 with “Buy” rating. The stock of Super Micro Computer, Inc. (NASDAQ:SMCI) earned “Buy” rating by Stifel Nicolaus on Friday, October 9. The firm has “Buy” rating by Roth Capital given on Friday, August 14. The rating was maintained by Maxim Group on Friday, January 29 with “Buy”. On Tuesday, July 19 the stock rating was downgraded by DA Davidson to “Neutral”. On Friday, October 9 the stock rating was maintained by Needham with “Buy”. The stock has “Buy” rating given by Needham on Friday, October 23. The stock of Super Micro Computer, Inc. (NASDAQ:SMCI) earned “Buy” rating by Maxim Group on Monday, June 13. The stock has “Buy” rating given by Maxim Group on Friday, September 23.

Insitutional Activity: The institutional sentiment decreased to 0.83 in Q2 2016. Its down 0.29, from 1.12 in 2016Q1. The ratio is negative, as 37 funds sold all Super Micro Computer, Inc. shares owned while 45 reduced positions. 25 funds bought stakes while 67 increased positions. They now own 34.99 million shares or 5.66% less from 37.09 million shares in 2016Q1.

Macquarie reported 1.29M shares or 0.06% of all its holdings. Fdx Advsrs Inc holds 0.02% or 18,197 shares in its portfolio. Guggenheim Ltd Liability Corp holds 206,910 shares or 0.02% of its portfolio. The Kentucky-based Teachers Retirement Of The State Of Kentucky has invested 0% in Super Micro Computer, Inc. (NASDAQ:SMCI). Renaissance Technology Limited Liability Co has invested 0% of its portfolio in Super Micro Computer, Inc. (NASDAQ:SMCI). Virginia Retirement Et Al holds 24,800 shares or 0.01% of its portfolio. Moreover, Brandywine Global Invest Mgmt Limited Liability Company has 0.02% invested in Super Micro Computer, Inc. (NASDAQ:SMCI) for 133,609 shares. Blackrock Fund Advisors last reported 0.01% of its portfolio in the stock. Credit Suisse Ag last reported 0% of its portfolio in the stock. Cornerstone Capital Holdg Lc reported 58,500 shares or 0.01% of all its holdings. The Pennsylvania-based Philadelphia has invested 0.17% in Super Micro Computer, Inc. (NASDAQ:SMCI). Deutsche Bank & Trust Ag accumulated 0% or 195,486 shares. The New York-based Citigroup Inc has invested 0% in Super Micro Computer, Inc. (NASDAQ:SMCI). Tortoise Invest Mngmt Limited Company has invested 0% of its portfolio in Super Micro Computer, Inc. (NASDAQ:SMCI). Calvert Invest accumulated 0.13% or 104,150 shares.

Insider Transactions: Since May 23, 2016, the stock had 0 buys, and 7 sales for $2.09 million net activity. On Thursday, August 25 CHOU CHENG-HSIEN PHIDIAS sold $21,750 worth of the stock or 1,000 shares. Another trade for 20,314 shares valued at $519,425 was made by Hideshima Howard on Thursday, November 17. $431,122 worth of Super Micro Computer, Inc. (NASDAQ:SMCI) was sold by Liaw Yih-Shyan Wally on Friday, August 26. Tsai Hwei-Ming Fred had sold 10,000 shares worth $251,550.

The stock increased 0.57% or $0.15 during the last trading session, hitting $26.6. About 335,258 shares traded hands. Super Micro Computer, Inc. (NASDAQ:SMCI) has declined 5.47% since April 20, 2016 and is downtrending. It has underperformed by 10.02% the S&P500.

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 , big data, high performance computing (HPC) and Internet of Things (IoT)/embedded markets. The company has a market cap of $1.30 billion. The Company’s solutions range from server, storage, blade and workstations to full racks, networking devices, server management software and technology support and services. It has a 19.13 P/E ratio. The Firm sells its server systems and server subsystems and accessories through a combination of distributors, including value added resellers and system integrators, and other equipment manufacturers (OEMs).

According to Zacks Investment Research, “Super Micro Computer, Inc. designs, develops, manufactures and sells energy-efficient, application optimized server solutions based on the x86 architecture. The Company’s solutions include a range of rack mount and blade server systems, as well as components. Supermicro emphasizes superior product design and uncompromising quality control to produce industry-leading serverboards, chassis and server systems. These Server Building Block Solutions provide benefits across many environments, including data center deployment, high-performance computing, high-end workstations, storage networks and standalone server installations. Super Micro Computer sells its server systems and components primarily through distributors, which include value-added resellers and system integrators, and to a lesser extent, to original equipment manufacturers (OEMs). Super Micro Computer, Inc. is headquartered in San Jose, California.”

More important recent Super Micro Computer, Inc. (NASDAQ:SMCI) news were published by: Prnewswire.com which released: “Memory1 Servers Now Available from Super Micro Computer, Inc.” on November 17, 2016, also Fool.com published article titled: “Why Super Micro Computer, Inc. Stock Plummeted Today”, Fool.com published: “Why Super Micro Computer, Inc. Stock Plunged Today” on April 15, 2016. More interesting news about Super Micro Computer, Inc. (NASDAQ:SMCI) was released by: Fool.com and their article: “Why Super Micro Computer, Inc. Stock Skyrocketed Today” with publication date: January 12, 2016.

SMCI Company Profile

Super Micro Computer, Inc., incorporated on August 28, 2006, 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 solutions range from server, storage, blade and workstations to full racks, networking devices, server management software and technology support and services. The Firm sells its server systems and server subsystems and accessories through a combination of distributors, including value added resellers and system integrators, and other equipment manufacturers (OEMs). As of June 30, 2016, the Company offered over 4,950 stock keeping units (SKUs), including SKUs for server and storage systems, serverboards, chassis, power supplies and other system accessories. The Firm develops and makes server solutions based upon a modular and open architecture. The Firm offers a range of application optimized server solutions, including rackmount and blade server systems and subsystems and accessories, which clients can use to build complete server systems.

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